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Tag Archives: the daily doom
Dollar Doom Is a Slow Burn!
Dollar Doom Is a Slow Burn! It will be a LONG time coming. Photo by Jp Valery on Unsplash One article highlighted below brings out a point that I made two years ago when everyone in the alternative press was writing (as many still are) about how the BRICS nations were determined to replace the US dollar as […]
Chaos is Spreading Everywhere!
Chaos is Spreading Everywhere! Intensifying foreign wars, raging internal political wars, inflation all over again, and disastrous immigration are turning the world into a madding crowd. Photo by Callum Skelton on Unsplash Sure, the S&P 500 just broke 5,500 for its first time ever (and then failed miserably), but everything else this past week is proving out all […]
Economic Collapse is Stalking us Like Death
Economic Collapse is Stalking us Like Death The exceptional degree to which the Fed has trapped itself (and all of us) in an economic death spiral is becoming evident everywhere now. Photo by Rob Martin on Unsplash My longtime prediction that the Fed will not be able to kill inflation without destroying the economy is showing itself true […]
The Deeper Dive: Record-Shattering Stealth Recession Approaching
The Deeper Dive: Record-Shattering Stealth Recession Approaching Why we won’t see the next recession coming and why it may not be reported as a recession even if it is the worst recession since the Great Depression. (But YOU’LL certainly feel it in your bones!) The next recession has all the ingredients to become the worst […]
Titillating Tidbits
Titillating Tidbits Photo by Alice Donovan Rouse on Unsplash It’s a slow-news day today in terms of any one big story, so I don’t have much to comment on, other than a few news tidbits of interest: Fed Governor Waller adds to the weight of statements by other Fedheads who have spoken since the FOMC meeting, saying he will need […]
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 […]
Yoyo Fed and Yoyo Markets
Yoyo Fed and Yoyo Markets Once again, we have a report saying consumer sentiment is collapsing just as economists were projecting it would be continuing to float along, and once again we have a report of rising inflation, just as the Fed decided to reduce its fight against inflation by slowing down QT to save the […]
Inflation is Transitory Again
Inflation is Transitory Again Because it has to be in order to fund Bidenomics. As Powell clasps his hands in desperate hope without any evidence to back his hope, the US Treasurer today, like the Treasurer in yesteryear, is giving a solid thumbs-up to his plan, which is already accomplishing everything the Treasury desperately needed. […]
More Evidence Screams “The Books Are Cooked!”
More Evidence Screams “The Books Are Cooked!” You just can’t make stuff like this up … except the government does … over and over! Photo by Ahmed Zayan on Unsplash On April 20th, I wrote about how CNBC had reported that something looked rather rigged about the government’s new jobless-claims data in this election year: What a Wonderful […]
The Federal Reserve Is About to Go Full Banana Republic
The Federal Reserve Is About to Go Full Banana Republic Peeling back the truth, one banana at a time. According to an article on Yahoo! today, the top banana in finance, J. Powell, has already decided to go full bananatard. It is the financial hallmark of banana republics to print money in order to finance […]
Markets Are Biting Their Lips over Global Chaos
Markets Are Biting Their Lips over Global Chaos And Fed Chair Powell is joining them because suddenly nothing is going right for his soft-landing plans! Rising Middle-East tensions are driving up the price of crude oil and driving down the price of stocks and value of bonds. Analysts are saying oil could go to $100/bbl […]
