Podcast

Sebastian Junger: Is Our Material Wealth Undermining Our Happiness & Health?

One the most personally meaningful podcast interviews we’ve done over the years was Our Evolutionary Need For Community, recorded with Peabody award-winning author Sebastian Junger.

Since recording our initial interview with Sebastian, we’ve often shared the insights from it with the Peak Prosperity tribe at live events and in our writings. So this week we decided to reconnect with Sebastian, and hear how his thoughts and conclusions on the topic have evolved since we last talked with him.

It’s clear that he believes more than ever that the future prosperity of our society will be rooted in rediscovering how to create and foster the communal bonds our tribal ancestors lived by. And that begins by taking an honest look at the narratives, behaviors, and modern conveniences and temptations that keep us trapped in unhappy, unhealthy isolation.

Sebastian Junger: Is Our Material Wealth Undermining Our Happiness & Health?

by Chris Martenson

One the most personally meaningful podcast interviews we’ve done over the years was Our Evolutionary Need For Community, recorded with Peabody award-winning author Sebastian Junger.

Off The Cuff: The System Is Purposely Insidious

PREVIEW

by Chris Martenson

In this week’s Off The Cuff podcast, Chris and Wolf Richter discuss: Only An Elite Few Benefit From The ‘Wealth Effect’ The System Is Purposely Insidious Only Revolution Will Change Things At This Point What The Heck Is The Fed Up To Next? Get ready for ‘no punches pulled’ barnburner of a discussion. Both Chris…

Off The Cuff: The System Is Purposely Insidious

PREVIEW by Chris Martenson

Why The Risk Of A Correction Is So High Right Now

PREVIEW

by Chris Martenson

Executive Summary

How our driven pursuit of “growth” is putting the entire system at risk
Why those running the system do NOT have our interests in mind
Why a correction risk is so high right now
Why our odds keep getting worse

If you have not yet read Part 1: The Federal Reserve Is Directly Monetizing US Debt , available free to all readers, please click here to read it first.

My main message here in Part 2 is to show you why, from my vantage point of following the economy and financial markets daily, things are serious right now.

I trust actions over words; and the Fed’s actions are consistent with a big problem happening somewhere deep in the shadow banking system.

Further, all of the global macro data I track closely is screaming that a slowdown is here.

On top of that, investor confidence in the Fed’s ability to push market prices ever higher is dangerously overextended.

Stock gains have zoomed way ahead of the Fed’s recent excess liquidity, as this chart shows… (Enroll now to continue reading)

ENROLL NOW TO ACCESS PART 2 IN FULL

Why The Risk Of A Correction Is So High Right Now

PREVIEW by Chris Martenson

Executive Summary

How our driven pursuit of “growth” is putting the entire system at risk
Why those running the system do NOT have our interests in mind
Why a correction risk is so high right now
Why our odds keep getting worse

If you have not yet read Part 1: The Federal Reserve Is Directly Monetizing US Debt , available free to all readers, please click here to read it first.

My main message here in Part 2 is to show you why, from my vantage point of following the economy and financial markets daily, things are serious right now.

I trust actions over words; and the Fed’s actions are consistent with a big problem happening somewhere deep in the shadow banking system.

Further, all of the global macro data I track closely is screaming that a slowdown is here.

On top of that, investor confidence in the Fed’s ability to push market prices ever higher is dangerously overextended.

Stock gains have zoomed way ahead of the Fed’s recent excess liquidity, as this chart shows… (Enroll now to continue reading)

ENROLL NOW TO ACCESS PART 2 IN FULL

The Federal Reserve Is Directly Monetizing US Debt

by Chris Martenson

The Federal Reserve is now directly monetizing US federal debt.

Sure, it’s not admitting to this. And it’s using several technical jinks and jives to offer a pretense that things are otherwise.

But it’s not terribly difficult to predict what’s going to happen next: the Federal Reserve will drop the secrecy and start buying US debt openly.

At a time, mind you, when US fiscal deficits are exploding and foreign buyers are heading for the exits.

The Federal Reserve Is Directly Monetizing US Debt

by Chris Martenson

The Federal Reserve is now directly monetizing US federal debt.

Sure, it’s not admitting to this. And it’s using several technical jinks and jives to offer a pretense that things are otherwise.

But it’s not terribly difficult to predict what’s going to happen next: the Federal Reserve will drop the secrecy and start buying US debt openly.

At a time, mind you, when US fiscal deficits are exploding and foreign buyers are heading for the exits.

Should You Relocate To A More Resilient Area?

by Adam Taggart

Likely a symptom of growing social unease, we’re seeing a surge in interest amongst our readership in relocation.

Many are folks living in urban and suburban areas worried that local resources and/or rule of law will not hold up well during a serious economic crisis, civil disorder or natural disaster.

Others have watched Peak Prosperity readers successfully transition to more resilient destinations or even build their own self-sufficient homesteads.

Specifically, we’re seeing a hunger for guidance on the key factors to assess when asking:

How resilient is my current location?
Should I relocate?
If so, where to? And what criteria should I prioritize in making my decision?

Should You Relocate To A More Resilient Area?

by Adam Taggart

Likely a symptom of growing social unease, we’re seeing a surge in interest amongst our readership in relocation.

Many are folks living in urban and suburban areas worried that local resources and/or rule of law will not hold up well during a serious economic crisis, civil disorder or natural disaster.

Others have watched Peak Prosperity readers successfully transition to more resilient destinations or even build their own self-sufficient homesteads.

Specifically, we’re seeing a hunger for guidance on the key factors to assess when asking:

How resilient is my current location?
Should I relocate?
If so, where to? And what criteria should I prioritize in making my decision?

Off The Cuff: Descent Into Madness

PREVIEW

by Chris Martenson

In this week’s Off The Cuff podcast, Chris and James Howard Kunstler discuss: America’s death-match style of politics Corruption is everywhere these days Society is dangerously close to violence as faith is lost The shrinking Overton window Strap in for an hour of angst. Acerbic commentator James Howard Kunstler addresses a litany of deficiencies in…

Off The Cuff: Descent Into Madness

PREVIEW by Chris Martenson

Grant Williams: A Reset Of The System Is Inevitable

by Chris Martenson

While at the New Orleans Investment Conference this past weekend, Chris and I had the great pleasure of sitting down with Grant Williams, publisher of the economic blog Things That Make You Go Hmmm and principal of Real Vision TV.

There will be no smooth transition back to sustained economic growth, he warns

Instead, the distortion of today’s excessive asset prices will require a systemic reset to fix. Either by a deflationary event that destroys the malinvestment, or by an inflationary event that destroys the currency.

Grant Williams: A Reset Of The System Is Inevitable

by Chris Martenson

There will be no smooth transition back to sustained economic growth, he warns

A Tower of Debt Begins to Lean

PREVIEW

by Chris Martenson

Executive Summary

The debt bomb waiting to explode is truly staggering in size
Key warning signals we’re approaching a late cycle market crash
The Fed’s aggressive actions belie its fear that the system is extremely sick
How to use the time left to be on the right side of the coming wealth transfer

If you have not yet read Part 1: The End of Money , available free to all readers, please click here to read it first.

The Fed is now flat-out lying to us.

Jerome Powell insists that the Fed is not printing more money, is not engaging in QE, and is not directly intervening to make stocks go higher in price. But none of this is true.

In addition, the Fed has reversed course and is steadily cutting rates. This even as the employment and wage data (if you believe them) have been strong of late.

So what gives? What could be causing this?

Hundreds of billions of dollars, printed and injected at a faster pace than in the depths of the Great Financial Crisis is not exactly a comforting sign.

I am quite certain that something very big is very broken in the background.

Deutsche Bank might be failing. That’s a distinct possibility here. Or it could be massive funding flow reversals from… (Enroll now to continue reading)

ENROLL NOW TO ACCESS PART 2 IN FULL

A Tower of Debt Begins to Lean

PREVIEW by Chris Martenson

Executive Summary

The debt bomb waiting to explode is truly staggering in size
Key warning signals we’re approaching a late cycle market crash
The Fed’s aggressive actions belie its fear that the system is extremely sick
How to use the time left to be on the right side of the coming wealth transfer

If you have not yet read Part 1: The End of Money , available free to all readers, please click here to read it first.

The Fed is now flat-out lying to us.

Jerome Powell insists that the Fed is not printing more money, is not engaging in QE, and is not directly intervening to make stocks go higher in price. But none of this is true.

In addition, the Fed has reversed course and is steadily cutting rates. This even as the employment and wage data (if you believe them) have been strong of late.

So what gives? What could be causing this?

Hundreds of billions of dollars, printed and injected at a faster pace than in the depths of the Great Financial Crisis is not exactly a comforting sign.

I am quite certain that something very big is very broken in the background.

Deutsche Bank might be failing. That’s a distinct possibility here. Or it could be massive funding flow reversals from… (Enroll now to continue reading)

ENROLL NOW TO ACCESS PART 2 IN FULL

The End Of Money

by Chris Martenson

Today we live in a bifurcated economy: it is boom times for some and bust times for others.

Your personal situation depends largely on how close you fall on the socioeconomic spectrum to the protected elite class, towards which the central banks are directing their money-printing firehoses.

Why should we care about this bifurcation? History.

The End Of Money

by Chris Martenson

Today we live in a bifurcated economy: it is boom times for some and bust times for others.

Your personal situation depends largely on how close you fall on the socioeconomic spectrum to the protected elite class, towards which the central banks are directing their money-printing firehoses.

Why should we care about this bifurcation? History.

Essential Bug-Out Resources

by Adam Taggart

In my post yesterday Survival Learnings From A California Fire Evacuee, I promised to share the specific resources that have proved especially valuable during my family’s emergency evacuation due to the Kincade fire.

So I’d better get to it…