Social Security cost-of-living adjustment could be 10.5% in 2023, according to new estimate

Social Security beneficiaries will be in line to receive a record high cost-of-living adjustment in 2023 due to inflation. The question is exactly how high it may be. Based on new consumer price index data for June released Wednesday, The Senior Citizens League, a nonpartisan senior group, now estimates the cost-of-living adjustment will be 10.5% … Read more

Global central banks have officially lost their minds. From synchronized over-easing in 2020 to synchronized over-tightening now.

Global central banks have officially lost their minds. From synchronized over-easing in 2020 to synchronized over-tightening now. The Bank Of Canada just raised by 1%. The largest rate hike since Aug. 1998.https://t.co/Lx4GMl0ibH pic.twitter.com/U0R8HxbKAb — Mac10 (@SuburbanDrone) July 13, 2022 Bank Of Canada "Front Loads" Tightening, Shocks Market With 100bps Rate-Hike https://t.co/sw5xcBhSbA — zerohedge (@zerohedge) July … Read more

Celente: Stay Stupid, Stay In The Mainstream

Trends Research, Released on 7/12/22 Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered … Read more

Small Business Optimism Crashes As Inflation Rises To 9.1% YoY (REAL Avg Weekly Earnings Plunge To -4.4% YoY)

by confoundedinterest17 In case you are wondering why Biden’s approval ratings are so terrible, check out this chart. Under Biden’s Reign of Error, inflation has soared to 9.1% YoY and the NFIB Small Business Optimism Index has crashed. REAL Avg Weekly Earnings plunged To -4.4% YoY. With the hot inflation numbers, the US Treasury 10Y-2Y yield … Read more

Becoming Right-Wing in the West is Basically a Form of De-Indoctrination

by Chris Black People realize that the Leftist bullshit they were fed by the media & education doesn’t match reality, and that the Left exclusively represents gross misfits and outcasts whose only desire is to destroy society and steal resources from normal people. I think it also requires a certain biological predisposition.  High conscientiousness, strong … Read more

Super-strong dollar imperils world economy

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against the Japanese yen. The dollar is the world’s reserve currency, which means it is used … Read more

Federal Reserve Alert! Naureen Hassan Resigns as First Vice President and Chief Operating Officer. She will be leaving the New York Fed in September 2022.

by Dismal-Jellyfish Source The Federal Reserve Bank of New York today announced that Naureen Hassan has stepped down from her role as First Vice President and Chief Operating Officer. She will be leaving the New York Fed in September 2022 for a senior leadership role in the private sector and in the interim has moved … Read more

Sri Lanka’s embattled president FLEES his country after months of widespread protests over the island nation’s worst-ever economic crisis

by Boo_Randy Will Jerome Powell, Yellen the Felon, and Brandon flee the USA like rats once they’ve run the country into the ground? https://www.dailymail.co.uk/news/article-11007569/Sri-Lankas-embattled-president-FLEES-country-months-widespread-protests.html Sri Lanka’s embattled president flew out of his country early Wednesday, in a probable prelude to his resignation after months of widespread protests over the island nation’s worst-ever economic crisis. Gotabaya … Read more