We live in a kakistocracy.

by Glenn Reynolds WHEN IS A RECESSION NOT A RECESSION? Bending the Truth. If you want to understand why no one respects institutions or “elites” anymore, look no further than Janet Yellen. She went on television talk shows which are basically soapboxes …

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The Real Estate Problem Is Getting Bad In China

by Boo_Randy https://twitter.com/FinanceLancelot/status/1551294266198179849 How long can the CCP and PBOC go on playing “extend and pretend”? Their entire being depends on prosperity and winning but China faces a deep crisis as their property market teeters on the brink. https://www.news.com.au/finance/business/other-industries/chinas-real-estate-crisis-heightens-as-people-refuse-to-pay-mortgages/news-story/93799b367af45b88ed2b8d58264dd63d Z&L …

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US Treasury Secretary Yellen Says Signs of US Recession Aren’t in Sight for Now (As Yield Curve And Atlanta Fed GDPNow Tracker SCREAM Recession)

by confoundedinterest17 Just remember, the US economy had strong employment figures just prior to the 2008 Great Recession and financial crisis, so US Treasury Secretary Yellen, Biden’s economic cheerleader Bernstein and Obama’s economic cheerleader Sperling are all relying on a bad …

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‘biggest scandal in medical history’….

"The vaccine campaign will go down as the biggest scandal in medical history. Moreover, it will be known as the biggest crime committed on humanity" — Member of European Parliament Christine Anderson @AndersonAfDMdEP pic.twitter.com/tARtWoyPVB — Citizen Free Press (@CitizenFreePres) July …

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How Much More Can The Polite EU Sheeple Take?

https://twitter.com/WallStreetSilv/status/1551654913687568393 The Germans are now begging countries such as Spain for "solidarity" on natural gas The EU (and the world) is truly upside down — Andreas Steno Larsen (@AndreasSteno) July 26, 2022 EU to gas by 15% across the board. …

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HALF of America’s elderly can’t afford essential expenses due to rising inflation and higher cost of living, report claims

by Boo_Randy Hey olds, maybe you should stop voting for the crony capitalist status quo. https://www.dailymail.co.uk/news/article-11047297/HALF-Americas-oldest-people-afford-essential-expenses-higher-cost-living.html Nearly half of America’s elderly can’t afford essential expenses due to rising inflationand higher cost of living, a report has claimed. A staggering 54 per cent …

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Jill Biden’s press secretary resigns.

JUST IN – Jill Biden's press secretary resigns. — Disclose.tv (@disclosetv) July 26, 2022 Michael LaRosa has served as Dr. Biden’s press secretary since President Joe Biden began his 2020 campaign. News of LaRosa’s departure was first reported by CNN. …

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EU Energy Panic Cycle to Begin

by Martin Armstrong On August 1, the European Commission will begin to reduce its demand for gas with no alternative in place. Unsurprisingly, our computer states that a Panic Cycle will begin in August or September and go into Q1 of 2023. …

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