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Dengue fever is surging in Latin America

Dengue fever is surging in Latin America The number of people who succumb to the disease has been rising for two decades photograph: getty images For the second time in five years, Brazil’s army is building field hospitals in the capital, Brasília. The tents are accommodating a surge of patients from swamped emergency departments, as millions […]

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Can’t live with them, can’t live without them: The age of fossil-fuel abundance is dead

Can’t live with them, can’t live without them: The age of fossil-fuel abundance is dead Dwindling investment in oil, gas and coal mean high prices are here to stay For much of the past half-decade, the operative word in the energy sector was “abundance”. An industry that had long sought to ration the production of fossil […]

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The age of fossil fuel abundance is dead

The age of fossil fuel abundance is dead JOE GIDDENS/AP Workers at Buncefield oil depot, known as the Hertfordshire Oil Storage Terminal. British military personnel have begun delivering fuel to gas stations after a shortage of truck drivers disrupted supplies for more than a week, leading to long lines at the pumps as anxious drivers […]

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The Curious Case of The Economist: How It Manipulates Its Readers with Slanted Comment on Russia

The Curious Case of The Economist: How It Manipulates Its Readers with Slanted Comment on Russia The Economist magazine is an admirable publication to which I have subscribed for over fifty years, with gaps now and then. While serving in Vietnam in 1970 its weekly arrival was a major event, as we were bereft of sensible reportage about […]

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On borrowed time: America’s companies have binged on debt; a reckoning looms

On borrowed time: America’s companies have binged on debt; a reckoning looms The total debt of American non-financial corporations as a percentage of GDP has reached a record high of 73.3% AMERICA’s companies have been powering ahead for years. Amid growing profits, the recession that began in 2007 seems an increasingly distant memory. Yet the situation […]

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Stock Market Drop Is Greatest Threat To Global Stability, According To The Economist

Stock Market Drop Is Greatest Threat To Global Stability, According To The Economist Forget war with Russia, China, or nuclear threats from North Korea; ignore Middle East chaos; and don’t worry about global cyber-attacks on critical infrastructure. The Economist Intelligence Unit ‘scores’ the greatest global risk right now is a “prolonged fall in major stock […]

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The Economist: World Currency By Jan. 9, 2018 Get Ready For A World Currency Get Ready for the Phoenix January 9, 1988, Vol. 306, pp 9-10 THIRTY years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same […]

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Krugman Goes To Japan, Scolds Abe For Worrying About Quadrillion Yen Debt Pile, Leaves

Krugman Goes To Japan, Scolds Abe For Worrying About Quadrillion Yen Debt Pile, Leaves  Much like BoJ governor Haruhiko Kuroda, Paul Krugman thinks that the key for Japan when it comes to overcoming decades of deflation is a positive outlook. “Japan needs to reach a point where everyone believes that it has pulled out of […]

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Cashless Society War Intensifies During Global Epocalypse

Cashless Society War Intensifies During Global Epocalypse  In the fall of 2015, the world descended into an economic apocalypse that will transform the globe into a single cashless society. This bold prediction is based on trends in nations all over the earth as shown in the article below. As we enter 2016, we are only beginning to see this Epocalypse […]

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It Begins: Desperate Finland Set To Unleash Helicopter Money Drop To All Citizens

It Begins: Desperate Finland Set To Unleash Helicopter Money Drop To All Citizens With Citi’s chief economist proclaiming “only helicopter money can save the world now,”and the Bank of England pre-empting paradropping money concerns, it appears that Australia’s largest investment bank’s forecast that money-drops were 12-18 months away was too conservative. Over the last few months, in a prime […]

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“There Are No More Dollars In The Central Bank”: Argentina’s New President Confronts Liquidity Crisis

“There Are No More Dollars In The Central Bank”: Argentina’s New President Confronts Liquidity Crisis On Monday, Mauricio Macri, the son of Italian-born construction tycoon Francesco Macri, beat out Cristina Kirchner’s handpicked successor Daniel Scioli for Argentina’s presidency in what amounted to a referendum on 12 years of Peronist rule. A legacy of defaults combined with exceptionally […]

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The Economist Rings Out Cognitive Dollar Dissonance

The Economist Rings Out Cognitive Dollar Dissonance Two years ago, prior to travelling to Sydney to present at the Annual Precious Metals Symposium, I prepared an article for the Gold Standard Institute Journal titled Cognitive Dollar Dissonance: Why a Global De-Leveraging Requires the De-Rating of the Dollar and the Remonetisation of Gold (see here). This article highlighted the growing […]

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Trans-Pacific Partnership Deal Struck As “Corporate Secrecy” Wins Again

Trans-Pacific Partnership Deal Struck As “Corporate Secrecy” Wins Again Once again the corporatocracy wins as the so-called “Trojan horse” Trans-Pacific Partnership (TPP) trade agreement has been finalized. As WSJ reports, the U.S., Japan and 10 countries around the Pacific reached a historic accord Monday to lower trade barriers to goods and services and set commercial rules of the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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