The Daily Doom

Economic, Social and Political News about the Great Collapse

Economica (stocks in bondage, bonds in the stockade, market madness, etc.)

Household wealth suffers record drop

Goldman’s Apple Card business has a surprising subprime problem

Where Walmart, Amazon and Target are spending billions in a slowing economy

Alarm Bells Sound as World's Second Largest Appliance Company Reports Demand Plunge

US Railroads Enact "Contingency Plans," Preparing for Labor Strike as Union Talks Fail

Housing Bubble Bust 2.0 (including commercial & global real estate)

Boots-on-the-Ground Observations by 21 Home Builders about the Housing Market They’re Facing

Money Matters (monetary policy, gold, silver, cryptos & currency wars)

Rates To 4% "Come Hell or High Water" - Fed Has Credibility Crisis & Powell Knows It

Bitcoin tops $22,000, hitting highest in nearly a month ahead of inflation data and Ethereum merge

Euro Climbs Most Since March as ECB Hawks Help Cool Dollar Fever

Animated Graph: Reserve Currencies Since 1900 (Russia and China have never even been in the game and still aren’t.)

Famished & Enflamed (sanctions, shortages, famines & fires)

California’s Water-Saving Policies Could Start a Mini Dust Bowl

Satellite Image Reveals 'Agriculture Wasteland' Across California's Rice Capital

This Winter, Europe Plunges Into “The New Dark Ages”

Biden to hit China with broader curbs on U.S. chip and tool exports: Reuters, citing sources

Biden administration jumps into rail, union talks hoping to avert strike

Overinflated (too much money chasing too few goods)

Most Americans now say they are feeling the sting of inflation in their finances

EU Proposes Mandatory Power-Demand Cut and Tax on Profits

Buyers’ Strike Takes Effect: Totally Crazy Irrational Price Spike of Used Vehicles in Serious Unwind Mode

Record U.S. LNG Exports to Europe May Not Last

US Gasoline prices keep plunging

War, Cyberwar, Civil Conflicts & Unrest

RUSSIA ON THE RUN INVADERS PUSHED BACK TO BORDER

Ukraine seizes key supply hub from Russian forces in east, recapturing considerable territory

Russia announces troop pullback from Ukraine’s Kharkiv area

After 200 days of war, the tide has turned in Ukraine’s favor

Amid Ukraine's startling gains, liberated villages describe Russian troops dropping rifles and fleeing

Ukraine says it’s repaired damaged power infrastructure

Ukraine Shuts Down Europe’s Largest Nuclear Plant to Avoid Catastrophe

DC Mayor Declares Public Emergency After Busloads of Migrants Overwhelm Nation's Capital

Politics & Social Decay

Judge tosses Trump’s Russia probe suit against Clinton, FBI

Queen's death adds another challenge for Britain at a troubled time

Former Obama official calls out US networks over Queen Elizabeth coverage, zeroing in on her connection to British colonialism

Guaranteed Income Programs Spread, City by City

Mom says trans eighth-grader questioned by Texas officials at school

'Rife with political risks': Why Garland faces tough calls in considering Trump charges

Ex-Trump lawyer Ty Cobb says ex-president faces ‘very high’ chance of indictment

Florida Watchdog Groups Allege Mail-in Ballot and Voter Roll Violations In 2020, 2022

Winds of Change (extreme weather, climate change & green energy)

Drought Forces British Columbia to Suspend Water Permits for Oil Firms

A Pox Upon Us (the plagues & pandemic policing of the 2020’s)

Biden Administration Orders 171-Million Booster Doses after Eight-Mouse Trial in Which All the Rodents Got Corona Anyway

CDC clears reformulated Covid shots in time for school with no human trial data. Encourages boosting two months after primary doses.

New Ivermectin Study Demonstrates 92% Reduction In COVID-19 Mortality Rate

Off-the-Beat or Just Plain Offbeat News

Navy Says Releasing UFO Videos 'Will Harm National Security'

Gold coin hoard worth $300K found beneath kitchen floor in England

Creative Collapse (cartoons, humor & other creative expressions)

JP Sears: Things Might be Worse than You Think!