On Wire

Breaking news, updates, and reports on current events.

Systemic Inflation & Currency Wasteland: Got Gold?

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by Stewart Thomson of Graceland Updates 1.   What lies ahead for America and the world, for the rest of 2022 and 2023?  Well, please click here now.  Legendary economist Steve Hanke warns of a major recession in 2023 and suggests it would be happening… even with no rate hikes. 2.   In regards to rate hikes specifically, I’ve asked investors to think about a scenario … Read more

JPMorgan Frankfurt Offices Raided as Part of Tax Probe

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JPMorgan Chase & Co.’s Frankfurt offices are being raided by Cologne prosecutors as part of their vast probe into the controversial Cum-Ex scandal that robbed tax payers of billions of euros. The US bank confirmed in a statement that it was visited by officials and said that it continues “to cooperate with the German authorities … Read more

Robby Starbuck: When has a government ever called half the country semi-fascist extremists who don’t follow the law, used special police to raid their opposition, tried to ban guns while threatening military force and yet ended up the good guys in the end? Prepare accordingly.

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I’ll reiterate: When has a government ever called half the country semi-fascist extremists who don’t follow the law, used special police to raid their opposition, tried to ban guns while threatening military force and yet ended up the good guys in the end? Prepare accordingly. pic.twitter.com/H4EdPc4dPd — Robby Starbuck (@robbystarbuck) August 31, 2022 Historically, the … Read more

Zoltan Pozsar: Europe is facing a Minsky moment triggered by excessive financial leverage. In Germany, $2 trillion of value added depends on $20 billion of gas from Russia… …that’s 100-times leverage – much more than Lehman’s.”

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by  mark000 Eurozone about to plunge into severe recession, global markets (stock, bond, real estate, crypto, oil, commodities, currencies) going to crash, then a global financial crisis, and then…………? Zoltan: "This Is What The New World Order Will Look Like" After Europe's Minsky Moment "Where $2 Trillion Of German Value Depends On $20 Billion Of … Read more

Electric shock: Spike in U.K. energy prices push cost of running EVs above gas-powered cars

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Charging electric vehicles in Britain soon will be more expensive than filling up gasoline-powered cars thanks to soaring electricity costs — an economic switcheroo that could be a harbinger of shrinking financial benefits for Americans who go green. British energy regulators told electricity consumers to expect to pay 80% more beginning Oct. 1. The national … Read more

NBC News: “Bank of America announces zero down payment, zero closing cost mortgages for Black and Hispanic first-time homebuyers”

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View post on imgur.com Bank of America announces zero down payment, zero closing cost mortgages for Black and Hispanic first-time homebuyers Residents in select Charlotte, Dallas, Detroit, Los Angeles and Miami neighborhoods will be the first to be offered the program. “Homeownership strengthens our communities and can help individuals and families to build wealth over … Read more

What Would You Do If You Had To Go Through The Economic Horrors Of 2008 Again? (Spoiler Alert: The Next Economic Crisis Has Already Begun)

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by Michael If you knew for certain that we were about to plunge into another massive economic downturn like we experienced during the “Great Recession”, how would you respond?  The events of the second half of 2008 took almost everyone by surprise, and the vast majority of the population was completely unprepared for what happened … Read more

California going all in on Agenda 2030 and I’m not talking about rolling blackouts

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Look at this shit and the overjoyed climate tard tweeting it: Holy hell, it actually happened: California just eliminated minimum parking requirements for new housing projects within a half mile of public transit stops *statewide*! A truly incredible day for housing and climate policy in the world's 5th largest economy! pic.twitter.com/rYVTV9yutC — Jordan Grimes (on … Read more

The President of the United States of America, the man who serves as her Commander-in-Chief of the Armed Forces, has no flippin’ clue how guns work:

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Biden: “Do you realize the bullet out of an AR-15 travels five times as rapidly as a bullet shot out of any other gun? An AR-15 could vaporize an entire human body in a matter of seconds. pic.twitter.com/D1mejssug9 — Ian Miles Cheong (@ianmiles) August 31, 2022 h/t Coastie Patriot