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The Moment Biden Casually Committed To WW3 Over Taiwan At Last Night’s Town Hall
The Moment Biden Casually Committed To WW3 Over Taiwan At Last Night’s Town Hall Apparently the commander-in-chief thinks that the United States has some kind of treaty or “commitment” to defend Taiwan in the scenario of an attack from China. There is absolutely no commitment to do such a thing, but the casualness with which […]
Corporate Greed the ‘Real Culprit Behind Rising Prices,’ Researchers Say
Corporate Greed the ‘Real Culprit Behind Rising Prices,’ Researchers Say “The more sway mega-corporations have over our economy, the more power they have to gouge customers, squeeze Main Street, and exploit workers.” Amid mounting data showing that people are paying more for food at grocery stores around the United States, a new analysis out Wednesday reveals how corporate […]
Are the US Supply Chain Disruptions Deliberate?
Are the US Supply Chain Disruptions Deliberate? (Image by © Reuters / Alan Devall) Deputy Treasury Secretary Wally Adeyemo may have accidentally leaked the cause of America’s supply chain issues. “The reality is the only way we’re going to get to a place where we work through this transition is if everyone in America and everyone […]
IHS Market Warns Of “Armageddon” For US Propane Market
IHS Market Warns Of “Armageddon” For US Propane Market The expanding energy crisis is causing propane to rocket higher (read: here) as supplies dwindle to below seasonal levels as research firm IHS Markit Ltd. warns of “armageddon” during the Northern Hemisphere winter. IHS analyst Edgar Ang told attendees during a virtual presentation on Tuesday that US […]
Winter Is Coming: Russia Signals No Extra Gas For Europe Without Nord Stream 2
Winter Is Coming: Russia Signals No Extra Gas For Europe Without Nord Stream 2 The big picture was clear to anyone who bothered to keep their eyes open: back in August, when we first reported that Russian supplies of nat gas via the Yamal pipeline had collapsed and when the first stirrings of the upcoming […]
Stagflation is Here
Stagflation is Here QUESTION: When do we talk about stagflation? F ANSWER: We are already experiencing it. Normally, the standard definition of “stagflation” has been explained as slow economic growth with relatively high unemployment/or economic stagnation that takes place with rising prices. Some have also defined it as a period of inflation combined with a […]
Viewing Inflation Through Rose-Colored Glasses
Viewing Inflation Through Rose-Colored Glasses Once “we get the pandemic under control, the global economy comes back, these pressures will mitigate and I believe will go back to normal levels,” Treasury Secretary Janet Yellen stated, echoing “transitory” sentiments by Fed Chairman Jerome Powell. Powell believes supply chain bottlenecks are the main culprit for inflation. Well, […]
After Rapid-Fire “Blame Putin” Headlines, European Commission Quietly Affirms Russia Is Not Manipulating Gas Market
After Rapid-Fire “Blame Putin” Headlines, European Commission Quietly Affirms Russia Is Not Manipulating Gas Market Putin earlier this week batted down as “utter nonsense” widespread accusations among Western media pundits that Europe’s energy crisis is due to the Kremlin using gas as a ‘geopolitical weapon’. It now appears the European Commission is quietly agreeing with him. This as […]
Lies, Lies & More Lies from the Financial Press
Lies, Lies & More Lies from the Financial Press COMMENT: Marty; the Fed quietly published the banks it was funding in the Repo Crisis. I just wanted to say, you are always right. The press claimed it was tax time, but you said it was the crisis in European banks. Your sources are always spot on. […]
Now A U.S. Government Official Is Telling Us That The Supply Chain Nightmares Could Potentially Last For Years
Now A U.S. Government Official Is Telling Us That The Supply Chain Nightmares Could Potentially Last For Years The truth is starting to come out, and a lot of people aren’t going to like it. When the supply chain problems and the shortages began, government officials repeatedly assured us that they would just be temporary, […]
Is America Doomed To Replicate Europe’s Energy Crisis?
Is America Doomed To Replicate Europe’s Energy Crisis? What is happening in Europe—including the UK, by the way, one of the most active energy transitioners—right now is a cautionary tale of magnificent proportions. Europe was in no particular rush to top up its gas reserves at the time, and neither was Asia. The quick deterioration […]
Karen Greenberg, Apologies All Around (Unfortunately, Not)
Karen Greenberg, Apologies All Around (Unfortunately, Not) Just in case you didn’t realize it, the lost war in Afghanistan was their fault, not ours. If we had any fault at all, as Secretary of Defense and former Iraq War commander Lloyd Austin pointed out at a Senate hearing last week, it was not fully grasping how bad […]
Anyone Who’d Support Going To War Over Taiwan Is A Crazy Idiot
Anyone Who’d Support Going To War Over Taiwan Is A Crazy Idiot Listen to a reading of this article: ❖ Taiwan has been in the news a lot lately, and it’s really bringing out the crazy in people. The mass media have been falsely reporting that China has been encroaching on Taiwan’s “air defense zone”, which gets stretched into […]
Tiny North American Oat Crop Could Be Coming for Your Breakfast
Tiny North American Oat Crop Could Be Coming for Your Breakfast The smallest harvest ever in the U.S. is expected to shrink supplies needed for everything from Cheerios to oat milk A drought struck North America’s oat fields this season, and farmers are harvesting such a small crop that prices have risen to record highs, signaling inflation for breakfast […]
US Heating Oil Supplies Lowest In Decades Ahead Of Winter
US Heating Oil Supplies Lowest In Decades Ahead Of Winter Americans are hoping the energy crisis in Asia and Europe won’t spread stateside. But industry insiders warn that winter blackouts across the US are possible as low fossil fuel stockpiles may lead to shortages amid heightened demand. The latest concern is ultra-low stockpiles of heating oil (distillate fuel […]
