Breaking news, updates, and reports on current events.
by confoundedinterest17 We have the achy-breaky Fed. The Federal Reserve is facing an interesting problem. On the one hand, they vow to fight inflation by raising their target rate. At the same time, the probability of a recession in one year has grown to 50%. Bankrate’s 30yr mortgage rate rose 31 basis points over the past … Read more
by confoundedinterest17 The phrase “crossing the Rubicon” is an idiom that means that one is passing a point of no return. Its meaning comes from allusion to the crossing of the river Rubicon by Julius Caesar in early January 49 BC. Indeed, the US crossed the FISCAL Rubicon in Q4 2012. That is when US Treasury Public Debt outstanding exceeded Real … Read more
by Chris Black Keep in mind Vanguard is only second to Blackrock. They manage over $7 trillion in client assets and they are spearheading some of this shit like ESG and DEI with Blackrock. Here is hired “diversity consultant” Laura Sherbin doing an internal company session geared toward ensuring that white men and white male … Read more
Sen. Ron Johnson Issues a Plea to All Doctors and Nurses: "Put an End to This Insanity" pic.twitter.com/IJe4SMlczB — Eleanor Mcgee (@nurseforethics) August 21, 2022
BREAKING: Dr. Fauci RESIGNShttps://t.co/JrqwYlHftW — E (@ElijahSchaffer) August 22, 2022 The #FauciResignation #FauciResigns timing is not a coincidence. Expect more breaking news and many whistleblowers from NIH and CDC very soon. They handled everything very badly, and most likely in a criminal way, not to mention the damage done by these vaccines.🙏🏽🙏🏽🙏🏽 pic.twitter.com/XdL2Yx6AYP — HipHopThinker♦️🎄 … Read more
by Charles Hugh-Smith The Fed and other central banks have zero control of supply-driven inflation, period. America’s financial punditry is bewitched by four fatal fantasies: 1. Inflation is demand-driven. If the Federal Reserve (or other central banks) reduce demand with monetary tools like raising interest rates, inflation will cool. 2. Substitution of high-cost goods with … Read more
The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the housing bubble burst about 15 years ago, per Bloomberg. — unusual_whales (@unusual_whales) August 21, 2022 Current drawdown for @MBAMortgage mortgage applications index … Read more
Bill Holter interviewed on USA Watchdog by Greg Hunter Precious metals expert and financial writer Bill Holter says, “nothing is getting better” and points out the proof is everywhere that we are clearly headed for a financial calamity, the likes of which we have never seen before. Holter, who is also a precious metals broker, is seeing a big … Read more
by: Clint Siegner People fighting for liberty, limited government, and honest money may have an unlikely ally according to Tom Luongo of the Gold, Goats N Guns blog. He recognizes a split in the monolithic powers running the world. Commercial banks may not be on board with the effort to establish a socialist world government. Major Wall … Read more
Denied entry for political views. What next, only registered Democrats allowed in certain countries? #BREAKING: I've just been DENIED entry to New Zealand to report on an anti-government protest. It follows a targeted campaign by the NZ media which immigration officials cited as the reason behind their decision. I need your help to fight back. … Read more
Flash Flooding Across Arizona, Utah and New Mexico A hiker in Utah is missing after flash floods hit Zion National Park. Torrential rains have caused flooding across many Western states. https://www.usatoday.com/videos/news/nation/2022/08/22/torrential-rain-causes-flash-floods-across-utah-arizona-new-mexico/7863438001/ https://www.nytimes.com/2022/08/21/us/zion-missing-hiker-flood.html AC
Colorado residents were impacted by a late-spring storm on Friday, with snow falling and temperatures plummeting. Late Saturday morning, power outage tracker PowerOutage.US showed 115,113 without power in the state. The storm postponed Friday’s Major League Baseball (MLB) opener between the New York Mets and Colorado Rockies in Denver. Fox Weather reported that the temperature dropped nearly … Read more
by J-TownVsTheCity
by GerardDeBreaker No wonder TYT hired her. Her stupidity is right up their alley.
by Boo_Randy More extend & pretend by the PBOC. https://www.marketwatch.com/story/china-cuts-benchmark-loan-prime-rate-to-boost-faltering-economy-271661131554?mod=mw_latestnews China cut its benchmark loan prime rate on Monday, a move that will provide more support for the slowing economy after the central bank lowered two other key policy rates last week. China’s one-year loan prime rate, which is offered to banks’ best clients, was … Read more
Doug Noland with Jason Burack of Wall St For Main St Jason Burack of Wall St for Main St interviewed returning guest, long time hedge fund analyst and global macro blogger, Doug Noland. During this hour+ long interview Jason asks Doug about imploding credit bubbles all over the globe, central banks outside the US hitting their limits, asset prices … Read more
via pjmedia: New CNN chairman and CEO Chris Licht is not to be envied. He has taken over a cable news network that is bleeding profits and viewers with little prospect of improvement anytime soon. Licht discovered, to his horror, that the network was massively dependent on Donald Trump for ratings. Without Trump to headline CNN’s … Read more
