According to the new inflation numbers out this week, the inflation rate was “unchanged” in the latest reporting period. (Month on month.) Not according to our grocery bills – and I expect yours, either. In fact, inflation mainly moderated at the gas pumps. Which, in turn was only because of some short-term relief from taxes … Read More
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
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
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
Other than pondering UFOs and our ongoing search for “the Key” to Reality, not much else really matters in this life. Unless you’re talking about making some serious money. That never goes out of style, for long. As long-time readers appreciate, we have long postulated that a massive market decline in the pending economic collapse … Read More
I told you so! Here’s what we posted Monday: We already know this all ends badly. The reason is simple: The Wave 1 down whacked BTC from the $61,411 range (November around when stocks peaked, too) down to around $35,070 January 22. thousand. Rounding-off (because of insufficient coffee to deal with decimals) call it a … Read More
[Reader Survey Questions (toss answers up as comments(: We may cancel our MailChimp service that sends out notices when new updates are posted. Anyone going to miss it? I miss $300/year… What is the ideal length/depth for our reports? Eyeing that 1,000 word area as an “overhead limit” with longer works only going on Peoplenomics. How … Read More
Before the 1929 Comparison Chart, realize Bitcoin is collapsing. A canary in the financial coal mine has just keeled over. Just over $24,200 $23,846 as I write this, we regrettably are on track to another basic economic prediction coming true. With condolences to our readers who “took the plunge” into Bitcoin – who we fear … Read More
Play before Work, I always say. (But never actually do.) Where is the Welder Review??? There’s a “dog ate my welder” story in here… Today was scheduled to be a review of that Chineseum knock-off of the Smith Little Torch. That one retails on the Zon for (take a look). While the Chineseum was under $25-bucks – … Read More
Early futures were still pointing up when I first checked on them about 3:30 AM. Apparently, our “pre-holiday” blow-off is continuing. Although the mania formerly known as crypto mania is missing the boat. BTC was under $29,000 last time I checked. Here’s the latest from the Economics Desk of Rip N. Reed: GDP Important to … Read More
Yes. Global Systemic Collapse is coming into view. We’ve all sort-of known that the world has been living on borrowed time. But, like that Library book you kept forgetting to return, we have skipped the actual doing something about it. “Such a small daily fine, after all.” So, we have cheated, cajoled, polarized, and differentiated to the … Read More
Might as well get the morning’s big econ story out of the way first: Retail sales for March have just been released: “Advance estimates of U.S. retail and food services sales for March 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $665.7 billion, an increase of 0.5 … Read More
Nice and businesslike this morning: Starting with the odds-on World War III this weekend. War Risk Reduced? That might be a possibility if the happy-talk on point is right. But, as you will read, we don’t think the “reportage” on this has been particularly objective. So, let’s roll with some of the good coverage and then … Read More