Britain faces longest recession in a CENTURY: BofE delivers grim forecast for the economy as it raises interest rates by 0.75% to 3% – the biggest increase in three decades – sending the cost of unfixed mortgages soaring by thousands

by Boo_Randy Brits who levered up on debt to get up on that “housing ladder” – and bought into the most insane housing bubble in human history – are going to be experiencing severe rectal trauma. If you must squeal like pigs, f**ked borrowers, please squeal in time with all the other FBs. https://www.dailymail.co.uk/news/article-11385623/Misery-struggling-homeowners-Bank-England-makes-biggest-rate-rise-30-YEARS.html The … Read more

Washington D.C. to Legalize Public Urination

via Front Page Mag: When your whole city’s a toilet, why not embrace it? The D.C. Council is expected to take the first of two votes Tuesday on a massive rewrite of its criminal code. If passed, the bill would eliminate most mandatory minimum sentences, allow for jury trials in almost all misdemeanor cases and reduce the … Read more

Who Would You Rather Bet On?

By Graham Summers, MBA The financial system is currently experiencing a “relief rally.” For the eight weeks ending October 28th, the primary problems facing the financial system were: 1)    The collapse of the British Pound/ UK Government Bonds 2)    The collapse of the Japanese Yen. 3)    The collapse of U.S. Treasuries. All of those have … Read more

Ex-Pakistan Prime Minister Imran Khan got shot in a ‘assassination attempt.’

https://twitter.com/amar_navneet/status/1588139597951045633 Former Pakistan PM Imran Khan’s rally came under attack just days after he took on ISI, issuing a public warning. Former Pakistan Prime Minister Imran Khan has been injured after his public rally in Pakistan’s Wazirabad came under attack. As per media reports, as many as 5 people have been injured in the incident. … Read more

The Era of All-Powerful Central Banks Is Over

by Charles Hugh-Smith Central bank gaming of Finance is the source of instability. The era of all-powerful central banks is over for a simple reason: they failed: they failed their citizens, their nations, and they failed the world. Their policies have pushed wealth and income inequality to extremes that have destabilized the planet’s social, political, economic … Read more