On Wire

Breaking news, updates, and reports on current events.

These governments are absolutely clueless …

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by BoatSurfer600 They are literally trying their best to lose this economic war with the East.   via brusselstimes A planned ban on all new combustion engine vehicles in 2035 has formally been approved by representatives of the 27 EU Member States on Monday, with Germany lifting its veto in exchange for exemptions regarding synthetic fuels. … Read more

Mark of the Beast incoming. JP Morgan to roll out invasive facial recognition point-of-sale biometric payment plan, following Amazon, etc.

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The one-world beast system is roaring into reality, but is anyone listening? By Leo Hohmann JP Morgan becomes the latest to roll out invasive point-of-sale biometric payment plan, following Visa, MasterCard and Amazon. While Americans get increasingly hypnotized by 2024 election coverage, where all they’re hearing about is the theatrics surrounding Donald Trump, the globalists … Read more

Elon Musk: “Starting April 15th, only verified accounts will be eligible to be in For You recommendations….Voting in polls will require verification for same reason.”

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Starting April 15th, only verified accounts will be eligible to be in For You recommendations. The is the only realistic way to address advanced AI bot swarms taking over. It is otherwise a hopeless losing battle. Voting in polls will require verification for same reason. — Elon Musk (@elonmusk) March 27, 2023 Twitter gonna become … Read more

Alleged Leaked Text Messages from the Nashville Trans Shooter of Children Shortly Before the Shooting Took Place – Breaking911 Confirms

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View post on imgur.com View post on imgur.com UPDATE: Audrey "Aiden" Hale messaged a friend from middle school on Instagram minutes before the deadly rampage at The Covenant School in Nashville – WTVFhttps://t.co/zUAX9VqwRg pic.twitter.com/IJ34bm0vPu — Breaking911 (@Breaking911) March 28, 2023 h/t dr0id

4.7 TRILLION IN NEW TAXES

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by Chris Black Enjoy the start of the work week. Q: Isn’t it a fact that the president’s proposed budget proposes $4.7 trillion in new taxes? Sec. Yellen: It does propose significant additional taxes, yes. Q: $4.7 TRILLION? Sec. Yellen: Something like that, yes. pic.twitter.com/ncL1CAImlD — John Kennedy (@SenJohnKennedy) March 23, 2023 The Federal Reserve … Read more

Another Scientist Debunks the “Wind Power” Myth

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by Chris Black When you ask how much it costs to build, install, and maintain wind and solar, compared to how much energy they produce over their useful life, the greens will not answer that question. They’ll claim the cost doesn’t matter because reducing carbon dioxide is far more important. Eminent Oxford Scientist Says Wind … Read more

Elon: “That’s what people who have the woke mind virus look like to me”

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A brilliantly gross image of a fly infected by the endoparasitoid fungus cordyceps. The fungus keeps the host alive as long as possible and directs the animal to climb to a prominent exposed perch where spores are released [📷 Faiz Bustamente: https://t.co/EDHxxrxHb5] pic.twitter.com/eI1ktjznpv — Massimo (@Rainmaker1973) March 27, 2023 That’s what people who have the … Read more

”The Fed’s loans to banks will only increase inflation further and they permanently ruined their balance sheet”

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by Ayy_boi3 No, and here’s why: The Fed Discount Window gives out loans to banks in need. Recently banks have taken out huge amounts of loans from here to prepare for any continuation in panic outflows that have arisen from the SVB and Signature Bank debacles. The amount of money banks take out as a … Read more

Bond Traders Go All-In on US Recession Bets…

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via YAHOO: Bond investors are piling into wagers that a US recession is around the corner amid a growing dissonance between how markets and the Federal Reserve see the outlook for the economy. “Inflation is still high, but the bond market is saying we are heading into a major slowdown,” said Kenneth Taubes, chief investment … Read more

Banking Crisis: US Banks Borrow $475B While Small Banks Lose Over $500B

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U.S. banks borrowed $475 billion last week, but look at the breakdown: – Large Banks: +$250B– Small Banks: +$250B– Foreign-Related Banks: +$25B Small banks borrowed the same amount as large banks. Relative to their size small banks borrowed TWICE as much as large banks. 2/7 pic.twitter.com/m3gfdwHs64 — The Kobeissi Letter (@KobeissiLetter) March 25, 2023 New … Read more

Credit spreads have room for increase

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High bond volatility amidst banking crisis suggests that corporate credit spreads remain too tight and may widen significantly in line with the MOVE Index movement. What are your thoughts on this? High #bond #volatility amidst banking crisis suggests that corporate #credit #spreads remain too tight and may widen significantly in line with the #MOVE Index … Read more

If you look at Deutsche Bank’s balance sheet things look pretty similar to Credit Suisse before failure

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by Pengufen Deutsche Bank balance sheet: https://investor-relations.db.com/files/documents/annual-reports/2023/Annual-Financial-Statements-of-Deutsche-Bank-AG-2022.pdf Credit Suisse balance sheet: https://www.credit-suisse.com/about-us/en/reports-research/annual-reports.html (2022 Consolidated financial statement) Most of their assets are illiquid and their reserve and cash on hand balance has shrunk by about 50% from a year ago. The same thing happened to credit suisse. They have about 69 billion euros on reserve and this month have to … Read more