Browsed by
Tag: economic collapse

Quarterly GDP falls 3.7 percent, revealing Delta’s damage to economy

Quarterly GDP falls 3.7 percent, revealing Delta’s damage to economy

Even the media can’t hide the consequences “It does give us the sense that the economy overall is continuing to perform more robustly than we might have expected…we’ve just seen it continue to truck on.” Pity about all the small businesses and destroyed lives. Newshub, 16 December, 2021   New Zealand Gross Domestic Product (GDP) fell by 3.7 percent in the September 2021 quarter, Statistics New Zealand has announced. In a statement on Thursday morning, Stats NZ confirmed GDP, a…

Read More Read More

CEO of Blackstone Warns: Power Shortages and Riots Coming to Developed Nations – soon. Propane “Armageddon” Could Leave Rural Homes without heat We are potentially heading into the most painful global energy crisis in modern history. Shortages and OUTAGES of Propane could make it impossible to heat rural homes this winter!   Top-off your LNG and get extra capacity or stock up on fire wood, NOW, before the outages hit. This week, CNN asked Blackstone CEO Stephen Schwarzman about coming energy…

Read More Read More

With A Record 79 Container Ships Waiting Off The SoCal Coast, A Scary Supply-Chain Solution Emerges

With A Record 79 Container Ships Waiting Off The SoCal Coast, A Scary Supply-Chain Solution Emerges

Zero Hedge, 23 October, 2021 As we discussed yesterday, when looking at the recent dip in sky high container shipping rates, there was some fleeting hope that Southern California port congestion had turned the corner. The number of container ships waiting offshore dipped to the low 60s and high 50s from a record high of 73 on Sept. 19, trans-Pacific spot rates plateaued, the Biden administration unveiled aspirations for 24/7 port ops, and electricity shortages curbed Chinese factory output. Alas, it…

Read More Read More

Our Epic Supply Chain Crisis Just Hit Another Level, And Biden Is Considering Calling In The National Guard To Help

Our Epic Supply Chain Crisis Just Hit Another Level, And Biden Is Considering Calling In The National Guard To Help

 Michael Snyder Economic Collapse, 19 October, 2021 It is the month of October, and right now many Americans are more scared by the state of our national supply chains than by anything else.  Some of the things that I am going to share with you in this article are truly frightening, and I would very much encourage you to take them seriously.  Our economic infrastructure is failing on a massive scale, and officials are openly admitting that things will get…

Read More Read More

Warnings of a crash in the USA

Warnings of a crash in the USA

THE HOUSING MARKET CRASH IS HERE – YOU’RE ABOUT TO PAY MORE FOR THE CARGO CONTAINER CRISIS We are looking at a full-scale default warns one broker – this is a worst case scenario! Economists have issued a red alert after all indicators showed that Evergrande was set to miss a full third round of bond payments in just 3 weeks. This has led a collapse of other property debts in the trillions of dollars as agencies scramble and delay…

Read More Read More

“Catastrophic” Property Sales Mean China’s Worst Case Scenario Is Now In Play

“Catastrophic” Property Sales Mean China’s Worst Case Scenario Is Now In Play

ZeroHedge 10 October, 2021 No matter how the Evergrande drama plays out – whether it culminates with an uncontrolled, chaotic default and/or distressed asset sale liquidation, a controlled restructuring where bondholders get some compensation, or with Beijing blinking and bailing out the core pillar of China’s housing market – remember that Evergrande is just a symptom of the trends that have whipsawed China’s property market in the past year, which has seen significant contraction as a result of Beijing policies…

Read More Read More

China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt 

China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt 

Zero Hedge, 11 October, 2021 China’s top coal-producing region has been devastated by torrential rains and flooding this past week. About 9% of the coal mines in Shanxi province, an area responsible for producing 30% of China’s supply, have closed operations. The direct effect of this has been a spike in coal futures. Heavy rainfall flooded Shanxi over the weekend. More than 120,000 people have been evacuated, and 60 of the 682 coal mines in the province have been closed….

Read More Read More

Clif High: They Want To Kill You | The Delingpod

Clif High: They Want To Kill You | The Delingpod

I have only just discovered Clif High and what he has to tell the world. I would say that this is for people with “little dust in the eyes” and is likely to be as accurate as any predictions in the human sphere can be. Clif High is a computer scientist, linguist and enthusiastic futurist who has been credited as the founder of the Predictive Linguistics field. Clif believes we can write our futures through the uses of language. We…

Read More Read More

Global Economic Chaos is Running Rampant

Global Economic Chaos is Running Rampant

Regardless of where you are at there are supply chain issues. Real Estate is about to crash with the glut of properties about to enter the market. We are experiencing Global Economic Chaos and there are no sign of it slowing down.

Wordpress Social Share Plugin powered by Ultimatelysocial
RSS