The dominoes are aligning for a major synchronized global market crisis.

via creditbubblebulletin: It would have been a nonevent; inconsequential. Confirming New Cycle Dynamics, the Truss government’s “mini budget” has unleashed absolute mayhem. Pension funds blowing up. Emergency central bank rescue operations. Global market instability. UK’s Treasury Secretary sacrificed after a mere 38 days, while an entire government hangs in the balance. Friday evening Financial Times headlines: … Read more

The B.I.D.E.N System! Biden Plans To Release Additional 10-15 Million Barrels Of Crude Oil From Strategic Petroleum Reserve (Regular Gasoline Prices UP 62% Under Biden And Diesel Fuel Prices UP 101.4%)

by confoundedinterest17 Joe Biden reminds me of Dennis Reynolds from “Its Always Sunny In Philadelphia.” And his D.E.N.N.I.S System. But Biden’s System is blatant politics. With the midterm elections in November and Democrats looking a bit behind, Biden is pulling out the political guns by 1) ramping up student loan forgiveness … again and 2) releasing 10-15 million MORE … Read more

US equity advisory optimism and homebuyer Traffic habe reached its lowest level since 2008.

US equity advisory optimism at its lowest since 2008. pic.twitter.com/oXIqDGHplG — Longview Economics (@Lvieweconomics) October 18, 2022 While earnings remain inflated, the great disconnect between equity prices and earnings has come off a long way. pic.twitter.com/apBUgNVNsi — Steve Donzé (@steve_donze) October 18, 2022 Homebuyer Traffic just collapsed to lowest level since start of 2008 Housing … Read more

With Stocks & Debt Up 50x In The Last 50 Years, How Far Will They Collapse?

by Egon von Greyerz of Gold Switzerland With stocks, bonds and property in major bear markets, investors are desperately hoping (and praying) that the Fed and other Central banks will come to their rescue. But this time it is different. (You have heard that before). Central banks are determined to kill off inflation and with that the economy. … Read more

Saudi Arabia announces it will Join BRICs!

Saudi Arabia, the largest U.S. export market in the Middle East, invited Chinese President Xi to visit Riyadh in March as relations with the U.S. have faltered since Joe Biden was elected, The Wall Street Journal reported. According to a report from CNN, U.S. intelligence agencies have assessed that Saudi Arabia is now actively manufacturing … Read more

Bank of Canada is blaming Canadian’s future inflationary outlook for the coming increases in inflation!

The crucial metric for the Bank of Canada in both surveys is inflation expectations. What consumers and businesses believe about future price increases can affect the trajectory of inflation, as employees negotiate higher wages and companies raise prices to protect their profit margins. The central bank is worried that people will expect permanently high inflation, and … Read more

Now black farmers SUE Biden administration for watering down $4bn relief package after white farmers complained the proposed funding was racist

Black farmers across the nation are suing the Biden administration over the $4 billion debt relief program that was promised to them but never delivered The program aimed to help farmers of color, but white farmers sued and claimed they were being discriminated against A judge last year agreed with the white farmers and blocked … Read more

U.S. Military Bases Sell Chinese Govt-Made Smart Devices With Privacy Policies Stating Data Can Be Sent to China.

The United States government is actively selling potential surveillance devices to American military personnel and families on military bases that are directly manufactured by the Chinese Communist Party (CCP), The National Pulse can reveal. Chinese-made smart televisions in the homes of soldiers, sailors, airmen, marines, and their families, as well as millions of other Americans, … Read more

China’s army is recruiting dozens of British ex military pilots in ‘threat to UK interests?!

China’s armed forces recruiting dozens of British ex military pilots in ‘threat to UK interests ??! One official said some 30 mainly ex-fast jet but also some helicopter pilots – lured by annual salaries of around £240,000 – are currently in China training pilots for the People’s Liberation Army, in what a defence analyst described … Read more

Secede from Oregon? ‘Greater Idaho’ is on the ballot

https://www.foxnews.com/politics/secede-oregon-greater-idaho-ballot-two-conservative-counties The Greater Idaho movement proposes redrawing Oregon’s borders so that about two-thirds of the Beaver State’s land mass becomes part of neighboring Idaho. The movement has already gained support from nine counties in Eastern Oregon, and two more will vote on whether they want lawmakers to work on the logistics of moving the border. … Read more

The first images from the exploded Nord Stream pipe at the bottom of the Baltic Sea

The pictures are here: https://www.lipstickalley.com/threads/the-first-images-from-the-exploded-nord-stream-pipe-at-the-bottom-of-the-baltic-sea.5053741/ Our underwater camera documents long tears in the seabed before it reaches the concrete-reinforced steel pipe torn apart in the suspected sabotage. At least fifty meters of the gas line appears to be missing after the explosion, which measured 2.3 on the Richter scale. Last Friday, the Coast Guard announced … Read more

Republicans are on track to win 240+ seats in the House and 52-53 seats in the Senate. GOP generic-ballot rating jumps to 8-month high just before Election Day — unexpectedly.

The GOP is also poised to sweep down ballot races from governorships to school board elections. — Election Wizard (@ElectionWiz) October 18, 2022 DON’T GET COCKY: GOP generic-ballot rating jumps to 8-month high just before Election Day — unexpectedly.

Forecast for US Recession Within Year Hits 100% in Blow to Biden (Fed Pivot Expected At March 2023 Meeting)

by confoundedinterest17 Bloomberg Economics sees near certainty downturn will start Tightening conditions, inflation, hawkish Fed weigh on outlook A US recession is effectively certain in the next 12 months in new Bloomberg Economics model projections, a blow to President Joe Biden’s economic messaging ahead of the November midterms. The latest recession probability models by Bloomberg economists Anna Wong and Eliza Winger forecast … Read more

Saudi Arabian reach is LONG! 72 year old US citizen sentence to 12 years in jail for tweets he wrote in America!

The Saudi government has sentenced a 72-year-old U.S. citizen to 16 years in prison for tweets he posted while inside the United States, which were critical of the Saudi regime. His son, speaking publicly for the first time, alleges that the Saudi government has tortured his father in prison and says that the State Department … Read more