Home
Peak Insiders
Peak Insiders
by
Chris Martenson
- How financialization facilitates wealth transfer
- How to escape the slow squeeze of financialization
- Understanding mannon
- How to prepare for the future
If you have not yet read Part 1: The Company Store , available free to all readers, please click here to read it first.
Given that the powers that be are highly motivated to keep their power and privilege intact, we all need to be prepared for the trends to continue for a while longer, perhaps a lot longer, before they change.
In fact, I think we need to get this right out on the table; nothing will change until something forces that change.
Whether that’s an ecological catastrophe that cannot be ignored any longer, a financial collapse, or a social rebellion is unknowable. But something along those lines.
Power never gives up its advantages willingly. Especially not a power structure so far gone that it shrugs when its children (as young as 5!) and farmers alike are resorting to suicide as a means of escape from its depredations and oversights.
Especially not from a system of banking that doesn’t even question handing out many trillions of dollars against dodgy collateral (“it was an emergency!”).
Meanwhile you and I have to live our lives knowing that there’s a rigged game afoot that is rather unhinged and bottomless in its desire for more (mammon is winning).
The opportunity, such as it is, is for us to first recognize this game for what it is (rigged) and to realign our own actions with the future we wish to see. Step one is…
It’s Time to Respond
PREVIEW by Chris Martenson- How financialization facilitates wealth transfer
- How to escape the slow squeeze of financialization
- Understanding mannon
- How to prepare for the future
If you have not yet read Part 1: The Company Store , available free to all readers, please click here to read it first.
Given that the powers that be are highly motivated to keep their power and privilege intact, we all need to be prepared for the trends to continue for a while longer, perhaps a lot longer, before they change.
In fact, I think we need to get this right out on the table; nothing will change until something forces that change.
Whether that’s an ecological catastrophe that cannot be ignored any longer, a financial collapse, or a social rebellion is unknowable. But something along those lines.
Power never gives up its advantages willingly. Especially not a power structure so far gone that it shrugs when its children (as young as 5!) and farmers alike are resorting to suicide as a means of escape from its depredations and oversights.
Especially not from a system of banking that doesn’t even question handing out many trillions of dollars against dodgy collateral (“it was an emergency!”).
Meanwhile you and I have to live our lives knowing that there’s a rigged game afoot that is rather unhinged and bottomless in its desire for more (mammon is winning).
The opportunity, such as it is, is for us to first recognize this game for what it is (rigged) and to realign our own actions with the future we wish to see. Step one is…
by
Chris Martenson
Executive Summary
- China’s critical role in keeping the party going (and why China is in a weaker position this time)
- Despite current stock prices, the economic data is awful and fast getting worse
- A recession is near-unavoidable at this point
- What to do if you’re not in the top 0.1%
If you have not yet read Part 1: It’s 2016 All Over Again. Or Is It?, available free to all readers, please click here to read it first.
I know that it seems as if the US equity markets cannot ever go down and, truthfully, those indexes receive a ton of help from the Fed, the media, and from corporate buybacks.
The trouble, as always, when it begins will not be detected in the large, successful companies first. Amazon and APPL will be among the last to go down.
The trouble will start at the outside and work its way inwards. This “outside in” phenomenon is pretty robust and it has not yet been repealed by the interventionistas at the Fed.
In the US we might look to the small cap stocks to give way first, and I think they have. It’s in that universe where we will find an outsized majority of the zombie companies.
From a fundamental standpoint the small caps are a certified balance sheet mess. Their net debt has been on a 40-degree, ruler-straight rise since 2010 even as their EBIDTA has risen at only a 10-degree trajectory. The current gap is eye popping.
This is a huge increase in debt, and it makes these companies especially vulnerable to any economic downturn or rise in interest rates.
Accordingly, while all eyes are on the Nasdaq powering to a brand new all time high, the small caps in the Russell 2000 are definitely not making new highs and seem to be sneaking out the back door.
If you are looking for a place to short US equities at the index level, the small caps are the …
Why This Better Work
PREVIEW by Chris MartensonExecutive Summary
- China’s critical role in keeping the party going (and why China is in a weaker position this time)
- Despite current stock prices, the economic data is awful and fast getting worse
- A recession is near-unavoidable at this point
- What to do if you’re not in the top 0.1%
If you have not yet read Part 1: It’s 2016 All Over Again. Or Is It?, available free to all readers, please click here to read it first.
I know that it seems as if the US equity markets cannot ever go down and, truthfully, those indexes receive a ton of help from the Fed, the media, and from corporate buybacks.
The trouble, as always, when it begins will not be detected in the large, successful companies first. Amazon and APPL will be among the last to go down.
The trouble will start at the outside and work its way inwards. This “outside in” phenomenon is pretty robust and it has not yet been repealed by the interventionistas at the Fed.
In the US we might look to the small cap stocks to give way first, and I think they have. It’s in that universe where we will find an outsized majority of the zombie companies.
From a fundamental standpoint the small caps are a certified balance sheet mess. Their net debt has been on a 40-degree, ruler-straight rise since 2010 even as their EBIDTA has risen at only a 10-degree trajectory. The current gap is eye popping.
This is a huge increase in debt, and it makes these companies especially vulnerable to any economic downturn or rise in interest rates.
Accordingly, while all eyes are on the Nasdaq powering to a brand new all time high, the small caps in the Russell 2000 are definitely not making new highs and seem to be sneaking out the back door.
If you are looking for a place to short US equities at the index level, the small caps are the …
Total 1761 items
by sand_puppy 
