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Planet of the Humans: Reviewing the Film and its Reviews
Planet of the Humans: Reviewing the Film and its Reviews If you haven’t seen the latest (and arguably the most contentious) documentary on renewable energy, be prepared for an aftertaste of mixed feelings. Joining hands with the controversial Michael Moore, environmentalist and filmmaker Jeff Gibbs has sent an eerie message that is now somewhat dividing […]
China’s Covid Cover-Up, Economic War And The Elites Who Benefit
China’s Covid Cover-Up, Economic War And The Elites Who Benefit “Actually, as Winston well knew, it was only four years since Oceania had been at war with Eastasia and in alliance with Eurasia. But that was merely a piece of furtive knowledge, which he happened to possess because his memory was not satisfactorily under control. […]
“Biblical” Wave Of Bankruptcies Is About To Flood The US
“Biblical” Wave Of Bankruptcies Is About To Flood The US One of the silver linings of the coronacrisis to date is that despite the unprecedented collapse in the broader economy and the 30 or so million unemployed, the pace of bankruptcy filings has been relatively steady compared to the pre-covid levels, as the following Goldman […]
The Problem is Not Deflation, It’s Attempts to Prevent It
The Problem is Not Deflation, It’s Attempts to Prevent It Let’s investigate the Fed’s effort to prevent price deflation. Here’s a Tweet that caught my eye. Real Vision✔@RealVision · May 1, 2020 “We’re about to have deflation and the market hasn’t figure it out yet… when it does, the Fed is going to shit itself.” @hendry_hugh @raoulGMIhttps://rvtv.io/3aWzxf4 […]
This Isn’t Just Another Crash
This Isn’t Just Another Crash Like addicts who cannot control their cravings, financial analysts cannot stop themselves from seeking some analog situation in the past which will clarify the swirling chaos in their crystal balls. So we’ve been swamped with charts overlaying recent stock market action over 1929, 1987,2000 and 2008 — though the closest […]
Food Shortages Set in Motion by Politicians
Food Shortages Set in Motion by Politicians COMMENT: Dear Martin,it is amazing what your computer is picking in advance. In Germany we now have the French fries crisis. (Reported now by N-TV) Do to the fact, that all restaurants are shut down, the Farmers cannot sell most of their potatoes. So we will see a lot […]
Bailouts Can’t Save This Fragile System
Bailouts Can’t Save This Fragile System It’s obvious the global economy is painfully fragile. What is less obvious is the bailouts intended to “save” the fragile economy actually increase its fragility, setting up an inevitable collapse of the entire precarious system. Systems that are highly centralized, i.e., dependent on a handful of nodes that are […]
Bankrupt Cities And States Get The National Disaster They’ve Been Hoping For
Bankrupt Cities And States Get The National Disaster They’ve Been Hoping For The people running states like New Jersey and cities like Chicago know they’re broke. Ridiculously generous public employee pensions – concocted by elected officials and union leaders who had to have understood that they were writing checks their taxpayers couldn’t cover – are […]
Why Assets Will Crash
Why Assets Will Crash This is how it happens that boats that were once worth tens of thousands of dollars are set adrift by owners who can no longer afford to pay slip fees. The increasing concentration of the ownership of wealth/assets in the top 10% has an under-appreciated consequence: when only the top 10% […]
Why Lockdowns Work
Why Lockdowns Work There was another comment at the Automatic Earth yesterday questioning the function and wisdom of various lockdowns. I thought I’d explain this in more detail. Ilargi if you or anyone else could explain what the exit strategy is from a lockdown I’d be interested in hearing it. As it is, this lockdown […]
THE WOLF STREET REPORT: Nothing’s Fixed – What’s Behind the Corporate Debt Bailout
THE WOLF STREET REPORT: Nothing’s Fixed – What’s Behind the Corporate Debt Bailout Over the past two years, nobody knew what would trigger the next financial crisis, but just about everyone knew it would involve the record pile of corporate debt. And so it happened. Now the Fed fixed it…
Will Civilization’s Response to COVID-19 Lead to a More Sustainable, Equitable World?
Will Civilization’s Response to COVID-19 Lead to a More Sustainable, Equitable World? What better time to shift our thinking and actions away from a hyperconsumptive, inequality-widening, environmentally-detrimental era than the 50th anniversary of Earth Day. Having been shaken to our collective core by the COVID19 pandemic, can we muster the will to make major changes […]
Investing Legend Sees A Second Great Depression For Stocks By 2023
Investing Legend Sees A Second Great Depression For Stocks By 2023 The name of Kiril Sokoloff, author of the weekly WILTW (What I Learned This Week) newsletter through his advisory firm 13D Global Strategy & Research, needs no introduction on this website for the simple reason that over the past few years we have often published […]
