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Broken System
Broken System The Fed poisons everything, and I mean everything. From markets, the economy, and I will even go as far as politics. Sounds far fetched? Let me make my case below. But as much as the Fed poisons everything this crisis here again reveals a larger issue: The system is completely broken, it can’t […]
Exxon Crushed By Pandemic, Reports First Quarterly Loss In 32 Years
Exxon Crushed By Pandemic, Reports First Quarterly Loss In 32 Years Exxon Mobil Corp. has reported its first quarterly loss in 32 years amid oversupply conditions, a crashed economy, and a pandemic that continues to destroy petroleum demand. The company reported a $610 million loss for the quarter ending March 31. That is equivalent to about a 14c loss […]
The Bizarre Blindspot in “Planet of the Humans”
The Bizarre Blindspot in “Planet of the Humans” So, was the film “Planet of the Humans” a hit job on the environmental movement disguised by the filmmakers’ phony claim to care about Mother Earth? Or was it an honest, get real, exposé of its assertion that, “The takeover of the environmental movement by capitalism is […]
Game Over For Oil, The Economy is Next
GAME OVER FOR OIL, THE ECONOMY IS NEXT It’s game-over for most of the U.S. oil industry. Prices have collapsed and storage is nearly full. The only option for many producers is to shut in their wells. That means no income. Most have considerable debt so bankruptcy is next. Peggy Noonan wrote in her column recently that […]
The Pandemic Is Deepening America’s Many Divides
The Pandemic Is Deepening America’s Many Divides And so we’ve reached the precarious state of disunion in which the only thing the warring elites can agree upon is that the Federal Reserve should rescue their private wealth, regardless of cost or consequences. America’s divides are proliferating and deepening by the day. The key political and economic […]
Gold Is Set to Crash? No Way!
Gold Is Set to Crash? No Way! The mainstream is a fickle place. On the one hand, we had Bank of America raising its 18-month price projection for gold to $3,000. On the other hand, some people argue the price of gold could crash later in the year. Gold is up over 13% on the year, but […]
The Global Contagion Impacted Silver Production The Most
The Global Contagion Impacted Silver Production The Most According to a new report released by GlobalData, the global contagion impacted silver production the most while gold mine supply fared the best. The two largest silver producing countries, Mexico and Peru, have issued temporary shutdowns lasting nearly two months. Peru, which started its lockdown on March […]
Banana Town: Where Michael Moore Is Censored by the Left and Promoted by the Right (Episode 24 of Crazy Town)
Banana Town: Where Michael Moore Is Censored by the Left and Promoted by the Right (Episode 24 of Crazy Town) Paying attention to the buzz around Planet of the Humans, the new film by Michael Moore, is like standing in the middle of a three-ring circus. In ring #1 are the filmmakers, who raise critical questions […]
The Recent History of GDP Growth, CO2 Emissions, and Climate Policy Paralysis, All in One Table-Runner
The Recent History of GDP Growth, CO2 Emissions, and Climate Policy Paralysis, All in One Table-Runner Note: I began designing this table-runner just before the COVID-19 pandemic blew up in the United States. In the time I have been embroidering it, rates of death and misery have soared while wealth generation and carbon emissions (the […]
Beef Prices Soar To Record High As Meatpacking Plants Shutter
Beef Prices Soar To Record High As Meatpacking Plants Shutter Wholesale American beef prices jumped 6% to a record high of $330.82 per 100 pounds, a 62% increase from the lows in February, according to Bloomberg, citing new USDA data. The surge in beef prices comes at a time when the nation’s food supply chain network […]
Inflation or Deflation? Collapse in Demand Trumps Supply Shocks
Inflation or Deflation? Collapse in Demand Trumps Supply Shocks The inflationists are coming out of the woodwork, but they are wrong. Get Ready for the Return of Inflation, says Tim Congdon, in a Wall Street Journal op-ed. The economists Milton Friedman and Anna Jacobson Schwartz demonstrated in “A Monetary History of the United States” that a collapse […]
Permaculture and Money – Part 1
Permaculture and Money – Part 1 Cash, conflict and crisis: How is money connected to limited and violent beliefs, and how can we transcend these beliefs? Permaculture design is about finding ways in which parts of a system can harmonise together, creating regenerative patterns and structures which can help us to develop as part of […]
Permian Bankruptcies Could Fuel A Buying Spree For Big Oil
Permian Bankruptcies Could Fuel A Buying Spree For Big Oil The United States shale revolution is over. Production in the Permian Basin, which spreads across West Texas and Southeast New Mexico, has been slowing for months, but the novel coronavirus took things from bad to much, much worse for U.S. shale. The oil price shock […]
The Twilight-zone Economy Resulting From Covid-19
The Twilight-zone Economy Resulting From Covid-19 Currently, our economy is caught somewhere in the Twilight-Zone, a place that exists for moments but where wrong decisions often lead to madness. While this is happening a great deal of the population sits at home trying to ignore the reality developing outside their walls. The truth is we will not know […]
