The contagion is spreading in China… and it’s not just the coronavirus!

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#recession … #GFC2 China #Banks edition The #contagion is spreading in China… and it's not just the #coronavirus! https://t.co/JaJ72Gofnk — Invariant Perspective (@InvariantPersp1) November 2, 2021 Opinionđź’­by Emily Allison Chinese real estate is in deep trouble. What ugly truth is the #EvergrandeCrisis exposing about #China’s allegedly booming #Economy? Does China have the ability to prevent … Read more

Escape From LA II? Corelogic Home Price Index UP 18% YoY, But Forecast To Slow To 1.9% YoY In 2022

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by confoundedinterest17 Yes, home prices are still growing at a super-hot pace of 18%, according to Corelogic. But the forecast for home price growth is for 1.9% YoY in 2022. As home price growth crashes back to earth as wages don’t keep pace with home prices. Home prices have been growing in most states out west where … Read more

Worried Foreign Central Banks Boost Gold Reserves

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by: Stefan Gleason After sitting on the sidelines for much of last year, central bank appetite for gold has resumed, in part due to inflationary pressures globally along with disruptions in the energy market. Russia recently reached a milestone record for its gold reserves, now ranking fifth in the world for the size of its … Read more

Is Another Period of Scarcity Coming to Venezuela? These Signs Say YES.

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by J.G. Martinez Prices have been somewhat stable since we arrived back in Venezuela, primarily thanks to the usage of hard currency. (When a merchant tries to speculate with prices in USD, people don’t buy.) And the new “conversion,” well, eliminating 12 zeroes is easy for those who don’t understand crap about the economy.  In the … Read more

Father Arrested for Killing Daughter’s Ex-BF After He Sold Her Into Sex Trafficking Ring for $1,000: police

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A Spokane man has been arrested for killing his underage daughter’s former (19yr old) boyfriend who sold her into a sex trafficking ring in Seattle (for $1000) .. Eisenman Rescued His Daughter from Seattle Police arrested (John Eisenman) on Friday. Once in custody, police said he confessed to killing Sorensen. Eisenman told police that he … Read more

YIKES! Washed Up Hollywood Actor Accused of Doing This Disturbing Act

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https://www.youtube.com/watch?v=6H5i4X9O6NY Kenneth Garger from The New York Post reports, The 37-year-old skateboarder accused of vandalizing a George Floyd statue in Manhattan’s Union Square Park has reportedly been identified as a small-time actor who once appeared in “Parks and Recreation.” Read More/Source/Credit/FairUse: https://nypost.com/2021/10/28/parks-and-rec-actor-micah-beals-accused-of-vandalizing-george-floyd-statue/

Biden’s Failed ATF Nominee Just Lashed Out At Republicans, Said This is Real Reason They Stopped Him

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https://www.youtube.com/watch?v=Pdlm2J5Imco Julio Rosas from Townhall reports, David Chipman, who was President Joe Biden’s pick to head the Bureau of Alcohol, Tobacco, Firearms, and Explosives, blamed Senators for shutting down his chance to be the ATF director because he would not have played “nice with the gun industry.” Read More/Source/Credit/FairUse: https://townhall.com/tipsheet/julioro…

Most Americans Cannot Afford a New Construction Home

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New construction home prices are at unseasonable highs, as the median U.S. new home price of $390,900 in August remained commensurate with July’s record. This increase in pricing is outpacing the national median household income, which has decreased 2.9% from 2019 to 2020 to $67,521 – a decline seen for the first time since 2011, … Read more