Katie Mays, the site's social worker, stands next to villager Rick Proudfoot in front of his house. All photos by Paul Dunn. Article and images cross-posted from YES! magazine.
On a frigid January morning in Portland, Ore., a tour through Dignity Village follows the same path its residents are required to travel. All were, or are, homeless.
- Major central banks tear up interest rate plans as market turmoil forces them into reverse
- Don’t use this crisis to ban cash and banknotes
- Beware Economists Bearing Multiple Reasons
- This Time Is Different!
- A Bubble Induced Economy & The Wage Gap
- Four Legal Questions the Fed Would Face If it Decided to Go Negative
- Stagnating Italy poses new headache for stuttering eurozone
- Keiser: Deutsche Bank ‘technically insolvent’, running a ‘ponzi scheme’
- Ecological Eating
- Latin American Doctors Suggest Monsanto-Linked Larvicide Cause of Microcephaly, Not Zika Virus
- The man who studies the spread of ignorance
- Something Very Disturbing Spotted In A Morgan Stanley Presentation
- Tank’s Topped, Refiners’ Dumping Crude, 3mth WTI in Super-Contango
- Silver, Gold, the Argentina Peso & Exponentially Increasing Price
- Euro PIIGS Starting To Squeal Again
- Canada sells off most of its gold reserves
- An Interview with Legendary Investor Jim Rogers
- The Hidden Agenda Behind Saudi Arabia’s Market Share Strategy
- Shadow CIA Warns Russian Air Power Would Stop Any Foreign Invasion of Syria
- Too Many Boats, Too Little Cargo: The Monumental Glut In Global Shipping
- Markets Hand Verdict to Central Banks: Stay Out Of Sub-Zero Rates
- Global Stocks Continue To Crash As Oil Plummets And Gold Skyrockets
- 5 Easy Ways To Make Your Fire Burn Longer (And More Efficiently)
- Warming World Spreads a Wider Welcome Mat for Zika-Carrying Mosquitoes
- Brooklyn Youth Create Jobs (and Community Roots) Through Local Compost Program
- Viewpoint: The First Sounds of Merging Black Holes
- Gravitational Waves Exist: The Inside Story of How Scientists Finally Found Them
- The Dutch Are Opening a Poop Bank to Help Fight a Painful Disease
- Gold outlook improves
- Kanye West is the new gold, or why you should invest in his sneakers
- The Book Radical Mycology Showcases the Amazing Power of Mushrooms
- Ostrich … It’s What’s for Dinner
This is a formal ALERT.
We issue those very sparingly here at Peak Prosperity. We only issue them when world events have gotten to the point that we are personally taking new actions to shore up our preparations.
2016 is fast proving that the tranquility the world has enjoyed from 2010 up to now has been false; that the problems we face were merely temporarily papered-over by central planners, not resolved. That tranquility is now over. Prepare for more turbulent times.
- Clueless Fed?
- S&P 500 ends flat; Fed sees risks but unlikely to reverse course
- Carlyle unveils $200 million share buyback, earnings miss forecast
- Ya Gotta Have A Plan
- Global Economic And Banking Collapse On Deck
- With A Gloomy Start To 2016, A Bust Seems Just Around The Corner
- The Physics of Energy and the Economy
- House bill would kill state, local bills that aim to weaken smartphone crypto
- As Donald Trump Wins, Mainstream G.O.P. Is Left to Muddle On
- Could Gasoline Drop Below $1 Per Gallon?
- Geoff Lawton on the Big Picture of Problems and Solutions
- Unsafe Lead Levels in Tap Water Not Limited to Flint
Ever dreamed of building a sustainable and beautiful log home? Want to have a small cabin in an off-grid homestead? Below are the #1 tips and pieces of advice from 21 log cabin owners, builders and manufacturers for making your log cabin project a success! We really hope you find useful insights and knowledge to use and apply when building your log cabin home.
With Spring approaching, it is time to start planning your next steps in hive care and maintenance.
- Bad loan clean-up takes toll on state banks' earnings
- Investors flock to CDS amid fear over banks’ bonds
- Venezuela Faces Test on Debt
- Time is running out for these 29 companies
- Fitch Sees High Default Probability for 10 Latin America Issuers
- Financial Credit Risk in Europe Increases to Highest Since 2013
- Moscow shared MH17 radar images, Dutch probe ignored evidence, Russia tells victims’ relatives
- The Next Slick Patch In Front Of The Market: A Stampede Out Of ETFs
- Iran Signs Oil Deal With Total, Deal Done In Euros
- Not-so-secret atomic tests: Why the photographic film industry knew what the American public didn’t
- Rising CO2 in the ocean will make fish ‘intoxicated,’ scientists predict
- 2007 All Over Again, Part 3: Banks Starting To Implode
- After 1,428 years here’s what brought down the world’s oldest business
- What happens to a tiny town when Walmart disappears?
- Senate ethics panel has issued no punishments in 9 years
- How Chicago's 'Fraternal Order of Propaganda' shapes the story of fatal police shootings
- Oil Off To Bad Start Of The Week As Dollar Gains Strength
- A Bullish Gold Price Forecast For The Coming 6 Months
- Oil industry woes grow as storage levels hit ‘critical level'
- Global Food Waste: The Numbers Behind The Problem
Photo courtesy of Co-operatives UK: Debbie Harley, a worker and director of Delta-T Devices, a thriving environmental science instruments worker co-operative, checks in on an installation.
Worker co-operatives tend to be smaller than conventional businesses and struggle to find investment, right? Well, not necessarily, according to new research into worker co-ops.
Financial markets the world over are increasingly chaotic and either retreating or plunging. Our view is that there’s a gigantic market crash in our future and it’s possible that this has started now.
- Oil patch defaults will be the trigger that burns down the markets
- Defaults will ripple widely across many industries and sectors
- The banks are suddenly turning on their central bank brethren
- How to protect yourself from the coming era of wealth destruction
The financial sector may be suffering through a bad time, but the oil sector is experiencing something far worse. While overall demand for petroleum is flat or down nearly everywhere, every producer is pumping like mad either to achieve a geopolitical agenda (as with Saudi Arabia and Russia) or to simply survive.
This chart of the price of WTIC oil also sports a pretty convincing head and shoulders formation, a common warning of “lower prices dead ahead”:
It looks like the $30 mark is the area to keep a close eye on, as that represents one possible ‘neckline’ to the H&S formation drawn above. If that fails, look out below. Expect that area to be defended pretty vigorously by those institutions long oil.
I'm anticipating quite a skirmish over the $30 mark. But ultimately, I believe oil prices have further to fall. I think this because the economic news is dismal – no growth, only contraction right now and that’s going to hit demand – and also because the US has too much of the stuff to store. And because the next...