Greece Rolled Out Digital I.D Last Week

While it appears the wallet is only being used as a substitute for driver’s licenses and other basic ID cards, the government states that they intend to expand the wallet to be more all-encompassing. “In the future, more documents are going to be added to the application, such as registration details, registration fee payment details, vehicle … Read more

Food Crisis: Russian Wheat Harvest Downgraded.

https://www.rt.com/business/560287-global-food-security-concerns-explainer/ Russian Agriculture Minister Dmitry Patrushev warned on Friday that the ministry sees risks of the country’s grain harvest target not being reached this year. The amount of grain harvested across Russia so far is lower than this time last year, he said. This could force the ministry to review its plans for grain exports, … Read more

US Treasury Yield Curve Inversion Worsens Screaming Impending Recession, 30Y Mortgage Rate Rises To 5.6% (5/1 ARM Rate Rises To 4.21%)

by confoundedinterest17 Here is your weekend update on Treasury and Mortgage markets. The current US Treasury 10Y-2Y yield curve just slipped further into reversion at -40.299 basis points, screaming impending recession. Oddly, The Federal Reserve has been leaving its balance sheet of Agency Mortgage-backed Securities (MBS) in tact (green line). On the mortgage front, Bankrate’s … Read more

End the emergency declaration, the PREP Act, and all mandates!

On the same day Biden tests positive for COVID he says he’s coming to Kentucky, while Senate democrats admit they’re not testing themselves for COVID, because they will come to work even if they’re COVID positive. End the emergency declaration, the PREP Act, and all mandates! https://t.co/vxrtQI5omz — Thomas Massie (@RepThomasMassie) August 5, 2022 He … Read more

Watch India in this world war…

(CNN)The United States is to take part in a joint military exercise with India less than 100 kilometers (62 miles) from the South Asian country’s disputed border with China. The military drills will be held in mid-October at an altitude of 10,000 feet in Auli in the Indian state of Uttarakhand and will focus on … Read more

The World Is Collapsing Around Us And The Crowd Is No Longer Hedged

"Danger ahead: The U.S. economy has yet to face its biggest recession challenge" https://t.co/oKBTBx94yC — In Mar 2000, the economy added what was a 30-mo high of 472K jobs as the yield curve inverted by nearly 50bps. Then this 👇 happened. What we're seeing is NOT unprecedented pic.twitter.com/cT0i89Ynjn — David Settle, CMT (@davidsettle42) August 5, … Read more

Chinese military has gone radio silent with U.S. military. Has been seen positioning DF-26 ballistic missiles on mainland.

China has ceased communications with U.S. forces at the regional level and has been seen positioning it’s missile systems on the mainland. DF-26 has low-yield nuclear threshold and also the famed “Carrier Killer.” Chinese war doctrine is that the low-yield nukes would be a preclude to Taiwan invasion in order to counter potential U.S. low-yield … Read more

The Rise Of ‘Constitutional Carry’ Is A Sign Of Failing Trust In Government

(ZeroHedge) Come next January, Alabama will be the 25th state to allow the carrying of concealed weapons without a permit. Alabama will soon join Indiana which in March of this year passed a new statute allowing permitless concealed carry in that state—sometimes called “constitutional carry.” In 2021 alone, at least six states passed their own … Read more