(Jerome Corsi) In a press conference last week following his meeting with Prime Minister Fumio Kishida in Japan, President Biden praised the escalating price of gasoline as a positive step toward realizing the Democratic Party’s dream of enacting the Green New Deal.
Economy
The Top 10 Creepiest and Most Dystopian Things Pushed by the World Economic Forum (WEF)
(The Vigilant Citizen) The World Economic Forum (WEF) is one of the most powerful organizations in the world. And, throughout the years, people at the WEF have said some truly insane and dystopian things. And they’ve managed to word these things in the creepiest ways possible. Here are the top 10 most insane things said by the WEF.
Inflation Reaches 8.6%, Setting New Four-Decade High
(Ben Zeisloft) The Consumer Price Index (CPI) rose 8.6% between May 2021 and May 2022, meaning that inflation surpassed record highs, a Friday morning report from the U.S. Bureau of Labor Statistics revealed.
When Did Venezuelans Realize They Were Facing Hyperinflation?
(J.G. Martinez D) Seeing that hyperinflation on a global scale isn’t too far off in the future, I wanted to take the time today to address an important issue: when did the mass of Venezuelan society realize that they were living through hyperinflation? This is how things played out here…
The Economy Is Worse Than We Thought
(Michael Snyder) The U.S. economy is slowing down more quickly than almost all of the experts had anticipated. As I detailed yesterday, U.S. consumers have been getting hit extremely hard by this economic slowdown, and at this point most Americans believe that a recession is coming. But could it be possible that a recession has already begun? As you will see below, the numbers seem to indicate that such a scenario is quite likely. But whether we are already officially in a recession or not, the truth is that whatever we are experiencing now is nothing compared to the pain that is eventually coming down the road.
UK Braces For Internet “Blackouts” Due To Coming “Wave Of Bankruptcies”
(Activist Post) Internet “blackouts” as a result of a “wave of bankruptcies” in broadband networks could be on their way.
Here Are 11 Statistics That Show How U.S. Consumers Are Faring In This Rapidly Deteriorating Economy
(Michael Snyder) Prices are soaring, there are widespread shortages of certain items such as baby formula all over the nation, and at the same time U.S. economic activity appears to be really slowing down. Considering all of that, it makes perfect sense why the American people are feeling so negative about the economy right now. In fact, a whopping 85 percent of all Americans believe that there will be a recession within the next year. These days, it is virtually impossible to get Americans to overwhelmingly agree about anything, and so the fact that 85 percent of us are anticipating a recession is a really big deal. Just about everyone realizes that economic conditions are going to get worse, but for those of you that still doubt where we are headed here are 11 statistics that show how U.S. consumers are faring in this rapidly deteriorating economy…
Global Food Crisis: Grain Shortage Could Lead to Next African Migrant Surge – EU Ministers
(Peter Caddle) EU leaders have echoed circulating concerns the ongoing global food crisis could lead to the next European migrant crisis.
Great Reset: State Planning Harsh COVID-Style Lockdown in Event of Fuel Shortage – Leak
(Peter Caddle) The Irish state is planning on reimplementing harsh COVID-style lockdown rules should the Ukraine crisis cause a major fuel shortage.
New York Times Op-Ed Applauds Inflation As Means To Enforce Green Diet
(Tyler Durden) Following a general trend of excitement among extreme leftists in media, The New York Times has recently posted an Op-Ed which argues in favor of the inflationary crisis facing the US and much of the world because it forces the public to go vegan and give up meat “for the greater good.”
Gas Prices Hit New Record of $4.71 Per Gallon, Impacting All Americans
(Michael Robison) According to AAA, the national average price for regular gasoline climbed more than four cents on Thursday to $4.71 a gallon, climbing more than 37 cents in six weeks.
Elon Musk To Slash Tesla Jobs, Has “Super Bad Feeling” About Economy
(Tyler Durden) Since mid-May, real-time indicators warned the labor market had hit a brick wall. Piper Sandler predicted last week that up to a million layoffs or more were ahead as the US economy is on the verge of recession.
Turns Out Keynes Was A Commie — The Widening Wealth Gap by Design?
(Tyler Durden) Why The Cantillon Effect Creates Communism
Gas Prices Hit New Record High Over Memorial Day Weekend
(Cullen McCue) The nationwide average cost of a gallon of unleaded gasoline has surged to $4.61, a new record. Experts believe that the average cost could soar to $5 per gallon by July.
The Most Epic and Dangerous Economic STORM in History Is Now Upon Us
(Dr Leonard Coldwell) The most epic and dangerous economic storm in history is now upon us… and there’s no way out. The central banks and government kleptocrats have set the trap for themselves, and now they’re caught with no escape.