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News & Articles By News Editors
09/21/2022
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By News Editors
Americans are increasingly turning to credit card debt and short-term loans as the cost of living becomes extremely painful
The “American Dream” is not as affordable as it once was. In fact, tens of millions of Americans are having a really difficult time even affording the basics these days. As you will see below, an increasing number of people are turning to credit cards and high interest short-term loans just to pay for essentials […]
09/20/2022
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By News Editors
Why are Walmart and other major US retailers canceling BILLIONS of dollars in orders as summer comes to an end?
Do they know something that they aren’t telling us? As you will see below, Walmart, Target and other major U.S. retailers are literally canceling billions of dollars in orders ahead of the coming holiday season. I have never heard of such a thing happening before, and under normal conditions it wouldn’t make any sense at […]
09/14/2022
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By News Editors
Price controls have failed for 4,000 years – and humans still haven’t learned
In 1892 the French archaeologist Henri Pognon made a historic discovery a few dozen miles northeast of Baghdad: a massive tell that held the ruins of the ancient city-state Eshnunna. (Article by Jon Miltimore republished from Fee.org) Though it was not excavated until decades later by another archaeological team led by Dutch Egyptologist Henri Frankfort, the tell […]
09/14/2022
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By News Editors
Inflation rises after Joe Biden signs ‘inflation reduction act’ and prepares White House celebration
The White House is planning a celebration of President Joe Biden’s “Inflation Reduction Act” on Tuesday, even as consumer prices rose again in August, according to the latest numbers from the federal government. (Article by Charlie Spiering republished from Breitbart.com) The Bureau of Labor Statistics’ Consumer Price Index released Tuesday morning shows that inflation in August rose […]
09/11/2022
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By News Editors
Surprise: Stocks tumble after Gazprom “completely halts” Nord Stream indefinitely due to “unexpected” leak
After a 3-day halt, Russian energy giant Gazprom was expected to resume critical supplies of nat gas to Europe via Nord Stream 1 tomorrow, but it appears that Putin who is enjoying the game of cat and mouse a little too much, had other plans and as a result, Russian gas flows toward Europe won’t be coming […]
09/09/2022
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By News Editors
Why some cities may no longer be viable
Any city whose lifeblood ultimately depends on hyper-globalization and hyper-financialization will no longer be viable. (Article by Charles Hugh Smith republished from CharlesHughSmith.Blogspot.com) The human migration from the countryside to cities has been an enduring feature of civilization. Cities concentrate wealth, productivity and power, and so they’re magnets to talent and capital, offering newcomers the greatest opportunities. Cities are efficient, packing population, […]
09/09/2022
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By News Editors
It’s a fact that needs repeating: The Federal Reserve is a suicide bomber
For many years now I have been examining the policies and behaviors of the Federal Reserve because they are in fact the most powerful institution in the US, with far more influence over the fate of America than any single president or branch of government. They have the power to end the economic life of […]
09/06/2022
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By News Editors
What would you do if you had to go through the economic horrors of 2008 again? (Spoiler alert: The next economic crisis has already begun)
If you knew for certain that we were about to plunge into another massive economic downturn like we experienced during the “Great Recession”, how would you respond? The events of the second half of 2008 took almost everyone by surprise, and the vast majority of the population was completely unprepared for what happened next. Millions […]
08/25/2022
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By News Editors
Yes, America is tearing itself apart: The masses do not want to understand economics and they will pay dearly for that ignorance in the coming days
Americans that have only known the post WWII prosperity are ill equipped and educated to deal with depression level living. Easy credit and instant gratification have created a nation of whining, self absorbed, entitlement minded people with no moral or mental toughness. (Article by Henry D. republished from TheLostSense.Blogspot.com) I believe we are headed for […]
08/16/2022
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By News Editors
America’s recession will be long and severe; Those who say it’ll be short and shallow are ‘delusional’: Roubini
Economist Nouriel Roubini has warned that there are currently only two paths for America’s economy—either uncontrolled inflation or a long and harsh recession—with his base case being a long and painful economic downturn rather than a short and shallow contraction. (Article by Tom Ozimek republished from TheEpochTimes.com) Roubini, who got the nickname “Dr. Doom” after predicting the market crash in […]
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