Category Archives: Corruption

Crash alert: China’s resource crisis could be the trigger

Preface.  Way to go Nafeez Ahmed, your second home run of reality based reporting on the energy crisis this week.  There are countless economists within the mainstream media predicting an economic crisis worse than in 2008, but they totally ignore … Continue reading

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The coming crash in 2020 from high diesel prices for cleaner emission of oceangoing ships

Preface.  Ships made globalization possible, and play an essential role in our high standard of living, carrying 90% of global goods traded. But the need for a new, cleaner fuel may cause the next economic crisis.  What follows are excerpts … Continue reading

Posted in By People, Crash Coming Soon, Peak Oil, Ships and Barges | Tagged , , , | 3 Comments

Book review of “White Trash. The 400-year untold history of class in America”

Preface.  This book makes the case that the poor arrived 500 years ago when America was first settled, and most of them never rose to the middle or upper classes because “land was the principal source of wealth, and those … Continue reading

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Who is Joe Arpaio? His Arizona women’s prisons are reminiscent of Nazi death camps

[ You may remember back in August 2017 that President Trump pardoned Joe Arpaio.   But most left out an even bigger reason why he is truly evil: his Arizona women’s tent city prisons.  Below is a description of one from … Continue reading

Posted in Drug wars and the prison system | Tagged , , , | 3 Comments

Homer-Dixon predicts 20 to 30% chance of Trump causing financial crisis, war, civil violence, and authoritarianism over next 5 years

[ Homer-Dixon wrote an article over a year ago for the Toronto Globe and Mail titled “Crisis analysis, how much damage can Trump do? (A lot). How’d his prediction turn out? Within this article is a link showing 4 major … Continue reading

Posted in Crash Coming Soon, Scientists, Social Disorder, War | Tagged , , , , | 1 Comment

Nobel prize economist Robert Shiller: market risk keeps him awake worrying

[ According to this article: “Shiller’s latest analysis shouldn’t be taken lightly. His forecasting skills were recognized in 2013 when he won the Nobel Prize in Economics. He’s known for predicting both the dot-com bubble and the housing bubble in … Continue reading

Posted in Crash Coming Soon | Tagged , , | 1 Comment

One of the biggest risks to the world’s financial system is the $3 trillion of debt owed by oil and gas firms

[ Yet another “crash coming soon” post, if it hasn’t happened already (I scheduled this article and others to appear a year or more later, since crashes always take longer to happen than you expect. Alice Friedemann   www.energyskeptic.com  author of … Continue reading

Posted in Bond Market, Crash Coming Soon, Debt, Oil & Gas Fracked | Tagged , , | 2 Comments

Steve St. Angelo: Prepare for asset price declines of 50 to 75%

Steve St. Angelo. July 4, 2017. Prepare for asset price declines of 50 to 75%. SRSRocco report. What we have is a totally propped-up market based upon debt. Energy isn’t producing positive growth. So instead of having real economic growth, … Continue reading

Posted in Crash Coming Soon | Tagged , | 3 Comments

Steve St. Angelo: The global oil & gas industry is cannibalizing itself to stay alive

[ I heard Steve recently on a Peak prosperity podcast here.  I like St. Angelo because he is one of very few financial advisors who understand the role energy plays in the economy.  Though I don’t think that gold and … Continue reading

Posted in Debt, Economic, Investing advice, Natural Gas, Oil | Tagged , , | 7 Comments

The real trouble with ‘Bizarro Capitalism’ by Porter Stansberry 7-22-2017

[ I sent out a newsletter to everyone I knew in 1999 about why dot.com companies were going to go bust, started warning people in 2002 that there was a housing bubble, and in 2005 that a financial crash was … Continue reading

Posted in Crash Coming Soon, Debt | 4 Comments