David Haggith

Publisher and Editor at The Daily Doom

Warning: I'm an equal-op political critic toward ALL US political parties, covering the daily doom they inflict upon all of us, particularly economic adversity.

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Articles

The Trumpet Changes His Tune

6 days ago | thedailydoom.com | David Haggith

(I’m going to cover a story I didn’t have time to on Wednesday for medical reasons when the news came out along with several other stories that sang the same tune on Thursday about how Trump is changing his tune A LOT … on a lot of things. And I’m going to do it on Friday when I don’t usually publish because I couldn’t get it out on Thursday either.
Trade in your Big Ships for a Little Junk from China

1 week ago | thedailydoom.com | David Haggith

Tariff news out of Trump’s mouth was not what stocks wanted to hear, so their nonsense rally ended today. Stocks slipped Tuesday after President Donald Trump’s shaky commentary on global trade deals, dashing hopes that progress will soon be made on the tariff front…. Stocks wavered after Trump met with Canadian Prime Minister Mark Carney on Tuesday afternoon, marking the start of negotiations between the two leaders since since Carney assumed office earlier this year.
Trump Proposes Largest Military Budget in History, Strikes Deal to Support Ukraine for Minerals, Pulls out of Peace Talks with Russia and Iran and Threatens Iran with War

1 week ago | thedailydoom.com | David Haggith

It doesn’t seem to matter who you pick as president, even the guy who claims he’s going to be all about stopping wars, all you get is more wars. Today, President Trump presented the largest military budget request in the history of the nation—$1.32-trillion. It wasn’t long ago that such an amount was greater than the entire national budget. At the same time, Trump revealed today that his interest in parleying between Russia and Ukraine was all about the energy and other mineral rights.
The Recession Begins! GDP Subsides, Inflation Heats up, Jobs Fall into a Pit.

2 weeks ago | gold-eagle.com | David Haggith

According to the Bureau of Economic Analysis, real GDP just went from a positive 2.4% annual growth rate to -0.3%. It will, of course, take two consecutive quarters of the “growth” rate coming in below zero for the present quarter to be officially designated as part of a recession, which is always done retroactively after giving lots of time for all the economic revisions to come in.
Trade in your Big Ships for a Little Junk from China

2 weeks ago | goldseek.com | David Haggith

Tariff news out of Trump’s mouth was not what stocks wanted to hear, so their nonsense rally ended. Stocks slipped Tuesday after President Donald Trump’s shaky commentary on global trade deals, dashing hopes that progress will soon be made on the tariff front…. Stocks wavered after Trump met with Canadian Prime Minister Mark Carney on Tuesday afternoon, marking the start of negotiations between the two leaders since since Carney assumed office earlier this year.
Canada Beats TheRump as US Loses a Longtime Ally!

2 weeks ago | thedailydoom.com | David Haggith

It just went very badly for President Trump in Canada, and all of us have lost a longstanding, formerly firm ally, because Trump decided, not to merely engage the whole world in trade wars, but to also completely take over a couple of countries. Well, a country and a half let’s say.
As Ships Fail to Sail to US Ports, Trump's Trade Deals Appear to be Foundering on the Rocks.

2 weeks ago | thedailydoom.com | David Haggith

The Port of Los Angeles reported today a 35% decline in arriving shipments due to the tariff shutout of China, while other articles point out how Trump is losing nearly all the trade wars he started. As chaos churns around him, the president’s approval ratings have now sunk to the lowest of any president in history for their 100th day in office. Let’s look at how this story came together today.
Drilling for Truth

2 weeks ago | goldseek.com | David Haggith

Let’s start with how Treasury Secretary Scott Bessent implied less than two days ago that a deal with China was getting close, as was de-escalation of tariffs. Then, President Trump said recently that talks with China are in progress: "Well, they had a meeting this morning...
The Recession Begins! GDP Subsides, Inflation Heats up, Jobs Fall into a Pit.

2 weeks ago | goldseek.com | David Haggith

According to the Bureau of Economic Analysis, real GDP just went from a positive 2.4% annual growth rate to -0.3%. It will, of course, take two consecutive quarters of the “growth” rate coming in below zero for the present quarter to be officially designated as part of a recession, which is always done retroactively after giving lots of time for all the economic revisions to come in.
The Deeper Dollar: Evidence of a White House Conspiracy to Collapse the Dollar

3 weeks ago | sgtreport.com | David Haggith

by David Haggith, Gold Seek:While I generally lean away from conspiracy theories and certainly don’t want to risk creating one of my own that turns out to be wrong, I couldn’t shake a couple of dark thoughts last week:1) There is no way the nation’s new Treasury Secretary, Scott Bessent, and those working with him could not know that trashing all trade around the world would trash the US dollar as the global TRADE currency as well.