Evergrande Isn’t China’s “Lehman Moment.” It Could Be Worse than That.

by Daniel Lacalle The bankruptcy of the Chinese real estate company Evergrande is much more than a “Chinese Lehman.” Lehman Brothers was much more diversified than Evergrande and better capitalized. In fact, the total assets of Evergrande that are on the brink of bankruptcy outnumber the entire subprime bubble of the United States. The problem with Evergrande is that it … Read more

Signs of excessive optimism? Credit impulse the party is over…

https://twitter.com/NorthmanTrader/status/1442541174141722629 The chart shows how without credit impulse the party is over. Economies are hooked on credit impulse cycles in the absence of real growth 👇 H/T @AndreasSteno pic.twitter.com/gq0UkMsU3w — Menthor Q (@MenthorQpro) September 27, 2021 Busiest US container port complex warns of industry ‘crisis’ over supply chain disruptions https://t.co/HbNz0D01GS — FOX Business (@FoxBusiness) September … Read more

This is quickly becoming a reality. Business activity is decelerating as inflation remains historically elevated.

This is quickly becoming a reality. Business activity is decelerating as inflation remains historically elevated. The set of policies to fix one problem would worsen the other. Note that a similar divergence occurred prior to the Global Financial Crisis.#trapped pic.twitter.com/7R8WQT67rV — Otavio (Tavi) Costa (@TaviCosta) September 27, 2021 Everyday foods that could soon become luxuries… … Read more

Like Australia, Italian Truck Drivers are blocking the roads

Like Australia, Italian Truck Drivers are blocking the roads pic.twitter.com/SVM7C5fk13 — hugotalks (@hugotalks1) September 27, 2021 https://twitter.com/TheJuggernaut88/status/1442085351770636289 #Italy Italian truck drivers block the main roads in protest against the greenpass https://t.co/HyIWmG7how — Francesco Mereu 2 (@fracchio_2) September 27, 2021 h/t Creativity Of Liberty

Remember when CNN Spread DISINFORMATION About Hunter Biden’s Laptop?

In October 2020, CNN desperately spread DISINFORMATION about the authenticity of Hunter Biden’s laptop. They didn’t even bother to check into the veracity of the story published by the New York Post beyond checking their own “intelligence community” that had a vested interest in seeing the removal of President Donald Trump from office. We have … Read more

Rare “Black Swan” Solar Superstorm Could Prompt ‘Internet Apocalypse’ Lasting Several Months

The “black swan” event of a solar superstorm directed at earth could prompt an “internet apocalypse” across the entire globe that could last for several months, new research (pdf) has warned. University of California Irvine assistant professor Sangeetha Abdu Jyothi presented the new research, titled “Solar Superstorms: Planning for an Internet Apocalypse,” last month during … Read more

URGENT: Dems To Pay Journalists With Tax Dollars In Secret Provision to $3.5 Trillion Spending Bill

https://www.youtube.com/watch?v=IY5mwZuxS1o Mike LaChance from American Lookout reports, The Democrats’ $3.5 trillion spending bill is so massive and so packed with pork, that it’s hard to know what’s even in it. One buried item that no one is talking about is a bailout for the liberal media. Do you want your tax dollars going to them? … Read more

Americans’ Trust In Media Continues To Crumble, 2nd Worst Rating Ever

Americans’ trust in the media declined in September to its second-lowest level ever, the latest I&I/TIPP Trust in Media index shows. It’s yet another sign that mainstream news outlets, websites, blogs and other online media providers are suffering a collapse in public credibility. I&I/TIPP Trust in Media indexes for both traditional media and alternative media … Read more