Father and son jailed for killing burglar in the UK

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A father who murdered a burglar outside his house had previously posted a photo of the vigilante played by Charles Bronson in the Death Wish movies on a neighbourhood group with the comment: ‘This is who we need.’ David King, 56, confronted Neil Charles with a Second World War dagger, while his son Edward, 20, … Read more

The bank crisis is coming back? First Republic is imploding after hours due to a larger than expected drawdown in deposits.

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So it begins… https://t.co/d667M4i7OZ — Financelot (@FinanceLancelot) April 24, 2023 First Republic is imploding after hours due to a larger than expected drawdown in deposits.https://t.co/j2WbGDKthG Now a 95% chance of Fed hike next week. Bulls, do you still think rate hikes are good for bank stocks? pic.twitter.com/fkDOD7OVBS — Mac10 (@SuburbanDrone) April 24, 2023 FRC deposits … Read more

The last times this happened, VIX rose.

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Vol futures are bid over spot VIX as traders begin to price in the impending clusterfuck. The last times this happened, VIX rose. The outlier was December when vol fell during the market decline, because protection was record bid. Not now. pic.twitter.com/8DcqITDcZ0 — Mac10 (@SuburbanDrone) April 24, 2023 Sentiment has turned even more bearish in … Read more

People Are Freaking Out As Gas Prices Shoot Up All Across The US And Panic Buying Hit Stations

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https://www.youtube.com/watch?v=sdD3fTBpGYE A new week begins — and U.S. motorists should brace for a wild ride. Several reports reveal that a panic buying wave is hitting gas stations in the Southeast as fears of shortages continue to rise in the region. At the same time, the Northeast is about to see the biggest increases at the … Read more

BRICS Development Bank abandons the US currency in favor of lending in LOCAL currencies

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BRICS New Development Bank breaks away from US dollar https://t.co/qnm8lSB2Ty — Gilda MorkertđŸ‰â˜źïžâ€ïžđŸ©”đŸŒŠ (@g_morkert) April 24, 2023 In a bold move that challenges the US-dominated World Bank, the New Development Bank (NDB), established by the BRICS group, embraces local currencies for its loans. NDB President Dilma Rousseff has confirmed that the bank plans to provide … Read more

US sovereign credit default swaps are soaring ahead of debt-ceiling showdown. Is this just hedging or are things about to get interesting?

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by OkIncident5269 I’d hazard a guess that it’s hedging. There is wayyy to much money on the line if the USA has a sovereign debt crisis. As much of a bear as I am, there is no way they would let this happen. Although, considering this administration’s track record, I could be wrong
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AOC Takes Victory Lap as Tucker Leaves Fox After She Accuses Him of Inciting Violence

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Rep. Alexandria Ocasio-Cortez (D-NY) did a victory lap on Twitter on Monday after news broke that Tucker Carlson was leaving the Fox News Channel — a day after Ocasio-Cortez accused him of “incitement of violence.” Wow. https://t.co/1iDO2rX8U0 — Alexandria Ocasio-Cortez (@AOC) April 24, 2023 .@AOC: "When you look at what Tucker Carlson and some of … Read more

Federal Reserve Alert! Today, a CLOSED meeting of the Board of Governors of the Federal Reserve System was held under expedited procedures as it was determined that the public interest did not require opening the meeting. Matter Considered: advance and discount rates to be charged by the Fed banks.

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by Dismal-Jellyfish Quarterly Trends for Consolidated U.S. Banking Organizations 4th quarter 2022: Held-to-Maturity assets ~10% of assets. Remember, unrealized losses on available–for–sale and held-to-maturity securities totaled $620 billion in the 4th quarter: Recipe for systemic stress for the broader banking system? The combination of a high level of longer-term asset maturities and a moderate decline … Read more

We’re done with “gradually”. We’ve now reached the “suddenly” part

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by Simon Black By the summer of 1563, all of Britain had plunged into chaos over religion and the Reformation. King Henry VIII broke away from the Catholic church back in the 1530s, sparking a near civil war within the kingdom. Protestants killed Catholics, Catholics killed protestants, and extreme social tensions lasted for decades. Universities … Read more

The Great De-Dollarization Fraud of a Lifetime

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by Martin Armstrong COMMENT: Marty; I was in a board meeting and I just wanted to let you know one guy who is there simply because his family had a stake in the company with zero worldly experience, started ranting about the end of the dollar he probably read on that biased _____________________. I asked this … Read more