The Fed is effectively “fighting the last war,” BofA global economist Ethan Harris said…. The next recession could come courtesy of the Fed

Federal Reserve officials could be placing too much emphasis on the past when trying to guide the U.S. economy into the future, according to a Bank of America analysis. https://www.cnbc.com/2021/10/21/bank-of-america-says-the-fed-is-playing-with-fire-by-downplaying-inflation-and-needs-a-new-playbook.html Central bankers are in a precarious spot in this chaotic …

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GAS HITS $7.59 IN CA TOWN

GORDA, Calif. (KABC) — Gas keeps getting more and more expensive, especially in California. But perhaps nowhere is it pricier than the remote central coast community of Gorda. The town’s only gas station is offering regular unleaded for $7.59. Premium …

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Biden has recently said taxes will go up. But though Biden speaks a big game on tax, politicians (including Pelosi, Biden, and McConnell) have only voted one way on taxes: to lower them for the top 1%.

Biden has recently said taxes will go up. But though Biden speaks a big game on tax, politicians (including Pelosi, Biden, and McConnell) have only voted one way on taxes: to lower them for the top 1%. Don’t believe me? …

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Charles Hugh Smith: America Is Now a Kleptocrapocracy

by Charles Hugh Smith I hope everyone here is hungry because the banquet of consequences is being served. I’ve coined a new portmanteau word to describe America’s descent: kleptocrapocracy, a union of kleptocracy (a nation ruled by kleptocrats) and crapocracy, a nation …

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Evergrande crisis: clock ticking as crucial debt default deadline looms. A default by the property giant could have far-reaching consequences for China and global economy

The rescue of embattled Chinese property company Evergrande appears to have stalled, leaving the developer on the brink of default and threatening to unleash contagion through the country’s giant real estate sector, home prices and the economy. The problems enveloping …

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Chinese real estate developers have used off-balance-sheet vehicles to borrow money. Nearly every developer has borrowings in disguise.

by KoreanBoyscout https://www.reuters.com/world/china/what-lies-beneath-hidden-debt-fears-feed-chinas-property-woes-2021-10-20/ “Nearly every developer has borrowings in disguise. The sector’s debt problem is worse than what you see,” said He Siwei, attorney at Hui Ye Law Firm. Chinese developers owed 33.5 trillion yuan ($5.24 trillion)through various channels at …

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Florida Ports are Open for Business

by Martin Armstrong Florida’s Governor Ron DeSantis proudly announced: “Florida ports are open for business!” The Jacksonville Port Authority (“Jaxport”) is on board and has received a record number of containers at 1.4 million this fiscal year alone. Jaxport CEO …

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NATO: Cognitve Warfare: “individual cognitive abilities will no longer be sufficient”

View post on imgur.com https://www.innovationhub-act.org/sites/default/files/2021-01/20210122_CW%20Final.pdf Executive Summary: As written in the Warfighting 2040 Paper, the nature of warfare has changed. The majority of current conflicts remain below the threshold of the traditionally accepted definition of warfare, but new forms of …

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Shocking Glimpse Into Life After The Great Reset – World Economic Forum’s Sinister Plans (Videos)

I emphasize the word PLANS…. these 12 short vids are their fantasies. does give new meaning to the term PLANdemic – an epidemic of sick plans…. https://rairfoundation.com/shocking-glimpse-into-life-after-the-great-reset-world-economic-forums-sinister-plans-videos/ The Elites want to dictate every aspect of your life from what you …

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