Freight rates have fallen slightly in October, making some believe that the worst of the shipping crisis was over. Unfortunately, that hopeful perception didn’t last more than a couple of weeks because last week freight rates rapidly spiked to a new record high. In less than 7 days, the benchmark Baltic Dry Index, which measures … Read more
https://www.youtube.com/watch?v=Ghot24bzi7Y John Hanson from The Political Insider reports, On Sunday, far-left Democratic Congresswoman Maxine Waters said that Republicans were worse than “evil.” Waters made her comments on MSNBC’s “The Sunday Show.” Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/far-left-democrat-maxine-waters-says-republicans-are-worse-than-evil/
https://www.youtube.com/watch?v=_w9e0WL0zGU Leah Barkoukis from Townhall reports, Virginia Rep. Abigail Spanberger said last week that “the buck stops with” President Biden when it comes to soaring gas prices. “There is a variety of contributing impacts, but certainly I think the buck stops with the president,” the congresswoman said in an interview with WRIC. “And I’m proud … Read more
In recently leaked company-wide emails, Elon Musk warned that his space exploration firm SpaceX is facing a “genuine risk of bankruptcy.” CNBC reports that in a recently leaked company-wide email, SpaceX CEO Elon Musk warned that the lack of recent progress in the development of the company’s Raptor engines has put the firm at “genuine … Read more
#recession … #Tech #Bubble 2.0 edition Jack Dorsey picked a good time to retire as #TwitterCEO… 📉 https://t.co/2ApSf4EkiX pic.twitter.com/FqBJisex5C — Invariant Perspective (@InvariantPersp1) December 1, 2021
That was one of the ugliest reversals I've ever seen. pic.twitter.com/DevtZpk8j9 — Mac10 (@SuburbanDrone) December 1, 2021 #recession … #StockMarket #Bubble edition Looks like China is leading the USA again… 📉 https://t.co/glCxGvwcym — Invariant Perspective (@InvariantPersp1) December 1, 2021 #recession … #GFC2 US #manufacturing #PMI edition Already waning after many trillions of dollars of monetary … Read more
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold retailers enjoy another good season, the Federal Reserve’s dietary recommendations for Thanksgiving, and what top analysts think of gold as an investment in the year ahead. Gold is a more popular … Read more
h/t sidward35
Authored by Charles Hugh Smith via OfTwoMinds blog, But alas, humans do not possess god-like powers, they only possess hubris, and so all bubbles pop: the more extreme the bubble, the more devastating the pop. Long cycles operate at such a glacial pace they’re easily dismissed as either figments of fevered imagination or this time it’s different. … Read more
