marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
oil prices
05/05/2022
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By Mary Villareal
Supply chain on the brink of COLLAPSE as diesel price surge hits trucking industry hard
The price of diesel has reached an all-time high of $5.321 a gallon, leaving the trucking industry reeling and the supply chain on the brink of collapse. Oil and gas prices have also increased, now standing at $4.187 a gallon, just a smidge down from the all-time high of $4.331 set on March 11. The trucking industry relies […]
05/01/2022
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By Mary Villareal
No signs of slowing down: Diesel price jumps 42.8% from beginning of the year, way ahead of gasoline’s 25% increase
The increase in diesel price has raced past that of gasoline. Data from the Department of Energy‘s Energy Information Administration (EIA) showed that diesel price has jumped a staggering 42.8 percent while the price of gasoline has increased 25 percent from the beginning of the year. Given the enormous role of Russia as a supplier of […]
04/22/2022
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By News Editors
David Stockman on inflationary hell that’s about to break loose
It is only a matter of time before Kiev surrenders to the Russians, with or without their clown-car president signing the armistice. But that deal will be so onerous from Washington’s perspective that it will not mark the end of the sanctions war, but will be an excuse for its actual intensification and indefinite prolongation. […]
04/19/2022
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By Mary Villareal
Meat producers react as Biden issues emergency waiver that allows selling gasoline with 15% ethanol
President Joe Biden issued an emergency waiver that allows gasoline stations nationwide to sell gasoline with 15 percent ethanol. With the record-high prices and soaring levels not seen since 1981, Biden effectively paused a federal environmental regulation that prohibits this biofuel mixture in the summer to limit smog. Biden’s action, however, could lead to higher meat […]
04/15/2022
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By Mary Villareal
EU looking at embargo on Russian oil products, potentially causing another supply chain catastrophe
European officials are now drafting plans for an embargo on Russian oil products, the most contested measure yet in punishing Russia for its invasion of Ukraine. After banning Russian coal – a move that sent coal prices around the globe at all-time highs – the European Union (E.U.) is now likely to adopt a similar […]
03/30/2022
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By Mary Villareal
The REAL price of fuel: Reports of deaths and violence plague Sri Lanka as people queue to buy expensive fuel
The Russian invasion of Ukraine has increased protests in Sri Lanka as the country falls into its worst economic crisis since its independence in 1948. The fuel crisis in Sri Lanka has led to at least three deaths due to the long hours of waiting that proved too much for people. Numerous others have also […]
03/25/2022
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By JD Heyes
Newsom wants to spend $11 billion to give Californians $400 gas cards, throwing more incendiary money into an already inflationary economy
In another example about how Democrats either legitimately don’t understand market economics or simply don’t care because they would rather risk tanking the economy in order to make more citizens dependent upon government largess, California Gov. Gavin Newsom’s plan to help state residents cope with the highest average gas prices in the country is sure […]
03/20/2022
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By Arsenio Toledo
Oil prices continue to surge amid fears of approaching supply crisis
The price of oil worldwide surged once again on Thursday, March 17, after the International Energy Agency (IEA) warned that the world could experience a massive shortage in the global oil supply by next month. According to the IEA, Russian oil production could shrink by nearly three million barrels per day (bpd) while Russian oil exports could fall […]
03/16/2022
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By Mary Villareal
Record gas prices are pushing up everyday costs, could lead to recession
Americans are in shock with the surging prices at gas stations across the country. The global energy costs are now rippling through the economy following Russia’s invasion of Ukraine, and the surges appear to be making inflation problems even worse. John Migliorini, vice president of Lakeville Trucking in Rochester, New York, said that customers may […]
03/11/2022
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By JD Heyes
Massive global depression coming as “dark years” for the world are beginning, says renowned expert
The world is now entering its most dangerous period since the last world war, a leading global analyst who predicted the effects of quantitative easing, as well as major currency shifts, is warning. That includes the potential for financial collapse and thermonuclear war between great powers, warns Egon von Greyerz, founder of Matterhorn Asset Management, which is […]
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