Shares of AT&T fell on Thursday after CEO John Stankey said that customers are starting to put off paying their phone bills – which resulted in the wireless carrier cutting this year’s forecast for free cash flow by $2 billion, Bloomberg reports. Shares fell as much as 11% in early trading, the company’s […]
The Federal Reserve has sabotaged the economy since 1913 with its socialistic interventions. Every single boom created via its artificial credit expansion has resulted in disaster, which includes the Great Depression, which was caused by nearly a decade of inflation that begun as an effort to help finance the government’s involvement in World […]
There’s a ton of focus in financial media about how high energy prices will go, or how low they will fall. However, I think a lesser-understood aspect of this current energy and inflation problem relates to time. The Integral of Energy Prices One reason I’ve been structurally bullish on energy stocks is that […]
Faced with a deepening economic and humanitarian crisis, Sri Lanka called off an ill-conceived national experiment in organic agriculture this winter. Sri Lankan President Gotabaya Rajapaksa promised in his 2019 election campaign to transition the country’s farmers to organic agriculture over a period of 10 years. Last April, Rajapaksa’s government made good on that […]
«Germany’s social peace is in great danger». Unfortunately, as tensions over Russia’s war in Ukraine escalate, officials fear the situation could get worse. On Monday, as we reported last week, Russia is shutting down its main pipeline to Germany, Nord Stream 1, for 10 days of scheduled maintenance. Many in Berlin fear it will never reopen. «The situation on […]
The threat of such additional sanctions, for Washington already had imposed a series of sanctions in 2014, was purportedly meant to deter the invasion. That having failed, it was then claimed the sanctions would force Russia to the negotiating table. Given the centrality of economic warfare to Washington’s foreign policy, it is worth exploring how the […]
The run-up in inflation over the past year surprised central banks and consistently outstripped economists’ forecasts. In Canada, the consensus forecast of a 7.3 per cent increase in the May CPI was well below the 7.7 per cent result. The Bank of Canada promises a preliminary study soon of the costly «inflation forecast […]
Stay in the mainstream, stay stupid, stay out of touch. Life, already a daily challenge in so many ways, spiked lower when China launched the COVID War in 2020, on Lunar New Year, The Year of the Rat, locking down cities and imposing unprecedented draconian mandates… that not only persist but have worsened. POWELL TALKS TO THE SENATE BANKING […]
Their planned arrival on June 30 has stoked fears of another round of such anti-vaccine and anti-government protests, which snarled the capital for weeks until police used force to end what they and the government described as an illegal occupation. Such misgivings did not keep one group of Conservative MPs from shaking […]
BY NOW, YOU’VE probably been taught to gird your sun-starved skin for battle with cancer-causing cosmic rays every time you go outside. If they sink into tissues and get absorbed into the bloodstream, that could be a problem. Then, like other over-the-counter drugs the Food and Drug Administration oversees, sunscreens should be studied to make sure […]