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Money is not produced by savings and productivity. Instead it comes out of a spigot, the spigot of credit and debt that benefits those closest to it. Credit and debt is what has built this temporary edifice of prosperity. Credit and debt is what will destroy it.
- 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...
10/22/2019
UK Parliament backs prime minister’s Brexit bill



 full article...
10/22/2019
Boris Johnson’s Brexit bill passes Parliament but lawmakers reject timetable
The drama continues.  full article...
10/22/2019
IMF: Global economy faces $19 billion corporate debt time bomb
Those who live on credit, die in debt.  full article...
10/22/2019
Russia ready to seize control of the world’s largest oil reserves
Who’d a thought.  full article...
10/22/2019
Exxon did far more than mislead investors on climate change
No surprise here.  full article...
10/22/2019
September weather sets records, produces rainfall extremes
Record heat, record cold, record rain, fires, floods, drought, etc. The earth changes are here.  full article...
10/22/2019
Firefighters wage battle against growing Southern California
The earth changes are here.


 full article...
10/22/2019
Tornadoes wreak havoc overnight in Dallas
The earth changes are here.


 full article...
10/22/2019
Japan’s September exports slip for 10th month, pressure BOJ to ease
Cheap credit can only do so much before it becomes dangerous. full article...
10/22/2019
Japan’s inflation slows to 29-month low in September on falling oil prices
Slowing inflation is central-back speak for rising deflation. They’re afraid to say it. It's fatal.  full article...
10/22/2019
Many in China’s third-biggest province struggling to pay debt
Capitalism's credit turns into debt. Who'd a thought.  full article...
10/22/2019
IMF: China’s economic growth could fall below 5% in 2020
Trouble ahead, trouble behind.  full article...
10/22/2019
China doubles down on infrastructure to stave off slowdown
China’s printing money to make up for falling demand. Good luck.  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...
10/18/2019
Dow drops more than 200 points, wiping out its gain for the week
Volatility continues in the end game.  full article...
10/18/2019
Europe braces as US tariffs kick in on $7.5 billion worth of goods



https://www.youtube.com/watch?v=DBXH9jJRaDk  full article...
10/18/2019
Doubts over fate of Boris Johnson’s Brexit deal



 full article...
10/18/2019
Brexit deal: ‘A soft Brexit for Northern Ireland, a hard Brexit for the rest of the UK’



 full article...
10/18/2019
Eurozone inflation slows to near 3-yr lows
Low inflation means falling demand, i.e. rising deflation. The 1930s are back.  full article...
10/18/2019
Saudi Aramco delays planned launch of long-awaited IPO



 full article...
10/18/2019
Why some American oil fields are standing idle



 full article...
10/18/2019
NOAA: Earth tied its record warmest September in 2019
Global warming is real. So is denial. Record heat, record cold, record rain, fires, floods, drought, etc. The earth changes are here.  full article...
10/18/2019
Quake fears: Major fault in California moves for first time on record
The earth changes are here.  full article...
10/18/2019
September weather sets records, produces rainfall extremes
The earth changes are here.  full article...
10/18/2019
Record-breaking Nor’easter slams New England with flooding rainfall, power outages
The earth changes are here.


 full article...

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DARRYL ROBERT SCHOON: BITCOIN, BUBBLES, GOLD & SILVER
This is my article on cryptocurrencies for those interested in gold and silver. full article...


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See the best of our archived alerts under Classic Alerts.


THE CRASH WILL TAKE EVERYBODY DOWN



 full article...


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INVESTOR FEAR & GREED INDEX – GREED
Previous close – GREED Previous week – FEAR Previous month – GREED 1 year ago – EXTREME FEAR  full article...



FT: Brexit – Parliamentary roadblock leaves path to Brexit for Johnson
Worthy of thought and reflection.  

full article...
Oil Price: Oil industry braces for blowback from Exxon scandal
Big oil’s big lie on trial. Who’d a thought. Not Exxon. Worthy of thought and reflection.  

full article...
Al Jazeera: Who will govern Israel?
Worthy of thought and reflection.


 

full article...


Randy Rainbow: GIULIANI!




full article...


Anonymous Trump official who wrote New York Times op-ed has a book coming out
Trump’s troubles grow.  full article...
Democrats now have a real chance at winning the Senate in 2020
Who’d a thought.  full article...
How Donald Trump has unleashed every worst case scenario in Syria



 full article...


Eliza Gilkyson: ‘The Great Correction’





full article...


Dollars & Sense, Shows 86/87, Stories the CIA and US don't want you to know, part 1

Dollars & Sense, Shows 86/87, Stories the CIA and US don't want you to know, part 1



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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