by Shaun Richards It was only a few days ago that I looked at the Turkish Lira and pointed out that recent moves were more like a devaluation in the era of fixed exchange-rates than one from the era of floating ones. The ordinary pattern for such things is that you get a sharp move … Read more
Link to disappearing ships story: https://www.cnn.com/2021/11/24/business/china-shipping-data-mic-intl-hnk/index.html Link to info about warnings to stockpile goods: https://www.express.co.uk/news/world/1524016/China-taiwan-war-memo-citizens-stockpile h/t Scrolling_Scroller
Popular hypoallergenic shampoo recalled over fears it could cause ‘significant infection or illness’ Product Safety Australia has recalled A’kin’s Fragrance-Free Mild and Gentle Hypoallergenic Shampoo over concerns of bacterial contamination (any of you Aussies using this?) Product Safety Australia has recalled A’kins Fragrance-Free Mild & Gentle Hypoallergenic Shampoo with batch number AW1B01 as it may … Read more
Why would they do this? That question rises inevitably from a new wave of so-called flash-mob robberies, thieves by the dozens invading retail stores to simply take what they want. It’s happened in California, Illinois, Minnesota and Maryland. Retailers ranging from Nordstrom to 7-Eleven have been hit. For some, the search for answers will be … Read more
Tucker says Alex Jones is a more reliable journalist than many of the elites in legacy media: pic.twitter.com/e0ihYfjuer — Daily Caller (@DailyCaller) December 2, 2021
by killerasp I spoke with two small kombucha vendors that we have been working with for the past 3 years and they both recently had to close their business. They have a ton of orders, but b/c of lack of aluminum cans and glass bottles, they had to close their business. They said they had … Read more
https://twitter.com/libsoftiktok/status/1466254732557643778 h/t Dan
Freight rates have fallen slightly in October, making some believe that the worst of the shipping crisis was over. Unfortunately, that hopeful perception didn’t last more than a couple of weeks because last week freight rates rapidly spiked to a new record high. In less than 7 days, the benchmark Baltic Dry Index, which measures … Read more
https://www.youtube.com/watch?v=Ghot24bzi7Y John Hanson from The Political Insider reports, On Sunday, far-left Democratic Congresswoman Maxine Waters said that Republicans were worse than “evil.” Waters made her comments on MSNBC’s “The Sunday Show.” Read More/Source/Credit/FairUse: https://thepoliticalinsider.com/far-left-democrat-maxine-waters-says-republicans-are-worse-than-evil/
https://www.youtube.com/watch?v=_w9e0WL0zGU Leah Barkoukis from Townhall reports, Virginia Rep. Abigail Spanberger said last week that “the buck stops with” President Biden when it comes to soaring gas prices. “There is a variety of contributing impacts, but certainly I think the buck stops with the president,” the congresswoman said in an interview with WRIC. “And I’m proud … Read more
In recently leaked company-wide emails, Elon Musk warned that his space exploration firm SpaceX is facing a “genuine risk of bankruptcy.” CNBC reports that in a recently leaked company-wide email, SpaceX CEO Elon Musk warned that the lack of recent progress in the development of the company’s Raptor engines has put the firm at “genuine … Read more
#recession … #Tech #Bubble 2.0 edition Jack Dorsey picked a good time to retire as #TwitterCEO… 📉 https://t.co/2ApSf4EkiX pic.twitter.com/FqBJisex5C — Invariant Perspective (@InvariantPersp1) December 1, 2021
That was one of the ugliest reversals I've ever seen. pic.twitter.com/DevtZpk8j9 — Mac10 (@SuburbanDrone) December 1, 2021 #recession … #StockMarket #Bubble edition Looks like China is leading the USA again… 📉 https://t.co/glCxGvwcym — Invariant Perspective (@InvariantPersp1) December 1, 2021 #recession … #GFC2 US #manufacturing #PMI edition Already waning after many trillions of dollars of monetary … Read more
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold retailers enjoy another good season, the Federal Reserve’s dietary recommendations for Thanksgiving, and what top analysts think of gold as an investment in the year ahead. Gold is a more popular … Read more
h/t sidward35
Authored by Charles Hugh Smith via OfTwoMinds blog, But alas, humans do not possess god-like powers, they only possess hubris, and so all bubbles pop: the more extreme the bubble, the more devastating the pop. Long cycles operate at such a glacial pace they’re easily dismissed as either figments of fevered imagination or this time it’s different. … Read more
CNBC’s Jim Cramer said Wednesday he’s not ready to sell any shares Nvidia yet, even though he recently booked some profits in two other big charitable trust winners Advanced Micro Devices and Ford. https://www.cnbc.com/2021/12/01/cramer-says-hes-not-ready-to-sell-nvidia-sees-stock-at-10-trillion-one-day.html Cramer told “Fast Money Halftime Report” he believes that Nvidia could be a $10 trillion stock one day. Shares soared 145% … Read more
