On Wire
Breaking news, updates, and reports on current events.
The Dip, the real one, is still to come.
by jinxmm91 The first line represents important sell-offs. The second indicates capitulation, crash and “the mighty Dip”. Friday we flirted with the first line…
Reserve Bank of Australia reports loss of $37bn and plans to cut dividends to Treasury
by Boo_Randy The bills are starting to come due for 14 years of Keynesian monetary malpractice at the central banks. https://www.theguardian.com/business/2022/sep/21/reserve-bank-of-australia-rba-reports-loss-plans-to-cut-treasury-dividends-review-bond-buying-purchase-program Central bank in negative equity after 2021-22 loss, a review of its pandemic bond-buying program has found.
The fastest-cooling real estate markets in the US: Sales drop 34% in Seattle as crime ravaged West Coast sees prices tumble amid exodus of residents – and people return from pandemic refuges (Housing Bubble 2.0 implosion dead ahead)
by Boo_Randy Source: https://www.dailymail.co.uk/news/article-11246035/The-20-fastest-cooling-real-estate-markets-crime-ravaged-West-Coast-sees-prices-tumble.html
Chinese purge underway
The Chinese political arena is the same as a slaughterhouse. Bulk slaughter in one day.#XiJinping pic.twitter.com/xyO1jlARnh — The Great Translation Movement 大翻译运动 (@TGTM_Official) September 24, 2022 h/t JADR+
Canada got a relatively mild GFC in 2008… Will this time be worse?
by silvertomars While implied and increasing interest costs are a major problem the root cause of why it is so devastating is that there is just too much debt and its time to pay the piper. Our culture is one of debt and an attitude that we all deserve everything right now. Forget about analysis … Read more
Australia’s Central Bank is Broke – will print their way out of problem
The central bank has had to mark the value of its holdings to market, resulting in a A$44.9 billion (US$30.0 billion) valuation loss. Offset by A$8.2 billion (US$5.5 billion) in underlying earnings from the central bank’s holdings, and it is posting a net loss of A$36.7 billion (US$24.5 billion). That has exhausted the bank’s A$15.4 … Read more
A Housing Crash in CANADA, AUSTRALIA & NEW ZEALAND ?? It Sure Looks Like It…
Watch Video above… And Read Articles Below… https://www.msn.com/en-in/money/news/the-housing-markets-could-crash-in-canada-new-zealand-and-australia-they-re-3-cautionary-tales-for-the-us/ar-AA11EbRc https://www.news.com.au/finance/real-estate/buying/grim-prediction-australia-facing-major-housing-crash/news-story/0d6c5bb65cc2e53c684331618783bee7 https://www.internationalfreepress.com/2022/09/a-housing-crash-in-canada-australia-and.html?m=1 New Zealand Property prices https://youtu.be/y2kbgavXsqc
Is a margin-call induced stock market selloff imminent?
by mark000 Looking very likely… Default insurance (CDS) on Credit Suisse is approaching same level as during the collapse of Lehman Brothers… $CS pic.twitter.com/nbHKYcuwxx — Wall Street Mav (@WallStreetMav) September 25, 2022 What just happened to dollar ? pic.twitter.com/PiMnoDn2CA — Michael J. Kramer (@MichaelMOTTCM) September 26, 2022 "Once inflation is above 5% in advanced economies, … Read more
Lefty Accidentally Sets Himself on Fire at Tennis Match to Protest Private Jets
https://youtu.be/3KGvM907abc
She Cut In Line And Then Freaked Out When Someone Said Something
https://twitter.com/Antman0704/status/1573634551175434240
7,774 Yards: New World Record Rifle Shot Set in Wyoming
A team of long-range shooting experts in Wyoming set what appears to be the new world record for the longest rifle shot ever completed: 7,774 yards or 4.4 miles. Scott Austin and Shepard Humphries led the team from Nomad Rifleman, a shooting range and instruction center based in Jackson Hole, Wyoming. The custom bolt-action rifle … Read more
Sensity Smart Lights Being Rolled Out Globally
You can safely assume all new LED lights in cities, airports, hospitals, even homes – Are “smart”. EVERYTHING under surveillance. IPV6 allows for 1,000,000,000,000,000,000,000,000,000s of addresses for sensors, computers, phones, etc. What World We are living in – LED LIGHTS, SMART LED LIGHTS & 6G IOT – A Luciferian Paradise h/t NaturalOrder
North Korea Tests Ballistic Missile
North Korea has tested a short-range ballistic missile as a US aircraft carrier arrived in South Korea for joint military exercises. It was launched on Sunday from the western town of Taechon and flew 370 miles (600km), said the South’s Joint Chiefs of Staff, before landing off North Korea’s east coast. The launch is the … Read more
Republicans Drop Atom Bomb On Weaponized IRS
President Joe Biden signed the “Inflation Reduction Act” last month, which increases IRS agents by 87,000 and its budget by $80 billion. Of the 4,600 guns in the IRS arsenal, 3,282 are pistols, 621 are shotguns, 539 are rifles, and four are revolvers. The agency has 15 automatic weapons (machine guns). In a recent IRS … Read more