Dollar Purchasing Power Plunges. Inflation +6.2%. For Urban Wage Earners +6.9%, Highest in 40 years, Most Monstrously Overstimulated Economy Ever.
Dollar Purchasing Power Plunges. Inflation +6.2%. For Urban Wage Earners +6.9%, Highest in 40 years, Most Monstrously Overstimulated Economy Ever. Fed still printing money and repressing “real” interest rates to negative 6%, new vehicle prices spike by most since 1975, housing CPI jumps, food & energy soar. The broadest Consumer Price Index (CPI-U) spiked 0.9% in October […]
Activities Which Can Help Us Deal With Climate Anxiety
Activities Which Can Help Us Deal With Climate Anxiety Lake Powhatan Swimming Beach, Asheville, North Carolina Recently, it has been brought to my attention that I’m getting older. [Well, big DUH there – as if any of us is getting younger!] One of the things that growing older often brings is more wisdom. Human beings […]
U.S. and China issue joint pledge to slow climate change
U.S. and China issue joint pledge to slow climate change ‘We both see that the challenge of climate change is an existential and severe one,’ Chinese envoy says in announcing agreement U.S. climate envoy John F. Kerry at the summit on Nov. 10. (Alberto Pezzali/AP) GLASGOW, Scotland — The United States and China jolted the […]
Two Big Myths About Why Energy Prices Are Rising
Two Big Myths About Why Energy Prices Are Rising Photo: Bridget Bennett/Bloomberg via Getty Images The global economic recovery is running low on fuel. Chinese factories have been flickering on and off as Beijing rations electricity. Britons have been parking in petrol lines as their nation’s pumps run dry. Americans have turned on their president as spiking gas prices eat their […]
How Wealth Inequality Fuels the Climate Emergency: George Monbiot & Scientist Kevin Anderson on COP26
How Wealth Inequality Fuels the Climate Emergency: George Monbiot & Scientist Kevin Anderson on COP26 The United States and China made a surprise announcement on Wednesday at the U.N. climate summit in Glasgow on a joint pledge to reduce methane emissions and slow deforestation. The United States is the largest historical emitter of carbon emissions, […]
When Buildings Collapse It Gets Noticed
When Buildings Collapse It Gets Noticed When a building collapses it gets noticed. It has been a while since Americans woke to the shocking news of the collapse of the 12-story Champlain Towers South beachfront condominium in Surfside, Florida. Following the collapse, Miami-Dade Mayor Daniella Levine Cava ordered all buildings over 40 years old to […]
European Natgas Prices Tumble As Russian Pipeline Flows Finally Increase
European Natgas Prices Tumble As Russian Pipeline Flows Finally Increase European natural gas prices plunged Wednesday after signs Russian gas flows into Europe were increasing ahead of what’s expected to be a miserable winter of tight supplies and high energy costs. Dutch natural gas futures, the European benchmark, dropped as much as 12% to € 64.14 per […]
Why U.S. Shale Won’t Go To War With OPEC+
Why U.S. Shale Won’t Go To War With OPEC+ OPEC+ will be very happy with where oil prices currently are and is unlikely to change its course anytime soon The U.S. does have the ability to increase production, but U.S. shale does not have support from either the government or shareholders to boost production significantly […]
Biden Starts To Freak Out About Soaring Inflation, Orders Economic Council To “Reduce Energy Costs”
Biden Starts To Freak Out About Soaring Inflation, Orders Economic Council To “Reduce Energy Costs” When discussing today’s “shock” CPI report we said that it was just a matter of time before there is a wave of political blowback that will make the recent anti-democrat revulsion in Virginia and NJ seem like amateur hour. Specifically, […]
Why is the world protesting so much? A new study claims to have some answers.
Why is the world protesting so much? A new study claims to have some answers. Activists wearing cutouts of world leaders’ faces outside the COP26 summit on Nov. 2 in Glasgow, Scotland. (Peter Summers/Getty Images) Are we in a historic age of protest? A new study released Thursday that looked at demonstrations between 2006 and 2020 found that […]
The Collapse of the USA & the Rule of Law?
The Collapse of the USA & the Rule of Law? When we looked at our model combining the presidency, House, and the Senate, we came up with a Panic Cycle in 2021 and 2023. The Democrats better wake up because this foreign agenda has usurped their party, and Biden is clueless as to what is […]
Mining the Planet to DeathThe Dirty Truth About Clean Technologies
Foto: [M]: Hedi Xandt; SABarton / Getty Images / DER SPIEGEL Mining the Planet to DeathThe Dirty Truth About Clean Technologies The poor South is being exploited so that the rich North can transition to environmental sustainability. Entire swaths of land are being destroyed to secure the resources needed to produce wind turbines and solar cells. […]
Relief from High Prices Unlikely, Analysts Say Ahead of Consumer Inflation Data Release
A customer shops for meat at a Safeway store in San Francisco, Calif., on Oct. 4, 2021. (Justin Sullivan/Getty Images) Relief from High Prices Unlikely, Analysts Say Ahead of Consumer Inflation Data Release With investors closely eyeing two major data releases this week on inflation—one on producer input costs and the other on consumer prices—Wells Fargo […]
