On Wire
Breaking news, updates, and reports on current events.
Klaus is literally out here setting up vending machines filled with crickets in Arizona
View post on imgur.com h/t BoatSurfer600
Money supply vs S&P500 return shows more downside to come in the coming period
“The US$80 trillion of “hidden” US dollar debt – related to foreign exchange swaps”. This is hilarious, poor bastards, trying to unwind this and at the same time keep the financial system intact FED Repo Operation is Exploding as the World Economy Craters h/t JPowsSecretlover
Triggers of the hyper inflation in Weimar Republic 100 years ago…
by silvertomars Inflation started to take off when velocity of money went from annual declines to sharp increases… ie inflation+output exceeded money supply… which has some similarity with the situation emerging today…
St Louis Fed: Negative SCI growth for more than 26 states. Recession official?
The economists will only call the recession a recession after the recession has ended. h/t shobhitd11
Ron DeSantis Inauguration Address: ‘We Reject This Woke Ideology . . . We Will Never Surrender to the Woke Mob’
In his inauguration address, Florida Gov. Ron DeSantis wowed the Republican faithful, invoking thoughts of former President Ronald Reagan, and checking off all the “Free State of Florida” boxes. Sounded very presidential, and considering how tight security was at the swearing-in, not to mention First Lady Casey DeSantis looking very Jackie-O-Esque, Gov. DeSantis’s speech and … Read more
Armstrong: Are the Immigrants Part of the Decline & Fall?
by Martin Armstrong The invasion of migrants, both in Europe and the United States, is evolving into a major crime wave not seen in decades. In Germany, Berlin looked like a war zone. There were 3,943 incidents, but when recuse workers arrived, they were deliberately attacked. Some 15 firefighters and 18 police officers were injured. … Read more
Rep. Matt Gaetz: McCarthy ‘Refused’ on ‘Term Limits,’ Balanced Budget, and ‘Border Plan’… Lauren Boebert Unloads on McCarthy … Conservative Revolt Against RINO Kevin McCarthy Poised to Spread to Others in GOP Establishment
via justthenews: Adecade in the making, the conservative-led revolt that thwarted Rep. Kevin McCarthy’s bid to be Speaker on three consecutive votes Tuesday isn’t likely to stop in the House as those eager to disrupt the GOP’s status quo also have set their sights on Republican Party chairwoman Ronna McDaniel and Senate Minority Leader Mitch McConnell. … Read more
Trump Calls for All Republicans to Back Establishment RINO Kevin McCarthy for Speaker
Former President Trump called on House Republicans to unite behind House GOP leader Kevin McCarthy (Calif.) for the Speakership, announcing early Wednesday that he is standing by McCarthy despite opposition from some hard-line members of the party. Trump said in a Truth Social post that “some really good conversations” were held Tuesday night, and all … Read more
The Best Thing That The House Could Do Would Be To Not Elect A Speaker At All
by Michael Kevin McCarthy’s bid for House Speaker is the biggest story in America right now. On Tuesday, he came up short in three rounds of voting, and this deeply shocked political pundits all over the country. This was the very first time since 1923 that a House Speaker has not been determined on the … Read more
Another Twitter Files Drop: How Twitter Let the Intelligence Community In
https://t.co/mz7AFonNSn August 2017, when Facebook decided to suspend 300 accounts with “suspected Russian origin,” Twitter wasn’t worried. Its leaders were sure they didn’t have a Russia problem. — Matt Taibbi (@mtaibbi) January 3, 2023 4.“KEEP THE FOCUS ON FB”: Twitter was so sure they had no Russia problem, execs agreed the best PR strategy was … Read more
The thought police come for Jordan Peterson
I have been accused of harming people (although none of the complainants involved in the current action were clients of mone, past or present, or en were even acquainted with any of my clients. — Dr Jordan B Peterson (@jordanbpeterson) January 3, 2023 About a dozen people from all over the world submitted complaints about … Read more
Truth About People Who Tell You Their Pronouns…
Must Listen !!!pic.twitter.com/oQh6IK88Qq — AvaArmstrong,🇺🇸 Author (@MsAvaArmstrong) January 2, 2023 Dan
Go woke, go broke…
h/t BoatSurfer600
Will 2023 be the year the BRICS expansion goes ahead?
by silvertomars What will the implications be for the dollar if they implement their own commodities backed currency for trade…? most of the BRICS countries are large exporters of commodities…
AAPL’s drop today means there are no longer any companies in the world with a $2t market cap
Soon there will be no with a 1T as well. h/t BoatSurfer600
Federal bank regulatory agencies today issued a statement highlighting key risks for banking organizations associated with crypto-assets and the crypto-asset sector and describing the agencies’ approaches to supervision in this area.
Source: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230103a1.pdf Federal bank regulatory agencies today issued a statement highlighting key risks for banking organizations associated with crypto-assets and the crypto-asset sector and describing the agencies’ approaches to supervision in this area. In particular, the statement describes several key risks associated with crypto-assets and the crypto-asset sector, as demonstrated by the significant volatility and vulnerabilities … Read more