Month: August 2022
Blackouts Hit Asia As LNG Prices Soar In Tight Global Market
By Tsvetana Paraskova Emerging economies in Asia face prolonged electricity crises and continued rolling blackouts as spot LNG prices surge and high demand from Europe is pricing Southeast Asia out of the tight global gas market. For over six months now, Europe has been the key driver of global LNG demand as it looks to replace as … Read more
Federal Reserve Bank of Minneapolis CEO says inflation is ‘very concerning’ and ‘spreading out’ across economy
by Boo_Randy Pay no attention to what these Keynesian fraudsters say, only to what they do or don’t do. The Fed has no intention of combating inflation – they are still expanding their balance sheet and issuing trillions in new debt which they then buy up with created-out-of-thin-air Yellen Bux, stealing value from every honestly … Read more
Biden Thinks Americans Received $8K Stimulus Checks
by Martin Armstrong There are slips of the tongue, but President Biden cannot speak freely without a teleprompter. Every time he goes off script, he embarrasses his country. The president of the free world has no idea what is going on, and his mental health continues to decline publicly. The American Rescue Plan sent a trivial … Read more
Media Hacks Pout As Republicans Treat Them Like the Trash They Are
by Kurt Schlichter The media is our enemy and it is wonderful to finally see Republicans treating reporters as what they are – digital vermin whose sole function is to shrimp the toes of the regime. There has been a rash of media handwringing because GOP superstars like Ron DeSantis are not allowing the media access … Read more
CLOWN WORLD: Spanish Prime Minister Proposes Ditching Neckties to Save Energy
Spanish Prime Minister Pedro Sánchez made a bizarre proposal for people to ditch neckties in order to save energy in the country. Speaking at a press conference on Friday, Sánchez proposed that his fellow citizens adopt a casual dress code every Friday in order to conserve energy while providing few details as to how the … Read more
BlackRock lost $1.7 trillion of clients’ money in 1H 2022. The National Association of Home Builders CEO: “We’re heading into a housing recession,”
More details: https://t.co/YXt9bAth7Y — unusual_whales (@unusual_whales) July 31, 2022 "We’re heading into a housing recession," The National Association of Home Builders CEO has said. — unusual_whales (@unusual_whales) July 31, 2022 7.5% of US homes for sale have cut their asking price over the last 4 weeks, the highest level we've seen since Redfin started tracking … Read more
Former ABC, NBC and CNN Cameraman Who Threatened to Kill GOP Rep. Matt Gaetz and His Family Sentenced to Home Confinement
A former camera guy for ABC, NBC and CNN was arrested last year for threatening to kill GOP Rep. Matt Gaetz and any future children that he has. Eugene “Gene” Huelsman, 58, was arrested in Los Angeles on an indictment returned by a federal grand jury in Pensacola, Florida. Huelsman threatened to “put a bullet … Read more
IF YOU LET THINGS GET OUT OF CONTROL UP FRONT, YOU WIND UP TRYING TO CATCH UP AND FAILING:
Argentina Boosts Key Rate to 60% as Inflation Soars Toward 70%. Their big problem: “Central bank money-printing.” Argentina’s central bank delivered an outsize 800 basis-point hike to its benchmark interest rate, the largest in three years, as inflation accelerates amid a growing political crisis. The monetary authority increased its benchmark Leliq rate to 60%, it said … Read more