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Chinese stocks have historically been correlated with U.S. equities and the recent sell-off in China could lead to a worldwide “systemic sell-off” in stocks. China & Russia are changing the Petro Dollar system, Inflation to explode in the future Huge Changes are Coming to the Economy in September Inflation is that a 30 year high … Read more
The Chinese leader tells cadres at the Central Party School that the ‘risks and challenges we face are conspicuously increasing’ Xi’s comments about the the need to fight to protect national security come amid ongoing tensions with the United States Chinese officials have been warned by President Xi Jinping to “discard their illusions” about having … Read more
(Bloomberg) — The Bank for International Settlements will test the use of central bank digital currencies with Australia, Malaysia, Singapore and South Africa in an experiment that could lead to a more efficient global payments platform. Codenamed “Project Dunbar,” the study aims to develop prototypes for a common platform that will enable international settlement in … Read more
Pandemic unemployment benefits end in September and states aren’t extending them Around 7.5 million people are poised to lose *all federal unemployment benefits* in a week. They’re going to $0 in jobless aid as delta cases + hospitalizations surge. The looming UI cliff is 3x larger than previous biggest one in 2013, so it’s not … Read more
https://www.cdc.gov/immigrantrefugeehealth/guidelines/overseas-guidelines.html h/t bgny
How radical is the Democrats’ $3.5 trillion monstrous spending bill? Well, it’s not only the single most expensive legislation in American history, it may well be the most far-reaching expansion of the welfare state as well. Democrats have crammed pieces of virtually every one of their agenda items into the … https://nypost.com/2021/08/31/job-no-1-for-gop-stop-bernies-3-5t-monstrosity/
Should they fail, the local police department will be sent to follow up in person." https://t.co/7CV15XDowT — Luke Rudkowski (@Lukewearechange) September 2, 2021
A Microsoft survey of more than 30,000 global workers showed that 41% of workers were considering quitting or changing professions this year. Americans are leaving their jobs in droves, and many of those who haven’t left yet say they’re thinking about it. A Microsoft survey of more than 30,000 global workers showed that 41% of … Read more
🚨#BREAKING Shocking video shows flood waters ripping through apartments in New York City 📌#Manhattan I #NYC Reports of catastrophic flash flooding happening across in New Jersey and New York City as millions of people brace for this devastating floods pic.twitter.com/0Y2170sgKo — R A W S A L E R T S (@rawsalerts) September 2, 2021
More than 1 million Rainbow High dolls are primed for the holidays — but first they need to make it out of China. The popular toys have already overcome their share of hurdles, including short-staffed factories and record-high plastic prices. But now there’s a shortage of the shipping containers that ferry them from Asian factories, warehouses … Read more
The Pentagon will have to start drafting women in order to receive funding after House Democrats amended the defense budget. Rep. Chrissy Houlahan (D., Pa.) put forward a measure on Wednesday to require all women over the age of 18 to register for selective service. Houlahan said her policy would best draw on the “talents … Read more
by David Brady via Sprott Money After a week of waiting for Powell’s pivotal Jackson Hole speech, it was a complete dud. He punted the decision on a possible taper to the next FOMC meeting on September 22. The only words of interest from Powell today were as follows: Then Powell followed with this: “the COMING reduction in … Read more
IMPEACH HIM! Joe Biden asked the President of Afghanistan to LIE! In the transcript, Biden told Ghani to say that the fight against the Taliban was going well "whether it is true or not." The Afghan President responded, "Mr. President, we are facing a full-scale invasion…" — Kayleigh McEnany (@kayleighmcenany) September 1, 2021 Wow, … Read more
The vast majority of American voters believe Joe Biden should resign as president following the disastrous withdrawal of American troops from Afghanistan. According to Rasmussen Reports on Wednesday, a poll asked respondents “Should President Joe Biden resign because of the way the US withdrawal from Afghanistan was handled?” Some 52 percent of likely U.S. voters … Read more
Even though the Biden administration has stopped its efforts to evacuate people from Afghanistan, private citizens are working around the clock to rescue those who have been left behind. The group Ark Salus intends to rescue Afghans who helped the U.S. military during nearly two decades of war. “We are a group of private American … Read more
Nicole Jones had September circled on her calendar for months, marking when life would return to normal. Her four kids would be back in school, so she could go back to work. But it’s not turning out that way. Her oldest son had to return home, evacuating from Xavier University of Louisiana ahead of Hurricane … Read more
Money Show, Released on 9/2/21 Recently, the cascading reports of surging inflation has confirmed many of our inflation forecasts. When bad inflation data emerges, gold doesn’t rally. What gives? Most investors don’t seem to have much interest in hard asset protection against the dollar weakness that increasing inflation should create. Investors believe that the Fed … Read more
https://twitter.com/libsoftiktok/status/1433268348310147076 https://twitter.com/libsoftiktok/status/1433274040207253512 https://twitter.com/libsoftiktok/status/1433291676081180674
Looks like Operation Starfall, directed by the Secretary of the Air Force is to begin soon. I’m having trouble finding any real info related to Starfall. Looking for GLP intel. So far, congress.gov is showing “As of 08/30/2021 text has not been received for H.R.5123” “H.R. 5123 – TO direct the Secretary of the Air … Read more
by Daniel Lacalle via Mises Recent macroeconomic data from the United States should worry us. Amid the reopening and the biggest fiscal and monetary stimulus in recent history, and with all the possible tailwinds from policy decisions, consumer confidence has plummeted to the lowest level since 2016. Retail sales have fallen sharply again in July, and the employment or industrial … Read more