2023: Echoes of 1973
By Charles Hugh Smith So what’s changed? Everything, but mostly beneath the surface churn of circus and theater. 2023 is echoing 1973 in potentially consequential…
By Charles Hugh Smith So what’s changed? Everything, but mostly beneath the surface churn of circus and theater. 2023 is echoing 1973 in potentially consequential…
By Tyler Durden A large swath of American consumers are facing financial hardship as they grapple with elevated living costs, record-high credit card use, and…
By Michael Snyder This new economic downturn is starting to bite, and we are starting to see signs of severe pain all over the nation. …
By Jocelyn Solis-Moreira More people are having trouble getting food on the table, according to a recent study. While food insecurity is a growing concern…
By Tyler Durden In March, UK inflation continued to hover in the double-digit range as households grappled with the persistently high cost of living. Among…
By Tyler Durden Today in “why, again, do we need inflation?” news, a brand new study by SmartAsset reveals that in several U.S. cities, earning as…
By Ryan McMaken The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data last week, and according to the report, price inflation during the…
By Tyler Durden Germany continues to be rocked by disruptive strikes against its entire transportation networks, as workers demand large pay hikes to help offset…
By Tyler Durden The mushroom cloud of central bank monetary destruction keeps growing, and is increasingly fueling discontent among workers whose standards of living are…
By Tyler Durden US food-processing plants are under severe pressure as soaring inflation has crimped consumer demand for meat while the cost of doing business…
By Tyler Durden The world is facing what appears to be a sugar shortage. A lack of deliverable sugar ahead of Friday’s expiry has sent…
By Tyler Durden The good old English breakfast, while contrary to popular opinion outside of the country not eaten every day, is a pleasure that…
By Michael Boldin The founders and old revolutionaries used the word “depreciation” to describe what we call “inflation” today. Their way is much better –…
By Tyler Durden The transportation network of Europe’s largest economy has ground to a halt as German unions begin a 24-hour “mega strike.” Workers flooded…