Peter Schiff: It’s Game Over if the Markets Call the Fed’s Bluff
Peter Schiff: It’s Game Over if the Markets Call the Fed’s Bluff The Federal Reserve insists inflation is “transitory” and the economy is making “progress.” Yet, it continues with the extraordinary monetary policy it launched at the onset of the COVID-19 pandemic. Meanwhile, we’re seeing all kinds of data hinting that the economy may not […]
TSHTF
TSHTF You just know everything’s going pear shaped when the venerable acronym TSHTF, well known in our circles, hits mainstream media….. The below article written by Fiona Blackwood from the Hobart ABC Bureau appeared on the ABC News website and it’s so full of ironies I just had to pull it apart. So please bear […]
“The Enemies of the State”: The New York Times and The Fluidity of Advocacy Journalism
“The Enemies of the State”: The New York Times and The Fluidity of Advocacy Journalism We have been discussing the rise of advocacy journalism and the rejection of objectivity in journalism schools. The New York Times has been at the forefront of this shift away from traditional reporting but has increasingly found that the fluidity of advocacy […]
A Stronger Electricity Grid Is Crucial to Cutting Carbon. Does that Make It Green?
A Stronger Electricity Grid Is Crucial to Cutting Carbon. Does that Make It Green? A proposal to lay cables beneath the Columbia River is met with skepticism from an Indigenous activist and the river’s advocates. Wind etches the Columbia River’s surface downstream of Squally Point, at right in the distance. Around the bend lies The […]
Game Over
Game Over Game over. Occam’s Razor: The simplest explanation is often the best one. Central banks will never extract themselves. Whether they ultimately end QE is besides the point. They won’t reduce their balance sheets. They can’t. Powell’s “performance” yesterday was not an accident. He’s been running on the same theme of offering absolutely zero […]
Shrinkflation, Inflation’s Sneaky Cousin, Is on the Rise
Shrinkflation, Inflation’s Sneaky Cousin, Is on the Rise Inflation has been on the rise for the past year and in the last few months it has accelerated. In June 2021, inflation, measured by the Consumer Price Index (CPI), hit the highest level since 2008. By inflation, economists refer to the increase in the general level of […]
Michael Pento: First Disinflation, Then Deflation, Then Big-Time Inflation
Michael Pento: First Disinflation, Then Deflation, Then Big-Time Inflation Suddenly investors are panicked that (hyper)inflation is taking over. But what if they’re mistaken? That could be a costly mistake if they’re betting their portfolio’s future on it. Because there’s a strong case to be made that we’re now actually entering a period of dis-inflation, one that […]
Sydney Sends In Military To Help Enforce Lockdown Amid Record Jump In COVID Cases
Sydney Sends In Military To Help Enforce Lockdown Amid Record Jump In COVID Cases Despite being locked down for nearly a month now, Sydney has just reported a record one-day rise in local COVID cases on Thursday as public health authorities warned that the outbreak would likely worsen, inspiring them to once again turn to the […]
Canada border officers vote to strike, warn of supply chain disruption
Canada border officers vote to strike, warn of supply chain disruption Labor action could begin Aug. 6 A strike by CBSA officers could impact operations at Canada’s ports. (Photo: Canada Border Services Agency) Thousands of Canada Border Services Agency personnel have overwhelmingly voted to authorize a strike – something that could throw a wrench into […]
New Zealand rated best place to survive global societal collapse
New Zealand rated best place to survive global societal collapse Study citing ‘perilous state’ of industrial civilisation ranks temperate islands top for resilience Bunker repurposed for a US ‘doomsday’ community. A study proposes that countries able to grow food for their populations, protect their borders from unwanted mass migration and maintain an electrical grid, are […]
What Kind of Mindsets Lead Us Into Traps?
What Kind of Mindsets Lead Us Into Traps? First picture: Morning, Hamilton Ranch (aka Carroll Ranch), Big Hole Valley, Montana Second picture: Beaverslide used for hay. Agriculture is what led into civilization. After quite an interesting last week, I have a better understanding of why so many people fall into the different “traps” and mindsets that we […]
Corn Belt At Risk For ‘Damaging Derecho’ Storms
Corn Belt At Risk For ‘Damaging Derecho’ Storms A derecho, otherwise known as a widespread, long-lived, straight-line wind storm, is expected to traverse parts of the Midwest Wednesday night and early Thursday, according to The Weather Channel. Derechos can cause hurricane-force winds, tornadoes, torrential rains, and flash floods. This one could wreak havoc in the areas […]
The last climate warning: heat waves and the IPCC leak
The last climate warning: heat waves and the IPCC leak NEARLY 50 CELSIUS DEGREES ON THE WEST COAST OF CANADA Records everywhere, and at the same time, a leak to the press, a preview, of a part of the major report on the climate crisis. It doesn’t sound like a coincidence In Lytton, Canada, 49.6º was […]
On Degrowth
On Degrowth “The Good Life” mural painted by Amanda Lynn, Forestville, Califonria, 2021. Photo: Kamran Nayeri. What is degrowth? Degrowth is an ambiguous label used by different currents that have emerged or have been reconsidered as such since the 1960s when the contemporary environmentalist movement got underway. The bulk of these movements identify as Greens although it […]
