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It's All Coming Down!
Today all three of the biggest bubbles in history are finally collapsing together.
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David Haggith
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The Fed Is Tied up in its Own Gordian Knot
What do you do when raising interest to fight inflation makes inflation rise much faster, but not raising rates allows inflation to keep rising? We are…
 • 
David Haggith
The Deeper Dive: The US Housing Market Has Frozen Over
Faster than you can sneeze, the housing market has dropped to almost absolute zero.
 • 
David Haggith
4
Reservations about Bank Reserves
They keep falling, even as inflation keeps driving up bond yields that force their fall. It is as if the vault door has no lock and the money keeps…
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David Haggith
The Comics of Bidenomics: All Revisions Go Down ... All the Time!
So, yields on the seven-year Treasury just priced through to the highest on record. Cost of the US debt is getting high. As the cost of debt rises for…
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David Haggith
2
The Whole Soft-Landing Narrative is Changing
It is stunning how quickly those who were teasing everyone's ears with fantasies of inflation being beaten, recession beating a path in retreat, and a…
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David Haggith
2
Tomorrow's News Today
This is one of those where-to-begin days. I sometimes say The Daily Doom is tomorrow’s news before it happens.
 • 
David Haggith
A Tale of Two Cities: Centrally Planned, Communist, Fascist Economics v. Capitalism and Conservative Reform
Today's tale is one of Washington, the home of US socialism, with today's fascist central planning, versus the rebuilt ruins of Athens, the former city…
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David Haggith
1
The Daily Doom
The Daily Doom
Economic, Social and Political News about Our Troubled Times -- a non-partisan weekday collection of the most consequential stories about our complex times with insightful editorials and weekly economic analysis.
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