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Renaissance Italy Presents a Strong Case for Decentralization

Renaissance Italy Presents a Strong Case for Decentralization Common wisdom tells us that without a clear leader and monopoly on force, chaos reigns until a new order is established. My political theory is rooted in a single axiom that I came to independently: governments are mafia. I actually came to this conclusion in the reverse […]

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The World’s Real Nuclear Menace Isn’t North Korea

The World’s Real Nuclear Menace Isn’t North Korea Photo by Toby Scott | CC BY 2.0 With growing speculation of war with North Korea and familiar apocalyptic rhetoric in recent times, the United States and North Korea have participated in increasingly bellicose exchanges. These recent exchanges range from President Trump calling on other nations to […]

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Is the Buildup to World War I Being Repeated for WWIII?

Is the Buildup to World War I Being Repeated for WWIII? The great scholar of Turkish history, Taner Akçam, has described today’s geopolitics — the alliances and hostilities toward possibly another World War — as being not ideologically based like WWII, but instead greed-based (empire-grabbing) like WWI: These are wars of power, influence, and control over the […]

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Venezuela Will Back Its Cryptocurrency With 5 Billion Barrels Of Oil, Gold Deposits

Venezuela Will Back Its Cryptocurrency With 5 Billion Barrels Of Oil, Gold Deposits Four months ago, in a not entirely surprising move meant to circumvent US economic sanctions on Venezuela, president Nicolas Maduro announced that his nation would stop accepting dollars  as payment for oil imports, followed just days later by the announcement that in […]

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Russia Establishes Two Permanent Bases In Syria To Host Nuclear Warships And Warplanes

Russia Establishes Two Permanent Bases In Syria To Host Nuclear Warships And Warplanes Russia’s defense ministry has announced it is now in the process of establishing two permanent military bases in war-torn Syria after President Putin authorized prior deals with the Syrian government to move forward. Though Russia maintains merely up to ten military bases on foreign soil, […]

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Systems That Suck Less

Systems That Suck Less Last week’s post on political economy attracted plenty of disagreement. Now of course this came as no surprise, and it was also not exactly surprising that most of the disagreement took the shape of strident claims that I’d used the wrong definition of socialism. That’s actually worth addressing here, because it […]

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Intelligence Insider Warns Of Imminent War: “Likely In The Next 12 Weeks… The Director Of The CIA Told Me”

Intelligence Insider Warns Of Imminent War: “Likely In The Next 12 Weeks… The Director Of The CIA Told Me” Having worked closely with U.S. intelligence agencies over the last two decades, James Rickards was once asked to simulate asymmetric economic attacks on the U.S. financial system. He is an expert at escalation scenarios and end […]

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2017 Year In Review

Tortoon/Shutterstock 2017 Year In Review Markets fiddle while Rome burns Every year, friend-of-the-site David Collum writes a detailed “Year in Review” synopsis full of keen perspective and plenty of wit. This year’s is no exception. As with past years, he has graciously selected PeakProsperity.com as the site where it will be published in full. It’s quite longer than […]

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Beyond Cynicism: America Fumbles Towards Kafka’s Castle

Beyond Cynicism: America Fumbles Towards Kafka’s Castle On America’s ‘long emergency’ of recession, globalization, and identity politics. Credit: alisafarov/Shutterstock Nobody knows, from sea to shining sea, why we are having all this trouble with our republic. — Tom McGuane Can a people recover from an excursion into unreality? The USA’s sojourn into an alternative universe of […]

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Canadian Separatists

Canadian Separatists COMMENT: I think the danger for Canada is not Quebec leaving because they get 11 billion dollars a year given to them by the federal government, it is the provinces paying the bills that are more likely to leave, western Canada in general but especially Alberta which has been getting hosed. As you noted […]

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Trump’s Continuation of US Interventionism

Trump’s Continuation of US Interventionism Criticizing his predecessors for misguided foreign wars, President Trump promised a break in that approach, but his National Security Strategy report indicates a shift more in rhetoric than substance, reports Dennis J. Bernstein. President Trump’s recent report on National Security Strategy supposedly reflected his America First “realism” but his approach […]

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North Korea Declares New Sanctions An ‘Act Of War,’ Refuses To Ever Abandon Its Nukes

   North Korea Declares New Sanctions An ‘Act Of War,’ Refuses To Ever Abandon Its Nukes North Korea strongly rejected the latest United Nations sanctions resolution, calling it an “act of war” against the rogue regime. The U.N. Security Council unanimously decided Friday to impose tougher sanctions on North Korea in response to the North’s […]

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Saudi airstrikes kill 48 Yemeni civilians in 24 hours

Saudi airstrikes kill 48 Yemeni civilians in 24 hours BEIRUT, LEBANON (5:40 P.M.) – At least 48 Yemeni civilians have been killed by the Saudi Coalition in the last 24 hours, the Saba News Agency reported. “A total of 48 civilians, including women and children, were killed and wounded in 51 airstrikes launched by US-backed […]

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Pakistan Opens Fire Along Border Killing Indian Troops, Warns “Nuclear War Cannot Be Ruled Out”

Pakistan Opens Fire Along Border Killing Indian Troops, Warns “Nuclear War Cannot Be Ruled Out” With most of the Western hemisphere on holiday, another crisis appears to be developing on the India–Pakistan border known as the Line of Control (LoC). The incident started on Saturday, where at least four Indian soldiers were killed, in an […]

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Can The US Survive An EMP Attack?

Can The US Survive An EMP Attack?  While there’s no question that a nuclear strike on the Continental US would be utterly devastating, it’s not the only way a rogue state like North Korea could kill millions of American civilians in one fell swoop. Another possibility that is being studied by lawmakers and Pentagon officials […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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