On Wire

Breaking news, updates, and reports on current events.

When have we ever seen this much volatility in the S&P 500 at (near) an all time high? Back in March 2000 when the Tech bubble was already imploding. Kind of like now.

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#recession … #Tech #Bubble 2.0 edition#Lucid #ElectricVehicles https://t.co/INwdhDoZ0d — Invariant Perspective (@InvariantPersp1) December 8, 2021 Multiple pandemic-related hype stocks have already returned to May 2020 levels. Who’s next? BofA Says S&P 500 Real Earnings Yield is Lowest Since Harry Truman Was President The real earnings yield on U.S. stocks hasn’t been so low since Harry … Read more

There is a growing and consistent case for global ‘growth scare’… Inflation soaring… Fed is not far from hiking rates…

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There is a growing and consistent case for global 'growth scare' even beginning w/US trade in goods. Supposed to be booming, but masked by money illusion.https://t.co/BiRN8UlQMA — Jeffrey P. Snider (@JeffSnider_EDU) December 8, 2021   Fed May Not Get Very Far Into Hiking Cycle: HSBC’s Major “I’ll believe each hike when I see it,” HSBC’s … Read more

Elon Musk Points Out the Problems of Having No Children

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Going against popular leftist, liberal opinion, Musk points out the problem of not having children. https://bigleaguepolitics.com/elon-musk-warns-that-civilization-is-going-to-crumble-if-the-developed-world-doesnt-have-more-children/ Below is very related video from 2009 which discusses how this will swing in favor of Muslims…and they are not wrong. Timelines may be slightly off and need to be moved out, but what better way to compare future … Read more

Fox News Christmas Tree On Fire

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New York City first responders extinguished a huge Christmas tree fire outside the Fox News building in midtown Manhattan early Wednesday. Videos posted by witnesses to the Citizen App show thick clouds of black smoke coming from the tree after police say someone allegedly lit the tree located on West 48th Street and 6th Avenue … Read more

DEATH CULT: With Roe v. Wade in jeopardy, California makes plans to become abortion sanctuary; may pay for out-of-state women’s procedures

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ZERO LUBE for the taxpayers of California. Population must be a climate related issue… ‘We can’t have our supply pipeline of baby parts interrupted’ California clinics, elected allies unveil plan for state to be abortion sanctuary if Roe overturned https://abc7.com/california-abortion-sanctuary-roe/11312020/ SACRAMENTO, Calif. — With more than two dozen states poised to ban abortion if the … Read more

Los Angeles has turned into ‘The Purge,’ detective warns tourists to stay clear of the city, saying that they will be unsafe

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A Los Angeles police detective is warning tourists to stay clear of the city, saying that they will be unsafe, and comparing conditions to the horror movie ‘The Purge.’ “We’re telling people don’t visit because we don’t think we can keep you safe right now,” Los Angeles Police Department detective Jamie McBride told Fox News on … Read more

Merkel OUT!

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But the new guy seems to be carrying on the tyranny. https://www.breitbart.com/europe/2021/12/08/olaf-scholz-elected-chancellor-of-germany-ending-16-years-of-merkel/   New German Chancellor Will Push for Mandatory Vaccinations for All https://t.co/4m9EqdeaZX — Breitbart London (@BreitbartLondon) December 1, 2021   h/t Bloody Peasant!

Can Any Nation-State Survive the Era of Inequality and Scarcity?

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by Charles Hugh-Smith We have an extraordinary opportunity to transform our unsustainable “waste is growth” economy and toxic inequality to sustainable systems that optimize well-being rather than collapse. The possibility that the United States could fragment is no longer a marginalized topic. Maps displaying various post-U.S. regional configurations accompany essays exploring how and why a break-up … Read more

Biden White House In Panic-Mode Over The Economy

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Small business confidence is back near an all-time low, according to the CNBC|Momentive Small Business Survey for Q4 2021. The small business demographic skews conservative and Republican respondent views of a Democratic president and economy are expected to be low, but independents are the primary reason for the decline, with support for President Biden slipping … Read more

California Is Addicted To Oil From The Amazon

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By Irina Slav California is by far the most ambitious U.S. state when it comes to things like emission standards, EV sales, and renewable energy. California is shutting down its nuclear power plants to double down on wind and solar. It is also importing more oil from the Amazon rainforest than any country in the world. … Read more

[Contagion] Fitch downgrades Aoyuan Group from CCC- to C. Reason: “a default or default-like process has begun.”

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by laflammaster Tue 07 Dec, 2021 – 2:08 AM ET Fitch Ratings – Hong Kong – 07 Dec 2021: Fitch Ratings has downgraded China Aoyuan Group Limited’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘C’, from ‘CCC-‘. Fitch has also downgraded the senior unsecured rating and the ratings on the outstanding US-dollar senior unsecured notes … Read more

‘Corrupt Piece of Sh*t’: Rittenhouse Prosecutor Gets Bad News

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Kyle Rittenhouse has big plans for his future. During an interview with Blaze TV’s “You Are Here,” Rittenhouse spoke about his plans going forward after he was acquitted of all charges related to the Kenosha shootings. Rittenhouse did not mince his words when discussing Kenosha County prosecutor Thomas Binger, saying his experience in court changed … Read more