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by confoundedinterest17 And I thought the Washington Commanders QB Carson Wentz getting sacked nine times in a game against his former team was bad! We start the week with another chapter of “The Worst Bond Bubble Burst Since 1949.” This time its the US Treasury 10yr-2yr yield curve inverted to its lowest level since 2000. Then … Read more
Italy Creates New Social Credit App To Reward Citizens For Virtuous Behavior Social credit apps, if poorly developed or used, can lead to serious limitations on, and violations of, citizens’ rights and freedoms, as well as discriminatory practices. Nevertheless, Italy has created a new social credit app to reward citizens for virtuous behavior. The “Smart Citizen … Read more
State also began mailing out absentee ballots to military voters, overseas voters and any person who has applied to receive an absentee ballot. With Congressional elections about a month and a half away, Virginians who want to cast their ballots early can begin doing so. Registered voters can cast their early ballots in person at … Read more
It should probably not be a surprise average Britons protesting against the expensive relic known as the Crown were arrested during the ostentatious funeral procession of Queen Elizabeth II. The arrests, serious violations of the natural right to peaceful protest, are to be expected from a state that has upheld a corrupt, inbred, and brutal … Read more
Democrats appear eager for someone other than President Joe Biden to be the party’s 2024 presidential nominee. A poll from ABC News and the Washington Post found 56% of Democratic-registered voters and Democratic-leaning voters want another candidate to top the ticket. The poll found only 35% prefer Biden as the Democratic Party’s 2024 nominee. The president hit new lows in approval among … Read more
The U.S. Postal Service monitored protesters across the country, snooping on Americans focused on issues involving guns and President Biden’s election, according to records obtained by The Washington Times. Postal inspectors tracked the actions of gun rights activists gathering in Richmond, Virginia; people preparing to demonstrate against police in Louisville, Kentucky, after an investigation into … Read more
Speculation CAD will drop below 60 cents this week. An historic low. Global currency in total freefall. https://www.baystreet.ca/articles/forex_trader.aspx h/t DMIX333
by confoundedinterest17 Pension funds hold large positions in US Treasuries and Agency Mortgage-backed Securities (MBS). As does America’s central bank, The Federal Reserve. All are suffering losses as The Fed fights inflation. (Bloomberg) — Week by week, the bond-market crash just keeps getting worse and there’s no clear end in sight. With central banks worldwide aggressively ratcheting … Read more
(CNN)Marnette Gordon was doing laundry at home in Minneapolis one summer morning last year when a call came from her 36-year-old son. She figured her son, Telly Blair, was checking in to see if she wanted a soda from a gas station down the street, where he often went for fuel and snacks. “Mom, I’ve … Read more
by Boo_Randy You will share a house with strangers, and you will like it. https://www.theguardian.com/global/2022/sep/25/room-to-rent-uk-housesharing-on-the-rise-due-to-energy-bills-and-living-costs Taking in lodgers and sharing meals with family and friends are just some of the ways people can bear down on heating expenses
Santelli nails it here.The one guy on CNBC who really isn’t afraid to call out what is actually happening. 🔈 pic.twitter.com/LvHBOXla1F — Wall Street Mav (@WallStreetMav) September 24, 2022
by silvertomars since Feb 2020 Fed bought $1.3 trillion MBS and now owns a whopping $2.7 trillion MBS… they will now reduce their holdings by $35 billion a month… at this pace it would take them 6.5 years to sell them all… they won’t… The Fed’s 2021 Annual Report shows there are now 1,833 placeholders … Read more
Former Trump White House press secretary Kayleigh McEnany’s meteoric rise to cable news stardom does not surprise anyone who has followed her in press conferences. A pro at fast thinking and articulation in rebuking, McEnany has what it takes to rise up as a political commentator with the likes of Hannity and Carlson…CONTINUE READING»>
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…
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.
