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July 8, 2024 Readings
July 8, 2024 Readings Flooding Across the Midwest May Have Wiped Out Up to 1 Million Acres of Crops, New Estimates Now Show | AgWeb Let’s Stop Arguing About An Imaginary Energy Transition | Art Berman The Normalization of Madness – by Geoffrey Deihl “Overlapping Emergencies” Pushes Countries To Bolster Food Supply Stocks | ZeroHedge […]
The Music Just Stopped: Japan Banking Giant Norinchukin To Liquidate $63 Billion In Treasuries & European Bonds To Plug Massive Unrealized Losses
The Music Just Stopped: Japan Banking Giant Norinchukin To Liquidate $63 Billion In Treasuries & European Bonds To Plug Massive Unrealized Losses Last October, when the wounds from the March 2023 bank failures – which surpassed the global financial crisis in total assets and which sparked the latest Fed intervention, setting the market’s nadir over the past 16 […]
Bird Flu Triggers Supply Chain Snarls In Dairy Industry As “Farmers Increasingly Culled Cows”
Bird Flu Triggers Supply Chain Snarls In Dairy Industry As “Farmers Increasingly Culled Cows” The latest US Department of Agriculture data shows bird flu has infected at least 80 dairy herds across ten states. There are growing concerns about rising cow mortalities from the virus and the risk of farmers culling cows to stop the spread. This could […]
Putin Calls ‘Bulls**t’ On ‘Plans’ To Attack NATO, Says He’s Not Brandishing Nuclear Arms
Putin Calls ‘Bulls**t’ On ‘Plans’ To Attack NATO, Says He’s Not Brandishing Nuclear Arms President Vladimir Putin has continued to address some trends out of the West related to Ukraine… and specifically the way European and US leaders have reacted to the recent escalation in Kharkiv oblast and in the east. Officials in the UK, Germany, […]
Russian Warships Steam For Caribbean As Ukraine Tensions Go Global
Russian Warships Steam For Caribbean As Ukraine Tensions Go Global In a show of force perhaps prompted by President Biden’s authorization of Ukrainian strikes inside Russia using US weapons, a group of Russian warships is en route to the Caribbean, a senior US official has told McClatchy and the Miami Herald. White House officials alerted members of […]
Trust The “Science”…That Just Retracted 11,000 “Peer Reviewed” Papers
Trust The “Science”…That Just Retracted 11,000 “Peer Reviewed” Papers It’s yet another reminder of why blindly ‘trusting the science’ may not always be the best go-to move in the future. 217 year old Wiley science publisher has reportedly “peer reviewed” more than 11,000 papers that were determined to be fake without ever noticing. The papers […]
“Global Trade War Looms, But It’s Not Just Trade War To Fear”
“Global Trade War Looms, But It’s Not Just Trade War To Fear” History, Humility, and Wishful Thinking The UK election and the “I will protect you, but forgot my umbrella” Tory campaign have both been shaken up by its pledge to bring back conscription for 18-year-olds. This is seen as a desperate gamble and sad […]
How Much Of India’s Wastewater Is Left Untreated?
How Much Of India’s Wastewater Is Left Untreated? As is the case with rapid population growth and urbanization in many so-called developing nations, waste management becomes a problem not only in rural areas but also in densely populated cities. As Statista’s Florian Zandt details below, a textbook example of this growth outpacing infrastructural capacities is the situation in […]
NATO Country Says Goal Should Be Breakup Of The Russian Federation
NATO Country Says Goal Should Be Breakup Of The Russian Federation Last week, Russian media took note of the latest provocative statements by Estonia’s Prime Minister Kaja Kallas. She has led Russia’s tiny Baltic neighbor into a firm hawkish anti-Moscow position. The country was part of the wave of eastern European nations to join NATO […]
CEO Of Russia’s Second-Largest Bank Warns: “US Is Inevitably Headed For A Serious Economic Crisis”
CEO Of Russia’s Second-Largest Bank Warns: “US Is Inevitably Headed For A Serious Economic Crisis” Last September, we told readers that the US national debt was skyrocketing at a staggering $1 trillion every three months—roughly every 100 days. Since then, the debt spending has gotten worse. Out-of-control spending has delayed the US economy’s day of reckoning in […]
Exposing The CIA’s Secret Effort To Seize Control Of Social Media
Exposing The CIA’s Secret Effort To Seize Control Of Social Media While the CIA is strictly prohibited from spying on or running clandestine operations against American citizens on US soil, a bombshell new “Twitter Files” report reveals that a member of the Board of Trustees of InQtel – the CIA’s mission-driving venture capital firm, along with “former” intelligence […]
JPM Predicts Global AI Data Centers Will Consume 681 Olympic-Sized Pools Of Fresh Water Daily
JPM Predicts Global AI Data Centers Will Consume 681 Olympic-Sized Pools Of Fresh Water Daily Wall Street banks are in a frenzy over “The Next AI Trade,” piling into the ‘Powering up America’ investment themes, whether that’s power grid companies, commodities, such as copper, gold, silver, and uranium, and artificial intelligence chipmakers, to accommodate the explosion of generative artificial intelligence […]
I’ve Got A Bad Feeling About This
I’ve Got A Bad Feeling About This Ideally, I would have written this on May 4th not 14th, but I am going to talk Star Wars. I was a fan in 1977, kept the flame alive when only battered VHS cassettes of the original trilogy existed, and was delighted to get prequels. Until the opening […]
Record Household Debt, Jump In Delinquencies Signal “Worsening Financial Distress”, Fed Warns
Record Household Debt, Jump In Delinquencies Signal “Worsening Financial Distress”, Fed Warns While the market remains focused on tomorrow’s CPI print, and to a lesser extent the April retail sales reports, which will both be released at 8:30am on May 15. we should flag another important report that doesn’t typically get a lot of attention: […]
Does Inflation Lead To Civilizational Collapse? A Look At Rome
Does Inflation Lead To Civilizational Collapse? A Look At Rome With the US national debt at $34 trillion and climbing, USD reserve status under pressure, inflation destroying standards of living, and the Biden administration stoking costly war on several fronts, perhaps it’s time for more thoughts on the Roman empire. In a Tuesday thread posted to […]
