The cost of putting food on the table is the highest it’s been in 40 years, and inflation is specifically impacting a summertime staple: ground beef. Ground beef prices are up 12% since this time last year, which is higher …
By Julianne Geiger The national average for a gallon of gasoline in the United States fell again on Monday to $4.212, according to AAA data. U.S. gasoline prices are down 14.3 cents from last week, and 63 cents from a …
By Tsvetana Paraskova Emerging economies in Asia face prolonged electricity crises and continued rolling blackouts as spot LNG prices surge and high demand from Europe is pricing Southeast Asia out of the tight global gas market. For over six months …
by Boo_Randy Once again, the central bankers have blown ginormous speculative housing bubbles that pose systemic risks to national and global financial systems. Once again, these bursting bubbles are going to wipe out trillions in make-believe “wealth” created by fake …
https://twitter.com/WallStreetSilv/status/1552672141530865665 The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. Weird how 2 consecutive quarter declines in GDP was a recession each time except this time. pic.twitter.com/CnxlV9mvWW — Sven …
By Alex Kimani European gas prices have surged 30% in the space of two days after Russia made good its threat to slash gas deliveries to the continent in half from already reduced levels. After Tuesday’s surge, Wednesday saw another 9% hike …
Iran’s revenues from exports of oil and condensate surged by 580% during the first four months of the current Iranian year that begins on March 21, Iranian Minister of Economic Affairs and Finance, Seyyed Ehsan Khandouzi, said on Tuesday. Between …
Record heat isn’t only affecting the climate. An economy still on the boil is driving average transaction prices (ATP) for new cars to record highs according to data from Kelley Blue Book. It was only this month we cited KBB’s …
by Michael How would you feel if your power bill went up by 50 percent this winter? How about 100 percent? Unfortunately, these kinds of price increases are already being announced. The world was heading into a major energy crisis …
https://www.youtube.com/watch?v=fK2J2-XA7pM
https://www.youtube.com/watch?v=b_GE4HNn7-w Energy supply shortages are getting worse by the day. The American energy crisis has entered an ominous new chapter. People often say that “energy is the economy,” and in many aspects that statement is true. Large nations with a …
Bruce Springsteen fans like to think of him as tougher than the rest, not pricier than the rest. So there were inevitable eruptions of anger when fans logged on for the first day of sales for the opening shows on …
View post on imgur.com https://www.washingtonpost.com/business/energy/the-earth-wants-biden-to-keep-gas-prices-high/2022/07/20/d87bed74-083e-11ed-80b6-43f2bfcc6662_story.html BIDEN NOW : WHY ARE OIL AND GAS COMPANIES NOT DRILLING AND INCREASING CAPACITY ??? BIDEN IN THE LAST 18 MONTHS: pic.twitter.com/YWXDToi75s — GURGAVIN (@gurgavin) June 13, 2022 h/t dr0id
by confoundedinterest17 This is green sacrifice. Of jobs, that is. Ford Motor Company plans to sacrifice 8,000 jobs to help fund investments in electric vehicles. The job cuts will come from internal combustion gasoline vehicles. Transportation Secretary “Mayor Pete” Buttigieg loves high …
by Shaun Richards After some mostly positive releases for the UK economy we find ourselves facing again this morning the economic problem of our time which is inflation. The Consumer Prices Index (CPI) rose by 9.4% in the 12 months …
Food manufacturers world wide telling us that they think their prices have reached the limits of consumers financial ability to buy. Food unit sales dropping everywhere. Down 6%. Huge for the stable grocery industry. “But the cracks in demand are …
by Boo_Randy Unemployed workers in our Biden “recovery” won’t be doing much driving. https://oilprice.com/Latest-Energy-News/World-News/US-Gasoline-Prices-Set-To-Fall-Below-4.html Gasoline prices in the United States fell to a national average of $4.605 on Thursday, with GasBuddy’s Patrick de Haan saying we should see that drop …
70% of Germans want to continue supporting Ukraine despite high energy prices, according to a poll. At the moment, however, many consumers are protected by price caps, subsidies & long-term contracts. But winter is coming and the EU needs a …
by Mac Slavo of SHTFplan Consumer prices in the United States have surged higher while wages have fallen for the 15th straight month. This cannot go on forever, and a major economic collapse is on the way. The Consumer Price Index (CPI) soared …
Sri Lanka? Holland? No, Albania Massive protest in Tirana, Albania, against rising fuel prices, food prices, and against government corruption. pic.twitter.com/pDjBWSzVPO — Russian Market (@runews) July 9, 2022 https://twitter.com/Galactic_Trader/status/1545788389558927362
by Chris Black More people are realizing that they can buy direct from Chinese factories for 1/4 the price and still get free shipping. Everything is coming from China anyway, so why pay publicly traded companies more of your hard …
by Boo_Randy Don’t look now, but the insane housing bubbles blown by 14 years of central bank ultra-easy monetary policies are starting to burst. As in 2008, this is going to be the catalyst for the next Great Financial Crisis …
This Interview is a combination of insider opinion and an AI predictive program. Armstrong states that the current batch of political leaders are the worst the world has seen ( paraphrasing ). He sees WW3 in 2024 and civil unrest …
This man is literally the President of the United States and his plan to bring gas prices down is tweeting at gas stations https://t.co/boOnQuUoSO — Dr. Parik Patel, BA, CFA, ACCA Esq. (@ParikPatelCFA) July 3, 2022 “Biden approval at 22% …
View post on imgur.com https://www.whitehouse.gov/briefing-room/speeches-remarks/2022/05/23/remarks-by-president-biden-and-prime-minister-fumio-kishida-of-japan-in-joint-press-conference/ BIDEN NOW : WHY ARE OIL AND GAS COMPANIES NOT DRILLING AND INCREASING CAPACITY ??? BIDEN IN THE LAST 18 MONTHS: pic.twitter.com/YWXDToi75s — GURGAVIN (@gurgavin) June 13, 2022 h/t dr0id
By Tsvetana Paraskova Electricity prices in Europe are soaring again as the market starts to fear that energy shortages this winter would be much larger than expected a few weeks ago. The German power prices for next year, a benchmark …
by Chris Black I remember reading a few years ago that synthetic gasoline made from coal would be profitable at $2 per gallon. The easily available coal reserves of America could produce enough synthetic gas to fill every car for …
by Boo_Randy The implosion of Housing Bubble 2.0 is going to be one for the books. Heckova job, central bankers! https://www.news.com.au/finance/real-estate/buying/sharpest-slowdown-in-more-than-30-years-australian-house-prices-continue-to-see-widespread-falls/news-story/3c9d6334b230fc2381f8928819cbeb62 Australian house prices have continued to see widespread falls in June as interest rate hikes spark the “sharpest slowdown …
President Joe Biden said Americans should pay higher gas prices for ‘as long as it takes’ He doubled down on blaming Vladimir Putin for America’s domestic woes The president also argued other countries have a higher rate of inflation, despite …