Read this if you don’t want your human rights ‘recalibrated.’ The pandemic is clearly in the rear-view mirror, no matter how badly the elites wish it wasn’t so. The window on the World Economic Forum’s self-proclaimed “opportunity” for transformative change is quickly closing. Yet, billions of plebes are still dragging their knuckles around, thinking for […]
Charles Hugh Smith: There’s no stopping a recessionary reckoning
If there was only one causal factor nudging the economy into recession, it might be a mild, brief recession. But with all five conditions in confluence, this recession will be unlike any other…. by Charles Hugh Smith on Of Two Minds: Recessions reliably arise from the confluence of these conditions. Note that any one condition […]
James Rickards: The real reason why gold has stumbled
The world has changed radically in recent years. We’ve had the worst pandemic since 1918, and the third worst in world history. We’ve had a global supply chain breakdown. Inflation is the worst since the early 1980s. Europe is experiencing its worst war since the end of World War II. So, why isn’t gold soaring? […]
Edward Curtin: Why is everything broken?
Sometime back, some of the writers of The Guardian formed their own publication, which they called Off-Guardian, to skirt the censorship they experienced — the kind of censorship that might shun adroit, artistic essays like the following, which jostles the mainstream mindset with concepts of another world than just the one that meets the eyes, whether […]
Lance Roberts: Investors are terrified, so why aren’t they selling?
Big investors are terrified. At least, that is what you would assume from recent mainstream media headlines and CNBC’s continuous run of “Markets In Turmoil.” There are also plenty of indicators suggesting that the Robinhood retail crowd of traders is terrified … by Lance Roberts on Real Investment Advice: For example, the net percentage of […]
A Very Ordinary Life: Thoughts on hyperinflation by people who lived through it
A Very Ordinary Life is the autobiographical account of an “ordinary” working-class woman born in 1901 in Berlin in the days when you went shopping for a head of cabbage with a wheelbarrow full of money. She and others describe how hyperinflation starts slow but continual and shoots out of control faster than you can […]
Jeffrey Snyder: Can’t blame Covid for this one
Oh what a difference a year makes. In March 2021, Germany planned to reopen after a Covid lockdown, but Covid had other ideas and inflicted another government-reported scourge, changing the chancellor’s plans and crashing the economy. Free now of Covid hits, the Germans have found new ways of destroying their economy. by Jeffrey Snyder on […]
Top Ten Videos – June 6 2022
Daniela Cambone & Brent Johnson: The dollar moving higher will force the great reset and prop up gold … Bob Moriarty: It’s going to be a brutal repeat of 1929 … Danielle DiMartino Booth: Fed policy is for a controlled demolition of asset prices in a 3-Way crash of stocks, housing & jobs just as […]
David Haggith: The real GDPig was a whole lot uglier than it looked!
That’s pretty ugly when you consider how ugly GDP looked at a growth rate (adjusted for inflation ) of -1.4%! Then that got kicked in the snout to -1.5%, but that’s not the half of how ugly it really was. What if it really was the first quarter of a covert recession? I am about […]
Jeffrey Tucker: Our rulers have lost their minds
Have a look at the shock on people’s faces as they leave the grocery stores these days, or the look as they stand filling up their tanks at the gas station. Their jaws drop and they wonder what is happening to the world. The answer is the policy disasters of the last two years…. by […]
My Experience of Communism in Russia: It was worse than you’ve probably heard.
The theory was great, but the famines, Comrade, were to die for! I keep hearing such nonsense as “The US is worse for those people at the bottom than communism was.” If you think that, you were never there! And I was there after the Communists had stopped throwing those who disagreed with them into […]
James Howard Kunstler: Swamp gas
Michael Sussmann, Esq., was released like an undersized crawdad back into the fetid waters of the DC swamp by a jury of his peers — meaning fellow DNC contributors — despite compelling evidence of his guilt. However, John Durham knows a lot more about all this Russiagate business, and that might include some things we […]
Doug Noland: Hurricane Peerless
The week looked sunny for the economy: Jobs were hot, barometric pressure in unemployment remained stable, but the weather around the horizon looks threatening at best, and there is a cold layer of atmosphere about to flow over the top of this heat bubble … by Doug Noland on Credit Bubble Bulletin: The week arguably offered some […]
David Haggith: The retail apocalypse was bloodier than it looked
Retail was a bloody mess! But revenue looked pretty good … considering! So, what was all the red ink dripping through earnings reports about, and why all the screaming on the stock exchange? What’s behind the mask? by David Haggith on The Great Recession Blog: Some of the biggest retail stocks got butchered after […]
History repeats but with different consequences
Let’s go back in time to the Roaring Twenties. The times appeared to be as wonderful as ever for just about everyone in America. The speculative mania of excess was in full swing. American extravagance was out there for the world to see … just like today … by T Storm on Green Paper Revolution: […]
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