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Podcast

by Chris Martenson

Executive Summary

  • Adapting our behavior is a must at this point. We really don't have the option not to.
  • The number of claims on real wealth is increasing. How much of the "real wealth" do you own?
  • Our economy is now truly a confidence-based system. What will be the fallout when that confidence falters?
  • What are the key knowns & unknowns we need to be addressing now?

If you have not yet read Part I: In a Bad Spot, available free to all readers, please click here to read it first.

What is completely unknown at this point is what will happen to our very complex and interwoven financial system when it finally comes to grips with the idea that old-style growth is never coming back.  One worrisome idea is that it will experience something akin to cardiac arrest and simply break down one day. 

Maybe this will happen, maybe not.  I will note that the degree to which the central banks have set themselves up as the ultimate saviors of the system has both an upside and a downside, and it is the downside that worries me the most at this point.

While all the trillions of dollars of intervention have stabilized the system, which I consider to be a good thing, the downside is that the central banks have placed themselves in a position where they had better succeed.  If not?  Then we discover just how important confidence is to a monetary system built, owned, and operated on trust.  My guess is "very."

If We’re Ever Going to Take Control of Our Destiny, the Time is Now
PREVIEW by Chris Martenson

Executive Summary

  • Adapting our behavior is a must at this point. We really don't have the option not to.
  • The number of claims on real wealth is increasing. How much of the "real wealth" do you own?
  • Our economy is now truly a confidence-based system. What will be the fallout when that confidence falters?
  • What are the key knowns & unknowns we need to be addressing now?

If you have not yet read Part I: In a Bad Spot, available free to all readers, please click here to read it first.

What is completely unknown at this point is what will happen to our very complex and interwoven financial system when it finally comes to grips with the idea that old-style growth is never coming back.  One worrisome idea is that it will experience something akin to cardiac arrest and simply break down one day. 

Maybe this will happen, maybe not.  I will note that the degree to which the central banks have set themselves up as the ultimate saviors of the system has both an upside and a downside, and it is the downside that worries me the most at this point.

While all the trillions of dollars of intervention have stabilized the system, which I consider to be a good thing, the downside is that the central banks have placed themselves in a position where they had better succeed.  If not?  Then we discover just how important confidence is to a monetary system built, owned, and operated on trust.  My guess is "very."

by JW

I recently discovered AmazonSupply.com while looking for parts for my grain mill/exercise bike connection project (pedal-powered grain mill) and I thought it would be good to share the resource.  They have almost anything you can imagine for tools, parts, and supplies (for me it was sprockets).  Great for small business looking to order everyday office products or for parts for DIY home projects. They also have a 365-day return period. 

From the Amazon Supply Website:

AmazonSupply.com is dedicated to serving the needs of a wide range of business customers and consumers. From lab researchers to robot builders to machinists and fabricators to product developers and engineering students, AmazonSupply.com has over 500,000 products to fit their specific needs.

Products sold on AmazonSupply.com include lab and scientific supplies, metalworking tools, measurement and inspection tools, raw materials, fasteners, tubing, power transmission products, janitorial supplies, and occupational health and safety products.

Brands sold on AmazonSupply.com include 3M, Go-Jo, Hanna Instruments, Kimberly-Clark, Kimble, Mitutoyo, Norton, PanaVise, Parker, Sandvik-Coromant, Starrett, WD-40, Wheaton and hundreds more.

Visit Amazon Supply

Introducing Amazon Supply
by JW

I recently discovered AmazonSupply.com while looking for parts for my grain mill/exercise bike connection project (pedal-powered grain mill) and I thought it would be good to share the resource.  They have almost anything you can imagine for tools, parts, and supplies (for me it was sprockets).  Great for small business looking to order everyday office products or for parts for DIY home projects. They also have a 365-day return period. 

From the Amazon Supply Website:

AmazonSupply.com is dedicated to serving the needs of a wide range of business customers and consumers. From lab researchers to robot builders to machinists and fabricators to product developers and engineering students, AmazonSupply.com has over 500,000 products to fit their specific needs.

Products sold on AmazonSupply.com include lab and scientific supplies, metalworking tools, measurement and inspection tools, raw materials, fasteners, tubing, power transmission products, janitorial supplies, and occupational health and safety products.

Brands sold on AmazonSupply.com include 3M, Go-Jo, Hanna Instruments, Kimberly-Clark, Kimble, Mitutoyo, Norton, PanaVise, Parker, Sandvik-Coromant, Starrett, WD-40, Wheaton and hundreds more.

Visit Amazon Supply

by Chris Martenson

In this latest installment of Ask the Advisor, Chris and Bob Fitzwilson focus on how to approach creating an investment portfolio with the tenets of the Crash Course in mind.

Bob explains how he believes a prudent process starts with securing the essentials for resiliency; in other words, investing in the resources that will sustain yourself and your family regardless of how the financial markets perform. These are things like your local food supply, your homestead, your health, etc. Only after you've created a plan for procuring those should you then focus on what do with any funds left over.

Then the focus should be on your desired lifestyle. Ask yourself: How much do I need to meet my base-case needs and wishes for my family?

Ask the Adviser: Creating a Sustainable Portfolio
by Chris Martenson

In this latest installment of Ask the Advisor, Chris and Bob Fitzwilson focus on how to approach creating an investment portfolio with the tenets of the Crash Course in mind.

Bob explains how he believes a prudent process starts with securing the essentials for resiliency; in other words, investing in the resources that will sustain yourself and your family regardless of how the financial markets perform. These are things like your local food supply, your homestead, your health, etc. Only after you've created a plan for procuring those should you then focus on what do with any funds left over.

Then the focus should be on your desired lifestyle. Ask yourself: How much do I need to meet my base-case needs and wishes for my family?

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