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by sundance You do not need anyone to affirm that Main Street is in trouble, you can see it all around you. Inflation is crushing blue-collar and white-collar workers as prices continue to rise on essential goods. Consumer spending is now prioritized around the higher cost of housing, energy, gasoline and food. Family earnings are spent … Read more
by OldEffective9726 The sectors: dollar store, coz people will be poor pharmaceutical companies, coz of diseases going rampant game rental companies, coz people so poor they cant buy games only to rent or exchange rental real estate, coz people wont be eligible for a mortgage online conference, coz companies have no money for business travel … Read more
by Boo_Randy The central bankers’ insane housing bubbles are starting to burst. Trillions in fake “wealth” created by the tsunami of central bank funny money is going to be vaporized. https://www.macrobusiness.com.au/2022/06/sydneys-house-price-crash-has-arrived/ The latest data suggests that Sydney’s house price crash has begun. CoreLogic’s daily dwelling values index has Sydney leading the nation’s dwelling downturn with … Read more
https://www.youtube.com/watch?v=oVGGVHJrZSg Gary Franchi From NextNewsNetwork.com reports, On Wednesday, Joe Biden admitted to not taking the baby formula problem seriously enough when it first happened and got visibly caught off guard when asked about the timeline of his response to the crisis. His remarks came after a meeting with formula manufacturers.
https://www.youtube.com/watch?v=2lMQKOyxh6w Supply chain problems are getting dramatically worse, aggravated by persistent port congestion and shipping delays, as well as a growing imbalance between container demand and available capacity. To make things worse, businesses are already facing another spike in shipping and freight rates as peak season approaches. Challenges keep piling on, and executives are warning … Read more
by Martin Armstrong Saving money has become impossible for many amid 40-year high inflation. According to data from the US Bureau of Economic Analysis, the personal savings rate reached 4.4% in April after steadily declining from the 6% level seen in January. This marks the lowest rate on record since September 2008 amid the Great Recession. … Read more
That the Pentagon would lose track of where these dangerous weapons and this huge amount of cash were going was as predictable as it was dangerous. All Dems, including the Squad, didn't care, and thus did their duty and voted YES. And yet again, look what we have: pic.twitter.com/6uMvIbXF5G — Glenn Greenwald (@ggreenwald) June 3, … Read more
by lboog423 Corporations love to virtue signal about their “values”, but if it affects their bottom line with other countries, then those values don’t seem to matter any more. That’s because they never believed in them to begin with.
by StonkBrothers2021 I am from the Balkans and I gotta tell you that I see a lot of signs of labour shortage here. I live in Sofia, a 2 million city where the IT and contact centre industry is very strong. I’ve been seing a lot of agressive hiring by many of those companies. They are … Read more
by Violated_Norm “We will keep changing the rules until the game gives us a win”
by thunderousqueef Tiger global: -50%+ Melvin Capital: -25%+, shutting down. Altimeter: -$17B+
by Martin Armstrong Unfortunately for Biden, the Great Unwashed is not gullible enough to accept his explanation that Putin is to blame for inflation. A Convention of States Action/Trafalgar Group survey found that most respondents (59.9%) believe Biden’s policies are the “leading contributor” to rising prices. Around 87.9% of Republicans and 61.1% of Independents cited Biden … Read more
TOPICS AND TIMESTAMPS: Big 0:00 Paycheck To Paycheck 0:19 Fed Panic 4:40 Looming Event 10:20
by _V_L_ “I happen to be in the morbidity business; I'm the CEO of a large insurance group, and we underwrite morbidity risk … Based on what it is we are seeing, the rates right now, excess mortality at 84%, and excess every kind of disease at 1100%"– Todd Callender pic.twitter.com/PkJMgLmVVn — Project TABS … Read more
by Boo_Randy This one makes Little Red Lyin’ Hood look almost competent. Is there a single person in this clown-car administration who is remotely capable of telling the truth? https://www.dailymail.co.uk/news/article-10876541/Jean-Pierre-says-no-idea-Biden-didnt-know-formula-crisis-two-months.html
https://youtu.be/7aiaTzDPqQ0 h/t Insider1183
by dspaulding166 It seems that Friday, June 3rd, Deutsche Bank London Prime Brokerage, amongst 4 total accounts being terminated, will close up shop. Attaching DTCC link for reference, filed May 31st: DTCC Filing Accounts are as follows: DBTCA/DB AG LDN B CHEYNE SPEC’L SIT FD Deutsche Bank Trust Company Americas / Deutsche Bank AG … Read more
by Boo_Randy Meanwhile, in China, more dominoes are getting ready to topple over. https://www.macaubusiness.com/sp-downgrades-chinese-state-backed-developer-greenland/ Ratings agency Standard & Poor’s on Monday downgraded Chinese state-backed property developer Greenland over fears the company would default on a bond payment. Since a government drive to curb excessive debt in the property sector, China’s developers have sagged under the … Read more
by Lumberjack_Thunder Lisa Braganca on twitter: https://twitter.com/LisaBraganca/status/1532069031955427330
A global picture of inflation. pic.twitter.com/18Hoah2VJg — Daniel Lacalle Official Account (@dlacalle_IA) June 2, 2022 According to the IMF, the percentage of international currency reserves denominated in dollars has fallen below 59% to a NEW LOW of 58.81%. The monetary order is changing. — Gold Telegraph ⚡ (@GoldTelegraph) June 2, 2022 Pres. Buhari likes to … Read more