Walgreens Rationing Baby Formula

by Martin Armstrong Walgreens announced that it has begun to ration baby formula amid the supply chain crisis. The rule will go into effect for all 9,021 locations. Customers may only purchase three infant and toddler formulas per visit due to “increased …

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The Supply Chain Crisis Will Worsen

by Martin Armstrong The supply chain issues across the world are continually worsening due to government mismanagement. It seems as if there are sinister intentions at play, as these new restrictions seem to be a deliberate attempt to destroy the global …

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Sri Lanka has defaulted on 51B

Faced with critically low forex reserves, Sri Lanka on Tuesday announced that the crisis-stricken country will default on its external debt pending a bailout package from the International Monetary Fund. A statement from the finance ministry said, “it shall be …

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We Have Hit the Drain

by Chris Black We were circling for a while. During that time, you think there might be a way to escape the whirlpool heading down. However, going down the drain was always inevitable. We are witnessing the death of commerce …

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Concern For Stonks

by Craig Hemke via Sprott Money News Last week, a former high-ranking Fed official disclosed that the Fed is determined to “break” the stock market. If they succeed in this, the impacts will be felt across all markets, so maybe we should take …

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CA Looks to Reduce Work Hours to 32

California legislators proposed a new bill that would allow employees of bigger companies to work fewer hours in a week without losing any income, which critics said would become a “job killer.” Assembly Bill 2932, introduced by Assembly Members Cristina …

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Yes, It Is Different This Time

by Charles Hugh-Smith Most people would be horrified by a 40% decline in their “investments.” When bubbles pop, speculative assets don’t drop 40%, they drop 90% or even 98%. The irony of the sudden panic about real-world inflation generated by …

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