by Chris Black You will hear these domesticated BRCC Gen Xers say stuff like “I accept it because I had a friend who turned out to be gay.” That’s a bit like accepting drug addiction because you had a friend who was an addict. It is often argued that because gay “isn’t a choice,” we … Read more
by Chris Black Enjoy the start of the work week. Q: Isn’t it a fact that the president’s proposed budget proposes $4.7 trillion in new taxes? Sec. Yellen: It does propose significant additional taxes, yes. Q: $4.7 TRILLION? Sec. Yellen: Something like that, yes. pic.twitter.com/ncL1CAImlD — John Kennedy (@SenJohnKennedy) March 23, 2023 The Federal Reserve … Read more
by Michael This is what happens when you systematically suck all of the values out of a society. There is utter lawlessness in the streets, and violence can literally erupt anywhere. On Monday, a mass shooter ruthlessly gunned down six Christians at a private Christian school in Nashville, Tennessee. The shooter once attended the school, but after … Read more
India & Bangladesh are in talks about doing away with the dollar as the official currency for payments between the two countries — a development that would bring down the cost of trade as well as the conversion rate losses for businesses and ordinary people. One thing is sure: More & more countries are moving … Read more
by Chris Black When you ask how much it costs to build, install, and maintain wind and solar, compared to how much energy they produce over their useful life, the greens will not answer that question. They’ll claim the cost doesn’t matter because reducing carbon dioxide is far more important. Eminent Oxford Scientist Says Wind … Read more
JUST IN – Staffer for U.S. Senator Rand Paul was stabbed multiple times with a knife "in broad daylight" in Washington DC. — Disclose.tv (@disclosetv) March 27, 2023 pic.twitter.com/x4GPwi7Hhx — The Bloodstone™ 🎸 (@BS2KZ) March 27, 2023
Remember this piece of work? Just learned the crazed Lib who was always on Fox News as "The Liberal Sherpa" is in jail for multiple crimes against her 88-year-old mother, including kidnapping and theft of $224,000. pic.twitter.com/yMpbYZrxfr — Dane (@UltraDane) March 27, 2023 h/t Waffles
2 weeks ago, Jane Fonda went on TV and told activists to kill pro-lifers: https://t.co/x6qr8Newii — End Wokeness (@EndWokeness) March 27, 2023
A brilliantly gross image of a fly infected by the endoparasitoid fungus cordyceps. The fungus keeps the host alive as long as possible and directs the animal to climb to a prominent exposed perch where spores are released [📷 Faiz Bustamente: https://t.co/EDHxxrxHb5] pic.twitter.com/eI1ktjznpv — Massimo (@Rainmaker1973) March 27, 2023 That’s what people who have the … Read more
If you want to build #wealth, stop doing things that deter that process.– $2000 iPhones with monthly payments.– $1000 car notes. – Spending more than 20% of your monthly budget on #Housing– Using #debt to support lifestyles. Save 30% of your income and #invest like crazy pic.twitter.com/9Z2fVQPeXr — Lance Roberts (@LanceRoberts) March 27, 2023
by Ayy_boi3 No, and here’s why: The Fed Discount Window gives out loans to banks in need. Recently banks have taken out huge amounts of loans from here to prepare for any continuation in panic outflows that have arisen from the SVB and Signature Bank debacles. The amount of money banks take out as a … Read more
via YAHOO: Bond investors are piling into wagers that a US recession is around the corner amid a growing dissonance between how markets and the Federal Reserve see the outlook for the economy. “Inflation is still high, but the bond market is saying we are heading into a major slowdown,” said Kenneth Taubes, chief investment … Read more
U.S. banks borrowed $475 billion last week, but look at the breakdown: – Large Banks: +$250B– Small Banks: +$250B– Foreign-Related Banks: +$25B Small banks borrowed the same amount as large banks. Relative to their size small banks borrowed TWICE as much as large banks. 2/7 pic.twitter.com/m3gfdwHs64 — The Kobeissi Letter (@KobeissiLetter) March 25, 2023 New … Read more
High bond volatility amidst banking crisis suggests that corporate credit spreads remain too tight and may widen significantly in line with the MOVE Index movement. What are your thoughts on this? High #bond #volatility amidst banking crisis suggests that corporate #credit #spreads remain too tight and may widen significantly in line with the #MOVE Index … Read more
by Pengufen Deutsche Bank balance sheet: https://investor-relations.db.com/files/documents/annual-reports/2023/Annual-Financial-Statements-of-Deutsche-Bank-AG-2022.pdf Credit Suisse balance sheet: https://www.credit-suisse.com/about-us/en/reports-research/annual-reports.html (2022 Consolidated financial statement) Most of their assets are illiquid and their reserve and cash on hand balance has shrunk by about 50% from a year ago. The same thing happened to credit suisse. They have about 69 billion euros on reserve and this month have to … Read more
2008 recession the market topped Late 2007. Last rate hike Was end of june 2006. Rate drops started july of 2007. Economy tanked already in 2006 when people defaulted on their mortage and housing prices crashed. We are not there yet so id say music stops 6 to 12 months from here. The policy makers need … Read more
by Chris Black They told us Russia’s economy would be destroyed, their military would be weakened, there would be mass protests, leaders would be removed and they’d end up totally isolated. Looks to me like that is describing what’s happening to the US and Europe. If you’re running the Western banking system into the ground, … Read more
Humza Yousaf announced as new Scottish National Party leader replacing Nicola Sturgeon https://news.sky.com/story/humza-yousaf-announced-as-new-scottish-national-party-leader-replacing-nicola-sturgeon-12843363 Say hello to Humza Yousaf, Scotland’s new leader. pic.twitter.com/xkssDerMho — Ian Miles Cheong (@ianmiles) March 27, 2023 First London, now Scotland. Farewell Scotland, you’re finished now. h/t A Deplorable Neanderthal