Households Worldwide Wrecked By Soaring Gas, Electric, Fuel, and Food Bills

Pakistan faces the "mother of economic challenges" as record-high global fuel prices begin to lift power bills, Dawn says in an editorial 🇵🇰🚨 Pakistan is slated to pay more than $5 billion (!!) on LNG this fiscal year, roughly double the previous yearhttps://t.co/tY03CULItO — Stephen Stapczynski (@SStapczynski) May 30, 2022 Pasta, bread and crisps among … Read more

Government Spending Is the Real Tax; Deficits Are a Sideshow

by Frank Shostak via Mises Many economists believe that during an economic slump government should run large budget deficits in order to keep the economy going with increases in government outlays, with the consequent budget deficit giving individuals more disposable money. This, in turn, will result in an increase in consumer spending that will lift the economy’s gross … Read more

Memorial Day Update! US Dollar Declining, Gasoline UP 92.4% Under Biden, Food UP 60%, Rents UP 14.75x (Traveling Will Cost A Lot More! But So Does Renting)

by confoundedinterest17 Memorial Day weekend is one where families often travel to meet relatives and friends, or travel to Washington DC to remember those who have died in the service of our country. But traveling has gotten a lot more expensive under Biden. Gasoline prices are up 92.4% under Biden, while food prices are up 60%. … Read more

Michael Pento: Sell The Bear-Market Bounce

via Pento Portfolio Strategies Bear market bounces are violent yet short-lived. The latest excuse for an oversold rally was provided by JP Morgan’s Jamie Dimon. The bank’s CEO stated at Morgan’s Investor Day Conference on Monday, May 23rd, that the US economy remains strong despite gathering storm clouds. He said, “I’m calling it storm clouds because … Read more

Australia – Green in Control

by Martin Armstrong The world has been taken over by the “Greens” who want to destroy all fossil fuel production fearing that if the tide turns, they will lose this opportunity. We are seeing the same push from Germany, the United States, Australia, Canada, and New Zealand. The AGENDA IS TO ACTUALLY DESTROY THE CAPACITY … Read more

South Korea – (not) funny joke.

by _V_L_ Did you hear the one about a country that injected its population with a product to protect them against a disease that wasn’t deadly and ended up killing them with the product instead? And the other one about them giving more and more of it, the less it worked as intended? Do NOT … Read more

Guardian columnist says farming should be ABOLISHED to save the planet

Says meat can be replaced with lab-grown food like protein pancakes * Guardian columnist George Monbiot made the claims in his new book Regenesis * He described livestock farming as ‘phenomenally profligate way’ to make food * He suggested the world could turn to bacteria based foods for protein instead * But farmers have hit back at the suggestion … Read more