US markets continue to get weaker and more fragile. Liquidity continues to concentrate off exchange.

US markets continue to get weaker and more fragile. Liquidity continues to concentrate off exchange. This issue gets ignored during big bull runs but will become acute as soon as the selling starts. Feedback loops will be disastrous. pic.twitter.com/KAChQTtEE3 — Dave Lauer (@dlauer) November 29, 2021 Off exchange liquidity trading means private entities complete a … Read more

Lower than 2008…

  Lower than 2008 https://t.co/D5MubkBP2b — Financelot (@FinanceLancelot) November 29, 2021 Perfect example of why cost-push inflation destroys consumer confidence and the high input costs lead to slowing growth, eventually resulting bankruptcies and unemployment rising. Cost-push badDemand-pull good — Financelot (@FinanceLancelot) November 29, 2021 It’s Black Friday, ‘70s-Style. “Strawberry prices go up in the fall because … Read more

Why I don’t trust the US Dollar – Robert Kiyosaki

The Rich Dad Channel, Released on 11/27/21 In this Twitter update, Robert Kiyosaki expounds on his tweet: “Biden & Fed RIPPING OFF POOR PEOPLE. The US sliding into depression. BIDEN & FED need inflation to prevent New Depression. Inflation rips off the poor. Inflation makes the rich richer. Biden and Fed corrupt. Prepare: Giant crash … Read more

End of an era: Barbados becomes a Republic – China invests half a billion dollars there

Prince Charles landed in Barbados last night ahead of a historic ceremony removing his mother, the queen, as head of state after 55 years. The Caribbean island will become the world’s newest republic as it swears in its first president, Governor-General Dame Sandra Mason, on Tuesday Chinese pressure is said to be fuelling a drive … Read more

Dems Driving Up Energy Prices on Purpose

The Democrat agenda depends on deliberately driving up energy prices in order to make their green energy boondoggles appear less outrageously wasteful and destructive than they really are. That approach has been painfully obvious from the beginning of the Biden administration, which has done everything possible to drive up the cost of energy by throttling … Read more

The rich may pay less tax in 2022 with Democrat’s “Build Back Better” Bill

The Build Back Better Act that House Democrats passed Friday has tax provisions with different start dates and duration. Households’ tax bills may vary greatly from year to year, especially from 2022 to 2023, if the legislation succeeds. The roughly $2 trillion climate and social policy measure House Democrats passed Friday would create a fluid … Read more

Amazon poised to pass UPS and FedEx to become largest U.S. delivery service by early 2022, exec says

https://www.cnbc.com/2021/11/29/amazon-on-track-to-be-largest-us-delivery-service-by-2022-exec-says.html Dave Clark, Amazon’s CEO of worldwide consumer, told CNBC on Monday that the company is on track to become the nation’s largest delivery service by the end of 2021 or early 2022. Analysts have long predicted Amazon would overtake carriers like UPS, FedEx and the U.S. Postal Service, thanks to its increasingly in-house network … Read more

Just a reminder, US government debt ceiling deadline is this Friday, December 3rd.

(CNN)While Democratic leaders plan to take a victory lap Monday to celebrate President Joe Biden signing the bipartisan infrastructure bill, other pressing issues remain for lawmakers when they return for session this week. All eyes will turn to finishing negotiations on the separate multitrillion dollar economic bill that would expand the nation’s social safety net, … Read more

Stock Markt CRASH CONTINUES IN ASIA as Legendary Investor Atsuto Sawakami Warns of Bubble in Nikkei

https://www.youtube.com/watch?v=NnEBtZlMg7E Global Stocks Drop After Countries Impose Omicron-Related Curbs; U.S. Futures Rise Indexes in Tokyo, Hong Kong, South Korea and Australia decline https://www.wsj.com/articles/global-s… Bubble warningVeteran investor Atsuto Sawakami, creator of Japan’s first low-cost mutual fund, took out full-page advertisements in his country’s newspapers in September to warn that zero interest rates and monetary easing were … Read more

VIDEO: Dr. Fauci Claims He Represents Science, is Science, and it is Dangerous to Disagree With Him, Detrimental to Society

“They’re really criticizing science because I represent science. That’s dangerous.” Lawmakers like Sens. Rand Paul and Ted Cruz have called for Dr. Fauci to step down and be prosecuted over the course of COVID-19. Fauci scoffs at such threats, calling it "noise." "They're really criticizing science because I represent science. That's dangerous." pic.twitter.com/zLzceD2DHe — Face … Read more

You could call it a crisis by design…

THE NEW NORMAL: Biden’s Supply Chain Crisis Is Going To Be Here For Awhile. There is a major supply chain crisis in our country, and it is not going away anytime soon. But if you listen to the White House, it’s no big deal. Nothing to see here. It will all end soon. Not so says … Read more

“Cypto assets are not financial instruments” – British taxman

HMRC said crypto assets “are not financial instruments” and do not qualify as commodities or money, meaning online exchanges that sell cryptocurrencies such as Bitcoin and ethereum are not able to claim an exemption for financial marketplaces. https://www.telegraph.co.uk/business/2021/11/28/bitcoin-exchanges-face-digital-tax-raid/   h/t Jigg3r

Total stablecoin circulating supply just surpassed 150B

by Ordinary_investor I thought it was somewhat of a milestone to share it with this community. Never thought it would balloon to these levels and still continue without collapsing on itself nor authorities intervention, but in hindsight back into the years that have passed, i suppose it does make somewhat more sense. When Bitfinex’ed started … Read more

U.S. Pending Home Sales Rebound (+7.5% MoM) To Highest Level Of The Year, BUT 5th Straight Month Of Negative YoY)

by confoundedinterest17 A forward-looking gauge of U.S. home purchases rebounded in October to a 10-month high, signaling steady housing demand despite growing affordability concerns among many prospective buyers. The National Association of Realtors’ index of pending home sales increased 7.5% from a month earlier to 125.2, according to data released Monday. The median estimate in a Bloomberg survey … Read more