The Crash Course

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Chris Martenson's daily updates on the three "E"s -- economy, environment, and energy systems -- how they interact, and how they will impact our future.
Updated: 2 hours 42 min ago

Daily Digest 2/22 - Unemployment Payouts Drop, Greek Bailout Vote Uncertain, Americans Driving Old Cars Longer Than Ever

6 hours 50 min ago
  • Unemployment payouts drop $40 million a day
  • Trade deficits may undercut Japan's ability to service a massive debt load far bigger than Greece's
  • Greek bailout vote uncertain as legislators await details
  • Greek bondholders set for 74 percent loss
  • EU to Move to Suspend Funds to Hungary, EU Official Says
  • Texas remains $4.1 billion short on its budget
  • Bailout May Prolong Greek Recession: Capital Economics
  • Zimbabwe's new fees will cripple mines: industry
  • Study: Americans driving old cars longer than ever
  • One in four Americans have more debt than savings
  • Spain’s debt load to double since start of crisis, EU forecasts
  • Food pantry demand doubles
  • Special Report: Homeless Students
  • Soaring Gas Prices Fuel Concerns Among City Drivers
  • NEWS10 WATCHDOG: Red light cameras generate conflicting views
  • Study finds $135.7B in local pension liabilities

Follow our steps to prepare for a world after peak oil, such as how to store & filter water

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Dangerous Ideas

7 hours 43 min ago

We are at a key turning moment in history. The actions that we will soon decide to take will be determined by the beliefs we hold. At a time like this, holding the wrong set of beliefs can destroy your wealth, sap your joy, and even prove to be life-shortening.

Knowing the 'right' sets of beliefs to hold is never easy, but it is especially difficult at large turning points because, by definition, most people are holding onto old beliefs. Running against the crowd is difficult for everyone and impossible for many.  read more »


Understanding Emergencies: Every Day Carry & Survival Equipement

Tue, 02/21/2012 - 16:21
Part I. Practical Survival Equipment

In this segment of the Emergency Assessment series, we’re going to discuss equipment, but not in a way that is commonly seen.

We’re going to take the information from the previous segment (Understanding Emergencies) and set up some definitions that we will use to frame what we need in order to meet emergencies head on.

Most of the time, this discussion is what you hear when you hear “survivalists” consider their options. It’s the equipment - What rifle for deer? What (this) to accomplish (that)? It’s intentionally placed halfway through this article, because before we decide on any sort of equipment, it’s imperative that we shape our demands, and our demands are not equipment - our demands are skills. A set of lock picks aren’t going to do you any good if you’re trying to escape a dead city and you can't tell a rake from a torsion wrench.

In short, our priorities are:

  1. A cogent assessment of the situation
  2. A detailed plan on what you have, lack, and need, in terms of skill set, mindset, and know-how
  3. The skills to perform the given task
  4. The tools to perform the given task  read more »


Daily Digest 2/21 - Big Government Is Coming To An End, Icelandic Anger Brings Debt Forgiveness, Aviation Biofuel's Future

Tue, 02/21/2012 - 10:44
  • The Time of Big Government is Coming to an End
  • Bob Janjuah: "Markets Are So Rigged By Policy Makers That I Have No Meaningful Insights To Offer"
  • Buy Gold & Silver For The Long Haul, says Jim Rogers
  • Icelandic Anger Brings Debt Forgiveness
  • Psychiatric Patients With No Place to Go but Jail
  • Jim Bianco on Money Printing, Quantitative Easing, and Misguided Federal Reserve Policy
  • Coal to India Beating China on Singh Decree
  • The Future of Aviation Biofuels

Follow our steps to prepare for a world after peak oil, such as how to store & filter water

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Daily Digest 2/20 - Roll On The Barrels, The Ethyl-Poisoned Earth, Iran Halts Export To Britain And France

Mon, 02/20/2012 - 10:45
  • In Alabama, a County That Fell Off the Financial Cliff
  • Oil And Gas: Roll On The Barrels
  • Shadow Stats John Williams on the End of the Dollar
  • Ann Barnhardt & Warren Pollock Have an Open Conversation
  • Iran stops oil exports to UK and France
  • South Africans Suffer as Graft Saps Provinces
  • As WTI Passes $105, Guardian Says Iran "Military Action Likely", Would Send Crude Soaring
  • The Ethyl-Poisoned Earth
  • Can a return to the drachma save Greece as unemployment soars?
  • Iran Halts Oil Exports to Britain and France

Crash Course DVDOwn the Crash Course Special Edition Set with Presenter’s Pack (NTSC or PAL)

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Daily Digest 2/19 - The Long Road To Damascus, Germany and Greece Prepare For Plan D, Gas Prices Continue Rising

Sun, 02/19/2012 - 10:44
  • The Long Road To Damascus
  • Momentum Builds for Syria Action Ahead of Tunis Conference
  • Frustrated Protesters Fill Streets in Damascus
  • Does the Fed Print Money? Of Course! Jim Bianco Calls It “Fraud, Counterfeiting”
  • Germany, Greece Quietly Prepare For "Plan D"
  • Brother, Can You Spare $6 Trillion?
  • Iran Stops Exporting Crude Oil to British, French Companies, Shana Reports
  • Rising Gas Prices Give G.O.P. Issue to Attack Obama

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Daily Digest 2/18 - March 23 For Greece Default, Al. To Close Hospitals For Mentally Ill, "Peak Oil Is Dead", Says Citigroup

Sat, 02/18/2012 - 10:43
  • Greece “Officially Defaults” March 23, Banks Close
  • Alabama Plans to Close Most Hospitals for Mentally Ill
  • Interference Seen in Philadelphia Papers
  • After MF Global, Traders Hold Tight To Excess Collateral
  • Beware Of A Volume Spike As It Could Be A Bad Sign
  • Tax Cut Extension Passes; Everyone Claims a Win
  • How About Gardening Or Golfing At The Mall?
  • Citigroup Says Peak Oil Is Dead
  • Shell Clears Major Hurdle in Its Bid for New Arctic Drilling

Our 'What Should I Do?' guide has steps to cook, see & stay warm in times of power outage

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James Rickards: Paper, Gold or Chaos?

Fri, 02/17/2012 - 13:29

History is replete with the carcasses of failed currencies destroyed through misguided intentional debasement by governments looking for an easy escape from piling up too much debt. James Rickards, author of the recent bestseller Currency Wars: The Making of the Next Global Crisis, sees history repeating itself today - and warns we are in the escalating stage of a global currency war of the grandest scale.

Whether it ends in hyperinflation, in the return to some form of gold standard, or in chaos - history is telling us we can have confidence it will end painfully.

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Daily Digest 2/17 - Proof Of Greater Depression, Current System Will Be "Totally Destroyed", Saudis To Re-Open Idled Field

Fri, 02/17/2012 - 10:56
  • MF Global: Where's The Cash - Part II
  • Currency Funds: Special Case International Bond Funds
  • Proof Of U.S. Greater Depression
  • Sprott's John Embry: "The Current Financial System Will Be Totally Destroyed"
  • Just as Greece complies at last, Europe pulls the plug
  • Which Trends Are Changing the World of Energy
  • Biomass: Just Because it's Green Doesn't Mean it's Clean
  • Saudis to Re-open Idled Oil Field
  • 300k farmers hope for lawsuit against Monsanto

Crash Course DVDOwn the Crash Course Special Edition Set with Presenter’s Pack (NTSC or PAL)

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Daily Digest 2/16 - The Way Greeks Live Now, Bad Week For Freedom, The Petro Business Cycle

Thu, 02/16/2012 - 10:46
  • Chris Whalen: JPM and the Banks Have the MF Global Money And the Status Quo Is Protecting Them
  • Bill Black: How Fraud Leads to Recurrent, Intensifying Financial Crises, and Steps We Must Take To Stop that Cycle
  • The Way Greeks Live Now
  • Bad Week For Freedom
  • China Reduces Holdings of U.S. Treasuries to Lowest Level Since June 2010
  • Hillary Clinton Is Said to Rival Summers as Contender to Lead World Bank
  • Calls to break US monopoly on World Bank start as Zoellick steps down
  • Ritholtz Has the Main Theme Right, But Gets a Few Specifics Wrong About MF Global
  • Desperately seeking Americans for manufacturing jobs
  • The Petro Business Cycle
  • Why Not Thorium?
  • With Friends Like Moscow, Who Needs Venezuela's Oil?
  • Bumpy Ride Ahead: Gas Prices May Soon Hit $4 a Gallon
  • Regenerative Agriculture: Feeding the Future
  • Global suicide 2020: We can’t feed 10 billion

Crash Course DVDOwn the Crash Course Special Edition Set with Presenter’s Pack (NTSC or PAL)

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Clusterfuck Nation