On Wire

by Boo_Randy If the complacent sheeple realized their pension funds, and our entire financial system, were a house of cards, how many of them would be stacking the shiny? https://www.dailymail.co.uk/money/markets/article-11276197/LDI-not-designed-withstand-ferocity-gilt-market-sell-off.html A banker who helped to design the pension investment strategy that nearly collapsed last week said it was not designed to withstand the ‘ferocity’ of … Read more

  “Jim Eagle” Has Landed: A Federal Court Declares Georgia Election Law Entirely Constitutional Below is my column in Fox.com on the recent decision finding the Georgia election law constitutional. That was the law widely denounced by President Joe Biden and other Democratic leaders as unconstitutional as a “new Jim Crow” law. The media repeated … Read more

Mortgage rates continue to fill the headlines as the fallout from the Chancellor’s tax cutting mini-Budget hits borrowing costs. While the Government has now reversed its decision to cut the 45p top rate of income tax for high earners, last week’s announcement has plunged the mortgage market into disarray. Some lenders have pulled rates from … Read more

Necessary groceries like sugar, honey are up ahain! Sugar was 0,79 euros last week, today its 1,29euros thats 65% right? No end in sight. Don’t get mislead, it’s not only sugar honey and cookies on the rise.. https://www.focus.de/finanzen/news/supermaerkte-ziehen-preise-an-zucker-kostet-65-prozent-mehr-honig-30-prozent-und-kekse-20-prozent_id_158947062.html h/t Phoenixe2

Norway does not recommend COVID-19 boosters to healthy individuals <65 years of age this autumn. https://t.co/jTj6WvQFdp — Christine Stabell Benn (@StabellBenn) October 3, 2022 h/t Limpan

Guest Post by MN Gordon from his blog Economic Prism: When the [credit] delusion breaks, people all with one impulse hoard their money, banks all with one impulse hoard credit, and debt becomes debt again, as it always was.  Credit is ruined.” – Garet Garrett, 1932, A Bubble that Broke the World Down, Down, Down Third … Read more

Interesting fact: Last time silver went up as much as today was November 2008. That was the bottom and silver went up 400% in the next two and a half years. pic.twitter.com/ei5hBiA4CM — Otavio (Tavi) Costa (@TaviCosta) October 3, 2022

I’m not one to usually be left speechless but… pic.twitter.com/S1L6CGdQHW — Tayler Hansen (@TaylerUSA) October 3, 2022

Another person outsmarted a state government trying to confiscate firearms via a gun buyback program with merely a 3D printer and PLA filament. A man named “Kem” printed 110 firearms on a $200 printer he got for Christmas and turned them into a gun buyback program held at the Utica Police Department in Oneida County, … Read more

https://twitter.com/SpacePirate144/status/1576822182780764160

They JUST NOW wrapped up the liquidation of the Lehman Brothers bankruptcy Sept 28, 2022 Just in time for the next round … pic.twitter.com/axydPTkjgz — Wall Street Mav (@WallStreetMav) October 3, 2022 Credit Suisse is doing a lehman brothers on Monday There are some serious rumours doing the rounds about a major bank failure https://www.forexlive.com/news/there-are-some-serious-rumours-doing-the-rounds-about-a-major-bank-failure-20221002/ … Read more

Energy prices for millions of households across the UK rose on Saturday. Soaring power bills amid the worst cost-of-living crisis in a generation led to a continuation of growing discontent ahead of the dark winter. Thousands of Brits marched in London and other metro areas this weekend in protest of being thrown into energy poverty … Read more