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#238. Money and the end of abundance
#238. Money and the end of abundance A FINANCIAL CRISIS PRIMER Amongst the world’s decision-makers, French president Emmanuel Macron has come closer than anyone to spelling out the reality of the current economic situation, saying that “we are in the process of living through a tipping point or great upheaval”, and referencing “the end of abundance” (my emphasis). […]
Fed Paper Admits the Central Bank Can’t Control Inflation; Finger-Points at Federal Government
Fed Paper Admits the Central Bank Can’t Control Inflation; Finger-Points at Federal Government It appears somebody at the Federal Reserve has figured out that the central bank can’t tame inflation, so it’s setting up a scapegoat – Uncle Sam. A paper co-authored by Leonardo Melosi of the Federal Reserve Bank of Chicago and John Hopkins University […]
Your Window Of Opportunity To Get Prepared Before The Catastrophic Events Of 2023 Is Rapidly Closing
Your Window Of Opportunity To Get Prepared Before The Catastrophic Events Of 2023 Is Rapidly Closing I don’t know how I could say it any more clearly. At this moment, the vast majority of the population is completely and utterly unprepared for what is ahead of us. Every day, there are more signs in the […]
“Prepare For An Epic Finale” – Jeremy Grantham Warns Stock Market ‘Super Bubble’ Has Yet To Burst
“Prepare For An Epic Finale” – Jeremy Grantham Warns Stock Market ‘Super Bubble’ Has Yet To Burst Having infamously spotted and profited from bubbles in Japan in the late 1980s, tech stocks at the turn of the century and in US housing before the 2008 financial crisis, GMO’s co-founder Jeremy Grantham laid out in his latest note to investors why the […]
“How In The Name Of God”: Shocked Europeans Post Astronomical Energy Bills As ‘Terrifying Winter’ Approaches
“How In The Name Of God”: Shocked Europeans Post Astronomical Energy Bills As ‘Terrifying Winter’ Approaches Over the past week, shocked Europeans – mostly in the UK and Ireland – have been posting viral photos of shockingly high energy bills amid the ongoing (and worsening) energy crisis. Several of the posts were from small business owners who […]
Greyerz – The US Economy Is Crashing But The Global Collapse Will Be Even More Terrifying
Greyerz – The US Economy Is Crashing But The Global Collapse Will Be Even More Terrifying Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that the US economy is crashing but the global collapse will be even more terrifying. _____ […]
“Don’t Be Fooled By Recent Strength… A Post-Dollar World Is Coming”
“Don’t Be Fooled By Recent Strength… A Post-Dollar World Is Coming” The currency may look strong but its weaknesses are mounting… This month, as the dollar surged to levels last seen nearly 20 years ago, analysts invoked the old Tina (there is no alternative) argument to predict more gains ahead for the mighty greenback. What […]
USA Henry Hub Gas Prices Climb to Record High
USA Henry Hub Gas Prices Climb to Record High The commodity almost hit the $10 per MMbtu mark for the first time. U.S. Henry Hub prices have climbed to a record high, Rystad Energy analyst Lu Ming Pang highlighted in a market note sent to Rigzone on Wednesday. The commodity almost hit the $10 […]
Wave Of European Ammonia Plant Closures To Exacerbate Food Crisis
Wave Of European Ammonia Plant Closures To Exacerbate Food Crisis A wave of European ammonia-plant shutdowns due to soaring natural gas prices has resulted in a devastating fertilizer crunch, worsening by the week, with as much as 70% of production offline. “Ammonia prices, though volatile, rose 15% in 3Q and could climb higher as Europe’s […]
What Will An EU Economic Collapse Look Like?
What Will An EU Economic Collapse Look Like?
UK “Passed Debt And Death Sentence On Millions” By Increasing Energy Price Cap By 80%
UK “Passed Debt And Death Sentence On Millions” By Increasing Energy Price Cap By 80% The 80% rise in the U.K.’s cap for consumer electricity and natural gas bills this fall will drive millions of households into energy poverty this winter as the worsening cost-of-living crisis stokes fears of recession. All the chatter today among British people […]
China’s Water Crisis Could Trigger Global Catastrophe
China’s Water Crisis Could Trigger Global Catastrophe China’s water crisis is nothing new, but it’s gotten worse – and is now on the ‘brink of catastrophe‘ and could trigger a global catastrophe, according to Foreign Affairs. Dried-up riverbed of Jialing river, a Yangtze tributary, China, August 2022 Thomas Peter / Reuters Given the country’s overriding importance to the […]
European Natural Gas Prices Are 6 Times Higher Than Last Year, And This Is Sparking Widespread Civil Unrest All Over Europe
European Natural Gas Prices Are 6 Times Higher Than Last Year, And This Is Sparking Widespread Civil Unrest All Over Europe This is going to be a bitterly cold winter for a whole lot of people. In particular, things are likely to get really uncomfortable in Europe. Soaring energy prices and concern about potential shortages […]
Cheap Places to Get Quality Preps
Cheap Places to Get Quality Preps By the author of The Ultimate Guide to Frugal Living and the online course Build a Better Pantry on a Budget If you’re like most folks, getting a good deal on your preps is of the utmost importance right now. With the economy collapsing around our ears, many of us are working to […]
The Fed Can’t Stop Supply-Side Inflation
The Fed Can’t Stop Supply-Side Inflation The Fed and other central banks have zero control of supply-driven inflation, period. America’s financial punditry is bewitched by four fatal fantasies: 1. Inflation is demand-driven. If the Federal Reserve (or other central banks) reduce demand with monetary tools like raising interest rates, inflation will cool. 2. Substitution of […]
