The Daily Doom: Economic News of the Great Collapse

Posted August 15, 2022 By David Haggith

Top stories in today’s economic news: UK Economy Shrinks in 2nd Quarter, Sharpening Recession Fear … Compass Prepares for 25% Downturn in Housing Market, Plans Serious Cost Cutting … “Worst I’ve Ever Seen”: Cotton Prices Soar After Historic USDA Cut in Production Estimates Due to Megadrought … Tensions grow over shrinking Colorado River …

Be the first to comment
Perfect storm for 2019 recession

At the start of the year he said we were entering the “strongest economy” he had ever seen. Then he said he saw storm clouds. Then he said his storm-cloud forecast might have been underestimating the calamity coming upon us because we were likely facing an economic “hurricane.” Now we’re back to “storm clouds” and […]

Be the first to comment

Almost every member of Congress, Democrat or Republican, pays homage to the Big Green Lie. So do all the past and remaining Conservative candidates vying to be prime minister of the UK and every candidate currently vying for the leadership of the Conservative Party of Canada. So does virtually all of the mainstream press.…

Be the first to comment
Mers coronavirus. National Institute of Allergy and Infectious Diseases (NIAID), National Institutes of Health (NIH) / Public domain

Satan is the father of lies and we have become Satanic, being and doing evil, most especially to ourselves. The boldness of Dr. Fauci’s lying is really something to behold. The vaccinated are by far those still getting sick and increasingly disabled from the disease and even more from the vaxxes themselves…. by James Howard […]

Be the first to comment
Central banks are cause of inverted yield curve recessions

Since the creation of the US Federal Reserve over a century ago, every major financial market collapse has been deliberately triggered for political motives by the central bank. The situation is no different today, as clearly the US Fed is acting with its interest rate weapon to crash what is the greatest speculative financial bubble […]

Be the first to comment

The impacts of climate change are being felt each passing year. They are manifested in extreme weather events, including heat waves and droughts; more, larger and hotter forest fires; sudden deluges that swell rivers and break dikes, causing widespread damage to farms, towns, roads & bridges. The need to do something about climate change, which […]

Be the first to comment

Humanity is falling into chaos. We can no longer even talk to each other — not just because the US is divided and angry to the point of talking about civil war but because words and concepts clearly understood by all people for millennia have in mere years been stripped of their meanings.

Be the first to comment

The cloak makes the dagger so much more dangerous. For investors who don’t want to believe in a recession, the cloak causes them to stroll through markets with less wariness than they should have. They are glib while about to be gutted. For the Fed and feds, the cloak assures they are blind to the […]

Be the first to comment

There is no excerpt because this is a protected post.

MN Gordon: What Happens When Work Doesn’t Pay

Posted August 7, 2022 By Guest Contributor
Economic recovery doesn't come in the form of trickle-down handouts from the rich.

Now there comes a timeIn every man’s life,Where decisions have to be madeWhether to toil, to labor,Or just plain pissYour days away, away, away!  – Caught in a Jar, Dropkick Murphys

Be the first to comment
The Trumponomics Train may not be too smart. By a_marga from madrid, Spain (Be stupid) [CC BY-SA 2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

by Mark Oshinskie on Brownstone Institute: 1965-71, CBS aired a sitcom entitled Green Acres. The show’s protagonist, Oliver Wendell Douglas, was an NYC lawyer who bought a farm and, several years ahead of the zeitgeist, went back to the land. In Hooterville, his adopted domicile, Oliver wears a three-piece suit while he rides his tractor and is […]

Be the first to comment
2017 Economic Forecast is looking like the mother of all storms

by Dr. Mark Sircus: The headlines read: “Climate scientist says total climate breakdown is now inevitable: It is already a different world out there, soon it will be unrecognizable to every one of us.” You know that was designed to scare the daylights out of you. Unfortunately, it’s true, but not how the author meant it. […]

Be the first to comment

The first Speedmaster model with a two-tone design, this 1983 model combined a steel case with a golden dial, silvered chronograph subdials, and a bracelet made from steel and 14K gold. watches replica https://www.replicawatches.to It is unknown exactly how many of this reference that Omega fake produced, but very few are known to still exist.