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The Bulletin: December 19-25, 2024
The Bulletin: December 19-25, 2024 The Great Simplification in Action: Building Resilience Through Local Communities Antarctica’s tipping points threaten global climate stability Coal use to reach new peak – and remain at near-record levels for years | Energy industry | The Guardian Homesteading 101: Regenerative Farming and the American Farmer. A Predicament With An Outcome […]
How to Collapse: Hyperinflationary Depression
How to Collapse: Hyperinflationary Depression How crop failure leading to a 20% caloric deficit might cause a financial crisis. It’s Wednesday. You wake up, let the dog out for a piss, shower and drag yourself to work. Eight to ten hours of pointless grin-fucking pass by and you’re ready to collapse on your sofa with […]
BlackRock says we’re all doomed. It’s being optimistic
BlackRock says we’re all doomed. It’s being optimistic The world’s largest asset manager has forecast systemic economic chaos. The reality is even worse BlackRock predicts a lasting fall in living standards for the many, alongside huge profits for the few | Maureen McLean/Alamy Live News The working assumption, for governments and central banks across the […]
Desperate Money Printing Leads to Depression – Dr. Marc Faber
Desperate Money Printing Leads to Depression – Dr. Marc Faber Legendary investor, economist and market forecaster Dr. Marc Faber thinks central banks (CB) are not going to cut back the money printing. Just the opposite. He predicts CBs are going to print even more money at a faster pace to hold the failing economic system […]
Inflation watch: Beware the ides of March
Inflation watch: Beware the ides of March President Biden has now had his $1.9 trillion stimulus package passed into law, and it will not be the last in the current fiscal year. Covid is not over and is sure to resurge with new variants next winter.But even assuming that is not the case, we still […]
The First “Global Inflationary Depression” Is Very Possible
The First “Global Inflationary Depression” Is Very Possible It is possible that we might soon be witness to the first global inflationary depression. This is not a mix of words we normally see placed together. Several factors make this scenario possible. First, we seldom have depressions but instead, tend to roll through mild recessions, however, […]
Deflation: Friend or Foe?
DEFLATION: FRIEND OR FOE? Deflation is the most feared economic phenomenon of our time. The reason behind this a priori irrational fear (why should we be afraid of prices going down?) is the Great Depression. The most severe economic crisis of the 20th century was accompanied by a massive deflationary spiral that pushed prices down by 25% between 1929 […]
Lockdowns Make Time Stand Still
Lockdowns Make Time Stand Still Rembrandt van Rijn Student at a table by candlelight c.1642We would by now have expected the narrative surrounding COVID19 to be simpler to understand, but it’s not. We may understand much more about the disease and everything that has to do with it, but we’re finding there is so much that has […]
How to Tackle the Depression Head On
How to Tackle the Depression Head On “I want to see people get money.” – Donald J. Trump, U.S. President, September 17, 2020 “Now is not the time to worry about shrinking the deficit or shrinking the Fed balance sheet.” – Steven Mnuchin, U.S. Secretary of the Treasury, September 14, 2020 Money for the People The real […]
Harvest at Chez Cog
HARVEST AT CHEZ COG It became obvious to Mrs. Cog and I by early February of this year (2020) that the next phase of socioeconomic crumble/chaos was being implemented both here in the USA as well as throughout the world. The rabbit hole just got deeper. Or more accurately, the deeper rabbit hole was just […]
The Numbers Tell Us That The ‘Economic Recovery’ Is Dead And Businesses Are Failing At A Staggering Pace
The Numbers Tell Us That The ‘Economic Recovery’ Is Dead And Businesses Are Failing At A Staggering Pace Even though economic conditions were absolutely awful, during the month of June the mainstream media kept insisting that the U.S. economy was “recovering” and the stock market kept surging on every hint of good news. But now […]
The new deal is a bad old deal
The new deal is a bad old deal So far, the current economic situation, together with the response by major governments, compares with the run-in to the depression of the 1930s. Yet to come in the repetitious credit cycle is the collapse in financial asset values and a banking crisis. When the scale of the […]
