On Wire

Breaking news, updates, and reports on current events.

“What we know is that the yield curve inversion preceded each of the last 11 recessions, and that alone is strong evidence of correlation.” The U.S. yield curve inverted in December. There’s a recession or worse on the horizon.

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via forbes: There’s a lot of chatter about the inversion of the yield curve and how it’s an indicator of an impending recession. To better understand, let’s take a look at both the history, and the current situation. Remember that a recession is generally defined as two consecutive quarters of negative GDP growth. It’s a … Read more

Drunk shopping is a $45 billion industry

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People who work in sports, transportation, and energy appear most likely to splurge while inebriated. What are they buying? Clothes, shoes, movies and electronic devices top the list. Drunk shoppers are using Amazon to shop almost exclusively. A whopping 85 percent of drunk shoppers made their mistakes with Amazon. https://www.kron4.com/news/bay-area/survey-drunk-shopping-is-a-45-billion-industry/1884646653?fbclid=IwAR36j3fKTzNOEz_aswFPzaAhU8KPw81sL0AAuU1o3aIxx_SjJr1ZVQUn19Q  

Illegals overwhelm Texas cities… ‘Never seen anything like this’… Spring surge shocks system… U.S. ending aid to El Salvador, Guatemala, Honduras over migrants

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‘We’ve never seen anything like this’: As Trump threatens to close border, migrants overwhelm Texas cities Border Patrol agents expect to see more than 100,000 apprehensions and encounters with migrants in March, the highest monthly total in over a decade. Vast majority of those crossing between ports of entry turn themselves into Border Patrol agents, … Read more

Zuckerberg Calls For Tighter Internet Regulations… ‘We Need More Active Role For Governments’

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FACEBOOK CLAMP Facebook CEO Mark Zuckerberg admits the social networking site should be regulated after Christchurch mosque terror attack The firm’s founder and chief executive said there is a need for government and regulators to have ‘a more active role’ FACEBOOK boss Mark Zuckerberg has sensationally admitted the site should be regulated. The social networks billionaire … Read more

Warlord Bankers and the Federal Reserve

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Follow our banking series as we take you step by step how easy it is to close the Federal Reserve. We are building an interactive e-book and this is the first lesson. Click here to see the entire lesson: https://truthbits.blog/2019/03/30/war…  

What the Heck’s Going on in China’s Video-Game Market, the Largest in the World?

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The Dragon in the Game Room. By Adam H. Williams, Senior Associate at E911-LBS, LBSglobe.com, for WOLF STREET: The opening of mainland China’s video game market to the world, combined with the rapid adoption of smartphones in China, has helped drive the extraordinary rise in global video game sales of the last decade. China’s gaming-industry revenue soared tenfold from 2008 … Read more

It’s The New Shimmer Of The American Left

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“The Southern Poverty Law Center Is Both a Terrible Place to Work and a Place That Does Terrible Work,” Robby Soave writes at Reason. Speaking of which, “Mississippi man pleads guilty in ‘Vote Trump’ church arson,” CBS-affiliate WREG reported yesterday: A member of a black church in Mississippi has pleaded guilty to burning the church, which … Read more

Constitutional Carry Ohio: House Bill 174

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https://fox8.com/2019/03/28/bill-in-ohio-would-allow-residents-to-carry-concealed-weapon-without-a-permit/ “COLUMBUS, Ohio — A proposed bill in the Ohio House of Representatives would make changes to the state’s concealed carry laws. If passed, the bill would allow law-abiding people in Ohio, 21 and over, to carry a concealed weapon without getting a permit.” https://www.facebook.com/53828014368/posts/10157616261199369/ “10TV – WBNS” Here’s the bill: https://www.legislature.ohio.gov/legislation/legislation-summary?id=GA133-HB-174   “allowing a … Read more

Doug Casey: Why Socialism Is a Moral Failing

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Via Casey Research Justin’s note: America can’t stop talking about Alexandria Ocasio-Cortez (AOC). AOC, if you haven’t heard, is a 29-year-old Democratic socialist. Earlier this year, she became the youngest woman ever elected to Congress. Today, we turn to our founder Doug Casey for his thoughts on AOC and her policies. But Doug gets into much … Read more

NBC and MSNBC bullies a politico reporter on behalf of none other than DNC. He is fed up and throws her under the bus…

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All of the tweets unraveled here: Yesterday, I received a call from @DafnaLinzer who serves as managing editor of NBC/MSNBC politics. Dafna’s conduct during the call was highly inappropriate and unethical. So what was the purpose of her call? She called me to bully me on behalf of the DNC. Dafna, who oversees the political coverage for … Read more

Auto industry death spiral?

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via Money: Drivers in the United States railing against the wild driving habits of teenagers may have to find another target for their road rage after the release of a new survey indicating that over the last three decades a smaller proportion of young Americans has been getting drivers’ licenses. Researchers Michael Sivak and Brandon Schoettle from … Read more