India Journalist States This is a War of the West’s Creation

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by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2022/03/Arnab-Goswami.mp4 It is so refreshing to listen to a REAL journalist for once – something was seriously forgotten in America and Europe. Arnab Goswami is an Indian news anchor and journalist, who is the managing director and editor-in-chief of Republic Media Network. He is calling this as it is – a Western creation of WAR … Read more

No One Could Have Predicted This

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by Chris Black RUSSIA WILL NO LONGER PROVIDE… – 11% of global oil supply – 17% of global NatGas supply – 11% of global PM production – 11% of global Wheat production – 10% of global Ind Minerals production, including 40% of palladium production. Palladium is used in electric vehicles, which the Biden administration claims … Read more

Biden issues executive order to explore cryptocurrency-like digital dollar. It’s finally happening, officially…

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President Biden signed an executive order on Wednesday to explore establishing a U.S. Central Bank Digital Currency (CBDC) — also known as a “U.S. digital dollar” — akin to a cryptocurrency. One key difference between the digital dollar and cryptocurrency is that the former would be subject to some regulation by central banks. So, for … Read more

Is The Stock Market Starting To Discount An Earnings Recession? Part Deux

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by jessefelder  About five months ago, after the stock market started to correct last fall, I suggested in a blog post the weakness might be due to the fact that it was increasingly looking like there might be an earnings recession on the horizon. Stocks rallied from that point but breadth continued to deteriorate, insider selling surged and the monetary tailwind … Read more

Karl Denninger: We Are In A Recession NOW

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Sir, I’m sorry your plan to defer the economic harm from all the overspending in the pandemic has not worked out; we thought perhaps if we didn’t raise interest rates aggressively a few months ago we might get through November’s elections first.  Sadly that didn’t work. — POTUS Economic Advisors. Why? Several reasons, with the … Read more

Russia’s central bank on Wednesday announced that it is prohibiting citizens from using rubles to buy dollars

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As it scrambles to keep the ruble’s value from plummeting further, Russia’s central bank on Wednesday announced that it is prohibiting citizens from using rubles to buy dollars and other hard currencies for the next six months. “Banks will not sell hard currency to citizens during the period of the temporary order,” the central bank … Read more

US Threatens Chinese Companies with sanctions. (China’s response added)

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The Biden administration could “essentially shut” down Semiconductor Manufacturing International Corporation or any Chinese companies that defy U.S. sanctions by continuing to supply chips and other advanced technology to Russia, Ms. Raimondo said in an interview with The New York Times. https://www.nytimes.com/2022/03/08/technology/chinese-companies-russia-semiconductors.html Beijing has pledged to defend Chinese companies and individuals trading with Russia against … Read more

Biden to sign executive order that could bring U.S. one step closer to a digital currency.

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A U.S. digital currency could be on the horizon. The Biden administration is putting its support behind the research and development of a “U.S. Central Bank Digital Currency,” or CBDC. The move is part of a sweeping executive order President Joe Biden signed Wednesday instructing the federal government to explore possible uses of and regulations … Read more

This is indicative of a society that is folding in on itself….

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(Breitbart) Through teacher training lectures with titles like “Cultivating Anti-Racists and Activists in Kindergarten,” “Decolonizing the Minds of Second Graders,” and “The White People Way,” the nation’s leading accreditation association for private schools is instructing educators to adopt a race-essentialist and cultural Marxist curriculum for children as young as five years old. The National Association … Read more

Man who received pig heart in ground-breaking transplant dies two months after surgery

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A terminally ill man who received a genetically-modified pig’s heart in a groundbreaking transplant has died two months after the surgery. Maryland hospital announced that David Bennett, 57, died on Tuesday. No exact cause of death has yet been established, but doctors said his condition had been deteriorating for several days. Mr Bennett’s son, David … Read more

HALF of Americans quit jobs last year…

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If you want to change careers, you are not alone. It turns out the “Great Resignation,” also known as the “Great Reshuffle,” has many Americans rethinking the type of work they are doing. Some 53% of employed U.S. adults who quit their job in 2021 changed their occupation or field of work at some point … Read more

$3,000 More For Gas & Food

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Prices at the pump have now soared to $4.173 per gallon for regular gasoline, according to Price Information Service (OPIS). This firm collects and calculates US pump prices for American Automobile Association (AAA). On Monday evening, prices surpassed the previous record high set in 2008 and continue marching higher Tuesday. As gasoline prices increase and inflation reaches … Read more

Biden economic advisor Brian Deese: The Goal for U.S. is to Reduce Fossil Fuel Use to “Zero.”

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Biden economic advisor Brian Deese: "The only viable path to energy independence" is to reduce fossil fuel use to "zero." pic.twitter.com/49q1Nav5hC — RNC Research (@RNCResearch) March 8, 2022 Loosening environmental regulations won’t lower prices. But transforming our economy to run on electric vehicles, powered by clean energy, will mean that no one will have to … Read more

Goldman’s EM financial conditions index is now the highest since Jan 2009.

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Many emerging markets may benefit from soaring energy and commodities prices, but tightening financial conditions will take their toll. And Goldman's EM financial conditions index is now the highest since Jan 2009. pic.twitter.com/z7CavcTXPM — Jamie McGeever (@ReutersJamie) March 9, 2022 The sales of mainland real estate continued to be weak in February. Brokerage Furui released … Read more

Thursday may bring a historic CPI reading, estimated to come in at the highest level in 40 years around 8% year-over-year.

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Thursday may bring a historic CPI reading, estimated to come in at the highest level in 40 years around 8% year-over-year. Readings like this really cast in to doubt the strength of the real (vs nominal) economic recovery.#inflation pic.twitter.com/CtbvZ6Z1xt — Markets & Mayhem (@Mayhem4Markets) March 7, 2022 Jerome Powell’s balancing act of trying to tame … Read more