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Germany Threatens To Halt Nord Stream 2 If Russia Attacks Ukraine
Germany Threatens To Halt Nord Stream 2 If Russia Attacks Ukraine On Tuesday German Chancellor Olaf Scholz was asked directly in a press Q&A whether a Russian military offensive in Ukraine might lead to NATO military intervention on behalf of Kiev. Scholz responded by underlining “serious” political and economic consequences, but appeared to rule out any assistance from […]
Texas’ Power Grid “Could Be At Risk” Ahead Of Cold Blast
Texas’ Power Grid “Could Be At Risk” Ahead Of Cold Blast The primary grid operator for Texas, the Electric Reliability Council of Texas (ERCOT), is preparing for another round of bitterly cold weather that may disrupt natural gas power plants. National Weather Service (NWS) anticipates temperatures across parts of the Lone Star State to plunge […]
Russian ‘False Flag’ In Ukraine Story Emerged After CIA Director Secretly Visited Kiev
Russian ‘False Flag’ In Ukraine Story Emerged After CIA Director Secretly Visited Kiev On Monday it came to light that last week’s whole false flag story which involved the US alleging that Russia is planning some kind of deceptive attack on its own forces or proxies in order to justify an incursion into Ukraine was fed straight to […]
China Coal Production Hits Record To Avoid Energy Crisis
China Coal Production Hits Record To Avoid Energy Crisis Many of us in the Western world are spending the most ever on electricity bills, forced to eat fake meat, and paying a lot more in taxes for green initiatives. At the same time, China ignores the green revolution by ramping up record coal production in […]
It Has Been 7% Inflation Since 1996
It Has Been 7% Inflation Since 1996 And so finally, now fiat $USD financial authorities are being forced to admit we have at a minimum 7% price inflation annualized. The issue, as per usual, is the real value loss truth is like twice that amount in terms of real purchasing power disappearances over the last twelve months. To […]
100 Million Americans In Path Of Dangerous Winter Storm
100 Million Americans In Path Of Dangerous Winter Storm A massive winter storm could impact upwards of 100 million people across the Southeast, Mid-Atlantic, and Northeast during the latter part of the Martin Luther King Jr. holiday weekend. National Weather Service (NWS) issued winter storm warnings for 19 states, with some areas over the Appalachians could experience […]
Labor Shortage And Surging Shipping Costs Are Biggest Drivers Of US Food Inflation
Labor Shortage And Surging Shipping Costs Are Biggest Drivers Of US Food Inflation Setting aside the ever-present issue of the global supply chain crunch presently gestating in the PROC, where factories and ports are struggling with the most restrictive lockdown measures since the (Fauci-funded) “China virus” first burst forth out of Wuhan, the US is still facing […]
Supermarkets Slash Hours As Workers Call Out Sick; Store Shelves Remain Bare
Supermarkets Slash Hours As Workers Call Out Sick; Store Shelves Remain Bare Labor shortages at supermarkets across the country have increased in recent weeks as the COVID-19 omicron variant continues to spread. Workers are calling sick, and there are not enough cashiers, baggers, and stockers, forcing some supermarket chains to slash hours of operations. Compounding […]
Undersea Volcano Eruption Triggers Massive Shockwave, Tsunami Strikes South Pacific Island
Undersea Volcano Eruption Triggers Massive Shockwave, Tsunami Strikes South Pacific Island An undersea volcanic eruption occurred 40 miles off the coast of the South Pacific country of Tonga on Saturday. Satellite imagery shows the eruption unleashed a massive shockwave as a plume of ash was flung 12.4 miles into the atmosphere. US Storm Watch said the […]
“Drumbeat Of War Sounding Loud” US Says After Russia Declares Talks At “Dead End”
“Drumbeat Of War Sounding Loud” US Says After Russia Declares Talks At “Dead End” A top US security official in Europe has warned the “drumbeat of war is sounding loud” amid this week’s series of NATO and Russian talks, also as Washington and Brussels continue to condemn Russia’s troop build-up near Ukraine. “We’re facing a crisis in […]
Global Economy Heading For “Mother Of All” Supply Chain Shocks As China Locks Down Ports
Global Economy Heading For “Mother Of All” Supply Chain Shocks As China Locks Down Ports Over the past month, as Wall Street turned increasingly optimistic on US growth alongside the Fed, with consensus (shaped by the Fed’s leaks and jawboning) now virtually certain of a March rate hike, we have been repeatedly warning that after […]
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 […]
#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 […]
