Where Did All The People Go?

Authored by Michael Snyder via The Economic Collapse blog, Why are companies all over the world suddenly desperate for workers?  In my entire life I have never seen anything like this.  When the labor shortage started in the United States, a lot of people blamed overly generous government handouts, but that doesn’t explain why the […]

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Record Shattered: 61 Container Ships Stuck Waiting Off California

By Greg Miller of FreightWaves, The number of container ships at anchor or drifting in San Pedro Bay off the ports of Los Angeles and Long Beach has now blown through all previous records and is rising by the day. There were an all-time-high 61 container ships in the queue in San Pedro Bay on Wednesday, according […]

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There Are Now More Job Openings Than Unemployed Workers

From ZH Starting in 2018 and lasting all the way until the covid pandemic, a remarkable golden age flourished in the US job market: that’s when for 24 consecutive months there were more job openings in the US than unemployed people. Of course, this remarkable strength in the job market ended with a thud in […]

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The Great Computer Chip Shortage Of 2021 Is Just Heating Up

Authored by MN Gordon via EconomicPrism.com, The great computer chip shortage of 2021 will likely get worse before it gets better.  This conclusion was reached following brief study and anecdotal review. Moreover, while COVID lockdowns may have initially triggered the shortage, several decades of shortsighted decisions and simmering geopolitical tensions make it much more than a matter of […]

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The Tether Ponzi Scheme

Tether is a fraud on the scale of Madoff or Enron and we’re in the middle of a bubble for the history books. Disclaimer: I have short positions on the cryptocurrency ecosystem, through MSTR and COIN puts Update: I have a subsequent post on another stablecoin It’s something awesome to live through one of the great bubbles of […]

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Will the chaos in Afghanistan affect the U.S. stock market?

Taliban fighters have taken over the Afghanistan after a stunning blitz across the country that saw them seize most of the country in just over a week. Afghan President Ashraf Ghani has also fled abroad, leaving the government in collapse, while demoralized Afghan security forces offered no resistance. The lightning sweep comes after the U.S. […]

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Did This Tiny Company Just Jump To The Front Of The Bitcoin ETF Line

From Zero Hedge: It seems like the discussion of whether or not there’s finally going to wind up being an official Bitcoin ETF has been ongoing for years. Gone are the days of waiting to see if the Winklevoss ETF would be approved and here are the days of what feels like dozens of other […]

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Palantir Buys Over $50 Million Of Gold Bars: “Preparing For A Future With More Black Swans”

From Zero Hedge: Anyone watching Tuesday’s US market cash session sees red across the board. One of the strongest sell programs in months dumped stocks at the start of trading on Tuesday, and equity volatility spiked to the upside. As Nomura warned looking the arcane gamma topology underpinning the market, this could be the beginning […]

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MRNA Plunges On Gamma Unclenching

From Zero Hedge As we noted earlier in the year in one of our detailed explanations of market action, historically speaking, gamma squeezes have been primarily associated with markets dropping, not rising.  This is because often as markets start to selloff, traders seek downside protection by purchasing put options. As traders buy puts, dealers (who are short […]

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Meet Your New Feudal Overlords

Authored by Marlon Weems via GEN on Medium, While billionaires like Bill Gates buy up all the nation’s farmland, Wall Street investors snatch up every home they can get their hands on… For Father’s Day a few years back, my wife and kids surprised me with a trip to Medieval Times, an immersive dinner theater […]

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