The Daily Doom
Economic, Social and Political News about the Great Collapse
Update: I would love to continue The Daily Doom, but I may need a partner to do so – perhaps someone who likes the concept already shown here who wants a daily newsletter for his or her own website/readership that works this niche but who doesn’t have the three hours per day that I spend to put this together – someone who already has a much larger audience than the 1,500 per day average that my own site, The Great Recession Blog, has. We can each benefit from my work joined with your audience because I have an eye for this kind of news and have been writing in this field for years.
The main challenge I face is that my own small site has brought in about as many free subscriptions as it is going to during this test period, which is not enough to justify the time spent. However, I think the concept for The Daily Doom is strong, if I find a much bigger net to build the reader base — an established audience with someone who is already interested in having a daily paid newsletter. You provide the audience of potential subscribers. I provide the daily feature, which is like The Drudge Report but more organized, dated, sent by email and more focused on economic content. We equally share the ownership rewards in the newsletter.
Readers are still encouraged to comment at the bottom of today’s Daily Doom post on Substack or via a reply email to today’s free email edition to let me know if they would likely pay $5 for a monthly subscription next year. Thoughts on how to promote The Daily Doom or actual help promoting it could also be essential to its success.
Economica (stocks in bondage, bonds in the stockade, market madness, etc.)
Global stock market rally could be about to meet recession reality
US Stocks Slide on Deafening Chorus of Fed Hawks
Stocks & Bonds Tumble after Fed's Bullard Comments
GLOBAL MARKETS: Shares and pound splutter as UK dishes out budget gruel
Kohl’s pulls full-year outlook, citing retail volatility, economic headwinds
Starbucks union to strike at more than 100 locations on Red-Cup Day
China Asks Banks to Report on Liquidity After Sudden Bond Rout
CNN head Chris Licht admits layoffs on horizon as anxious staffers grill him during town hall
Housing Bubble Bust 2.0 (including commercial & global real estate)
US Single-Family Housing Permits Plunge to COVID Crisis Lows, Starts Slump
Money Matters (monetary policy, gold, silver, cryptos & currency wars)
Sam Bankman-Fried tries to explain himself and largely fails
Silbert’s Once-$10 Billion Crypto Empire Is Showing Cracks
FTX Contagion Hits Winklevoss Twins as Crypto Lenders Come under Fire
From Crypto Carnage to a Financial Crash?
Famished & Enflamed (sanctions, shortages, famines & fires)
East Mediterranean Primed for a Natural Gas Boom
U.S. Diesel Inventories Hit Historic Lows at Worst Possible Time
German Meat Industry Warn of Empty Supermarket Shelves, Another 40% Jump in Meat Prices
Overinflated (too much money chasing too few goods)
Thanks to inflation, Thanksgiving to be most expensive yet as cost rises 20%
Shareholders Rejoice as Energy Companies Dish out Record Dividends
War, Cyberwar, Civil Conflicts & Unrest
Zelenskiy Softens Stance on Rocket Origin after Biden’s Comment
Russia strikes Ukrainian missile plant and gas production facilities
North Korea fires ballistic missile as it vows ‘fiercer’ military response to U.S. and allies
Germany Braces for “Aggressive Discontent” ahead of Winter Power Cuts
Politics & Social Decay
Indictment wouldn’t end Trump’s run for presidency – he could campaign or serve from jail
The DeSantis bandwagon gains momentum
Voters in Great Lake states deliver election deniers stiff rebuke
Target Blames ‘Organized Retail Crime’ for $400M Loss in Profits this Year
Winds of Change (extreme weather, climate change & green energy)
Talks at COP27 enter final stretch — but draft deal slammed for paving the way to ‘climate hell’
Off-the-Beat or Just Plain Offbeat News
Air Force, FBI raid homes in probe of Area 51 website
Arrival of Tree Roots May Have Triggered Mass Extinctions in the Ocean
Hundreds of Mummies and Pyramid of Unknown Queen Unearthed near Tut’s Tomb
Scientists Discover Giant Manta Ray Population, 10x Bigger than any Other