The Daily Doom

Economic, Social and Political News about the Great Collapse

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

Dow tumbles 1,200 points for worst day since June 2020 after hot inflation report

'You Have To Get More Bearish' - Jeff Gundlach Says Buy Bonds, Sees S&P Hitting 3,000 On Over-Zealous Fed

Inflation and Fear of the Fed Buried Markets, Deeper Troubles Will Soon be Revealed

Goldman Plans to Cut Several Hundred Jobs Starting this Month

The Day Wall Street’s Narrative of “Inflation is Over” Fell Apart: A Sea of Red

After Two Spectacular Blowups, SoftBank Threatens to Create Third Run

JPMorgan's Investment Banking Fees Slide 50% In Q3

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

Mortgage demand from homebuyers falls 29% since last year, as interest rates surge past 6%

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

Yen Rallies as Japan Intervention Threat Hangs Heavy Over Market

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

Liz Truss Energy, Tax Plan ‘Will Give Richest Families 2x As Much Support’

Potential rail strike threatens the economy with an estimated cost of $2B per day

Making Sense of the Energy Crisis

Analysts May Have Overhyped America’s Largest Oil Basin

Why Europe Won’t Exploit Its Huge Gas Reserves

Overinflated (too much money chasing too few goods)

Phoenix Inflation at Record 13% Shows Divergence Among Cities

Driven by consumers, US inflation grows more persistent

A Worrying Indicator Of Looming Oil Demand Destruction

 Services Inflation Spikes, Core CPI Jumps, Food Inflation Worst since 1979, Durable Goods Rise, but Gasoline & Airfares Plunge

War, Cyberwar, Civil Conflicts & Unrest

Video: Dramatic videos show Russian troops surrendering EN MASSE as morale is ‘in the toilet’ in face of Ukraine blitz

MAD VLAD: Putin’s own officials call for despot to be REMOVED as Russia suffers ‘significant’ setbacks

Is Vladimir Putin kaput? Policymakers in St. Petersburg say Remove Yourself and ask Duma to Charge Putin with Treason

The Kremlin’s Usual Crop of Propagandists on State TV Call for Russia to Admit ‘Serious Defeat’

Desperate Kremlin Threatens Nuclear “Third World War" as Medvedev Cites Book of Revelation in Apocalyptic Threat

Russia the New N Korea: Threatens with its Nukes Again if War-Crime Investigations Begin

Politics & Social Decay

Faculty, students sue Christian school over LGBTQ hiring ban

Republican Graham proposes national ban on abortion after 15 weeks of pregnancy

Globalism, Authoritarianism, Invasive Government & Censorship

And invasive corporate intrusion: South Korea Hits Meta, Google with Record Fines over Privacy Violations

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

Summer of 2022 ranks as 3rd warmest on record for contiguous US

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

Throats burn with Covid after Burning Man Festival

Off-the-Beat or Just Plain Offbeat News

Swiss Govt Scientist Says We're on Brink of Discovering Alien Life

Creative Collapse (cartoons, humor & other creative expressions)

Democrats Propose Another Inflation Reduction Act To Combat Inflation Created By First Inflation Reduction Act