On Wire

Breaking news, updates, and reports on current events.

‘We don’t have enough trucks!’ Pete Buttigieg says rail strike – which could result in 60,000 workers walking out before the holidays and cost economy up to $2 BILLION a day – is ‘not acceptable’ and must be prevented

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by Boo_Randy What’s “unacceptable” is that essential workers are seeing their purchasing power & standard of living destroyed by the Fed’s debasement of the currency, and inflation rates far in excess of what our lying, Soviet-style CPI stats say it is. Transportation Secretary Pete Buttigieg said that a potential national rail strike ‘is not acceptable’ … Read more

Another Recession Indicator Is Flashing Red

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via morningstar: Even as stock investors cheer signs of inflation peaking, the bond market’s best-known predictor of recessions is showing its clearest signal yet that there is trouble ahead for the US economy. It’s known in Wall Street lingo as an inverted yield curve, and in recent days it has moved to its most extreme levels … Read more

All Of A Sudden, Huge Earthquakes Are Hitting The West Coast Of The U.S. And Other High Risk Areas

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by Michael Have you noticed that there have been a lot of very unusual earthquakes around the globe this week?  Suddenly, large earthquakes have started to erupt in some of the most high risk areas of the planet.  Unfortunately, that includes the west coast of the United States.  For years, I have been warning my readers about … Read more

Lightning Network: A Trojan Horse in the Crypto Industry

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by Boo_Randy This article is a must read for any crypto cultists who haven’t figured out yet that crypto is a project of the financier cartel that runs the current financial/banking system. “We’re on the same side!” No, we most emphatically are not. https://medium.com/coinmonks/lightning-network-the-trojan-horse-of-the-crypt-industry-f26e3cc8cd46

Demographic Cliff + Let It Rot = Collapse of Global Growth

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by Charles Hugh-Smith As workforces shrink and opting out becomes increasingly attractive, Global Growth implodes on both the production and consumption sides. A funny thing happened on the way to permanent global growth. Actually, three funny things happened. One is the cheap, easy-to-access materials that enabled a vast expansion of consumption have been pulled out of … Read more

Trillions Upon Trillions Of Dollars Of Wealth Is Being Wiped Out As The “Everything Collapse” Accelerates

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by Michael Have you checked on the health of your investments lately?  If not, you may be surprised to find out where things currently stand.  As the “everything collapse” accelerates, trillions upon trillions of dollars of wealth is being wiped out.  Many that thought that they were financially set for the rest of their lives … Read more

New Zealand delivers its biggest rate hike ever

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Shares in the Asia-Pacific are mixed Wednesday after U.S. stocks rose overnight and New Zealand’s central bank delivered a 75 basis point hike, the biggest rate hike ever in the central bank’s history. The NZX 50 index in New Zealand fell 0.82%. The S&P/ASX 200 was up 0.66% despite the Reserve Bank of Australia governor … Read more

FTX Contagion: Crypto Firm Genesis Asks Binance, Apollo for Cash Genesis is faltering as the FTX contagion continues to spread throughout

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Cryptocurrency lending firm Genesis Global Capital has reportedly asked crypto exchange Binance and private equity firm Apollo Global Management for cash. Genesis is faltering as the FTX contagion continues to spread throughout the cryptocurrency world. The Wall Street Journal reports that Genesis Global Capital is seeking funding to stay afloat. According to people familiar with … Read more

WEF and its gang getting called out. More action needed less talk.

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by Any-Sea-6592 Senator Malcolm Roberts standing against WEF Transcript https://t.co/iXlvMy0iRo — Malcolm Roberts 🇦🇺 (@MRobertsQLD) November 21, 2022 While crooked Klaus Schwab wants the Great Reset, I’m promising to take up the Great Resist. We will resist the infiltration of our Parliament by globalist pawns. We will resist the destruction of the family. We will … Read more

Republican Senators Warn Biden Admin Running Covert Censorship Operation

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Sens. Marco Rubio, Ted Cruz and five other Republican senators warned that President Joe Biden’s administration is running a covert “government censorship” operation even after the controversial launch and then collapse of the Department of Homeland Security (DHS) Disinformation Governance Board. In the letter send to Biden on Monday, the senators wrote that they have … Read more

Economy Is at Mercy of Powell & Yellen

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While Americans struggle to pay their bills amid soaring inflation, the institutions we rely on to wrestle the economy back to stability are engaged in a secret power struggle which only worsens the impending crisis. Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen are engaged in a tug of war over interest rates, sources … Read more

2022 is on pace to be the first calendar year in which the Money Supply has fallen in the last 60+ years, down 0.3% YTD.

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My M2 data only goes back to 1959, but the Money Supply was said to have fallen nearly 30% during the Great Depression (from the fall of 1930 through the winter of 1933), leading to a decline in prices by a commensurate amount and a deflationary spiral in the economy. pic.twitter.com/Bh7dPuwqvB — Charlie Bilello (@charliebilello) … Read more