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Gail Tverberg: Why There's No Economically Sustainable Price For Oil Anymore

Chris Martenson - 2 hours 44 min ago

Actuary Gail Tverberg returns to provide an update on where we are in the global energy story. Her outlook is not rosy: she doesn't not see a path for society to transition to an affordable, plentiful substitute to petroleum as a transportation fuel. The physics as well as the funding do not pencil out, at least with today's known technologies.

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Categories: Economics

Daily Digest 10/23 - The Veins Of America, Go Outside To Rescue Democracy

Chris Martenson - 4 hours 13 min ago
  • To Rescue Democracy, Go Outside
  • Thousands of California soldiers forced to repay enlistment bonuses a decade after going to war
  • When The Safety Net Doesn't Catch You
  • Here comes the Royal Navy: World's most advanced destroyer HMS Duncan goes on the trail of Putin's ships ... as Russia says UK has overreacted to the fleet lurking off British coast
  • The Inversion Of Influence
  • How Kudzu, “The Vine that Ate the South,” Put Southern Agriculture on the Skids
  • The veins of America: Stunning map shows every river basin in the U.S.

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Categories: Economics

Daily Digest 10/22 - Ugly Year For Tech Layoffs, A Kink In The Hyperloop

Chris Martenson - October 22, 2016 - 08:07
  • Janet Yellen could be on the verge of starting a 'civil war' at the Fed
  • Analyst: Ugly Year for Tech Layoffs, and It’s Going to Get Worse
  • Duterte aligns Philippines with China, says U.S. has lost
  • A New Era of Internet Attacks Powered by Everyday Devices
  • Bernie Looks Ahead
  • A Kink In The Hyperloop
  • New Documentary “Peter And The Farm” Shows The Brutal Beauty of Farming 
  • Spoiler Alert: Hundreds of Stars Have “Strange, Alien Signals”

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Categories: Economics

VIDEO: Losses Hurt More Than Gains Help

Chris Martenson - October 21, 2016 - 17:23

As biological organisms, humans are motivated by pain and pleasure.

But interestingly, while we tend to think of these as equal motivators, they aren't. 

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Categories: Economics

Daily Digest 10/21 - Good News Friday: Gold’s Secular Bull Market Continues, The Virtue Of The Educated Voter

Chris Martenson - October 21, 2016 - 10:10
  • The Virtue Of An Educated Voter
  • Work Feels Better If You're Part Of A Team
  • How we reconstruct our evolutionary past
  • Gold’s Secular Bull Market Continues – 50 Amazing Charts
  • New Process Discovered to Convert CO2 to Ethanol
  • Finalists in the 2016 Comedy Wildlife Photography Awards
  • 8 Fall-Blooming Flowers Friendly to Bees, Birds, and Butterflies

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Categories: Economics

Reality and the mainstream media

Beyond Money - October 21, 2016 - 04:01

“There are no conspiracies only conspiracy theories and nuts who believe them. Elections in America are not rigged, but there are many nuts who think they are. The United States is the champion of democracy and its interventions in countries around the world are conducted only for the purpose of deposing dictators and freeing the people to choose their leaders.”

These are some of the myths that the mainstream media have long been trying to sell to the public but as evidence to the contrary mounts up and the chorus of truth-tellers becomes ever larger their job has become more difficult. Add to the mix a Presidential candidate who dares to cast doubt upon any of part of the official version of reality and the pundits in the MSM go ballistic. It is almost laughable to see them so obviously reveal their biases.

While I consider Donald Trump to be a narcissistic nincompoop and cannot bring myself to vote in favor of his presidency, I do admire his willingness to speak the unspeakable and to give the American people at least the appearance of an alternative to the elite agenda. I further credit him for refusing to fall into line against Russian president Vladimir Putin who is understandably just trying to prevent threats from the west from camping out in Russia’s front yard.

More authoritative sources than I have thoroughly articulated the current domestic and geopolitical reality for anyone who cares to know. Here are just a few of them:

  • Gerald Celente
  • F. William Engdahl
  • Michael Hudson
  • John Perkins
  • Charles Hugh Smith
  • Noam Chomsky
  • Thom Hartman
  • Chris Martinson
  • Jim Rickards
  • David Stockman
  • Wesley Clark
  • Chris Hedges
  • Michael Parenti
  • Paul Craig Roberts
  • Oliver Stone

And you might want to check out Rob Kall’s take on election integrity over on Op-Ed News.

[EDIT] I just viewed this video of Alex Jones that reveals how desperate the global elite are to impose their “New World Order” by removing obstacles like Russia that refuse to go along, by starting a hot war if necessary. So who is the worse choice, Hillary, the hawk who is the chosen agent of the elite, or Trump? Is there any chance at this late date of electing one of the third party candidates? What  can we do to stop this madness? The hour is late and the stakes could not be any higher.

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Categories: Blogs

Off The Cuff: Between A Rock & A Hard Place

Chris Martenson - October 21, 2016 - 00:06

In this week's Off The Cuff podcast, John Rubino and I discuss:

  • The Politics Of Paucity
    • Why our current leaders are singularly ill-equipped to deal with de-growth
  • Rate Hike/Fake Hike
    • Is future central bank tightening a fantasy story?
  • Destination Hyperinflation
    • It's the safest bet (in the long term)
  • Prospect Theory
    • The pain of losses outweighs the pleasure of gains

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today.

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Categories: Economics

Daily Digest 10/20 - Saudis And China Dump Treasuries, What Happens When The Electricity Goes Off?

Chris Martenson - October 20, 2016 - 06:47
  • Russia to respond to any new US sanctions with ‘painful’ measures – deputy FM
  • Saudis, China Dump Treasuries; Foreign Central Banks Liquidate A Record $346 Billion In US Paper
  • The Warnings of a New World War
  • Yellen & Co.’s $13 Trillion Stimulus Boon Just Keeps Giving
  • Don't Overlook Russia
  • Silver, Debt, and Deficits – From an Election Year Perspective
  • What Happens When the Electricity Is Off for Three Days?
  • Tesla, Apple and Uber Push Lithium Prices Even Higher
  • Tesla bans customers from using autonomous cars to earn money ride-sharing
  • Before You Head to the Polls, Find Out Where Congress Stands on Food Issues

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Categories: Economics

Two New Reports Confirm Social, Environmental Benefits of Carsharing

Shareable Magazine - October 20, 2016 - 03:43

Two new TSRC reports analyze survey data from Zipcar for Universities and car2go. (Christopher Schmidt / Flickr)

Categories: Economics

Three Massive Mergers—Millions for One Bank and a Disaster for Food, Water, and Climate

In addition to advising on all three mega-mergers, Credit Suisse is playing a big role behind the scenes of the Dakota Access pipeline.
Categories: Economics

Daily Digest 10/19 - IL Pension Debt Heavily Underestimated, U.S. Has Its Own ‘Oil Curse’

Chris Martenson - October 19, 2016 - 07:24
  • Obamacare rates to jump 16.7% in Michigan despite state scrutiny
  • Oil industry needs $10 trillion to meet coming demand, says OPEC’s Barkindo
  • How some of the most vulnerable student loan borrowers are set up to fail
  • Budget plan shows Spain may need cuts to meet 2017 deficit target
  • The U.S. has its own ‘oil curse’
  • Poland Seeks to Lock in Low Yields With First 30-Year Eurobond
  • Report: Illinois’ pension debt heavily underestimated
  • Venezuela's PDVSA Sows Payment Doubts While Extending Swap
  • Russia Rushes $13 Billion Debt Relief as Defense Strains Budget
  • Zero-Yield Bonds Shunned as Untouchables by BBVA Private Banker
  • Japan finance institutions face huge losses on government bonds if yields rise
  • Central Bankers Rejoice: There Are Signs That Inflation Is Actually Arriving
  • China Sept new yuan loans surge to 1.22 trillion yuan, well above forecasts
  • China Credit Surge Fuels Economic Stabilization, Debt Concerns
  • Goldman says U.S. bondholders risk a $1.1-trillion hit if rates spike

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Categories: Economics

Policing Airbnb: Startups Emerge to Keep Illicit Short-Term Rentals in Check

Shareable Magazine - October 19, 2016 - 06:36

While the regulatory tug-of-war between those concerned with the negative impacts of Airbnb on affordable housing and the home rental giant continue, the emergence of a new industry signals that the problem of illegal short-term rentals may be larger than Airbnb admits.

A number of new businesses are operating as a type of Airbnb police, making money by finding hosts that break laws and / or lease agreements by running what are essentially illegal hotels.

Categories: Economics

Americans Value Libraries, but Divided About How They Should Be Used

Shareable Magazine - October 19, 2016 - 06:21

As libraries continue their transformation from places that house books into multi-faceted tech centers and hubs for a wide variety of innovative programs -- including

Categories: Economics

What If Twitter Were Owned by the Users Who Love It

The #WeAreTwitter movement wants users to buy Twitter as co-owners and show Wall Street how a business should be run.
Categories: Economics

We Never Voted for Corporate Rule

The $66 billion sale of Monsanto is yet another reminder of how corporations have colonized the world and subverted democracy. To regain our future, we must claim our right to popular sovereignty.
Categories: Economics

Repair Cafe and Seeing the Beauty in Broken Things

Shareable Magazine - October 18, 2016 - 07:59

Actually, in Silicon Valley, some engineers do still work with their hands, some people appreciate the beauty in broken things and some people help each other for free for the fun and good will of it. Here's a story of how that happened all at once for me.

Categories: Economics

Daily Digest 10/18 - Financial Repression Now In Play, End Is Near For Cheap NJ Gas

Chris Martenson - October 18, 2016 - 07:09
  • Financial Repression Is Now "In Play"
  • A recession is coming — so hide in gold, says influential investor Raoul Pal
  • How Putin Won Crimea And Lost Ukraine
  • The U.S. Has Been Meddling In Other Countries’ Elections For A Century. It Doesn’t Feel Good.
  • New Jersey Is Known for Cheap Gas. The Glory Days Are About to End.
  • Why Algeria Will Be A Key Part Of Any OPEC Deal
  • Second generation EM drive is just around the corner, patent made public on Friday
  • British conspiracy theorist, 39, is found dead on a sofa in Poland, days after texting: 'If anything happens to me, investigate'

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Categories: Economics

16 Ways to Lead a Zero Waste Life

Shareable Magazine - October 18, 2016 - 06:15

With just 111 possessions and an adventurer’s heart, Rob Greenfield is on a mission to create a “happier, healthier existence for all humans, creatures, and plants.”

Categories: Economics

Consider Joining a Nonprofit Member-Owned Bank on International Credit Union Day

Shareable Magazine - October 17, 2016 - 11:54

It seems like hardly a week goes by without some Big Bank's fraudulent scheme coming to light. Food and Water Watch released a stunning graphic last month that shows how more than 30 banks from around the world have extended billions in credit to the companies behind the Dakota Access pipeline.

Categories: Economics

Daily Digest 10/17 - TX Making Energy Recovery, RT Accounts Blocked In UK

Chris Martenson - October 17, 2016 - 07:59
  • RT's Bank Accounts Blocked In The UK; Russia Foreign Ministry Slams RBS' Decision
  • The World’s Most Dangerous Systemic Risks for the Week Ending October 14
  • Executive Order -- Coordinating Efforts to Prepare the Nation for Space Weather Events
  • The Best Days to Trade Stocks
  • Ever Ask Yourself, "What Does It Really Mean?"
  • Texas Is Making An Energy Recovery
  • Tesla, Panasonic deepen ties with tentative solar panel manufacturing agreement
  • How the Chemical Industry Joined the Fight Against Climate Change

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Categories: Economics