by Martin Armstrong Speaker Nancy Pelosi is expected to visit Taiwan during her tour of Asia, despite China’s harsh warnings that doing so could lead to war. Pelosi will be the first US House speaker to visit Taiwan in a quarter of a century, yet she has not fully explained her reason for visiting. The US military … Read more
by Michael We were told a long time ago that this was coming. It is being reported that Nancy Pelosi will arrive in Taiwan on Tuesday, and the Chinese appear to be promising that there will be some sort of a military response. What form that response will take has been the subject of much debate in … Read more
Workers’ paradise lost? Biggest beer tax hike in 30 years serves up the ‘$15 pint.’ “Brewers and pub and club operators were extremely disappointed the former government did not deliver on a proposed reduction in beer tax at this year’s March budget.” IN OTHER NEWS, UNICORN FARTS NOT RELIABLE SOURCE OF ENERGY: Green Nightmare: Aussie … Read more
Virginia Democratic congresswoman Elaine Luria is defending her multimillion-dollar stake in a company that even prolific stock trader Nancy Pelosi (D., Calif.) thinks is too controversial. Luria holds up to $25 million in computer chip designer Nvidia, the same company Pelosi’s husband invested up to $5 million in June as Congress moved forward on legislation that would … Read more
GEICO has reportedly closed all 38 of its agent offices in California, laid off hundreds of employees, and will no longer sell insurance through telephone agents in the state. Californians can still obtain GEICO policies in the state, but only through a computer or a mobile device, posing a challenge for those who are not … Read more
by Boo_Randy The Brandon regime and its media lapdogs call this a “booming economic recovery.” https://www.alignable.com/forum/45-of-restaurants-couldnt-pay-july-rent TREND TRACKER | DATA INSIGHTS | JULY RENT POLL: Boston, MA, July 29, 2022: Nearly half of the small business owners in the transportation and restaurant sectors say that they were unable to pay their July rent in full and on … Read more
NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache for banks that could squeeze their balance sheets and impair their ability to lend. The Fed’s reverse repurchase facility (RRP) has attracted a wide array of market participants, helping mop up … Read more
The cost of putting food on the table is the highest it’s been in 40 years, and inflation is specifically impacting a summertime staple: ground beef. Ground beef prices are up 12% since this time last year, which is higher than the current inflation rate for the United States, which currently stands at 9.1%. . … Read more
New Export Orders in July 2022From the Global Manufacturing PMIsFor key Exporting Economies 1. Japan (orange): 48.82. USA (red): 47.73. China (black): 47.44. Germany (blue): 42.85. Taiwan (pink): 38.4 Everyone is below the critical 50 thresholdGLOBAL RECESSION IS COMING pic.twitter.com/Nh3pwQW2zb — Robin Brooks (@robin_j_brooks) August 1, 2022 Global PMI activity components fell below the 50 … Read more
A mysterious daguerreotype of a woman and a pair of jeans possibly made by Levi Strauss himself are among nearly 1,000 Gold Rush-era treasures recovered from the fabled “Ship of Gold” now on display in Reno, Nevada. Since their recovery between the late 1980s and 2014, the remarkable findings extracted from the sunken S.S. Central … Read more