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CONTAGION: Terrorist Fed Wipes out Banks as Cryptocollapse Flushes through the System
It’s contagion all over the place already. So many are asking if the wipeout of two banks, including the nation’s 16th-largest, is a sign of contagion that the worries have caused US Treasurer Janet Yellen to assure the nation again and again that the banks are more solid than ever and that the Treasury …
Panic in the STREET: One Bank Crashes, A Bigger One RUNS for its life then crashes, and Suddenly it’s Panic on Wall Street!
Just when you have figured out what you’re going to write about at the start of day, along comes major morning news that sweeps your plans away. Today, the news changed more quickly than I could write the introduction to this article. I had to rewrite it and the headline several times after I published the article!
It’s Worse Than it Looks: Beneath the Surface the Bottom is Falling Out, and People are Jumping out of Windows
Surveying just the news that started this year in The Daily Doom, things look bad for the US economy. Worse still, if you dig beneath the few rosy headlines that did greet the year in lighter tones, the bottom falls out quickly, as it does when stepping out of a high-rise window.
2022: The Year that Imploded … Bigly
This was the year where it seemed everything imploded. For the economy, it started with two quarters of receding GDP that everyone refused to call a recession. Whether you stand with the crowd on that or not, it was certainly not a good change and was certainly a collapse of the economy toward a smaller […]
Protected: 2022: The Year that Imploded … Bigly
There is no excerpt because this is a protected post.
The Bear is Uncaged … Again
It’s important to say when you were wrong, especially if you are prone to point out when you were right. Otherwise, you are just boasting in vain conceit. If you point it out both ways, you are just being factual.
The Money of the Apocalypse is Rising in US Banks from the Ashes of the Cryptocrisis THIS WEEK!
For years, I’ve written about the creeping approach of central bank digital currencies (CBDCs) as a replacement for coin and paper money that will give government much deeper control over you. Now the time has arrived … IN THE US. Yesterday, The Federal Reserve Bank of New York published the following notice:
MN Gordon: Death to Zombies
On Thursday, the Bureau of Labor Statistics reported that consumer prices, as measured by the consumer price index (CPI), inflated at an annual rate of 7.7 percent in October. Investors went bananas on this apparent pullback in the headline CPI…
William Engdahl: The Global Planned Financial Tsunami Has Just Begun
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 […]
Protected: Economic Predictions for H2 2022, Part 3: Battle of the New Currency Competitors
There is no excerpt because this is a protected post.
MN Gordon: What Happens When Work Doesn’t Pay
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
An Apocalypse Upon Us: How much more can we take?
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, […]