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The Daily Doom: Economic News of the Great Collapse

SOME OF THE TOP STORIES IN TODAY’S ECONOMIC NEWS ON THE DAILY DOOM: You can read the above stories and a lot more that are all about today’s economic news in The Daily Doom either on the Substack site or by subscribing to receive each edition in your email. For The Daily Doom to continue, […]

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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.  […]

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MN Gordon: Have We Entered the New Dark Ages?

Everyone seems to be caught in the same dark delusion, as I will be describing and explaining in this weekend’s Patron Post. MN Gordon also sees the foolishness and describes it as “the new dark ages,” an age of unreason where people fail to see the obvious due to the oblivious who tell them the […]

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No Powell Pivot, So the Bear is Back!

Bear-market rallies are always built on delusions. A breath of hope returns to the dying bulls, and all the testosterone and adrenaline rushes to their veins. There is typically no rationality to it. It is pure sentiment, so the rallies are strong, unthinking, and vicious toward anyone who shorted the market, making shorting a dangerous […]

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THE INFLATION MONSTER: It’s Much Worse than we Thought … but Wait until this Little Monster Grows Up!

We could all be on the cusp of the most deadly inflation the world has ever experienced, due to a unique setup of global forces that have the power to accelerate that into happening in a surprisingly short amount of time. I’m going to tell you how that could happen more quickly than anyone appears […]

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The Retail Apocalypse was Bloodier than it Looked

Retail was a bloody mess! But revenue looked pretty good … considering! So, what was all the red about, and why all the screaming on the stock exchange? Some of the biggest retail stocks got butchered after reporting higher revenue. Hold it! That doesn’t make sense. Why were corporate owners running out of their stores […]

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The Fed is Still Spiking the Inflation Punch Bowl, but the Party is in Recess Anyway

Sizzling inflation is not going away as drunken market revelers are hoping. This party bore, in fact, will be long outstaying her welcome. While the Fed once said it wanted some hot inflation on the scene, she arrived a lot hotter and has stayed a lot longer than Father Fed expected — now kind of […]

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Protected: This Economy is Ugly in its Bones – Part 2

There is no excerpt because this is a protected post.

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Why the Fed will fail to fight inflation until the recession beats it down

You cannot grow a turnip in a pile of dollar bills unless you let them rot first. Depending on the road the Fed takes, that could become the dollar’s highest value and the best the Fed can do to reduce food shortages. Whether the dollar decays depends, in good part, on whether the Fed chooses […]

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Protected: This Economy is Ugly in its Bones – Part 1

There is no excerpt because this is a protected post.

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Inflation May Take the Food out of Your Mouth before it Goes Away

So much has happened with the rise of inflation and so much is continuing to crowd in behind the scenes on the production end that I believe we will see inflation burning hotter for longer in the months ahead. Those saying we are nearing peak inflation are as wrong as they were when they said […]

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