Inflation as Fed’s target is a scam

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by joeyang043 Let me give an extreme example. A pizza is priced at $10 two years ago. One year later, it is priced at $1000. The yoy inflation is ~10000%. Another year later, the price drops to $990. The yoy inflation is -1%. According to Fed, it is a total victory. Inflation is under control. … Read more

Tesla’s U.S. EV share subsequently fell from nearly 75% of the market in January 2022 to just over 50% in January 2023.

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by scott_jr General Motors’ EV market share grew from 0.1% to 9.9%, and Ford’s foothold grew to 8.4%. S&P Global estimates the EV market will grow from just over 50 models today to 78 by year-end before more than doubling to 160 by the end of 2025. General Motors sold more than 20,000 EVs for … Read more

Stubborn inflation causes the price of Big Macs to soar

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by: Cassie B. (Natural News) The relentless inflation that has been draining Americans’ savings extends far beyond the grocery store, and one popular fast food sandwich illustrates just how much prices have risen in recent months. Although its price varies by location, a Big Mac combo meal is now selling for $16.89 in Connecticut. Right … Read more

Gimme Shelter! Fed Leans Toward Another Hike, Defying Staff’s Recession Outlook (Shelter CPI UP 8.2% YoY, Food CPI UP 8.5% YoY)

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by confoundedinterest17 Gimme (cheap) shelter. Two of the biggest items for consumer are housing and food. Shelter inflation (CPI) is still growing at 8.2% YoY and food is still growing at 8.5% YoY. Federal Reserve officials appear on track to extend their run of interest-rate hikes when they meet next month, shrugging off their advisers’ warning … Read more

Whole Foods Faces Store Closings As Biggest Retailers In America Brace For Bankruptcies

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https://www.youtube.com/watch?v=vVTqzQN9dU4 Now several Whole Foods stores are being shuttered as fears of retail bankruptcies grow across the sector. Experts are saying that the organic supermarket chain is Amazon’s biggest risk and many pieces of evidence show why Whole Food locations are falling apart faster than other grocery stores. This week, Whole Foods made the headlines … Read more

Today’s NYPost cover: New Yorkers flee over taxes, housing prices: ‘The city literally spit us out’

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by Qplus17 They will do the same thing that Californians did to Colorado and Arizona, and turn every state they move to into the thing they left. Of course it will never be the fault of progressive policies that did it, instead it will inevitably be attached to capitalism and the evils that “come with it”. … Read more

Drone footage of downtown Fort Lauderdale flooded with countless cars trapped in the high water

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Just shot this drone video of downtown Fort Lauderdale still flooded right now with countless cars trapped in the high water. pic.twitter.com/ATzbIlDuSe — California Drone Cleaning DOUGLAS THRON (@douglasthron777) April 13, 2023 Nearly a foot of heavy rain in Fort Lauderdale, Florida, and subsequent flash flooding disrupted the city and forced the closure of its … Read more

Whole Foods Shuts Down Biggest Store in San Francisco a Year After Opening It

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by Chris Black You can’t have nice things. Because of, you know. CNN: An enormous Whole Foods in downtown San Francisco that opened just last year is temporarily closing. The company said concerns about worker safety forced it to shut down. Incidents of theft in San Francisco have gained national attention, though crime has generally fallen … Read more

Elon Musk is Controlled Opposition

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by Chris Black Elon Musk is much more than just an average politically opinionated tech CEO.  He is an intel asset.  He is just like Jeff Bezos, Mark ZuckerBerg, Tom Hanks, Jack Dorsey or Bill Gates.  They all have specific high-profile public image in their respective fields, however they are also active behind the scenes, … Read more

This Housing Bubble Is Different: It’s Much More Precarious

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by Charles Hugh-Smith And what happens next? Bubble symmetry: valuations fall at the same rate as they rose, declining back to the starting point over a roughly equivalent time duration. All speculative bubbles share certain traits: the abandonment of caution, the euphoria of seemingly endless gains, the eventual re-connect with reality (i.e. the bubble pops) and bubble symmetry as … Read more

Father runs up on the Teacher that has been sleeping with his daughter

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https://twitter.com/_/status/1646181387677093888 A father in Argentina has attacked a school teacher accused of repeatedly sexually abusing his 15-year-old daughter. The teacher, named in local media as Jorge Cruceno, 30, is employed by Commercial Female School Santa Marta in central Argentina. The teenager’s family allegedly found inappropriate messages from the teacher on her phone. https://rivercitypost.org/father-attacks-the-teacher-who-assaulted-his-daughter-on-campus/

Chicago Brinks trucks hit by triple robbery…

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CALUMET CITY, ill., (WLS) — Three armored trucks were robbed Wednesday in the south suburbs and Chicago, the FBI and Chicago police said Wednesday. The first robbery occurred in Calumet City around 9:35 a.m. as the Brinks truck was parked in front of Pete’s Fresh Market in the 1900-block of Sibley Blvd., Howard said. No … Read more