Californias Senate Bill 9 Will Destroy Affordable Single Family Housing, Bypass the Wealthy
But it won’t affect the private gated communities of the wealthy: https://archive.ph/p7khk
IWB
Kind Of A Drag! The Taper That Will Really Bite Into U.S. Growth Isn’t the Fed’s (As The Fed’s Repo Facility Hits An All-time High)
by confoundedinterest17 Kind of a drag … when Federal government stimulus fades just as The Fed tries to decide on slowing its balance sheet expansion. (Bloomberg) — In the coming Year of the Taper, it’s the fiscal version that will really bite. The …
Historically it’s way better to invest at market close than at market open, since most gains occur overnight
Found this 2018 article, interesting/fun fact: The Stock Market Works by Day, but It Loves the Night If you had bought SPY at the last second of trading on each business day since 1993, and sold at the market open the …
Housing & Rent Price Bubble Surged To The Highest Level In 45 Years: Get Ready For A Housing Crash
The US is facing one of the most painful housing crises in history as home prices soar to unprecedented levels and rents have been aggressively rising, putting millions of Americans on the edge of eviction. The massive wave of pain …
Just when I thought there was no hope left for NYC…
https://t.co/x2fDmjsdSb — Marek Jażdżewski (@HaliadeXI15MW) September 19, 2021 h/t VinoSom
Trump Treasury Secretary Steve Mnuchin Launches $2.5 Billion Private Equity Fund
Former Treasury Secretary Steven Mnuchin has just sent the clearest signal yet that he likely wouldn’t rejoin a potential second Trump Administration (despite being one of the more successful cabinet members) via reports that the ex-Goldmanite will raise $2.5 billion …
Stock Market DROPS Again as 2 Major Events This Week Signal Selloff in Advance!
Millions of people have lost their unemployment benefits. The U.S. consumer is maxed out. They need more stimulus in order to continue this economy. And of course, stocks need their artificial boost as well. The U.S. consumer is maxed out. …
CNN’s John Berman On San Francisco Democrat Mayor’s Mask Hypocrisy: “Rules For Thee And Not For Me”
CNN’s John Berman said in regards to San Francisco’s Democrat mayor London Breed’s mask hypocrisy that it’s “rules for thee and not for me,” during a segment on CNN’s “New Day” with John Berman and Brianna Keilar on 9/20/2021. Be …
Doing your own Research is Misinformation according to CNN. Can we make George Orwell fiction again?
This isn’t even a Opinion Piece. The School System educated the masses. And now the Elites who run the Schools are upset over Critical Thinking from doing your own Research! The problem is that most people simply don’t know …
Business Secretary: ‘There’s absolutely no question of the lights going out”
The Business Secretary has said the energy price cap will remain in place over the winter. Kwasi Kwarteng was speaking in the Commons after he chaired crisis talks with industry figures over fears many could go under due to soaring …
Credit Default Swap on the U.S. Debt…
https://twitter.com/zerohedge/status/1439706133069959170?s=19 h/t peruvian_bull
EVERGRANDE: China Property Bubble. A New Lehman?
Evergrande is a company that has been using a barter system and has been unable to generate cash since 2012. In short, the company has been experiencing cash shortages for years and appears to be making a profit through accounting …
Are We Responsible?
by David Morgan of The Morgan Report Are We Responsible? The federal debt ceiling is back in the spotlight as the Senate forges ahead with massive spending and infrastructure bills. While the legal cap on how much the U.S. can borrow doesn’t impact …
Mass Fatal Shooting In Russia… At Least 6 Killed
Moscow — A gunman opened fire on a Russian university campus on Monday killing at least six people, investigators said, in the country’s second mass shooting this year to target students. Videos circulating on social media showed people throwing belongings …
Eight months in and he’s already becoming toxic, even in a state as blue as Colorado has turned.
GOP slams leading state Democrats who bailed on President Biden’s visit. What Coloradans didn’t see during President Biden’s Colorado visit on Tuesday is even more important than the slurred, awkward speech he stumbled through at the National Renewable Energy Laboratory …
Viewers Rage at Maskless Emmys: ‘But Kids Have to Wear a Mask to School. What the F**k’
https://twitter.com/TylerLitz425/status/1439762914475347969 As expected, celebrities are almost exclusively without mask at the Emmys. pic.twitter.com/F8lXEJpWzq — Madison Gesiotto Gilbert (@madisongesiotto) September 20, 2021 https://www.breitbart.com/entertainment/2021/09/19/viewers-rage-at-maskless-emmys-but-kids-have-to-wear-a-mask-to-school-what-the-fk/
Yahoo begins to normalize social credit score…
Your credit score may soon depend on your web history In the not-too-distant future, your internet habits could help determine how much house you can buy and the rate on your next auto loan. Sounds ridiculous? Right now, your credit …
Earnings Alarm Bells Ringing; Signs of Fatigue… Junk-Debt Sales Soar Toward Record
(Bloomberg) — An alarming number of companies have warned that profits won’t meet expectations when they report in a month. The group, including PP Industries Inc. and Sherwin-Williams Co., are primarily materials producers that have struggled amid supply-chain disruptions. While …
China’s Black Swan Has Arrived… Are You Ready?
by The Phoenix The market is a sea of red this morning. The issue at hand is China’s massive Evergrande property developer. The company is effectively insolvent, with over $300 billion in bad loans. Many are calling this “China’s Lehman Moment.” …
Dr. Burry: Regarding inflation. So, Federal Reserve , are you lying to us, or are you lying to us?
https://twitter.com/michaeljburry/status/1439746189943980035
MSM is now calling Evergrande a “contagion threat” that’s affecting global stock markets
Wall Street joins global sell-off as Evergrande crisis intensifies via @FT https://t.co/Snd1bEpbdW — Stare Decisis (@MsResJudicata) September 20, 2021 Source: Finanical Times – https://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134 Marketwatch on why Evergrande is down 13% this morning. It’s a bloodbath across china today. …
How the Left Hates Women – Top 10 Horrors of 4th Wave Feminism
by Pinky_McPinkFace Another thread got me thinking about this, so I wanted to share. Honestly, I can’t believe how long my list kept getting as this all occurred to me. 4th wave feminism has worked to throw off the shackles of …
Expecting “Stimulus?” Household Credit Explodes Higher.
By Lance Roberts In the second quarter, household credit exploded higher as stimulus payments ran dry. Was the surge a function of excess spending, inflation, or an expectation of more “stimmies” coming? The chart below shows the total amount of household credit …
Australians push back on authoritarianism
How is this not worse than the virus? https://t.co/cw26aqlHJt — Dr Jordan B Peterson (@jordanbpeterson) September 18, 2021
Riptide in the World Economy
by Martin Armstrong COMMENT: Marty, I think the storms are creating dangerous rip currents that just suck swimmers out to sea here in Jersey. Never hear about that in Florida. I guess that and taxes are what made you leave. LOL DK …
Pennsylvania Rations Alcohol Due To Crippled Supply-Chain
A shortage of certain alcohol brands is leaving some drinkers in low spirits; the Pennsylvania Liquor Control Board (PLCB) announced this week it would begin rationing a list of popular liquor labels. Due to sustained supply chain disruptions and product shortages, purchase limits of …