STUDY: Americans Are Increasingly “Fleeing” California And New York For Florida And Texas

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Authored by Jack Phillips via The Epoch Times, A new study revealed that Americans are continuing to flee New York and California for places like Texas and Florida in recent months. “Despite the 2020 pandemic, this year Americans are following similar moving trends as prior years. Millions of Americans are moving either to start a new job or to … Read more

A Trillion Here, And Trillion There, And Sooner Or Later, You’re Talking About Real Money….

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via Ed Driscoll: Biden’s $6 Trillion Blowout Budget Proposal Would Have Three Embarrassingly Bad Results, Study Finds. Not least of which: Deutsche Bank Issues a Terrifying Warning for America Under Biden. “The authors warned that ‘neglecting inflation leaves global economies sitting on a time bomb.’ They noted similarities between the 1970s and today.” Fortunately, President Biden takes economics … Read more

We Should Be Shocked By What Inflation Is Doing To Home Prices, Because We Have Never Seen This Before

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by Michael Snyder If you are shopping for a home right now, I really do feel sorry for you.  Home prices in many areas of the country have officially crossed the line into “absurd” territory, and they just keep going higher.  Thanks to wild spending by the federal government and the economic malpractice that has … Read more

People Get Ready … Mortgages Rates Will Rise (10Y T-Note Yield Rises After Fed Meeting)

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by confoundedinterest17 People get ready … mortgage rates will rise. The 10-year Treasury Note yield rose after The Fed announced that they aren’t going do much until 2023, but rates rose anyway. Rising home prices may get nuked by rising rates. Odd that The Fed didn’t mention M2 Money or M2 Money Velocity at today’s briefing.   … Read more

Mao’s Cultural Revolution Has Arrived in America

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From 1966 to 1976, Chinese society suffered under what we now call the Cultural Revolution. The Cultural Revolution, previously known as the Great Proletarian Cultural Revolution, was a multifaceted affair undergirded by a vicious, fanatical campaign to destroy the “Four Olds.” In 1971, The New York Times described the campaign thusly: “One of the early … Read more

Need any more proof America is dumbing down the kids?

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Parents furious after Black students in NYC fail all subjects In what could be the straw that breaks the camel’s back, middle-class black families in Queens are mobilizing against the city Department of Education’s routine acceptance of rotten public schools. As The Post’s Georgett Roberts and Selim Algar report, these parents in District 29 aren’t … Read more

Real Estate – Alternative to Bonds

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by Martin Armstrong QUESTION #1: It has become impossible to buy houses between $300-$500,000 in the Orlando area. From a realtor, he said that Blackrock is buying everything and they rely on a famous forecaster who said real estate is the only way to earn income. He said he heard it was someone in Florida. Is … Read more

What Inflation? Export Prices Rise 17.4%, Import Prices Rise 10.8% (Copper And Nickel Fall 4%)

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by confoundedinterest17 Ahead of The Federal Reserve meeting today, here are some interesting numbers that they won’t consider. 🙂 The US export price index (end use) for all commodities for 17.43% year-over-year in May. The import price index rose 10.83%. We were seeing a surge in commodity prices, like lumber and copper. But today we are … Read more

ROARING 20S: Aspen Mansion Sells for Record $72.5 Million… Poultry Prices Highest Ever… Is Fed Planning Escape Route?

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ROARING 20S: Aspen Mansion Sells for Record $72.5 Million… A mansion overlooking downtown Aspen has sold for $72.5 million, according to two people familiar with the deal. Appraiser Jonathan Miller said the transaction sets a price record for a single-family home in the upscale Colorado ski town. The deal follows the sale last year of … Read more