Peak Prosperity, Released on 1/13/25

The California fires are both literally and metaphorically alarming. At face value, they represent an enormous tragedy for the afflicted people. The same, for me, as those of Lahaina Hawaii, or Western North Carolina. I do not place a premium on rich people’s suffering. However, the economic scale of the CA fires is magnitudes higher which could have national economic and financial consequences. Could this be the pin that finally bursts the many financial bubbles?

Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar which later became a book called The Crash Course. Chris’ latest book (co-authored with Adam Taggart) is called Prosper!: How to Prepare for the Future and Create a World Worth Inheriting.

  CA Fires, financial bubbles