CNBC: “Midwest power & energy situation bad and getting worse. Power costs up 300%, Utility bills may go up 50%. Yes, 50%” | NPR: Rents across U.S. rise above $2,000 a month for the first time ever

Midwest power & energy situation is bad and getting worse. Power costs up 300% from last June as officials weren't ready for a spike in power demand. Utility bills may go up 50%. Yes, 50% A quick post here .. …

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How to speak “Fed”

by polloponzi Quick cheat-sheet to understand better the Fed jargon: “Love tap” = a strong kick to the nuts “Bring supply and demand in balance” = the destruction of businesses, wealth, families, and individuals “Soft landing” = a recession “Softish …

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Reality of Inflation: Almost every commodity is in extreme backwardation, 10y breakeven inflation is less than 3%, US Dollar Index is up 15+% YoY

by lulzcakes Backwardation A commodity’s spot price trading lower higher than some given future contract is, in cases, normal (e.g. seasonality or perishable commodities). The backwardation we are seeing today is extreme by any standards. [Sorry, typo. Backwardation is spot > future. Although …

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The Crypto Apocalypse Is Here

by Michael Over the last seven months, we have witnessed a cryptocurrency collapse that is so epic that it is truly difficult to put it into words.  Last November, the total market capitalization for all cryptocurrencies crossed the three trillion dollar …

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The New Fear: A Stock Market-Recession Spiral

https://www.marketwatch.com/articles/bear-market-recession-spiral-fed-51655159287?mod=mw_latestnews Economist Paul Samuelson famously quipped that the stock market had predicted nine out of the last five economic recessions. By this he meant that the stock market tends to be overly pessimistic about the economic outlook. Before taking comfort …

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Weimerica White Pill

by Chris Black The sheer fact that Bathhouse Barry is being trotted out to campaign for more internet censorship is a clear sign that this mulatto drag queen pig empire is losing the narrative war it’s waging on Americans as …

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The FBI Will Not Publish Crime Data For 2021

by Chris Black TLDR; the FBI did a forced upgrade to its new NIBRS system that prevented local law enforcement from uploading data unless each department purchased extremely expensive upgrades or manually uploaded each record. This was done intentionally and …

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YouTube comments down across the platform

Pretty big “glitch” to be happening to everyone. Rolling out a test before they start banning comments? What wrong with #youtube suddenly why all comments are down ?? It's glitch or something else?? #ytcomments pic.twitter.com/4MvcmWF7Q5 — Eli (@Boy_With_Luv_7_) June 14, …

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