The Worst Economic Gloom In 50 Years

by Michael We haven’t seen anything like this in decades.  Energy prices are soaring to unprecedented heights.  Food shortages in some parts of the world are starting to become quite severe.  Rampant inflation is out of control all over the globe.  Meanwhile, …

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If there was only one causal factor nudging the economy into recession, it might be a mild, brief recession. But with five conditions in confluence, this recession will be unlike any other.

by Charles Hugh Smith on Of Two Minds: Recessions reliably arise from the confluence of these conditions. Note that any one condition can trigger a recession, but no one condition guarantees a recession. Severe, long-lasting recessions occur when multiple conditions arise …

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COW FARTS WILL COST FARMERS

New Zealand on Wednesday released a draft plan to put a price on agricultural emissions in a bid to tackle one of the country’s biggest sources of greenhouse gases, belching sheep and cattle. The proposal would make New Zealand, a …

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GFC 2.0 at higher base and higher rate of interest

Falling consumer sentiment. Crushing inflation. Declining real wages. Savings are being drawn down rapidly. Credit card usage is soaring. Mortgage cash-out refinancing is not economical. Fiscal stimulus is unlikely.https://t.co/8DeKrIaCZ1 — Michael Lebowitz, CFA (@michaellebowitz) June 8, 2022 https://t.co/B4SAzERpYc — Win …

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Janet Yellen lies again about efforts to bring down energy prices. They have cancelled oil/gas leases. They have cancelled pipelines… Tucker Carlson: Why does she still have her job?

https://twitter.com/WallStreetSilv/status/1534596117395935234 SHOT: Biden claims ‘more Americans feel financially comfortable’ since he took office. Chaser: Majority Now See Another Depression Ahead. “Be the f***ing president!”: Dems despair as Biden’s job approval hits lowest mark ever.

Safe And Effective, Right? Wrong!

by Chris Black Nothing to see here, definitely not the death jab… NEW – Doctors seek answers to why healthy young people are dying suddenly and unexpectedly from a mysterious syndrome.https://t.co/IxLP3ZjdKZ — Disclose.tv (@disclosetv) June 8, 2022 Good read: Salk’s …

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John Rubino: Let them eat gasoline!

Dollar Collapse – Twitter, Released on 6/8/22 Shocking and reVOLTING: Let them eat gasoline. (She doesn't need it, so no one does. One wonders, though, if her half brain cell has asked where the already overburdened electrical grid is going …

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