TRANSITORY INFLATION they said. Inflation rises to 39 year high and real wage growth falls to -1.9%!

by

U.S. inflation rate swells to 39-year high of 6.8%. Americans paying higher prices for almost everything The numbers: The cost of living climbed again in November and drove the rate of U.S. inflation to a nearly 40-year of 6.8%, putting more pressure on households as they confront rising prices of gas, food, cars, rent and so … Read more

Fauci/Niaid signed private vax agreements before pandemic

by

This is massive news! Dr Fauci / NIAID signed a private and confidential vaccine agreement weeks BEFORE we knew about the pandemic. Deary me the plot thickens. https://t.co/2u5kHWiOdO — Lewis Brackpool (@Lewis_Brackpool) December 9, 2021 Anyone have anything that might support or nullify this assertion? h/t westcoastjan

Cryptocurrency Scams Exploding Across America

by

From Birch Gold Group Investing in cryptocurrency definitely means taking on risks. There’s an inherent volatility in this new asset class. Every time Elon Musk tweets, the crypto marks might surge or plummet 20%. Further, there’s a definite flavor of the Wild West in cryptocurrency exchanges, an aura of reckless enthusiasm cloaked in mystique. A lot … Read more

When Fiat Currency Stops Being Money

by

by Daniel Lacalle via Mises Most emerging and developed market currencies have devalued significantly relative to the United States dollar in 2021 despite the Federal Reserve’s aggressive monetary policy. Furthermore, emerging economies that have benefitted from rising commodity prices have also seen their currencies weaken despite strong exports. As such, inflation in developing economies is much higher than the already elevated … Read more

Meet the new US attorney for Massachusetts….

by

New Biden Federal Prosecutor, Rachael Rollins, Threatens Journalist in Racially Charged Rant A freshly confirmed US federal prosecutor for the district of Massachusetts exploded in a racially charged rant at journalists near her home in Suffolk County, appearing to threaten a reporter and cameraman with Boston 25 News. Rachael Rollins, who was just confirmed in … Read more

George Soros Caught Funding ‘Abolish Police’ Activist Network

by

Far-left billionaire George Soros has been caught pumping millions of dollars into a dark money hub that supports activists pushing for police forces to be abolished, grant records have revealed. Explosive newly-obtained payment logs show that, in 2020, the Community Resource Hub for Safety and Accountability (CRH) received a staggering $3 million from Soros’ nonprofit … Read more

Authoritarian menace Fauci says individual rights don’t matter and people should be forced to take the jab

by

Fauci: "I would prefer, and we all would prefer that people would be voluntarily getting vaccinated, but if they're not gonna do that, sometimes you've got to do things that are unpopular, but that clearly supersede individual choices…" pic.twitter.com/yxbOw9cwKw — The Post Millennial (@TPostMillennial) December 8, 2021

Apple’s self-driving car project loses three more key engineers after a string of management departures

by

Apple’s chief engineer for radar systems, Eric Rogers, left for Joby Aviation, a company working on electric aerial ridesharing. Alex Clarabut, an engineering manager for the battery team, and Stephen Spiteri, a hardware engineering manager, both joined Archer Aviation, a company that is developing an air taxi. According to Bloomberg, Apple has lost six members … Read more

Jim Kramer Says: ‘We Have The Strongest Economy I’ve Ever Seen’ After White House Begs For Favorable Coverage

by

CNBC’s Jim Cramer: “Today we have the strongest economy, perhaps, I’ve ever seen.” pic.twitter.com/AlM1qem7F9 — The Post Millennial (@TPostMillennial) December 9, 2021 Some news in @ReliableSources: Senior White House and admin officials have been holding briefings with major newsrooms over past week as they try to reshape economic coverage. https://t.co/s3tNP28Lae pic.twitter.com/REvVzLKlXv — Oliver Darcy (@oliverdarcy) … Read more

Evergrande Needs To Declare Bankruptcy

by

by Scrolling_Scroller Looks like the process is moving along! LFG!!! Link to tweet of official declaration from the Shanghai stock exchange: Yanghe announced on Shanghai Stock Exchange that Evergrande defaulted to pay the principal and interest of a financial product due to the date on Nov.29 and the total is 72.5m RMB. It's a piece … Read more

IT’S HAPPENING! GET OUT OF THE MARKET WHILE YOU CAN. EVERGRANDE DEFAULT. MASSIVE CALL FOR A SELLOFF

by

https://www.youtube.com/watch?v=i4ROry9QMGk It happened. Evergrande, the ship that watchers in the economic realm have been waiting to watch sink has finally started taking on water. It is official according to fitch ratings, Evergrande has defaulted on its debt. As part of the The credit ratings agency’s acknowledgement which has far reaching implications, the industry has downgraded … Read more