Home » Economics (Page 52)
Category Archives: Economics
The War for the Dollar is Over Part II: The Fly or the Windshield?
The War for the Dollar is Over Part II: The Fly or the Windshield? Live images flashing by Like windshields towards a fly Frozen in that fatal climb But the wheels of time, just pass you by -RUSH, “Between the Wheels” In part I of this series I told you the war over the US dollar […]
“Worst Since Lehman”: Banks Break The World Again
“Worst Since Lehman”: Banks Break The World Again Last week we detailed BofA’s Michael Hartnett’s warning that “The Fed will tighten until something breaks”. Well, something just broke… SVB’s collapse – the second biggest US bank failure in history – dominated any reaction to this morning’s mixed bag from the BLS (hotter than expected earnings growth, rising unemployment (especially […]
What If There Are No Solutions?
What If There Are No Solutions? The unencumbered realist concludes that there are no solutions within a status quo structure that is itself the problem. Realists who question received wisdom and conclude the status quo is untenable are quickly labeled pessimists because the zeitgeist expects a solution is always at hand–preferably a technocratic one that requires zero […]
Pakistan’s Dystopian Warning to the World
Pakistan’s Dystopian Warning to the World Supporters of former Prime Minister Imran Khan at a rally in Rawalpindi in November. Photographer: Asad Zaidi/Bloomberg Pakistan has touted itself as one of the world’s cradles of civilization, flourishing for thousands of years along ancient trade routes passing through the fertile Indus Valley. Now it presents a dystopian […]
Central Bank Digital Currency Prison – Catherine Austin Fitts
Central Bank Digital Currency Prison – Catherine Austin Fitts Catherine Austin Fitts (CAF), Publisher of The Solari Report, financial expert and former Assistant Secretary of Housing (Bush 41 Admin.), says the Central Bank Digital Currency (CBDC) is much easier said than done. There is a monster fight behind the scenes between commercial banks and central […]
The Top 3 Reasons the US Has Entered the Inflation Death Spiral
The Top 3 Reasons the US Has Entered the Inflation Death Spiral Rapidly rising food, housing, medical, and tuition prices are squeezing Americans, and many do not understand the real cause of their falling living standards. That confusion opens the door for opportunistic politicians who promise supposed freebies to ease the pain of inflation. Many, […]
Fed Fears Complete Economic Collapse – Peter Schiff
Fed Fears Complete Economic Collapse – Peter Schiff Money manager and economist Peter Schiff said in October the Federal Reserve “could NOT win the fight on inflation by raising interest rates.” As inflation just turned up anew, it looks like he was right—again. Schiff explains, “Based on the recent data we got . . . […]
#246: The Surplus Energy Economy, part 1
#246: The Surplus Energy Economy, part 1 FROM FIRST PRINCIPLES Introduction We have reached a turning-point at which economics and the economy have parted company. Orthodox economics continues to promise growth in perpetuity, but the economy itself is going in the opposite direction. The explanation for this is simple. Conventional economics assumes that the economy is […]
Iraqi central bank to drop dollar for yuan in trade with China
Iraqi central bank to drop dollar for yuan in trade with China Iraq is the latest nation in the Global South to move away from the US dollar in bilateral trade with China (Photo credit: AFP) The Iraqi central bank announced on 22 February that, for the first time, it plans to allow trade from […]
Neocons Need War Because Monetary System Collapsing – Martin Armstrong
Neocons Need War Because Monetary System Collapsing – Martin Armstrong Legendary financial and geopolitical cycle analyst Martin Armstrong said at the end of last year the U.S. is being set up for a “nightmare fall.” Train derailments and political problems are spinning out of control, but the biggest threat is war. Armstrong explains, “They want […]
Gold’s return as money
Gold’s return as money The consequences of Russia and her Asian allies embracing gold backing for their currencies are poorly understood in western capital markets. This move could lead to the destruction of the global fiat currency system. According to evidence which is widely ignored in western capital markets, a move by Russia to put […]
Is Switzerland About to Become First Country to Outlaw a Cashless Society?
Is Switzerland About to Become First Country to Outlaw a Cashless Society? As in neighboring Germany and Austria, cash is still king in Switzerland albeit a much diminished one. But the Swiss will soon have the chance to vote on whether to preserve notes and coins indefinitely. This is a rare positive news story that, […]
Will Nuclear War, Debt Collapse or Energy Depletion Finish the World?
WILL NUCLEAR WAR, DEBT COLLAPSE OR ENERGY DEPLETION FINISH THE WORLD? Fragility has probably never been greater in history. Just three words encapsulate the destiny of the world. The THREE words are: WAR, DEBT, ENERGY A FOURTH word will financially save the ones who understand its significance. It will also play a major role in the […]
Two Different Perspectives – Same Conclusion: Modern Lifestyles Will End Soon
Two Different Perspectives – Same Conclusion: Modern Lifestyles Will End Soon Dr. Berndt Warm’s Perspective Thanks to Marromai for finding this new paper by physicist Dr. Berndt Warm. Dr. Warm uses 5 different methods, 4 relying on economics, and 1 on thermodynamics, to predict when the end of oil production and motor vehicle production will occur. All 5 methods […]
