Tag: inflation

The Dreaded GOAT Predictions for 2024 Part I — Where Do We Go From Here?

James Fetzerblog

Tom Luongo [Editor’s note: Fascinating projections about 2024, where I have added my “Top 10 Stories of 2023” to round out a dreadful year.] Where do we go from here Terror in Rue de St. Denis, murder on the periphery Someone else in someone else’s pocket Christ knows I don’t know how to stop it Poppies at the cenotaph, the cynics can’t afford to laugh I heard in on the telegraph there’s Uzis on a street corner — Marillion, White Russian Last year I finally gave in to the pressure and…

Jack Mullen, WHAT ARE YOU WAITING FOR?

James Fetzerblog

Jack Mullen  If the US dollar’s global supremacy erodes, America will face a reckoning like none before. – Fareed Zakaria – CNN/WaPo BofA Sees Risk of Another FX Liquidity Crunch After Bank Crisis The global currency market is vulnerable to a liquidity crunch later this year as financial conditions tighten and economic growth slows, Bank of America Corp. warned. […]Left unattended, these threats could reverse decades of efforts to reduce poverty and fast-track development, while setting the stage for a “lost decade.” – World Bank Report The World Bank isn’t the first…

Alasdair Macleod, The Era of a Financialized Fiat-Dollar Standard is Ending

James Fetzerblog

Alasdair Macleod   In recent articles I have argued that the era of a financialised fiat dollar standard is ending. This article takes my hypothesis further and explains that it is not just the emergence of new commodity backed currencies in Asia that will threaten the dominance of Western currencies, but the Fed’s failing monetary policies and those of the other major central banks. An unstoppable rise in interest rates will in large part be responsible for their demise. Financial markets in thrall to the state underestimate the forces collapsing the…

Stephen Lendman, No Joy This Holiday Season

James Fetzerblog

by stephenlendman There’s no joy at a time of permanent US war on humanity at home and abroad on multiple fronts with mass-extermination and social control tyranny in mind worldwide. What continues with no end of it in prospect negated what’s supposed to be “the most wonderful time of the year” — with attribution to songwriters Edward Pola and George Wyle. Popularized by vocalist Andy Williams as part of his 1963 Christmas album, it became one of Billboard’s top 100 most popular songs. It became the theme song for Christmas Seals…

William de Berg, You Will Own Nothing and Be Happy

James Fetzerblog

William de Berg So says the World Economic Forum—representing the Western global elites—in its predictions for 2030.    Aside from the monstrous fallaciousness and hypocrisy of it all—the elites certainly know that depression and mental disorders are rampant among the poorest in western society,[1] which is why they are not offering to relinquish any of their assets to bring on personal contentment—it might seem at first glance totally preposterous that anyone could actually create a world by 2030 in which almost everyone would own nothing.   Yet, the path to that outcome…