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Tag Archives: united states
Hoot of the Day: No One Wants Green Energy if It’s Too Cheap
Hoot of the Day: No One Wants Green Energy if It’s Too Cheap Treasury Secretary Janet Yellen wants the EU to hike tariffs on China just as the US did. Curbs on Cheap Chinese Exports The Guardian reports Janet Yellen urges EU to join US in curbs on cheap Chinese exports Janet Yellen, the US treasury […]
David Stockman on Why Washington DC is the War Capital Of The World
David Stockman on Why Washington DC is the War Capital Of The World Ultimately, there is no mystery as to why the Forever Wars go on endlessly. Or why at a time when Uncle Sam is hemorrhaging red ink a large bipartisan majority saw fit to authorize $95 billion of foreign aid boondoggles that do […]
China Shock II Is Coming, the EU Will Be Hit Hard, Then the US
China Shock II Is Coming, the EU Will Be Hit Hard, Then the US Germany is feeling the pinch of China shock. But the US is on deck too. A global trade war looms. China Shock Eurointelligence discusses China shock in its article Technology Is Why We Are Losing. We are not sure that the effect […]
Truth or CONsequences?
Truth or CONsequences? When your government cons you daily with its statistical “facts,” it’s hard to keep your balance. Conned-sumers are feeling the cognitive disconnect from reality. For years, I’ve been saying it appears the BLS (Bureau of Lying Statistics) publishes fake labor statistics. The numbers always look like the seasonal adjustments are used by […]
Tornadoes strike across 7 states with more severe weather on the way
Tornadoes strike across 7 states with more severe weather on the way Severe weather is forecast for Thursday across the entire South. The threat for tornadoes continues Thursday following an outbreak of deadly storms throughout the Midwest and South over the past few days. As of Thursday afternoon, at least 17 tornadoes had been reported […]
Weekend reads: The American press gets its groove back
Weekend reads: The American press gets its groove back U.S. media is ‘dragging itself back from the brink.’ Will Canada follow? Bettmann/Getty Images A story broke last weekend that I’ve been waiting a long time to see. In an interview with Ben Smith at Semafor, Joe Kahn, the executive editor of The New York Times, effectively […]
The Biggest Risks of This Decade
The Biggest Risks of This Decade Since the 2020 pandemic, many things have changed, but nothing more than geopolitics. Wars and clashes that used to be largely national have given way to more regional conflicts that threaten to upend the current world order. The Ukraine War and Israel-Iran conflicts have the potential to lead to […]
Because We’re Still Not Sufficiently Indebted…
Because We’re Still Not Sufficiently Indebted… Now the government wants your home equity Zero Hedge just posted a long look at how the “buy now, pay later” (BNPL) industry now accounts for about $700 billion of largely unreported “phantom debt”. This, speculates ZH, is why the economy hasn’t fallen into recession. Now come the unintended consequences: […]
Is China Dumping US Treasuries and Buying Gold? Bloomberg Says Yes, Pettis Uncertain
Is China Dumping US Treasuries and Buying Gold? Bloomberg Says Yes, Pettis Uncertain Bloomberg reported that China is selling a record amount of US debt while buying gold. Previous reports of debt selling were false. Let’s check in with Michael Pettis at China Financial Markets for another opinion. China Sells Record Sum of US Debt […]
US Power Grid May Become Unreliable This Summer, Watchdog Warns
US Power Grid May Become Unreliable This Summer, Watchdog Warns A third of the country is facing an ‘elevated risk of blackouts’ soon, an industry expert said. Parts of America could face difficulties in meeting electricity demand during the summer season, with renewable energy sources like wind and solar power posing a potential risk to […]
Controversial FAA Bill Passes Senate, Promotes Digital IDs and Mobile Licenses, Facial Recognition Concerns Ignored
Controversial FAA Bill Passes Senate, Promotes Digital IDs and Mobile Licenses, Facial Recognition Concerns Ignored The US Senate has passed the Federal Aviation Administration (FAA) reauthorization act, which enjoyed bipartisan support, with an overwhelming majority (88-4). The legislation includes a push to introduce digital ID and digital or mobile driver’s licenses, and will be considered […]
Why the dollar will lose its status as the global reserve currency
Why the dollar will lose its status as the global reserve currency By the early 400s, the Roman Empire was coming apart at the seams and in desperate need of strong, competent leadership. In theory, Honorius should have been the right man for the job. Born into the royal household in Constantinople, Honorius had been […]
The Great Ukraine Robbery Is Not Over Yet. Ron Paul
The Great Ukraine Robbery Is Not Over Yet. Ron Paul The ink was barely dry on President Biden’s signature transferring another $61 billion to the black hole called Ukraine, when the mainstream media broke the news that this was not the parting shot in a failed US policy. The elites have no intention of shutting […]
This Is the Proverbial Ball You Should Be Keeping Your Eye On…
This Is the Proverbial Ball You Should Be Keeping Your Eye On… Gold, the Brief History of U.S. Debt, Not a Great Club, and the U.S.’ Debt-to-GDP Surpassing Venezuela’s “Blessed are the young, for they shall inherit the national debt.” ~ Herbert Hoover If you’re like me, you probably sometimes come across an important economic […]
