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Running on Empty, Part IV
Running on Empty, Part IV How the War between Russia and Ukraine is Destroying the Petrodollar System Welcome to Part IV of Running on Empty, my four-part analysis of the Petrodollar system. Part I of this series explained that the US dollar is the world’s first reserve currency that is not backed by precious metals. Instead it is […]
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 […]
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. […]
Third of Global Population Killed in Next War Cycle – Charles Nenner
Third of Global Population Killed in Next War Cycle – Charles Nenner Renowned geopolitical and financial cycle expert Charles Nenner says his analysis shows the world will start a huge war cycle by 2023. This type of war is similar to WWII but much bigger. Nenner explains, “The cycle work I do on wars starts […]
Hedges: No Way Out but War
Hedges: No Way Out but War Permanent war has cannibalized the country. It has created a social, political, and economic morass. Each new military debacle is another nail in the coffin of Pax Americana. Original Illustration by Mr. Fish — “No Guts No Glory” The United States, as the near unanimous vote to provide nearly […]
Rabobank: We Are In An Undeclared Global Economic War, And Worldwide Famine Is Coming
Rabobank: We Are In An Undeclared Global Economic War, And Worldwide Famine Is Coming How Dare You Markets whipsawed yesterday after bad US initial jobless claims and Philly Fed data, with stocks down and bond yields also lower, as was the US dollar. Commodities were a mixed picture, however, and oil prices rose around 5% again […]
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) […]
US Intel Assisted In Sinking Russian Flagship Vessel: Officials Claim Bombshell Escalation
US Intel Assisted In Sinking Russian Flagship Vessel: Officials Claim Bombshell Escalation Less than 24 hours after The New York Times issued a provocative report citing unnamed US officials who are celebrating that American intelligence-sharing with Ukraine’s military has helped take out multiple Russian generals since the Feb.24 invasion, NBC News is out with yet another bombshell claim sourced […]
The People Behind DHS’s Orwellian “Disinformation Governance Board”
The People Behind DHS’s Orwellian “Disinformation Governance Board” A “Disinformation Governance Board” has just been created and is going to be run by the Department of Homeland Security. Their primary goal is going to be to “police” what is deemed to be “misinformation” or “disinformation.” No clarification has been given as of yet as to […]
The world has a major crude oil problem; expect conflict ahead
The world has a major crude oil problem; expect conflict ahead Media outlets tend to make it sound as if all our economic problems are temporary problems, related to Russia’s invasion of Ukraine. In fact, world crude oil production has been falling behind needed levels since 2019. This problem, by itself, encourages the world economy […]
You Are Not Real
You Are Not Real Shakespeare’s famously gory “Titus Andronicus” is replete with violence, including fourteen deaths. Yet it continues to be performed, and audiences continue to sign up for a frisson of fear and pity, because this is not real. After the play, the actors get up, wash off the fake blood, and join the […]
Ukraine war: World Bank warns of ‘human catastrophe’ food crisis
Ukraine war: World Bank warns of ‘human catastrophe’ food crisis IMAGE SOURCE,GETTY IMAGES The world faces a “human catastrophe” from a food crisis arising from Russia’s invasion of Ukraine, World Bank president David Malpass has said. He told the BBC that record rises in food prices would push hundreds of millions people into poverty and […]
Ukraine war: World Bank warns of ‘human catastrophe’ food crisis
Ukraine war: World Bank warns of ‘human catastrophe’ food crisis IMAGE SOURCE,GETTY IMAGES The world faces a “human catastrophe” from a food crisis arising from Russia’s invasion of Ukraine, World Bank president David Malpass has said. He told the BBC that record rises in food prices would push hundreds of millions people into poverty and […]
Will We Have Food Shortages In America?
Will We Have Food Shortages In America? Aerial shot of a milling tractor (Tom Fisk/Pexels). Higher Food Prices And Shortages? Our system has been betting on higher food prices since earlier this year, and of course the war in Ukraine has put upward pressure on food an energy. But now one of our Twitter correspondents […]
