Economy
The housing market is starting to look quite ill, as we’ve been tracking here at PeakProsperity.com.
After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose over from their new bubble-highs.
Has the Housing Bust 2.0 begun? If so, how bad could things get? And what steps should those looking to pick up values at much lower prices in the future be taking?
This week we talk with citizen journalist Ben Jones, property manager and publisher of TheHousingBubbleBlog — where he tracks the latest headlines and developments in the housing market.
Ben Jones: The Housing Bubble Is Popping Right Now
by Chris MartensonThe housing market is starting to look quite ill, as we’ve been tracking here at PeakProsperity.com.
After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose over from their new bubble-highs.
Has the Housing Bust 2.0 begun? If so, how bad could things get? And what steps should those looking to pick up values at much lower prices in the future be taking?
This week we talk with citizen journalist Ben Jones, property manager and publisher of TheHousingBubbleBlog — where he tracks the latest headlines and developments in the housing market.
As we claim often here at PeakProsperity.com: Energy is everything.
Will our global society be able to transtiton off of its extreme dependence on fossil fuels? And if so, can we do so without too much pain?
Scott Tinker is the Director of the Bureau of Economic Geology at the University of Texas at Austin, and founder of the non-profit Switch Energy Alliance, which is dedicated to helping humanity address these key questions.
Tinker remains confident a much better future energy-wise is possible; but will require a tremendous shift in behavoir, investment and technological innovation.
In his eyes, society can make the transition. But will it? That’s a lot less certain…
Scott Tinker: Can The World Energy Supply Become Fully Sustainable?
by Chris MartensonAs we claim often here at PeakProsperity.com: Energy is everything.
Will our global society be able to transtiton off of its extreme dependence on fossil fuels? And if so, can we do so without too much pain?
Scott Tinker is the Director of the Bureau of Economic Geology at the University of Texas at Austin, and founder of the non-profit Switch Energy Alliance, which is dedicated to helping humanity address these key questions.
Tinker remains confident a much better future energy-wise is possible; but will require a tremendous shift in behavoir, investment and technological innovation.
In his eyes, society can make the transition. But will it? That’s a lot less certain…
Mike Maloney, monetary historian and founder of GoldSilver.com, has just released two new chapters of his excellent Hidden Secrets Of Money video series.
In producing the series, Maloney has reviewed several thousand years of monetary history and has observed that government intervention and mismanagement — such as is now rampant across the world — has always resulted in the diminishment and eventual failure of currency systems.
As for the world’s current fiat currency regimes, Mike sees a reckoning approaching. One that will be preceded by massive losses rippling across nearly all asset classes, destroying the phantom wealth created during the latest central bank-induced Everything Bubble, and grinding the global economy to a halt.
Mike Maloney: “One Hell Of A Crisis”
by Chris MartensonMike Maloney, monetary historian and founder of GoldSilver.com, has just released two new chapters of his excellent Hidden Secrets Of Money video series.
In producing the series, Maloney has reviewed several thousand years of monetary history and has observed that government intervention and mismanagement — such as is now rampant across the world — has always resulted in the diminishment and eventual failure of currency systems.
As for the world’s current fiat currency regimes, Mike sees a reckoning approaching. One that will be preceded by massive losses rippling across nearly all asset classes, destroying the phantom wealth created during the latest central bank-induced Everything Bubble, and grinding the global economy to a halt.
The concept of ‘retirement’, of enjoying decades of work-free leisure in your golden years, is a relatively new construct. It’s only been around for a few generations.
In fact, the current version of the relaxed, golfing/RV-touring/country club retirement lifestyle only came into being in the post-WW2 boom era — as Social Security, corporate & government pensions, cheap and plentiful energy, and extended lifespans made it possible for the masses.
But increasingly, it looks like the dream of retiring is fast falling out of reach for many of today’s Baby Boomers. Most will outlive their savings (if they have any at all).
Will you?
Will Your Retirement Efforts Achieve Escape Velocity?
PREVIEW by Adam TaggartThe concept of ‘retirement’, of enjoying decades of work-free leisure in your golden years, is a relatively new construct. It’s only been around for a few generations.
In fact, the current version of the relaxed, golfing/RV-touring/country club retirement lifestyle only came into being in the post-WW2 boom era — as Social Security, corporate & government pensions, cheap and plentiful energy, and extended lifespans made it possible for the masses.
But increasingly, it looks like the dream of retiring is fast falling out of reach for many of today’s Baby Boomers. Most will outlive their savings (if they have any at all).
Will you?
In past eras of human civilization, the wisdom of respected "elders" guided much of the decison-making in society.
But today, when youth is revered and age is equated with obsolesence and irrelevance, that role and its sage counsel have been lost.
It's not that we as a culture don't have desperate need for such wisdom. We do. Perhaps more than ever given the intractable and unsustainable issues we face — an over-indebted world economy, resource depletion, species loss, eroding civil liberties, etc.
In this week's podcast, Stephen Jenkinson, author of the new book, Come of Age: The Case for Elderhood in a Time of Trouble, returns to explain how the role of elder might be re-instated. It won't be easy, but it may just be one of the essential ingredients we need to make it through the challenge times ahead.
Stephen Jenkinson: Elderhood In A Time Of Trouble
by Chris MartensonIn past eras of human civilization, the wisdom of respected "elders" guided much of the decison-making in society.
But today, when youth is revered and age is equated with obsolesence and irrelevance, that role and its sage counsel have been lost.
It's not that we as a culture don't have desperate need for such wisdom. We do. Perhaps more than ever given the intractable and unsustainable issues we face — an over-indebted world economy, resource depletion, species loss, eroding civil liberties, etc.
In this week's podcast, Stephen Jenkinson, author of the new book, Come of Age: The Case for Elderhood in a Time of Trouble, returns to explain how the role of elder might be re-instated. It won't be easy, but it may just be one of the essential ingredients we need to make it through the challenge times ahead.
Lance Roberts sees trouble ahead.
As chief investment strategist of Clarity Financial and chief editor of Real Investment Advice, Lance issues commentary weekly on the financial markets. He sees a major market correction/crash dead ahead, likely in early 2019 as the US economy offically slides back into recession — though he's open to it happening sooner than that.
Based on the huge debt/decifit excess that have built up in the economy, paired with the tremendous overvaluations in asset prices seen in today's markets, Lance expects economic growth to remain anemic (at best) for the coming decade:
Lance Roberts: The Markets Are Now Waving A Huge Red Flag
by Chris MartensonLance Roberts sees trouble ahead.
As chief investment strategist of Clarity Financial and chief editor of Real Investment Advice, Lance issues commentary weekly on the financial markets. He sees a major market correction/crash dead ahead, likely in early 2019 as the US economy offically slides back into recession — though he's open to it happening sooner than that.
Based on the huge debt/decifit excess that have built up in the economy, paired with the tremendous overvaluations in asset prices seen in today's markets, Lance expects economic growth to remain anemic (at best) for the coming decade: