By far the most requested guest from listeners is John Michael Greer and I am pleased to have finally have him on as a guest. Although at first glance I wondered why listeners were so enamored with this gentleman with the long beard who writes for the blog The ArchDruid Report, but I soon found out that JMG's perspectives on many subjects pertaining to economic, techno-industrial, and Peak Oil concerns were in-line with typical guests on Two Beers With Steve.
In this discussion we delve into many topics starting with Druidry and then moving into Peak Oil and the ASPO conference. Interestingly enough JMG was a guest speaker at the ASPO conference and details that difference between the 'suits' and 'sandals' crowd. We also talk about the impact of a world affected by oil shortages and I ask John Michael if he holds out hope for any new technologies that will fill the gaps left by diminishing oil production (and I asked that question with a straight-face mind you).
For the hardcore crowd who can't get enough Two Beersy talk I added on a five minute after-interview discussion I had with JMG that I thought would be interesting to anyone listening. Just let the music play and the credits roll at the end of the podcast and you'll be rewarded.
Patrick of Patrick.net stops by to discuss the housing market. Much of what we discuss has been talked about before concerning housing but in this discussion we have the benefit of a long period of hindsight. We trace the housing crash from its origins through today and then Patrick offers his version of what the future holds for us. Patricks forecasting of the future is insightful because he incorporates the failures of other nations that have faced the same dilemma as the US (mainly Japan) and we are just re-tracing their steps.
Never before has this program, Two Beers With Steve, had a guest who was as far into the Mainstream Media Culture as Jeff Cohen has been. Jeff Cohens bio reads like a guest on the McLaughlin Group, not this ol' shabby program... but please, nobody tell Jeff.
I thoroughly enjoyed interviewing Jeff Cohen and I also thoroughly enjoyed his book Cable News Confidential (2006). Even though people have made the criticism of Jeff Cohen that he is a typical left-wing liberal I think his book and his rhetoric go beyond the two-party paradigm to expose something larger; corporate control. He speaks as though he has no mainstream media career to protect anymore and that may be true since he has established himself firmly in the alternative media system.
This show was a departure from traditional topics but still is fascinating and worth a double-listen. Take care and let me know what you think about this topic... I'd be interested in knowing.
I've had some difficulties loading up this podcast so please bear with me, the recording of this podcast also had some irregular difficulties. Someday I'll eventually figure this all out.... someday.
In this episode KMO of the C-Realm Podcast stops by to talk about his recent book (Conversations On Collapse), his Podcast, and the Eco-Village. We also explore many other topics including talking about KMO's tales of the road as he has been couch-surfing while promoting his recent book. The conversation also veers into talking about technology and Kevin Kelley's recent book 'What Technology Wants'.
In my first ever interview with Gonzalo Lira we cover a multitude of topics, many of the topics are applicable to the current events that our world now faces and a few other topics are thrown in for good measure and a whole lot of fun. But ultimately, the conversation was informational and important.
The reason we came together to talk was the events surrounding the Irish Banking Crisis that is unfolding in real time. The domino's are slowly starting to fall across the Euro-Zone area and the solutions. GL makes many predictions as well as a defined commentary on the events that led up to the crisis.
Probably the 'gem of the show' was GL's take on the movement of money into commodities and the reasons why. During the editing process I picked up on a few comments he made that I hadn't fully comprehended.
Steve Crower returns to give his latest insight on Peak Oil, or rather the introduction of the term 'Plateau Oil'. The Plateau Oil term refers to the introduction of both new technologies that increase the existing oil fields (marginally improving the yield) and new technologies that bring shale oil to the market. The effect will be a plateau-ing of oil production or, to put it differently, oil supply. The demand part of this equation remains a question mark but we spend most of our time in this interview discussing the supply side.
Josh Kosman returns to once again talk about the Private Equity industry, an industry many of us have little knowledge of and an industry that greatly impacts all of us.
The facts are that the number two private employer in this country is a Private Equity firm, KKR, and among the top ten private employers in this country five of those companies are PE companies. There is no question that PE firms have a direct impact on our economy and thus should be on the radar screens for anyone following the economy.
I asked Josh Kosman to come back on the show to give us an update on PE since we last spoke and to my surprise they are making a dramatic comeback. The reason is simple, with the Federal Reserve keeping interest rates far below the natural rate of interest the investment managers at pensions and mutual funds are looking for some yield to meet the hurdle rate (minimum acceptable rate of return) that is mandated by the fund.
In effect, the Fed is pushing money right into the hands of the very PE firms that saddle good American companies with debt while gutting the infrastructure at the same time. It is a deal that leaves the companies unable to compete internationally and makes the US less competitive as a result. Hopefully Josh can give us some good news that things are changing...
Buy the book "The Buyout of America" by Josh Kosman
Dave Pollard, author of the How To Save The World blog, joins me in an episode dedicated to our Culture of Dependency and how our civilization has evolved into a highly complex system that lacks the resilience to handle the multiple crises that we now face.
This episode examines the structure of our complex society and how it has been a product of an era of abundant cheap energy (ie. petroleum oil). We also discuss overshoot and what that means to future societies. Along those same lines we talk about a transition to steady-state economics (while hashing out the probability of it ever being implemented).
A truly enjoyable guest and a great episode. Thank you all for listening. Towards the end of this podcast we talk about how the listening and reading community is as much a part of the New Revolution as the speakers and writers.
-Ol' Two Beers
Dave Pollards Book Finding the Sweet Spot
The Upside of Down by Thomas Homer-Dixon
In the absence of a guest I pick up the microphone and go the distance by myself and recount the events that occurred while on my trip to North Carolina. Oh... the things I learned. It was certainly an eye-opening experience and I share my experiences in this episode.
I also tell the tale of what it was like to be inside the halls of one of the nations best B-Schools, Duke University's School of Fuqua. Interesting stuff and worth a listen (or two).
Towards the end I give my rebuttal to the argument that Ol' Two Beers is against Progress. It is utter nonsense that I want to return to the days of yore and I defend myself against such a simplistic view. I think anyone who confronts this very same argument will be armed to the hilt with counter-argument weaponry that is the equivalent of ICBM's just by listening to the last 15 minutes of this podcast.
Many of us know the proponents of hyperinflation; Marc Faber, Gonzalo Lira, the National Inflation Association, and maybe even Peter Schiff falls into this category. When we look to countries that have experienced hyperinflation in modern times we can see direct parrallels between their monetary policies and that of the US's in the past few years and we can draw a quick conclusion that we will experience hyperinflation as well.
In this interview with Erik Townsend, enterpeneur and private investor, Erik argues that this conclusion is too simplistic and does not take into account the 'Five Fundemental' differences between the US Dollar and those currencies mentioned as examples of hyperinflation.
Are you going 'Sane' in a Crazy World? Are you having difficulty relaying to your spouse the predicament that we face as a nation, or as a planet?
In this episode we examine the pysche of what it is like to unplug from the Matrix and see reality for what it is, not what we want it to be. Kathy McMahon, a certified psychotherapist who specializes in clients who suffer from anxiety, fear and depression brought on by the realization of how real our reality is. Kathy is a therapist who 'gets it', she has done the research, is brilliant enough to know that you cannot a finite resource ad infinitum, and realizes that we may be near or past Peak Oil.
This episode was at the same time a departure from our normal topics yet very necessary and relevant to what we discuss. Many of the insights Kathy said had me saying 'that happened me too'. I think this a must-listen for everyone aware of Peak Oil.
Another episode with well known blogger Charles Hugh Smith of www.oftwominds.com. This time around it is less of an interview and more of a disucssion about reasons to be optimistic and a few solutions that you can implement in your life that will make a large difference. This discussion eventually evolves into a conversation about the way that I (Steve) eat at my house and the diet my wife and I follow.
To be truthfully honest about this episode, I really couldn't hold my tongue and be the one asking questions when the topic crossed over into diet because it is a topic that is near and dear to my heart. I may not be a physician or nutritionist but I have plenty of anectdotal evidence, plenty of self-education, and plenty of logic to back up my case that the American Diet is the culprit for the worlds most expensive healthcare system (although I don't call it a healthcare system because they never actually discuss health when politicians argue over which system is best).
I apologize for the speed in which I talk when I get excited... holy crap. I was speaking at a pace that I have never heard before. Wow, I really wanted to cram a whole lot of information in a matter of seconds. During the editing process I realized just how blinding my speech cadence was. I can't imagine a trained host performing any such stunt, it is truly us amateurs doing the quick-talking.
Most notable links to check out:
Eat to Live by Dr. Joel Fuhrman
CDC's Obesity Epidemic Map Awesome Link!
Simply Raw Reversing Diabetes in 30 Days!
A great conversation with the author/blogger Charles Hugh Smith who writes for the OfTwoMinds blog. We cover topics such as the financialization of our economy, the wealth and income gap, social and political subjects, and the various definitions of capitalism.
Although CHS and I weave in many topics into this episode we ran out of time to hear CHS's opinions on why we should be optimistic and hopeful of the future. That is why next week I will be inviting CHS back for another hour long discussion on Survival Preparation, Health, Diet, Organic Gardening, etc.. Should be another great chit-chat. Stay tuned.
Survival+: Structuring Prosperity For Yourself and the Nation The 5-Star rated book by CHS, available on Amazon
Click on this link to go immediately to Itunes for download (you can also subscribe to 2BwS here).
Ferfal IS... the INconvenient Truth. Within the realm of possibility is the scenario where chaos erupts and social unrest leads to a violent chain of events. Also within the realm of possibility is the scenario where very little happens and crime just ticks up just a bit. Nobody knows the future and everyone's view of what will happen are mere probabilities at the moment (although some probabilities have much higher chances of being realized).
In this podcast I lay the groundwork for why I think we will suffer a collapse of some sort, either a big or small one. Then we delve into what happens, how to prepare, what being 'one minute too late' means, and other topics. It was a great discussion and I welcome everyones input as to what they think will happen and why.
Ferfal's book Modern Survival Manual: Surviving the Economic Collapse which has a rating of 4.5 Stars on Amazon.com
You can email at twobeerswithsteve(at)hotmail.com, replace the (at) with an @ when emailing, this is my way of averting thousands of spam emails.
Rioting, protesting in the streets, chaos, political and social unrest.
This describes the collapse of the Argentinian economy and the hyperinflation of its currency. In 2002 the people of Argentina experienced such a scenario and I talk with Fernando Aguire who blogs from Buenos Aires about what is was like to experience it firsthand and what he thinks are similiarities and differences in our situation in the US.
Ferfal's book Modern Survival Manual: Surviving the Economic Collapse which has 4.5 Stars on Amazon.com
You can subscribe to Two Beers With Steve through Itunes and receive automatic downloads by following this link
It's been too long between podcasts and I couldn't nail down a guest so I decided to go it alone this time. The reasoning behind this title is hidden inside the dialogue of this episode and in short, this podcast serves my selfish need to have good conversations more than I would hope it serves my audience... I'm sorry, I'm deeply sorry. (You know that I am just kidding, right?)
I cover a few topics such as having coversations with folks about the issues discussed on Two Beers With Steve, Wall Street 2, Gold at 1300, the collapse of Argentina.
A Two Beers With Steve 'Jam' Session where Nathan Martin of Nathans Economic Edge discuss many topics; propaganda, koran burning, net neutrality and Jim Puplava of Financial Sense Newshour.
Phil Davison Nomination Speech - An epic fail video.
Interview with Ana Sofia Joanes, director of the new film Fresh.
The newly released film Fresh once again uncovers the dangers of monoculture farming and consolidated animal feeding operations. Nature has fought began fighting back and it is becoming evident that industrializing our food system was a bad bad idea. But can we abandon it and if we could how would we ever be able to feed ourselves.
Ana's film isn't Malthusian doomsdaying, it is quite the opposite. Fresh meets with sustainbale and organic farmers who are making a difference, farmers who have solutions. The solutions they offer make environmental sense while at the same time making economic sense.
I purchased the movie Fresh for a personal home screening where I invited fifteen people from my community for an evening of good food and an important documentary. You can do the same thing in your community.
Mike "Mish" Shedlock stops by for two beers but I only get a chance to polish off one beer because unfortunately we only had 30 minutes.
Although the interview was a brief one I stayed out of Mish's way while he talked about deflation, Helicopter Ben, college students, walking away from home mortgages, and everyone's favorite question 'what should the average investor do?'.
We will definitely be talking with Mish again in the future and getting a little bit more behind the scenes on when he thinks all this debt will eventually matter, meaning does he think that kicking the can down road eventually ends? Trillions have been promised in entitlements but where is the money coming from? Lots of lots left to be asked.
For those of you looking to get a better sense of the inflation vs. deflation argument I would urge you to make a donation of $1 or more and get my inflation vs. deflation newsletter where many of the basic arguments are made for both cases and what the probability of both cases are.
Thanks for listening,
This is the second podcast in a series of podcasts that we are having with Nelson Lebo about tools for the thrifty gardener as well as the Post-Peak-Oil Farmer (both are very simliar as we discuss in the podcast).
We manage to chat about three more tools in this installment; the tine rake, the hoe, and the scythe. But as we bring up each tool we then contintue into a conversation surrounding the Tool, Timing and Technique (TTT, popularized by Nelson himself) that provides the listener (and myself) with a great deal of knowledge. Other side topics include composting, raised beds, and mowing your lawn a scythe!
What is an Austrian School Economist? What principles do they believe in and what do they think of our current situation?
I've heard on many podcasts and interviews someone refer to themselves as an Austrian Economist and wondered what that meant. Sure, I understood those from the Austrian School were non-interventionalists and anti-bailout but what else do they stand for?
In this interview Douglas French, President of the Ludwig Von Mises Institute stops by to talk about the Austrian School of Economics. We discuss many issues concerning Austrian Economics including libertarianism, liberalism, and free markets.
If you have never been to the Mises.org website then please spend 4-5 minutes cruising the vast resources of excellent material. You'd be amazed at the amount of information that is availbale for free on their website, and don't forget to pick up a Rothbard Flask in the Site Store, Two Beers Approved!
Ian Gordon gives me an education on the Kondriatev Cycle and what it means to our current economy. The kondratiev Cycle is typically divided into four seasons with each season signifying a phase in the natural cycle of a capitalist economy. A spring signifies a rebirth of the economy and winter signifies a difficult period of purging all the bad debts from the economy. Winter Cycles are usually when the economy experiences a depression.
A more sensational title to this podcast could have been 'Ian Gordon predicts Dow 1000!' but I chose not to and instead chose to make the Kondratiev Cycle the focus of this podcast. Ian Gordon surely makes the profound statement that the Dow will grind down to 1000 as the equity markets are purged of bad debts and malinvestment. To learn of possible investment safeguards against such a deflationary event tune into this great episode.... and yes, we do talk about gold and cash.
Work by Ian Gordon and the Longwave Group Free to view but you must create an account... quick and easy.
I talk with Nelson Lebo about essential tools of a post-petroluem world... or for whatever world you live in (a modern world, a world where credit has dried up and food deliveries are erratic, a world where you care about the food you eat and where it comes from, a world where you realize that anything that ends with a -cide means death).
We only get as far as talking about one essential tool but we learn about many of the techniques that Nelson uses to preserve that tool and how to be the most effective with it.
Jack Spirko of the Survival Podcast stops by to educate Ol' Two Beers on Modern Survivalism. We also talk about Jacks background, the beginnings of his podcast, and where the future may very well lead us.
Both Jack and I spend alot of time talking on this podcast about many of the shortcomings of our modern society and how our ability to handle crisis is limited. Jack also details the differences of our grandparents ability to handle the Great Depression differs from our current generation, and how this particular financial bomb will have more of an impact on our society...
But the episode is not all Fear and Loathing in 2010... the episode is actually uplifting and optimistic. Jack speaks as though he's come from the future and he is here to spread the good news... that we all live in the end, and we manage to lean on our brothers in hard times and we get through this.