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Off The Cuff: Trouble Returns To Europe

Chris Martenson - February 3, 2017 - 21:51

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

  • Trouble In Europe
    • The end of the Eurozone experiment may be nigh
  • Our Justice System
    • Where to the Supreme Court?
  • Trump's Shake Up
    • Will he make it 4 full years?
  • Gold Strength
    • The metal and the miners are looking better

Mish returns this week to discuss the brewing stormclouds in Europe. As nationalist candidates gain popularity, growth slows, refugee challenges persist, and friction with the US builds, the binds between the countries in the Eurozone are weakening quickly.

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

A Murderous Complacency

Chris Martenson - February 3, 2017 - 14:38

Running requires me to read and process a lot of data on a daily basis. As it's hard to digest it all in real-time, I keep a running list of charts, tables and articles that catch my attention, to return to when I have the time to give them my full attention.

Lately, that list has been getting quite long. And it's largely full of indicators that concern me, signals that the long era of "extend and pretend" in today's markets may finally be at its terminus.

Like crows circling overhead, everyday brings with it new worrisome statistics that portend an ill change ahead. Indeed, these signs are increasing so quickly now that it's hard not to feel like Tippi Hedren in Hitchcock's classic The Birds.

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Categories: Economics

Daily Digest 2/3 - Good News Friday: Tesla’s Battery Revolution Continues, Hacking One's Own Genes

Chris Martenson - February 3, 2017 - 07:45
  • Animated map shows the history of immigration to the U.S.
  • After a massive backlash, a Republican yanks his bill to sell off public lands
  • This 3,500-Year-Old Greek Tomb Upended What We Thought We Knew About the Roots of Western Civilization
  • One Man’s Quest to Hack His Own Genes
  • Tesla’s Battery Revolution Just Reached Critical Mass
  • Team discovers key to restoring great tomato flavor
  • Trump is a threat to the Paris agreement. Can states like California defend it?
  • Take Three Zucchinis and Call Me in the Morning: The Power of Produce Prescriptions

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Categories: Economics

University of California Next In Line To Dump Wells Fargo Contracts

The UC system is severing $475 million in contracts with Wells Fargo over, among other things, the bank’s ties to private prison corporations.
Categories: Economics

How Neighbors Turned Unused Buildings into a Thriving Community Hub

As rents rise and independent businesses in Minneapolis lose their leases to large national chains, a first-of-its-kind co-op found a solution.
Categories: Economics

6 States With Criminal Justice Reform Wins to Celebrate

In Oregon, incarcerated women stay connected with their children through special visitations and virtual parent-teacher conferences.
Categories: Economics

4 Ways to Bring Self-Care Into Your Work

Shareable Magazine - February 2, 2017 - 16:16

More than ever, it's important to integrate self-care in your work schedule and space. Imagine how much more effective you and your community organization could be if you took care of yourself as you take care of those your group serves. Incorporating self-care reinforces the good habits that help fortify you against stress. Here are four easy things you can do that could help bring about greater change in how you work.

1. Unplug

Categories: Economics

Consumer Cooperatives in Japan Enter the Digital Age

Shareable Magazine - February 2, 2017 - 13:27

Japan's Consumer Cooperative Union (JCCU), commonly referred to as Co-op in Japan, is the world's largest consumer cooperative. It provides a diverse range of goods and services, and its resilience in the face of economic challenges and social change is a model for how cooperatives can transition to the digital era.

Categories: Economics

Daily Digest 2/2 - The FBI's Secret Rules, Will Donald Trump Reverse The War On Cash?

Chris Martenson - February 2, 2017 - 06:16
  • The FBI's Secret Rules
  • Dow Companies Report Worst Revenues since 2010, Dow Rises to 20,000 (LOL?)
  • Will Donald Trump Reverse The War On Cash?
  • Fortune Favors The Gold
  • Buying a house in New Zealand is Silicon Valley code for getting 'apocalypse insurance'
  • Is The Kremlin Funding A Campaign That Undermines U.S. Fracking?
  • First thoughts on NASA's EmDrive paper - Off-World Empire Reacts
  • How global economic growth will drown in Trump’s oil glut after 2018

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Categories: Economics

Los Angeles Preempts Trump’s Deportation Plans By Finally Decriminalizing Street Vending

After years of work, advocates for immigrant rights rejoiced at the permit process, which will help keep 50,000 street vendors on the right side of the law.
Categories: Economics

Defund DAPL Spreads Across Indian Country as Tribes Divest

The Navajo Nation is making moves to join a growing number of tribes that have already respectfully, but conclusively, shown Wells Fargo the door.
Categories: Economics

Hell, Described

Chris Martenson - February 1, 2017 - 14:17

There was an LA Times investigation of Oxycontin and Purdue Pharma’s behavior in introducing that pill, which is at the very heart of the opioid epidemic.  Certainly there are a lot of people in physical and emotional pain who are also seeking relief, but they are “assisted” by a pill formulation that is specifically, in a word, evil.

The basic outline of the story is that Purdue Pharma had a morphine formulation going off patent and they were shall we say eager to replace that product with another. 

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Categories: Economics

How to Make a Systems Graphic to Understand Shared Enterprises

Shareable Magazine - February 1, 2017 - 13:46

Wherever we are, we need to deal with complex systems, from small family units to whole environmental ecosystems. With zillions of entities interacting, it's almost impossible to keep track of how our actions may affect the world. When we are faced with such situations and need to understand complex systems or find solutions to complicated problems, it can be helpful to visualize our understanding of these interactions.

Categories: Economics

Lebanon's First Bike-Sharing Service Pops Up in Beirut

Shareable Magazine - February 1, 2017 - 11:57

Due to a lack of robust public transportation infrastructure, residents of Lebanon's capital city Beirut and the local government have launched a bike-sharing service to offer an alternative, sustainable transportation service. The pilot program is a collaborative effort by Jawad Sbeity, Wissam Shdeed, Gaby Tamer, and Issam Kaskas. It is supported by the Beirut Municipality Cabinet, which is headed by Jamal Itani. Sbeity founded the Beirut by Bike initiative for bike rentals in 1997, and together with his team, has implemented Bike 4 All, the first bike-sharing initiative in Lebanon.

Categories: Economics

Daily Digest 2/1 - Tax-free Living Ending Soon For Saudis, Tough Road To Japanese Fiscal Reform

Chris Martenson - February 1, 2017 - 08:32
  • Retailers are expected to suffer big spike in bond default rate in 2017
  • Tax-free living will soon be ending for Saudis
  • Excerpts from recent editorials in newspapers in Illinois
  • Kuwait cabinet approves budget with huge deficit
  • New euro zone loans to Greece hinge on IMF participation in bailout - ESM
  • Locals Wary of Modi Math as Foreigners Sell $6 Billion Debt
  • Tough road to fiscal reform for debt-ridden Japan before FY2020
  • BOK vows to maintain monetary easing policy
  • France's FN sets out unorthodox economic plans to support a euro exit
  • Korea's national debt tops W900tr
  • Watchdog urges creation of EU toxic loans bank
  • Italian banks make little headway in clearing out bad loans: ECB
  • Bank of Italy and ECB say euro exit would be disaster for Italy
  • Brazil's central bank forecasts higher debt-to-GDP in January

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Categories: Economics

The Present and Future of On-Demand Work

Shareable Magazine - January 31, 2017 - 16:49

I recently attended an eye-opening event hosted by the California Association of Micro Enterprise Opportunity in San Francisco. The event shed light on the proliferation of self-employed workers in the U.S. and explored ways to support a new breed of workers, including those finding gigs through on-demand marketplaces like Upwork, Thumbtack, and Lyft.

Categories: Economics

This Co-op Gives Formerly Incarcerated People Jobs and Community

Shareable Magazine - January 31, 2017 - 11:04
After 14 years of incarceration, seven of it in solitary confinement, Juan Reid found himself living in a van, unable to get a steady job, struggling with bills, addiction, and the residue of childhood trauma. As Reid puts it, he was "going down the wrong path."   "I was knocking on the door of the penitentiary again," Reid says. "I got rent free, three meals a day brought to my cell like room service. That lifestyle began to feel easier to me."  
Categories: Economics

Daily Digest 1/31 - Ron Paul's Border Wall Solution, China's Mundell Fleming Trilemma

Chris Martenson - January 31, 2017 - 08:11
  • The Casino Bet All Its Chips On Orange - Now Comes The Reckoning
  • Ron Paul Suggests A Better Solution Than Trump's Border Wall
  • Trump signs executive order requiring that for every one new regulation, two must be revoked
  • 'It's made in Vietnam!' At inauguration, origin of red Trump hats shocks many
  • China's Mundell Fleming Trilemma
  • Trial Balloon For A Coup?
  • Saudi Arabia signals end of tax-free living as oil revenues slump
  • Earth’s magnetic field could flip within a human lifetime

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Categories: Economics