marketcrash
bitcoincrash
pensions
nationaldebt
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debtcollapse
World War III
05/06/2022
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By News Editors
The great currency reset and why Europe is trapped
There’s a lot of news flying around about the changes happening in global currency trading. (Article republished from TomLuongo.me) From “Gas for Rubles” to “What the Hell is Going on With the Yen?” there are a lot of questions and very few answers as to what it all means and whose on which side of […]
05/04/2022
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By Arsenio Toledo
Countries racing to take over global agriculture market following disappearance of Ukrainian and Russian food exports
Multiple countries are rushing to increase their agricultural output to make up for the disappearance of Russian and Ukrainian agricultural exports as a consequence of the war. Ukraine, known as the breadbasket of Europe, is still mostly unable to tend to its rich agricultural fields due to Russia’s invasion. Similarly, due to the Western economic […]
05/03/2022
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By News Editors
US economy crashes headlong into recession
Is it too extreme to say an annualized GDP growth number of minus 1.4% this quarter puts us in recession in this quarter, and is it too extreme to call that a “crash?” No, it is not in the least extreme, and I’ll tell you why, even though the standard definition of a recession is two consecutive quarters of negative GDP change. (Article […]
04/26/2022
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By News Editors
Shocks to the system
There is something about being detached from reality that makes it hard to go about your everyday business. In the quaint asylums of yore, it was understood that a few shocks to the system could bring lunatics out of a fugue state of derangement — a cold water plunge… an insulin hot-shot to induce convulsions… […]
04/22/2022
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By News Editors
David Stockman on inflationary hell that’s about to break loose
It is only a matter of time before Kiev surrenders to the Russians, with or without their clown-car president signing the armistice. But that deal will be so onerous from Washington’s perspective that it will not mark the end of the sanctions war, but will be an excuse for its actual intensification and indefinite prolongation. […]
04/15/2022
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By Mary Villareal
EU looking at embargo on Russian oil products, potentially causing another supply chain catastrophe
European officials are now drafting plans for an embargo on Russian oil products, the most contested measure yet in punishing Russia for its invasion of Ukraine. After banning Russian coal – a move that sent coal prices around the globe at all-time highs – the European Union (E.U.) is now likely to adopt a similar […]
04/15/2022
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By Arsenio Toledo
Prices of wholesale goods in Germany post largest annual increase in 60 years
Germany’s year-over-year wholesale prices for March surged, with the country experiencing its biggest increase since wholesale price indexes were first calculated 60 years ago. This is according to the German Federal Statistics Office, known as Destatis, which recently released a report showing that wholesale prices of food, fuel and minerals increased by 22.6 percent in March […]
04/14/2022
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By News Editors
On the heels of Russia’s dollar bond default, Sri Lanka defaults on its dollar debt – who is next to destabilize just so its people can eat?
Noted journalist (once upon a time journalists were actually recognized as ‘noted’-not just paid off propagandists) and author Alfred Henry Lewis said in 1906, “There are only nine meals between mankind and anarchy.” (Article by Stan Szymanski republished from EncouragingAngels.org) According to Bloomberg | Quint: ‘Sri Lanka warned of an unprecedented default and halted payments on […]
04/06/2022
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By Kevin Hughes
Business and investing podcaster M.C. Laubscher: Entire world will suffer because of sanctions on Russia
Russia and the rest of the world are going to suffer because of the Russian sanctions, according to well-known business and investing podcaster M.C. Laubscher. “So these sanctions, if you want to break it down, who does the sanctions really hurt in the long run? Well, all of the people all over the world are […]
04/05/2022
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By News Editors
President Putin’s full remarks at the oil for ruble announcement
Today I have signed an Executive Order that establishes the rules for trade in Russian natural gas with so-called unfriendly states. We offer counterparties from such countries a clear and transparent scheme. To purchase Russian natural gas, they must open ruble accounts in Russian banks. It is from these accounts that payment will be made […]
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