Archive for July, 2022

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Economic Predictions for H2 2022, Part 1: This is not Your Father’s Inflation

Posted July 31, 2022 By David Haggith
Katelynn & Jordan Hewlett, AP, CC BY-SA 4.0 , via Wikimedia Commons

The following is the first part of a broad overview of the major trends I believe are going to be the dominant stories for the rest of the year with my own projections for where these stories are going. This first part covers what I believe is going to happen (in broad terms) my prediction […]

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Jonathan Turley: Democrats Introduce Sweeping Changes for the Supreme Court

Posted July 31, 2022 By David Haggith

Democratic members have continued their unrelenting attacks on the Supreme Court and its conservative majority. This week, Senate and House members have introduced a bill to impose term limits, regularized confirmation schedules, and other changes. Their introduction leaves no question that this is just the latest effort to change the balance of the Court in […]

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A Storm of Indicators Show the US Consumer Is Tapped Out

Posted July 31, 2022 By David Haggith

Zero Hedge lays out the widespread dishonesty (or lame stupidity) in mainstream financial media when glibly reporting things like sales increases as if they are actually positive during times when inflation is the sole reason for the rise in sales (because sales are measured in dollars and prices are soaring). While I’ll note that ZH […]

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MN Gordon: Paying the Price for Krugman’s Terrible Mistake

Posted July 30, 2022 By David Haggith

Clear economic thinking and lucid communication via the written word tumbled out of fashion nearly 100 years ago.  The fall from grace was triggered by the 1936 publication of John Maynard Keynes’ The General Theory of Employment, Interest and Money. Not only is the book rigorously indecipherable.  It also has the ill-effect of making those who […]

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Jim Quinn: It’s Not Safe or Effective

Posted July 30, 2022 By David Haggith
Torturer drilling on teeth in Marathon Man

Dr. Grauci has just declared that, if we had the Covid pandemic to do all over again, he would be FAR more severe in cutting off your basic rights: “FAUCI: Restrictions Would Be ‘Much, Much More Stringent’ If We Could Do Again…” As if that isn’t disturbing enough, DR. Birx said this week that she […]

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Carla Peeters: No Farmers, No Food, No Life

Posted July 30, 2022 By David Haggith

Guest feature by Carla Peeters on The Brownstone Institute: The world is now facing a man-made food catastrophe. It is reaching crisis levels.  Current policies in many parts of the world place a priority on climate change for realizing a green new deal. Meanwhile, such policies will contribute to children dying from severe malnutrition due […]

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REAL GDP SAYS: “Get Real! Trust not the Fed, economists or the president. The REAL economy is collapsing all around you!”

Posted July 28, 2022 By David Haggith
By Lucian.amarii (Jup) [CC BY-SA 3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons

As reported in my new Daily Doom news section, which I try to update twice daily, real GDP fell even further for a second quarter in a row. While we all know what that means, you can count on the Federal Reserve, the federal government and even economists regularly quoted in the mainstream financial media […]

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Everything Is Changing Quickly Now and So Am I

Posted July 25, 2022 By David Haggith

As my expression of appreciation to my patrons, I try to give you the most critical economic insights ahead of everyone else. For example, back in February of 2021 I started laying out my argument for Patrons as to why and how inflation was going to become a serious conflagration that would rise to such heat […]

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Jeff Childers: Corporate Media Broke the Embargo on Vaccine Injuries Last Week

Posted July 25, 2022 By David Haggith

Guest post by Jeff Childers on Coffee and Covid: In his show Thursday night, Tucker [Carlson] started by riffing on Biden’s oil cancer and his convenient covid diagnosis, and then used all that to segue into a monologue questioning the jabs: Is it possible that the vaccine actually can hurt you, especially if you keep […]

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An Apocalypse Upon Us: How much more can we take?

Posted July 23, 2022 By David Haggith
Daily economic news to keep you "mad as hell"

Trade wars, crashing stocks, bond blowouts, global recessions, rapidly plunging corporate earnings, the start of firings, a global energy crisis, collapsing cryptos, sliding housing markets, Covid, monkeypox, worldwide quarantines, government-mandated job terminations over forced experimental vaccines, soaring inflation, worldwide shortages, multinational involvement in a hot European-Russian war, sanctions, record heat waves, widespread, droughts, brownouts, blackouts, […]

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Economists and Financial Analysts are Not the Brightest Fish in the Sewer System

Posted July 16, 2022 By David Haggith
Celebrate because the Epocalypse is here!

The ability of humans to believe whatever lie they want to believe never comes in lower than I expect, but it sometimes manages to come in even higher. Nowhere has that been more transparently true than in economics where everyday I read people in the financial media who must surely have IQs somewhere above a […]

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Independence for America and none for Ukraine? (Part Two) Who’s the Nazi Now?

Posted July 12, 2022 By David Haggith

Putin just demonstrated his war in Ukraine has nothing to do with defensive concerns that NATO will attack Russia, upon which he has staked most of his case for his war in Ukraine, though his stated justifications have changed over time along with his goals. His statement this week reveals his war has far more […]

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