A Big Thank You From the Global Oligarchy
A Big Thank You From the Global Oligarchy Dear People, We are now almost two years into our great transition, and although there’s still a very long way to go, we wanted to take this opportunity to thank you for your help in allowing the project to run so smooth thus far, and to encourage […]
The Moment Biden Casually Committed To WW3 Over Taiwan At Last Night’s Town Hall
The Moment Biden Casually Committed To WW3 Over Taiwan At Last Night’s Town Hall Apparently the commander-in-chief thinks that the United States has some kind of treaty or “commitment” to defend Taiwan in the scenario of an attack from China. There is absolutely no commitment to do such a thing, but the casualness with which […]
Meat Prices on the Rise
Meat Prices on the Rise (Image from Statistics Canada: Prices for meat products rise year over year in September) Canada’s CPI rose 4.4% YoY this September, according to Statistics Canada. Every major sector saw gains, but meat prices spiked 9.5%, marking the fastest pace of growth since April 2015. Canada’s Food Price Report for 2021, released […]
Corporate Greed the ‘Real Culprit Behind Rising Prices,’ Researchers Say
Corporate Greed the ‘Real Culprit Behind Rising Prices,’ Researchers Say “The more sway mega-corporations have over our economy, the more power they have to gouge customers, squeeze Main Street, and exploit workers.” Amid mounting data showing that people are paying more for food at grocery stores around the United States, a new analysis out Wednesday reveals how corporate […]
Path to a Greener Future: Tax Kids or Just Ban Them Outright
Path to a Greener Future: Tax Kids or Just Ban Them Outright The Greens need to step up to the plate with some truly sustainable proposals. I have a couple of ideas. Ironies of Build Back Better President Biden wants free college education, free preschool for kids, and increased child tax credits. All of these […]
Britain faces ‘massacre’ of 20 more bust energy suppliers, Scottish Power says
Britain faces ‘massacre’ of 20 more bust energy suppliers, Scottish Power says The sun rises behind electricity pylons near Chester, northern England October 24, 2011. REUTERS/Phil Noble/File Photo LONDON, Oct 21 (Reuters) – Britain’s energy market faces an absolute massacre that could force at least 20 suppliers into bankruptcy in the next month alone unless […]
Why Do Central Banks Want Higher Inflation?
Why Do Central Banks Want Higher Inflation? The debt ceiling debate in U.S. Congress and related political nonsense brings even more to light the exponential growth in US federal government debt. US government debt has doubled in the 10 years since the last major debacle Congress created over raising the debt ceiling back 2011. The […]
Inflationary Storm Forces Unilever To Raise Prices Fastest In Seven Years
Inflationary Storm Forces Unilever To Raise Prices Fastest In Seven Years Rising consumer prices are not going away. The latest example of this is from British multinational consumer goods company Unilever PLC who announced Thursday soaring commodity prices had forced it to raise prices the most in years. The multinational consumer goods company that produces […]
JPM: “We Could Be Just Weeks Away From Cushing Effectively Running Out Of Crude”
JPM: “We Could Be Just Weeks Away From Cushing Effectively Running Out Of Crude” Back in April 2020, the landlocked West Texas Intermediate crude oil price briefly crashed into negative territory – a stunning turn of events that cost traders massive losses – when the spot oil market found itself with an unprecedented glut as […]
Ecological Economists Support Message of Religious Leaders to Cop 26
Ecological Economists Support Message of Religious Leaders to Cop 26 His Holiness Pope Francis, His Grace Justin Welby Archbishop of Canterbury, and Ecumenical Patriarch Bartholomew issued an urgent joint message in advance of COP 26. They have been joined by many leaders of other religions in their call for creation care with justice. They remind […]
Money Velocity and Prices
MONEY VELOCITY AND PRICES The yearly growth rate of US AMS jumped to almost 80% by February 2021 (see chart). Given such massive increase in money supply, it is tempting to suggest that this lays the foundation for an explosive increase in the annual growth of prices of goods and services sometime in the future […]
The Path to a Livable Future Cannot be the Path We’re On
The Path to a Livable Future Cannot be the Path We’re On Stan Cox has pulled off quite a feat with his latest book The Path to a Livable Future: A New Politics to Fight Climate Change, Racism, and the Next Pandemic. In a relaxed, inviting style, Cox sets unorthodox ideas in a persuasive human and environmental […]
Climate Change Viewed From the Attic of the World
Climate Change Viewed From the Attic of the World Photograph Source: NASA, Janderk Jan Derk – Public Domain Thirteen thousand feet high on the far side of the Himalaya mountains, we have entered the past and the future at the same time. We are a medical expedition and also a pilgrimage, consisting of doctors, nurses, […]
Weekly Commentary: Controllable
Weekly Commentary: Controllable Now that was wild. Let’s start with the Chinese developers. Indicative of the more troubled companies, Kaisa Group bond yields surged to almost 51% in Wednesday trading, up from 36% to begin the week (20% to start the month). Yields closed the week at 44.7%. After beginning the week at 23.3% (October […]
One Bank Crunches The Numbers On Oil Supply/Demand Dynamics, Reaches A Shocking Conclusion
One Bank Crunches The Numbers On Oil Supply/Demand Dynamics, Reaches A Shocking Conclusion With oil prices surging amid a broader global energy crisis, many are hoping that this particular price spike is truly transitory as incremental supply – whether from OPEC+ or shale – kicks in and resets the market lower. But maybe not so […]
