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Tag Archives: united states
Yellen’s LaLa Land Prediction Of Full Employment
Yellen’s LaLa Land Prediction Of Full Employment Biden And Yellen Serve Destructive Recursion While the trend of automating jobs is moving along full speed U.S. Treasury Secretary, Janet Yellen recently said that the U.S. could achieve full employment recovery if President Joe Biden’s COVID-19 stimulus package is passed. “I would expect that if this package is passed, we […]
US Warship “Expelled” From South China Sea By PLA Forces
US Warship “Expelled” From South China Sea By PLA Forces The superpower clash between China and the U.S. continued on Friday as a U.S. Navy ship sailed near the Chinese-controlled Paracel Islands in the heavily disrupted South China Sea, only to get an stern rebuke (and what some would call, an appropriate response) from Beijing. […]
Agricultural Elephant in the Room
Agricultural Elephant in the Room Abandoned dairy barn, Willamette Valley, Oregon. Photo: Jeffrey St. Clair. I find it strange Americans and, especially, scientists and politicians talk to little, if at all, about agriculture. And yet agriculture gives us food and, surreptitiously, threatens the future. Vast number of Americans live in large cities like New York, […]
Update on Fed’s QE: The Crybabies on Wall Street, which Clamored for More, Are Disappointed
Update on Fed’s QE: The Crybabies on Wall Street, which Clamored for More, Are Disappointed And five SPVs expired, including the one that bought corporate bonds and bond ETFs. The Fed has now put on ice five of its SPVs (Special Purpose Vehicles) which had been designed back in March to bail out the bond […]
The Year of the Plague in Charts: Weirdest Economy Ever
The Year of the Plague in Charts: Weirdest Economy Ever GDP fell by 3.5% in the year 2020, the worst annual decline since 1946. Trade deficit in Q4 hit new all-time worst. The size of the US economy, as measured by GDP in “current dollars” (not adjusted for inflation), fell to $20.9 trillion in the […]
Conservatives Must Now Draw A Line In The Sand And Stop The “Great Reset”
Conservatives Must Now Draw A Line In The Sand And Stop The “Great Reset” There are many millions of Americans today in the post-election environment that feel uneasy about the fate of the country given the rise of a Biden presidency. And though I understand why this tension exists, I want to offer a possible […]
Donald Trump: The Sacrifice of the Sacred King
Donald Trump: The Sacrifice of the Sacred King “In antiquity this sylvan landscape was the scene of a strange and recurring tragedy. On the northern shore of the lake, right under the precipitous cliffs on which the modern village of Nemi is perched, stood the sacred grove and sanctuary of Diana Nemorensis, or Diana of […]
Weekly Commentary: Short-Term Unsustainable
Weekly Commentary: Short-Term Unsustainable Outstanding Treasury Securities began 2008 at $6.051 TN, or 41% of GDP. Treasuries ended 2019 at $19.019 TN, or 87% of GDP. And then, in only three quarters, Treasuries surged another $3.882 TN to $22.900 TN, or 108% of GDP. We must wait a few weeks for the Fed’s Q4 Z.1 […]
Conservatives Must Now Draw A Line In The Sand And Stop The “Great Reset”
Conservatives Must Now Draw A Line In The Sand And Stop The “Great Reset” There are many millions of Americans today in the post-election environment that feel uneasy about the fate of the country given the rise of a Biden presidency. And though I understand why this tension exists, I want to offer a possible […]
China To Hold Military Drills In Gulf Of Tonkin As Warning To Nearby US Carrier Group
China To Hold Military Drills In Gulf Of Tonkin As Warning To Nearby US Carrier Group China has announced plans to hold military exercises in the South China Sea this week, a mere days after the Pentagon confirmed a US aircraft carrier group led by the USS Theodore Roosevelt had entered the disputed waters in a “freedom of the […]
Ray Dalio: “We Are On The Brink Of A Terrible Civil War”
Ray Dalio: “We Are On The Brink Of A Terrible Civil War” It was over a decade ago that we first warned the Fed’s unconstrained monetary lunacy will eventually result in civil war, a prediction for which Time magazine, which back then was still somewhat relevant, mocked us. This is what Time’s Stephen Gendel said in […]
You Counter Trumpism By Ending The Conditions Which Created It, Not With Authoritarian Policies
You Counter Trumpism By Ending The Conditions Which Created It, Not With Authoritarian Policies The US political/media class have been pushing hard for more authoritarian policies to stave off the threat of “domestic terrorism” in the wake of the Capitol riot. President Biden, who was already working on rolling out new domestic terror policies well before January sixth, confirmed after […]
Biden’s Presidency Will Be A Catalyst For Secession – And Perhaps Civil War
Biden’s Presidency Will Be A Catalyst For Secession – And Perhaps Civil War Over the past few months I have written a handful of articles which discussed what would probably happen if Joe Biden actually entered the White House and launched his administration. My initial belief was that Trump would refuse to concede and that […]
Methane emissions from abandoned oil and gas wells underestimated
Methane emissions from abandoned oil and gas wells underestimated Bubbles of methane gas in water around an unplugged oil/gas well in Pennsylvania. Credit: Mary Kang A recent McGill study published in Environmental Science and Technology finds that annual methane emissions from abandoned oil and gas (AOG) wells in Canada and the US have been greatly underestimated—by […]
Interest Rate Tremors May Spell Disaster for the Dollar
Interest Rate Tremors May Spell Disaster for the Dollar Banksy As the U.S. plunges further into debt beyond a staggering $27 trillion, the dollar’s time is running out. But the problem is much deeper than that. With inflation on the rise, and long-term bond yields rising in concert with massive debt, some disturbing scenarios could develop that spell trouble for […]
