We Have Hit the Drain
by Chris Black We were circling for a while. During that time, you think there might be a way to escape the whirlpool heading down. However, going down the drain was always inevitable. We are witnessing the death of commerce …
by Chris Black We were circling for a while. During that time, you think there might be a way to escape the whirlpool heading down. However, going down the drain was always inevitable. We are witnessing the death of commerce …
by Craig Hemke via Sprott Money News Last week, a former high-ranking Fed official disclosed that the Fed is determined to “break” the stock market. If they succeed in this, the impacts will be felt across all markets, so maybe we should take …
California legislators proposed a new bill that would allow employees of bigger companies to work fewer hours in a week without losing any income, which critics said would become a “job killer.” Assembly Bill 2932, introduced by Assembly Members Cristina …
Via International Man International Man: Interest rates are simply the price of money. They have an enormous impact on banks, the real estate market, and the auto industry. It’s hard to think of a business that interest rates don’t affect in …
by shangumdee Although I own a fair amount crypto currency, I don’t see how digital currencies with arbitrary values are going to give us a an alternative to Fiat. As we are seeing, governments are creating their own digital currencies. …
A non-fungible token (NFT) of Twitter founder Jack Dorsey’s first-ever tweet could sell for just under $280. The current owner of the NFT listed it for $48 million last week. Iranian-born crypto entrepreneur Sina Estavi purchased the NFT for $2.9 …
by rb109544 PPI flows down to CPI over about 3-6 months…supply chain worsens every day. Inflation hasn’t peaked and won’t until CPI catches PPI more or less. Look at far right on plots! For the past 15 months, producer prices have …
by WheeeeeThePeople Lots to unpack here with plenty of fodder for both sides of the ideological spectrum. My interest is what is the justification for taxing the public when there is a major schism in the trust for NPR/PBS? (Public …
by Charles Hugh-Smith Most people would be horrified by a 40% decline in their “investments.” When bubbles pop, speculative assets don’t drop 40%, they drop 90% or even 98%. The irony of the sudden panic about real-world inflation generated by …
Patrisse Cullors, the Black Lives Matter co-founder who cashed out and got millions of dollars in media contracts, says that the recent scrutiny of BLM’s “charitable” finances upsets her. Black Lives Matter is embroiled in several scandals involving the $90 …
This chart is booming.. anyway this is in USD.. think about the emerging markets.. the situation is out of control and Biden is sending more weapons escalating the situation This chart is booming.. anyway this is in USD.. think about …
“We are illiquid in rates. We are illiquid in equities. The size of the bid-ask is down near the levels of 3/2020.”—Mike Green @EmilKalinowski @JeffSnider_AIP @profplum99 Another GREAT show. — JacksonMonero (Farmer Jack) (@JackMonero) April 13, 2022 Chart of the …
by Michael In the old days, we used to enjoy movies in which Robin Hood would “take from the rich and give to the poor”. But in the real world things are not supposed to work that way. In a …
by Chris Black These values are also embraced and promoted by the military, the media, Hollywood, higher education, public schools, Wall Street, K Street, both parties, and international finance. So when you see an establishment “journalist” say he is speaking …
by Chris Black Horrifying footage shows Israeli forces killing a 45 year-old unarmed Palestinian woman, mother of 6 children, in broad daylight. Facing no sanctions, no words of condemnation, and no war crimes allegations from the West, Israel keeps killing …
by Chris Black There’s a whole industry (modern journalism and the deplatforming activists) built around the concept of protecting the general public from even hearing alternative political ideas. They act like ideas (any ideas including ours) are viruses, and that …
by Chris Black But there are hordes of degenerate groomers, high on decadence, frothing to project their sickness onto helpless children in order to prey on them, sexually and ideologically. The mask is off. This is the line. Psaki issues …
by Chris Black Apparently, when invaders cross our borders, they’re not breaking laws. Instead, their invasion creates an extrajudicial situation where they are not subject to our laws, therefore they are above the law, and free to enter the country …
by Chris Black There is literally no avenue within the federal state, be it Congress or the Supreme Court that will ever pertain to the interests and concerns of the American people; they even admit that our means of contacting …
Here’s a breakdown for Mexico… Snip Full Breakdown of The Cost of Living in Mexico Expense U.S. $ Rent (furnished, two-bedroom home) $750 Electricity $30 Water $15 Gas $30 Household help (maid, three times a week) $135 Internet $20 Cellphone …
There’s more to this chart than meets the eye. The first caveat is that in 2020 the fed changed the formula for how it calculates M1, which was updated to be more expansive in terms of what sources are included …
by Chris Black The dollar plus jump in gasoline remains even though oil has lost the entire “invasion premium”. How can it be a Putin Price, if the war still goes on and oil isn’t above $120? The shipping nightmare …
by Chris Black You think you live in democracy? The US is the single most corrupt country on Earth. Here, money is free speech and politicians are bought and paid for by the highest bidder. The primary dealer banks own …
by Chris Black Transitory, priced in, correction, fairly valued. Those things have no meaning in the new market. Transitory means the prices are here to stay. Priced in means that a stock will rally another 30% on news that was …
A former biology teacher has been accused of child molestation in California, where she is facing 29 individual criminal counts. The Contra Costa District Attorney on Friday issued a statement on the allegations made against Anessa Paige Gower, a former …
by squaremild Yup, two years later and we’re still using “just two weeks” Seriously. Note the hyperlink section — “Politics”, not “Health” https://abcnews.go.com/Politics/cdc-extends-mask-mandate-planes-trains-weeks/story?id=84058598 When March 18’s expiration date for mask mandates came through it was extended by one month. Now that …