On Wire

Breaking news, updates, and reports on current events.

Orwellian Future: What The WEF Just Said At Davos Is Terrifying, And We Should All Pay Attention – Globalist Bankers Complete Control Agenda Exposed – WEF Carbon Footprint Control Linked To Bank Accounts And Internet/Travel Activity

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by ClarityofSignal Redacted You Tube channels covers the recent announcements of elite bankers at the World Economic Forum in Davos Switzerland who state that they seek to put into place a carbon footprint tracking and tracing system that will be linked to each individuals bank account, digital currency and internet activity, including travel and online search … Read more

White House Supports Making it Illegal for 18-Year-Olds to Purchase Rifles ==Then obviously 18 year olds should not be able to be in the military

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The White House on Thursday endorsed the idea of raising the legal age for Americans to purchase rifles to 21, citing President Joe Biden’s own remarks condemning the idea. A CBS reporter asked White House press secretary Karine Jean-Pierre during the daily briefing if Biden would support raising the age required to legally purchase a … Read more

The Fed has to decide between two policy mistakes says Mohamed El-Erian of Queens’ College Cambridge

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The Fed has to decide between two policy mistakes says Mohamed El-Erian of Queens' College Cambridge https://t.co/JjJqhdMyQU pic.twitter.com/A2i2Dg2rCs — BSurveillance (@bsurveillance) May 27, 2022 Peak Fed Funds pricing was Sept 23 @ ~3.4% Now it's a tie between March & June 23 @ ~2.9%. The peak should keep moving closer and lower as economic conditions … Read more

Global Famine Expected To Hit This Year, Be Prepared By This Date

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https://www.youtube.com/watch?v=6C75G0xizXE NextNewsNetwork.com reports, Many people have warned of an upcoming global food crisis. Some think it’s a conspiracy theory and refuse to listen. But just look what’s happening already in the United States, where parents can’t even find baby formula for their children. Read More/Source/Credit/FairUse: https://nextnewsnetwork.com/2022/05/24/global-food-crisis-to-hit-in-2022-say-experts/

China’s Premier Li Gives Dire Growth Warning

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GDP growth risks sliding out of reasonable range, premier says Positive growth must be ensured in 2Q, jobless rate must drop https://www.bloomberg.com/news/articles/2022-05-26/china-s-premier-gives-dire-growth-warning-in-unpublished-remarks?srnd=premium-asia ESG more important than China 🇨🇳 housing with #Copper pic.twitter.com/1qcdSGbGOW — Win Smart, CFA (@WinfieldSmart) May 27, 2022

Hard deflation in used cars.

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Hard deflation in used cars. Manheim Used Car Index has gone from 54.2 this time last year — to 9.7. (via ⁦@JohnSpall247⁩) pic.twitter.com/QsatslG7bJ — Carl Quintanilla (@carlquintanilla) May 27, 2022 Used car-related ⁦@Google⁩ search activity has plunged of late ⁦@DataArbor⁩ pic.twitter.com/HQcUBeM5ZZ — Liz Ann Sonders (@LizAnnSonders) May 27, 2022 In today's Early Look: "Short The … Read more

Hardest landing is GUARANTEED.

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We're hearing more talk of recession, but have you have heard one pundit mention there's no dry powder? The biggest economic risk and you yet no one discusses it. RAMPANT BUFFOONERY. Hardest landing is GUARANTEED. pic.twitter.com/xTSIXrv5gD — Mac10 (@SuburbanDrone) May 27, 2022 In real terms, adjusted for inflation, it's unlikely we'll see these highs again … Read more

Livelihoods in a Degrowth Economy

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by Charles Hugh-Smith The sooner we start preparing for degrowth, the better off we’ll be. A Chinese proverb captures this succinctly: By the time you’re thirsty, it’s too late to dig a well. Let’s consider livelihood options in an unsustainable economy of extremes that are unraveling, an economy that is being forced to transition to … Read more

Turkey’s lira falls beyond 16.3 vs dollar as FX need grows

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by Boo_Randy Coming soon to a Fed-debauched currency near you. Stack accordingly. https://english.alarabiya.net/business/economy/2022/05/25/Turkey-s-lira-falls-beyond-16-3-vs-dollar-as-FX-need-grows Turkey’s lira slid beyond 16.35 against the dollar on Wednesday to its weakest level since the depths of a December crisis, as analysts questioned authorities’ ability to continue steadying it without new sources of foreign currency. The lira has weakened 9 percent … Read more