Home » Economics (Page 71)
Category Archives: Economics
Belgian PM Warns “Next 5-10 Winters Will Be Difficult” As Energy Crisis Worsens
Belgian PM Warns “Next 5-10 Winters Will Be Difficult” As Energy Crisis Worsens Belgian Prime Minister Alexander De Croo might have spilled the beans about the duration of Europe’s energy crisis. He told reporters Monday, “the next 5 to 10 winters will be difficult.” “The development of the situation is very difficult throughout Europe,” De Croo told […]
The Pause…
The Pause… I have frequently described “Project Zimbabwe” as a highly inflationary cycle where both fiscal and monetary stimulus go into insanity mode. While I sincerely hope we don’t go hyperinflationary like Zimbabwe, I certainly think we see an elongated period of substantial and debilitating inflation. When this cycle finally ends, society and our financial […]
Geopolitics: the world is splitting into two
Geopolitics: the world is splitting into two While we are being distracted by Ukraine, President Putin has advanced his geopolitical goals materially. Aided and abetted by President Xi, Putin is taking the Asian continent into his control. That mission is well on its way to being achieved. He now awaits the winter months to finally […]
Winter is Coming for the UK
Winter is Coming for the UK The outlook for the UK looks increasingly grim. There are few reasons to hope a new government can reverse the mounting consumer fears, stagflation and the growing sense of decline. “Tell them the North remembers. Tell them Winter is Coming.” This morning. The outlook for the UK looks increasingly grim. […]
German Consumers Just Learned How Much Extra They Will Have To Pay For Gas This Winter
German Consumers Just Learned How Much Extra They Will Have To Pay For Gas This Winter With millions of German facing a painful freeze in the coming months, a winter gas surcharge, which will come into effect in October for German households and businesses, was set at 2.4 euro cents per kilowatt hour on Monday, DW […]
Taming The Greedocracy
Taming The Greedocracy American elites want magical technological fixes to climate change because they refuse to confront the truth that seriously addressing the problem would require limits to their own power and luxury. Few of us want to face the climate mess. The numbers are scary and confusing, and the facts have never been reported […]
“Worst I’ve Ever Seen”: Cotton Prices Soar After Historic USDA Cut Amid Megadrought
“Worst I’ve Ever Seen”: Cotton Prices Soar After Historic USDA Cut Amid Megadrought US cotton prices continued to surge above the boom days of 2010-11 after a massive crop estimate cut by the USDA, shocking Wall Street analysts and traders, due primarily to a megadrought scorching farmland of Texas, according to Bloomberg. Futures in New York for December delivery […]
It’s Game Over for the Fed—Expect a Monetary “Rug Pull” Soon…
It’s Game Over for the Fed—Expect a Monetary “Rug Pull” Soon… You often hear the media, politicians, and financial analysts casually toss around the word “trillion” without appreciating what it means. A trillion is a massive, almost unfathomable number. The human brain has trouble understanding something so huge. So let me try to put it […]
A third of Brits face poverty with energy bills set to hit $5,000
A third of Brits face poverty with energy bills set to hit $5,000 London (CNN Business) Nearly one third of households in the United Kingdom will face poverty this winter after paying energy bills that are set to soar again in January, campaigners say. About 10.5 million households will be in fuel poverty for the first three […]
Food – are we facing a Crisis or an Opportunity?
Image by author Home/General/Food – are we facing a Crisis or an Opportunity? Food – are we facing a Crisis or an Opportunity? This post shares four things. The one that takes up the most space is about those two little words “food crisis” that are starting to make headlines. There’s a reason they’re making […]
Germany’s Industrial Heartland Faces Crisis As Rhine River May Become Impassable By Friday
Germany’s Industrial Heartland Faces Crisis As Rhine River May Become Impassable By Friday Water levels on the Rhine River are nearing dangerously low levels, and new forecasts expect Europe’s most critical waterway for inland commodity shipments via barges could be impassable by the end of the week. The river at Kaub, Germany, is 47 centimeters (18.5 […]
Steve Keen: “Mythonomics”
Steve Keen: “Mythonomics” On this episode, we meet with Economist, Author, and Research Fellow at the Institute for Strategy, Resilience, and Security at University College in London, Steve Keen. Keen discusses how mainstream economics misses the centrality of energy to our economy and to our futures, the naive treatment to the risks of money and […]
A Winter of Anger
A Winter of Anger Vincent van Gogh Beach at Scheveningen in Stormy Weather 1882It is very simple: if you’d ask most citizens of whichever EU country if they are willing to risk being unable to feed and heat their children in order to support Ukraine and Zelensky, they would say NO. Hell no! But that is what […]
“Revolution Has Begun”: 75,000 Brits To Stop Paying Power Bills Amid Inflation Storm
“Revolution Has Begun”: 75,000 Brits To Stop Paying Power Bills Amid Inflation Storm The resistance is growing as more than 75,000 irritated people in the UK have pledged not to pay their electricity bill this fall when prices jump again. “75,000 people have pledged to strike on October 1st! If the government & energy companies […]
