Month: March 2022

US, EU announce ‘task force’ to wean Europe off Russian gas: statement

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#BREAKING Germany to halve Russian oil imports by June: ministry pic.twitter.com/SYtHciy1kB — AFP News Agency (@AFP) March 25, 2022 #UPDATE Germany said Friday it was drastically slashing its energy purchases from Russia amid Moscow's invasion of Ukraine, with oil imports to be halved by June and coal deliveries to end by the autumn pic.twitter.com/2GwAyfSXW0 — … Read more

Warning signs about the loss of economic momentum — not just in Germany but also in much of Europe…

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.@markets on current and expected business conditions in #Germany according to the latest #IFO:The record drop is consistent with other indicators flashing warning signs about the loss of economic momentum — not just in Germany but also in much of #Europe #economy #EconTwitter pic.twitter.com/y6Qx6o4yeR — Mohamed A. El-Erian (@elerianm) March 25, 2022 The Ifo Business … Read more

Spanish hyperinflation near: PPI +40.7%!

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pic.twitter.com/HX5pcCTYVc — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) March 25, 2022 A bounce is not growth. Spain GPD in 2021 recovers 5.1% vs -10.8% in 2020 and with an increase of debt of 6% pic.twitter.com/GUN6TuTcft — Daniel Lacalle (@dlacalle_IA) March 25, 2022 Spain’s producer price inflation climbed to a fresh record high of 40.7 … Read more

Breakeven 10Y Rate Above 3%, Highest In History!

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by confoundedinterest17 The U.S. breakeven 10 year (USGGBE10 Index) went above 3% for the first time EVER. Breakeven inflation is the difference between the nominal yield on a fixed-rate investment and the real yield (fixed spread) on an inflation-linked investment of similar maturity and credit quality. But look at 30-year mortgage rates! Way to go, Joe! … Read more

Investors have fled European equities on a massive scale.

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Investors have fled European #equities on a massive scale. Are European stocks a value play or trap? We seek an answer in the latest @true_insights_ Daily Insight. (ht @SoberLook , @jessefelder ) pic.twitter.com/YEU0Yc8E02 — jeroen blokland (@jsblokland) March 24, 2022 European consumer confidence crashed this month. pic.twitter.com/f6ihrqjJUx — (((The Daily Shot))) (@SoberLook) March 24, 2022

Here’s your daily reminder that the Federal Reserve is still lying about ending QE.

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Here's your daily reminder that the @federalreserve is still lying about ending QE. They bought another $2.099B in MBS today. Please join us in our call to stop Jerome Powell's confirmation and retweet this message, before it's too late to #StopJPow This madness has to end. pic.twitter.com/4Y5gVIuflA — The Inflationlands (@apparentlyexemp) March 24, 2022 Don't … Read more

FRANCE’S MACRON: WE’RE ENTERING IN AN UNPRECEDENTED FOOD CRISIS. THE SITUATION WILL BE EVEN WORSE IN 12 TO 18 MONTHS…

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FRANCE'S MACRON: WE'RE ENTERING IN AN UNPRECEDENTED FOOD CRISIS. MACRON: THE SITUATION WILL BE EVEN WORSE IN 12 TO 18 MONTHS AS UKRAINE CANNOT SOW — Daniel Lacalle (@dlacalle_IA) March 24, 2022 Biden: Expect ‘Real’ Food Shortages Due to Ukraine War https://t.co/jlEEIbhYvu — Bloomberg Markets (@markets) March 24, 2022 Biden: “With regard to food shortage… … Read more

Many sectors are bouncing but credit is not. The market can’t ignore it.

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Many sectors are bouncing but credit is not The market can’t ignore it pic.twitter.com/AruOBRZZcl — Alessio (@AlessioTMAD) March 24, 2022 The #NASDAQ is up almost 13% from its low on March 14. Back then, few would have imagined that. pic.twitter.com/HjWBZzO9Ni — jeroen blokland (@jsblokland) March 24, 2022 but the #Fed is forecasting a remarkably robust … Read more

Stormy Daniels Ordered to Pay HUGE AMOUNT to Trump

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https://www.youtube.com/watch?v=rU0eS7812p4 Amanda Prestagiacomo from the Daily Wire reports, Porn star Stormy Daniels, real name Stephanie Clifford, has been ordered to pay nearly $300,000 in attorneys’ fees to former President Donald Trump, a federal appeals court ruled Friday. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/stormy…

Russian UN rep.: If NATO threatens us we have the right to press the nuclear button

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LINK: https://news.sky.com/story/russian-diplo…n-12573773 The Russian deputy ambassador to the UN says Russia retains the right to use nuclear weapons if the country is “provoked” by NATO. Dmitry Polyanskiy, one of Russia’s top diplomats in the United States, spoke to Sky News after Vladimir Putin’s spokesman said his boss could push the nuclear button if the country feels … Read more

Pity the fool who believes the fact-checkers…

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https://www.tabletmag.com/sections/news/…t-checkers Quote:Invasion of the Fact-Checkers Who are you going to believe, the Democratic Party’s new official-unofficial, public-private monopoly tech platform censorship brigade, or your misinformed, disinformed eyes? In the past five years, a cadre of fact-checkers has marched through the institutions of journalism and installed itself in the U.S. media as a privatized, quasi-governmental regulatory … Read more

Excellent Article on Europe’s Predicament

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by Chris Black Europe is incapable of defending itself because it is ruled by Washington, which keeps them weak and (Germany in particular) self-hating as a post-WWII policy objective. This relationship with America and its anti-Russian spear tip (Baltics, etc) takes diplomacy with a resurgent Russia off the table. The cherry on top is that … Read more

The Caspian Pipeline, controlled by Russia, reports an “unexpected critical breakdown” Repairs could take from 3 weeks to 2 months.

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Russia reportedly blocks oil from Kazakhstan heading to EU The Caspian Pipeline, controlled by Russia, reports an "unexpected critical breakdown"Repairs could take from 3 weeks to 2 months. Russia warns production could be down 1 million barrels a day.https://t.co/Ju0Tv9auF3 — Tim White (@TWMCLtd) March 24, 2022 Oil prices jumped 5% to over $121 a barrel … Read more