Consumer Spending Set to Crash as Prices Rise and Stimulus Ends… The Rent Is ‘Too Damn High’… Former Fed. President Warns Of IMMINENT Financial Crisis.

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The rent is ‘too damn high’ Apartment List National Rent Report https://t.co/KeEDtEpian — Peter Boockvar (@pboockvar) August 31, 2021 Since January 2021, the national median rent has increased by a staggering 13.8 percent. To put that in context, rent growth from January to August averaged just 3.6 percent in the pre-pandemic years from 2017-2019. https://t.co/HAnSpA7cyJ … Read more

Pentagon Intel Leak Stuns: The U.S. Knew in Advance of Impending Kabul Attack But Kept Gate Open Where 13 Americans Were Killed [Video]

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THEY WERE EXPENDABLE Exclusive Pentagon prepared for ‘mass casualty’ attack at Kabul Airport hours before explosion Detailed notes of three classified calls provided to POLITICO show top Pentagon officials knew of imminent threat, but struggled to close Abbey Gate. https://www.politico.com/news/2021/08/30/pentagon-mass-casualty-attack-kabul-507481 Pentagon Spokesperson Adm. John Kirby is asked about a report that the US had intel … Read more

China Strengthens Claims Over Disputed Waters With New Maritime Law Against Foreign Ships

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China will begin requiring foreign vessels to report their call signs and cargo before sailing into its “territorial sea”—a term it applies to all the islands it claims in the South China Sea and beyond. The new regulation under China’s Maritime Traffic Safety Law will come into effect on September 1, according to a notice … Read more

Case-Shiller 20 Metro Home Price Index Breaches 19.1% YoY As Phoenix AZ Leads The Way At 29.3%! (Is Powell The God Of Hellfire?)

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by confoundedinterest17 Fed Chair Jerome Powell is The God of Hellfire! Or least home prices. The Case-Shiller 20 metro home price index grew at 19.1% YoY even as The Federal Reserve has “slowed” M2 Money growth to 13% YoY. Home prices are now growing at 4.75x hourly earnings growth. And existing home sales inventory remains low by historic … Read more

The Truth About China…

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from Kerry Lutz’s Financial Survival Network To grasp the the current circumstances in China, we have Daniel Joseph on the podcast today—an individual that has previously lived in China for quite some time—to update us on the socioeconomic situation. As a nation, China seems to be deviating from some of the tactics that made them so successful historically—such … Read more

Microsoft will release Windows 11 on October 5th

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The new operating system will be available as a free upgrade for eligible Windows 10 PCs, or on new hardware that ships with Windows 11 pre-loaded. The free upgrade to Windows 11 will start rolling out on October 5th, but like many Windows upgrades in the past, it will be available in phases. New eligible … Read more

Technically Speaking: The Bulls Warn The Fed Not To Taper

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By Lance Roberts  As the Fed started to talk about “taper,” the “bulls” sent a stern warning with a 2% “crash” they shouldn’t. After a couple of weeks of several Fed speakers discussing the need to reduce monetary accommodation, a quick sell-off brought had Powell singing a “dovish” tone at the recent Jackson Hole summit. We said that we would continue our … Read more

US Gen. McKenzie says Taliban were ‘helpful and useful’

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CENTCOM Commander Gen. Kenneth McKenzie said the Taliban were “helpful and useful when we closed down operations.” “They established a firm perimeter outside of the airfield to prevent people from coming on the airfield during our departure,” McKenzie said of the Taliban Monday. “They did not have direct knowledge of our time of departure, we … Read more

Trump finally speaks out against mandates…

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"I am extremely proud of what I've done. "At the same time freedom and choice, all of those things you have to have. You can't force people to do it. "You have people that for good reason, for their reasons, they don't want to have it. I don't think you should be forcing them." pic.twitter.com/tAcEuvlYpB … Read more

The Fed openly promotes asset bubbles. Whatever “benefit” they see from that “accommodation” ends NO LATER than the moment they stop QE.

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That's arguably a better way of saying things. I was looking at things from the Fed's point of view. They Fed openly promotes asset bubbles. Whatever "benefit" they see from that "accommodation" ends NO LATER than the moment they stop QE. https://t.co/cvoXu5tMhZ — Mike "Mish" Shedlock (@MishGEA) August 30, 2021 When the money printer goes … Read more

Biden NOT “Mentally Capable” To Lead. Calls For His Resignation ESCALATE.

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https://www.youtube.com/watch?v=fc6hs9gqnDA Calls for Biden impeachment or resignation grow amid fall of Afghanistan, chaotic U.S. exit With President Biden’s job approval ratings plummeting amid the Taliban’s swift takeover of Afghanistan in the wake of a chaotic U.S. withdrawal from the country after 20 years, a growing number of Republicans are calling for his removal from office, either … Read more

“Fact Checkers” Defend Sleepy Joe After Memes of Him Sleeping Take over the Internet

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https://www.youtube.com/watch?v=2ZY8bcKIisk Mike LaChance from American Lookout reports, There is a lot of controversy about this video you’re about to see. [and the internet memes that have come out of this moment are plentiful causing the fact checkers to come out of the woodwork] Read More/Source/Credit/FairUse: https://americanlookout.com/sleepy-jo…

WATCH: Psaki admits it’s been the ‘worst week’ of Biden’s presidency, but he ‘stands by’ Afghanistan decision

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White House press secretary Jen Psaki called the past week the “worst week” in Biden’s presidency. At the press briefing, Psaki reiterated Monday that the Biden administration still fully supports withdrawing US troops from Afghanistan. Psaki was asked by a reporter if Biden sticks by his decision to pull the troops out of Afghanistan, despite … Read more