On Wire

Breaking news, updates, and reports on current events.

BALENCIAGA shut down their Twitter account.

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Confirmed through a search for: “balenciaga twitter” Woah. @BALENCIAGA shut down their Twitter account. pic.twitter.com/4P92eYVDWA — End Wokeness (@EndWokeness) November 27, 2022 Balenciaga Sues Producers Of 'BDSM Teddy Bear' Pedophilic Ad Campaign https://t.co/Nm0IwQMMt3 — zerohedge (@zerohedge) November 26, 2022 h/t dr0id

Amazon Turning Democrat Mega-Donor Sam Bankman-Fried’s Cryptocurrency Scandal into TV Show

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Amazon Studios is turning the Sam Bankman-Fried FTX cryptocurrency scandal into a limited drama series, with Disney-Marvel veterans Joe and Anthony Russo set to produce and direct, according to a Variety report. The eight-episode series will dramatize the collapse of the FTX cryptocurrency exchange, which was co-founded and led by Democrat mega-donor Bankman-Fried — known … Read more

Rent Crisis! 41% in the U.S. Couldn’t Pay Rent November (Bank MBS Holdings Collapse With Fed Tightening)

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by confoundedinterest17 Interesting story on Alignable. Due to high inflation, reduced consumer spending, higher rents and other economic pressures, U.S.-based small business owners’ rent problems just escalated to new heights nationally this month, based on Alignable’s November Rent Poll of 6,326 small business owners taken from 11/19/22 to 11/22/22. Unfortunately, 41% of U.S.-based small business … Read more

MOVE-VIX divergence…

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by Infamous_Sympathy_91 Equity holders are like… inflation ain’t no thang… and the FED won’t risk a recession (and whatever recession has probably been and gone anyway). It’s all cool bro. Buy the dip! Bond holders be like… my mfing bonds are on fire, and high inflation is eating my yields… holy fu******k!!!@!  

Singapore’s central bank warned of “potential dysfunction” in global funding markets and liquidity strains on financial firms that could spill over to banks and companies, amid intensifying risks to international financial stability.

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Singapore’s central bank warned of “potential dysfunction” in global funding markets and liquidity strains on financial firms that could spill over to banks and companies, amid intensifying risks to international financial stability. Central banks should step up as market makers of last resort should liquidity stresses emerge that could threaten severe disruptions in core funding … Read more

The Digital Revolution Has Destroyed the Usefulness of Telephones

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by Paul Craig Roberts via PaulCraigRoberts.org The Digital Revolution Has Destroyed the Usefulness of Telephones Today telephones are just invasive devices Paul Craig Roberts I remember when telephones were useful as telephones. Today they are used to surf the Internet and for text messages. Most people don’t answer the ring unless they recognize the number. Many never set … Read more

University system survey reveals students and faculty hesitant to express political views on campus.

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A climate survey sent to students and employees of Pennsylvania’s State System of Higher Education concluded that few students and faculty feel comfortable expressing their political views on campus. The survey came as part of the State System’s broader initiative to “strengthen diversity, equity, and inclusion for everyone in the system office and on our … Read more

Ghana plans to buy oil with gold instead of U.S. dollars

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ACCRA (Reuters) -Ghana’s government is working on a new policy to buy oil products with gold rather than U.S. dollar reserves, Vice-President Mahamudu Bawumia said on Facebook on Thursday. The move is meant to tackle dwindling foreign currency reserves coupled with demand for dollars by oil importers, which is weakening the local cedi and increasing … Read more