by Charles Hugh-Smith There is an element of inevitability in play, but it isn’t about central bank bailouts, it’s about Death Spirals and the collapse of unsustainable systems. The vapid discussions about “soft” or “hard” landings for the economy are …
The last 10 remaining senators in Haiti’s parliament have officially left office, leaving the country without a single democratically elected government official. The expiration of the officials’ terms at midnight on Monday formally concluded their time in office – and with …
Misery for millions: Fed will KEEP raising interest rates after seeing ‘little evidence’ that inflation is easing and predict it will remain high for ‘some time’ Minutes from Federal Reserve’s July policy meeting were released Wednesday Fed officials saw ‘little evidence’ …
by Michael Snyder Now that Brett Kavanaugh has officially been confirmed, it is a good time to reflect upon where we are at as a nation. And where we are at is a nation that is rapidly moving toward a state …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter $21 billion of debt. Off-balance-sheet entities. Moody’s wakes up, downgrades it four notches, with more to come. Steinhoff International Holdings – which acquired nine companies in the past two years, including Mattress Firm Holding in the …
