Breaking news, updates, and reports on current events.
by scott_jr Buffett makes some good points: “They don’t reproduce, they can’t mail you a check, they can’t do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person’s got the problem.” He adds that it’s a very effective way of … Read more
A decent, safe, and affordable home is something all Americans need to thrive. For decades, low-income families have struggled to have access to affordable rental homes, but now this is a huge problem for the middle class, too. Millions of middle-income earners can’t afford rent in major U.S. cities due to the steep rise in … Read more
by DixieStacking
by Chris Black The number of Americans who consider patriotism, religion, and other key “American values” important has fallen since the late 1990s and plummeted in the last four years, if a new Wall Street Journal poll is to be believed. Published on Monday, the poll found that the percentage of Americans who say that … Read more
by Chris Black How can this US administration fail in every single thing? This is the end of the American hegemony. 🚨China and France complete first Yuan-settled LNG trade, signaling the end of using the US Dollar for these energy trades. pic.twitter.com/nP8GmHqeGC — Wall Street Mav (@WallStreetMav) March 29, 2023 This was made possible by … Read more
by Chris Black You vil eat ze bugz and drive your EV to work and back. No more. BUT. Luxury car makers like Bugatti, Lamborghini etc. will still be allowed to sell ICE (internal combustion cars) after 2035. Peasants will have to invest in an electric cuck mobile. The market will be mostly occupied by … Read more
An Explosion at a Natural Gas Pipeline in the Sverdlovsk Region of Central Russia has caused multiple Fires to break out; the Ministry of Emergency Situations has dispatched Fire and Emergency Crews to the Site. pic.twitter.com/n0OPCDQ12R — OSINTdefender (@sentdefender) March 29, 2023 Explosion and fire at the gas pipeline in the north of Sverdlovsk Oblast, … Read more
The end of cash is near. They are trying to go all digital, and then bring in the Central Bank Digital Currency (CBDC) to be programable so they can control how you spend your money. Eventually they will be able to make your CBDC money expire or disallow certain products. pic.twitter.com/8O27nn4iYe — Wall Street Mav … Read more
US Banks are seeing the largest drop in bank deposits since the Great Financial Crisis pic.twitter.com/l5OVEBKUXA — Cheddar Flow (@CheddarFlow) March 29, 2023 A 'Second Wave' Of Deposit Outflows Is Coming For The Banking Sector In a new note today, Barclays strategist Joe Abate says the panic "SVB" wave is over. Now comes Part II … Read more
by Chris Black The banking industry enjoys unparalleled government subsidies, special privileges, and bailouts, making it exempt from free market principles. The Federal Reserve’s manipulation of interest rates is just one example of the extensive central control present in the financial sector. The largest banks are granted explicit protection from the US taxpayer as Systemically … Read more
Take a look at the amount of neighbors volunteer to help out. It has to start somewhere. Communities must come together, look out for each other. Return to the village mindset. Most people are good, and united are strong and can defeat this terrible creep of societal decay and crime. Criminal behavior is arrested when … Read more
66-30: In a landmark move, the U.S. Senate has voted to repeal the 1991 and 2003 resolutions that authorized the beginning of the Gulf and Iraq Wars, respectively. pic.twitter.com/kt4q6fl93m — The Recount (@therecount) March 29, 2023 18 Republicans joined all Dems in voting to repeal Iraq War authorizations: Braun & Young (IN)Budd (NC)Cassidy (LA)Collins (ME)Cramer … Read more
via Washingtonpost: Passed last year with bipartisan support, the law was meant to revive US chipmaking capacity. Although America is a world leader in cutting-edge chip design, its share of global semiconductor manufacturing has declined from 37% in 1990 to about 12%. Given the importance of such chips to the economy and especially to national … Read more
Spy State Bill to ‘Ban Tik Tok’ Gets Bipartisan Push in Congress S. 686 https://www.congress.gov/bill/118th-congress/senate-bill/686/text Devil is in the detail. And shills like Josh Hawley supporting it. https://twitter.com/_/status/1640368745528041472 Why does Beijing love TikTok – because the CCP can use it to track your location. Your keystrokes. Your messages. Your contact list. Ban it now. pic.twitter.com/CJAPnaNPsT … Read more
https://t.co/RfeMjg5por — Charlie Kirk (@charliekirk11) March 29, 2023
by BoatSurfer600 This ship is heading for a iceberg 🚨 Getting out now before it it gets ugly ? pic.twitter.com/AJNNoACJAO — Wall Street Mav (@WallStreetMav) March 29, 2023 Billion dollar banks are trading like shitcoins pic.twitter.com/6Wc0DfUr5t — Financelot (@FinanceLancelot) March 29, 2023
by BoatSurfer600 The Nasdaq has been in a death cross for the longest period of time since 2008. Which means that the 50 day moving average is below the 200 day moving average. Given that bulls STILL haven’t capitulated, it’s extremely likely this death cross will last far longer than the last one Since the … Read more
NEW: CEO Greg Becker built Silicon Valley Bank into a $209 billion behemoth by courting the tech elite and lobbying for deregulation. But the same strategy that allowed the bank to grow rapidly also caused it to collapse. We dug into it with @ZachDCarter and @BigBlackJacobin. pic.twitter.com/LQZKWYUMuV — More Perfect Union (@MorePerfectUS) March 28, 2023
by BoatSurfer600 (Bloomberg) — Billionaire Andre Esteves, the co-founder and chairman of Brazil’s Banco BTG Pactual SA, said that “any junior analyst” from Latin America would have known how to manage the interest rate risk on Silicon Valley Bank’s balance sheet to avoid its collapse. Esteves, speaking at a BTG event in Santiago, Chile, said … Read more
Dedollarization of the world economy continues – China for the first time purchased liquefied natural gas for the yuan, 65 thousand tons of LNG were purchased from the UAE. And as ordered: for the first time in its history, the US Federal Reserve suffered an operating loss. 🇨🇳 Dedollarization of the world economy continues – … Read more