Pandemic prostitution increasingly profitable in Queens

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When you see the women on certain street corners along Roosevelt Avenue in East Elmhurst, wearing mini skirts and sometimes schoolgirl skirts, you notice they’re often scanning their cell phones. Law enforcement believes that’s because they’re making contact with customers who find the women’s “massage” services on a website called Bedpage.com, or they’re simply steering … Read more

Number 2 US General John Hyten says China has done HUNDREDS of hypersonic missile tests

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US Gen. Says China’s Done ‘Hundreds’ of Hypersonic Weapon Tests While DoD is ‘Bureaucratic’ – Report The development of hypersonic weapons, according to Hyten, exemplifies the vast differences between the US and China’s approaches. In the last five years, he reportedly claimed, the US has conducted nine hypersonic tests, whereas the “Chinese have done hundreds.” … Read more

CNN Says We Must Cut Down Trees To Save Earth

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In order to cut carbon emissions CNN says we have to cut down trees and bury them. “ Plant trees, sure. But to save the climate, we should also cut them down” “ Beyond these practical uses, wood can also serve purely as a long-term carbon storage device. The key to locking away the carbon … Read more

Rashida Tlaib throws an outlandish number at Chevron’s CEO to say he owes the world $50 billion, accuses him of “poisoning the planet”

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He says Chevron owes $50 billion to "indigenous people." I have been following these cases for awhile and I have literally no idea what she is talking about. Cut a check to the last descendent of Sitting Bull, which is Elizabeth Warren, I guess. — Ian Miles Cheong (@ianmiles) October 28, 2021  

40% Of The Bull Market Is Due Soley To Buybacks

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By Lance Roberts  What If I told you that 40% of the bull market rally over the last decade was from buybacks alone? That may not be as crazy as it sounds. We previously discussed the misuse and abuse of stock buybacks over the last decade. Such is not surprising given the low interest rate environment. But, … Read more

Tucson Water employee sounds alarm about staff shortage: “We are watching employees walk out as I speak”

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TUCSON, Ariz. (KOLD News 13) – A Tucson Water employee said they are losing staff and it’s leading to a troubling shortage. “We are watching employees walk out as I speak in the water quality and operations division,” said the employee, who asked to remain anonymous. The worker said Tucson Water is having to move … Read more

BIDENFLATION: Inflation Notches Fresh 30-year High… Wages Jump By Most On Record… Food Prices Soar… Christmas Trees Scarce…

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McDonald’s Does Exactly What Anyone Who Understands Economics Said Would Happen. In order to offset increasing supply costs and wage increases, McDonald’s is increasing the prices on its menu, the Wall Street Journal reports. According to the report, the price hikes come despite strong third-quarter sales, because wages at McDonald’s locations are up at least 10% in … Read more

Supply Chain Update. “Our supply chain problems are a culmination of years of bad policy decisions by America’s elites.”

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Another week, another roundup on the supply chain issues plaguing America and the world.   The supply chain problem is one of the big reasons economic growth dropped to an anemic 2% in Q3. The Trump boom/post-Flu Manchu recovery has ended, and the Biden economy has kicked in. Here’s a pretty revealing thread about the Los Angeles/Long Beach … Read more

The world’s largest polluter China reveals a plan to cut emissions that falls ‘well short’ of UN targets – despite Beijing pumping out a quarter of carbon into atmosphere…and yet we pay for it

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China’s latest plan would see them reach peak carbon emissions by 2030 Analysts have said the Chinese government were not being ambitious enough Under the plans, China would only reach net zero emission ‘around 2060’ The UN says global emissions need to halve before 2030 to avoid catastrophe China has promised to peak its carbon … Read more

GameStop and H.R. 4618 – Short Sale Transparency and Market Fairness Act: Part 2

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by funsnacks TLDR It’s been 21 days since Bloomberg published SEC Chief to Wall Street: The Everything Crackdown Is Coming which mentioned the SEC having indicated a Short Sale Disclosure rule that, with encouragement from Congress, could be proposed by November 2021. I pointed this out two weeks ago in my post GameStop and H.R. 4618 – Short Sale … Read more

A Tsunami Of Bankruptcy Is Coming From The East – Former Fitch Analyst Confirms That Evergrande Bankruptcy Is Evident – No Proof The Company Made Its Interest Payment Last Friday

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by alfielad2021 October 26 2021 – By Stan Szymanski Yesterday, I wrote a piece titled ‘Whistling Past The Graveyard-Investors Cheer The Interest Payment Made By Evergrande at the 11th hour-The Veiled Risks And Deception Of The Orients’ Real Estate Developers’ > https://www.encouragingangels.org/new-blog/2021/10/25/4650nhhdu4zgbuyfg2gsa79x59ovb2 because of my concern about the Evergrande situation turning into a global event. … Read more

Australia Central Bank Refuses to Buy Country’s Own Bonds – Financial Shockwaves Expected Across the Globe

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This is not a crypto coin, it is not a SPAC, it is not a meme stock. It is the chart of the Australian 2 yr government bond yield. pic.twitter.com/unAN6QLgeU — Peter Boockvar (@pboockvar) October 29, 2021 https://twitter.com/spcMnstr/status/1453539962897539072 Heading into the Thursday session, markets were expecting the RBA to buy the April 2024 bond in … Read more

Stimulus came and went…. SPX & VIX looks in perfect set up… Sovereign credit risk is back!

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Stimulus came and went. Real disposable personal income per capita (the most important income measure) is now below the pre-COVID trendline. The trendline was only ~1.8% from 2009-2020. pic.twitter.com/0DwUr7YcTU — Eric Basmajian (@EPBResearch) October 29, 2021 https://twitter.com/VSoien/status/1453905649901912065 https://twitter.com/NorthmanTrader/status/1454108084041826310 Amazon badly misses on earnings and revenue, gives disappointing fourth-quarter guidance https://twitter.com/NorthmanTrader/status/1454064045003317252 The best/worst is yet to … Read more