page-loading-spinner

Risk

Image | The Deadliest Jobs in America
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

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

Image | Off the Cuff: Awaking with a Whopper Hangover
Off the Cuff: Awaking with a Whopper Hangover
 by Adam Taggart

In this week's Off the Cuff with Mish & Chris podcast, Mish and Chris discuss:

  • Post-Election Plunge
    • Why are the markets selling off so hard?
  • The Return of the EuroCrisis
    • It worsened while we ignored it.
  • The Fiscal Cliff
    • Will we drive off it? And at what speed?
  • Gold's Resurgence
    • Showing strength as investors demand safety

America awoke on Wednesday with the Presidential election finally over and talk from the re-elected incumbent of moving 'forward' again.
Off the Cuff: Awaking with a Whopper Hangover
 by Adam Taggart

In this week's Off the Cuff with Mish & Chris podcast, Mish and Chris discuss:

  • Post-Election Plunge
    • Why are the markets selling off so hard?
  • The Return of the EuroCrisis
    • It worsened while we ignored it.
  • The Fiscal Cliff
    • Will we drive off it? And at what speed?
  • Gold's Resurgence
    • Showing strength as investors demand safety

America awoke on Wednesday with the Presidential election finally over and talk from the re-elected incumbent of moving 'forward' again.
Image | Anticipating the Devolution of Big Government
Anticipating the Devolution of Big Government
 by charleshughsmith

With the US elections approaching next week, as well as the threat of another fiscal cliff showdown looming, we asked contributing editor Charles Hugh Smith to revisit his eariler work on how the expansive Central State has come to dominate both private society (i.e., the community) and the marketplace, to the detriment of the nation’s social and economic stability.

Anticipating the Devolution of Big Government
 by charleshughsmith

With the US elections approaching next week, as well as the threat of another fiscal cliff showdown looming, we asked contributing editor Charles Hugh Smith to revisit his eariler work on how the expansive Central State has come to dominate both private society (i.e., the community) and the marketplace, to the detriment of the nation’s social and economic stability.

Image | Janet Tavakoli: Understanding Derivatives and Their Risks
Janet Tavakoli: Understanding Derivatives and Their Risks
 by Adam Taggart

 

Global financial markets are awash in hundreds of trillions of dollars worth of derivatives. By some estimates, the total amount exceeds one quadrillion.

Derivatives played a central role in the 2008 credit crisis, as they had a brutal multiplying effect on the magnitude of the carnage. As a bad asset was written down, oftentimes there were derivative contracts written against it that resulted in total losses 10x greater than the initial write-down.

But what exactly are derivatives? How do they work?

And have we learned to treat these "weapons of mass financial destruction" (as Warren Buffet colorfully coined them) any more carefully in the aftermath of the global financial crisis?
Janet Tavakoli: Understanding Derivatives and Their Risks
 by Adam Taggart

 

Global financial markets are awash in hundreds of trillions of dollars worth of derivatives. By some estimates, the total amount exceeds one quadrillion.

Derivatives played a central role in the 2008 credit crisis, as they had a brutal multiplying effect on the magnitude of the carnage. As a bad asset was written down, oftentimes there were derivative contracts written against it that resulted in total losses 10x greater than the initial write-down.

But what exactly are derivatives? How do they work?

And have we learned to treat these "weapons of mass financial destruction" (as Warren Buffet colorfully coined them) any more carefully in the aftermath of the global financial crisis?
Image | Keith Fitz-Gerald: The Perils of Underestimating Complexity & Mispricing Risk
Keith Fitz-Gerald: The Perils of Underestimating Complexity & Mispricing Risk
 by Adam Taggart

"If you’re rich you get a bailout. If you’re poor you get a handout. And if you’re middle class you get left out. " That's not a sustainable way to run the system, exclaims investment strategist Keith Fitz-Gerald.

A cancer at the core of our current economy is the magical thinking, "no pain, all gain" philosophy, pursued by those running it. They are doing all they can to remove the consequences of failure from the system — not realizing that failure plays an essential 'waste-clearing' function of a healthy free market.

Without the discipline of Darwinism, the individual actors in the system make all sorts of malinvestments that would never make sense in an efficient marketplace. But since the losses from these inane pursuits are socialized, there's no incentive to stop making them. At least, up until the point where the class who's back is burdened with paying for the socialized messes finally breaks.
Keith Fitz-Gerald: The Perils of Underestimating Complexity & Mispricing Risk
 by Adam Taggart

"If you’re rich you get a bailout. If you’re poor you get a handout. And if you’re middle class you get left out. " That's not a sustainable way to run the system, exclaims investment strategist Keith Fitz-Gerald.

A cancer at the core of our current economy is the magical thinking, "no pain, all gain" philosophy, pursued by those running it. They are doing all they can to remove the consequences of failure from the system — not realizing that failure plays an essential 'waste-clearing' function of a healthy free market.

Without the discipline of Darwinism, the individual actors in the system make all sorts of malinvestments that would never make sense in an efficient marketplace. But since the losses from these inane pursuits are socialized, there's no incentive to stop making them. At least, up until the point where the class who's back is burdened with paying for the socialized messes finally breaks.
Image | Ask the Adviser: Bob Fitzwilson
Ask the Adviser: Bob Fitzwilson
 by Adam Taggart

This week, we’re trying something new in our regular podcast series. Chris talks with Bob Fitzwilson, founder of one of the financial advisory firms that we endorse.

Last week we invited Peak Prosperity readers to submit their top questions about money and investing. You didn’t disappoint.

In the podcast below, Chris puts your questions to Bob. We think you’ll be pleased with the results.
Ask the Adviser: Bob Fitzwilson
 by Adam Taggart

This week, we’re trying something new in our regular podcast series. Chris talks with Bob Fitzwilson, founder of one of the financial advisory firms that we endorse.

Last week we invited Peak Prosperity readers to submit their top questions about money and investing. You didn’t disappoint.

In the podcast below, Chris puts your questions to Bob. We think you’ll be pleased with the results.
Total 26 items

Community

Top Conversation

 MSR December 4th, 2023: Unsafe & Ineffective : The New Zealand Vaccine Data Dump
Audio for Unsafe & Ineffective The big news from last week on the Covid vaccine front was the (alleged) release of a dataset from New Zealand by a whistleblower. I stood back for a while because I needed to be sure that we weren’t being played and for some greater resolution to appear from the internet brain trust. I...
Image | cmartensonby cmartenson
553 81
View the conversation

Top Comment
caffeinatedengineerby caffeinatedengineer
31
View the comment
AlertsUSA

AlertsUSA

Learn more
The Grow Network

The Grow Network

Learn more