Daily Digest 1/4 – Revenge of the Gammons, What War With Iran Could Look Like

Economy What war with Iran could look like (edelinski) So far, a full-scale conflict between the U.S. and its allies and Iran and its proxies remains in the realm of wargaming at the moment. But with tensions rising between the U.S. and Iran, and as the U.S. moves more troops […]

2020 Begins With A Bang (Literally)

It sure didn’t take long for 2020 to get interesting. Iran The biggest development of the new year happened yesterday when the US military assassinated Qassem Soleimani, Iran’s most powerful figure after its Supreme Leader, in a surgical drone strike. This is an extremely serious action; one that Iran is […]

Daily Digest 1/3 – Good News Friday: 5 Financial New Year’s Resolutions, Year’s Best Science Photos

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to dd@peakprosperity.com with subject header “Good News Friday.” We will save and post weekly. Enjoy! Economy January will feature one of best astronomy shows […]

World War III

Note:  Just like Fukushima, this is a fast-breaking development.  This is a very quick piece of writing to mark a place-holder for the conversation.  I’ll be updating this constantly and reacting as the news unfolds.  There we were, just two days into the new decade of the 2020’s and the […]

Daily Digest 1/2 – A Plateful Of Plastic, Major Discoveries That Could Transform the World

Economy PHOTOS: Iraqi Shiites break into U.S. Embassy in Baghdad (Thomas R.) Iraq has long struggled to balance its ties with the U.S. and Iran, both allies of the Iraqi government. But the government’s angry reaction to the U.S. airstrikes and its apparent decision not to prevent the protesters from […]

Understanding The Keys To Power

The past decade was undoubtedly shaped by the policy adopted by the global central banking cartel to flood the world with massive amounts of liquidity (over $15 trillion) to “rescue” markets following the Great Financial Crisis. It’s becoming increasingly clear who benefitted most from this: the ultra-rich As $trillions flowed […]

Daily Digest 1/1 – The 2010s Economy In Charts, U.S. Had Slowest Growth Rate In A Century

Economy How a routine doctor visit for a sore throat resulted in a $28,000 medical bill (Saxplayer00o1) Her doctor gave her a step throat culture. “She sent in a nurse, and they did blood work. That was it. She gave me a prescription for antibiotics. I left,” Kasdan said. The […]

Daily Digest 12/31 – The Decade of Debt, How To Survive The Oncoming Retirement Crisis

  Economy Hedge funds to record more closures than launches for fifth straight year (Adam) Billionaires Louis Bacon and Jeffrey Vinik were among veterans who rocked the more than US$3 trillion industry this year by handing back capital to clients. Many found themselves out of step with the longest running […]

Daily Digest 12/30 – Average Family Can’t Afford A Home In 71% Of U.S., How To Live Longer

Economy Tech Stocks Poised for Best Performance in a Decade (Adam) It was supposed to be the year that the U.S. lost faith in Silicon Valley. Big names in tech were plagued with bad headlines in 2019, from antitrust probes to mounting scrutiny over data privacy to technology executives facing […]

Gold Price Ready To Explode

The open interest in gold is currently at an off-the-charts, record-breaking moment. You should be aware of that fact. For those of you thinking of adding to your gold stack, this bears watching closely. If things begin to break upwards, you’ll want to… (Enroll now to continue reading) ENROLL NOW […]

Daily Digest 12/28 – Terrorists Using Crypto To Pay For Attacks, How Oil Companies Avoided Environmental Accountability

Economy Inequality Is Up a Lot. The Question Is: How Much? (tmn) Much of the debate has been driven by the work of three French economists — Thomas Piketty, Emmanuel Saez and Gabriel Zucman. The trio has put out a huge amount of impressive work, digging into historical archives and […]

The Coming Decade Will See The End Of Today’s ‘Magnificent Folly’

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 […]

Good Riddance To The ‘Twenty-Teens’

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. I badly underestimated the system’s ability to perpetuate obvious frauds and swindles without causing a social rebellion. And worse, […]

Daily Digest 12/27 – Good News Friday: The World’s Best Places to Retire, Christmas Day Around The World

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to dd@peakprosperity.com with subject header “Good News Friday.” We will save and post weekly. Enjoy! Economy The World’s Best Places to Retire on $200K […]

David Collum: Pandemonium

The only thing nearly as enlightening as reading David Collum’s epic Year In Review is listening to him and Chris Martenson riff about its highlights. Strap in, grab some eggnog, and listen to this year’s recap: We are so close to a financial crisis now that we may be way, […]

Daily Digest 12/26 – How Retirement Legislation Could Fall Short, Why Aren’t Brazilians Protesting?

  Economy Global stock markets gained $17 trillion in value in 2019 (Thomas R.) In Europe, the resounding victory for Boris Johnson’s Conservatives is expected to give him the power to negotiate the country’s exit from the European Union. The large climb for world markets has been largely dominated by […]

Daily Digest 12/25 – Farewell to Paper Money, Why Student Loan Debt Is Ballooning For Seniors

Economy Why student loan debt is ballooning for those 50 and up (Saxplayer00o1) Aggregate student loan balances of borrowers ages 50 and older increased 512%, adjusted for inflation, in 14 years, according to the AARP’s “The Student Loan Debt Threat” report. Borrowers in that group owed $289.5 billion in 2018. […]

Daily Digest 12/24 – Boeing Fires Embattled CEO, Where To Donate To Fight Climate Change

Economy Boeing fires embattled CEO Dennis Muilenburg (TS) The unmanned spacecraft was forced to abort the mission after an “automation” error resulted in the Starliner not reaching its correct orbit, according to NASA officials, who said the spacecraft believed the time was “different than it actually was.” The Starliner was […]

Daily Digest 12/23 – A Father’s Nightmare on the Border, Can You Own a Private Jet If You Care About Climate Change?

Economy Saudi sentences five to death, three to jail over Khashoggi killing (TS) The killing caused a global uproar, tarnishing the crown prince’s image. The CIA and some Western governments have said they believe Prince Mohammed ordered the killing, but Saudi officials say he had no role. Eleven Saudi suspects […]

Daily Digest 12/21 – Massive Debt Wave Could Crash On Developing Countries, The Real Class War

Economy Alienated, Alone And Angry: What The Digital Revolution Really Did To Us (Adam) Such arguments, that a rational tech vanguard would spark an emancipatory cycle of national participation, were common at the time. (Though they were not unchallenged.) Katz’s is notable for its relative restraint. “The Long Boom,” an […]