The Daily Doom
The Daily Doom
Economic, Social and Political News about the Great Collapse
Economica (stocks in bondage, bonds in the stockade, market madness, etc.)
Treasury yields hit their most extreme inversion since 1981, presaging deep recession
Tech layoff headlines leave out a lot about recession risk and the economy
Possible rail strike could send shockwaves through energy industry
Dow sheds over 100 points as investors digest economic data, await Powell speech
Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports
DoorDash lays off 1,250 employees
Japan's Oct factory output falls again on global slowdown, weak chip demand
Reproductive Demographic time bomb ticking down on South Korea means longterm labor shortage
Housing Bubble Bust 2.0 (including commercial & global real estate)
Mortgage rates fall for the third straight week, but demand still drops further
Money Matters (monetary policy, gold, silver, cryptos & currency wars)
Russian billionaire becomes third top crypto boss to die suddenly in recent weeks
Crypto crash leaves media companies with budget holes as advertising dries up
European Central Bank says bitcoin is on the ‘road to irrelevance’
Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession
Famished & Enflamed (sanctions, shortages, famines & fires)
Germany’s Largest State Declares Emergency Amid Energy Crisis
Chevron To Ship First Venezuelan Oil To The U.S. By Year-End
Overinflated (too much money chasing too few goods)
Oil Shoots Up On Huge Crude Inventory Draw
War, Cyberwar, Civil Conflicts & Unrest
NATO seeks to shore up Russia's neighbours as Moscow attacks Ukraine on multiple fronts
South Korea scrambles fighter jets after Chinese and Russian warplanes enter air defence zone
Trenches, mud and death: One Ukrainian battlefield looks like something out of World War I
China vows crackdown on ‘hostile forces’ as public tests Xi
Politics & Social Decay
The inside story of Trump’s explosive dinner with Ye and Nick Fuentes
Progressives cool on finding alternative to Biden
Oath Keepers’ Rhodes found guilty of Jan. 6 seditious conspiracy. Faces up to 20 Yrs in prison.
How Hating Jews Became an American Crisis
Five cars rented by Biden's Secret Service burst into flames in Nantucket
Biden’s Spending Spree Is Unprecedented, Even Surpasses Turbo Trump’s Spending Spree
A Pox Upon Us (the plagues & pandemic policing of the 2020’s)
The most perilous moment of the Covid pandemic is now as the virus spirals out of control in China
Birth of the biostate: WHO announces vax passports
China Economic Activity Falls as Covid Cases Surge to Record
Off-the-Beat or Just Plain Offbeat News
Video: Hawaii’s Mauna Loa is erupting for the first time since 1984
Stunning video shows lava from Hawaii's Mauna Loa spewing into air and flowing in rivers
Videos: Eruption of Hawaii’s Mauna Loa volcano sends lava shooting hundreds of feet into the air
Videos: Hawaii watches two neighboring volcanoes erupting
Elon Musk: We will not survive AI
Meteorite that crashed into Earth contains two never-before-seen minerals
Alzheimer’s drug trial shown to slow cognitive decline in long fight against dementia
New CRISPR Gene-Editing System Can “Drag-and-Drop” DNA in Bulk