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Failures of an Economic Hitman in Turkey: Erdogan Re-elected
Failures of an Economic Hitman in Turkey: Erdogan Re-elected President Erdogan’s re-election in Turkey is a monumental failure of Western pressure. Because of it, it’s time to take our eyes off Ukraine and look at a different theater of World War III with equal if not bigger implications. Turkey is another in a now long […]
It will cost up to $21.5 billion to clean up California’s oil sites. The industry won’t make enough money to pay for it.
It will cost up to $21.5 billion to clean up California’s oil sites. The industry won’t make enough money to pay for it. An expert used California regulators’ methodology to estimate the cost of cleaning up the state’s onshore oil and gas industry. The study found that cleanup costs will be triple the industry’s projected […]
The Super Rich Are Robbing Us All Blind
The Super Rich Are Robbing Us All Blind They do it all the time. Adobe Stock Guess who’s the biggest welfare recipient in Mississippi state history. No, it’s not a single mom with three kids or a homeless drug addict. It’s Brett Favre, an American football hero. He’s worth $100 million. Recently, a reporter named Anna […]
ANALYSIS: Will Zimbabwe Pave the Way for Gold-Backed Money?
ANALYSIS: Will Zimbabwe Pave the Way for Gold-Backed Money? People walk past the Reserve Bank of Zimbabwe building in Harare, Zimbabwe, on Feb. 25, 2019. (REUTERS/Philimon Bulawayo/File Photo) Will gold rescue Zimbabwe from the ashes of economic despair and usher in a new economic era? Since Zimbabwe declared independence from the former Republic of Rhodesia […]
War of the Worlds
War of the Worlds Photo by Benjamin Behre on Unsplash In parallel with – but perhaps not entirely unrelated to – the many technical aspects of the long decline of industrial civilization, my attention is increasingly captured by the massive global geopolitical shift precipitated by the war in Eastern Europe. I incline to believe that this battle is […]
State Farm Halts Home Insurance Sales In California
State Farm Halts Home Insurance Sales In California Faltering California took another economic hit on Friday, as America’s largest personal lines insurer said it would immediately stop selling new home insurance policies in the state. California is the largest property and casualty insurance market in the country. State Farm attributed the decision to three factors: “historic increases in construction […]
Doug Casey on the Death of Privacy… and What Comes Next
Doug Casey on the Death of Privacy… and What Comes Next International Man: In practically every country, the allowable limit for cash withdrawals and transactions continues to be lowered. Further, rampant currency debasement is lowering the real value of these ridiculous limits. Why are governments so intent on phasing out cash? What is really behind this […]
Ha Joon Chang’s ‘Shortest Economics Textbook Ever’
Ha Joon Chang’s ‘Shortest Economics Textbook Ever’ The 5 things they don’t tell you about economics… Economics in brief from Ha Joon Chang At the time of writing this textbook, he was Professor of Economics at Cambridge University, UK, now with SOAS University of London? Chang has created some great resources, I’ve linked to some more […]
The Copper Conundrum
The Copper Conundrum Photo by Denis Yosifov on Unsplash Copper is at the heart of everything electric. It is no exaggeration to say, that our entire “renewable, clean, green” future hinges upon its uninterrupted supply. In fact, according to a recently released report, we would need to mine more of it than what we did during the course of […]
The US Banking System Is Sound?
The US Banking System Is Sound? Treasury Secretary Janet Yellen keeps insisting that the banking system is “sound.” Is it though? Because it doesn’t look particularly sound. In fact, we just witnessed the second-largest US bank failure ever. Government regulators seized control of First Republic Bank over the weekend and sold the majority of the […]
Global Rice Shortage Looms, Set To Be The Biggest In Decades
Global Rice Shortage Looms, Set To Be The Biggest In Decades Rice is the primary food source for over half of the global population, especially in emerging markets, where it plays a crucial role in feeding people. Last year, we highlighted the potential for a severe global rice shortage. A new report reveals that rice […]
America’s empire is bankrupt
America’s empire is bankrupt The dollar is finally being dethroned Let’s start with the basics. Roughly 5% of the human race currently live in the United States of America. That very small fraction of humanity, until quite recently, enjoyed about a third of the world’s energy resources and manufactured products and about a quarter of […]
World War Three Chronicles, Part 2
World War Three Chronicles, Part 2 As World War Three progresses with the proxy war in Ukraine grinding the nation and its war weary people into dust, we need to pay close attention to the second front. The systematic demolition of US Dollar Hegemony. Part one of this series is embedded here: World War Three Chronicles, Part1 We […]
“No Way Out” for Global Markets Trapped in a Doom Loop of Debt
“No Way Out” for Global Markets Trapped in a Doom Loop of Debt In this compelling conversation with Wealthion founder, Adam Taggart, Matterhorn Asset Management principal, Matthew Piepenburg, addresses the current and vast range of headline market topics, signals and risks. Inflation, deflation, risk assets, bond stress, cryptos, war, bank failures, CBDC’s rise, trapped policy […]
A Pyrrhic End to 130 Years of Vicious Bad Money and Banking Crises
A Pyrrhic End to 130 Years of Vicious Bad Money and Banking CrisesThe original vicious circle starts with inflationary interventions in an up-to-then well-anchored monetary regime. Consequent asset inflation spawns a banking crisis. That leads to the installation of anticrisis safety structures (one illustration is a novel or enhanced lender of last resort). Alongside a […]
