As you are aware, honey bees have been suffering from something called colony collapse disorder. In practice what this means is that the bees simply vanish from their hives leaving behind their most precious worldly possessions, honey and larvae.
Killing off organisms in an ecosystem using indiscriminate biocides is quite literally a slow form of suicide for us humans. As within, so without. You cannot poison and kill of the world around you without poisoning and killing yourself.
Simply put: We are killing ourselves. And the data is literally horrifying.
Daily Digest 5/22 - Clock Running Out For Struggling Oil Companies, Your Contribution To The CA Drought
- Banks Will Keep Doing FX Stuff That Got Them in Trouble
- Freddie Gray death: Grand jury indicts police officers
- Frontline health workers were sidelined in $3.3bn fight against Ebola
- Clock Running Out For Struggling Oil Companies
- California governor declares state of emergency after oil slick spreads off coast
- Get Ready: Protesters Vow to 'Flood the System' for Climate and Planetary Justice
- Your Contribution to the California Drought
- Iowa bird-flu farms fall short on containment measures
An interesting method to determine if that random battery found in the back of the junk drawer has any life left in it.
In this week's Off the Cuff podcast, Chris and Nomi Prins discuss:
- It Takes A Pillage
- How Wall St fraud has only worsened since 2008
- Moral Hazard
- Central banks are enabling the bad actors
- The War On Cash
- What the implications of ZIRP and NIRP are
- Get Ready For Volatility To Return
- Market gyrations from here are baked in the cake
- Venezuela's Inflation Rate Is 200% and Credit Card Companies Are Cashing In
- The Improbable in Service to the Insatiable
- Greece nears debt deal in May as money runs low
- An Insane Financial World
- Global banks admit guilt in forex probe, fined nearly $6 billion
- Los Angeles' minimum wage on track to go up to $15 by 2020
- Workers Race to Clean Up Oil Spill on California Coast
- OPEC Struggling To Keep Up The Pace In Oil Price War
- Vortex Bladeless aims for lower-cost wind energy approach
- To fight bee decline, Obama proposes more land to feed bees
- San Bernardino council backs bankruptcy plan that hammers bondholders
- Chicago Said to Delay $383 Million Bond Sale After Downgrade
- 10 Investigates: More red light cameras coming out
- Half of college graduates expect to be supported by their families
- Euro Slumps After Official Says ECB Will Front-Load Stimulus
- Baht in Currency War After First-to-Worst Rout a Year After Coup
- Noyer: ECB will act if inflation target isn't met
- RBA minutes confirm scope for further interest rate cuts
No one could have predicted the sheer scope of global monetary policy bolstering the private banking and trading system. Yet, here we were - ensconced in the seventh year of capital markets being buoyed by coordinated government and central bank strategies. It’s Keynesianism for Wall Street.
The unprecedented nature of this international effort has provided an illusion of stability, albeit reliant on artificial stimulus to the private sector in the form of cheap money, tempered currency rates (except the dollar - so far) and multi-trillion dollar bond buying programs. It is the most expensive, blatant aid for major financial players ever conceived and executed. But the facade is fading. Even those sustaining this madness, like the IMF, are issuing warnings about increasing volatility.
- Central planners are showing increasing signs of insecurity in their ability to maintain control
- Credit default risk is on the rise
- So are geo-political and economic risks
- Manipulation continues to muddy price discovery
- Crime & fraud have rotted the core our financial system
- How to tread carefully in these markets
If you have not yet read Part 1: 4 Factors Signaling Volatility Will Return With A Vengeance available free to all readers, please click here to read it first.
When stock markets keep racking up records, it’s hard to imagine steep downturns. Yet that’s precisely when caution is required, particularly when volatility is rising and risk factors are not subsiding. What I’m about to say is not to scare, but to help prepare, you.
Recall that two years after achieving a then historic high on October 9, 2007 of 14,164.53, the Dow plunged by more than half to a March 2009 12-year low of 6,547. The value of US stocks dropped from $22 trillion to $9 trillion. Why? Because of a confluence of risk-laden events pelting people and markets. From the housing market drop, to the failure of Bear Stearns and Lehman Brothers, to the unraveling of CDOs, to the obscene amounts of leverage and fraud everywhere, volatility escalated and liquidity and confidence dove. Banks entered self-defense mode, turning to governments and central banks for lifelines.
The fix of subsidized private banking was in. It still is - seven years later. There’s nothing comforting about that. It took another five years, until March 5, 2013 for the Dow to top 2007 levels. If you’re an individual, say with a pension or college tuition to pay, you’ve got to have an iron stomach to deal with that kind of chaos. You’re going to want to protect your money from the possibility of a next time. Now is a good time to start.
Today’s markets have not bubbled on organic or sustainable growth, they have been propped up by unprecedented, globally coordinated central bank policies that flooded the financial system with cheap money and like a giant financial vacuum cleaner hoovered up debt securities from big banks through massive (QE) easing programs.
Market volatility, though low compared to 2008 days, has nonetheless been inching up. It will continue increasing due to...
These Friends from High School Bought an Abandoned Factory. Now They're Distilling Artisanal Whiskeys
A number of great preps to protect yourself from an EMP event and make sure you are well prepared and resilient to it's effects.
- Bank of America: Markets Are in a 'Twilight Zone' and It's Time to Hold More Cash and Gold
- Obama will restrict grenade launchers, military equipment from local police
- When It Comes to Wage Abuses, It’s Not Just the Nail Salons
- Engineered virus protects bacteria while eliminating antibiotic resistance
- New Texas law bans cities from banning fracking, drilling
- Get Ready for Solar Boom From China Plants as Asia Demand Swells
- Oil Prices Will Fall: A Lesson In Gravity
- Water level in Lake Mead, largest reservoir in the US, drops 150 feet in 14 years
Little Free Libraries have become beloved neighborhood landmarks that have circulated an estimated 40 million books through 25,000 volunteer-built branches. But what about book deserts, i.e. places where books are scarce? Little Free Libraries could be the solution.
It all started with a bet. In July 2014, two friends and I launched The Sharing Bros project and set off for a crazy adventure. We traveled from Vancouver, Canada to Rio de Janeiro, Brazil using only the collaborative economy. We produced 11 videos to share our adventures.
- Dead Nation Walking
- Stranded: How America's Failing Public Transportation Increases Inequality
- #TakeUsWithYouScotland: 1000s in N. England sign petition to join 'future independent Scotland'
- Kerry says U.S. and China discuss further sanctions on North Korea
- The GOP Is Dying Off. Literally.
- The In-State Tuition Break, Slowly Disappearing
- Fake Diplomas, Real Cash: Pakistani Company Axact Reaps Millions
- The Great Fossil Fuel Subsidy Myth
Photos courtesy of Blue Zones
It’s like a small-town scene from Norman Rockwell, updated for the 21st Century.
A Latino family strolls leisurely through the park, immersed in conversation. Coming up fast behind is a blonde woman in designer exercise gear and earplugs, intent on maintaining her power-walking pace. Bringing up the rear is a young man with his husky, both of them staring up at a patch of sun that has appeared from behind the clouds.
Behavioral science shows we are our own worst enemies in this story. In a realm where everything is so quantifiable, measurable and trackable, one would expect exceptionally good decision-making. But it's our human wiring, our proclivity for seeing things as we want them to be rather than as they truly are, that makes us vulnerable to influences we often aren't even conscious of. And the bad decisions -- and bad outcomes -- ensue.
- How Wall Street Is Fighting to Rip Off Your Retirement Money
- 7 common myths that can ruin your retirement
- Use privacy software if you want to be safe from Facebook, warns watchdog
- America's premier rail superhighway is slowly falling apart
- Amtrak, After Derailment, Told to Expand Automatic Brake Use
- Millennials Are Ditching College and Heading Back to the Workplace
- Blueprint for a Better Human Body
- Brown’s Arid California, Thanks Partly to His Father