T-Room

The Best in Alternative News

Flight 1745: Layover in Babylon…

at

While the father of Hunter Biden is off in the middle east begging for oil without a pot to piss in, it’s no real coincidence that his predecessor (hmm) is back here in the states continuing to create mayhem for the enemies of all that is good…

Producer Price Index Hits Peak 11.3 Percent Inflation Driven by Biden Energy Policy – Service Prices Now Indicate Recession…

at

The “Producer Price Index” (PPI) is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released June price data [Available Here] showing another 11.3% increase year-over-year in Final Demand products at the wholesale level….

“Take The Tragedy in Sri Lanka and Multiply by Ten”: The Fed Just Lobbed a Financial Nuke That Will Obliterate the Global Economy…

at

We are living in a period of mass “Jonestown” economic delusion. Just twenty months ago – central bankers were offering to buy nearly every junk bond known to mankind, dramatically distorting the “true cost of capital.” All the way from crypto to emerging markets – it was a moral hazard overdose. Everyone on earth was borrowing money at fantasy-land bond yields…

Two Examinations of U.S. Economic Policy…

at

Today I am pleased to present a double feature on economic policy. Michael Hudson leads off with an explanation of economic policy as a social cost to the working class, and I follow up with an explanation that US economic policy is an act of national suicide…

Inflationary Pressure Is Worse Than They Say…

at

We are apparently back in the spend-your-way-to-prosperity mode. Last week Wall Street greeted the “strong” April PCE number with a spree of dip-buying, but you have to wonder just how long households can keep reaching into their cookie jars in order to spend what they are not earning…

The Coming Stock Market Crash of Biblical Proportions…

at

Whether we like it or not, the reality is, the Federal Reserve has an enormous influence over the dollar and the stock market. And right now, the Fed has an urgent and fateful decision to make.
It can keep printing trillions of dollars, let inflation skyrocket or tighten monetary policy, and watch the stock market crash. In other words, it can sacrifice the stock market or the dollar…

Ellen Brown: The Coming Global Financial Revolution: Russia Is Following the American Playbook…

at

Foreign critics have long chafed at the “exorbitant privilege” of the U.S. dollar as global reserve currency. The U.S. can issue this currency backed by nothing but the “full faith and credit of the United States.” Foreign governments, needing dollars, not only accept them in trade but buy U.S. securities with them, effectively funding the U.S. government and its foreign wars. But no government has been powerful enough to break that arrangement – until now. How did that happen and what will it mean for the U.S. and global economies?…

U.S. Consumer Debt Jumped by $40 Billion in February…

at

New York (CNN Business)Americans got into a lot more debt in February as rampant inflation kept up the pressure, the Federal Reserve’s consumer credit report showed Thursday.

Debt levels jumped by nearly $42 billion to a total of almost $4.5 trillion. That’s an annual increase of 11.3%, seasonally adjusted, far outperforming economists’ expectations and setting a new high. In January, total credit had grown only 2.4%…

Any publication posted at The T-Room and/or opinions expressed therein do not necessarily reflect the views of The T-Room. Such publications and all information within the publications (e.g. titles, dates, statistics, conclusions, sources, opinions, etc) are solely the responsibility of the author of the article, not The T-Room.