Canada’s housing market collapsing: prices down 9% in 2 months, buyers unable to secure mortgage because house losses value before closing

by BtcKing1111 In the last 2 months alone, housing prices have fallen 9%. Buyers are unable to secure mortgage, because by the time they go to close, bank’s home appraisal shows the value has fallen drastically. More and more buyers requiring lawyers to intervene on deals they can no longer close, and getting Sellers to … Read more

Bitcoin below $20k!

“Bitcoin will never go below 20k again in my lifetime” Bitcoin: “hold my drink” pic.twitter.com/15i98SjnPz — Dr. Parik Patel, BA, CFA, ACCA Esq. (@ParikPatelCFA) June 18, 2022 https://coinmarketcap.com/

The FED is Crushing the Housing Market

by Chris Black I suspect the “institutional investors” in housing (Blackrock, Vanguard, the usual suspects) are just fine with the state of affairs. And that’s not a good thing. You will own nothing…you know the drill. US #Property Market Officially Popped & Is Heading Lower, As #Mortgage Payments Soar & Sentiment Is Smashed – #Realestate … Read more

A Steadfast Descent Into a Decadent World

by Chris Black Social media has been a net detriment to society…especially when it became portable on a handheld device. We’re not meant to be THAT connected to everybody everywhere. It divides and forms a mob mentality. The nicest people in the world turn into jerks online.  Super harsh words and language is now common. … Read more

Just Another Day Wrecking the Economy for Brandon

by Chris Black Markets: The FED can’t raise. The FED can’t tighten. FED: Hold my beer and watch this! US #Stocks Suffer Another Down Week, Despite Yields Falling Again, With #Oil The Big Loser Today & The Week – "Let's Go Bran-Dow" – Industrial Stocks Slump To Worst Streak Ever https://t.co/y7ND1fHi6m pic.twitter.com/ggx0qafPKy — Crush The … Read more

Game Over, They’re Pulling the Plug

Bill Holter interviewed on USA Watchdog by Greg Hunter Precious metals expert and financial writer Bill Holter said in early April that he thought we did not have much time until the financial meltdown started. He gave it 60 days. Two months later, the meltdown started in earnest right on time. The world is at debt levels never seen … Read more

The Fed Is Winging It: A 75 Basis-Point Hike “Seemed Like the Right Thing”

by Ryan McMaken of Mises Institute The Federal Reserve’s Federal Open Market Committee (FOMC) today announced an increase of 75 basis points to the target federal funds rate, raising the rate to 1.75% from 1%. June’s meeting today was the third meeting this year at which the FOMC has raised rates. Coming into the March meeting this year, however, the … Read more

‘A crisis’: The US tampon shortage, explained

“People who need menstrual products”? So I know about FEMALEs of a certain age needing them, but are The Soy heavy users as well? Not judging, just asking. Anyhoo, add this to the Brandon regime’s ever-growing list of success stories. People who need menstrual products are struggling amid a shortage of tampons in the US. … Read more

“Fed vows ‘unconditional’ inflation war, says soft landing still possible”

(Reuters) -The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising risk of recession will not stop its battle to bring down searing inflation that’s punishing American households. “The Committee’s commitment to restoring price stability – which is necessary for sustaining … Read more

GOOGLE’S Bankruptcy Declaration; Russian Subsidiary Submits Bankruptcy Declaration-Ifax

(Reuters) -The Russian subsidiary of Alphabet’s Google (NASDAQ:GOOGL) has submitted a declaration of bankruptcy, Interfax reported on Friday, citing court filings online. The subsidiary announced plans to file for bankruptcy in May after authorities seized its bank account, making it impossible to pay staff and vendors. https://www.investing.com/news/stock-market-news/googles-russian-subsidiary-submits-bankruptcy-declaration-ifax-2838149