Britcoin: UK plans to replace cash with official digital currency in ‘biggest upheaval in the monetary system for centuries’

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Cash in people’s pockets would be superseded by a new ‘Britcoin’ digital currency in a plan being pushed by Chancellor Rishi Sunak. In what Treasury insiders say would be the biggest upheaval in the monetary system for centuries, the Bank of England would establish a direct digital equivalent to physical money and take control of … Read more

If the credit impulse matters as much as it has done in prior cycles, then we haven’t even seen the beginning of the bond rally.

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If the credit impulse matters as much as it has done in prior cycles, then we haven't even seen the beginning of the bond rally. Weekly out -> https://t.co/aGNCuVP4dg pic.twitter.com/nuL55zYtci — Andreas Steno Larsen (@AndreasSteno) July 25, 2021 Just to put things into perspective: S&P trades at ATH: 179 trading days have passed since the … Read more

UK scheme will monitor supermarket spending, reward those who reduce their calorie intake. Hello Social Credit Scheme

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“The scheme will monitor family supermarket spending, rewarding those who reduce their calorie intake” Introducing the next step in the New Normal, the Chinese Social Credit Scheme… Families could get rewards for healthy living Lifestyle habits such as taking part in a regular run or walking to school daily could be linked to free treats … Read more

SEVERE FLOODING in BELGIUM

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#BREAKING #Flood in #Belgium pic.twitter.com/oYzsEAO40I — Algeria – News (@Algeria_News_DZ) July 24, 2021 #BREAKING ……Another video.. #Flood in #Belgium pic.twitter.com/lS0r76F4EI — Algeria – News (@Algeria_News_DZ) July 24, 2021 New floods have again swamped areas of Belgium and washed away cars as a wave of thunderstorms and heavy rain hit the country on Saturday https://abcnews.go.com/International/wireStory/floods-hit-belgium-amid-stormy-weather-79036535   … Read more

French Asking All Military And Police To Abandon Macron!

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We support a peaceful transition to a 6th Republic of France as a way out of the current crises. We call upon responsible & legitimate senior military leaders to assist our revolutionary brothers & sisters in this transition & the immediate departure of Macron from the Élysée 🇨🇵 https://t.co/bcrVodu10Y — Atlanta Liberal (@AtlantaLiberal) July 24, … Read more

Gianna: “I literally regret voting for Biden, gas is up, rent is up, grocery prices are up. You’ve done nothing but literally increase middle class cost of living.”

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View post on imgur.com https://twitter.com/giannaLTM/status/1417867373688786952 Note: She deleted her tweet after the Twitter mob showed up to castigate her. https://twitter.com/giannaLTM/status/1418166298694103045 https://twitter.com/giannaLTM/status/1418185825431572484   h/t dr0id

New Shortages Starting – Stock Up Before It’s Too Late – New Lockdowns Are On The Way

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https://www.youtube.com/watch?v=mqWMw55qUls International containment measures are causing new, never-before-seen breaks in the supply chain. Officials are warning that the shortages that happened in 2020 are coming back. Take the time right now to make sure that your family has the medicine, food, water, and hygiene goods that they need to make it through this crisis.

Why Are Thieves Stealing So Many Catalytic Converters?

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by Doug French via Mises The local paper offered up this vague headline last week, “Car Part Thefts Up in Henderson in 2021, Police Say.” Most readers likely passed over the article. But, in the time it takes to read the piece, a half dozen catalytic converters can be stolen. “It actually takes an individual who’s committing these offenses about … Read more

China Braces For The Mother Of All End Of Days MEGATYPHOON After Floods

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https://twitter.com/disclosetv/status/1418990520395878401 This will be epic! #UPDATE Map showing the path of Typhoon In-fa, which is expected to make landfall in eastern China at the weekend pic.twitter.com/IZO2vuc3wh — AFP News Agency (@AFP) July 23, 2021 Typhoon In-fa is bearing down on the southern Japanese islands and has its eye set on eastern China by next week. … Read more

Not Even 50% Inflation Will Make Argentina Boost Interest Rates

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(Bloomberg) — Argentina’s central bank is ruling out increasing interest rates for the foreseeable future even as currency pressures mount and annual inflation climbs above 50%. The country’s monetary authority is prepared to keep holding its key rate for months to come, according to people with direct knowledge of the matter. The central bank, know … Read more

Supply chain doom – German news magazine focus warns if shortages Ikea, Aldi, Lidl and many more

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So it’s in the news, delivery delays make ikea, Aldi, Lidl and many more. Especially washing mashine shortages and so on.ikea will delist 600 products for at least 1 year.. They blame corona outbreak in a Chinese port.. https://m.focus.de/finanzen/boerse/konjunktur/stau-in-chinesischem-mega-hafen-ikea-aldi-deichmann-welche-haendler-wegen-lieferengpaessen-jetzt-das-sortiment-kuerzen_id_13502893.html Oh, there’s more – all from today! We should prep and have a bug out bag: … Read more

US House Price Growth Slowing … A Bit … As Fed Slows M2 Money Growth (Slow Stimulus Withdrawal)

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by confoundedinterest17 John Burns consulting has this interesting chart showing a slight slowdown in home price growth. But HPI growth is still growing strong. At 17% YoY in June. The Case-Shiller National home price index, growing at 14.6% Yo is lagged with reporting only as of April. But you can see the slowing M2 Money Stock YoY. … Read more