Dams Collapse in China

https://youtu.be/d7JJyPB4SaE China’s water ministry said on Monday two dams collapsed in Inner Mongolia due to heavy rains. The dams with a combined water capacity of 1.6 trillion cubic feet collapsed on Sunday as people were quickly evacuated. Authorities said no casualties were reported. The dams were destroyed after Hulunbuir city where the dams were hosted received 87 millimetres of rainfall over … Read more

China threatens to begin World War III?

(WND) ‘We will use nuclear bombs continuously’ A video has appeared online that reportedly is circulating among Chinese Communist Party channels in which the repressive regime on the mainland there threatens to unleash a “continuous” nuclear war on the world. “When we liberate Taiwan, if Japan dares to intervene by force, even if it only … Read more

Is Joe Biden Reimagining The Jimmy Carter Presidency?

via Dailycaller: Since before the 2020 election, President Joe Biden and others have attempted to draw comparisons between his administration and that of Franklin Delano Roosevelt — but the reality is shaping up to look a lot more like former President Jimmy Carter’s tenure in office. Biden fostered that comparison as he made one of his last … Read more

Dems Change Tune On Voting Machine Hack…

https://twitter.com/JackPosobiec/status/1417132400983912451 Why is it so hard for voting machines to count results? Is this the first time in history that Democrats left "test ballots" in the count? https://t.co/jiktMnb0As — Matthew S. DePerno, Esq. (@mdeperno) June 30, 2021 AZ Democrats: The voting machines are tamper proof, but we can't use the ones that were looked at … Read more

MSNBC Host Stuns Everyone — Quits Live on Air

MSNBC host Kasie Hunt took many by surprise when she suddenly announced that she was quitting the network. The news caught fans by surprise, with some reacting with “disbelief” at the sudden announcement. “I’ve got a little bit of bittersweet news from me this morning,” she announced on her MSNBC show. “This is going to … Read more

As Fed And Treasury Spend $1.2BN Every Hour Biden Says Inflation Is “Temporary”, Respects Fed “Independence”

There was a remarkable statistic in the latest Flow Show report from BofA’s Michael Hartnett: according to the CIO’s calculations, “the Fed is  spending $336 million every 60 minutes buying bonds, while the US federal government is spending $875 million every hour this year”, a staggering amount made possible only by the recent merger between the Fed and … Read more

Chinese National Sentenced To Federal Prison For Fraudulent Scheme To Export U.S. Military Secrets…

A Chinese national and two co-defendants have been sentenced in connection with an attempt to use false export information to export maritime raiding craft and military-model engines through fraud to China, and in violation of Unites States law. Ge Songtao, a 51-year-old from Nanjing, China, pleaded guilty to the charges on November 2, 2020, and was … Read more

Charts For A Crazy World: Did Investors Just Realize Their Problems Are Unfixable?

BY JOHN RUBINO Short-term interest rates are now as negative as they were in the inflationary 1970s. But that’s where the similarity ends. As the above chart shows, 1970s indebtedness was relatively modest as a percentage of GDP, which gave that financial system the resiliency to withstand the double-digit interest rates necessary to throttle inflation and … Read more

Mohamed El-Erian – Stagflation is the biggest worry… Yellen is quite concerned… DOW -900 latest updates…

Too Much Money Chasing Too Few Goods and Services Inflation can be considered a tax, an especially regressive one, falling harder on those with lower income and/or assets. Yellen is quite concerned about hotter inflation and housing market The U.S. Treasury Secretary Yellen is now also concerned about hotter inflation and the housing market. On … Read more