On Wire

Breaking news, updates, and reports on current events.

Federal Reserve Alert! Fed releases Financial Stability Report, their framework for assessing the resilience of the U.S. financial system and presents the Board’s current assessment. They see as vulnerabilities: Asset valuations, Borrowing by business and households, Leverage, and Funding Risks.

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Source: https://www.federalreserve.gov/publications/files/financial-stability-report-20221104.pdf Against this backdrop, our view of the current level of vulnerabilities is as follows: Asset valuations. Higher interest rates and a weaker outlook for the economy led prices of financial assets to fall amid heightened volatility, but real estate prices remained elevated. Measures of equity prices relative to expected earnings declined. Risk premiums in equity and … Read more

Rishi Sunak wants to implement a UK digital currency and Russell Brand Explains why CBDC is another way for governments to control their citizens.

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Russell Brand dropping redpills pic.twitter.com/cUM1XR9kNi — Citizen Free Press (@CitizenFreePres) November 4, 2022 Will Sunak along with other countries be successful in implementing these currencies? Will the citizens of these countries wake up to the tyranny these currencies represent? h/t scalesfell

Elon Musk Agrees With Tweet Saying: “Left have countless billions, government entities, media and NGO’s focused like a laser on ensuring Big Tech and government suppress and censor on-line speech. Conservatives have a few social media accounts and a handful of groups fighting for on-line free speech…”

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That assessment is more accurate than most people realize — Elon Musk (@elonmusk) November 4, 2022 Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists. Extremely messed up! They’re trying to destroy … Read more

Tiffany Cross, Accused of Anti-White Bigotry, Out at MSNBC

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Tiffany Cross, the MSNBC weekend host who was known for running a freewheeling commentary program, is leaving the NBCUniversal-owned cable-news outlet. Her production staff was informed of the decision Friday morning, according to three people familiar with the matter. MSNBC declined to make executives available for comment, and Cross could not be reached for immediate … Read more

The Truth About the Federal Reserve

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by Chris Black The Federal Reserve Act of 1913 says it will back each Federal Reserve Note in circulation with forty cents of gold. They don’t do this. The Federal Reserve Act of 1913 says that bankers are to be held personally responsible if they fail. They are not. The Federal Reserve Act of 1913 … Read more

UK food prices soar by fastest rate on record as cost of living crisis bites

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This isn’t a “cost of living crisis” – it’s a “cost of oligarchy crisis.” https://www.theguardian.com/business/2022/nov/02/uk-food-prices-soar-by-fastest-rate-on-record-as-cost-of-living-crisis-bites Annual rise of 11.6% comes as milk, teabags and sugar become more expensive UK food price inflation soared to a record annual rate of 11.6% in October as staples such as teabags, milk and sugar became more expensive along with … Read more

Some of you poors will freeze to death this winter, but that’s a sacrifice your oligarch overlords are prepared to make.

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Britain’s cost of living crisis laid bare: Warning pensioner who heats entire house with a single-bar fire and can only afford to eat toast will freeze to death this winter – as handyman rallies colleagues to help A Merseyside pensioner who has just a small electric heater to warm her dilapidated home and only has … Read more

Gerald Celente: Interest Rate Debacle, Get Ready For The Dive

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Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology … Read more

South Korea scrambles 80 jets to the Norths 180.

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SEOUL, Nov. 4 (Yonhap) — South Korea scrambled dozens of stealth fighter jets and other warplanes Friday after detecting more than 180 North Korean military aircraft activities in various locations via radar, Seoul’s defense authorities said. https://m-en.yna.co.kr/view/AEN20221104009400325

ROCKET PANIC Chaos as Spanish airports SHUT DOWN over fears out-of-control 21-ton Chinese rocket plummeting to Earth may smash plane

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AIRPORTS across Spain were shut down on Friday and hundreds of flights grounded or delayed over fears of an incoming debris from a Chinese rocket re-entering Earth. The Spanish Air Force was scrambled while European space authorities and Spanish air traffic controllers monitored the 21-ton space junk’s trajectory as it passed over the country. https://www.the-sun.com/news/6599470/spain-closes-airports-chinese-rocket-out-of-control-2/ … Read more

When a billionaire that made his money on the stock market says something like this people just might listen

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Hedge Fund Billionaire: World ‘plunging towards societal collapse’ as era of cheap money ends The global economy is on the path to hyperinflation and risks societal collapse if soaring prices are not brought under control, one of the world’s biggest hedge funds has warned. Elliott Management, the hedge fund founded by Wall Street billionaire Paul … Read more

What Is This Place, Seriously?

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by Matrix Doctor I am an empathetic person most of the time, as I’m sure many of you are here too. I can feel people’s emotions, and sometimes it really sucks because these days lots of us are truly suffering the young, the old, and even Democrats. Notice how I’m all-inclusive here. I volunteer at an … Read more