On Wire

Breaking news, updates, and reports on current events.

15,000 German stores facing bankruptcy due to soaring energy costs

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Over 15,000 German stores are facing bankruptcy due to soaring energy costs, Der Spiegel reported on Friday, citing the German Retail Association (HDE). According to the report, the HDE wrote a letter to Vice-Chancellor and Economy Minister Robert Habeck in which it warned that the “exploding energy costs” are making it impossible for increasing numbers … Read more

Property prices drop nationally again, with Sydney diving 6pc annually and regional Australia following suit

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by Boo_Randy https://www.abc.net.au/news/2022-10-03/property-prices-corelogic-rents-september-2022/101495078 Property prices are continuing to fall nationally as interest rates hit, with key capital city housing markets diving up to 6 per cent in the last three months alone. CoreLogic data shows that in September properties were sold for 1.4 per cent less on average nationally than in August. The only capital city … Read more

NeverTrump vs. NeverTrump, you love to see them beating each other up.

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MUST’VE SOBERED UP! Adam Kinzinger tries deleting most embarrassing tweet of all in bizarre attack on pro-life “Baseball Crank”  Dan McLaughlin (we got it). https://twitter.com/Mellecon/status/1576555838390484992 https://twitter.com/mallen_2010/status/1576569467089211392 More here: Adam Kinzinger ‘Drunk-Tweets’ His Way Into Total Embarrassment. h/t Doomberg

Germany (and Europe) on the Brink- The bloom is off Europe’s former economic powerhouse Germany.It’s because of increasingly unaffordable energy, food and other essentials while disposable household income is declining.

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via activeprep: The bloom is off Europe’s former economic powerhouse Germany. Last month, the German Retail Association (HDE) reported that consumer sentiment reached an all-time low in August — then declined further in September. It’s because of increasingly unaffordable energy, food and other essentials while disposable household income is declining. As a result, consumer purchasing intentions … Read more

SEC Punishes Barclays for having offered and sold approximately $17.7 billion of securities in unregistered transactions. Buyers of the “unregistered securities” right to demand Barclays buy back the products at the original price plus interest. Barclays sets 1.3 billion aside to cover the costs.

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Sept 29 (Reuters) – British bank Barclays (BARC.L) agreed to a $361 million penalty over internal control failures related to the unregistered offer and sale of “an unprecedented amount” of securities, the U.S. Securities and Exchange Commission said on Thursday. https://www.reuters.com/business/finance/barclays-pay-sec-361-million-over-issuance-securities-2022-09-29/ h/t ringingbells

Democrats have invested more money attempting to get Stacey Abrams and Beto O’Rourke elected than any other non-presidential candidates in American history. Despite outspending their GOP opponents by more than 5X they are both expected to lose.

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Beto O’Rourke and Stacey Abrams shot into the political stratosphere four years ago when the fresh-faced Democrats electrified the party on their way to better-than-expected showings in statewide races in deep-red Texas and purple Georgia. This year, they are struggling to build on those near-success stories in a pair of gubernatorial races, and they are … Read more

Lloyd Austin DOWNPLAYS Putin’s nuclear war threats: Biden’s Pentagon chief accuses Russia of ‘saber rattling’ and dismisses fears of ‘imminent invasion’ of Taiwan by China

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by Boo_Randy Biden’s Secretary of Defense might be blasé about such threats, but I’m not taking any chances – this world has gotten too dangerous and unpredictable, and our adversaries won’t be deterred by “woke” militaries. Stacking and prepping are our best means of mitigating the rising geopolitical risks and “black swans” that are taking … Read more

Global Currency Collapse Will Get MUCH Worse.

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China tells state banks to prepare for a massive dollar dump and yuan buying spree as Beijing’s prior interventions have failed to stem its currency’s worst year since 1994 If China stops buying US debt, and dumps it instead, the long-deferred financial reckoning day just drew a lot closer for the Keynesian fraudsters at the … Read more

US federal budget deficits since the US went off the gold standard… without gold keeping them honest, politicians in Washington DC have created huge budget deficits… we are now going into a recession/depression with debt/GDP 130%… with increasing interest rates and a Fed $8.8 trillion balance sheet…

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by silvertomars   Inflation is transitory, will hit 2% in 2022 Recession is very unlikely Interest rates won’t rise until 2024 Inflation is actually good for you They literally supported buying bonds/ETFs Now, we are paying for these failures.  

Alasdair MacLeod: The Crisis is Upon Us

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 by Alasdair MacLeod from Goldmoney.com: In an extraordinary week of turmoil in global bond markets, gold and silver rallied. In European trade this morning, gold was at $1672, up $28 from last Friday’s close. And silver at $19.16 is up 31 cents. The big news was the collapse of the UK gilt market’s long maturities, … Read more

Devastating flood damage in Arcadia, Florida

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Cars were left fully submerged on roadways near Arcadia, FL as rivers rapidly flooded in the aftermath of heavy rains from #Ian. pic.twitter.com/69jv4jujV7 — WeatherNation (@WeatherNation) October 2, 2022 NEW VIDEO: More devastating scenes coming out of Arcadia, FL this morning. This drone footage really shows how the record- breaking flooding of the Peace River … Read more

Stephen Miller Issues ‘Nuclear War’ Warning, Wants Biden in ‘Assisted Living’ Facility After Damaging Video

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President Biden has provided the world with so many gaffes and provably untrue statements within the last two years that even his most delusional supporters have had to take a step back to question his mental stability. While Biden was renowned for his ability to deny the truth during his lucid years, he has developed … Read more

PayPal goes full 1984 in November…

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On the heels of its censorship spree in the UK – that received backlash so great it got the attention of lawmakers – PayPal is rolling out a new agreement that gives itself more censorship powers and the ability to strip income from those who don’t abide to its speech rules. Violation of the “Acceptable … Read more

UN’s Under-Secretary-General, speaking on a WEF panel: “We own the science, and we think that the world should know it

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“We own the science, and we think that the world should know it.” Melissa Fleming, UN’s Under-Secretary-General for Global Communications, speaking on a WEF panel. The reason they want us to “follow the science” is because they “own the science”.https://t.co/KQ5B5fgnua — Fr Calvin Robinson ©️®️ (@calvinrobinson) October 2, 2022 Source: https://www.weforum.org/agenda/2022/09/tackling-disinformation-agenda-dialogues/ Tess

Outsourced censorship: Feds used private entity to target millions of social posts in 2020

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‘A consortium of four private groups worked with the departments of Homeland Security (DHS) and State to censor massive numbers of social media posts they considered misinformation during the 2020 election, and its members then got rewarded with millions of federal dollars from the Biden administration afterwards, according to interviews and documents obtained by Just … Read more