60 Minutes Australia: Prepare for Armageddon: China’s warning to the world (Nuclear Showdown USA vs China)

The message coming out of China is getting louder by the day. It doesn’t like other countries, especially Australia, ganging up and meddling in its affairs. As we know Beijing is currently doing its best to punish us economically, but in the last few days President Xi Jinping has also ratcheted up the rhetoric by … Read more

Spiking inflation imperils passage of Biden’s $1.75 trillion spending bill

Skyrocketing inflation and consumer costs are hurting President Joe Biden’s and Congressional Democrats’ hopes to pass another major spending bill through the reconciliation process. The Department of Labor’s Bureau of Labor Statistics this week reported an 8.6% increase in wholesale prices over the past 12 months, the highest increase in years. The federal agency also … Read more

Ted Cruz Laces Into Two Republican Traitors

Republican Texas Senator Ted Cruz had some choice words for GOP traitors, Wyoming Rep. Liz Cheney and Illinois Rep. Adam Kinzinger and he hit them hard. It started when CNN show “The Lead” with Jake Tapper tweeted a segment in which they asked the question, “Is there a lane for Liz Cheney in New Hampshire in 2024?” … Read more

I wouldnt be mad at crypto if people would honestly admit what it is actually. Because almost every explanation of it is nonsense bullsh*t.

by Matyi10012 Whenever I hear someone talking to me, or read any article of “lets go invest in [XYZ] crypto”, I get the exact same vibes like when someone comes to you and says “Lets go to the casino and invest some money so we will be rich”. But we all know gambling is not an … Read more

Yet Another Bipartisan Endorsement For Ron Desantis…

Disney employees start the process of moving from California to Florida. The theme park giant announced it was picking up and moving 2,000 employees across the country in July. Flashbacks: Virginia Candidate Terry McAuliffe Showcases Florida Workers in Campaign Ad. Virginia’s Democratic gubernatorial nominee Terry McAuliffe released a new ad promoting his goal of “growing Virginia’s … Read more

Sky News: Joe Biden the ‘most profoundly confused world leader we’ve ever seen’

Sky News host Rita Panahi says US President Joe Biden is the “most profoundly confused world leader” in history after multiple gaffes at the Glasgow conference. Ms Panahi said President Biden has suffered “confused moments and plummeting poll numbers” after just one year as president. “One reason for his lack of popularity is the inflation … Read more

Pension Funds Are Struggling to Find Stable Investments (Just Like Everyone Else)

Via Birch Gold The Wall Street Journal recently reported that state and local pension funds have just received a historic windfall of cash, thanks in part to taxpayer dollars: State and local pension funds are reaping a historic windfall thanks to billions of dollars in record market gains and surplus tax revenues. Now they need to decide … Read more

National Economic Council Director Brian Deese Claims Inflation Working Perfectly – As Designed, a Collapsing U.S. Economy Demands More Congressional Spending

by Sundance  JoeBama’s National Economic Council Director Brian Deese, the twenty-something central planner in charge of all White House economic policy, tells a curiously skeptical Jake Tapper that things are working swimmingly, exactly according to plan. According to the Biden-Deese theory on sustainable economic policy, massive spending creates massive inflation; which creates an increased demand for … Read more

Land Grab for Climate

https://tessa.substack.com/p/land-grab-for-climate Another great analysis by the ever astute Tessa Lena … a large amount of land is currently being confiscated from American farmers in the Midwest, using eminent domain. The farmers are given an option to accept a modest compensation and go away “voluntarily”—but if not, they are threatened with the prospect of losing their … Read more

He clearly knows we’re topping. Looking for any excuse to sell now and say he was forced.

He clearly knows we're topping. Looking for any excuse to sell now and say he was forced. https://t.co/a45hRRfIO3 pic.twitter.com/jtUDEHlH4m — Financelot (@FinanceLancelot) November 14, 2021 pic.twitter.com/7f4zKuGgQn — Financelot (@FinanceLancelot) November 14, 2021 Nice drop in Consumer Discretionary after it was over extended. It's unusual to see this drop before Christmas but this appears to validate … Read more

What’s Wrong With This Picture? M2 Money Growth “SLOWS” To 12.8% YoY As Real Earnings Growth Slows To -1.6% YoY (Will Omarova As Comptroller Make This Better??)

by confoundedinterest17 Highlights for Children has a popular segment called “What’s Wrong With This Picture?” I give you my economics version of “What’s Wrong With This Picture?” It features The Federal Reserve’s M2 Money year–over-year compared with Real Average Weekly Earnings year-over-year. Yes, M2 Money growth has “slowed” to 12.8% YoY while US Real Average Weekly … Read more