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New merchandise orders in decline. Emergency borrowing is skyrocketing The bond market is properly f*cked Inflation isn’t slowing down, and the Fed isn’t lowering interest rates this year. The difference between monthly mortgage payments and rents hasn't been this big since 2006, around the peak of the housing bubble that led to the Great Financial … Read more
🇩🇪 Largest strike in decades brings Germany to a standstill Airports and bus and train stations across Germany were at a standstill on Monday morning, causing disruption for millions at the start of the working week during one of the largest walkouts in https://t.co/SAEuQ9hMSU… pic.twitter.com/5rp1V6a6mj — PiQ (@PiQMarkets) March 27, 2023 The largest strike in … Read more
Sean absolutely nails it.pic.twitter.com/b2VWwNrVbg — James Melville 🚜 (@JamesMelville) March 26, 2023
Russia’s diplomatic links to Europe continue to collapse at a moment nuclear rhetoric is increasing and growing more dangerous. Simple communication among governments also continues to grow worse, making conflict de-escalation among major powers all the more difficult. Germany has claimed that the presence of Russian intelligence agents and officials in Berlin has greatly increased … Read more
Well, at least he meets the diversity quota. Biden Nominee for FAA Chief goes 0-for-7 on Aviation Policy Quiz by Senator Ted Budd. Yes, 0 for 7. The nominee withdrew last night. Victory.pic.twitter.com/ORoo11cHpo — Citizen Free Press (@CitizenFreePres) March 27, 2023 h/t John Dutton
The dozen-or-so “atmospheric rivers,” also known as rain storms, that have hit California this winter so far have provided a much-needed reprieve from the persistent drought conditions that have plagued the state for many years. There is a downside, though: many of the state’s crop farms are now underwater from all this excess moisture, which … Read more
There’s a bit of good news for those who had their money in Silicon Valley Bank. The bad news will hit the rest of us as we will pay the difference in losses from the deal brokered by the Federal Deposit Insurance Corporation (FDIC). According to Fox Business [emphasis added]: On Sunday, the Federal Deposit Insurance … Read more
by okie1 I wanted to wait for some more data to come in before making this, but it suffices to say that rumors of the fed pivot on social media are greatly exaggerated. Charts of the fed’s balance sheet have been circulating that look something like this, and people have been proclaiming the return of QE … Read more
Latex chemical spilled in Bucks County and got into the Delaware River, compromising the Philly water supply. Water is in short supply now. #news #Philadelphiawater #water #Philly #Pennsylvania #latex #BucksCounty #water #breakingnews #waterbottle pic.twitter.com/fBsc73VdyZ — ▪️ J.P ▪️ (@NYCryptoKing) March 27, 2023
⚡️#BREAKING “Israeli” national airline ElAl announced the suspension of flights from Tel Aviv until further notice — Reuters — Global News Monitor (@GlobalNewsMontr) March 27, 2023 ⚡️Reuters: The “Israeli” Bank Leumi says its branches have closed as part of the protest against the judicial amendments — Global News Monitor (@GlobalNewsMontr) March 27, 2023 ⚡️The state … Read more
David Sacks of the Allin podcast is advocating that commercial real estate holders in the city of San Francisco be bailed out because no one wants to rent the buildings any longer. He successfully helped petition the government to bail out depositors in Silicon Valley Bank, and now wants to extend welfare payments to high … Read more
The city of Los Angeles is starting a mansion tax for Home sales above $5 million, escalating above the price of 10 million. They are sending all of their productive people away, while allowing an eviction moratorium which was a Communist rug pull allowing thieves to NOT pay rent for 3 years. There is absolutely … Read more
by Michael A trillion dollars is a lot of money. If you stacked a billion dollar bills on top of one another, the pile would be 67.9 miles high, but if you stacked a trillion dollar bills on top of one another the pile would be 67,866 miles high. And if you lined up a … Read more
It’s not been a great week for the George Soros-backed leftist district attorney of Manhattan, Alvin Bragg. After news broke last week that the grand jury he convened to investigate Donald Trump for an alleged improper “hush money” payment to adult film star Stormy Daniels ahead of the 2016 election, the former president got out … Read more
After climbing the scaffolding, the DC metro cop continues to encourage people to move closer to the Captiol. "Keep going" @julie_kelly2 pic.twitter.com/Suq9yQJwZD — 3sidedstory 🇺🇲 (@3sidedstory) March 25, 2023 AC
Ricardo Valdez Ponce left his house late Friday night in his hometown of Matamoros, Tamaulipas to board a bus for the 15-hour journey to Mexico City in order to take part, the next day, in the mass demonstration called by President Andrés Manuel López Obrador, known widely as “AMLO,” in defense of Mexican national sovereignty. … Read more
by confoundedinterest17 Janet, are you kidding? As The Fed attempts to fight inflation, rates are rising. Consequently, deposits are all commercial banks are falling. The Fed just released its weekly commercial bank data dump showing deposit inflows/outflows. Two things to note: 1) This is for the week up to 3/15/23 (which includes the SVB collapse but … Read more
Did you know there are asbestos cement pipes underground across Canada? I didn’t until I started researching this story. I actually had no idea what asbestos cement pipes were. All I knew was that asbestos fibres can be deadly, especially if inhaled. So it was to my surprise when I learned that these pipes, installed … Read more
Kari Lake: The Biden administration has been caught flying illegal immigrants from the Canadian border to the southern border. They are deliberately moving migrants closer to red states. The Democrats know “Demographics are destiny.” They’re making sure of it. The Biden administration has been caught flying illegal immigrants from the Canadian border to the southern … Read more