On Wire

Breaking news, updates, and reports on current events.

Fla. to strip licenses of K-3 teachers who discuss gender identity, sexuality

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Florida plans to revoke or suspend the teaching licenses of elementary school educators who teach students about gender identity or sexuality, according to a new rule published by the state’s Department of Education. The rule, proposed in August and approved by Education Commissioner Manny Diaz Jr. in September, is intended to enforce a 2021 state law … Read more

Another Depression Coming? Retirement Savers Should Do This Now

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Image courtesy of Austrian National Library From Peter Reagan at Birch Gold Group Despite the evidence that the U.S. is already in an economic recession, the current administration is conveniently ignoring this fact before the midterms. In fact, President Joe Biden recently told CNN’s Jake Tapper: I don’t think there will be a recession. If it is, there will … Read more

Put money in Bank of China?

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Tricky Fed president: ten years of ZIRP and QE crushed US retirees and created the biggest asset bubble in history, but Bostic was smart enough to put his money in a Bank of China CD pic.twitter.com/SoHUVdJEz0 — zerohedge (@zerohedge) October 14, 2022

Bank Of ENGLAND Collapse IMMINENT: Things Are About To Get CRAZY (Great Reset Agenda)!

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by Josh Sigurdson via World Alternative Media Josh Sigurdson reports on the controlled collapse of the global banking system as Bank of America governor Bailey tells people they have three days to sell everything! Of course this is leading to cratering markets and massive panic, but that was all part of the plan, wasn’t it? They need the … Read more

Deflation Will Become The Problem When “Something Breaks”

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By Lance Roberts  While the Fed continues to hike rates to combat high inflation levels aggressively, history shows that deflation will become a more significant threat when something “breaks” in the financial or credit markets. As I discussed in a recent MarketWatch article: “Stable markets can become unstable rapidly when something breaks due to rising rates or volatility. … Read more

The White House opened a wide-ranging investigation into the world’s richest man immediately after he announced that he would be restoring free speech to Twitter.

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The social media company has asked a Delaware judge to order records of the investigation into Musk be turned over. WILMINGTON, Del., Oct 13 (Reuters) – Elon Musk is being investigated by federal authorities over his conduct in his $44 billion takeover deal for Twitter Inc (TWTR.N), the social media company said in a court … Read more

China and Japan are selling US Treasuries… so is FED by doing QT… those three are the largest holders… so who is left to buy?

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by silvertomars Morgan Stanley outlines some potential buyers… replacing the top 3 will clearly be a tall order likely requiring much higher interest rates… Good luck with that. It’s no wonder Yellen is shitting her pants now. She needs to keep selling a fuckton of new Treasuries at auction while all this is going on. I kept … Read more

A 99.996% loss in just one year.

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In March 2021, the first tweet ever sold as an NFT for $2.9 million. The most recent bid is $97. pic.twitter.com/s8VdBApOao — Chairman (@WSBChairman) October 14, 2022 The best part is that the NFT is just a screenshot of the tweet. He doesn’t actually “own” the tweet. — Chairman (@WSBChairman) October 14, 2022

‘Inflation undershoots’ …… Inflation rate in Argentina: 90%

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BUENOS AIRES, Oct 14 (Reuters) – Argentina’s monthly inflation rate came in lower than expected in September, a rare reprieve for the embattled economy and struggling residents, which may allow the central bank to pause its aggressive rate hiking cycle for the time being. The government’s INDEC statistics agency reported on Friday the monthly inflation … Read more