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California Begins Cutting Power To 361,000 Customers As Fire Risk Surges
California Begins Cutting Power To 361,000 Customers As Fire Risk Surges Facing bone-crushing dryness and the strongest winds of the wildfire season, California’s largest utility company, Pacific Gas and Electric (PG&E) which filed for historic bankruptcy due to its role in previous infernos sweeping across the state has “de-energized certain electrical lines” in Northern California, which may result […]
World leaders are planning new lock downs to introduce “The World Debt Reset Program” which includes universal basic income and vaccination requirements
World leaders are planning new lock downs to introduce “The World Debt Reset Program” which includes universal basic income and vaccination requirements (Natural News) World leaders are preparing for a second and third wave of covid-19 cases and are fine-tuning their lock down strategies which will be implemented late in 2020 and into 2021. Their planning […]
Why We’re Doomed: Our Delusional Faith in Incremental Change
Why We’re Doomed: Our Delusional Faith in Incremental Change Better not to risk any radical evolution that might fail, and so failure is thus assured. When times are good, modest reforms are all that’s needed to maintain the ship’s course. By “good times,” I mean eras of rising prosperity which generate bigger budgets, profits, tax revenues, […]
“Prolonged Period of Risk to Institutional and Retail Investors of Further – Possibly Significant – Market Corrections”
“Prolonged Period of Risk to Institutional and Retail Investors of Further – Possibly Significant – Market Corrections” European Market Regulator flags big issues, including the “decoupling of financial market performance and underlying economic activity.” The European Securities and Markets Authority (ESMA) warned of a “prolonged period of risk to institutional and retail investors of further […]
Is the pandemic causing an exodus from big cities?
Is the pandemic causing an exodus from big cities? Thomas Homer-Dixon, the Canadian student of complex systems and author of The Upside of Down, wrote in his 2006 book that “September 11 and Katrina won’t be the last time we walk out of our cities.” Today, many big-city dwellers appear to be seeking refuge in less […]
Wet’suwet’en Fear Contaminated Soil Cleanup Is Creating New Risks
Wet’suwet’en Fear Contaminated Soil Cleanup Is Creating New Risks Waste from diesel spills by Coastal GasLink and RCMP is being dumped in local landfill. Efforts to clean up diesel spills by the RCMP and Coastal GasLink in Wet’suwet’en territory risk spreading the contamination, the First Nation has warned. Mike Ridsdale, environmental assessment co-ordinator for the […]
Big Banks Win, You Lose (Volume 32,836)
Big Banks Win, You Lose (Volume 32,836) Part of the 2010 Dodd-Frank Act, the “Volcker Rule” was intended to prevent big banks from taking irresponsible risks. It’s named after a former Fed Chair, the late Paul Volcker, who used this concept to curb out-of-control inflation in the 1980s. But in spite of an already-uncertain economy, regulators […]
Fed Warns of High Downside Risks
Fed Warns of High Downside Risks In its semiannual monetary report to the Senate Finance Committee the Fed warns of six downside risks. The risks are not spread evenly. Low wage earners and small businesses are particularly vulnerable. Please consider the Fed’s Monetary Policy Report to the Senate Committee on Banking, Housing, and Urban Affairs and to […]
The Oil Crisis Puts The Entire U.S. Economy At Risk
The Oil Crisis Puts The Entire U.S. Economy At Risk Job losses, well shut-ins, and bankruptcies have replaced the praise surrounding the shale oil boom that greatly enhanced America’s energy independence and gave President Trump a reason to tout energy dominance. Now, the federal government is mulling over ways to help the industry curb its […]
Backwards into the Future
Backwards into the Future No, I’m still not over the fact that they all initially missed the virus when they should have seen it most of all. The reasons why must be evaluated in every single location, in governments, CDC equivalents and obviously the WHO. A main reason is that they were all focusing on […]
Banks Will Not Bail Out The Economy
Banks Will Not Bail Out The Economy These days, we hear a lot that banks were the problem in the 2008 crisis and now they are the part of the solution. Banking was not the main problem of the 2008 crisis, but one of the symptoms that indicated a more serious disease, the excess risk taken by […]
COVID 19 and Our Food Supply
COVID 19 and Our Food Supply Though food is still plentiful, with only temporary and localized shortages, the threat of the COVID 19 crisis to the food supply is considerable. There is no evidence thus far that the disease can be transmitted via food or packaging (though the virus apparently remains viable on plastic for […]
Margin Call: You Were Warned Of The Risk
Margin Call: You Were Warned Of The Risk I have been slammed with emails over the last couple of days asking the following questions: “What just happened to my bonds?” “What happened to my gold position, shouldn’t it be going up?” “Why are all my stocks being flushed at the same time?” As noted by Zerohedge: […]
Supply Chain Disruptions Impact on Global Growth
Supply Chain Disruptions Impact on Global Growth In a previous post, we mentioned that stagflation is a risk that central planners are ignoring. However, this risk is not just an isolated challenge focused on economies like Mexico, India or Argentina. Even in countries like Germany and Japan the trend of inflation, particularly in non-replicable goods, […]
‘Calm Before The Storm’ – How Will The Coronavirus Really Impact The Markets?
‘Calm Before The Storm’ – How Will The Coronavirus Really Impact The Markets? PeakProsperity’s Adam Taggart that, officials, the media, and globalist-driven organisations are downplaying Wuhan coronavirus risk, even as models suggest infections will soon soar. The sudden slowdown in new information coming out of China has Chris Martenson spooked. He walks us through the math here, […]
