Peak Prosperity: Bizarro World: The Herd Has Truly Gone Mad

PeakProsperity.com is an insightful, interesting, and informative website for investment articles, ideas, and advice, and was co-founded by Chris Martenson and Adam Taggart. Chris Martenson is an independent economist and principal author of the Peak Prosperity website. His Crash Course video series explores the intertwining significance of the “three E’s”— economy, energy, and environment, and offers articulate and dynamic insight into the workings of the monetary system. Adam Taggart, in addition to writing articles, handles the business side of Peak Prosperity. He is an experienced Silicon Valley internet executive and Stanford MBA.

The weekly Peak Prosperity newsletter covers a wide range of topics that should be of interest to a diverse audience of investors.

Today’s article author, Adam Taggart, believes that “… we are now living during an era of self-destructive mass delusion, when the majority is pursuing — even cheering on — behaviors that undermine its well-being.” The article talks about (1) Bizzaro Economics, wherein we are heading for recession; (2) Bizzaro Energy, where we should be treasuring our finite fossil fuel resources; (3) Bizzaro Environmentals, where our habitat and the species contained in it are under siege, all for capital gain.

The Author’s conclusion:  He firmly believes “… that developing a more resilient way of life, of living within our financial/energetic/ecologic budgets, both as individuals and as a society, is our path out of the tremendous hole we are currently creating for ourselves.”

You can access this detailed commentary by clicking HERE

About Bob Weir 3242 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).