Reuters: China Evergrande Secures Bond Extension as Chairman Foots Project Bills

Source: https://www.reuters.com/world/china/china-evergrande-shares-set-slide-105-after-26-bln-deal-collapses-2021-10-21/ China Evergrande secures bond extension as chairman foots project bills HONG KONG/SHANGHAI, Oct 21 (Reuters) – China Evergrande Group (3333.HK) has secured an extension on a defaulted bond, financial provider REDD reported on Thursday, offering rare respite to the developer a day after a deal to sell a $2.6 billion stake in its property … Read more

$5 Gas Gallon… Grocery Prices at Tipping Point…Biden Caves to Unions Again, Sabotaging Consumers…

Inflation Is Approaching a Tipping Point at the Grocery Store Confident consumers have swallowed higher supermarket prices so far this year, but the risk of indigestion is growing. For companies that make staple goods, asking for more money is delicate. On Wednesday, the world’s biggest food company Nestlé NSRGY 2.82% said sales increased by an … Read more

What Bitcoin has Achieved – Truth and Grift

by fatherbruh Truth: Bitcoin, through use of the blockchain, allows people to do something that wasn’t possible before (at least in a decentralized fashion): let people pass around ‘ownership’ of satoshis (the smallest units of a Bitcoin). The system was built to grow to its maximum supply (21 million Bitcoin) over the course of several … Read more

Govt Tells Brits to Behave if They Want Freedom

The UK government has told Britons to do as they are instructed by the government “not just to save lives, but to keep your freedoms too” in an unscheduled address to the nation about the coming winter months. Announced lunchtime, the Wednesday evening address to the nation by now-health secretary Sajid Javid — who replaced previous … Read more

US ARMY ARRESTING ILLEGAL ALIENS… HISTORIC FIRST!

AUSTIN, Texas — In a dive into new political and legal water, Texas Governor Greg Abbott has initiated the first-ever border security operations in which thousands of National Guard troops — newly imbued with civilian arrest authority and given 40 hours of traditional police training in the use of deadly force — have started handcuffing … Read more

The more important ATH…$53 Billion and counting in over-leveraged crypto future open interest. The waterfall liquidations on this one should be interesting.

by DontMicrowaveCats Now this is the real risk underlying bitcoin that hardly anybody talks about. The crash earlier this year was due to over leveraged futures whereas the crash in 2017 was due to long term holders liquidating their coins. We are much more volatile and prone to pumps or crashes throughout this year. Imo … Read more

BREAKING: Trump announces new social network…

After years of railing against big tech, former President Donald Trump has announced the creation of the Trump Media & Technology Group, along with his own social media platform, TRUTH Social. On Wednesday, former president Donald Trump released a statement detailing the creation of his new media and technology group, which he says is meant … Read more

Supply chain cargo ships backlog is causing traffic chaos in LA with trucks gridlocking city’s streets while trying to pick up goods from backed -up port

 The backlog of supply chain cargo ships has continued to affect US port cities such as Los Angeles and Savannah  Traffic jams in Los Angeles have been reported as delivery trucks have gridlocked the city’s streets waiting to get supplies from the cargo ships California Gov. Gavin Newsom issued an executive order that aims to … Read more

Inflation Headwinds To Intensify… GERMANY- PPI 14.2% Sept…

Some #Drudge News Headlines Today #saysitall #inflation pic.twitter.com/c4TPmc42Ef — Willem Middelkoop (@wmiddelkoop) October 20, 2021 Soaring used car prices suggest inflation headwinds to intensifyhttps://t.co/IEHGe7zDFu — FOX Business (@FoxBusiness) October 20, 2021 🇩🇪GERMANY- PPI 14.2% Sept#Hiperinflation #collapse #depression https://t.co/xZ8MTSaWRh — Antonio Pérez-Algás (@apanalis) October 20, 2021