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Let’s Stop Fooling Ourselves: Americans Can’t Afford the Future

The truth is: The three adult generations in the U.S. are suffering, and their burdens are likely to increase with time. Each is experiencing a squeeze that is making it harder to create value, save capital, and pursue happiness than at any point since WWII. At that point, we were a creditor nation with an economy exploding into dominance on the world stage. Now, however, the U.S. is the largest debtor nation and our economic hegemony is increasingly at seige across a number of fronts.

A continuation of the status quo is a decision to sleepwalk face-first into the constraints hurtling towards us.

Instead, shouldn't we stop fooling ourselves and ask: What should we be doing differently?

Let’s Stop Fooling Ourselves: Americans Can’t Afford the Future

by Chris Martenson

A continuation of the status quo is a decision to sleepwalk face-first into the constraints hurtling towards us.

Instead, shouldn't we stop fooling ourselves and ask: What should we be doing differently?

Time to Choose

by Adam Taggart

Whether you’re aware of it or not, a great battle is being waged around us.

It is a war of two opposing narratives: the future of our economy and our standard of living.

The dominant story, championed by flotillas of press releases and parading talking heads, tells an inspiring tale of recovery and return to growth.

The other side, less visible but with a full armament of high-caliber data, tells a very different story. One of growing instability, downside risk, and inequality.

As different as they are in substance, they both share one fundamental prediction – and this is why you should care: This battle is about to break. And when it does, one side will turn out to be much more ‘right’ than the other. The time for action has arrived. To position yourself in the direction of the break you think is most likely to happen.

It’s time to choose a side.

Time to Choose

by Adam Taggart

Whether you’re aware of it or not, a great battle is being waged around us.

It is a war of two opposing narratives: the future of our economy and our standard of living.

The dominant story, championed by flotillas of press releases and parading talking heads, tells an inspiring tale of recovery and return to growth.

The other side, less visible but with a full armament of high-caliber data, tells a very different story. One of growing instability, downside risk, and inequality.

It’s time to choose a side.

Running on Fumes

PREVIEW

by Chris Martenson

The stock market blasted higher, with the Dow crossing the 14,000 mark because the jobs report came in well under expectations. In today's world, one follows the other.

In yesterday's world, the one where logic and reason ruled the day, that first sentence would not have been written. Economic weakness would not have been rewarded with a big surge in stocks.

But this all makes perfect sense in today's world, once you tilt your view to the "new normal" and get with the program.

I titled this piece 'running on fumes' because, in one very real sense, that's exactly what this current market is doing. The fumes in this case happen to be thin-air money that the Fed is injecting into the financial markets to the tune of $85 billion per month, or roughly $4 billion per working day.

When an engine finally runs out of gas and turns to fumes, the last act of that engine is to run really hot – to race for a while – before finally quitting.

Running on Fumes

PREVIEW by Chris Martenson

The stock market blasted higher, with the Dow crossing the 14,000 mark because the jobs report came in well under expectations. In today's world, one follows the other.

In yesterday's world, the one where logic and reason ruled the day, that first sentence would not have been written. Economic weakness would not have been rewarded with a big surge in stocks.

But this all makes perfect sense in today's world, once you tilt your view to the "new normal" and get with the program.

When an engine finally runs out of gas and turns to fumes, the last act of that engine is to run really hot – to race for a while – before finally quitting.

The Deadliest Jobs in America

by JW

When thinking about switching jobs or making the leap to the agrarian life, it is important to consider the physical, life threatening risks that come with the job. An infographic for the work-related, on-the-job deaths in 2011 for U.S. workers.

http://www.npr.org/blogs/money/2013/01/08/168897140/the-deadliest-jobs-in-america-in-one-graphic