Are We Responsible?

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by David Morgan of The Morgan Report Are We Responsible? The federal debt ceiling is back in the spotlight as the Senate forges ahead with massive spending and infrastructure bills. While the legal cap on how much the U.S. can borrow doesn’t impact what consumers can spend, if Congress can’t reach a deal on a new debt limit … Read more

Mass Fatal Shooting In Russia… At Least 6 Killed

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Moscow — A gunman opened fire on a Russian university campus on Monday killing at least six people, investigators said, in the country’s second mass shooting this year to target students. Videos circulating on social media showed people throwing belongings from windows of university buildings in the central city of Perm before jumping to flee … Read more

Eight months in and he’s already becoming toxic, even in a state as blue as Colorado has turned.

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GOP slams leading state Democrats who bailed on President Biden’s visit. What Coloradans didn’t see during President Biden’s Colorado visit on Tuesday is even more important than the slurred, awkward speech he stumbled through at the National Renewable Energy Laboratory in Arvada. Missing at the wildly unpopular president’s side were U.S. Sens. Michael Bennet and … Read more

Viewers Rage at Maskless Emmys: ‘But Kids Have to Wear a Mask to School. What the F**k’

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https://twitter.com/TylerLitz425/status/1439762914475347969 As expected, celebrities are almost exclusively without mask at the Emmys. pic.twitter.com/F8lXEJpWzq — Madison Gesiotto Gilbert (@madisongesiotto) September 20, 2021 https://www.breitbart.com/entertainment/2021/09/19/viewers-rage-at-maskless-emmys-but-kids-have-to-wear-a-mask-to-school-what-the-fk/

Yahoo begins to normalize social credit score…

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Your credit score may soon depend on your web history In the not-too-distant future, your internet habits could help determine how much house you can buy and the rate on your next auto loan. Sounds ridiculous? Right now, your credit score — that three-digit number that tells lenders how responsible you are — is based … Read more

Earnings Alarm Bells Ringing; Signs of Fatigue… Junk-Debt Sales Soar Toward Record

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(Bloomberg) — An alarming number of companies have warned that profits won’t meet expectations when they report in a month. The group, including PP Industries Inc. and Sherwin-Williams Co., are primarily materials producers that have struggled amid supply-chain disruptions. While just a small part of the S&P 500, their earnings have historically been the most … Read more

China’s Black Swan Has Arrived… Are You Ready?

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by The Phoenix The market is a sea of red this morning. The issue at hand is China’s massive Evergrande property developer. The company is effectively insolvent, with over $300 billion in bad loans. Many are calling this “China’s Lehman Moment.” The company’s stock is down 80% Year to Date. How serious is this? Serious. Real … Read more

MSM is now calling Evergrande a “contagion threat” that’s affecting global stock markets

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Wall Street joins global sell-off as Evergrande crisis intensifies via @FT https://t.co/Snd1bEpbdW — Stare Decisis (@MsResJudicata) September 20, 2021 Source: Finanical Times – https://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134 Marketwatch on why Evergrande is down 13% this morning.   It’s a bloodbath across china today. People I know have no idea what’s happening and are panicking. If you think Evergrande … Read more

Riptide in the World Economy

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by Martin Armstrong COMMENT: Marty, I think the storms are creating dangerous rip currents that just suck swimmers out to sea here in Jersey. Never hear about that in Florida. I guess that and taxes are what made you leave. LOL DK REPLY: Actually, I was caught in one when I was a teenager. My uncle was perhaps … Read more

Pennsylvania Rations Alcohol Due To Crippled Supply-Chain

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A shortage of certain alcohol brands is leaving some drinkers in low spirits; the Pennsylvania Liquor Control Board (PLCB) announced this week it would begin rationing a list of popular liquor labels. Due to sustained supply chain disruptions and product shortages, purchase limits of two bottles, per customer, per day were applied to certain items beginning Friday, Sept. 17, … Read more