Doug Casey on How Social Security Increases Could Cause an Inflationary Death Spiral

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by Doug Casey, International Man International Man: The Social Security Administration recently announced an 8.7% cost of living adjustment for next year. That’s the largest increase in over 40 years. It represents an additional about $100 billion in annual spending for Social Security. Moreover, cost of living adjustments could increase even more in the future. However, it seems … Read more

New Killer Bots Just Dropped

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by Chris Black Will a 5.56 round put these down? What the actual f*ck?! What do you think they're designing these for?pic.twitter.com/v1Mg10RBOi — Citizen Free Press (@CitizenFreePres) November 2, 2022

Liquidity Crisis + Recession + Unrest – Will 2023 Be Worse Than 2008? | Jim Rickards

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The global economy is stumbling. And not just for financial reasons like the increasing cost of debt. Supply chains remain compromised. We are still having material challenges in both producing and distributing real physical goods across oceans and continents. This is such a serious threat to global prosperity that best-selling author James Rickards has made … Read more

ECB’S LAGARDE: RECESSION WOULDN’T BE ENOUGH TO TAME INFLATION… ECB’S KAZAKS: EURO-AREA RECESSION IS BASELINE SCENARIO

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*ECB'S KAZAKS: EURO-AREA RECESSION IS BASELINE SCENARIO<- first time an ECB GC member says that the recession is baseline Followed up by… *ECB'S KAZAKS: INTEREST RATES WILL NEED TO RISE MUCH HIGHER It doesn't get much more hawkish than this — Piet Haines Christiansen (@pietphc) November 3, 2022 Live news: Lagarde warns eurozone ‘mild recession’ … Read more

If you’re a Democrat and you’re wondering why you lost on November 8th – just know that 29 million Americans say they can’t pay their energy bills now and Nearly 40% of small businesses in the US failed to pay rent in October

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Winter energy woes hit early: 29M US households ALREADY cannot pay bills and families are buying fewer groceries to keep the lights on — study says cold weather and rising costs will deepen the crisis 23 percent of households could not wholly pay an energy bill this past year  34 percent skipped groceries or other … Read more

US Productivity Declines For 3rd Straight Quarter While Unit Labor Costs Rose 7.60% YoY, Fastest Since 1982

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by confoundedinterest17 Alarm! Even Joe Biden’s hate speech towards Republicans can’t mask the horrid inflation on his watch. As if Biden watches anything other than ice cream cones. On a YoY basis, US Productivity is down for the 3rd straight quarter (and 4th quarter of the last 5). On the mirror image of productivity, unit labor costs rose … Read more

FED chair Jerome Powell said “…it is very premature to think about or talk about pausing rate hikes…we have a long way to go…”

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Fed chair Jerome Powell said “…it is very premature to think about or talk about pausing rate hikes…we have a long way to go…we need on going rate hikes to get to the level of sufficiently restrictive…we don’t really know where that is…” There has been so many posts and articles about Fed’s “pivot” and … Read more

CNN to end Jake Tapper’s primetime show

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BREAKING: CNN to end Jake Tapper's primetime show | The Post Millennial | https://t.co/belm5ehKDu Wow …. Now who will James Clapper pass all that erroneous information too? https://t.co/qxRmxUgtxF — Sara A. Carter (@SaraCarterDC) November 2, 2022

Bitcoin, Ethereum ETFs Delisted in Australia

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Cosmos Asset Management is looking to delist two of its cryptocurrency exchange-traded funds (ETFs) from the Cboe stock exchange in Australia owing to the downturn in digital assets that started at the end of last year. Cosmos, based in Sydney, intends to delist its Purpose Bitcoin Access ETF (CBTC) and Purpose Ethereum Access ETF (CPET), … Read more

PAUL BEDARD: More evidence of huge voter swing to GOP. “Concerns among Democrats that they will lose control of Congress have prompted President Joe Biden to throw on an eleventh-hour speech about ‘democracy’ on Wednesday night.”

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via washingtonexaminer: Election Day can’t come to Republicans fast enough. With less than a week before the election arrives, another poll has shifted in their favor. The Quinnipiac University poll, which had voters preferring a Democratic House to a Republican one, 47%-43%, at the end of August, has flipped. The new numbers show a preference for a Republican … Read more