Did China just nationalise Evergrande??!! Possible major debt default looms

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China Evergrande must meet its target of delivering 39,000 units of apartments in December, says the firm's chairman https://t.co/puDQfbvD2J — Bloomberg (@business) December 27, 2021 #China confirmed to be going down into crisis. Chinese property stocks tumbled close to a new five-year low after a series of asset sales underscored concern that equity investors will … Read more

FOMO Housing Market: October Home Prices “Slow” To 19.08% YoY As Mortgage Rates Rise (Phoenix Fastest At 32.3% And Minneapolis And Chicago Slowest At 11.5%)

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by confoundedinterest17 There is a lot going on in the US housing market. Excessive monetary stimulus keeping mortgage rates low, historically low inventory available for sale, and FOMO (fear of missing out … on rapidly rising home prices). The Case-Shiller repeat sales index for October is out … and the national home price index “slowed” to 19.08% … Read more

James Smith, ’till 2020 CEO of R(EU)TERS, also a board member of Pfizer! UPDATE: Also a seat in the Economic Council of the World Economic Forum!

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  Well, Well Well…. Looks like we have another Coincidence…James C Smith, board member of Thompson Reuters, "The Big Fact Checkers" and is Coincidentally on the board of Pfizer….🧐👊 pic.twitter.com/GcbEz3uBHA — Veritas Vox (@veritas__vox) December 25, 2021 UPDATE: James Smith was CEO of the Thomson R(eu)ters news agency from 2012 to February 2020 and is … Read more

Plane crash in Lakeside area of San Diego – Chilling audio – you can hear the pilot screaming “…oh shit! oh shit!”

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Chilling audio of air traffic radio from Learjet N880Z – you can hear the pilot requesting clearance to land then screaming "…oh shit! oh shit!," before the transmission went silent. Authorities confirm the plane that crashed is a Learjet. No official word on fatalities. pic.twitter.com/yGXrSuZJ0A — Malik Earnest (@MalikEarnest) December 28, 2021 https://breaking911.com/breaking-airplane-crashes-in-san-diego-county-neighborhood-heres-what-we-know/ h/t dr0id

The Invisible President

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by Martin Armstrong Where is the American president? No one has done more to stay out of the public eye than Joe Biden. Biden quickly passed 76 executive orders during his presidency, yet only speaks to the public on rare occasion. The Federalist noted that Joe Biden has appeared for a mere 18 interviews this entire year. … Read more

Alexa gives a little girl a LETHAL challenge as a “game”!! Is this Robots uprising?

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The challenge is simple,” said Alexa. “Plug in a phone charger about halfway into a wall outlet, then touch a penny to the exposed prongs.” “I was right there and yelled, ‘No, Alexa, no!’ like it was a dog,” said Livdahl, a writer and a worried mother. https://www.bleepingcomputer.com/news/technology/amazon-alexa-slammed-for-giving-lethal-challenge-to-10-year-old-girl/ From BBC!!! Amazon has updated its Alexa … Read more

Rep. Jim Jordan: Republican Majority House Will Investigate Fauci, Gain of Function, and Lab Leak

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He will have to bypass certain RINOs who will undoubtedly stand in the way of this much needed investigation “Rep. Jim Jordan (R-OH) on Monday told Alex Marlow, host of the Breitbart Daily News podcast, that Republicans, if elected to a majority in the House of Representatives in November, should investigate Dr. Anthony Fauci — … Read more

ON RRP: A Deep Dive. The usage of RRP facility is being used to not invest in private firms, and is being used to prop up FFR, which in turn props up the USD. The MMFs are protecting themselves by parking their cash in a risk-free ON RRP facility, while helping the Fed prop up the USD.

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by laflammaster Found something interesting today – a 2015 paper on Overnight RRP as a Monetary Policy tool. https://www.federalreserve.gov/econresdata/feds/2015/files/2015010pap.pdf ​ What this looks like is an economic analysis, and will explain the nature of RRP. Indeed, it confirms that the use of the ON RRP facility is indeed being used to control the FFR, which controls … Read more

Inflation Has Created a Once In a Lifetime Opportunity

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By Graham Summers, MBA Yesterday, I outlined the dark truth about the economic shutdowns of 2020. That truth? That the shutdowns have unleashed an inflationary tidal wave. Central bankers have been trying to create inflation for years. They’ve printed over $20 trillion in new money. And they’ve cut interest rates over 800 times. But inflation … Read more