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The war for America’s soul has as much to do with selfishness as it has to do with the bankers’ paper money. For those unable to make that connection, the rendering that is about to take place will take them with it, no matter how much bullion they have put away.
- Darryl Robert Schoon


THE COLLAPSE OF THE CURRENT ECONOMIC PARADIGM IS IN PROGRESS. THE COLLAPSE WILL BE ACCOMPANIED BY CATASTROPHIC EARTH CHANGES, E.G. EARTHQUAKES, FIRES, FLOODS, ETC. A NEW AND BETTER WORLD WILL FOLLOW
New postings Tuesday and Friday.  full article...
5/26/2020
Stocks surge, pushing the S&P 500 back above 3,000 for the first time since early March
This is the ‘end-of-life-rally’ or a dead-cat bounce. Take your pick.  full article...
5/26/2020
German economy may contract about 7% in 2Q



 full article...
5/26/2020
Siberia heat wave breaks records, melts snow and ice with temperature 40 degrees above normal
Record heat, record cold, record rain, fires, floods, drought, etc. The earth changes are here.  full article...
5/26/2020
Record breaking temperatures in several parts of India including Delhi
The earth changes are here.


 full article...
5/26/2020
Chicago breaks May rainfall record for third year in a row
The earth changes are here.


 full article...
5/26/2020
Michigan flooding a ‘500 year’ event
The earth changes are here.


 full article...
5/26/2020
Bank of Japan’s Kuroda says ready to do more for economy after emergency
The last rites are next.  full article...
5/26/2020
Singapore economy could contract most since independence



 full article...
5/26/2020
Hong Kong homebuyers forfeit $1.5 million in deposits
HK’s massive housing bubble may have finally started to pop. full article...
5/26/2020
Hong Kong to ease social-distancing rules as city see record 8.9% economic slump



 full article...
5/26/2020
China’s economic strategy shift shows Xi Jinping is preparing for ‘worst case scenario’
China is ahead of the curve.  full article...
THE COLLAPSE OF THE CURRENT ECONOMIC PARADIGM IS IN PROGRESS. THE COLLAPSE WILL BE ACCOMPANIED BY CATASTROPHIC EARTH CHANGES, E.G. EARTHQUAKES, FIRES, FLOODS, ETC. A NEW AND BETTER WORLD WILL FOLLOW
New postings Tuesday and Friday.  full article...
5/22/2020
Coronavirus: World hits ‘tragic milestone’ of 5 million COVID-19 cases



 full article...
5/22/2020
Global stocks dive after China sets up a fresh showdown with Trump and shcoks investors by announcing a new Hong Kong security law
As if enough wasn’t enough.  full article...
5/22/2020
No clear sign that worst is over for global trade, Asian data shows
The worst has just begun.  full article...
5/22/2020
Ford shuts two US assembly plants due to COVID-19 infections
No surprise here.  full article...
5/22/2020
Home mortgage delinquencies soar by most on record in April
May won’t be different.  full article...
5/22/2020
4.7 million mortgages are now in forebearance with an unpaid principal of $1 trillion
The bankers’ daisy chain of credit and debt is broken. Who’d a thought. Not bankers.  full article...
5/22/2020
More than 40 million Americans pushed out of work by coronavirus



 full article...
5/22/2020
UK’s first negative-yielding bond sale
Coming soon to US.


 full article...
5/22/2020
UK borrowing soars to record; retail sales slump



 full article...
5/22/2020
European new car sales in April see dramatic decline
Wait for May.  full article...
5/22/2020
17% drop in global carbon emissions at peak of COVID-19 lockdown measures
The Earth gets a break.  full article...
5/22/2020
US shale bust slams rural economies as oil checks shrivel
This isn’t just a game changer. The game’s over.  full article...
5/22/2020
Oil drops 5% on China-US tensions, demand doubts
Volatility continues. No surprise here.  full article...

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DARRYL ROBERT SCHOON: SILVER AND COVID-19, CAPITALISM'S BLACK SWAN
Silver falls as demand rises and capitalism's endgame accelerates. full article...


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See the best of our archived alerts under Classic Alerts.


Earth Changes



 full article...


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5/26/2020
INVESTOR FEAR & GREED INDEX – NEUTRAL
Previous close – NEUTRAL Previous week – NEUTRAL Previous month –FEAR 1 year ago – FEAR  full article...



NY Times: A virus-hunter falls prey to a virus he underestimated
Worthy of thought and reflection.  

full article...
Washington Post: A deadly 'checkerboard’ – COVID-19’s new surge across rural America
Worthy of thought and reflection.  

full article...
The Economist: How COVID-19 could change the financial world order
Worthy of thought and reflection.,


 

full article...


Jack Buchanan: Family Lockdown Boogie




full article...


COVID-19: The new normal from Greece to Argentina



 full article...
Indonesian grand mosque packed with Eid worshippers



 full article...
Brazil overtakes Russia to become No. 2 in world for virus cases
US, Brazil, Russia are 1,2,3 in COVID-19 infections. Trump, Bolsonaro and Putin lead the sheep to slaughter. No surprise here.


 full article...


Bob Dylan: ‘A Hard Rain’s A-Gonna Fall’ h
It’s starting to rain.




full article...


Dollars & Sense, Show 31, China and Paper Money

Dollars & Sense, Show 31, China and Paper Money



DRSCHOON.COM features the articles of Professor A. E. Fekete of the New Austrian School of Economics, a leading expert on gold and its role in financial markets and the economy.

Waiting for Godot

New Austrian School of Economics

The original title for this article was Timing Hyperinflation with an overlong subtitle The Saga of Unraveling Global Fiat Money Issued on the Strength of Irredeemable Promises of Governments. On second thought I changed it for fear of turning off serious readers suspecting that it was written by a prankster to be released on next April Fool's Day. So the new title Waiting for Godot stands.It obviously calls for an explanation. full article...

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