On Wire

Breaking news, updates, and reports on current events.

12 Reasons Why It Is Impossible For Any Rational Person To Be Optimistic About The U.S. Economy At This Point

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by Michael Things haven’t looked this bad for the U.S. economy since 2008.  We are in the midst of the worst inflation crisis in decades, the housing market has started to collapse, some of the largest companies in America have begun laying off workers, and economic activity is slowing down all around us.  Of course Joe … Read more

BofA: central banks are “petrified of market consequences of liquidity withdrawal,” BofA said.

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A Fed shift away from quantitative tightening could be the next bull factor for stocks in 2023, according to Bank of America. The Fed has started to reduce its near $9 trillion balance sheet at a clip of about $95 billion per month. But central banks are “petrified of market consequences of liquidity withdrawal,” BofA … Read more

Am I taking crazy pills or can the banks now pull financing for the TWTR deal and sink the whole thing?

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by alsocolor I’ll keep it simple for you regards: It says right at the end of the TWTR financing deal in purest blackest ink that if the deal doesn’t close by Oct 20th, the banks can walk away from the deal. For those that can read: https://www.sec.gov/Archives/edgar/data/1418091/000110465922048128/tm2213229d1_ex99-c.htm Regardless of Musk’s interest in the deal at this point, … Read more

3 million people in the U.S. hold realtors’ licenses. As Housing Bubble 2.0 implodes, how many of those realtors will be able to earn enough in commissions to pay their rent, mortgages, or car payments?

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by Boo_Randy The Housing Market ‘Is Crashing,’ Says KPMG Chief Economist (rare truth-bomb allowed on MSM) #recession … #GFC2 US #Housing Bubble 2.0 edition https://t.co/suwPeCpe1U pic.twitter.com/S22VRozBom — Invariant Perspective (@InvariantPersp1) October 23, 2022 US New Home Buyer Traffic DOWN -64% YoY (Bank Deposits DOWN The Most Since 1973) Everything is NOT beautiful with the US economy. … Read more

Tulsi Gabbard – “The Democrat Party Is Now Under The Complete Control Of A Warmongering, Elitist Cabal. That Is Why I Left”

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The Democrat Party that I joined—the party of JFK and MLK, Big Tent inclusivity, and fought for free speech—that Party no longer exists. It is now under the complete control of a warmongering, elitist cabal. That is why I left, and I ask you to seriously consider joining me. pic.twitter.com/OkLYjwCiX0 — Tulsi Gabbard 🌺 (@TulsiGabbard) … Read more

Inflation Alert! Fed Set to Raise Rates by 0.75 Point and Debate Size of Future Hikes. Some officials are beginning to signal greater unease with big rate rises to fight inflation.

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(Bloomberg) — US central bankers said the next phase in their campaign to curb inflation will be to debate how high to raise interest rates and when to slow the pace of increases. St. Louis Fed President James Bullard and San Francisco Fed chief Mary Daly both stressed the need to keep tightening policy with … Read more

Inflation in Sri Lanka hits record 73.7 percent

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Annual food price inflation picked up to 85.8 percent from 84.6 percent in August, while prices of non-food items rose 62.8 percent. Sri Lanka’s Central Bank Governor Nandalal Weerasinghe predicted earlier on Thursday that inflation in the island nation is peaking, with price rises likely to ease this month. The NCPI captures broader retail price … Read more

China’s former president Hu Jintao, 79, is forcibly removed from seat next to his successor Xi Jinping at televised Communist Party Congress and dragged out of the room

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by Boo_Randy Nothing to see here…move along…just another ruthless dictator consolidating absolute power. https://www.dailymail.co.uk/news/article-11343239/Chinas-former-president-Hu-Jintao-forcibly-removed-seat.html This is the moment China‘s former president Hu Jintao is forcibly removed from his seat next to his successor Xi Jinping at the televised Communist Party Congress and dragged out of the room. Hu Jintao, 79, was taken off stage shortly after foreign media … Read more

Mainstream Media Openly Reporting on the Elite Lining Up for Young Blood

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Save our children!! Mainstream Media Now Openly Reporting on the Elite Lining Up to Ingest the Blood of Children. pic.twitter.com/6WLXJeyqNc — Glenda (@websterscat) October 15, 2022 Feb. 19, 2019 ‘Young blood’ company Ambrosia halts patient treatments after FDA warning https://www.nbcnews.com/health/aging/young-blood-company-ambrosia-halts-patient-treatments-after-fda-warning-n973266 January 23, 2020 Young blood back on the menu Exclusive interview: Ambrosia getting back to … Read more