U.S. Inflation-Adjusted Spending Stagnates To 0% Growth As Prices Surge (Core PCE Deflator Rises To 4.7% YoY, Highest Since 1989 Implying A Taylor Rule Rate Of 11.84%)

by

by confoundedinterest17 The core Personal Consumption Expenditures (PCE) deflator numbers for November were released this morning and the print was a whopping 4.7% YoY, the highest rate since 1989. Meanwhile, U.S. consumer spending, adjusted for inflation (aka, REAL personal spending), stagnated in November as the fastest price gains in nearly four decades eroded purchasing power. Stagnated … Read more

Yea, they’re really serious about fighting inflation….. $126B in 2 weeks when inflation is at 30 year highs.

by

https://twitter.com/NorthmanTrader/status/1474133895071383552 https://twitter.com/RetirementRight/status/1474025413248630786 "Higher prices destroy demand. If you look at actual consumption expenditures in real terms they are actually falling, especially for those that are lower income earners." Michael Green (@profplum99)https://t.co/8SF2PgmxMv — Danielle DiMartino Booth (@DiMartinoBooth) December 24, 2021 1. Stocks: all-time highs2. Home prices: all-time highs3. Wages: all-time highs4. Job openings minus unemployed persons: … Read more

TikTok now gets more hits than Google

by

Move over Google, TikTok is the world’s new most popular online destination. The viral video app gets more hits than the American search engine, according to Cloudflare, an IT security company. The rankings show that TikTok knocked Google off the top spot in February, March and June this year, and has held the number one … Read more

Japan Cabinet OKs record defense budget amid Taiwan concerns

by

TOKYO – Japan’s Cabinet approved a record 5.4 trillion yen ($47 billion) defense budget for fiscal 2022 on Friday that includes funding for research and development of a new fighter jet and other “game-changing” weapons as Japan bolsters its defense capabilities in response to China’s growing military might and its tensions with Taiwan. The 1.1% … Read more

FAA Issues Expanded Safety Warning About 5G Rollout Over “Numerous” Safety Concerns

by

Here’s a headline that’s sure to get the conspiracy theorists going: the FAA has just issued an expanded safety warning about the possibility that Verzion and AT&T’s imminent decision to turn on more 5G wireless spectrum could interfere with airplane communications as the battle to slow the rollout intensifies. It comes as the transition to 5G spectrum … Read more

JOB GROWTH? Williams-Sonoma Mass Fires Hundreds on a Conference Call 3 Days Before Christmas

by

CEO Laura J. Alber https://vidmax.com/video/209671-williams-sonoma-mass-fires-hundreds-on-a-conference-call-3-days-before-christmas https://nypost.com/2021/12/22/williams-sonoma-fires-scores-of-remote-workers-just-days-before-christmas/ https://www.thestreet.com/investing/williams-sonoma-reportedly-fires-scores-of-remote-workers-days-before-christmas Williams-Sonoma has now joined the growing list of companies that are mass firing people just a few days or weeks before Christmas. Listen as workers who were completely caught offguard scream in anger and frustration that the company they worked for has fired them just a few days … Read more

The FBI infiltrated left wing Portland protests, including in the summer of 2020 and post inauguration protests in January 2021….

by

by Settlemente I am shocked that an agency that infiltrated the Black Panthers, helped plan the kidnapping of the MI gov, and spied on MLK would still be doing COINTELPRO Larp-ing. Crazy how much destruction occurred in protests the FBI attended. Government agents were paid to stand by and record crimes while telling Americans far left … Read more

You Do Realize China Is Coming Apart.

by

by AC 1.) Evergrande etal. the other dominoes going down without help, huge debt profile. 2.) Western Corporations and Capital exiting. 3.) World hates CCP. 4.) Xi is fighting for his Empire. 5.) Big Energy & Grid problems not going away. 6.) Extreme flooding, 3-Gorges Dam possible fail or attack, 50k other dams at high … Read more

US not ready to agree to Russia’s security proposals regarding NATO – WH spox Jen Psaki.

by

US not ready to agree to Russia’s security proposals regarding NATO – WH spox Jen Psaki pic.twitter.com/HIwsH8Fy4a — RT (@RT_com) December 23, 2021 "They discussed NATO’s dual-track approach to Russia, noting the Alliance remains ready for meaningful dialogue with Russia, while standing united to defend and protect Allies," adds @StateDeptSpox. — Steve Herman (@W7VOA) December … Read more

110 Million People Traveling to Spread the Omicron

by

by Chris Black They’re telling you that you can travel, then they’re going to tell you that because you travelled, you spread the deadly Omicron everywhere, and now it’s time to be punished. This is painfully obvious. The americans are crazyhttps://t.co/CaZ5nr8OSq — ThePirateSax🦔 (@ThePirateSax) December 23, 2021 And then there’s this: https://twitter.com/disclosetv/status/1473760945088442373 Here’s the deal, … Read more

China Controls US Tech and Here’s Proof

by

by Chris Black This is why we need to massively divest from China. Companies are so dependent on Chinese labour that they are forced to cuck out when they upset the CCP. Australia is in a similar bind as it’s so dependent on certain natural resource imports from China to power its economy, now China … Read more

Germany Gets Back to Basics, Censors RT Deutsch

by

by Chris Black You may argue that the US is in bad shape lately, but no place exercises more painstaking control over the information its citizens can access than Germany. This is what democracy’s all about. These are our values. Germany takes Russia's RT Deutsch off air within days of launch https://t.co/NhiC8ZbNHM pic.twitter.com/jZ0NMkQIrM — Reuters … Read more