The U.S. Economy In a Nutshell: When Critical Parts Are On “Indefinite Back Order,” the Machine Grinds to a Halt

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by Charles Hugh-Smith A great many essential components in America are on ‘indefinite back order’, including the lifestyle of endless globally sourced goodies at low, low prices. Setting aside the “transitory inflation” parlor game for a moment, let’s look at what happens when critical parts are unavailable for whatever reason, for example, they’re on back order or indefinite … Read more

Alexander S. Vindman: “If this is true GEN Milley must resign. He usurped civilian authority, broke Chain of Command, and violated the sacrosanct principle of civilian control over the military.”

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If this is true GEN Milley must resign. He usurped civilian authority, broke Chain of Command, and violated the sacrosanct principle of civilian control over the military. It’s an extremely dangerous precedent. You can’t simply walk away from that. #dotherightthingintherightway https://t.co/izsMMCFPrz — Alex Vindman 🇺🇸 (@AVindman) September 14, 2021 😂😂😂😂😂😂😂😂😂 Talk about zero self-awareness. — … Read more

Two-faced Facebook’s hypocrisy on freedom of speech reveals it is now a clear and present danger to democracy

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The exposure of a secret programme that grants elite users special publishing privileges exposes how the tech giant pays lip service to its claim that its rules apply to everyone. It’s all about the ruthless pursuit of profit. So, the truth is finally out: despite all the claims, promises and knee-bending by Facebook’s PR department, … Read more

14 Percent Inflation…

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from Kerry Lutz’s Financial Survival Network As usual, we find that transitory inflation is not so transitory. Michael Pento comes on the podcast today to talk about some of the causes and effects surrounding inflation in the current economy. Pento says this is perhaps the worst inflation the country has ever seen, and the coming years don’t look … Read more

How to Profit From a Market Crash

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by The Phoenix Yesterday, I explained why I believe we are due for a period of below average stock market returns. By quick way of review: Inflation is roaring higher. Official inflation measures put it at over 5%. Unofficial, more accurate measures have it clocking in at over 8%. And we are seeing corporations raise prices … Read more

China moves to place task forces of warships to Alaska and Hawaii

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https://www.the-sun.com/news/3658666/china-sends-warships-alaska-tensions-boil-ww3-fears/ CHINA has sparked World War 3 fears after sending warships to Alaska amid boiling tensions with the US over the South China Sea dispute. Four Chinese warships, including one of China’s most advanced destroyers, were spotted near the Aleutian Island chain. The US is wary of the presence of Chinese warships close to the … Read more

Joe Biden Rocked By New Impeachment Charge

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Joe Biden has been met with plenty of criticism since taking office nine months ago, but his most recent failure might be his worst of all. Fox News host Mark Levin recently spoke about Biden’s disastrous handling of the U.S. withdrawal from Afghanistan and accused the president of violating the Constitution. Levin also joined other leaders … Read more

Supreme Court Involved After Pelosi Renews Radical Order

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House Minority Leader Kevin McCarthy is taking the fight against proxy voting in the U.S. House of Representatives to the Supreme Court. “Today, we are asking the Supreme Court to uphold the Constitution by overturning Speaker [Nancy] Pelosi’s perpetual proxy voting power grab. Although the Constitution allows Congress to write its own rules, those rules … Read more

NY Fed Survey Of Consumer Expectations Points To 5.2% Inflation In One Year (Too Bad Hourly Wages Are Growing At 4.3%!)

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by confoundedinterest17 US inflation is run, runaway. Americans are expecting a record surge in inflation over the next few years, according to a new report from the Federal Reserve Bank of New York. In its August Survey of Consumer Expectations, the bank said Monday that respondents see inflation a year from now at 5.2%, up from 4.9% … Read more

Too Many Bears Looking For A Correction?

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By Lance Roberts  Are there too many “bears” looking for a correction? When it comes to financial markets, there is one truism as noted in Bob Farrell’s famous investment rules: “When all experts agree, something else tends to happen.” Such makes perfect sense given that the “market” is a reflection of the psychology of “buyers” and “sellers.” Such is why sentiment … Read more

China’s ‘Lehman Moment’ – The Black Swan Has Landed: Evergrande Hires Bankruptcy Advisors As Furious Investors Protest Imminent Default

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It took Evergrande less than a day to go from denying “rumors” of bankruptcy (as per a statement posted on its website earlier today), to confirming that a bankruptcy is imminent. In a filing on the Hong Kong stock exchange on Tuesday, Evergrande which was busy trying to convince angry Chinese mobs that they will … Read more

The Big Apple is Awake!

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The Big Apple is Awake!!🍎 pic.twitter.com/eT5z0XxQ4E — CJ JOHNSON (@RealCJJohnson1) September 14, 2021 Protest against mandatory vaccines and vaccine passes is underway in New York City. pic.twitter.com/zZr9dtSbun — Marie Oakes (@TheMarieOakes) September 13, 2021