{"id":3351,"date":"2014-12-21T12:28:35","date_gmt":"2014-12-21T17:28:35","guid":{"rendered":"http:\/\/olduvai.ca\/?p=3351"},"modified":"2014-12-21T12:28:35","modified_gmt":"2014-12-21T17:28:35","slug":"2014-year-in-review-david-collum-peak-prosperity","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=3351","title":{"rendered":"2014 Year in Review &#8211; David Collum | Peak Prosperity"},"content":{"rendered":"<p><a href=\"http:\/\/www.peakprosperity.com\/blog\/89840\/2014-year-review\">2014 Year in Review &#8211; David Collum | Peak Prosperity<\/a>.<\/p>\n<blockquote style=\"position: relative; font-style: normal; border-top-left-radius: 2px; border-top-right-radius: 2px; border-bottom-right-radius: 2px; border-bottom-left-radius: 2px; background-color: #f2f8f9; padding: 10px 20px 10px 20px; margin: 20px; border: 1px solid #dddddd;\">\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\"><em>Every year, friend-of-the-site\u00a0<a style=\"text-decoration: none; color: #206282; font-weight: bold; padding: 0px; margin: 0px;\" href=\"http:\/\/www.peakprosperity.com\/blog\/mapping-fugly-future-david-collum\/53003\" target=\"_blank\">David\u00a0Collum<\/a>\u00a0writes a detailed &#8220;Year in Review&#8221; synopsis full of keen perspective and plenty of wit. This year&#8217;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&#8217;s quite longer than our usual posts, but worth the time to read in full. A downloadable\u00a0pdf\u00a0of the full article is\u00a0<a style=\"text-decoration: none; color: #206282; font-weight: bold; padding: 0px; margin: 0px;\" href=\"http:\/\/s3.amazonaws.com\/cm-us-standard\/documents\/2014-Year-in-Review-Collum.pdf\" target=\"_blank\">available here<\/a>, for those who prefer to do their power-reading offline. &#8212; cheers, Adam<\/em><\/p>\n<\/blockquote>\n<h2 style=\"font-size: 22px; line-height: 25px; font-weight: normal; padding: 0px; margin: 30px 0px 5px 0px;\"><a style=\"text-decoration: none; color: #206282; font-weight: bold; padding: 0px; margin: 0px;\" name=\"background\"><\/a>Background<\/h2>\n<blockquote style=\"position: relative; font-style: normal; border-top-left-radius: 2px; border-top-right-radius: 2px; border-bottom-right-radius: 2px; border-bottom-left-radius: 2px; background-color: #f2f8f9; padding: 10px 20px 10px 20px; margin: 20px; border: 1px solid #dddddd;\">\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">\u201cI don&#8217;t write about what I know: I write to find out what I know.\u201d<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">~Patricia Hampl<\/p>\n<\/blockquote>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">Every December, I write a Year in Review<sup>ref<\/sup><sup>\u00a01\u20137<\/sup>\u00a0first posted on Chris Martenson\u2019s website Peak Prosperity<sup>ref<\/sup><sup>\u00a02<\/sup>with a secondary posting at Zero Hedge.<sup>ref 3<\/sup>\u00a0What started as a brief introspective shared with a handful of e-quaintances has mutated into a detailed account that has accrued as many as 100,000 clicks. Each year I try to identify themes in events that evolve. As the title suggests, I have not seen a year in which so many risks\u2014some truly existential\u2014piled up so quickly. Each risk has its own, often unknown, probability of morphing into a destructive force. Groping for a metaphor\u2014I love metaphors and similes\u2014I feel like we\u2019re in the final throes of a geopolitical Game of Tetris as financial and political authorities race to place the pieces correctly. But the acceleration is palpable. The proximate trigger for pain and ultimately a collapse can be small, as anyone who\u2019s ever stepped barefoot on a Lego knows.<\/p>\n<blockquote style=\"position: relative; font-style: normal; border-top-left-radius: 2px; border-top-right-radius: 2px; border-bottom-right-radius: 2px; border-bottom-left-radius: 2px; background-color: #f2f8f9; padding: 10px 20px 10px 20px; margin: 20px; border: 1px solid #dddddd;\">\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">\u201cIf the world seems to be turning \u2019round faster than ever, you\u2019re not alone. Grab hold of something, it shows no sign of abating.\u201d<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">~Josh Brown, CEO of Ritholtz Wealth Management<\/p>\n<\/blockquote>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\"><!-- [if gte mso 9]><xml>\n <o:OfficeDocumentSettings>\n  <o:AllowPNG\/>\n <\/o:OfficeDocumentSettings>\n<\/xml><![endif]--> <!-- [if gte mso 9]><xml>\n <w:WordDocument>\n  <w:View>Normal<\/w:View>\n  <w:Zoom>0<\/w:Zoom>\n  <w:TrackMoves\/>\n  <w:TrackFormatting\/>\n  <w:PunctuationKerning\/>\n  <w:ValidateAgainstSchemas\/>\n  <w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid>\n  <w:IgnoreMixedContent>false<\/w:IgnoreMixedContent>\n  <w:AlwaysShowPlaceholderText>false<\/w:AlwaysShowPlaceholderText>\n  <w:DoNotPromoteQF\/>\n  <w:LidThemeOther>EN-US<\/w:LidThemeOther>\n  <w:LidThemeAsian>JA<\/w:LidThemeAsian>\n  <w:LidThemeComplexScript>X-NONE<\/w:LidThemeComplexScript>\n  <w:Compatibility>\n   <w:BreakWrappedTables\/>\n   <w:SnapToGridInCell\/>\n   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