Tag Archives: Barack Obama

  • Podcast

    James Howard Kunstler: Racketeering Is Ruining Us

    Understanding why there are all those hands in your wallet
    by Adam Taggart

    Tuesday, August 16, 2016, 1:33 AM


    If you don't understand what's causing a particular problem, then it's pretty difficult to come up with an effective solution.

    Author, commentator and longtime friend-of-the-site James Howard Kunstler returns to our podcast this week to discuss the importance of accurate diagnosis — in this case, of the scourge he sees as accelerating America's downslide into economic and social decline: Racketeering.

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  • Insider
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    Off the Cuff: When the Wheels Will Come Off

    The argument for a major correction by Spring
    by Adam Taggart

    Thursday, February 14, 2013, 3:47 PM


    In this week's Off the Cuff podcast, Chris and Charles discuss:

    • The (Dire) State of the Union
      • The money for the Administration's grand vision just doesn't exist
    • The Housing Market
      • Bubble pricing returning to several markets
    • Currency wars
      • Why the dollar will likely strengthen further from here
    • The Next Correction
      • Here by summer?
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  • Blog
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    2012 Year in Review

    Free markets, rule of law, and other urban legends
    by David Collum

    Friday, December 21, 2012, 7:34 PM



    I was just trying to figure it all out.

    ~ Michael Burry, hedge fund manager

    Every December, I write a Year in Review that has now found a home at Chris Martenson’s website PeakProsperity.com.1,2,3 What started as a simple summary intended for a couple dozen people morphed over time into a much more detailed account that accrued over 25,000 clicks last year.4 'Year in Review' is a bit of a misnomer in that it is both a collage of what happened, plus a smattering of issues that are on my radar right now. As to why people care what an organic chemist thinks about investing, economics, monetary policy, and societal moods I can only offer a few thoughts.

    For starters, in 33 years of investing with a decidedly undiversified portfolio, I had only one year in which my total wealth decreased in nominal dollars. For the 13 years beginning 01/01/00—the 13 toughest investing years of the new millennium!—I have been able to compound my personal wealth at an 11% annualized rate. This holds up well against the pros. I am also fairly good at distilling complexity down to simplicity and seem to be a congenital contrarian. I also have been a devout follower of Austrian business cycle theory—i.e., free market economics—since the late 1990s.4

    Each review begins with a highly personalized analysis of my efforts to get through another year of investing followed by a more holistic overview of what is now a 33-year quest for a ramen-soup-free retirement. These details may be instructive for those interested in my approach to investing. The bulk of the review, however, describes thoughts and observations—the year’s events told as a narrative. The links are copious, albeit not comprehensive. Some are flagged with enthusiasm. Everything can be found here.5

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  • Insider
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    Four More Years

    Predicting a global recession in 2013
    by Chris Martenson

    Thursday, November 8, 2012, 3:51 PM


    Obama has been re-elected. Given the hyperbole and highly emotional rhetoric of the election, it is hard to imagine that the U.S. is anything but slightly more divided than before, with the gaps and divisions widening more and more as time goes on.

    The real tragedy in this story is that virtually none of the really big and important issues were even touched in this election cycle. One party pointed to how much they managed to increase military spending while the other promised to exceed even that. One side said they'd promote even faster drilling and extraction of our dwindling energy reserves and the other promised they could do it even faster. Both said they wanted more growth and more jobs and more, more, more.

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  • Insider
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    Off the Cuff: Picking Our Poison

    At this stage, we're offered only toxic choices
    by Adam Taggart

    Wednesday, October 17, 2012, 10:50 PM


    In this week's Off the Cuff with Mish & Chris podcast, Mish and Chris discuss:

    • The Presidential Debates
      • The only big winner is the status quo
    • Surprisingly Rosy Data
      • Reality? Or election year fudging?
    • The Universality of Human Behavior
      • Chris' UK trip reaffirms his confidence in his forecasts
    • Recession vs Higher Deficits
      • Picking our poison
    • Holding Gold
      • The trend is gaining in popularity

    Despite the posturing and soundbyte zingers, both Chris and Mish do not find any substantial difference between the two presidential candidates when it comes to the Three Es.

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