Ranked: The Top 10 Richest People on the Planet

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by visualcapitalist The top 10 richest people on the planet have a combined net worth of $1.4 trillion. For some context, that’s roughly the same size as Australia’s GDP. Who are these ultra-wealthy individuals, and what’s the source of their wealth? Here’s a look at the top 10 richest people on the planet, and how they’ve made their … Read more

Fitch Ratings downgrades Evergrande to a “C” from “CC” which means “Near Default”

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Settling debts with your cousin in China pic.twitter.com/YiZSGBCuX8 — The Long View (@HayekAndKeynes) September 29, 2021 #Evergrande crisis is spreading to global soccer market:#FabioCannavaro, head coach of Guangzhou Evergrande FC, has left his post by mutual consent, the club confirmed on Tuesday, leaving the FC's future in doubt. — ChinaPropertyFocus (@ChinaPropFocus) September 29, 2021

The Market Crash Nobody Thinks Is Possible Is Coming

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by Charles Hugh-Smith The banquet of consequences is being served, and risk-off crashes are, like revenge, best served cold. The ideal setup for a crash is a consensus that a crash is impossible–in other words, just like the present: sure, there are carefully measured murmurings about a “correction” but nobody with anything to lose in the … Read more

The Fed’s ‘Dangerous’ Path Toward Debt Monetization

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by: Stefan Gleason A prominent U.S. Senator just called the head of the nation’s central bank “dangerous.” Unfortunately, the true dangers of U.S. monetary and fiscal policy were lost on everyone involved. On Tuesday, Federal Reserve Chairman Jerome Powell testified before the Senate banking committee, where Senator Elizabeth Warren led the left wing of the … Read more

Man dies after waking up with bat on neck…

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SPRINGFIELD, Ill. (WBBM NEWSRADIO) — Illinois has recorded its first human case of rabies since 1954, state and suburban public health officials said Tuesday. Now, people are being urged to take precautions if they come into contact with bats. According to the Lake County Health Department, in mid-August, a man in his 80s in north suburban … Read more

Americans check their smartphones 96 times a day!

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NASHVILLE, Tenn. – New research shows the U.S. is deep into the digital age with data showing Americans check their phones 96 times a day. That’s once every 10 minutes, according to global tech care company Asurion. The company also said it’s a 20% increase from a similar survey researchers conducted two years ago. However, … Read more

How a Time Bomb was Set to Usher in a Great Reset (and what to do about it): 1923, 1929 and Today

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How a Time Bomb was Set to Usher in a Great Reset (and what to do about it): 1923, 1929 and Today Wed, 29 Sep 2021 03:39 UTC https://www.sott.net/article/458860-How-a-Time-Bomb-was-Set-to-Usher-in-a-Great-Reset-and-what-to-do-about-it-1923-1929-and-Today This presentation introduces 100 years of economic history and demonstrates that the solutions being proposed to put out the fire by those same arsonists who lit … Read more

Hypothetical: The Chinese government are deliberately starting a financial crisis. They will then sit back and allow it to become severe and spread globally….

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…..as their goal is the destruction of capitalism. To prevent the collapse of the Chinese economy they will nationalize all residential real estate, all commercial real estate and all businesses ie. return their country to communism. The rest of the world will then have to either follow suit – countries that don’t will collapse as … Read more

The Coming Crash

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Excerpt: ……………………………………. This is easy to see on a micro-economic scale: evictions are reaching a tragic level of generalization, workers are either refusing to show up to work or risking death for a paycheck, the prices of commodities are in flux, if things can be obtained at all. We can all clearly see the abandoned … Read more