HSBC Resuscitates 35,000 Job Cut Plan As Banking Troubles Persist
Back in February, HSBC, Europe’s largest bank and troubled lender, announced a plan that would slash upwards of 35,000 jobs. Shortly after, the lender put…
Soaring Food & Energy Costs Spark Rebound In Producer Prices
Producer Prices rebounded MoM in May with headline Final Demand PPI rising 0.4% (against +0.1% exp) but it left PPI YoY…
Civil War 2.0 Weather Report: The Tsunami Begins, But You Knew That…
If we can stop him, we shall prevent the collapse of Western Civilization. No pressure.” – Sherlock Holmes: A Game of Shadows In…
Pandemic, Economic Collapse, Full Societal Breakdown
“And the will of Zeus was moving towards its end.” – Homer Symbiotic Disharmony The recline and flail of western…
JPMorgan Is “Counting The Days” Until The Second Covid Wave
As governments ease lockdown restrictions, attention is focused on the risk of a second wave of COVID-19 infections. And, as…
“It’s All Bullsh*t” – 3 Leaks That Sink The COVID Narrative
In recent days a series of leaks across the globe have further shown the “official line” on coronavirus does not…
Central Banks Are Destroying What Was Left Of Free Markets
President Reagan memorably said that the nine words you don’t want to hear are “I’m from the government, and I’m…
Bankruptcy Tsunami Begins: Thousands Of Default Notices Are “Flying Out The Door”
Two weeks ago, when showing the uncanny correlation between defaults and the unemployment rates, we predicted that the number of…
Snyder: Fear Of COVID-19 Has Absolutely Destroyed America’s Future
Authored by Michael Snyder via The End of The American Dream blog, Very few people are talking about it, and…
Wall Street Caught Short Again As “Money Printer Go BRRRRRR To 11”
With US stocks soaring to start the week on the combination of Powell’s 60 Minutes affirmation that the Fed’s money printer go BRRRRR…