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New report outlines how Canada’s top CEOs raked in “boundless bonuses” in 2020
New report outlines how Canada’s top CEOs raked in “boundless bonuses” in 2020 The report recommends five policy solutions to tackle extreme wealth inequality. — No 2810 by fw, January 10, 2021 — “Every year we [Canadian Centre for Policy Alternatives] examine trends in CEO compensation in Canada. General trends show that compensation for the highest-paid […]
Global food prices rose ‘sharply’ during 2021
Global food prices rose ‘sharply’ during 2021 © WFP/Fredrik Lerneryd A rwandese farmer holds a handful of beans after the harvest. The UN’s benchmark food and commodity prices index rose sharply on average through 2021, compared with the previous year, the Food and Agriculture Organization (FAO) informed on Thursday. The agency’s Food Price Index, which tracks monthly changes […]
Fourth Turning 2022 — Bad Moon Rising
FOURTH TURNING 2022 – BAD MOON RISING “Try to unlearn the obsessive fear of death (and the anxious quest for death avoidance) that pervades linear thinking in nearly every modern society. The ancients knew that, without periodic decay and death, nature cannot complete its full round of biological and social change. Without plant death, weeds […]
#BareShelvesBiden Trends As Alarming Number Of People Report Empty Stores
#BareShelvesBiden Trends As Alarming Number Of People Report Empty Stores Before Christmas eve, President Biden declared his administration’s efforts to eliminate supply-chain bottlenecks ahead of the holiday season had succeeded. Ten days into the new year, we can firmly say that is not the case. The hashtag “BareShelvesBiden” has been trending on Twitter for the last 24 hours. […]
“Minsky Moments Almost Certainly Await”: Nomura Fears ‘Collateral’ Damage From The QE-to-QT Transition
“Minsky Moments Almost Certainly Await”: Nomura Fears ‘Collateral’ Damage From The QE-to-QT Transition “Minsky Moments” almost certainly await, warns Nomura’s Charlie McElligott in his latest note as he reflects on a massive week ahead for markets. With Powell testimony and bunches of Fed speakers, along with US economic releases headlined by the market’s most important datapoint in the […]
2021 Year in Review: Crisis of Authority and the Age of Narratives
2021 Year in Review: Crisis of Authority and the Age of Narratives Every year, friend-of-the-site David Collum writes a detailed “Year in Review” synopsis full of keen perspective and plenty of wit. This year is no exception. Poignant and delightfully acerbic when necessary, considering the troubling times. As with past years, he selected Peak Prosperity […]
Is Trudeau in Bed with Big Pharma?
Is Trudeau in Bed with Big Pharma? FOLLOW THE MONEY.
Edible Oil Prices Hit Record High As Food Inflation Worries Persist
Edible Oil Prices Hit Record High As Food Inflation Worries Persist Edible oil prices continue to surge to record highs amid adverse weather conditions for the world’s oilseed growers, adding to food-inflation worries that will persist through 2022. Rapeseed and canola prices hit another record high on Friday after last year’s harvests in North America […]
The Energy Crisis is Here – What’s Coming Next?
The Energy Crisis is Here – What’s Coming Next? “Europe’s Energy Crunch Sparks Panic in Asia and Dash to Buy Fuel” Bloomberg, September 16, 2021 “Europe’s Energy Crisis Is Coming for the Rest of the World, Too” Bloomberg, September 27, 2021 “European Energy Prices Surge to Records as Supply Crisis Spreads” Bloomberg, September 28, 2021 […]
Globalism’s Achilles’ Heel
Globalism’s Achilles’ Heel Supply chain disruptions have not been resolved, and it’s not clear when they will be. You’re seeing the effects of these disruptions at the store in the forms of shortages and higher prices. Yet the supply chain is a subject that very few are familiar with beyond a superficial acquaintance. Most people […]
UK Threatens Russia With ‘High Impact’ Sanctions Over Ukraine
UK Threatens Russia With ‘High Impact’ Sanctions Over Ukraine NATO foreign ministers are meeting Friday to discuss Ukraine On Thursday, British Foreign Secretary Liz Truss warned Russia that the UK is working on “high impact” sanctions Western powers could implement over allegations that Moscow is plotting to invade Ukraine. “The UK is working with our partners on these […]
Money supply and rising interest rates
Money supply and rising interest rates The establishment, including the state, central banks and most investors are thoroughly Keynesian, the latter category having profited greatly in recent decades from their slavish following of the common meme. That is about to change. The world of continual Keynesian stimulus is coming to its inevitable end with prices […]
Collapse You Say, Part 10/Time for Change, Part 1: Money
Collapse You Say, Part 10/Time for Change, Part 1: Money Waves, rocks and ice on the Lake Huron shore Earlier in this series (Parts 5 and 6) I looked at overpopulation and overconsumption and concluded that while both are serious problems, overpopulation is going to take decades to solve, while overconsumption could be addressed quite quickly. By reducing […]
The Zombie Ship of Theseus
The Zombie Ship of Theseus The Ship of Theseus is an old philosophical thought experiment. It asks a question about identity. Suppose you replace all of the boards of a ship with new ones—is it still the same ship? We are not going to try to resolve this millennia-old paradox. Instead, we are going to add one […]
