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.)
U.S. National Debt Tops $31 Trillion for First Time as Fed Raises Interest
Businesses added 208,000 jobs in September, better than expected, ADP reports
Junk Market Bond Is Now Only Open to Familiar Firms Offering Sky-High Yields
Volcker Lesson to Generation QE: When Central Banks Tighten, Stock Recoveries Can Take Years
WTO warns 'darkened' trade outlook could deteriorate further in 2023
It’s Full Market Meltdown Mania and the Fire Truck Is on Fire
Roubini: The Stagflationary Debt Crisis Is Here
Housing Bubble Bust 2.0 (including commercial & global real estate)
Mortgage applications plummet 14% as higher interest rates and Hurricane Ian crush demand
“The only months with materially higher single-month price declines were in the winter of 2008”
Key UK Mortgage Rate Exceeds 6% for First Time Since 2008
Swiss Company Offers Fortified Luxury Bunkers for the Apocalypse
Money Matters (monetary policy, gold, silver, cryptos & currency wars)
El-Erian: Give up the Pivot “Love Affair”
Central Banks Are Stocking Up on Gold
The Fed gets more rate-hike material from Jobs Data. Only retail trade is back to normal.
Famished & Enflamed (sanctions, shortages, famines & fires)
OPEC+ JMCC Committee Recommends 2-Million Bpd Production Cut
Overinflated (too much money chasing too few goods)
In Remarkable Turnaround US Coal Prices Soar above $200 amid Energy Crunch
EU Ambassadors Agree on a Russian Oil Price Cap
High Energy Prices Push UK Construction Industry to the Brink
Soaring LNG Carrier Rates Could Spark a Major Supply Squeeze
War, Cyberwar, Civil Conflicts & Unrest
USA Aims to Turn Taiwan into Giant Weapons Depot
Taiwan vows to respond to China’s military flight incursions
US Army Recruitment Falters – Misses Goal By 25% As Woke Ideology Takes Over
Four Unlikely States Deploy National Guard To US-Mexico Border
Politics & Social Decay
Newsom Makes California 'Sanctuary State' For Transgender Children And Their Families
High School Girl's Volleyball Team Banned From Own Locker Room After Complaining About Trans Athlete
'Burn Down the System': Another Leftist Teacher Caught by Project Veritas Indoctrinating Students
Globalism, Authoritarianism, Invasive Government & Censorship
The UN Demands All Central Banks Stop Rate Hikes And Switch To Price Controls Instead
Restoring Free Speech at Our Universities
Winds of Change (extreme weather, climate change & green energy)
Media Lying About Climate and Hurricanes