Author: Tom Luongo There’s a lot of news flying around about the changes happening in global currency trading. From “Gas for Rubles” to “What the Hell is Going on With the Yen?” there are a lot […]
May 4, 2022 by Michael You don’t raise interest rates when the economy is already falling into a recession. U.S. GDP contracted during the first quarter of 2022, and if it contracts again in the second quarter of 2022 […]
by Michael Whenever there is some sort of a major crisis, our politicians normally attempt to solve it by spending money. But in this case, that isn’t going to work. Our leaders can try to throw […]
Whenever the trucking market slows, truck drivers look for someone to blame. Normally, a slowdown is just a function of supply and demand. The market has too much dispatchable capacity compared to the total number […]
May 1, 2022 by Michael Even though there have been so many problems with the economy over the last 12 months, many Americans continued to believe that everything would eventually be okay because stock prices remained stubbornly […]
April 26, 2022 by Michael Is the party finally over on Wall Street? So far this month, the Dow is down more than 4 percent, the S&P 500 is down almost 8 percent, and the Nasdaq has […]
EU To Impose Full Embargo On Russian Oil Next Week, Will Send Price Above $185 According To JPMorgan BY TYLER DURDEN WEDNESDAY, APR 20, 2022 – 01:44 AM Update (13:15 ET): What was largely a […]
BY CHARLES HUGH SMITH We all sense the global order has cracked. The existing order is breaking down on multiple fronts. Those who have benefited from this arrangement are doing everything in their power to patch […]
The world’s new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural resources. And it will liberate the Global South from both western debt and […]
by Jorge Vilches for the Saker Blog The unstoppable momentum behind Russia´s new Bretton Woods III finances added to the lack of official gold data available worldwide last week prompted The Saker article “NATO´s internal gold war” to […]
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