Delhi, Ontario, Canada. Thanks for stopping by!
So, we rise from the rubble...
Friday, May 6, 2022
Jim Kunstler, "Nausea Rules"
"Nausea Rules"
by Jim Kunstler
"The way financial markets puked this week, they must have started reading the news. Let’s face it, the headlines are a little short of reassuring. The $6.49 price on a gallon of diesel is enough alone to tell you that the nation can’t do business the way it’s set up to do, and there isn’t a new model for running things ready to launch - not even Klaus Schwab’s utopia of robots and eunuchs.
What’s out there, rather, is a model of breakdown and collapse which the Woked-up, globalist neo-Jacobins are doing everything possible to hasten. US-inspired sanctions on Russia have quickly blown-up in America’s face. How’s that ban on Russian oil working? Do you understand that US shale oil - the bulk of our production - is exceptionally light in composition, meaning it contains not much of the heavier distillates like diesel and aviation fuel? ‘Tis so, alas. Truckers just won’t truck at $6.49-a-gallon, and before long they’ll be out of business altogether, especially the independents who have whopping mortgages on their rigs that won’t be paid. The equation is tearfully simple: no trucks = no US economy.
Europe, the old original homeland of Western Civ, isn’t just losing face, it’s blowing its head clean off going along with “Joe Biden’s” economic war. Are Germany, France, and the rest of that bunch really so dead-set on jamming Ukraine into NATO that they’re willing to go full medieval for it? By which I mean sitting in the cold and dark with empty plates. That’s a hard way to go just to prove somebody else’s point.
The war in Ukraine itself was apparently losing its sex appeal for the click-hungry news media. No matter which way The New York Times and friends tried to spin it, they failed to grok both Russia’s determination to neutralize Ukraine and its ability to get the job done, even if it takes a longer-than-expected grind to finish. That’s how important it was to Russia that Ukraine not become a forward missile base and bio-weapons lab for its adversaries. When that operation concludes, the West will be left economically crippled and humiliated - which are conditions that historically portend regime change. Will America cough up “Joe Biden” like a hairball to get those trucks running again? Might the Dems themselves resort to releasing the kraken known as Hunter’s laptop just to send the old grifter packing?
In the meantime, the leaked Roe v Wade cancellation ruling shoved the Ukraine fiasco offstage so as to provoke more useful histrionics for the dreaded midterm elections upcoming. The poorly-understood truth is that said ruling will only send the abortion question back to the individual states. But let’s get real: places like New York, Massachusetts, Maryland, and California are not going to enact any new anti-abortion laws, and that’s where most of the people having hebephrenic breakdowns over the issue live. Which is to say there’s little danger that the shrieking denizens of these Blue states will lack abortions. So, how much has the party only been pretending that Roe v Wade is its primal touchstone?
The strange parallel question has been raised: might laizzez-fair abortion be a cover for the evident new problem that Covid-19 vaccines have made a shocking number of birthing people incapable of reproducing? There’s a buzz about it, anyway. It’s a fact that Pfizer excluded pregnant and breastfeeding women from all phases of its mRNA trials. Among the various harms now ascribed to the mRNA shots are infertility, miscarriage, and newborn abnormalities. But, of course, that sort of rumor - in this case coming from cases among vaccinated military personnel and not so easily hushed up - is just what the many lurking censors want to slap down in any forum where ideas could be exchanged. It’s misinformation!
And so, the derangement volume knob over Twitter changing ownership stays up at eleven. Imagine what will happen if the supposedly 70-odd percent of Americans who got vaxxed learn in a re-liberated Twitter Zone that the Covid-19 vaccines are not “safe and effective.” According to Zero Hedge, twenty-six globalist NGOs with ties to George Soros signed a letter saying, “Elon Musk’s takeover of Twitter will further toxify our information ecosystem and be a direct threat to public safety, especially among those already most vulnerable and marginalized.”
They are, as usual, projecting - since what is a greater threat to public safety than inducing tens of millions of frightened citizens to accept multiple shots of a poorly-tested pharmaceutical cocktail that can kill you six ways to Sunday? The folks in-charge (and others who would like to be the boss-of-you) don’t want you to know any of this. The pharma companies, the doctors, the hospital administrators, and the politicians must be frantic with terror of being found out.
Altogether, the scene looks like a multi-dimensional nightmare. Broken economy… sinking Western Civ… police state tyranny… vaccine death and injury… starvation…. So, there it is. Oh, look, those markets… they’re puking again!"
"Nationwide Baby Formula Shortage Hits "Shocking" Levels, Sparking Panic Among Parents"
"Nationwide Baby Formula Shortage Hits "Shocking" Levels,
Sparking Panic Among Parents"
by Jack Phillips
"A nationwide shortage in baby formula is worsening, according to a new analysis, as parents have expressed alarm over the worrying trend. At retail locations across the United States, about 40 percent of the top-selling infant formula products were not in stock for the week ending April 24, said Datasembly. The company said that it tracked baby formula stock at more than 11,000 stores nationwide. “This is a shocking number that you don’t see for other categories,” Ben Reich, CEO of Datasembly, told CBS News. “We’ve been tracking it over time and it’s going up dramatically. We see this category is being affected by economic conditions more dramatically than others,” Reich added.
Previously, drugstore chains like Walgreens and CVS have announced they would limit how many baby formula products each shopper can purchase at a given time. In a statement, Reich cited inflation, product recalls, and supply chain shortages as why there is “an unprecedented amount of volatility for baby formula.” And he believes that the shortages will continue in the near future. “We expect to continue to see the baby formula category being dramatically affected by these conditions,” Reich said. “Baby formula stock, which has been one of the more affected categories so far in 2022, and one that will continue to demonstrate higher than average out-of-stock levels.”
Meanwhile, some parents have expressed alarm on social media about the apparent lack of infant formula on shelves. “If the [mainstream media] can talk about the toilet paper shortage ever [sic] hour, they should be talking about the baby formula shortage at least,” Danielle Miller, a mother, wrote on Twitter last week. “We ended [up] finding the Amazon brand online but not everyone is so lucky to be able to feed that. Please share. This is every store!”
“The baby formula shortage is unreal!” GET THESE BABIES SOME FOOD!” another mother wrote on Twitter along with a photo of empty shelves, adding that “it’s a crisis all over.”
Another parent, Irene Anhoeck of San Francisco, told local media that “we’ve noticed it being difficult to find maybe a couple months ago - two, three months ago - and then just recently we can’t find it.” She added, “We’ve tried all the local Targets. We checked Costco, Costco online, Walgreens, Long’s. Can’t find it anywhere.”
In February, a major baby formula producer, Abbott Nutrition, recalled numerous lots of its products following reports of bacterial illnesses in infants. Last week, the U.S. Food and Drug Administration issued a notice to consumers telling them not to consume any products manufactured at Abbott’s facility in Sturgis, Michigan, over concerns of contamination."
“FED Must Save The Market Today; Retail Is Crashing; Market Bloodbath; Housing Wealth Destruction”
Jeremiah Babe, 5/6/22”
“FED Must Save The Market Today; Retail Is Crashing;
Market Bloodbath; Housing Wealth Destruction”
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Related:
"The Stock Market Is Crashing! Is This 1,000 Point Wipeout Just The Beginning Of A Historic Financial Nightmare?"
"The Stock Market Is Crashing! Is This 1,000 Point
Wipeout Just The Beginning Of A Historic Financial Nightmare?"
by Michael Snyder
"Is this “the Big One”? On Wednesday, I warned that the Federal Reserve had made a “colossal mistake” when it increased its benchmark interest rate by 50 basis points, and it looks like investors on Wall Street fully agree. We just witnessed one of the largest single day stock market crashes in history, and of course this comes at a time when stock prices had already fallen quite dramatically. Even before the carnage on Thursday, stocks were off to their worst start to a year in decades. So will things settle down soon, or is this the beginning of a truly historic stock market collapse?
Millions of Americans better hope that it is the former, because trillions upon trillions of dollars in paper wealth is on the line. I have always warned my readers that you only make money in the stock market if you get out in time. It doesn’t matter if you were holding certain stocks when they soared to all-time record highs. What is going to determine if you make a profit or not is when you choose to sell. And markets tend to go down a whole lot faster than they go up.
On Thursday, the Dow was down more than 1,000 points, the S&P 500 plunged more than 3.5 percent, and the Nasdaq got absolutely crushed…"The Dow Jones Industrial Average lost 1,063 points, or 3.12%, to close at 32,997.97. The tech-heavy Nasdaq Composite fell 4.99% to finish at 12,317.69, its lowest closing level since November 2020. Both of those losses were the worst single-day drops since 2020. The S&P 500 fell 3.56% to 4,146.87, marking its second worst day of the year."
The reason why the Nasdaq plummeted so dramatically was because tech stocks were in “free fall mode” once again…"Large tech stocks were under pressure, with Facebook-parent Meta Platforms and Amazon falling 6.8% and 7.6%, respectively. Microsoft dropped 4.4%. Salesforce tumbled 7.1%. Apple sank 5.6%."
If you think that those numbers are bad, just look at what happened to Etsy and eBay…"Etsy and eBay dropped 16.8% and 11.7%, respectively, after issuing weaker-than-expected revenue guidance. Shopify fell nearly 15% after missing estimates on the top and bottom lines. The declines dragged Nasdaq to its worst day in nearly two years."
We have seen other bad days on Wall Street in recent years, but this definitely feels different. I think that Kim Forrest has done a better job than anyone else of summarizing what we just witnessed… “I expected some selloff, but the great puking that’s happening, I didn’t expect,” said Kim Forrest, founder and chief investment officer at Bokeh Capital Partners. “Is this capitulation? I remember what capitulation feels like — this kind of feels like capitulation, when everything, even the good names, are getting barfed out.”
I could not have said it better myself. So precisely what was the trigger that prompted this rush for the exits? Well, a lot of analysts are pointing to the Fed’s decision to raise interest rates on Wednesday. Here is one example… “It’s going to be incredibly difficult for the Fed to normalize interest rates without having a negative impact on growth and earnings,” said Paul Nolte, portfolio manager at Kingsview Investment Management. “So stock prices are too high if we’re going to see a flattening or a decline in earnings per share.”
Because there is so much leverage in the market right now, rapid declines could precipitate wave after wave of forced selling. In fact, it appears that this is already happening to a certain degree. Ultimately, it certainly won’t take too much to turn this “market slide” into a “market avalanche”.
Meanwhile, we continue to get more indications that the U.S. economy as a whole is really slowing down. On Thursday, we learned that worker productivity declined “at its fastest pace in nearly 75 years” during the first quarter…"Worker productivity fell to start 2022 at its fastest pace in nearly 75 years while labor costs soared as the U.S. struggled with surging Covid cases, the Bureau of Labor Statistics reported Thursday. Nonfarm productivity, a measure of output against hours worked, declined 7.5% from January through March, the biggest fall since the third quarter of 1947."
At the same time, we continue to get more bad news on the inflation front. One of the largest meatpackers in the western hemisphere is warning that steaks and burgers will get even more expensive in the months ahead…"Beef will be getting even more expensive at U.S. grocery stores in the months ahead, according to one of the country’s biggest meatpackers.
National Beef Co., controlled by the Brazilian giant Marfrig Global Foods, sees relatively stable margins in the next two quarters, according to Tim Klein, who heads Marfrig’s U.S. operations. That means even though their costs to buy cattle are increasing, the company will ultimately be able to pass that on to consumers in the form of pricier steaks and burgers."
And the rapidly rising cost of fertilizer will inevitably make trips to the grocery store much more painful later this year…"A fertilizer shortage is putting the food supply at risk. Fertilizer prices have tripled from where they were in 2021 and it’s forcing Mid-Michigan farmers to change how they grow their crops. “You’re cutting off one hand to save the other,” said Seth Cords."
So many things are simultaneously going wrong, and the outlook for the second half of this year is exceedingly bleak. But for a long time stock prices were able to defy economic reality. Even though economic conditions were rapidly deteriorating all around us, investors just continued to party on as stock prices just kept going higher and higher.
Of course now everything has changed. Trillions of dollars in paper wealth has already been wiped out, and trillions more will likely be wiped out in the days ahead. But Wall Street doesn’t even realize that what we have been through so far is just a warm up act.
Much more difficult days are coming, and eventually we will see financial disaster on a scale that is absolutely unprecedented in our history. Hopefully that time can be put off for as long as possible. But the clock is ticking, and what happened on Thursday should be a major league wake up call for all of us."
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Related:
Market Data Center, live updates:
"Empty Shelves Everywhere, And Massive Price Increases! What's Coming? What's Next?
Full screen recommended.
Adventures with Danno, 5/6/22:
"Empty Shelves Everywhere, And Massive Price Increases!
What's Coming? What's Next?
"In today's vlog we are noticing massive price increases! We are here to explain skyrocketing prices, and a lot of empty shelves! It's getting rough out here as stores seem to be struggling with getting products!"
"USA Production Is At A 75 Year Low - Retail Is Crumbling"
Full screen recommended.
Dan, iAllegedly 5/6/22:
"USA Production Is At A 75 Year Low - Retail Is Crumbling"
"It doesn’t matter where you live in the country. Everything is off. US production is that a 75 year low. Business is contracting and you’re seeing everything from retail to law firms contracting at this point. Things are slowing down before our eyes."
Gregory Mannarino, "Markets: Panic Selling! This Is NOT The 'BIG ONE'"
Gregory Mannarino, AM 5/6/22:
"Markets: Panic Selling! This Is NOT The 'BIG ONE'"
Canadian Prepper, "An Extremely Bad Feeling..."
Canadian Prepper, 5/6/22:
"An Extremely Bad Feeling..."
Midnight musings...
Thursday, May 5, 2022
Greg Hunter, "Weekly News Wrap-Up 5/6/22"
"Weekly News Wrap-Up 5/6/22"
Nuke War Close, FOX Ignores 2000 Mules, Inflation vs Roe
By Greg Hunter’s USAWatchdog.com
"It is now confirmed by intel sources that the U.S assisted in sinking the prized Russian warship called the Moskva. Sinking a ship is an act of war. Here’s what history says about the U.S. entering into the first world war. “Lusitania, British ocean liner, the sinking of which by a German U-boat on May 7, 1915, contributed indirectly to the entry of the United States into World War I.” Are we close to world war and a war that could very easily escalate into a nuke war? I think we are going to find out sooner than later.
Every mainstream media operation is simply ignoring the new movie “2000 Mules,” which creator Dinesh D’Souza says proves beyond a doubt there was widespread voter fraud in the form of ballot box stuffing in the 2020 Election. Even FOX is ignoring this explosive film. Shame on fake FOX News. The mainstream media is desperate to discredit it and try to totally ignore this earth-shaking revelation of a stolen election and an illegitimate President in the White House.
Looks like the federal abortion case Roe v. Wade is going to be overturned by the Supreme Court. Is this enough to give the Democrats an advantage? Don’t bet on it as Americans will be struggling to survive in a world of staggering inflation, the worst in 40 years. Getting behind killing the unborn is going to be low on the priority list when trying to pay for food and fuel that is exploding in price along with everything else."
Join Greg Hunter on Rumble as he talks about these stories and more in the Weekly News Wrap-Up for 5/6/22:
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Related:
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We're just begging for a nuclear war... and we'll get one, too...
Gerald Celente, "Bitcoin And Market Dive, White House Ramping Up War"
Strong language alert!
Gerald Celente, 5/5/22:
"Bitcoin And Market Dive, White House Ramping Up War"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present Facts and Truth over fear and propaganda to help subscribers prepare for What’s Next in these increasingly turbulent times."
"The Cost of Living Crisis Of 2022 Is Now Worse Than Anything That We Ever Experienced"
Full screen recommended.
"The Cost of Living Crisis Of 2022 Is Now Worse
Than Anything That We Ever Experienced"
by Epic Economist
"The inflation crisis of 2022 has escalated to a level that is beyond anything we’ve ever witnessed, even surpassing the horrible cost of living crisis experienced during the Jimmy Carter era of the 1970s. In the early 1980s, the inflation rate hit a record high of 14.6%. A couple of weeks ago, we learned that the official rate of inflation in the U.S. hit 8.5% in March, the highest level since the early days of the Reagan administration, according to Labor Department data. But when we make an apples-to-apples comparison, calculating the rate of inflation the way it was originally calculated, the official rate of inflation would be somewhere around 17% right now. This means that the cost of living in this country has risen 17% in less than two years. By comparison, in “normal” times, a healthy inflation rate would be somewhere between 2.5 to 3.5%. This leaves us with the highest living expenses and consumer prices ever recorded in the entire history of America.
The price of gasoline has risen by 48% from March 2021 to March 2022, according to numbers released by the Bureau of Labor Statistics. In just one month - from February to March - the seasonally adjusted price of gasoline jumped by 18.3%. At the same time, we’re seeing vehicle prices climb to absurd levels as the auto industry scrambles to fight against factory shutdowns, shortages, and shipping disruptions. However, all across the board, US manufacturers are reporting that inflation is out of control, and it hasn’t peaked, but intensified in the past quarter.
“Firms continued to pass higher material and staff costs on to clients in April, as the rate of charge inflation accelerated. The increase in selling prices was the fastest since last October,” the PMI report says. So when we think we’ve already seen the worst of inflation, we’re told that more price hikes happened all across the industry last month, and soon they will hit the stores.
As the cost of living crisis bites, consumer prices have already been causing a lot of pain. If you think paying $10 for a pound of bacon or $6 for a pound of butter is way too much, we’re sorry to say but it's about to get even more expensive. In a few weeks, you'll be paying a lot more for just about everything when it comes to eating in or dining out, according to the U.S. Department of Agriculture. "All food prices are now predicted to increase," the USDA's Food Prices Outlook for 2022 March report said.
And that's on top of all the other increases consumers faced over the past several months. Before the health crisis, it would be inconceivable that so many Americans would be experiencing food insecurity all of a sudden. But this tragic situation illustrates the kind of nightmare scenario that is now upon us. Sadly, economic conditions will continue to rapidly deteriorate. And if another black swan event hits us later this year, it wouldn’t take much at all to push our nation over the edge and into an unprecedented economic crisis of catastrophic proportions. We’re rapidly transitioning from stagflation to a full-blown economic recession, and the consequences of it are going to be devastating."
"A Look to the Heavens"
“What makes this spiral galaxy so long? Measuring over 700,000 light years across from top to bottom, NGC 6872, also known as the Condor galaxy, is one of the most elongated barred spiral galaxies known.
The galaxy's protracted shape likely results from its continuing collision with the smaller galaxy IC 4970, visible just above center. Of particular interest is NGC 6872's spiral arm on the upper left, as pictured here, which exhibits an unusually high amount of blue star forming regions. The light we see today left these colliding giants before the days of the dinosaurs, about 300 million years ago. NGC 6872 is visible with a small telescope toward the constellation of the Peacock (Pavo).”
The Poet: David Whyte, ”Sweet Darkness”
”Sweet Darkness”
“When your eyes are tired the world is tired also.
When your vision has gone no part of the world can find you.
Time to go into the dark where the night has eyes
to recognize its own.
There you can be sure you are not beyond love.
The dark will be your womb tonight.
The night will give you a horizon
further than you can see.
You must learn one thing:
the world was made to be free in.
Give up all the other worlds
except the one to which you belong.
Sometimes it takes darkness and the sweet confinement of your aloneness
to learn anything or anyone that does not bring you alive
is too small for you.”
- David Whyte,
“House of Belonging”
"The Most Daring Liars..."
"The men the American people admire most extravagantly
are the most daring liars; the men they detest most
violently are those who try to tell them the truth. "
- H.L. Mencken
"The Most Epic And Dangerous Economic STORM In History Is Now Upon Us"
"The Most Epic And Dangerous Economic
STORM In History Is Now Upon Us"
by Mike Adams
"The most epic and dangerous economic storm in history is now upon us… and there’s no way out. The central banks and government kleptocrats have set the trap for themselves, and now they’re caught with no escape. Yesterday the Fed just raised interest rates by 50 basis points (0.5%) in an effort to stem the tide of exploding inflation. But with real inflation at anywhere from 15% – 25%, the tiny gesture of 0.5% will have little effect at halting inflation.
It will, however, have a huge effect on real estate markets which, I publicly predicted three weeks ago, have already reached their peak. (I called the “top” of the real estate market around April 18th.) Higher interest rates mean higher costs to service mortgage loans, and that makes it more difficult for potential buyers to qualify for bank loans on overpriced housing and land. The result will be swift: A rapid unwinding of the housing bubble that was catapulted into place by absurdly low interest rates and seemingly endless money printing.
But that’s only the beginning of the news of the economic storm that’s now upon us. The US trade deficit has now soared to nearly a $110 billion deficit in one month (March), which means the US simply isn’t exporting much, compared to all the things it is importing. This is a frightening indicator for the state of the US economy in the long run.
In addition, as CNBC is reporting, a shocking new economic report reveals that US worker productivity fell by 7.5% in the first quarter of 2022. That’s almost like a plunge off a cliff. Yet even as worker output is plunging, worker costs are skyrocketing. So America’s businesses and manufacturers are paying more money for less productivity. Prices go up, output goes down. Not a good thing for the economy.
CNBC is also reporting that e-commerce activity is falling sharply, and e-commerce platforms are getting hammered in today’s 1,000+ point plunge in the DOW, with some stock prices for e-commerce giants trading down as much as 17% in one day.
With mad money printing continuing at a panic pace, it’s only a matter of time before the entire debt-based fiat currency deception machine implodes, leading to what financial analyst Gregory Mannarino predicts could be up to 80% losses in stocks, bonds and other dollar-denominated assets. See the Mannarino interview here:
That same channel on Brighteon, “Liberty and Finance,” also interviewed Andy Schectman, CEO of Miles Franklin, a large retailer of precious metals. In that interview, Schectman unveils his stunning analysis (which I agree is accurate) about how BRICS nations are poised to unleash their own gold-backed digital currency that will instantly unseat the dollar as the world reserve currency.
Importantly, Schectman explains this will happen in one day, without warning, with no exits for those left holding dollars. This is a very important interview to pay attention to (I’m going to be interviewing Schectman in a few weeks to get even more details about his analysis).
Bottom line? Andy nails it. He gets the big picture, and you should heed his warning or pay the price of losing literally all your dollar assets when the music stops. The days of dollar dominance are rapidly coming to an end. And that means the days of easy money, affordable consumer goods, low-cost loans and easy credit are also nearly over.
Governments of Switzerland and Germany suddenly urge their citizens to stockpile supplies and prepare for power grid collapse: Adding to the shocking turn of global events, the governments of both Germany and Switzerland are now publicly urging their citizens and businesses to stockpile essential supplies and prepare for scenarios such as power grid collapse or nuclear war.
As reported by Free West Media: "German Interior Minister: Citizens should start hoarding emergency supplies – Against the background of the Ukraine war, Federal Interior Minister Nancy Faeser advised citizens to take survivalist precautions in the event of a crisis. This not only affects technical issues, “but also supplies for food, medicines or medical supplies”. There are still 599 nuclear shelters in Germany. There are also some that are used differently today. “It makes sense to reactivate some of them,” Faeser said."
And in Switzerland, even the mainstream corporate media there is reporting the near-panic at the highest levels of government: “Swiss companies told to brace for electricity shortages,” blares the SWI (Swissinfo.ch): In the absence of an electricity agreement with the European Union, such a scenario is likely if large power plants fail in Switzerland or abroad.
A power failure could cause damages of up to CHF4 billion ($4.3 billion) a day, the newspaper notes, citing government figures. Switzerland risks significant problem guaranteeing electricity in the short and medium term, especially in winter, in the absence of progress on a deal with the EU, according to experts. Nowhere in this article, of course, do they mention that Switzerland has violated its traditional position of neutrality and is now all-in with NATO nations that are sending weapons to Ukraine and carrying out economic weapons of mass destruction against Russia, the primary provider of natural gas that powers Europe’s electrical grid (including, to some extent, the power grid of Switzerland).
In essence, Germany and Switzerland are warning their citizens to prepare for an energy and economic crisis that was artificially created by their own governments. That’s the sheer stupidity of progressive socialist Europe, which will almost certainly see the complete destruction of the Euro currency in the next year or so, only adding to the economic suicide of the West.
Western Europe is about to experience an economic hellscape of their own making, yet their political leaders continue to issue destructive, insane decisions on a daily basis, no matter how stupid the ideas are. Anything that can be said to “punish Russia” - even if it severely harms European citizens - is being unleashed without any consideration whatsoever of long-term repercussions.
Get full details on all this and more in today’s Situation Update, which also expresses great relief for all men now that Joy Behar has announced she’s on a sex strike to protest the overturning of Roe vs Wade. Please God, dear God, give Joy Behar the strength to extend her sex strike to the end of time…"
Please view the "Situation Update" here:
Gerald Celente, "Trends In The News 5/5/22"
Full screen recommended.
Strong language alert!
Gerald Celente, "Trends In The News 5/5/22"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present Facts and Truth over fear and propaganda to help subscribers prepare for What’s Next in these increasingly turbulent times."
"Economy Crashing While Stock Market Rises; Market Gains Will Evaporate; Recession Imminent"
Full screen recommended.
Jeremiah Babe, PM 5/5/22:
"Economy Crashing While Stock Market Rises;
Market Gains Will Evaporate; Recession Imminent"
"Stock Exchange Meltdown"; Gregory Mannarino, "Stocks Plummet!"
Live updates:
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Gregory Mannarino, PM 5/5/22:
"Stocks Plummet! The MMRI At 'High Risk';
This Is What You Need To Know Now"
Link To The MMRI (Mannarino Market Risk Indicator),
FREE Downloads And More!
Bill Bonner, "Hard Landing Ahead"
"Hard Landing Ahead"
Captain Powell guides the plane... right into the ground.
by Bill Bonner
Youghal, Ireland - "Birds in the trees. Green, green grass. Wisteria cascading over the doorway. We’re glad to be back in our Irish cottage. But stalking the emerald isle is the same menace that dogs the rest of the world. The Irish Times reports: "Irish inflation soared to 6.9% in March, EU says. Annual inflation in Ireland soared to 6.9 per cent in March, according to Eurostat, the statistical office of the European Union. The EU inflation measure differs slightly from the CSO’s consumer price index, but the two track each other very closely By way of comparison, Eurostat’s estimate for Irish inflation was 5.7 per cent in February, and just 0.1 per cent in March 2021."
All over the planet, prices are rising. Because, all over the world, central banks followed the same recipe and baked the same cake. Lots of sugary free money. Loads of leavening. And each time investors began to feel sick – 2008, 2020 – they dumped in more Jim Beam and methamphetamine. Ireland uses the euro. And Euroland inflation is running at 7.5%... not far beyond Dollarland inflation above 8%. In Turkey, inflation has reached 67%.
All over the world too – with the exception of Japan – central banks say they’ve taken the pledge: no more inflationary monetary policies. Yesterday, the Fed announced a rate increase of 50 basis points (0.5%). The Australian central bank raised its key rate earlier this week. The Russian central bank lends at 17%. And, naturally, Argentina is a head of the curve… with a 60% lending rate. So far, the European Central Bank has dragged its feet. But it, too, is expected to go on the wagon, with a ‘tightening cycle,’ soon.
Does this signal the end of inflation? Have central bankers learned their lesson… thrown out the old Keynesian cookbook… and with their right hands solemnly laid on a copy of Ludwig von Mises’ opus, “Human Action,” vowed never again to do anything so stupid? Not exactly.
Faux Hawks: The Fed’s 0.5% rate increase brings the Fed Funds rate to a real level of around MINUS 7.5%. Even with yesterday’s rise, the ‘risk-free’ 10-year Treasury bond yields MINUS 5% or so. Can you really rescue a man from drowning at the bottom of a pool by pulling him up a few inches? Can you really stop inflation when you’re lending money at negative interest rates? Not likely.
Investors realized immediately that the Fed was only pretending to be ‘hawkish.’ Barrons: "The stock market ripped higher Wednesday afternoon after the Federal Reserve delivered on its plan to fight inflation. The central bank hiked interest rates by a half-percentage point and started reducing the size of its balance sheet, which has ballooned during the pandemic. The Dow Jones Industrial Average gained 932 points, or 2.8%, after the announcement. The S&P 500 rose 3%, while the Nasdaq Composite added 3.2%. [Bond yields] dropped after the Fed signaled it wasn’t about to become even more aggressive in tightening monetary policy. The 2-year yield fell to 2.64% Wednesday afternoon, and the 10-year yield dropped to 2.92%."
But what now? Is the inflation threat history? Is pilot Jerome Powell bringing the US economy in for a landing so soft the passengers don’t even know they’re back on the ground? It would be one for the record books.
Meanwhile, Back on Earth… The problem is a familiar one – the wrong metaphor. A skillful pilot can pull back on the throttle, adjust his wings, raise the nose slightly… and set a plane down softly, even in a storm. But no amount of mechanical skill keeps a man from getting what he’s got coming. The best weatherman on earth can’t stop the wintry winds. And when the Ph.Ds at the Fed go out for lunch, the waiter still brings the bill, no matter what their ‘dynamic stochastic’ models tell them.
The US economy has $88 trillion in debt. The Fed turned the interest rate knob into negative territory; people took advantage of the opportunity to borrow at below-inflation rates. And now, down on earth… where the Fed says it intends to land… even a modest increase in interest rates could have catastrophic results. Just three percentage points, for example, would add more than $1 trillion in interest charges for the federal government alone… and $2.5 trillion more in total interest costs to the economy as a whole, an amount equal to nearly 100% of all US corporate profits.
Where would that money come from? What would stocks and bonds be worth then? And how about houses? Imagine mortgage rates at 10%. How many people could refinance their homes? How many houses would be suddenly on the market? What will happen to house prices – where most American families hold most of their wealth – when mortgage rates are back to ‘normal’?
And what about all that inflation already ‘in the pipeline?’ Energy, raw materials, rare metals – sooner or later, the ‘inputs’ must be passed along to final consumers. How can the Fed prevent it? What dial do they turn? What lever do they pull?
Soft landing? We don’t know, but if Jerome Powell can pull this off, maybe he can broker a peace deal in the Ukraine, so that the two sides walk away with no hard feelings? And maybe he can walk across the Potomac… and receive his Nobel Prize from God Himself?"
"Depression 2023 - The Countdown Has Begun"
Full screen recommended.
Dan, iAllegedly 5/5/22:
"Depression 2023 - The Countdown Has Begun"
"The Fed raises interest rates and it’s just the beginning of the end. The economy is going to get so much worse between now and the end of the year. I truly believe we are heading towards depressionary times. It’s going to be depression 2023."
"Biden’s Economic Case For Nuclear War"
"Biden’s Economic Case For Nuclear War"
by John Wilder
“Two hundred years have passed since the nuclear war raged to an end and the computers took over what was left of the world - sealed it off from the outside - and made it perfect. Now, in the Domed City in this year 2319, living is unending joy.” – "Logan’s Run"
"When we lived in Fairbanks, my hobby in the summer was getting firewood. I was the Bubba (from Forrest Gump) of firewood: “There’s lots of ways to have birch. There’s split birch, there’s dry birch, there’s stacked birch, there’s birch that the bark fell off of, there’s birch that still has bark, there’s wet birch, there’s birch logs...” you get the idea. Now imagine that James Spader was saying it. That will become important later.
As such, we spent a lot of time in the (mostly Gump-free) forest. The Mrs. would generally keep an eye on the (then four-year-old) The Boy. Outside of moose and grizzly bear, the forest was safe. Oh, did I mention the wasps? Yeah. Fairbanks was infested with them. So, one day while I was knocking down trees and sawing them up, The Boy was playing near a tree.
Then The Boy started screaming. If you noticed the clear foreshadowing, it certainly wasn’t a bear or a moose, but rather The Boy had been jumping up and down (unknowingly) on a subterranean wasp nest. Wasps have a sense of humor. Oh, no, they don’t. They’re hatred wrapped up in spite with a side order of malice and animosity. So, they did the only thing their stupid malignant minds can comprehend: they stung The Boy. Repeatedly.
Fast forward a few months. We had abandoned all of that sweet, sweet birch that we were going to combust in order to liberate the carbon back into the atmosphere and move from Fairbanks to Houston. Ugh. In the backyard, though, a beautiful butterfly came fluttering by bouncing from flower to flower. I could see the wonder and amazement in The Boy’s eyes as he tracked it across the backyard. He moved close.
“Be careful,” I said, “they bite!” He ran screaming into the house, and now I had a four-year-old son that was deathly afraid of butterflies and also the problem of explaining to The Mrs. how I was really just kidding and not intentionally emotionally scarring our child.
Good times.
“What,” you might ask, “does that story have to do with nuclear war? I can read the title, John Wilder, and I didn’t come here for twisted tales of how you made a child cry by telling him that butterflies sting.” Well, bear with me.
What if nuclear war is not so bad? What if nuclear war is Joe Biden’s cunning plan to revive our economy? I mean, giving trillions of dollars just seemed to work for a while, and now everyone’s tired of having all that free money. Giving billions to the vaxx companies so that they could, um, prevent oops, lessen the likelihood the vaxxed got COVID oops, lessen the impact of COVID oops, make billions of dollars in profits.
The next best idea that Biden had, besides eating crayons and attempting to have sex with his desk was just more of the “print trillions of dollars” idea. That didn’t go as well once people figured out they weren’t the ones getting the money, and they had to trade internal organs for a tank of gasoline.
Giving billions of dollars to Ukraine seemed safe, but outside of asking for more money, Zelinsky’s prime impact on the war effort in Ukraine appears to be walking around sweaty in an olive drab t-shirt while looking for escorts with Hunter Biden. Huh. That doesn’t seem to be working.
So, how about provoking a nuclear war? I can just imagine the conversation with the cabinet...
Secretary of Defense Lloyd Austin (SECDEF): “Are you sure, Mr. President? Don’t you think that giving Ukraine, and I quote, ‘a whole bejeebus load of guns and stuff’ might provoke the Russians?”
Vice President Kamala Harris (VP): (unintelligible giggling, possibly drunk)
Secretary of State Antony Blinken (STATE): “I’d like to remind you, Mr. President, there are a lot of Ukrainians that we’ve got left. I mean, the Russians have to run out of artillery shells at some point.”
Joseph R. Biden (BRANDON): “But, hey, man, have you thought this through? If we bomb the Russians, and they bomb us, we can (long pause) you know the thing. Build better boobies.” (waves hands while looking uncomprehendingly at imaginary people behind him)
Vice President Kamala Harris (VP): (giggling) “You said boobies! Check out this rack!” (lifts blouse)
Secretary of the Treasury Janet Yellen (TREAS): (ignoring VP) “He has a point. Think of all the industrial activity we would get if a nuclear war hit the United States. Look at (checks notes) Japan. We nuked them twice, and look how their economy skyrocketed!”
Joseph R. Biden (BRANDON): “Yeah, man, he has a good point. Is it a good point? Who has the good point?”
Secretary of the Treasury Janet Yellen (TREAS): “You, sir.”
Vice President Kamala Harris (VP): (giggling) “So, it’s settled! Margaritas for everyone! This has been a long, hard day, if you know what I mean.” (winking at Yellen)
Secretary of Defense Lloyd Austin (SECDEF): “Sounds great! I’m in. Just one more thing to do before I call it a day!” (picks up phone to call NORAD) “Brandon has authorized Operation McChicken™, repeat, Brandon has authorized Operation McChicken©, authorization code “PEZ BRAVO JOHNNY DEPP.” (hangs up phone) “Now where’s that margarita?”
So, if it appears that that the Biden Administration is being run by people who have all of the competence of Bulgarian mall lawyers attempting to fix a seventeen-year-old copier by poking and prodding it with whatever pens and paperclips their greasy fingers can find hoping against hope that their random actions will fix whatever “ERROR 031” is?
No. The Bulgarian mall lawyers, though only dimly aware that their random actions are little more effective than hitting the machine with a hammer while chanting Sheryl Crow songs in the nude, at least were bright enough to not vote for Biden.
So, perhaps like that butterfly, nuclear war won’t be so bad? Despite how good Biden makes it sound, I’ll take my chances without having a nuclear war, thank you.
I’d love to write more, but I’m watching a movie with James Spader and it requires all of my attention because he might be Jack the Ripper."
"More Price Increases At Kroger! What's Next? When Will It End?"
Full screen recommended.
Adventures with Danno, 5/5/22:
"More Price Increases At Kroger! What's Next? When Will It End?"
"In today's vlog we are at Kroger, and are noticing even more price increases! For the past few weeks we have seen a steady increase in food prices around the country. In addition we are also seeing a lot more empty shelves. It's getting rough out here as stores continue to struggle to get in products!"
Gregory Mannarino, "Meltdown: US Productivity Falls To A 75 Year Low! Labor Costs Skyrocket!"
Gregory Mannarino, AM 5/5/22:
"Meltdown: US Productivity Falls To A 75 Year Low!
Labor Costs Skyrocket!"
"The Long, Lucrative & Bloody Road To World War 3"
"The Long, Lucrative & Bloody Road To World War 3"
by Connor Freeman
Excerpt: "Well, this war in Ukraine will last “months and years.” At least, that is what the leaders of the D.C. foreign policy blob, the media, President Joe Biden’s men, Pentagon and NATO leadership have decided. Their plan is to pour oil on the flames and keep the fire raging. Also, Americans are going to have to cough up the dough for another massive aid package, with $20 billion worth of weapons to keep the blood flowing. In total, this next package will cost the taxpayer $33 billion. With Biden’s proposed $813 billion “defense” budget for 2023, the U.S. is spending more on the military and war now than ever before in the country’s history.
Now that we have our very own Ministry of Truth, it would appear any national debate over these polices, indeed if such a debate is ever allowed to take place, will likely have to be moderated by cockroaches and Keith Richards.
NATO is set to expand again, bringing in Finland and Sweden. This will extend the alliance’s border with Russia by greater than 800 miles and further stoke nuclear tensions, bringing the current brinksmanship to a whole new level. Moscow plans to respond including by increasing air and naval forces in the Baltic Sea and reinforcing its Kaliningrad exclave, which lies between NATO members Poland and Lithuania, with additional nuclear weapons and hypersonic missiles. Until 2004, it was unthinkable that NATO would ever expand to Russia’s borders until that actually happened. Like most of our issues with Russia, this is all Bill Clinton and George W. Bush’s fault.
Even as Russia’s Foreign Minister Sergei Lavrov and other leaders in Moscow repeatedly warn of nuclear conflict and World War III, even directly comparing the current situation to the Cuban Missile Crisis, senior Pentagon officials say they are not concerned.
Nor do our all-knowing rulers appear concerned with the fact that they have “almost zero” ability to keep track of the myriad sophisticated weapons systems they are sending to Ukraine. CNN quoted briefed sources saying intelligence shows American arms are falling into a “big black hole.” They say it’s worth it.
Nor do they seem to be concerned with the Russians’ warnings regarding how the West’s weapons flood in Ukraine threatens to expand the war into NATO territory and destabilize Europe. UK Foreign Secretary Liz Truss demands the West must “double down” on arms shipments, insisting particularly on “heavy weapons, tanks, airplanes—digging deep into our inventories, ramping up production. We need to do all of this.”
Please view this complete article here:
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Related:
"Putin then put the West on notice that Russia will use its super weapons if it feels threatened or cornered into defeat. “We have all the weapons we need for this. No one else can brag about these weapons, and we won’t brag about them,” Putin stated. “But we will use them,” Putin concluded. Putin’s remarks came just days after Russia completed a successful test of its Satan-2 missile, which can carry up to 15 nuclear warheads and obliterate an area the size of France."
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Full screen recommended.
"Russian State TV Threatens Nuclear Strike on
UK And Warns of Radioactive Tidal Wave"
"Intense Cognitive Workout, Enter a Highly Focused Mental State - Isochronic Tones"
Full screen recommended.
Headphones are NOT REQUIRED for this video/track.
Jason Lewis - Mind Amend,
"Intense Cognitive Workout,
Enter a Highly Focused Mental State - Isochronic Tones"
"This is a high-intensity audio brainwave entrainment session, using isochronic tones. Use this video to increase focus and concentration while studying, working and doing any mentally taxing activity. Listen to this track with your eyes open while doing the task/activity you want to focus on. Although headphones are not required you may find they produce a more intense effect, because they help to block out distracting external sounds.
Isochronic tones are a fast and effective audio-based way to stimulate your brain. Among many of the benefits, they can help improve focus, relaxation, energy levels, sleep and more, without taking drugs or needing any special equipment. What isochronic tones essentially do is guide your dominant brainwave activity to a different frequency while you are listening to them, allowing you to influence and change your mental state and how you feel."
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"Isochronic Tones –
How They Work, the Benefits and the Research"
This is a brainwave entrainment audio session using isochronic tones combined with music. The isochronic tones are the repetitive beats you can hear on top of the music throughout the track. If you are new to this type of audio brainwave entrainment, find out how isochronic tones work and how they compare to binaural beats here:
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Works for me... Listen folks, whether you want to know it or not we're in the fight of our lives, for our lives right now, and it's going to get unimaginably worse. I'll take any edge I can get, and you should too...
Wednesday, May 4, 2022
"This Is Why Democrats Are Taking Us To War With Russia"
Full screen recommended.
Tucker Carlson, 5/4/22:
"This Is Why Democrats Are Taking Us To War With Russia"
"Euphoric Stock Market Melt Up, FED Saves The Day Again; Inflation Will Run Wild"
Full screen recommended.
Jeremiah Babe, 5/4/22:
"Euphoric Stock Market Melt Up,
FED Saves The Day Again; Inflation Will Run Wild"
"Nuclear Emergency Imminent... This is INSANE"
"Nuclear Emergency Imminent... This is INSANE"
Full screen recommended.
by Canadian Prepper
○
A comment: I wish... I wish many things. I wish I didn't have to read and post all this bad news every day, but you have the right to know what's really happening, and it's all I can do to help you know and understand the absolutely insane reality we're all living in. I'd much rather post poetry, and music, and heart warming human interest stories, all the "feel good" stuff. Alas, the true horror of reality demands total focused attention, just so much happening, and it truly is insane, literally everywhere you look nothing's right, nothing's good, and the psychopaths are destroying everything, and may well get us all killed in a nuclear war, and there's nothing we can do about it. So, thank you for understanding the tone of the posts now. I won't apologize for posting the truth, but oh my God, I wish it were better. Stay strong, folks, survive...and never, ever give up!
- CP
"20 Reasons To Feel Really Depressed About The Direction Of The Economy"
Full screen recommended.
"20 Reasons To Feel Really Depressed
About The Direction Of The Economy"
by Epic Economist
"The current outlook for the U.S. economy is leaving Americans increasingly hopeless. Our systems are coming apart at the seams, and there are a whole lot of indications that things are about to get even worse. While consumer prices are soaring, paychecks are not. And while housing and rent prices reach new record highs with each passing month, millions of American families are drowning in debt.
As our buying power collapses, all of the recent polls show that the faith of the American people in our economy is eroding, and we can definitely understand why. It can be a devastating experience to work as hard as you can and yet just barely be able to pay the mortgage and put food on the table for you and your kids. The reason why so many Americans believe that we are moving towards another recession is because they can already feel life getting harder and harder every single day. Inequality in America is worsening by many measures — especially when it comes to employment.
The number of Americans getting depressed about the direction of the economy has continued to grow over the past two years. At first, most of us expected the U.S. economy to bounce back as "it always does" after the downturn caused by the effects of the health crisis, but now hope is turning into desperation as people start realizing that this time things are different.
In 2020, most Americans were very eager for things to go back to normal. By now, most of us have already accepted that this is the new normal. Unfortunately, our economic problems are still being aggravated by a perfect storm of factors that will continue to accelerate throughout 2022. Meanwhile, those in positions of power continue to act like everything is just fine, and as our economy continues to be caught in a death spiral they are only deflecting our attention from the challenges that are coming.
The sad reality is that our growth prospects are getting increasingly limited. In fact, with each passing month, more American families slip out of the middle class and into poverty. Millions of people out there will not be able to tonight because they are being eaten alive by worry and fear.
If we fail to solve our economic issues, there will be even more American families that are living in their cars and unable to afford enough to eat. This extended economic decline seems like a horrible nightmare that never seems to end. We are literally watching the greatest economy on the planet disintegrate right before our very eyes. So if you feel depressed about all this, you're not alone.
And if you still can, try to pull yourself together and get yourself and your family prepared because really hard times are coming for us. Today, we compiled some worrying stats that reveal why we've become so pessimistic about our economic future."
Celente And The Judge, "No Warrant Needed? NSA Has 60,000 People Out to Capture Every Piece of Data You Send"
Full screen recommended.
Celente And The Judge,
"No Warrant Needed? NSA Has 60,000 People Out
to Capture Every Piece of Data You Send"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present Facts and Truth over fear and propaganda to help subscribers prepare for What’s Next in these increasingly turbulent times."
Musical Interlude: Moby, "Love Of Strings"
Full screen highly recommended!
Moby, "Love Of Strings"
Life, magnificent, precious Life...
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