depression

Blog

The End of Growth

Either it ends, or we do
Friday, June 22, 2018, 7:57 PM

More and more, I hear that folks are feeling frustrated and betrayed, combined with a sense of loss and despair. I feel this way, too.

At a deep level, what ails us is not a host of unrelated, intractable problems, but the fact that our model of pursuing eternal economic growth simply isn't working anymore. It doesn’t work for the planet’s increasingly strained ecosystems, nor does it work for the bottom 99% of folks in society (i.e., the non-elites). The various health epidemics society suffers from today are merely symptoms of a larger acute spiritual crisis.

But viewed at a certain angle, this may be a good sign.

Why? Because in order to shift from one model to another, the old one first has to become unbearable. » Read more

Blog

Shutterstock

Feeling Isolated?

If so, you're not alone
Thursday, June 7, 2018, 3:25 PM

Does anyone else in your life share your concerns for the future?

Is there someone you talk with regularly about the unsustainability of our current economic and ecological trajectories?

Do you have friends and/or family members who support your efforts to develop a more resilient lifestyle?

If you answered "no" to these questions, you're not an outlier. In fact, the #1 most commonly-reported complaint we hear from Peak Prosperity readers is that they feel alone and isolated when it comes to the warnings delivered in The Crash Course. » Read more

Podcast

Digital Deliverance/

Robert Whitaker: America's Prescription Drug Epidemic

Not only do we take too many drugs, they're making us sicker
Monday, April 30, 2018, 12:13 PM

The United States has one of the highest rates in the world of prescription drug use, especially for the psychiatric and anti-anxiety drug classes:

  • 1 in 6 Americans takes a psychiatric drug
  • Over a 130,000 U.S. toddlers, children between zero and five years of age, are prescribed addictive anti-anxiety drugs including the wildly-addictive and difficult to stop using benzodiazepines
  • A very high proportion of the school shootings in the U.S. were committed by young adults on such drugs.

The benefits of these drugs are marketed to us daily, but what about the downsides? What about the side effects? More importantly, do they even work?  » Read more

Insider

JRMurray76/Shutterstock

Off The Cuff: Deploy The Flying Pigs!

All rationality has left the markets
Monday, October 26, 2015, 5:06 PM

In this week's Off The Cuff podcast, Chris and Mish discuss:

  • Looks Like We'll Need A Bigger Bazooka
    • Draghi hints at more QE
  • The Schizophrenic Fed
    • Exploring both raising & lowering rates
  • No Rationality Left
    • Depression-level results RAISES stocks?
  • Banning Physical Cash
    • Still the plan of the central bank cartel

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today. » Read more

Insider

Rise a Pauper

Wealth confiscation is the next stage of the game
Monday, April 1, 2013, 8:46 PM

Because of exceptionally poor decision making on the part of Cyprus leadership both before and during the recent crisis, Cyprus is now consigned to a very dark future of economic depression and failure.

Whatever the jabbering from the Troika, a precedent has now been set.

The one genie that cannot be placed back into its bottle is the notion that bank depositor accounts are now fair game.  The larger lesson here is that a wealth tax is now one of the solutions on the table for various government authorities across the EU, US, and other developed nations. » Read more

Insider

Philip Leara/flickr

Predicting the 'When?' & 'How Far?' of the Next Market Decline

Meet the Coppock Curve
Thursday, June 21, 2012, 6:35 PM

Executive Summary

  • Technical analysis offers methods for identifying long-term trend changes
  • Introducing the Coppock Curve
  • Why the Coppock Curve indicates a coming decline in the equities markets
  • If correct, it may take 8-15 months to hit the bottom of the decline before a recovery begins
  • Global markets are likely to all go down together, making finding "safe havens" more challenging

If you have not yet read Part I: When Will Reality Intrude and the Stock Market Hit Bottom?, available free to all readers, please click here to read it first.

In Part I, we explored the correlation between the stock market and the real economy (tenuous in times of massive intervention) and the probability that the economy’s next trough lies between 10 and 30 weeks in the future.  We then looked to Japan’s Nikkei stock market index as a guide to equities’ performance in eras dominated by debt and deleveraging, and found that the Nikkei’s history suggests a bottom in U.S. stocks could be as far as a year away, in mid-2013.  This aligns with the possibility that the real economy hits a recessionary bottom in late 2012 and the stock market finally reflects that weakness six months later in mid-2013.

As we look at other evidence supporting a significant decline in stocks, we must keep Part I’s caveats firmly in mind:

  1. It’s possible that equities could rise to previous highs or even reach new highs in the near term, despite the recessionary stagnation of real incomes and growth, as stocks tend to be “lagging indicators” of recession.
  2. Massive monetary easing and fiscal stimulus could push “risk-on” assets (such as stocks) higher, even as the real economy weakens.
  3. Global Corporate America could continue generating profits that would support stock market valuations even as the bottom 80% of U.S. households sees further deterioration in their real incomes and balance sheets.

These three factors could support a decoupling of the stock market from the “main street” economy as measured by real (inflation adjusted) incomes and household balance sheets. » Read more