The Daily Doom

Economic, Social and Political News about the Great Collapse

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

2Y Treasury Yields Top 4.00% For First Time Since Oct 2007

Putin & Powell Pummel Markets; Gold Jumps, Yield-Curve Inversion Nears Volcker Lows

Fed Chairman Jerome Powell warns it will be 'very challenging' to tame inflation without steep job losses across the US economy

The Train Wreck is Already Happening

England’s Central Bank Finally Says the “R” Word: Says UK May Already Be in a Recession

"Supply chain tightness not over yet"

4-Day Workweek with One Paid Day off Brings No Loss of Productivity, Companies in Experiment Say, Maybe Even Boost

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

The Luxury Home Market Posts Its Biggest Decline in a Decade. “It’s Like Crickets.”

Housing Bubble Woes: Home Prices Drop 3.5%, Steepest Monthly Drop since Jan. 2016. Sales, already at Lockdown Levels, Drop Further. Active Listings Rise Further

Powell: “Housing market will have to go through a correction … to where people can afford housing again”

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

Yuan Losses Deepen Highlighting Limits of China’s Currency Defense

Fed Rate Hikes Paint Bleak Picture for Southeast Asia Currencies

Swiss National Bank exits negative rates era with 0.75% hike

Yen Disintegrates Below 145 After BOJ Decision As Traders Call Japan's Intervention Bluff

The U.S. Dollar Is Showing Strength As A Safe Haven Asset

'Economic Discontent' Is On The Rise As Central-Bank-Nado Strikes Markets Overnight

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

BP Refinery in Ohio That Provides Gasoline for Midwest "Shut Down" after Fire

The Single Largest Energy Market Intervention in EU History

Overinflated (too much money chasing too few goods)

Airline tickets could become even more expensive, aviation execs warn

War, Cyberwar, Civil Conflicts & Unrest

Xi Tells Armed Forces Focus on Preparing For Wars as Geopolitical Flashpoints Intensify 

America WILL retaliate with 'a devastating strike' against Russia's Black Sea Fleet or bases in Crimea if Putin follows through on threat to use nuclear weapons in Ukraine

Victory or nukes? Putin backs self further into corner

Russia’s military in disarray as Putin struggles to deal with Ukraine’s counteroffensive, US sources say

Russia arrests over 1,300 as anti-war protests erupt over Putin’s partial military call-up

Medvedev: Russia can defend new regions with nuclear weapons

Politics & Social Decay

Ny Sues Trump Clan for Fraud

Appeals Court lifts hold on Mar-a-Lago records

The Don Claims President Can Declassify Just 'by Thinking about it'

Former Trump Lawyer Cohen says Suit Will Leave Trump Org in Ruins

Off-the-Beat or Just Plain Offbeat News

US Congressman Claims the United States Government had Reverse-Engineered Extraterrestrial Technology

How Scientology Protected Tom Cruise and John Travolta—and Banished Nicole Kidman

Creative Collapse (cartoons, humor & other creative expressions)

What did Biden just say about the pandemic being over?