2022: The Year that Imploded … Bigly
Global inverted yield curve sparks fears of Worldwide Economic Collapse
2022 was the year of the most spectacular and highest number of major implosions most people could have ever imagined in a single year. Besides major crashes in stocks, bonds, and crypto, it is also the year of the greatest recession-warning yield-curve inversion in history – a global yield-curve inversion that has never happened until now. Even the US yield curve, by itself, just became the most inverted it’s been since 1981 if you accept the Fed’s analysis. It is also the year in which housing imploded … again … as badly in terms of price plunges and sales drops as it did during the Lehman crisis. It is a year increasingly regarded as one of the Fed’s worst fails as pointed out by Mohamed El-Erian today and by several senators finally pushing a bill to reform the Fed. And that’s just TODAY’S headlines, not to mention some bone-chilling news in the weather section (except that I just did). You can easily find the relevant top stories highlighted in bold within their appropriate news sections below.
Economica (stocks in bondage, bonds in the stockade, market madness, etc.)
2022: The Year that Imploded … Bigly
Global Inverted Yield Curve Sparks Fears of Worldwide Economic Collapse
Semiconductor maker Micron announces 10% staff reduction, suspends bonuses
US Stocks Fall as Micron Outlook Saps Confidence
The whack-a-mole economy: U.S. manufacturers struggle with unpredictable supplies
Banker bonuses go from boom to bust in jarring reversal
Housing Bubble Bust 2.0 (including commercial & global real estate)
US Existing Home Sales "Frozen" In November, Biggest Annual Drop 'Since Lehman'
Home Sales Melt Down Nationally to Depths of Housing Bust 1. Prices -10% in 5 Months
US Farmland Escapes Real Estate Slump as Prices Soar to Record
Kyle Bass: China's Xi Intentionally Crashing Property Market, Preparing For War
Money Matters (monetary policy, gold, silver, cryptos & currency wars)
Mohamed El-Erian: Another Annus Horribilis for the Fed
Republican senators propose overhaul of Federal Reserve amid concerns about politics
SF Fed 'Proxy Rate' Signals Most-Inverted Yield Curve Since 1981
Fed's balance-sheet drawdown could sunset next year due to increased liquidity shortfalls
Giant Bitcoin Miner Core Scientific Files for Bankruptcy
Suddenly Everyone Hunting for Alternatives to US Dollar
Gold at $4,000? Analysts share their 2023 outlook as inflation, recession fears linger
All The Ways That Crypto Broke in 2022
FTX founder Sam Bankman-Fried will fly to New York after days of courtroom chaos
Famished & Enflamed (sanctions, shortages, famines & fires)
Widespread 'Winter Kill' Risks In US Wheat Soar Amid Cold Blast
Norway Oil & Gas Production Disappoints in Nov. but Should Increase
Chinese Refiners Are Profiting From The Russian Oil Price Cap
Planning for dry times: West considers more reservoirs and aquifers
Overinflated (too much money chasing too few goods)
This Inflation Is Wholesale Robbery Even Though the News Has Been Glorious!
Egg Prices Surge to Records as Bird Flu Decimates Poultry
Lumber Prices Collapse as Homebuilder Sentiment Falters
War, Cyberwar, Civil Conflicts & Unrest
Defiant Z Swears Ukraine Will “Never Surrender,” Gets Standing Ovation
Zelensky to Congress: 'Your money is not charity'
Ukraine’s Patriot Missiles Will Take “Several Months” to Arrive
Kremlin says no chance of peace with Kyiv after Zelensky Washington trip
Russian Nationalists Reveal Everything Wrong with the Russian Military in Ukraine
Iran & Russia Have Entered "Full-Fledged Defense Partnership," US Warns
Evidence In Nord Stream Sabotage Doesn't Point To Russia Says Washington Post
Politics & Social Decay
She was an ABC News producer while she was a deceptive corporate operative
El Paso Mayor Warns 20,000 Illegal Aliens Waiting in Mexico to Cross Border as Soon as Title 42 Ends
Netanyahu announces new govt with sweeping powers to far-right
The trouble with Harry and Meghan
Marine Corp to Drop “Yes Sir” Because of Gender Sensitivity
Winds of Change (extreme weather, climate change & green energy)
‘Once in a generation’ winter storm to impact nearly every state and cripple Christmas travel
Over 2,100 Flights Canceled Due To ‘Once In A Generation’ Winter Storm For Christmas
Denver's drastic temperature drop could rival records
Off-the-Beat or Just Plain Offbeat News
The Mysterious Deaths of People Who Talk the Wrong Narrative
How to Mentally Prepare Yourself for the EPIC Economic SHTF That’s Coming
Pope denounces psychological abuse as Jesuit’s abuse of nuns rocks Church
Creative Collapse (cartoons, humor & other creative expressions)
Republicans Blast Irresponsible $1.7 Trillion Spending Bill They Just Voted For