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https://twitter.com/leadlagreport/status/1623030861141577742 The default cycle has begun. Several large land bankers in Vancouver have filed for bankruptcy, unable to refinance their loans now that the music has stopped. — Ben Rickert (@Ben__Rickert) February 7, 2023 The average home is STILL selling for almost 10x the average income! Home prices can remain expensive for 2-3 years, but … Read more
People really need to start thinking about how they’ll navigate governments having CBDCs. If you think you’ll be able to simply unplug from the system by using bitcoin or gold/silver, and maintain your current standard of living, you haven’t thought this through completely. — George Gammon (@GeorgeGammon) February 7, 2023
by Dismal-Jellyfish ‘In January, Manheim Market Report (MMR) values saw price increases that were not typical.’ Remember, falling used vehicle retail prices exerted big downward pressure on “core CPI”. This must make JPow nervous… I want to call out the highlighted section: The average daily sales conversion rate increased to 59.4% and was above normal … Read more
WASHINGTON (Reuters) -Boeing Co expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the U.S. planemaker confirmed Monday. Last month, the Arlington, Virginia-based company announced it would hire 10,000 workers in 2023 after hiring 15,000 people in 2022, but said some support positions … Read more
The outrage is buried in the undereducated media fed masses. h/t TheHiveminder
by Chris Black The Grammys aren’t even trying to hide it anymore. https://twitter.com/wolsned/status/1622492725315616768 Does anyone watch these ridiculous awards shows where these perverts and lunatics give themselves awards for their lack of talent? I haven’t heard anyone talk about these ridiculous shows in many years, I don’t think anyone cares about them or watches them. … Read more
by Chris Black You can thank Maynard James Keenan for popularizing that Bill Hicks bit—possibly the worst bit in Bill’s mostly-funny repertoire—if it were really true that drugs make you “more creative,” then every burnout loser I’ve ever met would be going RIAA platinum, but unfortunately for them it’s not true at all. “Drugs spark … Read more
artificial sweetners video games cold showers being sarcastic watching Avatar 2 turning your head too fast playing pickle ball h/t TheHiveminder
I thought it was Russian disinformation! h/t LegoCMFanatic
Not looking good. The U.S. military has notified Congress that China now has more land-based intercontinental-range missile launchers than the U.S., fueling the debate about how Washington should respond to Beijing’s nuclear buildup. https://www.wsj.com/articles/china-has-more-icbm-launchers-than-u-s-american-military-reports-11675779463
by Simon Black “Irresponsible.” That’s the word that some politicians in the United States Congress have been using this week to describe their opponents’ demands to balance the federal budget. Just imagine what that says about the state of US public finances: that even the mere thought of having a balanced budget… of living within your … Read more
by Chris Black The TLDR is that the overlords don’t want the peasants seeing their finances anymore – time to hide all of it: >The Rothschild family is planning to take Rothschild & Co, its namesake financial services group and one of the globe’s most prestigious investment banks, private, the family’s holding company, Concordia, announced … Read more
by Chris Black >Massive riot and protest in China 2 months ago >Turns out many of the rioters had extensive connection to glowies >The Chinese government investigates these people, interrogate them, and find extensive glowie network that connects all the way to cosmopolitan liberal celebrities in China >Many are now beginning to be purged and … Read more
by Michael According to Joe Biden and the pundits in the mainstream media, the U.S. economy is in great shape and much better times are just around the corner. In fact, CNN is actually scolding those of us that are warning that economic conditions are rapidly deteriorating. A CNN article entitled “It’s time to chill with … Read more
https://twitter.com/Aristos_Revenge/status/1622841990638407680 https://twitter.com/Aristos_Revenge/status/1622843355808821248 https://twitter.com/Aristos_Revenge/status/1622849294884634628 https://twitter.com/Aristos_Revenge/status/1622850143929221120 https://twitter.com/Aristos_Revenge/status/1622854435088003073 https://twitter.com/Aristos_Revenge/status/1622856366477000704 https://twitter.com/Aristos_Revenge/status/1622856882720309248 https://twitter.com/Aristos_Revenge/status/1622858040159399936 https://twitter.com/Aristos_Revenge/status/1622861884780158976 https://twitter.com/Aristos_Revenge/status/1622865343206068224
by confoundedinterest17 After Jerome Powell raved about the strong US labor market and oddly ignored the staggering crowding-out of US interest payments on its massive debt, the US Treasury’s 3-year debt auction was … a Hinderburg moment. First, the high yield at today’s auction of 3-year Treasury notes was 4.073%. This occured as the allotment to … Read more
Migrants are leaving New York City and heading north into Canada on taxpayer-funded buses, according to a new report from the New York Post. The Big Apple is the center of the migrant crisis on the East Coast after thousands of illegal immigrants have flooded the city, with some living in ritzy, taxpayer-funded hotel rooms. … Read more
by Dismal-Jellyfish Source: https://www.financialresearch.gov/the-ofr-blog/2023/02/07/ofr-identifies-three-ways-defi-growth-could-threaten-financial-stability Risk Spotlight: OFR Identifies Three Ways DeFi Growth Could Threaten Financial Stability BY Kevin Zhao Published: February 7, 2023 Views and opinions expressed are those of the authors and do not necessarily represent official positions or policy of the OFR or Treasury. If decentralized finance (DeFi) continues to grow in size and scope, … Read more
Trans Lives Matter stormed and occupied the Oklahoma capital today https://t.co/iKd0D1wFz1 — Jack Posobiec (@JackPosobiec) February 7, 2023 Oklahoma Wants to Ban All Gender-Affirming Care h/t A Deplorable Neanderthal
