Posts Tagged ‘Chapter’
Crash Course: Chapter 15 – Bubbles (2 of 2) by Chris Martenson
Posted by admin in Finance Tuesday, 25 May 2010 06:12 14 Comments
Chapter 15 (Bubbles – Part 2 of 2): Throughout the long sweep of history, the bursting of asset bubbles has nearly always been traumatic. Social, political and economic upheavals have a bad habit of following asset bubbles, while wealth destruction is a guaranteed feature. Four characteristics of bubbles are observed: that they are self-reinforcing on the way up (higher prices become the justification for higher prices); once they pop, the game is suddenly and permanently over; they are roughly symmetrical in time they take to peak and fall; and they are roughly symmetrical in price, returning to their pre-bubble status. Dr. Martenson concludes that the housing bubble is itself just a symptom of a credit bubble, leaving a final catastrophe of the currency as our most likely outcome. www.chrismartenson.com
Crash Course: Chapter 15 – Bubbles (1 of 2) by Chris Martenson
Posted by admin in Finance Tuesday, 25 May 2010 03:33 8 Comments
Chapter 15 (Bubbles – Part 1 of 2): Throughout the long sweep of history, the bursting of asset bubbles has nearly always been traumatic. Social, political and economic upheavals have a bad habit of following asset bubbles, while wealth destruction is a guaranteed feature. Four characteristics of bubbles are observed: that they are self-reinforcing on the way up (higher prices become the justification for higher prices); once they pop, the game is suddenly and permanently over; they are roughly symmetrical in time they take to peak and fall; and they are roughly symmetrical in price, returning to their pre-bubble status. Dr. Martenson concludes that the housing bubble is itself just a symptom of a credit bubble, leaving a final catastrophe of the currency as our most likely outcome. www.chrismartenson.com
Crash Course: Chapter 1 – Three Beliefs & Chapter 2 – The Three E’s by Chris Martenson
Posted by admin in Finance Monday, 24 May 2010 08:59 32 Comments
Chapter 1 (Three Beliefs): Dr. Martenson states his three beliefs: massive change is upon us, that change may overwhelm our ability to respond, and that we do not lack the technology or understanding necessary to build a better future. The next 20 years are not going to be anything like the past 20 years. Chapter 2 (The Three “E”s): Understanding our current situation requires acknowledging that the Economy, Energy, and the Environment are all related; in short, that each “E” influences, and competes for our attention with the others. We have never simultaneously faced these issues at such levels, yet none of them can be solved in isolation. www.chrismartenson.com
Crash Course: Chapter 18 – Environmental Data (2 of 2) by Chris Martenson
Posted by admin in Finance Friday, 21 May 2010 20:09 11 Comments
Chapter 18 – Environmental Data (2 of 2): The entire human population reached three billion in 1960, and today more than twice that number of people live on earth with rapid growth expected to continue in the future. Unfortunately, an increasing population increases the demand for earth’s natural resources. In this chapter, Dr. Chris Martenson explains that since the easiest-to-extract, most abundant natural resources are extracted first, our growing population will have to deal with scarce, energy-consuming, low-grade resource availability in the near future. www.chrismartenson.com
Crash Course: Chapter 15 – Bubbles by Chris Martenson
Posted by admin in Finance Thursday, 20 May 2010 08:33 25 Comments
Chapter 15 (Bubbles): Throughout the long sweep of history, the bursting of asset bubbles has nearly always been traumatic. Social, political and economic upheavals have a bad habit of following asset bubbles, while wealth destruction is a guaranteed feature. Four characteristics of bubbles are observed: that they are self-reinforcing on the way up (higher prices become the justification for higher prices); once they pop, the game is suddenly and permanently over; they are roughly symmetrical in time they take to peak and fall; and they are roughly symmetrical in price, returning to their pre-bubble status. Dr. Martenson concludes that the housing bubble is itself just a symptom of a credit bubble, leaving a final catastrophe of the currency as our most likely outcome. www.chrismartenson.com
Crash Course: Chapter 14 – Assets & Demographics (2 of 2) by Chris Martenson
Posted by admin in Finance Wednesday, 19 May 2010 19:16 10 Comments
Chapter 14 (Assets & Demographics – Part 2 of 2): Having examined our nations current, never-before-seen level of debt, as well as our failure to save, we now move on to look at our assets. Key Concept 8 is introduced, that debts are fixed, but assets are variable, sometimes gaining and sometimes losing. Dr. Martenson examines Americas assets, especially in light of our current demographic situation. The effect of the baby boomer generation is specifically considered, with the conclusion that the next 20 years are going to be completely unlike the last twenty years. www.chrismartenson.com
Chapter 7. Creating a Party Order
Tupperware Demonstrator System Training
Paper Mario: The Thousand-Year Door – Post Chapter 5
Posted by admin in Finance Sunday, 16 May 2010 00:21 28 Comments
We check out a ton of secrets in Rogueport after a little business with Bowser.
Crash Course: Chapter 13 – A National Failure to Save (2 of 2) by Chris Martenson
Posted by admin in Finance Saturday, 15 May 2010 06:40 14 Comments
Chapter 13 (A National Failure To Save – Part 2 of 2): “The next twenty years are going to be completely unlike the last twenty years.” — Dr. Martenson. Chapter 13 begins his explanation for this deeply held belief. On every level of our society, there has been a failure to save. Individuals, cities, counties, states, and corporations have all failed to save, but, more importantly, so has our federal government. Our government has pursued a reckless policy of debt accumulation, while neglecting saving and investing, leading to Dr. Martensons claim that the United States is insolvent. Insolvency, which occurs when ones liabilities exceed assets, is first step on the road to bankruptcy. www.chrismartenson.com
Crash Course: Chapter 7 – Money Creation by Chris Martenson
Posted by admin in Finance Friday, 14 May 2010 22:30 29 Comments
Crash Course Chapter 7 (Money Creation): Understanding how money is created provides a foundation for appreciating the implications of our massive levels of debt, because it tells us how that debt came into being. As John Kenneth Galbraith once said, “The process by which money is created is so simple, the mind is repelled.” Dr. Martenson walks us through this simple process of fractional reserve banking. www.chrismartenson.com
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