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Desmond Lachman, an economist and senior fellow with the American Enterprise Institute (AEI), told Breitbart News on Sunday that the U.S. is beginning to resemble a Latin American country given its inflation, government spending, and printing of money. “[The U.S. is] in [a]very bad position from a long-term point of view. I don’t see how … Read more
by confoundedinterest17 Inflation keeps rising and wage earners continue to suffer. Today’s inflation print shows headline CPI YoY at 5.4% and core CPI YoY are 4.5%, the highest since 1991. The problem is that real average hourly earnings printed at -1.7% YoY. 0.9% June inflation x 12 months = 10.8% Run Rate Inflation. If we look … Read more
Via SchiffGold.com, Consumer prices have been rising precipitously this year. If you annualize the Consumer Price Index through the first five months of 2021, you get a CPI increase of over 6%. Federal Reserve Chairman Jerome Powell continues to push the narrative that inflation is transitory, but not everybody buys into this storyline. On the Wolf Street … Read more
https://twitter.com/FatEmperor/status/1414881545979146244 https://twitter.com/FatEmperor/status/1414881549925986305 h/t Tess
BY JOHN RUBINO There’s never been a generation as influential, for good or ill, as today’s Baby Boomers. So our mass retirement over the next decade should, in theory, be a big deal. One scenario has us selling our stocks and either spending the proceeds or moving them into less risky assets like bonds and cash. … Read more
https://twitter.com/NorthmanTrader/status/1414917841577517067 https://twitter.com/RetirementRight/status/1414959652731867137 https://twitter.com/RetirementRight/status/1414959030582267910 https://twitter.com/farrisbaba/status/1414763541828149250 Get ready for more food price increases…there are a lot of food products that contain oilseeds https://t.co/rLTPc9hp6l — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) July 13, 2021 https://twitter.com/RetirementRight/status/1414761356763402248 Another hot #inflation report with #US CPI inflation accelerating to 5.4% in June (vs. 4.9% expected)Persistent inflationary pressures could eventually become negative for US … Read more
In a new survey, 60% of millennials earning over $100,000 said they live paycheck to paycheck. Some of these millennials — known as HENRYs — prefer a comfortable, expensive lifestyle. In today’s economy, $100,000 is considered middle class in the US. High-earning millennials feel broke. Sixty percent of millennials raking in over $100,000 a year said they’re living paycheck to … Read more
Former New Jersey Governor Chris Christie said that in regards to the Texas voting law, Democrat rhetoric “outstrips what’s actually being done,” during a segment on ABC’s “This Week” with George Stephanopoulos on 7/11/2021. Be sure to like, subscribe, and comment below to share your thoughts on the video.
⚠️#unrest and #collapse are already coming to some countries🇿🇦. #CubaLibre too.After Summer…Worldwide🌐🇪🇸La que se avecina💥 https://t.co/uIX3ZYKu2L — Antonio Pérez-Algás (@apanalis) July 12, 2021 https://twitter.com/arbitrage_andy/status/1414761544840327169
READ MORE https://www.judicialwatch.org/press-r… https://www.judicialwatch.org/press-r… Judicial Watch filed a Freedom of Information Act (FOIA) lawsuit against the U.S. Postal Service (USPS) for information relating to the tracking and collecting of Americans’ social media posts through its Internet Covert Operations Program (iCOP) (Judicial Watch, Inc. v. U.S. Postal Service (No. 1:21-cv-01735)). Additionally, Judicial Watch filed a Freedom … Read more
MUST WATCH: Actor Terry Crews EXPOSES Hollywoods DIRTIEST secrete to Congress
Pfizer Inc., the world’s largest drug maker, will pay a record $2.3 billion civil and criminal penalty over unlawful prescription drug promotions, the Justice Department announced Wednesday. (Sept. 2) h/t rekm35
KING GONE Burger King sign reading ‘we all QUIT’ goes viral after fed-up employees walk out with very public goodbye A SIGN at a Burger King reading “we all quit” has gone viral after fed-up employees walked out with a very public goodbye. Former employees said they were unhappy with upper management at the Lincoln, Nebraska, … Read more
There appears to be thousands of pro-vaccine bot networks on Twitter, all saying the exact same thing. Who pays for this? pic.twitter.com/zz99Hco4BL — Dr. Simone Gold (@drsimonegold) July 12, 2021 h/t Tess
Boris Johnson has seen off a rebellion over his plan to cut overseas aid spending. MPs voted 333 to 298 in backing the reduction from 0.7% of gross national income to 0.5%.
Florida Gov. Ron DeSantis (R) explained on Monday why some areas of the country are seeing a tremendous crime wave, attributing it to “weak policies” and anti-police rhetoric, which he said are resulting in “disastrous consequences.” Speaking from Green Cove Springs, Florida, on Monday, DeSantis said police officers around the country want to come to … Read more
by Lance Roberts Bubbles are evident and only get acknowledged after they pop. Such is because, during the inflation phase of the market bubble, investors rationalize why “this time is different.” We have seen many examples of this rationalization over the last couple of years. Such as stocks are cheap based on economic growth, low-interest rates justify … Read more
Yahoo Finance’s Myles Udland, Julie Hyman, and Brian Sozzi discuss the earnings results for JPMorgan, Goldman Sachs, and PepsiCo, and what it means for market returns.
by Martin Armstrong If Ashli Babbitt, who was unarmed and shot point-blank and killed, was black and this was on the street, there would be national riots everywhere. The policeman would be identified, and demands to be prosecuted would echo down every airwave. But she was a white veteran and the Democrats tried to call … Read more