News

The Corporate-Government alliances now ruling three major global factions in the world continued to chalk up power Monday.   As we reported to our Peoplenomics.com subscribers, part of what’s going on is China has it out for Donald Trump.  The reason is simply that China had a plan to subsume America and Donald Trump stirred things up … Read More

It’s going to be quiet today – at least in theory – until we get to Wednesday morning which has the Consumer Price Index (BOHICA) due. Of course, expect much gnashing of teeth and political yammer-speak, but it’s of no consequence.  The Fed doesn’t meet till the second half of September and the geo-economic-political landscape … Read More

Extreme Summer, 2022 Edition is slowly moving towards conclusion.  Nowhere near fast enough for us, though. Our kitchen was attacked by ants this week.  Elaine came over to the office sputtering “Hoards of ants have invaded the kitchen!”  Sure enough, yes they had.  However, hardly the end of the world.  Essentially, they were along the … Read More

There is a chance now, that within a year, stock prices will have fallen to half of present levels – and maybe lower.  The pieces are just now sliding into place.  But, when you consider some of the data – and the flow of world events – it has become an undeniable possibility. This isn’t … Read More

Suppose we have to begin with the employment numbers just out. The official hypelines read like this: (Got your pom-poms and cheerleading clothes on?) “Total nonfarm payroll employment rose by 528,000 in July, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led … Read More

The visit of House Speaker Nancy Pelosi to Taiwan will go down in history, we’re thinking, along with other great historical gaffes.  Like Chamberlain on Appeasement of Hitler.  Sometimes bright people make very bad decisions. The underlying processes leading to conflict have not really changed since World War II.  In WW III, we will see more whiz-bang … Read More

“Oh my God- Another Book” begins the morning with the first chapters of yet-another book I’m thinking about writing.  Well, maybe more than thinking about. This one is all about the coming Digital Dark Age.   The one that follows deteriorating relations with China, Iran, Russia and whoever else holds a grudge.  As they all gang … Read More

Some genuine “old reporter” chill is in order, here.  So much hype and so little hard news, that I think slowing down for a bit of perspective may be useful.  If nothing else, this may your help your blood pressure, right? From the top, then: A few years back, I wrote a wonderfully useful book called … Read More

We begin this morning hoping that Joe Biden doesn’t deteriorate further.  As you’ve heard, he’s come down with a Covid relapse.  So, while he’s not exactly out, there’s definitely some “chill pill” going on: Biden tests positive for COVID again. Not only in G.A. Stewart’s work – over at The Age of Desolation website, but … Read More

With our book on do-it-yourself home power now up on Amazon, most of the week here was focused on the next book – The 100-Year Toaster.  Not surprisingly, no one has yet bought a single copy of Power in the Second Depression.  It’s free on the Peoplenomics.com website in the Reader Bookshelf section. The 100-Year Toaster … Read More

We are coming into a period when the term “high risk” could mean more than any other in our lifetimes.  We are literally living in a “powder keg” world which could “go Archduke Ferdinand” at any second. Plus with our ChartPack – and a market that has soared (as of mid-session Friday) more than nine … Read More

A couple of Economic news releases before we launch into refried lies. The first is the ECI – Employment Cost Index.  Which, over time, feeds into the underlying inflation problem: “Compensation costs for civilian workers increased 1.3 percent, seasonally adjusted, for the 3-month period ending in June 2022, the U.S. Bureau of Labor Statistics reported … Read More

Say, I don’t like to “cast asparagus” on the financial markets, but see if we’re following along right: The Fed raised rates by 3/4 of one percent Wednesday. The morning, the Nation officially entered recession by notching a second consecutive quarterly decline in GDP. Did I miss the distro package of economic crack?  Is there … Read More