The South China Morning Post (SCMP) on Thursday quoted Chinese biologists, maternity doctors, and political advisers saying that Chinese infertility rates increased much faster than expected over the past decade, making it harder to pull out of the demographic crisis that was caused in part by China’s draconian “One Child Policy” population controls. The SCMP noted that China’s infertility rate … Read more
Businesses in downtown Chicago that survived the pandemic-related economic slump and two spasms of looting last summer should be ecstatic with Monday’s reopening of America’s third-largest city. Yet, many are batting a new hardship — a surge in crime that is keeping customers, and their money, away. “I’ve never felt more unsafe than I do … Read more
Renowned geopolitical and financial cycle expert Charles Nenner made a huge call at the end of January 2020. Nenner said, “I am more worried about the market going down 40% than making 5% more on the upside.” The market topped a few weeks later (2% higher) and then plunged 38% for the next several weeks. … Read more
from Daily Market Wisdom with Nick Santiago For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring … Read more
https://twitter.com/GailAnon79/status/1406238078721724421 Link to Download this video: https://video.twimg.com/ext_tw_video/1406237998916718593/pu/vid/576×1024/YrAUOxTlqnzaxBhR.mp4?tag=12 h/t dr0id
Fed official sees first interest rate hike next year, not in 2023, thanks to inflation St. Louis Federal Reserve Bank President James Bullard sent markets tumbling on Friday when he predicted an interest rate hike in late 2022, earlier than the central bank consensus. Bullard, who has led the St. Louis Fed since 2008, said … Read more
Wall St. For Main St., Released on 6/18/21 Adem Tumerkan from Speculators Anonymous made a contrarian guest post video about how and why deflation or disinflation can come in the next few months. There is also brief commentary about Adem’s video and his disinflation thesis by Jason at the end of Adem’s video about China’s … Read more
Want to stop governing in order to stop a bill? In Texas, that’ll stop you from getting paid. On Friday, Texas Republican Gov. Greg Abbott vetoed funding for the Texas Legislature after the state House Democratic caucus walked out to avoid a vote on an election integrity bill late last month. The move, first reported by the Texas … Read more
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Bill Maher Tells Lin-Manuel Miranda To ‘Stop Apologizing’ To Critics For Lack Of Representation In New Film. Bill Maher had some harsh words for the critics of Lin-Manuel Miranda’s new film during his talk show Friday, according to Deadline. Miranda’s new film, “In the Heights“, has received criticism for not including enough darkly-colored Afro-Latino characters. … Read more
IT’S A GRIFT: Well-meaning Americans are being suckered into an illiberal political cabal. Days before the Fourth of July, the famed KIPP charter schools announced they’d be abandoning their longtime slogan: “Work Hard, Be Nice.” In a statement, KIPP’s leaders said they were dumping the decades-old slogan because “Working hard and being nice is not going to dismantle … Read more
by Gary Galles via Mises Three city blocks were systematically burned to the ground as hundreds of the local police stood by and viewed the violence. They were obeying orders not to harm the arsonists. The National Guard was called, adding more armed watchers. A passive gendarmerie consorting with open rebellion has rarely been seen in American history, … Read more
Power companies in Texas are remotely raising temperatures inside of some customers’ homes amid the state’s ongoing energy shortage. Houston resident Brandon English, whose home has an internet-connected smart thermostat installed, was shocked to learn of the practice after his wife and infant daughter “woke up sweating.” Speaking with KHOU 11, English stated that despite his … Read more
Imagine pretending to be edgy or hip when every rich dude over 60 supports your cause in name while using you as a pawn.
San Francisco saw the second largest population decline of all major cities in the U.S. in 2020, according to census data. Only one city —Baltimore — logged a greater population decline. San Francisco’s population shrank by 1.39% between July 1, 2019, and July 1, 2020, U.S. Census data shows. Before that, San Francisco’s population had … Read more
WASHINGTON (AP) — As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: The ransoms may be tax deductible. The IRS offers no formal guidance on ransomware payments, but multiple tax experts … Read more
Tropical storm brings flooding rainfall to Gulf Coast… Less than three weeks into the season, the Gulf Coast of the United States was bracing for its first significant impact of the 2021 Atlantic hurricane season. Tropical storm warnings were plastered along the coast from southwestern Louisiana to the far western Florida panhandle on Friday, and … Read more
How can a government, that’s $28 trillion in debt, spend trillions of dollars that it does not have? Well, one major way is the Federal Reserve creates money-out-of-thin-air and then ‘loans’ it to the government by buying the government’s bonds. Naturally, when the Fed counterfeits new dollars to do this, the value of the dollars … Read more
https://twitter.com/UPFINAcom/status/1405677266332434435 You want to know how it looks like a 💣TICKING BOND💣? US high-yield corporate bonds' real yield turned negative. @SaxoStrats @saxomarketcall @saxobank pic.twitter.com/T9M1F2qSGa — Althea Spinozzi (@Altheaspinozzi) June 17, 2021 In summary, the prospect of a rate hike two years from now obliterated the cyclical rally. Ponzi inflation was obliterated by the sell order. … Read more
