Mark Morey returns to the podcast this week, for a deep dive into Cultural Capital, one of the more intangible and less understood of the 8 Forms Of Capital. PeakProsperity.com readers may remember Mark from his front-line reporting for us of the situation in Standing Rock as the confrontation there with the government first escalated.
Cultural capital is rooted in society's values and traditions. Sadly, over the past few generations in the West, we have departed from the time-honored (and honed) customs and rituals of our ancestors, and adopted a much more "it's all about me" approach to life.
The result, argues Morey, is a populace that feels isolated an unfulfilled. Those age-old traditions and rites of passage developed for a reason. They gave our lives meaning, as well as instructed us on how to live.
Is there a way to recover some of that lost wisdom and sense of "fit" in life? Yes, Morey believes. And there's much the world's indigenous cultures can teach us. » Read more
In this week's Off The Cuff podcast, Chris and John Rubino discuss:
The Coming Debt Explosion
Really? We're going to try to add more??
Pension Time Bomb
Going off sooner than most expect
The Evil Fed
It's policies are at the root of our economic predicament
The Revolution Is Brewing
Continental Europe will see the next iconoclast elected
The only thing more frightening than the massive overburden of debt weighing on today's economy is the recent trial balloon that we need to add a bunch more in order to spark economic growth. Chris and John slam this wrongheaded thinking, and direct our attention to the damage the effects of already having too much debt is wreaking on our future prospects.
The Peak Prosperity annual seminar is just a little over a month away now.
It will be held from April 6-9th, at its traditional location, the bucolic Rowe Conference Center in Rowe, Massachusetts. More information regarding the seminar and how to register can be found by clicking here.
It's impossible to predict with certainty how much more insane our financial markets will get before an inevitable correction, but my personal bet is “a lot!”
For my reasons why, take a few minutes to watch the chapter on bubbles below from The Crash Course. For those who haven't seen it before, the takeaway is this: bubbles pop only when greed in the market has been exhausted. » Read more
The main lesson from Oroville -- or Fukushima, or Katrina -- is that governments do a poor job of relating accurate information to their citizens when big threats are involved. Part of that is likely due to a desire to avoid stoking fear. Part probably due to politics and bureaucracy. And part probably due to plain old incompetence.
Regardless of the cause, it means that the public -- even the vigilant ones -- suffer information deficits when it matters most. Simply put, the authorities do not share all the facts necessary for making informed decisions.
Which brings us to one of the truly great risks we're facing today. One with much more destructive potential than a single failed dam but, like Oroville, one the authorities are desperate to keep us in the dark about. » Read more
Dr. Nafeez Ahmed is an award winning 15 year investigative journalist, noted international security scholar, best-selling author and film-maker. He authored The Guardian’s Earth Insight blog and has twice won the prestigious Project Censored Award for outstanding investigative journalism.
In his new book Failing States, Collapsing Systems, Nafeez points out, as we often do here at PeakProsperity.com, that everything in our modern society is connected to energy, and that our pursuit of ever more, ever higher growth is finally colliding with planetary limits. Scarcity and strife will be the dominant trends from here, unless we, as a species, start looking for different ways of living better-suited for a finite world. » Read more