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BY SRSROCCO In the past two weeks, analysts have cut their global oil demand forecasts by a staggering 225%. Never in history has the world experienced such a massive reduction … Read more
By Irina Slav Demand for gasoline in the United States fell by 859,000 bpd, the Energy Information Administration (EIA) said in its weekly petroleum status report. According to Reuters, this is … Read more
Wow. U.S. China trade deal. That’s classic. That’s retro. It happened like last month. Might as well be from the 1700’s with the way things work today. Algorithms forget key … Read more
The pound plummeted to near three-year lows on Tuesday ahead of a crucial day for Brexit in Parliament. Sterling GBPUSD, -0.2652% fell below $1.20 to its lowest level since October … Read more
BY SRSROCCO A top shale producer in the Bakken lost nearly 40% of its value today as investors dumped a record number of shares. Whiting Petroleum’s stock was hammered due … Read more
via Zerohedge: It’s probably not a coincidence that just days after we reported that China’s interbank market was freezing up in the aftermath of the Baoshang Bank collapse and subsequent seizure, which … Read more
This article was written by Mac Slavo and originally published at SHTFplan.com The food crisis could be upon us, as farmers in the United States report that income has plummetted. If … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Wow, that was fast. Margin calls. During the ugly stock-market December, whose ugliness bottomed out on Christmas Eve, a nasty November, and the ugliest October anyone … Read more
BILLIONAIRE Mark Zuckerberg has halted the sale of his Facebook stock after the company’s value collapsed last year. The controversial 34-year-old has seen his company fall from grace, and failed … Read more
Josh Sigurdson reports on the recent news of Trudeau’s all-time low approval rating! From a 46% approval rating last December to a 35% approval today, it doesn’t look good for … Read more
Why do you think oil is falling? Is there too much right now? Or is there something going on behind the scenes? The price of oil has climbed higher … Read more
via Zerohedge: Led by a collapse in Americans’ views of the current situation, University of Michigan’s Sentiment Survey dropped to 11-month lows, dramatically missing expectations for a rise. Sentiment index decreased … Read more
by stockboardasset California’s housing affordability crisis is progressively getting worse. It has now plummeted to its lowest level in 10-years, and less than one in five households can afford to purchase … Read more
by: Ethan Huff (Natural News) The crime-ridden and poverty-stricken city of Stockton, located in central California, has come up with a plan for prosperity that involves handing out free cash to … Read more
Will the next crash be worse than the last one? Prins says, “Yes, it will because we will be falling from a higher height. The idea here is you are … Read more
It is well known in Sweden that the current ambition is to reach and maintain 2% inflation. It seems any other goal is secondary. The Swedish krona just hit … Read more