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Ominous Military & Financial Nuclear Threats Could Erupt in 2023
OMINOUS MILITARY & FINANCIAL NUCLEAR THREATS COULD ERUPT IN 2023 The world is today confronted with two nuclear threats of a proportion never previously seen in history. These threats are facing us at a time when the world economy is about to turn and decline precipitously not just for years but probably decades. The obvious […]
Top Marine General In Japan Bluntly Describes US Is “Setting The Theatre” For Future War With China
Top Marine General In Japan Bluntly Describes US Is “Setting The Theatre” For Future War With China The top Marine Corps General for Japan this week issued some very revealing statements in an interview focused on countering China in the Financial Times. Despite Chinese leadership insisting that the Taiwan and Ukraine situations are not comparable, this […]
More War Means More Inflation
Apu Gomes/AFP via Getty Images More War Means More Inflation Advanced economies and emerging markets are increasingly engaged in necessary “wars” – some real, some metaphorical – that will lead to even larger fiscal deficits, more debt monetization, and higher inflation on a persistent basis. The future will be stagflationary, and the only question is […]
World Bank Warns Global Economy “Perilously Close To Falling Into Recession”
World Bank Warns Global Economy “Perilously Close To Falling Into Recession” Six months ago, The World Bank slashed its global growth outlook for 2022 and 2023 to +2.9% and +3.0% respectively blaming “the war in Ukraine, lockdowns in China, supply-chain disruptions, and the risk of stagflation” for hammering growth. Today, in its latest report on global economic […]
Turkiye’s Erdogan Flips Syria on its Head
Turkiye’s Erdogan Flips Syria on its Head While we are all, rightfully, worried about what’s going on in Ukraine, those sneaky Russians are shoring up their situation on the south shores of the Black Sea and Eastern Mediterranean. As reported last week the meeting between Russia, Turkiye, and Syria took place between their Defense Ministers where […]
In 2022, the world as we knew it ended. Decades of conflict lie ahead
In 2022, the world as we knew it ended. Decades of conflict lie ahead The ‘end of history’ has concluded and the world has returned to conflicts between ‘great powers’. Let’s hope it doesn’t turn nuclear By Ivan Timofeev, Valdai Club Programme Director & one of Russia’s leading foreign policy experts.© Getty Images / erhui1979 […]
One Great Big Nasty Prediction for 2023
One Great Big Nasty Prediction for 2023 Welcome to 2023! The New Year’s edition of the Economic Prism is a place of wild conjecture and rough suppositions. A place where abstract thinking is celebrated. Imaginative cycle theories, deep metaphysics, fractal wave patterns, happy accidents, and amateur fortune tellers of all stripes are invited too. Today, […]
The most important question
The most important question Looks like we will make it to Dec 31, 2022. Will we make it to December 31, 2023? This question is not hyperbole. I would even argue that this is the single most important question for at least the entire northern hemisphere. I have been warning that Russia is preparing for […]
Zoltan Pozsar: G7 Investors Should Worry About Gold-Backed Renminbi Eclipsing Dollars, Commodity Encumbrance
Zoltan Pozsar: G7 Investors Should Worry About Gold-Backed Renminbi Eclipsing Dollars, Commodity Encumbrance Credit Suisse contributor Zoltan Pozsar has continued his ongoing series about Bretton Woods III where commodities will dictate the new world order. For his last dispatch of the year, he described how the world is now shifting to a multipolar order “being built not […]
Lviv & Kiev Plunged Into Darkness After ‘Massive’ Missile Attack; Ukrainian S-300 Lands In Belarus
Lviv & Kiev Plunged Into Darkness After ‘Massive’ Missile Attack; Ukrainian S-300 Lands In Belarus Ukraine has been hit with a “massive” attack of over 120 missiles across the country Thursday, its military and presidency’s office said. “December 29. Massive missiles attack… The enemy is attacking Ukraine from various directions with air and sea-based cruise missiles from strategic aircraft […]
Report Warns Risk of Nuclear War At Its Highest Since US Nuked Japan
Report Warns Risk of Nuclear War At Its Highest Since US Nuked Japan President Biden has recognized the risk of nuclear war but continues to escalate against Moscow A Swedish group that assesses catastrophic risks warned in its annual report this year that the risk of nuclear weapons use is higher today than at any […]
Dave Collum’s 2022 Year In Review, Part 2: The War In Ukraine & How Does It End?
Dave Collum’s 2022 Year In Review, Part 2: The War In Ukraine & How Does It End? Hello darkness my old friend. I come to talk with you again. ~ Simon and Garfunkle in The Sounds of Silence This Year in Review is brought to you by Pfizer, FTX, and Raytheon… Every year, David Collum writes a detailed […]
Dave Collum’s 2022 Year In Review, Part 1: All Roads Lead To Ukraine
Dave Collum’s 2022 Year In Review, Part 1: All Roads Lead To Ukraine This Year in Review is brought to you by Pfizer, FTX, and Raytheon… Every year, David Collum writes a detailed “Year in Review” synopsis full of keen perspective and plenty of wit. This year’s is no exception, with Dave striking again in his usually […]
