(Bloomberg) — It’s been eight months since Russia invaded Ukraine, sending global commodity prices soaring and forcing energy-ravenous countries into a mad competitive dash to secure new fuel sources ahead of winter. While the US filled some of the supply …
Europe’s Misery index (unemployment rate + inflation rate) All time highs pic.twitter.com/IOiJgmatje — Alessio (@AlessioTMAD) October 19, 2022 GERMANY SEPT. PPI INFLATION JUMPS 2.3% M/M; EST. 1.3% 🇩🇪🇩🇪 — Christian Klein (@clkleinmonaco) October 20, 2022 https://twitter.com/edwardnh/status/1583102730482032640
by Boo_Randy Say, UK sheeple, how’s that voting for globalist stooges working out for ya?
by confoundedinterest17 The US economy is like the Stephen King story “Misery.” Except that it is Joe Biden breaking the legs of the consumer with his inflationary policies instead of Kathy Bates breaking James Caan’s legs to prevent him from leaving. …
Millions of homeowners face mortgage misery after interest rates jumped for the fifth month in a row to a 13-year high of 1.25 per cent, which is this is the fastest that rates have risen over a six-month period since …
by OldEffective9726 The sectors: dollar store, coz people will be poor pharmaceutical companies, coz of diseases going rampant game rental companies, coz people so poor they cant buy games only to rent or exchange rental real estate, coz people wont …
by confoundedinterest17 The Federal Reserve’s two goals of price stability and maximum sustainable employment are known collectively as the “dual mandate.” Unfortunately, inflation is running away (bad) from employment gains (good). Sort of like “The Good, The Bad and The Ugly.” …
by confoundedinterest17 The flexible cut of the CPI—a weighted basket of items that change price relatively frequently—increased 19.76 percent (annualized) in February. If we added the U-3 unemployment rate, we get a MISERY Index under Biden of 23.56%, the highest in …
U.S. "Misery Index" is at the highest in a decade, if you strip away the aberrations at the height of the pandemic. The low jobless rate masks the other, more-pressing challenge facing many Americans: inflation. Misery Index = Unemployment Rate …
by confoundedinterest17 It is truly a miserable time for many Americans as demonstrated by the Misery Index (inflation rate + unemployment rate). But rather than using the CPI YoY measure at 7.5%, I am using the FLEXIBLE CPI YoY to compute …
https://www.youtube.com/watch?v=69u3nXUCT1w The united states government is increasing the legal limit of federal debt which was halted at approximately $28.9 trillion, where it stood at the beginning of this week. With that limit lifted we will see a steady increase in …
by Daniel Lacalle via Mises United States consumer confidence has plummeted to a decade-low in November. The University of Michigan’s consumer sentiment index fell to 66.8 in November, down sharply from the October figure of 71.7 and well below consensus forecasts of 72.4. Inflation …
by confoundedinterest17 Renters in the US are getting clobbered by inflation. The US Zillow Rent Index All Homes YoY + CPI YoY is one measure of renter misery. The classic misery index (CPI YoY + U-3 unemployment rate) is 10.80%. Then …
by confoundedinterest17 The Misery Index, inflation plus unemployment, is over 10% at 10.80%. Unemployment has been steadily declining since the COVID shutdowns of 2020. The real culprit has been rapidly rising since COVID as well. At this point, inflation improvements …
To understand how routine airline disruptions have been mushrooming into travel meltdowns affecting a million passengers or more, consider the recent four-day odyssey of a single plane: a Southwest Airlines Boeing 737-800 called N8661A. Following that 175-seat jet shows how …
By Egon von Greyerz At the end of major economic cycles, shortages develop in all areas of the economy. And this is what the world is experiencing today on a global basis. There is a general lack of labour, whether it …
by confoundedinterest17 My Kuroda! 金融政策に限界があるとは考えておりません (I do not believe that there is a limit to the effect of monetary policy.) Haruhiko Kuroda, Bank of Japan, 13 April 2016 The Bank of Japan is one of the top three Quantitative Easing (QE) Monsters …
Premier Scott Moe is requesting additional support from the federal government to help Saskatchewan’s struggling health-care system amid the country’s worst surge of COVID-19 cases. A day after Chief Medical Health Officer Dr. Saqib Shahab and the Saskatchewan Health Authority …
KABUL, Aug 22 (Reuters) – A week after the Taliban’s lightning seizure of Kabul, growing numbers of people in the Afghan capital are facing a daily struggle to get by with their jobs gone, banks still shuttered and food prices …
Job Creator’s Chief Rallies Battle Against Biden’s ‘War On Small Business’ The COVID-19 pandemic is ending, but the economy is still sick. Thursday’s second-quarter GDP growth figure significantly missed expectations. Nearly seven million fewer Americans are currently employed than before …
https://www.youtube.com/watch?v=bvMaMsOg_2o Financial Bubbles Cannot last Forever — The True Misery is Just Beginning Inflation is skyrocketing, but the Government is lying about inflation! No need for jobs! No need for profits! No need for fundamentals! No need for good economic …
No cellphones, no gas: No end to misery in hurricane zone PANAMA CITY, Fla. (AP) — Residents of hurricane-ravaged communities in Florida’s Panhandle turned to volunteers and each other for help Monday, the fifth day without cell service, electricity or, …
by Charles Hugh-Smith Isn’t it obvious that those at the top of the wealth-power pyramid don’t want us to know how much ground we’ve lost while they’ve gorged on immense gains? In the late 1970s and early 1980s, an era …