The Biden crime family is panicking

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Possible charges are being brought against degenerate Hunter Biden via theguardian: The White House is bracing for political fallout from a looming decision by federal prosecutors over whether to charge Joe Biden’s son Hunter with tax crimes and lying about his drug use when he bought a handgun. In a signal that the investigation is … Read more

Robin Brooks: ‘European data are starting to look really bad.’

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European data are starting to look really bad. Headline PMI indices (black) are falling sharply across the Euro zone and Poland and are everywhere below the critical 50 threshold. Weak data are going totally under the radar because everyone's fixated on Euro going up to 1.20… pic.twitter.com/xbAACIcVJF — Robin Brooks (@robin_j_brooks) May 8, 2023 Strong … Read more

Morgan Stanley expects a -0.4% GDP in the second quarter in the U.S…The market is expecting the Fed to start cutting rates very soon… Fed’s Goolsbee: I’m getting the “vibes’ that a credit squeeze is beginning.

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Morgan Stanley expects a -0.4% GDP in the second quarter in the U.S. pic.twitter.com/Ksns6UdD2N — Daniel Lacalle Official Account (@dlacalle_IA) May 8, 2023 The market is expecting the Fed to start cutting rates very soon pic.twitter.com/cGkUvk3vil — Genevieve Roch-Decter, CFA (@GRDecter) May 8, 2023 FED'S GOOLSBEE: I'M GETTING THE “VIBES' THAT A CREDIT SQUEEZE IS … Read more

Patrick Bet-David: ‘Gun sales are about to skyrocket again. If the government won’t do its job to protect the border, families will have to do it themselves. It’s a very natural reaction.’

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Gun sales are about to skyrocket again. If the government won’t do its job to protect the border, families will have to do it themselves. It’s a very natural reaction. Very disturbed & frustrated with the 3 mass murders that took place in Texas. Protect your families folks. — Patrick Bet-David (@patrickbetdavid) May 8, 2023

John P. Hussman: ‘Why do cash reserves, not new loans, dominate the increase in M2 over the past decade? Why were banks enticed into accumulating Treasury securities that have led to massive balance sheet losses?’

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Why do banks have $8 trillion in uninsured deposits? Why do cash reserves, not new loans, dominate the increase in M2 over the past decade? Why were banks enticed into accumulating Treasury securities that have led to massive balance sheet losses? Why is $#%! about to break? pic.twitter.com/mldVMkIPzJ — John P. Hussman, Ph.D. (@hussmanjp) May … Read more

The Insanity of Bitcoin & CBDC

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by Martin Armstrong QUESTION: Just about every Bitcoin advocate says you are wrong and Bitcoin cannot be stopped. Yet, it seems they are dreaming. Here in Europe, we are already restrained by the maximum cash transaction is €1000. You maintainer that cryptocurrencies will be outlawed or seized? HT https://www.armstrongeconomics.com/wp-content/uploads/2023/05/LaGarde-Digital-Currency.mp4 ANSWER: Yes. Here is Lagard on digital currency. … Read more

Remember when the SEC banned short sales on ~1,000 financial stocks on September 19th, 2008, and then the S&P 500 index fell ~50%?

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by TonyLiberty The SEC banned short sales on ~1,000 financial stocks on September 19th, 2008. The SEC’s ban on short selling was intended to prevent investors from driving down the prices of financial stocks by shorting them. But, the S&P 500 index fell ~50% to its lowest point in the months following the ban. Regulatory … Read more