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Here’s Why I Took Cash Out of The Bank

You might be shocked to learn that “your” money in your bank account is not actually yours. When you place money in a checking, CD, or savings account at the bank, you are actually making an unsecured loan to the bank. This is equally true in the U.S. as it is Canada, Australia, and Europe….

Here’s Why I Took Cash Out of The Bank

by Chris Martenson

Banking on Social Unrest, Informed Consent LiveCast, May 19, Replay (Public)

by Ivor

This week, Chris digs into the latest news and connects the dots to give viewers a deeper understanding of the machinations of our leadership class and the policies they pursue. As always, he shows how governments, corporations, oligarchs and bureaucrats create more negative policies and push for more outcomes pointing us down a perilous road. Don’t…

Banking on Social Unrest, Informed Consent LiveCast, May 19, Replay (Public)

by Ivor

Off The Cuff: Our Runaway Debt Is Hurtling Towards The End Of The Line

PREVIEW

by Adam Taggart

In this week’s Off The Cuff podcast, Chris and John Rubino discuss:

Why runaway debt has taken us beyond the point of no return
Why this very predictably will end in a fiat currency crisis/collapse
Why to expect more civil unrest
In the short term, expect MMT, market volatility and accelerating inequity

The events we’ve been predicting for over a decade are now happening at an accelerating pace. That tremendous pile of global debt we’ve been warning of? It’s exploding higher. The US alone just added a full $1 trillion(!) in government debt in the month of May.

The world is so over-leveraged right now that interest rates can never be (willingly) allowed to rise again, else the entire economic system will crash. Once we accept that conclusion, the actions of the central banks and their implications become simple to predict. The sad reality is, as John explains below, is that they are trapped on a trajectory that will inevitably crash the system anyways…

Click here to listen to a sample of this Off the Cuff Podcast

Or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

Off The Cuff: Our Runaway Debt Is Hurtling Towards The End Of The Line

PREVIEW by Adam Taggart

In this week’s Off The Cuff podcast, Chris and John Rubino discuss:

Why runaway debt has taken us beyond the point of no return
Why this very predictably will end in a fiat currency crisis/collapse
Why to expect more civil unrest
In the short term, expect MMT, market volatility and accelerating inequity

Click here to listen to a sample of this Off the Cuff Podcast

Or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

How Will The Coronavirus Impact The Markets?

by Chris Martenson

In addition to presenting a major public health risk, the coronavirus is already doing serious economic damage. China, the world’s second-largest economy, is essentially “closed for business” right now.

The disruption to global trade the coronavirus is likely to cause is going to be material, perhaps severe. And that will have serious negative consequences for the financial markets, which have been (and is still!) trading at the highest valuations in history.

The coronavirus has all the hallmarks of a true Black Swan event.

How Will The Coronavirus Impact The Markets?

by Chris Martenson

The coronavirus has all the hallmarks of a true Black Swan event.

Off The Cuff: Pre-emptive Strike

PREVIEW

by Adam Taggart

In this week’s Off The Cuff podcast, Chris and John Rubino discuss:

Australia Is Burning
The impending shale oil bust
Central banking desperation
The PP May 2020 seminar

The evidence is now impossible to refute: the Economic, Energy & Environmental predicaments this site has been warning of for years are now hitting in force. Central banks are panicking, Australia is burning and the shale oil patch is becoming a graveyard for investor capital.

How desperate is it becoming?

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

Off The Cuff: Pre-emptive Strike

PREVIEW by Adam Taggart

In this week’s Off The Cuff podcast, Chris and John Rubino discuss:

Australia Is Burning
The impending shale oil bust
Central banking desperation
The PP May 2020 seminar

How desperate is it becoming?

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

WTF: What The Fed?!?

by Adam Taggart

Recently, Mike Maloney, Grant Williams, Charles Hugh Smith, Chris Martenson and Adam Taggart all convened to tackle the implications of the price distortions that central bank intervention has had on the financial markets.

Back in 2018, each one of us was ringing a bell warning of a massive asset price bubble. 2019, however, only saw prices further shoot the moon (S&P up 28%, Nasdaq up 35%). And ever since ‘Not-QE’ was announced by the US Fed on Oct 8th, the rate of increase has only become more manic.

Exactly WTF is going on?!?

WTF: What The Fed?!?

by Adam Taggart

Exactly WTF is going on?!?

Understanding The Keys To Power

by Adam Taggart

The harsh simple truth is that those who run the system manipulate it to their benefit.

This is true in both government and industry. Those in power do ‘whatever it takes’ to remain in power and enjoy the fruits of their advantage. Any sort of social ‘duty’ is secondary (at best), and will be sacrificed if necessary.

Understanding The Keys To Power

by Adam Taggart

The harsh simple truth is that those who run the system manipulate it to their benefit.

Hello Twenty Twenties!

PREVIEW

by Chris Martenson

Executive Summary

Why today’s ‘magnificent folly’ will unwind in the 2020s
The return of Peak Oil
Why the pace of change will accelerate faster from here
Why time is of the essence for those with the courage to act

If you have not yet read Part 1: Good Riddance To The ‘Twenty-Teens’, available free to all readers, please click here to read it first.

This next decade will be a banquet of consequences.

Our misdeeds and mistakes will all be coming home to roost.

I certainly hope you are taking steps to prepare yourself for them. I certainly am.

The subversion of our free and fair markets has resulted in the most radical, interventionist, large-scale social experiment ever run in the modern developed world.

The early returns, unless you’re a member of the 0.1%, are dismal across the board.

The 2020’s will see the unwinding of this magnificent folly. It’s collapse will be extremely painful for the vast majority of humanity.

You see, the extremely dangerous thing about credit bubbles is that they… (Enroll now to continue reading)

ENROLL NOW TO ACCESS PART 2 IN FULL

Hello Twenty Twenties!

PREVIEW by Chris Martenson

Executive Summary

Why today’s ‘magnificent folly’ will unwind in the 2020s
The return of Peak Oil
Why the pace of change will accelerate faster from here
Why time is of the essence for those with the courage to act

If you have not yet read Part 1: Good Riddance To The ‘Twenty-Teens’, available free to all readers, please click here to read it first.

This next decade will be a banquet of consequences.

Our misdeeds and mistakes will all be coming home to roost.

I certainly hope you are taking steps to prepare yourself for them. I certainly am.

The subversion of our free and fair markets has resulted in the most radical, interventionist, large-scale social experiment ever run in the modern developed world.

The early returns, unless you’re a member of the 0.1%, are dismal across the board.

The 2020’s will see the unwinding of this magnificent folly. It’s collapse will be extremely painful for the vast majority of humanity.

You see, the extremely dangerous thing about credit bubbles is that they… (Enroll now to continue reading)

ENROLL NOW TO ACCESS PART 2 IN FULL

Good Riddance To The ‘Twenty-Teens’

by Chris Martenson

This is my last report from the good old “twenty-teens”.

In some respects, they didn’t turn out at all like I thought they would. But in many others, exactly as predicted.

But, given today’s systemic distortions and deformations, predicting the events of the next ten years will be much easier than it was for the twenty-teens. Largely because there’s little room left down the road to kick the can further.