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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.

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.

by Chris Martenson

Executive Summary

  • The 8 defensive actions I've taken in the past 6 weeks
  • The 2 lists you should have prepared in case things unravel from here
  • How to hedge against a market correction
  • In terms of preparations, it's much better to be a month or two early than a day late

If you have not yet read Part 1: Making Sense Of The Sudden Market Plunge available free to all readers, please click here to read it first.

Nothing forces us to know
What we do not want to know
Except pain.

~  Aeschylus

My personal standard of issuing an Alert is that I have to come across a piece of information that causes me to personally take some sort of action.  While I don’t have any particular piece of news – rather I have the assortment of data points listed in Part 1 of this report plus some that did not make it in – I am finding myself increasing my personal preparations. 

I am being extra cautious these days, weary of sending out yet another report to ‘be cautious, and prepared’ only to have the “”markets”” rocket back up  a few days later for no reason and on no news.

Further, I take no joy in…

Prepare Now!
PREVIEW by Chris Martenson

Executive Summary

  • The 8 defensive actions I've taken in the past 6 weeks
  • The 2 lists you should have prepared in case things unravel from here
  • How to hedge against a market correction
  • In terms of preparations, it's much better to be a month or two early than a day late

If you have not yet read Part 1: Making Sense Of The Sudden Market Plunge available free to all readers, please click here to read it first.

Nothing forces us to know
What we do not want to know
Except pain.

~  Aeschylus

My personal standard of issuing an Alert is that I have to come across a piece of information that causes me to personally take some sort of action.  While I don’t have any particular piece of news – rather I have the assortment of data points listed in Part 1 of this report plus some that did not make it in – I am finding myself increasing my personal preparations. 

I am being extra cautious these days, weary of sending out yet another report to ‘be cautious, and prepared’ only to have the “”markets”” rocket back up  a few days later for no reason and on no news.

Further, I take no joy in…

by Chris Martenson

Executive Summary

  • The inequality of the current system is becoming more and more visible, despite efforts to conceal it
  • History shows that control will break as those running the system are forced to compete more directly for a shrinking pie
  • The 3 essential indicators of instability to watch
  • The high price of a collapse of the status quo (and why developing resilience now is your best investment)

If you have not yet read Part I: Bankers Own the World, available free to all readers, please click here to read it first.

More Equal than Others

Like the pigs in Orwell's Animal Farm, those running the current system are quick to convince us they are doing it out of service, not self-interest (many remember the testimony of Goldman Sachs head Lloyd Blankfein that he sees the bank's efforts as "doing God's work"). The media (most of which is owned by the top 147 companies discussed in Part I) reinforces the perception that the status quo is all that stands between us and economic ruin. 

Of course, there's a much darker side to the story. It requires some digging by the curious mind, but the data is there to be found. As previous mentioned, such a parasitical system inevitably concentrates wealth over time into the hands of fewer and fewer of the most privileged and most powerful. Here's an excellent visualization of how that has already happened in the U.S.:

Note that the actual degree of wealth inequality is much worse than Americans perceive it to be. That's not surprising given the absence of light shined on this in the mass media…

The Indicators of Instability to Watch For
PREVIEW by Chris Martenson

Executive Summary

  • The inequality of the current system is becoming more and more visible, despite efforts to conceal it
  • History shows that control will break as those running the system are forced to compete more directly for a shrinking pie
  • The 3 essential indicators of instability to watch
  • The high price of a collapse of the status quo (and why developing resilience now is your best investment)

If you have not yet read Part I: Bankers Own the World, available free to all readers, please click here to read it first.

More Equal than Others

Like the pigs in Orwell's Animal Farm, those running the current system are quick to convince us they are doing it out of service, not self-interest (many remember the testimony of Goldman Sachs head Lloyd Blankfein that he sees the bank's efforts as "doing God's work"). The media (most of which is owned by the top 147 companies discussed in Part I) reinforces the perception that the status quo is all that stands between us and economic ruin. 

Of course, there's a much darker side to the story. It requires some digging by the curious mind, but the data is there to be found. As previous mentioned, such a parasitical system inevitably concentrates wealth over time into the hands of fewer and fewer of the most privileged and most powerful. Here's an excellent visualization of how that has already happened in the U.S.:

Note that the actual degree of wealth inequality is much worse than Americans perceive it to be. That's not surprising given the absence of light shined on this in the mass media…

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