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Bootleg Fire In Oregon Uncontrollably Doubles In Size Amid Megadrought
Bootleg Fire In Oregon Uncontrollably Doubles In Size Amid Megadrought Large swaths of the Western half of the US experienced triple-digit temperatures this past weekend, with intense heat expected to continue through mid-week. As the West baked, a huge wildfire doubled in size in southern Oregon, continuing to threaten major transmission lines that feed power […]
Grocery Stores Are Masking Price Hikes Via “Shrinkflation”
Grocery Stores Are Masking Price Hikes Via “Shrinkflation” The continued decline in Treasury yields has prompted many short-sighted arm-chair analysts to declare that the Fed was right about inflationary pressures being “transitory”. Of course, as Treasury Secretary Janet Yellen herself admitted, a little inflation is necessary for the economy to function long term – because without “controlled […]
Wells Unexpectedly Shuts All Existing Personal Lines Of Credit, Hinting US Economy On The Edge
Wells Unexpectedly Shuts All Existing Personal Lines Of Credit, Hinting US Economy On The Edge Wells Fargo just announced that it’s shutting down all of its existing personal lines of credit – a popular product offered by the retail-focused Wall Street giant – a move that will likely infuriate legions of customers. The revolving credit […]
Russia Says US Engineered June’s Black Sea Provocation, “We’ll Sink” Any Threat Next Time
Russia Says US Engineered June’s Black Sea Provocation, “We’ll Sink” Any Threat Next Time In the days after the June 23 incident between the UK Royal Navy’s HMS Defender and a Russian patrol vessel and military aircraft near Crimea which resulted in warning shots fired from the Russian side, Putin asserted that a US reconnaissance plane had […]
While Fed Is in Denial, Hawkish Bank of Russia Sees Inflation as “Not Transitory,” Warns of Possible Shock-and-Awe Rate Hike
While Fed Is in Denial, Hawkish Bank of Russia Sees Inflation as “Not Transitory,” Warns of Possible Shock-and-Awe Rate Hike US Inflation is almost as hot as in Russia, but the Fed is still blowing it off. Consumer price inflation in Russia is red-hot, having jumped 6.0% in May compared to a year ago, 2 […]
Why Isn’t the US Preparing for EMP War Like the Rest of the World?
Why Isn’t the US Preparing for EMP War Like the Rest of the World? You’re likely already familiar with the 2009 EMP Commission Report. It was this report that raised the issue of EMP-preparedness for the American public. It’s notorious stating that just one year after an EMP attack, 90% of the American population would be dead, […]
Police To Target Americans For Their Ideological Beliefs And Behaviors
Police To Target Americans For Their Ideological Beliefs And Behaviors Much has been written about President Joe Biden’s new Domestic Terror law, but nothing I have seen until now shows just how horrifying it is. To say that the White House uses the Department of Homeland Security (DHS) like political puppets to push their own agenda […]
Biden’s Crime Against the Economy
Biden’s Crime Against the Economy I try to keep politics out of my economic analyses, and my approach is non-partisan. But sometimes I can’t avoid it because political policies can have significant economic impacts. Today is one of those times. One of Joe Biden’s first acts as President was to kill construction of the Keystone […]
Transitory Inflation Takes Hold of the Economy – How Long Will It Last?
Transitory Inflation Takes Hold of the Economy – How Long Will It Last? Cherry blossoms symbolize the fleeting nature of all things. Photo by Haoshuang Lou Just a couple of weeks ago, Bloomberg reported that Federal Reserve Chairman Jerome Powell sold investors on the idea that rising inflation wasn’t going to last. Officially, as of May 2021, inflation had risen […]
‘Rules-Based International Order’ Means Washington-Based International Order
‘Rules-Based International Order’ Means Washington-Based International Order Listen to a reading of this article: The US government has shut down multiple news media websites based in the Middle East, including Iran’s state-owned Press TV, and al-Masirah TV which is owned by the Houthi group Ansarullah in Yemen. The Department of Justice said on Tuesday it had seized 36 Iranian-linked […]
“Unprecedented Event” – Pacific Northwest Set To Shatter Heat Records This Weekend
“Unprecedented Event” – Pacific Northwest Set To Shatter Heat Records This Weekend A “historic” heat wave is set to transform the U.S. Pacific Northwest into a furnace this weekend. It has the potential to shatter long-standing temperature records, according to Reuters. “This will be setting the stage for the beginning of a potential historic heat wave […]
The Real Russian Threat
The Real Russian Threat I’ve written for years about different nations’ persistent efforts to dethrone the U.S. dollar as the leading global reserve currency and the main medium of exchange. At the same time, I’ve said that such processes don’t happen overnight; instead, they happen slowly and incrementally over decades. The dollar displaced sterling as […]
How to Buffer the Fallout from America’s Third World Death Spiral
How to Buffer the Fallout from America’s Third World Death Spiral “What the hell?!” – President Joe Biden, June 16, 2021 Out of Control American workers are trying to make their way in an economy that’s rigged against them. We made this claim many years ago. Today, for fun and for free, we revisit this assertion…starting with the […]
