There was a remarkable statistic in the latest Flow Show report from BofA’s Michael Hartnett: according to the CIO’s calculations, “the Fed is spending $336 million every 60 minutes buying bonds, while the US federal government is spending $875 million every hour this year”, a staggering amount made possible only by the recent merger between the Fed and … Read more
View post on imgur.com 43 year old Laurel Hubbard’s inclusion “does not violate the current rules on the books,” the committee ruled, according to the New York Post. She would be the first transgender athlete to compete in the Olympic Games, despite the fact that transgender athletes have been allowed to compete in the Olympics … Read more
Infowars, Released on 7/19/21 “We’ve got serious murderers killing everybody around us and they think it’s funny!”
NEW: Getting a bit hectic here in Del Rio. Massive group of 300+ migrants wants to be let into the US. Some migrant families being let through, but adult men try to force their way through the gate. BP and troopers have to yell at them to get back. @FoxNews pic.twitter.com/7E4KIHmNVs — Bill Melugin (@BillMelugin_) … Read more
A Chinese national and two co-defendants have been sentenced in connection with an attempt to use false export information to export maritime raiding craft and military-model engines through fraud to China, and in violation of Unites States law. Ge Songtao, a 51-year-old from Nanjing, China, pleaded guilty to the charges on November 2, 2020, and was … Read more
Malaysian cops seized and destroyed 1,069 bitcoin mining rigs by crushing them with a steamroller — after the miners allegedly siphoned off almost $2 million worth of electricity to power the energy-intensive machines. The machines, which were estimated to be worth about $1.25 million, were seized in a joint operation carried out by police … Read more
BY JOHN RUBINO Short-term interest rates are now as negative as they were in the inflationary 1970s. But that’s where the similarity ends. As the above chart shows, 1970s indebtedness was relatively modest as a percentage of GDP, which gave that financial system the resiliency to withstand the double-digit interest rates necessary to throttle inflation and … Read more
Too Much Money Chasing Too Few Goods and Services Inflation can be considered a tax, an especially regressive one, falling harder on those with lower income and/or assets. Yellen is quite concerned about hotter inflation and housing market The U.S. Treasury Secretary Yellen is now also concerned about hotter inflation and the housing market. On … Read more
Former President Donald Trump is poised to go “all in” to help Republicans recapture the House and Senate during the 2022 midterms and the White House again in 2024, according to Sen. Lindsey Graham, R-S.C. Graham, who told Fox News host Judge Jeanine Pirro Saturday evening that he just finished two days’ worth of playing … Read more
Beijing has made a new move to counter the increasing influence of the US and India in Asia.CRIP- an alliance of China, Russia, Pakistan and Iran may emerge as a counterforce to Quad. With each member of CRIP reaping mutual benefits, it comes as no surprise that autocratic nations allied against the countries with democratic … Read more
https://twitter.com/747_s/status/1416867979413934086
by Lance Roberts Knowledge vs. experience. When it comes to investing, such is what separates long-term success from failure. Amid a “market mania,” retail investors believe they have “knowledge” as every investment they make seems to be successful. As the bubble inflates, continued success breeds over-confidence to the point where it is widely believed “this time is different.” I previously discussed … Read more
Katie Hopkins will be deported ‘as soon as possible’ after her visa was cancelled overnight for boasting about breaking quarantine rules on social media. Channel 7 has dropped Katie from a slated TV appearance. The federal government says her visa has now been cancelled. Full story here…
As Democrat-run cities defund the police amid the crime crisis, residents say “it’s a war zone,” during a segment on CNN’s “CNN Newsroom” with Poppy Harlow and Jim Sciutto on 7/19/2021. Be sure to like, subscribe, and comment below to share your thoughts on the video.
by Martin Armstrong The latest is that Trump could be criminally charged for tax evasion by paying for some benefit to an employee rather than salary. The Internal Revenue Service (IRS) was looking at taxing frequent flyer bonus points as income to an employee when the company pays for the flight, but the employee uses the bonus point … Read more
