Why Some People Will Suffer from Social Security “Sticker Shock” in 2022

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Via Birch Gold Mainstream media has been making a big deal about Social Security’s cost-of-living-adjustment (COLA) for next year. “Biggest jump since 1983,” according to at least one source. While it’s a fact that the 5.9% COLA is substantial when compared to prior years, once inflation is factored in, beneficiaries will experience “sticker shock.” Let’s take … Read more

Jason Burack: New Changes To Inflation Formulas Coming Soon To Hide More Inflation

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Wall St. For Main St., Released on 12/11/21 Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982 https://www.cnbc.com/2021/12/10/consu… Surging prices for food, energy and shelter accounted for much of the gains. Shadow Stats Alternate CPI (using old inflation formulas): http://www.shadowstats.com/alternate_… Rents are increasing at a breakneck speed nationally: These smaller cities have … Read more

Bond Traders Stare at Worst Real Returns Since Paul Volcker Era Thanks To Inflation (The Fed’s Famous Chili!)

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by confoundedinterest17 Inflation-adjusted return of Treasuries fell to lowest since the 1980s. For bond investors, this is their version of Kevin’s Famous Chili from The Office! Or The Fed’s Famous Chili! (Bloomberg) — Treasury investors are losing more money than they have in four decades, once inflation is taken into account. And if markets are right, they’re unlikely … Read more

This lending is as risky as a hand of blackjack…

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Holding onto crypto assets is risky, but some companies increase the risk by allowing people to lend their coins. Companies like Celsius offer yields of over 6% for these loans. With no govt regulation, this lending is as risky as a hand of blackjack.https://t.co/SoNvcY7zxj — Steve Hanke (@steve_hanke) December 13, 2021

SPX made a new all time closing high on Friday. Equal weight? Not so much. At March levels.

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https://twitter.com/NorthmanTrader/status/1470401466863136771 #Apple is just 2% away from a $3tn stock market cap. If Apple were a country, it would rank 5th in size behind the #US, #China, #Japan and #Germany. Find out what's behind Apple's surge in today's @welt Podcast AAA. Make sure to listen to it! https://t.co/O8HtvGhKtH pic.twitter.com/wrkstbs8dJ — Holger Zschaepitz (@Schuldensuehner) December 13, … Read more

This is Crazy: 25% Of NY Fed Survey Respondents See Inflation At 9.7% Or More In 1 Year… German Finance Minister Lindner: We See The Risk Of Rising Inflation In EU And World

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This is crazy: 25% of NY Fed survey respondents see inflation at 9.7% or more in 1 year pic.twitter.com/ww2v1OZIQb — zerohedge (@zerohedge) December 13, 2021 German Finance Minister Lindner: We See The Risk Of Rising Inflation In EU And World — LiveSquawk (@LiveSquawk) December 13, 2021 Thanks Joe Biden pic.twitter.com/eX6zZjA1EO — Dr. Richard Harambe (@Richard_Harambe) … Read more

If Fox is crazy sauce – CNN is creepy sauce

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“Fox News is a crazy sauce” 🤣🤣🤣 https://t.co/EYwDAghQmZ pic.twitter.com/V3LDAE2IDB — Dr. Richard Harambe (@Richard_Harambe) December 12, 2021 https://t.co/WDlBZ0fUN5 pic.twitter.com/X6LHiMCLvI — Dr. Richard Harambe (@Richard_Harambe) December 13, 2021 https://t.co/muoZZaKkot pic.twitter.com/FG2pgHZnB2 — Dr. Richard Harambe (@Richard_Harambe) December 11, 2021

It seems speculation and bailout are no longer on the table…..

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*China #Property names face huge selling pressure again Monday after "housing is for living not for speculation" was added back to the Central Economic Work Conference statement published Friday which is seen as the general policy guideline for the housing sector. #Evergrande pic.twitter.com/qneHg9ocbd — ChinaPropertyFocus (@ChinaPropFocus) December 13, 2021

Chicago to sue Jussie for $130,000…

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Disgraced Actor Jussie Smollett Faces A $130,000 Lawsuit From City of Chicago For Wasting Their Time.. https://t.co/hVQ49ihh8E#Chicago #JussieSmollettTrial #TrapPolitics pic.twitter.com/7SXX5QgTer —  Trap.Politics ™️ (@TrapPoliticsTV) December 12, 2021 Embattled actor Jussie Smollett is set to face a $130,000 lawsuit from the City of Chicago — and more legal trouble from the brothers he hired to … Read more

Six Amazon workers dead, no hope of more survivors after tornadoes destroy Amazon warehouse

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https://www.reuters.com/world/us/injuries-reported-after-roof-collapse-amazon-warehouse-illinois-ap-2021-12-11/ Six Amazon.com Inc (AMZN.O) workers were confirmed dead on Saturday after a series of tornadoes roared through a warehouse near St. Louis, ripping off its roof and causing 11-inch thick concrete walls longer than football fields to collapse on themselves. At least 45 Amazon employees made it out safely from the rubble of the … Read more