Tag Archive
authoritarianism bank bailouts bank failures Bank of America Ben Bernanke bonds capitalism cashless society China coronacrisis cryptocurrency deficit spending Donald Trump economic bubble economic collapse economic crisis economic denial economic news articles economic predictions economic recovery epocalypse euro crisis European Union great depression Greek crisis Hillary Clinton housing bubble housing market collapse hyperinflation immigrant labor inflation Iran nuclear crisis national debt oil prices quantitative easing quantitative tightening Reaganomics recession recession v depression Russia stock market sustainable economics The Federal Reserve the Great Recession unemployment
The Epocalypse Interview with Tom Bodrovics
Here is my recent interview with Tom Bodrovics of Palisades Gold Radio. I think it gives the broadest and easiest-to-understand overview of how the Federal Reserve has delivered us into a catastrophic situation for which the Fed truly has no answers that will do anything, except make everything worse: (In summary: The coronacrisis brought massive […]
It’s Full Market Meltdown Mania and the Fire Truck Is on Fire
The stock market is smart in a dumb way, but it is currently unbelievably dumb in the way that it is smart. To understand that, you have to realize that today’s stock market is not a place for investing in businesses. It used to be that, but the players have all turned it into a […]
Epocalypse Revisted: The Entire Global Economy is Breaking Up on the Rocks
The sails are torn and fluttering fiercely like flags in a windstorm. The ship has stopped slicing through the waves, and its timbers are shuddering on the rocks. You can hear the stony teeth chewing into her planks, but the captain and crew are passing around sherry glasses and raising a toast to the fine […]
The Train Wreck is Already Happening
Today the market paid back some of its delusional holdings. It has a lot more left to pay back. You see, the market believed the Fed all of last year when the Fed said inflation was transitory. Or, at least, market leaders sold the Fed’s narrative, accelerating us into a heck of wreck.
Everyone Sings the “Strong Labor Market” Tune in Unison as the Band Plays on, and They’re All DEAD Wrong!
Everyone in financial media is singing in unison, and the song they are all singing is a recessional for the recession — a hymn or musical piece sung while making an exit. It’s an attempt to make the recession recede from view, to talk it out of existence, to convince everyone that what is, is […]
Jeffrey Tucker: A World on Fire
Every day, news reporters, traders, and workers of all sorts the world over wake to do their work as they always have. Part of that requires that everyone pretend that life is normal, fixable, and more or less stable. All of this is temporary. It will come and go and really not be that bad. […]
Protected: Economic Predictions for H2 2022, Conclusion: A Bifurcated World of Woes Awaits
There is no excerpt because this is a protected post.
Tim Morgan: Money and the End of Abundance
While I think the author of the following article places too much emphasis on oil, coal and gas shortages and costs as the primary cause of our economic decline, energy of all kinds (including hydro, nuclear, etc.) clearly plays a major role, so I think the article presents realistic concerns about the impact declining availability […]
Economic Predictions for H2 2022, Part 4: Zombies in Bondage and Their Broken Banksters
It all goes down in the same heap of rubble — zombie corporations and the junk bonds that are their sole life support and, piled on top, some of the banksters that funded them. Like a zombie apocalypse, it spreads around the world, taking out the weakest first but then the stronger players as the […]
Unemployment is the Cloak under which this Dagger of a Recession Hides
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 […]
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, […]
S&P Confirms Inflation Killed the Stock Market and Has ALREADY Sent us into Recession
With the S&P diving deeper into bear territory today, it solidly confirmed its status as a bear. While it entered the bear’s woods on Monday by closing at 21.8% down, it shoved its nose deeper into the dirt today like a rooting bear will do to affirm its new identity. The short-lived bull market that […]