Nouriel Roubini: a new Great Depression is coming
via newstatesman: The economist who predicted the 2008 crash warns that a combination of uncontrolled inflation and ballooning debt will push the world economy into ruin.
via newstatesman: The economist who predicted the 2008 crash warns that a combination of uncontrolled inflation and ballooning debt will push the world economy into ruin.
Good Morning from #Germany, where supermarket prices are rising much faster than in other Eurozone countries. German Food CPI jumped 20.3% YoY in Oct, the highest food price #inflation since the start of the statistic. In #Italy, food inflation is just 13.8%, in #Spain 14%. pic.twitter.com/OIJp64rxa9 — Holger Zschaepitz (@Schuldensuehner) October 29, 2022
https://youtu.be/9R4aEac7ozE
These two clowns right here. These foreign domestic enemies of free speech decided what your elected government officials and you could “say”. Just two dorks who shouldn’t even have been here. And you think you have a Constitution or functional government? It was a government by the Twitter for the Twitter. These were the people … Read more
The people who work for the newspaper owned by Jeff Bezos and who write for the magazine controlled and funded by Laurene Powell Jobs are very worried this morning about the unprecedented crisis we face of billionaires buying and controlling the flow of news and information. pic.twitter.com/b6WgNLKdPl — Glenn Greenwald (@ggreenwald) October 28, 2022 This … Read more
Turns out “Rahul Ligma” was not actually fired from Twitter, but instead was just some random dude with a box that got CNBC with a Ligma Nuts joke pic.twitter.com/zVoPIf5ker — greg (@greg16676935420) October 28, 2022 Musk mocks media over Twitter layoffs prank The billionaire entrepreneur commended CNBC’s “ace reporting” after the outlet was duped by … Read more
Russia says British navy personnel blew up Nord Stream gas pipelineshttps://t.co/CZ9PRAum8K — Faytuks News (@Faytuks) October 29, 2022 MOSCOW (Roters) – Russia’s defence ministry on Saturday said that British navy personnel blew up the Nord Stream gas pipelines last month, directly accusing a leading NATO member of sabotaging critical Russian infrastructure. The defence ministry did … Read more
Holy sh*t. It would be a shame if this goes viral. Please don’t RT. https://t.co/xKNDG8ky7E — End Wokeness (@EndWokeness) October 28, 2022
I think the 2008 vs. 2022 analog on the #sp500 shifted two weeks forward. I mentioned earlier this week it may have. Again this isn't meant to predict prices; it is meant to tell us if the #bearmarket cycle is still in play. For now, it still has a pulse. pic.twitter.com/yMv8G2wv91 — Michael J. Kramer … Read more
Steve Hanke, Professor of Applied Economics at Johns Hopkins University, updates the probability of a recession to above 90%, despite Thursday’s preliminary Q3 GDP data release showing that real GDP grew by 2.6%, following two quarters of consecutive decline.
Turkey is planning to launch a central bank digital currency (CBDC) that will be integrated with the country’s digital identity system and the Central Bank of the Republic of Turkey’s FAST instant payments service. The integration will form part of the next phase of the country’s Central Bank Digital Turkish Lira Research and Development Project … Read more
GM opposes free speech and First Amendment? https://t.co/6qlFVxUITt — Tom Fitton (@TomFitton) October 28, 2022
We're not falling apart with $AAPL up 12% since last night's low, but only reason is because they refused to give guidance…$SKEW is extremely depressed as is $VVIX as $VIX tags 200D. Translation: $VIX is cheap.$AAPL isn't. — Samantha LaDuc (@SamanthaLaDuc) October 28, 2022 Those chasing $AAPL must not have listened to the conference call. … Read more
by Boo_Randy The mighty Mississippi is a vital transportation corridor for moving agricultural products like corn and soy down-river. If the barges stop moving, that is going to have a big impact on food distribution. https://www.aljazeera.com/news/2022/10/28/drought-stricken-mississippi-river-creates-woes-across-us-region Near-record low water levels on US river are affecting key commercial activities, such as shipping and farming.
Tweets by TheBabylonBee
The EU has sent a warning shot to Elon Musk, saying the social media will have to follow its rules. Thierry Breton, the bloc’s internal market chief, retweeted Elon Musk’s comment that “the bird is freed”, saying: “In Europe, the bird will fly by our rules.” He used the hashtag “DSA” – a reference to … Read more