Biden’s Debt and Inflation Problems Won’t Be Easy to Fix… If The Government Calculated Inflation Like It Did In 1980, CPI Would Be Running At North Of 11% Y/Y.

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via 19fortyfive: President Joe Biden’s bold budget proposals must raise serious questions about the country’s economic future. Not only do they raise immediate inflationary concerns. They also raise concerns about the country’s long-run debt sustainability. In his first 100 days in office, Mr. Biden has come up with three very large budget proposals at an estimated total cost … Read more

FT: WallStreetBets turns to crypto as main subject

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WallStreetBets turns to crypto as main subject FT pic.twitter.com/Hsd4SnowaF — Russian Market (@runews) May 25, 2021 BITCOINERS AND ETHEREANS JUST SUDDENLY SWAPPED TALKING POINTS New blog post on how Bitcoinf influencers are talking about making their industry ESG-friendly and how Ethereum bulls are talking about ETH being "ultra sound money"https://t.co/iDR27KcZzc — Joe Weisenthal (@TheStalwart) May … Read more

The Everything Shortage, and Cryptos (of Course) with John Rubino

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from Kerry Lutz’s Financial Survival Network John Rubino talks cryptos, of course, and shortages are popping up everywhere. From today’s DC links list: Companies are panic-buying as supplies run short Ag’s latest headache: a shortage of pallets for shipping produce Chick-fil-A suffers sauce shortage amid industry-wide supply chain issues Social Media Censorship Slammed After Fauci Admits Possibility … Read more

Fed Balance Sheet Up $92 Billion In The Last Week, Other Central Banks’ Sheets Growing Out of Control!

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by Jason Burack of Wall St For Main St US federal government budget deficits are on a $4 trillion plus annualized pace while the Fed is now putting in a permanent repo facility for money market funds, hedge funds, real estate investment trusts (REITs) and other non-banks to borrow from. FULL SHOW NOTES AND LINKS HERE Commit to … Read more

Windham, New Hampshire, Auditor Says 60% Error Rate

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by Sundance Background – The people on the ground in Windham, New Hampshire, are doing an excellent job holding the election officials and auditors accountable to the people during this forensic ballot audit. The audit started because the tabulating machines (Dominion hardware and software) did not accurately count the votes from the physical ballots. During … Read more

Retired DOD officer: US government in possession of “exotic material” recovered from UFOs

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by: Virgilio Marin (Natural News) Luis Elizondo, a retired officer at the Department of Defense (DOD), claimed that the U.S. government is in possession of “exotic material” recovered from UFOs. In a recent interview on Fox News‘ “Tucker Carlson Tonight,” Elizondo said he believes there is physical evidence of UFOs and urged the government to be more transparent about it. When asked whether … Read more

TRUMP: CNN Doesn’t Even Have A Show In The Top 100

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Like Trump or not….he does have an uncanny way of tanking his enemy’s ratings!!! Donald J. Trump 5:00pm May 24, 2021 Highly respected pollster John McLaughlin says 73% of all Republicans want Trump to run again in 2024 and Republican primary voters would support him 82%-13%. Even the Washington Post has just reported “All Republican … Read more

JUST IN! THE U.S. HOUSING CRISIS IS SET TO GET WORSE

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Home prices have risen and continue to rise at twice the rate of wage growth. As wage growth stagnates and housing costs continue to climb, most Americans are stuck with an inability to comfortably pay for housing. With supply shortages across the country, the simple answer to the high rental rates is, of course, to build more … Read more

Time to Confront the U.S. Capitol Police About Its January 6 Lies… The Capitol ‘armed insurrection’ narrative is crumbling

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The body of U.S. Capitol Police Officer Brian Sicknick wasn’t even cold before his employer leveraged his untimely death to stoke more outrage about the events in the nation’s capital on January 6. “At approximately 9:30 p.m. this evening . . . United States Capitol Police Officer Brian D. Sicknick passed away due to injuries … Read more

BABA is likely to deliver 20% yearly returns for the next decade and beyond. Massively undervalued among tech megacaps, and ready to take off (DD)

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by bragghy Value investing and long term holding might not be synonimum with wallstreetbets, but I don’t care, because I want to get this stock as much attention as I can now that I hold it. Alibaba is currently worth $570B or $210 per share and recently its price dropped after it missed profits in Q1, Jack … Read more