Take a look at the above chart and marvel at what ten years of unprecedented money printing can do for an asset market like the S&P 500. The current exponential curve from 2008 makes the previous two market peaks look like molehills next to a mountain. Chris Martenson, founder of Peak Prosperity, takes us back […]
Since when do people complain about not paying enough taxes? Since a group of about 400 wealthy corporate executives and professionals found solidarity in concluding that wealth inequality in the country has been stretched to the limits and that any further advantages bestowed upon them through Trump’s Tax plan would only exacerbate the problem. Instead, […]
Capsule hotels, once thought the domain of overworked underpaid Japanese salarymen, have exploded across Asia. Creative designs for small sleeping spaces have attracted a broad spectrum of customers from young creatives to high-end business travelers. Source: Asia’s Booming Pod Hotel Market Projected To Reach $226M — Why Are Travelers Downsizing?
The Netherlands, at only 1/270th the size of the US, is the world’s second largest food exporter by value…behind only the US. How did they do this? It’s all about the efficiency. Source: This Tiny Country Feeds the World
Silicon Valley is digging around for new startups to grow and is betting the farm that high-tech agribusiness won’t be small potatoes for long. Big data and AI are being applied in more and more ways to better understand how we can improve agricultural systems around the world. Source: Agribusiness Gets Less Hands-on and More High-Tech […]
Cheekys founder, Jessica Roberts, started out as waitress and ended up with a $2.8 million fashion brand for country gals. Source: How This Former Outback Steakhouse Waitress Built a $2.8 Million Retail Brand | Inc.com
In this 2015 interview renowned intellectual Noam Chomsky reveals the ten principles the wealthy ruling elites have used to acquire the bulk of America’s wealth. The film was quite prescient in predicting many of the symptoms we have been experiencing since the 2016 presidential election through the first month of the Trump administration, but explains that they have been present throughout […]
Donald Trump is assembling a team of elites in the service of populism. That could make him the first “populetist” president. Can he make the “trickle down” theory work this time? Check out his appointments and decide for yourself. Source: Trump is enlisting the rich to help the downtrodden
According to CNBC, Squawk on the Street, the recent US Department of Labor November Employment Report indicates that the unemployment rate has fallen to 4.6%, the lowest level since 2007. On the surface, this would be encouraging news if it weren’t for the Labor Participation rate which dropped to 62.7% with an estimated […]
Dear Republican and Democrat friends. I urge you to take a few minutes to read this article, which may give you fresh perspective on the recent presidential election and what long-term trends have brought us to this point. Chris Martenson wrote an excellent article on the Peak Prosperity website which suggests that long-term economic policies pursued by […]