Home » Economics (Page 81)
Category Archives: Economics
The age of dissonance
The age of dissonance As the surplus energy available to the economy declines, so the number of things that we can do in theory but can no longer do in practice will grow. This is the inverse of the technological efficiencies won in the course of three centuries of industrialisation – the peak of which […]
US Gas Prices Soar As Europe And Asia Scramble For LNG
US Gas Prices Soar As Europe And Asia Scramble For LNG U.S. gas prices have surged to the highest level in real terms since the financial crisis in 2008 as strong demand for LNG from buyers in Europe and Asia puts pressure on inventories. Front-month futures for gas delivered to Henry Hub in Louisiana are […]
Ukraine Grain Strain: Almost 25 Million Tonnes Blocked From Export
Ukraine Grain Strain: Almost 25 Million Tonnes Blocked From Export A massive backlog of grain shipments is piling up in Ukraine to the tune of nearly 25 million tonnes due to ‘infrastructure challenges’ and blocked ports in the Black Sea, including Mariupol, Reuters reports, citing a UN food agency official.’ Ukraine was the fourth-largest exporter of maize (corn) […]
An Economic ‘Atomic Bomb’: Hungary Threatens EU’s Latest Sanctions Against Russia, Including Oil Embargo
An Economic ‘Atomic Bomb’: Hungary Threatens EU’s Latest Sanctions Against Russia, Including Oil Embargo The European Union’s ban on Russian oil is in jeopardy Friday after Hungary’s Prime Minister Viktor Orban rejected proposals as too costly and too swift for the country to implement, marking a potentially lethal blow to the bloc’s plans to wean […]
Buckle Up for a Crashing Economy and More Inflation
Buckle Up for a Crashing Economy and More Inflation Jerome Powell began hinting that inflation might be a problem last August. In November, Powell retired the word “transitory.” But here we are in May and the Federal Reserve still hasn’t done anything substantive to address the inflation problem. And now it may be too late. It’s probably […]
Will You Starve to Death This Year?
Will You Starve to Death This Year?
The Great Crash of 2022 – What happens next? Go read the Book!
The Great Crash of 2022 – What happens next? Go read the Book! Yesterday’s market meltdown was heralded as a “capitulation trade”, but who knows? What we do know is there an awful lot to worry about, and the conditions for the BIG ONE have been building for decades. Time to re-read The Great Crash, […]
World’s Largest Fertilizer Company Warns Crop Nutrient Disruptions Through 2023
World’s Largest Fertilizer Company Warns Crop Nutrient Disruptions Through 2023 The world’s largest fertilizer company warned supply disruptions could extend into 2023. A bulk of the world’s supply has been taken offline due to the invasion of Ukraine by Russia. This has sparked soaring prices and shortages of crop nutrients in top growing areas worldwide; […]
Collapse Is Happening Before Our Eyes
Collapse Is Happening Before Our Eyes Analysts and authors, myself included, have been warning about the collapse of the dollar as the global reserve currency for years. I described this prospect in my first book, Currency Wars (2011), and in several other books in the years since. This process can take many years. For example, the decline […]
Dawn of Everything Conclusion
Dawn of Everything Conclusion Preface. Clearly for their conclusion to make sense you’ll need to read the book and see the evidence for yourself. Since they challenge just about all of the ideas currently in fashion, you can find some pretty damning reviews of their book, but do not believe them, the several I’ve read […]
U.S. East Coast Diesel Supply Is Running on Fumes
U.S. East Coast Diesel Supply Is Running on Fumes The horizon south of the Statue of Liberty is interrupted by the silhouettes of several oil-tank farms. New York harbor is the home of Wall Street and financial wizardry, but it’s also the place where old-school oil traders still buy and sell refined petroleum products the […]
SHTF! You HAVE TO HEAR What This TRUCKING INSIDER said to ME! PREP NOW!
SHTF! You HAVE TO HEAR What This TRUCKING INSIDER said to ME! PREP NOW!
Australia Shocks With Bigger Than Expected Rate Hike, As Lowe Admits Embarrassment At Being So Wrong
Australia Shocks With Bigger Than Expected Rate Hike, As Lowe Admits Embarrassment At Being So Wrong In our preview of what was expected to be Australia’s first rate hike since 2010, we said that consensus expects a 15bps rate hike to 0.25%, with a handful of bank still expecting a hold (including CBA, Goldman and […]
China and Russia are working on homegrown alternatives to the SWIFT payment system. Here’s what they would mean for the US dollar.
China and Russia are working on homegrown alternatives to the SWIFT payment system. Here’s what they would mean for the US dollar. Russian President Vladimir Putin and Chinese President Xi Jinping. Getty Images Some Russian banks have been banned from SWIFT, a cross-border messaging service for banks. India was reportedly considering a Russian proposal to use […]
Shortages of a Few Items Now Will Evolve Into Shortages of Hundreds of Products Later in 2022
Shortages of a Few Items Now Will Evolve Into Shortages of Hundreds of Products Later in 2022
