Tag Archives: Crisis

  • Blog
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    Warning: Ukraine Is At A Flashpoint

    The stability between Russia & the West is failing
    by Chris Martenson

    Sunday, May 4, 2014, 5:16 AM


    Regrettably I am very close to issuing an official Alert over the situation in Ukraine.  The situation has continued to both escalate and deteriorate and more than 50 people died on Friday, May 2 in violence in Odessa and other eastern cities in Ukraine.  Relations between Russia and the US are finding new lows while China and Russia grow closer. 

    For those living in Europe who are exposed to the possible fallout that would result from the loss of supplies of Russian energy, the time to begin your preparations is right now.

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  • Insider

    How This Situation Can Quickly Get Much Worse

    We're teetering on a very slippery slope towards war
    by Chris Martenson

    Sunday, May 4, 2014, 5:16 AM


    Executive Summary

    • Why the US' antagonistic approach towards Russia is likely to backfire big time, in both the near and long term
    • How, by definition, the West has already initiated economic warfare against Russia
    • Why things will get very bad in a hurry for the West if Russia reacts by re-directing its energy exports 
    • And how things could get much worse indeed, for everyone, if this conflict erupts into a military confrontation

    If you have not yet read Warning: The Ukraine Is At A Flashpoint, available free to all readers, please click here to read it first.

    Poking The Bear

    And that finally brings us to Russia, which has a long and complicated history with Ukraine. There are many Russian speaking people in the Ukraine, for whom Russia feels somewhat protective, as perhaps US citizens in Canada or Mexico might expect from the US.

    Further, Russia quite rightfully feels that it is being systematically surrounded and cornered by the NATO military structure and they might reasonably ask themselves why and for what purpose(s)?  There are probably other ways to look at this, but it's certainly reasonable to think that Russia might feel just the tiniest bit provoked, if not threatened, at the West's obvious efforts to get Ukraine to join up with NATO.

    Instead of sitting down with Russia to try and hammer things out, the US resorted almost immediately to a series of sanctions targeted at Russian individuals and companies, as well as the Russian stock and bond markets, with the intention of creating economic and financial hardship that would get Russia to leave Ukraine to the west.

    Here are a few of the efforts so far…

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  • Insider
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    Too Late!

    The morality of preparing today vs tomorrow
    by Chris Martenson

    Wednesday, March 19, 2014, 6:24 PM


    Our motto here at Peak Prosperity is we’d rather be a year early than a day late. 

    What we mean by this is that by the time the general masses catch on that something is wrong, it’s too late to do much in the way of preparing. 

    At least responsibly.

    Preparing before a true crisis hits is our very definition of being a responsible adult.

    Trying to lay in supplies after the crisis has hit is our definition of being an irresponsible hoarder.

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  • Blog
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    Why 2014 Is Beginning to Look A Lot Like 2008

    The similarities are stacking up
    by charleshughsmith

    Wednesday, March 12, 2014, 4:06 PM


    Does anything about 2014 remind you of 2008? 

    The long lists of visible stress in the global financial system and the almost laughably hollow assurances that there are no bubbles, everything is under control, etc. etc. etc.  certainly remind me of the late-2007-early 2008 period when the subprime mortgage meltdown was already visible and officialdom from Federal Reserve chairman Alan Greenspan on down were mounting the bully pulpit at every opportunity to declare that there was no bubble in housing and the system was easily able to handle little things like default

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  • Podcast

    FerFAL: Here’s What It Looks Like When Your Country’s Economy Collapses

    Argentina is showing us the playbook in real-time
    by Adam Taggart

    Saturday, February 8, 2014, 7:36 PM


    Argentina is a country re-entering crisis territory it knows too well. The country has defaulted on its sovereign debt three times in the past 32 years, and looks poised to do so again soon.

    Its currency, the peso, devalued by more than 20% in January alone. Inflation is currently running at 25%. Argentina's budget deficit is exploding and, based on credit default swap rates, the market is placing an 85% chance of a sovereign default within the next five years.

    Want to know what it's like living through a currency collapse? Argentina is providing us with a real-time window.

    So, we've invited Fernando "FerFAL" Aquirre back onto the program to provide commentary on the events on the ground there. What is life like right now for the average Argentinian?

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  • Blog
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    The Wisdom of Looking Like an Idiot Today

    Now is the time to act with the courage of our convictions
    by Adam Taggart

    Tuesday, December 3, 2013, 2:42 PM


    Perhaps you still remember the speed and depth of the 2008 credit crisis' arrival, and its toxic impact on asset prices, jobs, and overall trust in the financial system. Maybe you took notes during the preceding tech and housing bubbles and their aftermath. If so, you likely swore that "Never again!" would you put your wealth at risk during such obvious times of public mania.

    So, if this sounds at all like you, five years after the 2008 crisis, how is the "prudent" strategy looking today?

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  • Blog
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    Why the Bullwhip Effect All But Guarantees Another Poorly-Handled Liquidity Crisis

    Complex systems break under stress
    by Adam Taggart

    Monday, July 1, 2013, 3:54 PM


    One of my more memorable moments in business school came during an Operations class. The topic for the day was the Bullwhip Effect, a very real and vexing phenomenon that occurs in forecast-driven distribution systems.

    Essentially, when there are multiple parties in a distribution system, the imperfections in each player's forecasts (no forecast is consistently perfect) compound to wreak increasing havoc over time, even if demand stays relatively stable.

    Grasping how this works is somewhat non-intuitive…

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  • Podcast

    Neil Howe: The Fourth Turning Has Arrived

    History offers a guide to crisis management
    by Adam Taggart

    Sunday, June 23, 2013, 4:14 PM


    In 1996, demographers William Strauss and Neil Howe published the book The Fourth Turning. This study of generational cycles ("turnings") in America revealed predictable social trends that recur throughout history, and warned of a coming crisis (a "fourth turning") based on this research.

    Fourth turnings are defined by disorder and great changes brought on by a breakdown of the systems and operating principles that dominated the prior three turnings.

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  • Podcast

    Ron Paul: Rejecting Authoritarian Government Is Our Greatest Priority

    Self-reliance is the key to our future
    by Adam Taggart

    Sunday, June 9, 2013, 4:00 PM


    Dr Ron Paul has long been a leading voice for limited constitutional government, low taxes, free markets, sound money, civil liberty, and non-interventionist foreign policies.

    His last term in the U.S. House of Representatives ended earlier this year, so we caught up with the former Congressman to get his latest perspective on how successfully our national leadership is dealing with America’s economic challenges.

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  • Daily Digest
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    Daily Digest 5/6 – OPEC Falling Apart at the Seams, The Thin Red Line

    by DailyDigest

    Monday, May 6, 2013, 3:02 PM

    • Even In a Time of Elephantine Vanity and Greed
    • Quantitative Easing is a Heavy Load
    • German euro founder calls for 'catastrophic' currency to be broken up
    • Schiff: We're Heading For A Crisis Worse Than 2007
    • The Thin Red Line
    • OPEC Falling Apart at the Seams
    • How Resource Limits Lead to Financial Collapse

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