Powell on Bank Acquisitions

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by Martin Armstrong After the FOMC decision, Jerome Powell stated during his Q&A that the Federal Reserve does not have a plan to consolidate banks. “I personally felt that having small, medium, and large were a great part of our banking system,” Powell stated, noting that they all serve different customers. Powell said it could … Read more

Scotland: Increase in Excess Deaths in Young People: 2023 Latest Official Data

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Scotland Government Data: https://www.nrscotland.gov.uk/files//statistics/vital-events/monthly-mortality/monthly-mortality-march-23-report.pdf 20-24 year old – 15% higher than the usual death rate. BREAKING: 🇳🇿 New Zealand records highest death increase in more than 100 years https://t.co/2PTAAzBOXU — TexasLindsay™ (@TexasLindsay) May 9, 2023 h/t JADR

U.K. – 4O% of free electric car charge point have disappeared… It’s not like you haven’t been warned! In Norway charging a car is now more expensive than filling it with fuel.

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Same in (most places) in Sweden. A few years ago, it was possible to charge without cost in almost ever town. That's all gone since about a year.You need to register to charge aswell – can't pay cash anywhere. Preparation for social credit score? (Same with parking btw) — mats (ノಠ益ಠ)ノ彡┻━┻ (@robotmats) May 9, 2023

As the Fed raise interest rates at the fastest pace in history. Then they wonder why it all broke. Can anyone say credit crunch?

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As they raise interest rates at the fastest pace in history. Then they wonder why it all broke. — The Kobeissi Letter (@KobeissiLetter) May 8, 2023 Can anyone say credit crunch? 😂 pic.twitter.com/IjHT1zVSEo — Nikolay Kolarov, CFA (@libertniko) May 8, 2023 Investors are warning of growing issues in the $5.6 trillion US commercial property market. … Read more

Car Repo Markets In Trouble

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Car Repos are showing up in large numbers at used car dealer auctions! The used car lending market could be in trouble. If people can’t pay for their cars then dealers and banks will take huge hits!   h/t Toad Liquor

Commiefornia’s New Hotline Program: Snitching on Your Neighbors for ‘Hateful’ Activity

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Here’s another example of leftists being authoritarian under the guise of trying to protect marginalized groups. California has rolled out a program ostensibly designed to stop hate crimes and other acts of bigotry. How? By creating a hotline allowing residents to snitch on one another for engaging in “hateful” activity. The program, which is called … Read more

Black women before & after the left took over black Society.

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https://twitter.com/TheRightMelissa/status/1655553244431630336 This same social engineering program the left deployed against black America, is now being deployed against whites & all other races yielding the same destructive results. Marriage rates are falling among whites resulting in poverty, crime, teen pregnancy etc It’s by design. — Melissa Tate (@TheRightMelissa) May 8, 2023

Texas Gold Backed Digital Currency Approved

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via schiffgold: On May 2, a Texas House committee passed a bill to create 100% reserve gold and silver-backed transactional currencies. Enactment of this legislation would create an option for people to conduct business in sound money, set the stage to undermine the Federal Reserve’s monopoly on money, and possibly create a viable alternative to … Read more