DoubleLine’s Gundlach Says the U.S. Dollar Is ‘Doomed’ Because of the Country’s Rising Deficits. Inflation Today Reminds Him of the 1970s

by

DoubleLine’s Gundlach Says the U.S. Dollar Is ‘Doomed’ Because of the Country’s Rising Deficits Doubleline CEO Jeffrey Gundlach comments on what he sees for the dollar over the next few years, saying he believes it will fall pretty substantially. ‘Bond King’ Gundlach Says Inflation Today Reminds Him of the 1970s Doubleline CEO Jeffrey Gundlach discusses … Read more

New wealth tax for Canada…

by

OTTAWA – Jagmeet Singh says the New Democrats would tackle the country’s multi-billion deficit through the party’s long-standing promise to tax extremely wealthy Canadians and corporations. His promise came during a campaign-style stop in Windsor, Ont., to announce the party’s plan to create one million jobs — a goal the Liberals and Conservatives have also … Read more

CHINA COLLEGE GRADUATES FACES RELATIVELY BIG PRESSURE ON EMPLOYMENT – STATS BUREAU SPOKESPERSON

by

CHINA COLLEGE GRADUATES FACES RELATIVELY BIG PRESSURE ON EMPLOYMENT – STATS BUREAU SPOKESPERSON — First Squawk (@FirstSquawk) July 15, 2021 #China's #GDP grew 12.7% y/y in the first half of the year to 53.22 tn yuan. The two-year average GDP growth for Q2 was 5.5%. https://t.co/z3nS2jrluW — YUAN TALKS (@YuanTalks) July 15, 2021 #recession … … Read more

Biden Unhinged: Voter ID Requirements Worst Threat ‘Since The Civil War!

by

by Daniel McAdams and Ron Paul of Ron Paul Liberty Report President Biden once again dredged up his “not since the Civil War” hyperbole, this time to describe efforts in Texas and elsewhere to require people to show IDs before casting a vote. Civil War? Really? Also today, Biden allies plan to “fact check” private text messages? And…why is the … Read more

Alasdair Macleod: If Interest Rates Go Up, the Bubble Pops

by

Palisades Gold Radio, Released on 7/15/21 Tom welcomes back Alasdair Macleod, Head of Research For GoldMoney. Alasdair discusses the Fed’s levels of reverse repos and quantitative easing of 120 billion a month. Since the banks can’t absorb all the extra liquidity-seeking returns, the Fed must step into the market. To subscribe to our newsletter and … Read more

Wall Street firms buy up single-family homes during real estate boom

by

https://www.youtube.com/watch?v=eDszwj9S1co The pandemic has created a real estate sales boom. People confined to their houses or apartments and working from home wanted more space, and historic low interest rates helped to drive prices through the roof. But tens of thousands of Americans found themselves on the losing end of a bid because Wall Street firms … Read more

CALIFORNICATION: The Challenge of Economic Recovery Continues to Grow under New Regulatory Burdens and More than $2.1 Billion in New Taxes and Fees.

by

via commonsenseinstituteco: Despite tax revenue to the state’s General Fund rebounding to more than $2 billion above pre-pandemic levels[i] and a surge of more than $65 billion in federal funds to Colorado, the 2021 legislative session, which ended June 8th, resulted in an additional net tax burden of $302 million (in FY23) on individuals and businesses. New fee-based … Read more

MATT TAIBBI: Spying and Smearing is “Un-American,” not Tucker Carlson.

by

After Obama left office, illegal leaks of classified intercepts became commonplace. Many, including the famed January, 2017 leak of conversations between Michael Flynn and Russian ambassador Sergei Kislyak, were key elements of major, news-cycle-dominating bombshells. Others, like “Russian ambassador told Moscow that Kushner wanted secret communications channel with Kremlin,” or news that former National Security Adviser … Read more