by Michael Snyder
The Economic Collapse Blog
If countries in Europe are already beginning to ration certain things due to “supply problems”, how long will it be before it starts happening in the United States? Up until the past couple of years, many of us in the western world always considered shortages to be something that only “unsophisticated” poor countries on the other side of the planet had to deal with. But the last couple of years have shown us that painful shortages can happen to wealthy countries in the western world too. At first we were told that they were “just temporary”, but the months went by and we just kept having more shortages. In fact, in 2022 “supply problems” have become so serious that many supermarkets in Europe have been forced to strictly ration essential items at various times. For example, it was being reported that due to the war in Ukraine flour, sunflower oil and sugar were all being rationed by stores in Greece…
The top trends forecaster says this top trend is now engulfing the entire world.
Imagine living in a country where armed soldiers crash through doors to arrest and imprison citizens merely for criticizing government officials.
In September 1999 the U.S. Department of Justice filed racketeering charges against the major tobacco companies and two of their front groups. The court filings in that case carefully pieced together a half century of conspiratorial conduct and lies that gravely harmed the health of the American people, while lining the pockets of the tobacco industry, its lawyers and its paid shills.
In November of 2020, I covered the Great Reset for my subscribers. I am always trying to understand what is happening in the world and why. Such “framing” is essential if you want to avoid being another Rat in a Cage.
You’ve seen these places, right? They’re all over the U.S. south and other sparsely-populated spots. They’ve recently moved into urban areas, too. Everything is priced at $1.00…or at least it used to be.
But it still predates the 5% & 6% holy-moly mortgage rates, whose impact on prices we’ll only see in a few months.
On the November 27, 1095, Pope Urban II gave an impassioned speech at the Council of Clermont in central France, calling for Christian warriors to take up arms in a Holy War against the invading Seljuk Turks.
Real wages are falling, inflation is at a 40-year high, and the Atlanta Fed predicts we’ll find GDP growth at zero for the second quarter. Meanwhile, both the yield curve and money-supply growth point to recession.
Last Friday, in a 6-3 ruling, the Supreme Court struck down the ruling Roe v Wade via its decision on Dobbs v Jackson Women’s Health Organization. Across the country, understandably, frightened and angry young women are protesting; screaming and weeping.
Candidates endorsed by former President Donald Trump stayed red-hot Tuesday night in Colorado, Illinois, Oklahoma, and Utah, taking home sweeping wins in all states. The perfect night for Trump-backed Republicans puts the 45th President’s endorsement record at 144-10.
The phrase “fiddling while Rome burns” is an intriguing idiom, referencing the great fire which ravaged Rome for six days in 64 A.D. and the legend that Nero, one of the most sadistic, decadent, and cruel rulers of all-time, instead of taking action to stop the fire, played his lyre while composing a song about Rome’s destruction. The Roman historian Tacitus wrote that Nero was rumored to have sung about the destruction of Rome while watching the city burn but it’s likely this was just a myth.
As we close the books on June, precious metals are flipping, flopping, and grinding lower. What’s an investor to do? Host Craig Hemke and Real Vision co-founder Grant Williams break down the month’s gold and silver news to help you keep your head amid all the volatility.
It’s only insurrection when the other side does it! For one and a half years, the Left and its media allies have peddled the narrative of a Republican insurrection. Meanwhile, Democrats and their supporters burn federal courthouses, attack property rights and the rule of law, and now call the Supreme Court illegitimate after its ruling on Dobbs v. Jackson.