On Wire

A series of banking crises this month headlined by the failure of Silicon Valley Bank has forced analysts from multiple banks, including JPMorgan Chase, to rewrite their recession forecasts from scratch, as months of small victories against inflation and a relatively strong economy were potentially swept away in under two weeks. Even if the government and the private sector are able to successfully contain contagion from … Read more

I long for the old days when multi-billion dollar bank bailouts required a vote of elected officials. Seriously, do Americans realize Congress didn’t even vote on this? Too much authority has been ceded. At least Fed, FDIC, and Treasury gave us a courtesy Zoom call. 🤦‍♂️ — Thomas Massie (@RepThomasMassie) March 21, 2023 Remember, we … Read more

The US is going through a “textbook” financial crisis – and that means investors should expect sluggish returns for in the S&P 500 for a long time, according to billionaire investor Leon Cooperman. In an interview with Bloomberg on Monday, the Omega Advisors CEO pointed to recent market volatility stemming from the failure of Silicon … Read more

From a broad perspective, equities performed well on Monday. Much better than I would have expected to be honest, with the banking crisis anything but “fixed” and with an FOMC policy decision on the docket for tomorrow (Wednesday). As for the banking crisis, it seemed that sectors far from the epicenter of the crisis saw … Read more

The Crown corporation says it plans to remove the majority of refrigerators from stores across the province to reduce greenhouse gas emissions. Over the next 15 years, the 2,700 fridges in its fleet will drop to 918. 🤡🌎 pic.twitter.com/K2BEiFHQqp — Clown World ™ 🤡 (@ClownWorld) March 20, 2023 via montreal: The Société des alcools du Québec … Read more

by Chris Black Here’s another alleged event. We’ve always had deadly fungus or whatever. I’m sure this is totally real and a natural event or like, from a Chinese biowarfare lab or something. Whatever the case, it’s exactly on the level and everything it seems to be. We know that because we know the government … Read more

by Chris Black The US really does not seem to want to even think about how much this narrative of “US as satanic, terroristic world bully” resonates with the entire third world, most of the second, and a lot of the first.   RT: Although the entire world has known for years that the invasion … Read more

Source – FT The chaos engulfing crosstown rival Credit Suisse, which had become the basket case of European banking after three scandal-ridden years, was now in overdrive. A day earlier, a SFr50bn ($54bn) liquidity backstop from the Swiss central bank had failed to arrest a crisis of confidence in the lender, whose shares had plunged after … Read more

via Bloomberg: Sweden’s largest pension fund, Alecta, is facing losses of almost $2 billion as a result of a failed investment strategy that made it one of the biggest shareholders in two collapsed US banks and another that’s been caught up in the crisis. The scale of the losses has become clearer after the private … Read more

It was deliberate. When you have to keep saying “trust the science” to make people think you’re credible, believe the opposite. Never again will I trust. I will always question and or say no. — wakeywakey99 (@wakeywakeup99) March 21, 2023 🔥 Dr. John Littell Calls Out How Hospital Protocols Are Harming Patients in His Second … Read more

🧵THREAD: The Biden family may have committed over two dozen federal felonies in connection with the millions they made from China, specifically FARA violations and money laundering charges, that would put the Trump family or any ordinary citizen behind bars for decades. For… pic.twitter.com/dvY5k1ptRV — KanekoaTheGreat (@KanekoaTheGreat) March 21, 2023 Here's the free online reader … Read more

Xe/xem pronouns. We have a serious mental health crisis in this country pic.twitter.com/cBNfLa79eN — Libs of TikTok (@libsoftiktok) March 21, 2023 This non-binary teacher’s favorite part of the day was talking about non-binary with a student pic.twitter.com/2qDzUFz93H — Libs of TikTok (@libsoftiktok) March 20, 2023 For swimming competitions, all of the women should just refuse … Read more

In a paper posted to the arXiv preprint server, researchers from OpenAI and the University of Pennsylvania argued that 80 percent of the US workforce could have at least 10 percent of their tasks affected by the introduction of GPTs, the series of popular large language models made by OpenAI. They also found that around … Read more

For those not paying attention: Blackstone $70 billion REIT mostly holding commercial real estate debt paying low yields has halted redemptions going on 4 months now. Large investors tried to redeem, and Blackstone said "sorry, no". There is no buyer. This is 2008 again. — ZeroHedge (@govttrader) March 21, 2023 The US Govt says it … Read more

Recently, The Daily Caller published a bombshell story involving The Red Cross that should’ve gotten a lot more attention than it did. That’s why it was great to see respected filmmaker Dinesh D’Souza discussing the scandal on his podcast recently. So, it turns out that The Red Cross is actually helping illegals make their way into the … Read more