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Podcast

by Adam Taggart

Remember the mass layoffs of 2008-2009? The US economy shed millions of jobs quickly and relentlessly, as companies died and the rest fought for survival.

Then the Fed and the US government flooded the banks and the corporate sector with bailouts and handouts. With that crap-ton of liquidity sloshing around, as well as taking on massive amounts of new cheap debt, companies were able to finance their working capital needs, hire workers back, and even buy-back their shares en mass to make themselves look deceptively profitable. The nightmare of 2008 soon became a golden era of recovery.

Well, 2016 is showing us that that era is over. And as stock prices cease to rise, and in fact fall within many industries, layoffs are beginning to make a return as companies jettison costs in attempt to reduce losses.

Mass Layoffs To Return With A Vengeance
by Adam Taggart

Remember the mass layoffs of 2008-2009? The US economy shed millions of jobs quickly and relentlessly, as companies died and the rest fought for survival.

Then the Fed and the US government flooded the banks and the corporate sector with bailouts and handouts. With that crap-ton of liquidity sloshing around, as well as taking on massive amounts of new cheap debt, companies were able to finance their working capital needs, hire workers back, and even buy-back their shares en mass to make themselves look deceptively profitable. The nightmare of 2008 soon became a golden era of recovery.

Well, 2016 is showing us that that era is over. And as stock prices cease to rise, and in fact fall within many industries, layoffs are beginning to make a return as companies jettison costs in attempt to reduce losses.

by Chris Martenson

Continuing our focus on solutions, this week we're joined on the podcast by Jack Spirko. His daily podcast focuses on practical, actionable steps each of us can take to "live a better life, if times get tough or even if they don't" — a mission nicely aligned with the one we pursue here at Peak Prosperity.

In this wide-ranging discussion, Jack and Chris discuss the need for spreading awareness of the Three Es, the professional challenges in doing so, and how individuals can go about pursuing both security and prosperity in the face of the likely disruptive changes to come.

Jack Spirko: The Road To Resilience
by Chris Martenson

Continuing our focus on solutions, this week we're joined on the podcast by Jack Spirko. His daily podcast focuses on practical, actionable steps each of us can take to "live a better life, if times get tough or even if they don't" — a mission nicely aligned with the one we pursue here at Peak Prosperity.

In this wide-ranging discussion, Jack and Chris discuss the need for spreading awareness of the Three Es, the professional challenges in doing so, and how individuals can go about pursuing both security and prosperity in the face of the likely disruptive changes to come.

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