One message was repeated over and over: The world still hasn’t grasped the severity of the situation.

Bloomberg: "the energy industry is warning that the crisis is only beginning. In conversations with more than three dozen oil and gas traders, executives, brokers, shippers and advisers over the last week, one message was repeated over and over: The world still hasn’t grasped the… — Steve Lookner (@lookner) March 30, 2026 Bloomberg: “the energy …

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Conflicting reports on German unemployment highlight uncertainty in assessing the true severity of the situation.

The divergence in reported German unemployment rates, with official figures indicating a worsening situation while the ILO measure suggests minimal change, raises questions about the accuracy and reliability of the data, especially when considering the overall number of people unemployed. German unemployment – according to the German Federal Labor department – continues to worsen. Unemployment …

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The Amount of Federal and State Assistance Programs Masks the True Severity of the Current Crisis

by Chris Black There are actually more unemployed people of working age as a percentage now than the height of The Great Depression. While the ’70s stagflation was bad, the country still had a vibrant middle class and the process of gutting our infrastructure was just getting started. Main Street was still alive in the …

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