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Forecast 2022 — Dumpster Fire Blazing on the Frontier of a Dark Age

Forecast 2022 — Dumpster Fire Blazing on the Frontier of a Dark Age If 2021 was the year of maximum corruption, political decadence, and mind-fuckery in US history, 2022 is looking like a convulsive snap-back to the harrowing rigors of reality, spiked with shocking losses, reckonings, and not a little retribution for the rogues and […]

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US Consumer Prices Soar At Fastest In 39 Years, Real Wages Tumble For 9th Straight Month

US Consumer Prices Soar At Fastest In 39 Years, Real Wages Tumble For 9th Straight Month Consensus was convinced – with barely any outliers – that this morning’s consumer price index would print with an astonishing 7.0% YoY (and notably 7 of the last 9 releases have come in above consensus) and they nailed it […]

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Peter Schiff: The Fed Can’t Do What It’s Saying It Will Do

Peter Schiff: The Fed Can’t Do What It’s Saying It Will Do The Fed FOMC minutes came out last week, signaling tighter monetary policy. Peter Schiff talked about the minutes in his podcast, arguing that the Fed can’t do what it says it’s going to do. If it does, it will crash the markets and the economy. […]

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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 […]

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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 […]

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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 […]

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#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. […]

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“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 […]

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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 […]

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Central Banks Rush to Protect Themselves from Incoming Disaster

Central Banks Rush to Protect Themselves from Incoming Disaster Image courtesy of European Central Bank The times, they are a-changin’, as Bob Dylan tells us. On the global economic stage, the U.S. isn’t the dominant economic superpower that it once was. This conclusion comes from the declining popularity of dollars among global central banks. Around the […]

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Is Trudeau in Bed with Big Pharma?

Is Trudeau in Bed with Big Pharma? FOLLOW THE MONEY. 

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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 […]

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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 […]

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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 […]

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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 […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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