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Carbon Credits Are the Biggest Scam Since Indulgences—How You Can Avoid Being Fleeced
Carbon Credits Are the Biggest Scam Since Indulgences—How You Can Avoid Being Fleeced Subscribe to International Man In the Middle Ages, the Catholic Church convinced the commoners to buy indulgences to alleviate their sins. And they made a fortune in the process. Similarly, today, our overlords—the mainstream media, central bankers, and their political allies—are working overtime […]
The End Of The Petrodollar
The End Of The Petrodollar The Saudis, New Chapter in Energy Economics, De-dollarization, and the American-Made Pressure Cooker “Oil is too important a commodity to be left in the hands of the Arabs.” ~ Henry Kissinger Just last Sunday, one of the most significant economic deals of the century came to an end. The long-standing […]
Covid, Economy & Election: QTR On Peak Prosperity
Covid, Economy & Election: QTR On Peak Prosperity Last week I was interviewed by the great Chris Martenson of Peak Prosperity in a wide ranging interview that covered topics like Covid, the economy and the political future of the country. Last week I was interviewed by the great Chris Martenson of Peak Prosperity in a wide […]
California Wants Higher Gas Prices and EVs, Virginia Did, But Changed Its Mind
California Wants Higher Gas Prices and EVs, Virginia Did, But Changed Its Mind Common sense returns to Virginia as California Governor Gavin Newsom Struggles to defend inane policy. Let’s start with Newsom and gasoline prices. In a Wall Street Journal Op-Ed, Newsom says “What people pay at the pump isn’t simple supply and demand but the result […]
Today’s Contemplation: Collapse Cometh CLXXXI–The Politics of Dancing: The politicians are now dj’s…
Today’s Contemplation: Collapse Cometh CLXXXI Tulum, Mexico (1986). Photo by author. The Politics of Dancing: The politicians are now dj’s… It seems nowadays we’re always trapped in the silly season of election campaigning. Perhaps my memory is foggy but where it used to be a short window of inane proclamations and ever-grander promises (that never […]
Retail Bloodbath: More Than 2,600 Store Closings Have Been Announced So Far In 2024
Retail Bloodbath: More Than 2,600 Store Closings Have Been Announced So Far In 2024 Retail stores are being shut down at a staggering rate all over the country. If we stay on the pace that we are on, the total number of stores closed in 2024 will be nearly 40 percent higher than the total […]
Banking Crisis, Stage Two
Banking Crisis, Stage Two I’m sure you recall the banking crisis of March to May 2023. It began with the collapse of the little-known Silvergate Bank on March 8. This was followed the next day by the collapse of the much larger Silicon Valley Bank (SVB) on March 9. SVB had over $120 billion in […]
Moving from Naive to Authentic Progress: A Vision for Betterment
Moving from Naive to Authentic Progress: A Vision for Betterment The Great Simplification #126 with Daniel Schmachtenberger Today, I welcome back Daniel Schmachtenberger to unpack a new paper, which he co-authored, entitled Development in Progress, an analysis on the history of progress and the consequences of ‘advancement’. Current mainstream narratives sell the story that progress is […]
Russia’s Oil and Gas Revenues Surged by 73.5% in January-May
Russia’s Oil and Gas Revenues Surged by 73.5% in January-May Russia’s budget revenues from oil and gas soared by 73.5% in January-May of 2024 compared to the first five months of 2023, according to data from Russia’s finance ministry released on Monday. Between January and May 2024, the revenues for the Russian federal budget from […]
Gold & Oil: Understanding Rather than Fearing Change
Gold & Oil: Understanding Rather than Fearing Change There is much legitimate (as well as dramatic) talk about the failing US, its debased currency and its identity-fractured/inflation-taxed middle-class which has been increasingly described more aptly as the working poor. The End, or Just Change? But is America coming to an end? Will the USD lose its world […]
Bird Flu Triggers Supply Chain Snarls In Dairy Industry As “Farmers Increasingly Culled Cows”
Bird Flu Triggers Supply Chain Snarls In Dairy Industry As “Farmers Increasingly Culled Cows” The latest US Department of Agriculture data shows bird flu has infected at least 80 dairy herds across ten states. There are growing concerns about rising cow mortalities from the virus and the risk of farmers culling cows to stop the spread. This could […]
A Second-Quarter Recession This Year Looks Increasingly Likely
A Second-Quarter Recession This Year Looks Increasingly Likely As I watch the evolution of consumer spending, housing starts, new home sales, and GDPNow trends, it appears the economy has peaked. Warning: I tend to be early. GDPNow forecast from the Atlanta Fed as of 2024-06-03. Chart by Mish The GDPNow forecast has been weakening since […]
IEA: Clean energy investment to reach $2 trillion in 2024
IEA: Clean energy investment to reach $2 trillion in 2024 According to the International Energy Agency (IEA), more money is being invested in solar power than in all other sources of electricity combined. Global investment in clean energy will reach $2 trillion (€1.84 trillion) this year, twice the amount invested in fossil fuels, according to the International […]
Predicting Financial Collapse (and what to do about it)
Predicting Financial Collapse (and what to do about it) Many people ask me about how to insulate themselves from a financial collapse of some kind or another. I am not a financial advisor, and my focus has always been on collaborative resilience, whereby collectives of people might cope better. But when pressed by friends on […]
