Tag Archive


authoritarianism bank bailouts bank failures Bank of America Ben Bernanke bonds capitalism cashless society China coronacrisis Covid 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

Powell Feinted Full Dovetard, and Stocks Still Plummeted. Why?

I’m going to write today’s article with all the vicissitudes I experienced as I read Powell’s statements about the Fed’s predicted moves and watched the market’s responses as they played out. My first thought, as I read the headline about Powell stating outright that the time was coming when the Fed would have to slow […]

TOP

Protected: Something Wicked is STILL Prowling Nearby

There is no excerpt because this is a protected post.

TOP

Where did something wicked go?

Last Sunday, I wrote about the big swings in the stock market that had just happened as follows: I’m anticipating this coming week will be horrendous. That kind of extreme bouncing is nothing but the rapids right before the lip of the waterfall.… I think that is what this is — extreme chop like the […]

TOP

Something Wicked This Way Comes!

From the intro to my last Patron Post: Thursday morning CPI, again, proved what has become my standing narrative for two years — that hot inflation would force the Fed to tighten faster and [thus] would kill the economy, the bond market and stocks — when all of the following headlines hit on a single morning (as […]

TOP

Bottleneck Animal or ???

In this week’s podcast, Tom Pochari asked me what I believe is the ultimate destiny of humans and human civilization on this sometimes seemingly Godforsaken earth … so I told him: Bottleneck Animal (Top of left column at time of posting, October 12, 2022.)

TOP

Down, Down, Down in a Burning Ring of Fire

The Dow plunged 686 points midday on Thursday and closed down 458, wiping out a large relief rally from the day before, and it went down for the key reason I laid out for understanding why the Fed will over-tighten and drive the economy into an extremely deep recession. A batch of economic data that […]

TOP

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.

TOP

Economic Predictions for H2 2022, Part 5: The Everything Bubble Bursts into Pieces

To many economists, saying we are going into an economic crash would be a prediction because over eighty percent of economists do not believe we are even in a recession right now, much less a total economic collapse. To me, on the other hand, saying we’re entering an economic collapse is not a prediction at […]

TOP

Welcome to the World of Bankster Magic Where We Shall Have “Weather Followed by More of the Same Unless it Changes.”

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 […]

TOP

Economic Predictions for H2 2022, Part 2: The Great Currency War for Global Dominance

This article is part of series of economic predictions I am making about the remainder of the year. My patrons got the first part of the series. I’m going to make every other part available to all readers as I lay out the trends I see happening in the economic news that I read daily, […]

TOP

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

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 […]

TOP