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Image | More Hints of Economic Decline; June 1 Default Deadline Approaches
More Hints of Economic Decline; June 1 Default Deadline Approaches
 PREVIEW
by davefairtex

Two economic reports, and a Balance Sheet: Producer Price Index (PPIACO): +0.08% m/m, -3.08% y/y.  Deflationary. Consumer Price Index (CPIAUCSL): +0.37% m/m, +4.72% y/y.  Inflationary. Fed Balance Sheet (WALCL): -0.01% w/w, -5.16% y/y.  Neutral. I believe that the drop in PPI y/y is explained by oil’s $45 plunge over the past 12 months.  Check out…
More Hints of Economic Decline; June 1 Default Deadline Approaches
 PREVIEW by davefairtex

Two economic reports, and a Balance Sheet: Producer Price Index (PPIACO): +0.08% m/m, -3.08% y/y.  Deflationary. Consumer Price Index (CPIAUCSL): +0.37% m/m, +4.72% y/y.  Inflationary. Fed Balance Sheet (WALCL): -0.01% w/w, -5.16% y/y.  Neutral. I believe that the drop in PPI y/y is explained by oil’s $45 plunge over the past 12 months.  Check out…
Image | The Vital Connection Between Oil and The Economy Revealed in Two Simple Charts
The Vital Connection Between Oil and The Economy Revealed in Two Simple Charts
by Chris Martenson

There’s a huge, glaring defect at the core of our financial and economic system, and it’s sitting in plain sight. Surprisingly, few people are aware of it, and I can reveal it in just two simple charts. One of the growth in debt, the other in the relationship between economic growth and oil consumption. It’s…
The Vital Connection Between Oil and The Economy Revealed in Two Simple Charts
 by Chris Martenson

There’s a huge, glaring defect at the core of our financial and economic system, and it’s sitting in plain sight. Surprisingly, few people are aware of it, and I can reveal it in just two simple charts. One of the growth in debt, the other in the relationship between economic growth and oil consumption. It’s…
Image | Oil Makes a 12-Month Low; Guidance from Col. Hackworth
Oil Makes a 12-Month Low; Guidance from Col. Hackworth
 PREVIEW
by davefairtex

There were a pair of economic reports this week: The Producer Price Index by Commodity (PPIACO): -0.72% month over month (m/m), +9.07% year over year (y/y). Producer price inflation is falling – it is less than half of what it was at the peak (23%) in October, 2021. Durable Goods: Orders +1.06% m/m, New Orders:…
Oil Makes a 12-Month Low; Guidance from Col. Hackworth
 PREVIEW by davefairtex

There were a pair of economic reports this week: The Producer Price Index by Commodity (PPIACO): -0.72% month over month (m/m), +9.07% year over year (y/y). Producer price inflation is falling – it is less than half of what it was at the peak (23%) in October, 2021. Durable Goods: Orders +1.06% m/m, New Orders:…
Image | Why The Windfall Oil Tax Will Backfire
Why The Windfall Oil Tax Will Backfire
by Chris Martenson

Those greedy oil companies! Time to tax them good and hard! The only problem with this view is it is so short-sighted and unsophisticated it will actually produce the exact opposite of what it (supposedly) intends. So, get ready for a future of lower oil supplies and higher prices along with related economic harms that…
Why The Windfall Oil Tax Will Backfire
 by Chris Martenson

Those greedy oil companies! Time to tax them good and hard! The only problem with this view is it is so short-sighted and unsophisticated it will actually produce the exact opposite of what it (supposedly) intends. So, get ready for a future of lower oil supplies and higher prices along with related economic harms that…
Image | Here’s What’s Going To Change After The Midterms
Here’s What’s Going To Change After The Midterms
 PREVIEW
by Chris Martenson

Three significant lies are part of the huge amount of political and financial capital that has been expended in an attempt to sway the U.S. midterm elections to the incumbents. When those efforts end (or more rightly fail), lots of things will probably change very quickly. Oil has been overtly and covertly manipulated lower in…
Here’s What’s Going To Change After The Midterms
 PREVIEW by Chris Martenson

Three significant lies are part of the huge amount of political and financial capital that has been expended in an attempt to sway the U.S. midterm elections to the incumbents. When those efforts end (or more rightly fail), lots of things will probably change very quickly. Oil has been overtly and covertly manipulated lower in…
Image | (Complexity – Energy) x (Arrogance + Ignorance) = A Great Disaster
(Complexity – Energy) x (Arrogance + Ignorance) = A Great Disaster
by Chris Martenson

This is a critical episode that explores a concept that can change how you see the whole world.  It did for me when I first learned it, and now I am passing that on. Today we explore what complex systems are and how they have features that we simply have to appreciate and respect. However,…
(Complexity – Energy) x (Arrogance + Ignorance) = A Great Disaster
 by Chris Martenson

This is a critical episode that explores a concept that can change how you see the whole world.  It did for me when I first learned it, and now I am passing that on. Today we explore what complex systems are and how they have features that we simply have to appreciate and respect. However,…
Image | Surprisingly Strong Payrolls; The Kids Are Not OK
Surprisingly Strong Payrolls; The Kids Are Not OK
 PREVIEW
by davefairtex

Payrolls looked “surprisingly strong” on Friday, with the headline number at +263,000, with +250,000 expected. That wasn’t a big difference, but markets sold off hard immediately following this release – except for oil and gasoline, which had great days, apparently unaffected by payrolls one way or the other. Wolf Richter, who is usually on top…
Surprisingly Strong Payrolls; The Kids Are Not OK
 PREVIEW by davefairtex

Payrolls looked “surprisingly strong” on Friday, with the headline number at +263,000, with +250,000 expected. That wasn’t a big difference, but markets sold off hard immediately following this release – except for oil and gasoline, which had great days, apparently unaffected by payrolls one way or the other. Wolf Richter, who is usually on top…
Image | An Act of War
An Act of War
by Chris Martenson

The bombing of the Nord Stream gas pipelines in the Baltic Sea was an act of war. The evidence very strongly points to the U.S. as being either behind it or standing aside as it was carried out by some other NATO member or related contractor. In other news, the Biden Administration and OPEC are…
An Act of War
 by Chris Martenson

The bombing of the Nord Stream gas pipelines in the Baltic Sea was an act of war. The evidence very strongly points to the U.S. as being either behind it or standing aside as it was carried out by some other NATO member or related contractor. In other news, the Biden Administration and OPEC are…
Image | Copper, oil and markets spin out of control, and more
Copper, oil and markets spin out of control, and more
 PREVIEW
by Ivor

Commodities like copper and crude are on a huge slide. When “Dr. Copper” slides, he’s telling us bad things are coming for the economy. And then, there is Nordstream 1 & 2, more money for Ukraine and a silly vax-for-fast-food breakfast exchange with the former mayor of New York City. Chris explains.
Copper, oil and markets spin out of control, and more
 PREVIEW by Ivor

Commodities like copper and crude are on a huge slide. When “Dr. Copper” slides, he’s telling us bad things are coming for the economy. And then, there is Nordstream 1 & 2, more money for Ukraine and a silly vax-for-fast-food breakfast exchange with the former mayor of New York City. Chris explains.
Image | A.I. is Going to Kill Us
A.I. is Going to Kill Us
by Chris Martenson

Elon Musk and virtually every science fiction writer in history claim that A.I. (artificial intelligence) will destroy the human race in the future. And they are probably right. But, forget Skynet and the Terminator. There is a different A.I. and it’s already doing its best to kill us off now. It’s Arrogance and Ignorance, and…
A.I. is Going to Kill Us
 by Chris Martenson

Elon Musk and virtually every science fiction writer in history claim that A.I. (artificial intelligence) will destroy the human race in the future. And they are probably right. But, forget Skynet and the Terminator. There is a different A.I. and it’s already doing its best to kill us off now. It’s Arrogance and Ignorance, and…
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I’ve been doing a lot of thinking about the needs and sustainability of our family. We have six young children, our oldest just turned 12 and our youngest just turned 3 months old. I love the considerations that the article had above and thought I would add a few things that I have considered for our situation. My...
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