Breaking news, updates, and reports on current events.
Biden admin showing their asses. It is extremely rare for the US military to reveal the whereabouts of nuclear ballistic missile submarines while they are on patrol. U.S. Central Command has taken the extremely unusual step of disclosing the presence of a U.S. Navy Ohio class nuclear ballistic missile submarine in the Arabian Sea. … Read more
Lyn Alden with Jason Burack of Wall St For Main St During this hour+ long interview, Jason asks Lyn about the pension fund problems in the UK and the EU that seemed to rapidly increase with only a few interest rate hikes. And yet many pension funds are now in trouble with over leveraged trades and very large margin … Read more
The Yield Curve, A Reliable Recession Indicator, Just Sounded An Alarm U.S. government 3-month rates rose above the yield on 10-year bonds, according to U.S. Treasury data for Oct. 18, 2022. This is fairly unusual and researchers regard this as among the best indicators that a U.S. recession is coming on a 6-18 month view. This indicator is … Read more
by Ryan McMaken of Mises Institute The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, September was yet another month of soaring inflation. According to the BLS, Consumer Price Index (CPI) inflation rose 8.2 percent year over year during September, before seasonal adjustment. That’s the nineteenth month in a row of … Read more
Europe’s Misery index (unemployment rate + inflation rate) All time highs pic.twitter.com/IOiJgmatje — Alessio (@AlessioTMAD) October 19, 2022 GERMANY SEPT. PPI INFLATION JUMPS 2.3% M/M; EST. 1.3% 🇩🇪🇩🇪 — Christian Klein (@clkleinmonaco) October 20, 2022 https://twitter.com/edwardnh/status/1583102730482032640
via theepochtimes: The International Monetary Fund (IMF) has said that central bank digital currencies (CBDCs) could potentially allow a government to control what people spend their hard-earned cash on. Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability. “By programming … Read more
by Shaun Richards We find ourselves in a situation that has not been seen for several decades. There is a link to yesterday’s topic which is the catastrophic mess out political class have made of out energy supply which contributes to the present inflationary tale of woe. Also sadly the situation is badly reported by … Read more
Biden says US should boost domestic oil productionhttps://t.co/tUBAxqDwUJ — Insider Paper (@TheInsiderPaper) October 20, 2022 The Biden administration has canceled one of the most high-profile oil and gas lease opportunities pending before the Interior Department. The decision comes at a challenging political moment when gas prices are hitting painful new highs. https://t.co/9WzYVxEPYX — CBS News … Read more
The recent surge in mortgage rate is occurring at a time that the Federal Reserve has stopped buying mortgages backed securities (MBS) and is now allowing its holdings of MBS to mature off its balance sheet at a pace of $35 billion per month. The Fed has not committed to sell/ — Diane Swonk (@DianeSwonk) … Read more
Shortest Tenure of any UK Prime Minister, she broke the record which was held by PM George Canning , Who served for 119 Days before dying in 1827. https://youtu.be/9Auq9mYxFEE BREAKING: Liz Truss announces her resignation as Prime Minister of the United Kingdom when a successor is chosen. MORE: https://t.co/YTO7bqp4ww pic.twitter.com/5dhvlv1Xkr — NEWSMAX (@NEWSMAX) October 20, … Read more
by Michael Once upon a time, Ronald Reagan described America as a “shining city on a hill” that the rest of the world could look to for inspiration. Well, those days are gone. So what is our pitch now? Come visit America where you can watch people buy fentanyl-laced drugs in our open air drug … Read more
by Chris Black “YouTube removed Kanye West’s interview… so what does that tell you, rappers can do interviews bragging about selling drugs to our community, brag about killing ops but don’t you ever criticize the people that Kanye criticized, you’re not allowed to speak disrespectful to them.” YouTube removed Kanye West’s interview… so what does … Read more
by Chris Black That’s not a typo. Nevertheless, she refuses to resign. This is what democracy looks like goy! U.K.'s Liz Truss has a net approval rating of -61 percent: Poll https://t.co/DWtICKOsKx via @TheWeek — Abubakar Dungus (@ADungus) October 19, 2022 Liz has only been in office for six weeks. She is the epitome of … Read more
Spoken like a true dictator. I think that's exactly what a tyrant would say. — R.J. Kendall 🇨🇦🇺🇸 (@RJ_Kendall) October 19, 2022 h/t A Deplorable Neanderthal
by Michael The U.S. housing market is absolutely imploding, but nobody should be surprised. In fact, we were warned way ahead of time that this would happen. When the Federal Reserve told us that they would be aggressively raising interest rates, we all knew what this would do to the housing bubble. It was obvious … Read more
by Boo_Randy These strikes are being led by leftist unions that are tools of the globalists. When will the French sheeple crack the code on the link between Money Printer Go BRRRR and soaring inflation? How long will they keep electing stooges of the banksters and WEF? https://www.aljazeera.com/gallery/2022/10/19/photos-workers-take-to-streets-across-france-for-higher-wages Thousands people took to the streets in … Read more
All eyes are on DEBIT SUISSE, meanwhile almost all banks Credit Default Swaps (CDS) suddenly surpass March 2020. Compared to the 2008 financial crisis, Credit Suisse has blown WAY past their 2008/2009 CDS peak: Green line = Now Red dot = the 2008/2009 peak. Buckle Up 🔥 pic.twitter.com/bTFcNy9W5p — Wall Street Mav (@WallStreetMav) October 18, … Read more
by Boo_Randy UK sheeple, you don’t have a “cost of living crisis.” You have a “Keynesian fraudsters in charge of our money issuance” crisis. https://www.aljazeera.com/economy/2022/10/19/uk-inflation-jumps-back-above-10-percent-as-food-prices-soar Government of the UK is telling citizens the WILL BE blackouts this winter, while BBC preps propaganda scripts https://news.sky.com/story/amp/prepare-for-blackouts-on-cold-weekday-evenings-national-grid-chief-warns-12723349 Surging Energy Costs Force Manufacturers to Shed Jobs, Abandon Europe https://www.breitbart.com/europe/2022/10/19/surging-energy-costs-force-manufacturers-to-shed-jobs-abandon-europe/
It does not look like a soft landing Consumers are buying fewer items to cope with inflation at the grocery store. A leading indicator of consumer spending this holiday season. pic.twitter.com/5JWCYoN3bw — The Maverick of Wall Street (@TheMaverickWS) October 19, 2022 Bezos warns on the economy, saying it's time to 'batten down the hatches' https://t.co/AbYTPMMq85 … Read more
