ECONOMY
The Economic Destruction of Trump’s War Goes Far Beyond High Gas Prices
For the past six weeks, as this US-Israeli war with Iran has played out, the economic impact of the conflict has gotten a lot of attention. And rightfully so. As anyone who’s consumed any news about this war knows well by now, the Strait of Hormuz is a major energy […]
This Is Going To Be A Complete And Utter Disaster For The Global Economy
Iran is still holding traffic through the Strait of Hormuz hostage, and the entire world is going to suffer. Before the war, commercial traffic through the Strait of Hormuz flowed freely, and the global economy functioned normally. But even though there is a temporary ceasefire, Iran continues to maintain a […]
Inflation Was Already Rising Before the War – Now the Real Surge Begins
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, rose 0.4% in February alone and is now running at 2.8% annually, while core inflation, which strips out food and energy, is still sitting at 3.0%. That is not progress. That is stagnation well above the Fed’s 2% target, […]
The Theft of Your Good Deflation
Your dollar has lost 96-97 percent of its purchasing power since 1913. This is not bad luck or mysterious market forces. It is the result of deliberate policy choices that steadily, quietly drained your wealth—and convinced you it was being done for your benefit. The World That Was Stolen For […]
“A permanent hit to living standards” – Iran War agenda revealed.
Just six weeks in, we’ve already got “global Economic scars” that will “define a generation”. That was fast. The Iran War has been going on for less than six weeks, has thus far involved no infantry engagements of any kind on either side, and is currently in the middle of […]
Is the Dollar Collapsing? 8 Key Indicators You Can’t Ignore
There are eight key indicators to watch as the US government falls deeper into the self-perpetuating debt spiral. Indicator #1: Federal Budget Deficits The chart below shows the actual and projected federal budget deficits. It’s important to note that these projections rest on the ridiculous assumption that there will be no […]
“A Shortage Of Nearly Everything” Is Coming If The War Does Not End Soon – In South Korea, People Are Already Panic-Buying Trash Bags
Even the mainstream media is now openly admitting that shortages are coming. But right now I am seeing so much apathy about the war in the Middle East and the global supply chain disruptions that are happening right in front of our eyes. So many people seem to be convinced […]
“The Everything Meltdown”: Global Supply Chains Are Collapsing And Most People Cannot Even Imagine The Pain That Is Coming
When global supply chains collapse, the pain is not felt immediately. Tankers that left their destinations before the war with Iran began are still arriving at their destinations, products that were manufactured prior to the war still fill our shelves, and we are still eating food that was produced last […]
France Moves Its Gold Home as the Sovereign Debt Crisis Quietly Unfolds
The Bank of France has just completed a major restructuring of its gold reserves, selling 129 tonnes of gold previously stored at the Federal Reserve Bank of New York and replacing it with newly refined, internationally compliant bullion now held entirely within its vaults in Paris. This operation represented roughly 5% of […]
Widespread Rationing And Global Energy Shortages Are Baked In No Matter When The War Ends Now
It is difficult to believe the pace at which global events are now moving. Apocalyptic threats are being thrown around recklessly and severe damage is being done to the global economic system every single day. A lot of people still seem to think that economic conditions will snap back to […]
