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The Big Questions We Should All Be Asking Geopolitically
The Big Questions We Should All Be Asking Geopolitically To say that current events are ‘messy’ today would be the height of understatement. Everyday the headlines blare at us some new set of contradictory data points convincing us of some lie that serves someone’s purpose. No matter how hard we try to keep up with […]
THE WOLF STREET REPORT: Tech Bust Takes Next Step: Layoffs & Hiring Freezes
THE WOLF STREET REPORT: Tech Bust Takes Next Step: Layoffs & Hiring Freezes Dotcom Bust 2 has begun. Only bigger (you can also download the WOLF STREET REPORT wherever you get your podcasts). Enjoy reading WOLF STREET and want to support it? Using ad blockers – I totally get why – but want to support the […]
IEA: Current Energy Crisis Is “Much Bigger” Than 1970s Oil Crunch
IEA: Current Energy Crisis Is “Much Bigger” Than 1970s Oil Crunch IEA Chief Birol: The world faces a “much bigger” energy crisis than the one of the 1970s. Back in the 1970s, the crisis was just about oil. Birol: The world, especially Europe, could face a summer of shortages of gasoline, fuel, and jet fuel. […]
BofA: Sharp Decline In Russian Exports Could Send Oil Above $150
BofA: Sharp Decline In Russian Exports Could Send Oil Above $150 Analysts: Asian buyers are unlikely to be able to absorb all the Russian oil unwanted in the West. There is a distinct possibility of a sharp drop in Russian oil exports. BofA: A sharp contraction in Russian oil exports could push Brent well past […]
Brent crude rises above $120 a barrel as UK fuel prices hit record highs
Brent crude rises above $120 a barrel as UK fuel prices hit record highs Price increases on global oil markets and at UK forecourts add to concerns about rising inflation and its impact Diesel prices in the UK hit a record 182.7p a litre on Saturday, taking the cost of filling up a 55-litre diesel […]
Households Worldwide Wrecked By Soaring Gas Prices
Households Worldwide Wrecked By Soaring Gas Prices Soaring commodity prices have been financially devastating for households, devoting larger and larger shares of disposable income to pay for energy. For instance, at nine California filling stations, the price of regular gas is higher than the federal minimum wage. Patrick De Haan of GasBuddy said several gas stations in Los […]
Perpetual Debt, Perpetual War
Perpetual Debt, Perpetual War It’s always useful to visit the museum in order to offset the recency bias that distorts perceptions of current realities. In the great scheme of things, the picture below is admittedly not that ancient – from just 42 years ago. But it is nevertheless a museum piece because it pertains to […]
End of the 40-Year Bull in Debt and a “Global Depression” Threat
End of the 40-Year Bull in Debt and a “Global Depression” Threat Francis Hunt interviews Danielle DiMartino Booth in a must watch video, her most economically comprehensive yet. Discussion Topics Please do yourself a favor and watch the video link below. Here are just some of topics discussed. Possible end of the 40-year bull in […]
Bankrupt Sri Lanka Takes Russian Crude As Fuel Crisis Depletes Stocks, Mulls Loan From China
Bankrupt Sri Lanka Takes Russian Crude As Fuel Crisis Depletes Stocks, Mulls Loan From China A foreign exchange shortage has resulted in the worst financial crisis Sri Lanka has ever endured, with shortages of everything from food to crude. Fuel supplies are down to just days, food has run out at supermarkets, and social-economic chaos has unfolded […]
Social tipping points of the 2020s
Social tipping points of the 2020s Anyone who reads the news and walks the earth with open eyes sees that in this day and age “all that is solid melts into air, all that is holy is profaned.” But we are only at the beginning of epochal changes. Our ecosystem and socio-economic system are already flickering and it’s […]
Australian fuel import bill going sky-high
Australian fuel import bill going sky-high In March 2022 Australia’s petroleum product imports have reached almost AU$ 4 bn per month, an increase of 70% compared to December 2019. Fig 1: Petroleum product imports by volume (black lines) and value (brown line) Fig 2: Australian dollar to US$ exchange rate The Australian Dollar was also […]
World Has Just ’10 Weeks’ of Wheat Supplies Left in Storage, Analyst Warns
A combine drives over stalks of soft red winter wheat during the harvest on a farm in Dixon, Illinois, on July 16, 2013. (REUTERS/Jim Young) World Has Just ’10 Weeks’ of Wheat Supplies Left in Storage, Analyst Warns The world has only about 10 weeks of wheat supplies left in storage amid the conflict in Ukraine and […]
