Supply chain issues from an insider.

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by JimmyBones Employed by Major Home Improvement retailer. Been informed that we are going to have way worse shortages than we already have or had anticipated. The company is scrambling to conduct sweeping remodels of the “floor” to help offset the look of empty shelves and drop zones. We received reporting that showed us our “get … Read more

Federal Reserve Suggests 4-6 Week Shutdown… U.S. Gets a Debt Warning From Fitch as Stimulus Battle Rages

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WASHINGTON (Reuters) – The U.S. economy could benefit if the nation were to “lock down really hard” for four to six weeks, a top Federal Reserve official said on Sunday, adding that Congress can well afford large sums for coronavirus relief efforts. The economy, which in the second quarter suffered its biggest blow since the … Read more

WSJ: The Federal Reserve is preparing to effectively abandon its strategy of pre-emptively lifting interest rates to head off higher inflation

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by GloBoy54 The Federal Reserve is preparing to effectively abandon its strategy of pre-emptively lifting interest rates to head off higher inflation, a practice it has followed for more than three decades https://t.co/809L8FYeXI — Nick Timiraos (@NickTimiraos) August 2, 2020 https://www.wsj.com/articles/fed-weighs-abandoning-pre-emptive-rate-moves-to-curb-inflation-11596360600 The Federal Reserve is preparing to effectively abandon its strategy of pre-emptively lifting interest … Read more

Singapore to make travellers wear electronic tags to enforce quarantine

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From August 11, the devices will be given to incoming travellers, including citizens and residents, from a select group of countries who will be allowed to isolate at home rather than at a state-appointed facility. Similar measures using electronic wristbands to track peoples’ movements during quarantine have been used in Hong Kong and South Korea. … Read more

Message Received, Something Big Is About To Drop, The Enemy Is Being Exposed

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https://www.youtube.com/watch?v=Lp3fEze99q0 The [DS]/MSM are now being trapped, people are waking up around the world, they reaching the point that they want change. The people are now waking up about what’s been happening with the children, GM documents were released and it’s all falling apart for the elite, they are being exposed. Something big is about … Read more

You can say there is NO bubble in technology, but that still doesn’t resolve the valuation issues.

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You can say there is NO bubble in technology, but that still doesn't resolve the valuation issues. pic.twitter.com/XfWkBdJamO — Lance Roberts (@LanceRoberts) August 3, 2020 The new listing of Lordstown Motors continues to trend of more and more EV equity supply coming to the market, which historically has been one characteristic of bubbles. https://t.co/xLAKZUQpJH — … Read more

Retail Rent Drops 15.3% in NYC:

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Retail Rent Drops 15.3% in NYC: Madison Avenue corridor from 57th to 72nd Street, which holds a number of luxury retailers including Celine and Hermes, saw rents drop 15.3% from a year ago to $882 per square foot. Wow 🤔@OpenOutcrier @DiMartinoBooth #nyc — Reminiscences of an American Capitalist (@4Awesometweet) August 3, 2020 WAGES OF BLUE-ZONE … Read more

One of the telling signs of a #liquidity #trap is when you lower #rates and increase #money #supply and don’t get much economic activity from it. Welcome to the #USofJapan

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One of the telling signs of a #liquidity #trap is when you lower #rates and increase #money #supply and don't get much economic activity from it. Welcome to the #USofJapan pic.twitter.com/pW2vFWA3on — Lance Roberts (@LanceRoberts) August 3, 2020 Consumers Use Free Money to Pay Down Debt Stimulus money is in play but psychology may be … Read more

Apple removes more than 26,000 games from China app store

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Removals in response to crackdown on unlicensed games by Beijing Apple pulled 29,800 apps from its China app store on Saturday, including more than 26,000 games, according to Qimai Research Institute. The removals are in response to Beijing’s crackdown on unlicensed games, which started in June and intensified in July, Bloomberg reported. This brings an … Read more

Does Anyone Have the Courage to Indict Obama?

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I recently watched a documentary about how the U.S. government finally took down the mob (aka the Mafia). For decades, the U.S. government failed miserably. Why? Because it could only catch low-level “soldiers” in the act of a crime but never the mob boss (aka The Don). But something changed in the late 1980s. The … Read more

Treasury Secretary Mnuchin on unemployment benefits: “We absolutely support a $600 — one week extension.”… “We can’t be ‘paying people more to stay home”

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Treasury Secretary Mnuchin on unemployment benefits: "We absolutely support a $600 — one week extension." pic.twitter.com/rshIoF4rgB — The Hill (@thehill) August 2, 2020 Mnuchin on $600 benefit — We can’t be ‘paying people more to stay home’ Treasury Secretary Mnuchin tells @MarthaRaddatz “there’s no question” that $600 unemployment insurance is a disincentive to find a … Read more

Mike Maloney: Is this the beginning of $8,000 gold? … Gregor Gregersen: Silver is mispriced by orders of magnitude … Schiff vs Rickards: Is $15,000 gold realistic? Absolutely …

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BY JOHN RUBINO Mike Maloney: Is this the beginning of $8,000 gold? … Gregor Gregersen: Silver is mispriced by orders of magnitude … Schiff vs Rickards: Is $15,000 gold realistic? Absolutely … Matt Taibbi & Bret Weinstein: Can Joe Rogan be canceled? … Robert Kiyosaki: What’s driving the price of gold during the pandemic? …