by Michael I hope that you are enjoying these beautiful summer weekends while you still can, because it appears that very troubled times are dead ahead. Simultaneously, inflation continues to spiral out of control even as economic activity in the U.S. dramatically slows down. Many have compared what we are currently experiencing to the “stagflation” … Read more
More than 10 years ago Chaos Theory founder Mandelbrot and his heir apparent warned of the coming disaster in the financial markets. To summarize: Our economy is out of control and there is no fixing it. AC
by LeonidasSpartan2 Economic myth: the gold standard caused/contributed to the severity of the Great Depression. Reality: the great depression was largely caused by central banks & govts. They’ve largely succeeded in absolving themselves of responsibility by rewriting history books. Thanks to the Fed, we were not actually on a gold or silver standard after 1914. … Read more
by Shaun Richards The last 24 hours or so have brought news of the economic clouds darkening over the Euro area. We can start with La Belle France where it turned out that the past was not what had been claimed. In Q1 2022, the decline of GDP in volume terms* (-0.2% in Q1, after … Read more
World Economic Forum Urges People to Eat Seaweed, Algae and Cacti to Save the Planet No word on whether that was on the menu at Davos. By 2050, we’ll have 10 billion mouths to feed – on a finite planet. Tuck into something that could change the world: https://t.co/F03i29fbCR pic.twitter.com/3oULnVW0kf — World Economic Forum (@wef) … Read more
by Not_FinancialAdvice Liquidity is drying up — Financelot (@FinanceLancelot) May 26, 2022 I’m kind of a fan of amusing alternative maybe-leading indicators. Before this one, the most amusing was the “Fluffy Puppy” indicator, which was flashing red a short time ago (accompanied by cute puppy video). Today, the indicator du jour is strip club traffic. https://www.indy100.com/viral/stripper-recession-empty-clubs … Read more
At the World Economic Forum Annual Meeting for 2022, an event where powerful CEOs and world leaders meet to “find solutions to the world’s most urgent challenges,” YouTube CEO Susan Wojcicki committed to persistent censorship of “misinformation” and praised YouTube’s existing censorship efforts. Wojcicki made the comments after Alyson Shontell Lombardi, the Editor-in-Chief of Fortune … Read more
by Boo_Randy Buh bye.. $Trillion market cap
Australian eSafety commissioner Julie Inman Grant tells the World Economic Forum we need a "recalibration" of freedom of speech. pic.twitter.com/zEq72wFhNf — Andrew Lawton (@AndrewLawton) May 23, 2022 h/t SmoothAtmosphere2251
I just bumped into the @nytimes Deputy Managing Editor, @RBlumenstein, in Davos. I asked her how is the public supposed to trust the NYT reporting here when she's an INVITED GUEST of the World Economic Forum. Her response says it all. Go to https://t.co/uvbDgOBC1l for more. pic.twitter.com/vcUyTedApC — Avi Yemini (@OzraeliAvi) May 22, 2022 Rebel … Read more
It is high time there was a carbon tax! — Elon Musk (@elonmusk) May 13, 2021 Why carbon tax is crucial to curbing climate change https://t.co/7YBWV1M2J5 #climatechange pic.twitter.com/2cdaISUt8L — World Economic Forum (@wef) December 10, 2019 View post on imgur.com View post on imgur.com https://www.bloomberg.com/news/articles/2008-03-17/young-global-leaders-anderson-cooper-and-leonardo-dicaprio-are-in-the-most-exclusive-private-social-network-in-the-world-dot View post on imgur.com View post on imgur.com View post … Read more
Photo by Leio McLaren From Peter Reagan at Birch Gold Group There could be a historic housing bubble getting ready to burst. But if Zillow Senior Economist Jeff Tucker had his way, you wouldn’t know about it. That’s because, according to this paywalled article on Inman, a real estate trade publication: First rule of housing bubbles? Don’t talk about … Read more
It’s official – recession! me getting stock alerts just to decide whether it’s worth it to go to work — reversecowgirl69 (@botticellibimbo) May 19, 2022 AC
Lior Gantz with Josh Sigurdson via World Alternative Media Josh Sigurdson talks with Lior Gantz of Wealth Research Group about the global economic instability as inflation skyrockets, the supply chains of the world collapse and even the previously most bullish financial experts in the world warn of the greatest economic collapse in the history of the world. As Robert … Read more
INFLATION: Jen Psaki says White House economic experts believe inflationary impact will be "temporary, transitory." pic.twitter.com/SbNuByIQzD — Forbes (@Forbes) May 10, 2021 Only for commodities like energy and gasoline She is clueless to the cascading effect of price increases Not going back AC
The Federal Reserve is poised to set out a path to rapidly withdraw support from the economy at its meeting on Wednesday — and while it hopes it can contain inflation without causing a recession, that is far from guaranteed. Whether the central bank can gently land the economy is likely to serve as a … Read more
by Peter Schiff of Peter Schiff Podcast Mortgage are rates too high for anyone to refinance for better rates. Markets rally on horrific economic news. FULL SHOW NOTES AND LINKS HERE
https://www.youtube.com/watch?v=JDNIyZBv5PU Many economic indicators are signaling that the U.S. is marching towards another recession, but we’re still being told that we’re in the middle of an economic recovery. Maybe this alleged recovery only includes rich bureaucrats and corporate CEOs because conditions are getting steadily worse for the average American. Wealth is becoming increasingly concentrated at … Read more
The yuan has fallen by nearly 4 per cent against the US dollar this month, putting it on track for what could be its biggest drop since China unified exchange rates in 1994 The Bank of Japan on Tuesday added fuel to the fire, propelling the US dollar higher as it said it would keep … Read more
by Steve St Angelo of SRSrocco Report As the global economy continues to break down due to the problems of energy scarcity, investors will move into silver in a BIG WAY. While this will not happen overnight, the fundamentals continue to strengthen each passing day. It’s important to understand that One Key Silver investor segment will be the … Read more
“California is one of the least free states in the country, largely because of its long-standing poor performance on economic freedom,” the CATO Institute explains in its latest ranking of the 50 states. California, once known as “The Golden State,” used to be at the top of the list specifically for personal and economic freedoms. CATO scores … Read more
Howe Street, Released on 4/22/22 No matter how you sell it, inflation not good. Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.
by silvertomars This is going to be insane. I smell a “Greater Depression”. Fed’s back is against the wall. They touch interest again housing CRASHES. Heck one quarter made housing mortgage contracts drop in half. Get right with God. Stack. Prep.
by Simon Black On June 29, 1914, Emperor Franz Joseph of Austria-Hungary sat quietly while his ‘experts’ debated what to do next. The Emperor’s son and heir, Archduke Franz Ferdinand, had just been assassinated the previous morning in Sarajevo. And there was still much they didn’t know. Some of the Emperor’s ministers suggested they demand a … Read more
https://youtu.be/OoRvEbaOgyI Ontario’s Conservative government has passed controversial BILL 100 – Legislation that severely limits and prohibits protest and free speech. It was passed overnight in a stealth vote that not all MPP’s were informed of. The legislation is aimed directly at TRUCKERS to prevent further convoys and FREEDOM PROTESTS. What many are calling “the anti-protest … Read more
