On Wire

Breaking news, updates, and reports on current events.

Americans Personal Savings Has DroppedTo 3.2%. You Think Inflation Is Bad Now? Wait Until Next Year!

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Via SchiffGold.com, Peter Schiff recently appeared on Real America with Dan Ball to talk about the economy, energy prices, and inflation. Peter said if you think inflation was bad this year, wait until next year with a much weaker dollar. Dan set the interview up with a list of tech firms set to lay off employees. He … Read more

Walmart CEO readies mass store closures!

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CNBC: Rising thefts at Walmart could lead to price jumps, store closures, CEO says Walmart stores across the U.S. are grappling with an uptick in shoplifting that could lead to higher prices and closed stores if the problem persists, Walmart CEO Doug McMillon said Tuesday. “Theft is an issue. It’s higher than what it has historically … Read more

REVEALED! How Twitter Colluded With Government To Censor Political Opponents

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Journalist Matt Taibbi was recently tapped by Elon Musk to examine and report on the internal deliberations at Twitter over censoring the Hunter Biden laptop story. In a Twitter thread Taibbi detailed how powerful individuals sought to – and did – get individuals banned from the site and how company executives fumbled their way through … Read more

Ethan Klein Threatens to Do Mock Crucifixion of Christ for Christmas

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by Chris Black The YE24 campaign already has Trump 2016 vibes. I mean, look at all these crazies going full retard: https://twitter.com/TheRalphRetort/status/1599895849911582720 What do you think would happen if Nick Fuentes said he was going to stage a mock Holocaust for Hanukkah? Needless to say, Klein will not be stripped of $2 billion for saying … Read more

Alex Jones Shows His True Colors

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by Chris Black Disappointing but not surprising to see Jones attacking Ye and Fuentes like this.  Calls Fuentes a “Nazi lover” and him and Ye “Hitler fetishists”.  I don’t think Fuentes himself even talked about the Nazis or Hitler on that interview so this is just Jones throwing him under the bus to try and … Read more

The Bubble Economy’s Credit-Asset Death Spiral

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by Charles Hugh-Smith Who believed that central banks’ financial perpetual motion machine was anything more than trickery designed to generate phantom wealth? Central banks seem to have perfected the ideal financial perpetual motion machine: as credit expands, money pours into risk assets, which shoot higher under the pressure of expanding demand for assets that yield either hefty returns (junk bonds) … Read more

Chinese Ownership Of Lithium Mine In U.S. Raises Concerns; State Rep Upset That U.S. Ceding Market

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The push for renewable energy is ramping up demand for minerals, many of which China controls, and the Wyoming mining industry wants to get in on the action. Eager to secure a domestic supply of critical minerals for solar panels, wind turbines and electric vehicles, the federal government is providing loans to companies to help … Read more