The Daily Doom

Economic, Social and Political News about the Great Collapse

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

Amazon to Fire 10,000 Employees, Largest Layoff in Company History

'We will see spectacular failures': CEOs and investors on what end of cheap money means

Say “Ponzi”: FTX crash is eerily similar to the Bernie Madoff scandal

Walmart raises outlook, groceries boost sales, inventory glut recedes

Home Depot posts better-than-expected quarter despite inflation

Corporate America prepares for large-scale layoffs as recession looms

FedEx Freight to begin driver furloughs next month

Five-Digit Layoffs Are Here - the Big Ones We’ve Been Waiting for

Xi’s Crackdowns Drive Chinese Billionaires to Booming Singapore

Wall Street bonuses to plunge as much as 45% for bankers

El-Erian: Market Not Pricing Liquidity Risk

British Government to Usher in New Era of Austerity

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

China's Property Investment Falls at a Faster Clip in Jan-Oct

New Zealand house prices see biggest fall since the 1990s

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

Eagle Plains: A Golden Time to Shine

Interest rates on retail credit cards are ‘crazy high,’ with some topping 30%

FTX says it could have over 1-million creditors in new bankruptcy filing

Global investors reduced holdings of China government for a ninth month

China, Again, Injects Enough Cash in System to Snap Bond Slump

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

Exclusive-Germany steps up emergency cash plans to cope in blackout

Why U.S. Diesel Exports Haven’t Dried Up During a Domestic Shortage

Overinflated (too much money chasing too few goods)

Wholesale prices rose 0.2% in October, less than expected, as inflation eases

Economists see US inflation running hotter through next year than they did a month ago and recession odds continue to mount

Inflation Expectations Throw a Curveball

Why Demand Destruction Is More Worrying than a Supply Crunch in Oil Markets

War, Cyberwar, Civil Conflicts & Unrest

G-20 nations to condemn Russia’s Ukraine invasion as Foreign Minister Lavrov watches

What Does Russia’s Kherson Retreat Mean for the War in Ukraine?

Politics & Social Decay

Lost Lake: Hobbs wins AZ governor’s race, flipping state for Dems

World Cup 2022 fans face prison for pork or porn  and beware the beer

USA makes statement at World Cup in Qatar by redesigning crest with rainbow colors to show solidarity with the LGBTQ+ community

Candace Cameron Bure Says Great American Family Will Not Feature Gay Couples, Focus on ‘Traditional Marriage’ Instead

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

Flu hospitalizations have surged to a decade high in the U.S.

DOT says Frontier, foreign airlines must pay travelers $600 million in pandemic cancelation refunds

China state media demand strict adherence to ‘zero COVID’

China economy loses steam over COVID again

Pfizer and Moderna to Investigate Their Own Vaccines for Myocarditis

Off-the-Beat or Just Plain Offbeat News

Apple rolls out iPhone emergency SOS satellite alert service for when you’re off the grid. Here’s how it works

A threat to 'human survival:' Decreasing sperm count is a global problem

Creative Collapse (cartoons, humor & other creative expressions)

Russell Brand: Bill Gates, “world savior,” offers world food solutions

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