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People Blame the Federal Reserve & Never Politicians
People Blame the Federal Reserve & Never Politicians Every now and again I get those stupid hate emails to blame the federal reserve and central banks for everything while NEVER once do they ever look at the history of central banks and how Congress has been manipulating the law changing the definition of what the […]
Europe Braces For First Cold Winter Blast With Gas Prices Set To Spike Again
Europe Braces For First Cold Winter Blast With Gas Prices Set To Spike Again After months of rollercoaster moves in European nat gas prices as energy producers and traders jockeyed for position ahead of what could be a brutal winter, all bets are now off as Europe is set to get its first cold blast […]
Supply Chain Disruptions Will Continue
Supply Chain Disruptions Will Continue Forty percent of all the cargo into the United States comes through the ports of Los Angeles and Long Beach. Offshore, there are thousands of containers stacked up on vessels waiting to get in. How many containers can the ports unload on a normal day? New containers are coming in. […]
5 Ways Economy’s Worse Than You Think
5 Ways Economy’s Worse Than You Think https://youtu.be/fpbORCUTMq4
WEIRD – Thinking Beyond Technology: Issue no.5, “Research for the End of Your ‘Normal’ Everyday Existence”
WEIRD – Thinking Beyond Technology: Issue no.5, “Research for the End of Your ‘Normal’ Everyday Existence” ☮ ‘Introduction’ Introducing the science for the end of your ‘normal’ everyday existence. ☮ History file: Bill Devall – ‘The Deep Ecology Movement’ Published in 1980, this tract was the first to outline the split between ‘eco-reformers’ & ‘deep ecologists’. References: Journal of […]
Look Out Below: Why a Rug-Pull Flash Crash Makes Perfect Sense
Look Out Below: Why a Rug-Pull Flash Crash Makes Perfect Sense It makes perfect financial sense to crash the market and no sense to reward the retail options marks by pushing it higher. An extraordinary opportunity to scoop up mega-millions in profits has arisen, and grabbing all this free money makes perfect financial sense. Now the […]
White House Debates Immediate, ‘Radical’ Action To Lower US Energy Prices
White House Debates Immediate, ‘Radical’ Action To Lower US Energy Prices The Biden administration is actively debating whether to immediately intervene to lower US energy prices, rather than letting markets ride and hope they settle, as the ‘most popular president in history’ grapples with soaring inflation amid trade and foreign policy matters, according to Bloomberg. A […]
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 […]
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 […]
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, […]
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 […]
