Stagflation Threat Soars As Manufacturing Surveys Show Soaring Costs, Weaker Jobs
• Zero Hedge"A cooling in new orders growth was in part linked to customers pushing back on high prices..."
Contents Pages by Subject
Economy - Economics USA
Debunking the Economic Fallacies in Hugh Jackman and Robert Reich's Simpsons Episode
• https://fee.org by Patrick CarrollThere are lots of things they got wrong.
World's Largest Automaker Misses April Global Production, Slashes Estimates For June
• Zero HedgeToyota has slashed global production in June twice in the last week.
Host:
Ernest Hancock
2022-05-13 -- Ernest Hancock interviews Tone Vays on Bitcoin (MP3&4)
Program Date:Tone Vays (Analyst, Derivatives Trader & Event Organizer) provides an update on Bitcoin, future of crypto, etc...
Revealed: Plan to Transform America
• https://www.zerohedge.com, BY ROGUE ECONOMICSSomething strange is happening behind the scenes in our financial system.
Is the housing boom about to bust?
• https://www.dailymail.co, By PAUL FARRELLIs the housing boom about to bust? Sellers are slashing prices at levels not seen since before the pandemic amid rapidly cooling market as hedge fund manager of The Big Short fame warns 'It's like watching a plane crash'
Made In America: Goods Exports By State
• https://www.zerohedge.com, by Tyler DurdenAfter China, the U.S. is the next largest exporter of goods in the world, shipping out $1.8 trillion worth of goods in 2021 - an increase of 23% over the previous year.
Households Worldwide Wrecked By Soaring Gas Prices
• Zero HedgeThe cost of living is hitting a painful threshold for many working-class folks.
"Risk Is Back In Business": Futures, Bitcoin, Oil Jump As China Eases Covid Curbs
• Zero Hedge"We are in the middle of a bear-market rally. I think the market is going to be trading range-bound trying to figure out how soon is that recession coming or how quickly is inflation going down."
Scary economic news from a banker...Preparing for a economic downturn.
• https://www.youtube.com, southernprepper1Scary economic news from a banker...Preparing for a economic downturn.
World's richest man Elon Musk says recession would be a 'GOOD' thing because it'll h
• https://www.dailymail.co, By ALYSSA GUZMANWorld's richest man Elon Musk says recession would be a 'GOOD' thing because it'll hurt unproductive work-from-home crowd and 'foolish' business owners he says deserve to go bankrupt
US Home Sellers Cutting Prices Hits Highest Level Since 2019
• https://finance.yahoo.com, Prashant GopalThe number of home sellers lowering prices has reached the highest level since October 2019, the latest sign that the housing market is slowing from its once-frenzied pandemic pace.
The Economy Is Worse Than We Thought
• https://www.activistpost.com, Michael SnyderThe U.S. economy is slowing down more quickly than almost all of the experts had anticipated.
Consumers Face Summer Of Hell As Power Bill Costs Set To Jump
• https://www.activistpost.com, By Tyler DurdenThe last thing consumers want to hear is an increase in power costs this summer following the news last week of rising threats of rolling blackouts across half of the US.
Gasoline price in Los Angeles rises to as much as $7.83 a gallon...
• https://www.naturalnews.com, by: Mary VillarealGasoline price in Los Angeles rises to as much as $7.83 a gallon – more than the federal minimum wage
US Middle Class Is Shutting Down As Spending By The Rich Remains Robust
• https://www.zerohedge.com by Tyler DurdenAfter dismal earnings by such mammoth retailers as Walmart, Targets and this morning's "horror report" by Abercrombie and Fitch, on Tuesday afternoon we actually got a solid report by Nordstrom, which not only printed strong earnings but also hiked g
Rabobank: Michael Burry Warns That The Economy Looks Like A House Of Cards... And He Is Right
• https://www.zerohedge.com by Michael EveryHouse of Cards The data that got some heads, and markets, turning yesterday was US new home sales, which slumped 16.6% m-o-m and 26.9% y-o-y to a seasonally adjusted annual rate of 591,000 in April, the lowest level since April 2020. Economists had
New Homes For Sale Is a Poor Measure of Supply, What's the Real Supply?
• https://mishtalk.com, By MishLet's take a look at the supply of new homes as well as total housing units under construction.
The Number One Fallacy That Brought On This Economic Calamity
• https://www.youtube.com, RonPaulLibertyReportWhen it comes to the economy and money, you can't "fake it until you make it." If you try to fake it, you'll never make it.
Who's to Blame for Rising Gas Prices?
• by Martin ArmstrongBack in 2007, Nancy Pelosi was quick to blame the Bush Administration for rising gas prices. In 2018, Pelosi tweeted...
WTI Bounces After Small Crude Build, Big Gasoline Draw
• https://www.zerohedge.com, by Tyler DurdenOil prices inched lower today as concerns over US recession fears (and China lockdowns) battled Washington rhetoric as the US energy secretary said the Biden admin has not ruled out export restrictions to lower fuel prices.
22 House Republicans Demand Accountability On Biden's $40b War Spending
• by Glenn Greenwald and Anthony TobinThe House of Representatives, on May 10, approved President Biden's $33 billion package for the war in Ukraine, and then, on its own initiative, added $7 billion on top of it.
Double Digit Pumps
• https://www.ericpetersautos.com, ericThey are apparently recalibrating gas pumps in California to register double digit gas prices.
How the United States Conquered Inflation Following the Civil War
• https://fee.org, Lawrence W. ReedAmericans today are once again the victims of price inflation brought on by runaway government spending and printing of unbacked paper money.
Used-Truck Auction-Prices Slipping But Still Historically-High
• Zero Hedge"Pricing is still extremely high by historical standards - particularly for the newest trucks available..."
RV Recalls and High Fuel Prices to Impact Summer RV Travel
• RV LifestyleThe summer 2022 RV Travel season promises to be extremely challenging thanks to a spate of RV recalls and sky-high fuel prices.
Napkin Math to Explain Inflation
• https://fee.org by David SukoffSpending and printing money does not, and did not, stimulate the economy. It is the root cause of inflation, however.
Existing Home Sales Skid to Pre-Pandemic Level, a Housing Bust is Underway
• https://mishtalk.com, By MishExisting home sale declined for the third month. It's just a start of what's coming.
Inside Report...Auto parts...Propane problems...Aluminum roofing shortages...Cheese prices going up
• Southern Perpper 1If you have any first hand information on price increases or shortages please email me at southernprepper1@yahoo.com
Peter Schiff: The Fed Girds For Battle
• Zero Hedge - Schiff GoldAfter more than a year in which Federal Reserve leadership appeared clueless, pollyannish, and indecisive, the Fed is conducting a full-throated messaging campaign to show that it is as serious as cancer about the inflation surge that is scaring the
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