Month: February 2022

Hunter Biden’s business partner sentenced to prison… Judge gives very light sentence to Devon Archer… Prosecutors asked for 30 months…

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Devon Archer, a close friend and former business partner of President Joe Biden’s son Hunter, was sentenced on Monday for defrauding a Native American tribe. A federal judge in New York said Archer may go to prison for a year and a day, as well as serve one year of probation and forfeit $14 million … Read more

Oh Atlanta! Atlanta Fed GDPNow Q1 Forecast Drops To 0.631% With REAL Wage Growth At -2.38% (Coal Is SOARING!)

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by confoundedinterest17 Oh Atlanta! Fed, that is. The Atlanta Fed GDPNow Q1 real-time GDP index fell to 0.631%. And the Atlanta Fed REAL wage tracker fell to -2.38 growth. Volatility reigns supreme on the energy front (look at NYM Dubai crude AVAT!) And coal is up 18.68% this morning. Here is a map of gas and oil … Read more

US Trade Balance Widens To All-time High, Rise In Imports, Drop In Exports (10Y Treasury Yield Sags To 1.884%, Russian Ruble Getting Clobbered)

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by confoundedinterest17 The U.S. merchandise-trade deficit unexpectedly widened in January to an all-time high, reflecting a record value of imports and a drop in shipments overseas. The shortfall grew to $107.6 billion last month from $100.5 billion in December, according to Commerce Department data released Monday. Meanwhile, the US Treasury 10Y yield fell to 1.884%. The cost for … Read more

HUGE Cyber Attack On Major Satellite Provider Shuts Down Thousands of Wind Turbines Across Europe

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https://www.youtube.com/watch?v=EaIt9rpVNjU -Dusseldorf, Berlin A massive disruption of European satellite connections is restricting the operation of thousands of wind turbines in Central Europe. The large German wind turbine manufacturer Enercon confirmed this to Handelsblatt on Monday. Accordingly, the remote monitoring and control of 5800 plants with a total output of eleven gigawatts are affected. Whether plants … Read more

The Economic Consequences Of War

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by Ron Paul of Ron Paul Liberty Report Time to get back to normal, right? Well, not so fast. A fight on the other side of the world has generated war fever in the minds of America’s political classes. They’re already telling American citizens that “sacrifices will have to be made.” Is this what Americans need to hear … Read more