Supplying Europe with American LNG will cost Europeans about 8 times more while vastly increasing everyone’s carbon footprint several fold.

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by JustmeTX Ignorance frightens me. Of course our gas costs at least 8 times more as a way to supply Europe than Russia’s gas supply. The gas must be liquefied first. That isn’t cheap. they have been building plants to liquefy natural gas all over the US for years. These plants use massive amounts of electricity … Read more

Social Security Announces 8.7% increase for 2023 – Largest Increase in 40 years

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The Social Security Administration on Thursday announced an 8.7 percent increase in benefit checks for seniors starting next year, a response to the fastest U.S. inflation in four decades. The change will affect about 70.3 million Social Security beneficiaries, including roughly 8 million Supplemental Security Income recipients. The adjustment will increase monthly Social Security checks … Read more

Expectations of lower house prices are getting more deeply entrenched within the American population…

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by silvertomars This now risks creating a self feeding loop, where potential buyers hold back in anticipation of lower prices… Monthly Payment on Median Home Price as % of Median Income with Historical Mortgage Rates since 1987 South Florida house sales PLUMMET by up to 40% compared to last year as rising interest rates and … Read more

The World’s Most Liquid Instruments Are Becoming Illiquid And Pension Funds Get Margin Calls. From Record QE To Record QT, No Wonder The World Is About To Blow Up

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by silvertomars What a difference a day can make…in Japan 10y bonds don’t trade for days… in the UK maximum spreads on gilts were today increased to 5%…. and now Yellen is concerned about US treasuries… the worlds most liquid instruments are becoming illiquid and pension funds get margin calls…

The Greatest Burden Is On The Poor And Working Class

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by sublimeinslime US rents rose by an average of 7.8 percent in September, meaning they are still a whopping 25 percent up since before the pandemic. Wages have failed to keep pace, meaning that renters are ‘feeling the squeeze’ – despite the fact the new figure shows that price rises are actually starting to slow … Read more

Alex Jones is ordered to pay Sandy Hook families over $1B. The largest fine paid by a banking executive responsible for the 2008 Financial Crisis was $67.5 million

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You can think Jones is scum and still understand the point of this tweet. — Chairman (@WSBChairman) October 12, 2022 In other news, the Chairman of the Federal Reserve during the 2008 Financial Crisis, Ben Bernanke, just won the Nobel Peace Prize. — Chairman (@WSBChairman) October 13, 2022 Judge ordered Alex Jones to pay 1B … Read more

Federal Reserve Alert! A Review of the FOMC Minutes and the speeches from Minnesota Fed President Neel Kashkari, Vice Chair Michael Barr, and Michelle Bowman.

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by Dismal-Jellyfish Minutes of the Federal Open Market Committee Sept 20–21, 2022 ‘Highlights’: ‘Participants judged that the Committee needed to move to, and then maintain, a more restrictive policy stance in order to meet the Committee’s legislative mandate to promote maximum employment and price stability. Many participants noted that, with inflation well above the Committee’s 2 percent … Read more

Saudi Arabia Confirms Biden Attempted To Coerce Them To Postpone Oil Cuts Until After The Midterms, Announce They Rejected His Quid Pro Quo

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By the Democrats own standards, Biden must be impeached IMMEDIATELY, and a vote held to throw him out of office! BREAKING: The Kingdom of Saudi Arabia confirms Biden attempted to coerce them to postpone oil cuts until after the midterms, announce they have rejected his quid pro quo pic.twitter.com/MGNRbZVrRk — Jack Posobiec (@JackPosobiec) October 13, … Read more

Hong Kong leader ‘laughs off’ US sanctions amid calls to seize Russian yacht

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Hong Kong’s leader John Lee said he “laughs off” United States sanctions amid calls to seize a superyacht linked to Russian billionaire Alexey Mordashov… On Tuesday, Lee said Hong Kong is compliant with United Nations sanctions. But targeted measures from the likes of the US… don’t apply in Hong Kong, he said https://www.dw.com/en/hong-kong-leader-laughs-off-us-sanctions-amid-calls-to-seize-russian-yacht/a-63400141 The world … Read more

One Doctor’s View from a UK Emergency Department

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A doctor wrote an article about the crisis in the U.K. health system This part is quiet revealing… “However, it has been many years since I have seen this number of patients with heart attacks and strokes. The timing of the uptick has coincided with the inoculation programmes. Correlation is not causation …. unless it … Read more

Food Prices Have Never Been Higher

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🍗JUST IN🍗 Food prices have never been higher. Chicken is up 17%. Flour is up 24%.Eggs up 30% This is why I created the Tendies Index. Note, it has never been higher.https://t.co/AIEZqwKJzf pic.twitter.com/DegUocUr9I — unusual_whales (@unusual_whales) October 13, 2022 🇺🇸 #FED SWAPS FULLY PRICE 75-BASIS-POINT RATE HIKE IN NOVEMBER – BBG — Christophe Barraud 🇫🇷 … Read more

This is similar to 2008.. bulls were still optimistic about the economy because staples were doing well. Huge red flag but dumb money doesn’t see it

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Just remember that cyclicals stocks get slaughtered by higher rates and defensive stocks still perform well.. for example: Pepsi is still forecasting higher revenue.. bulls will keep saying the economy is doing okay, we’ve not reached fear like fintwit says “everyone is bearish” — Alessio (@AlessioTMAD) October 13, 2022 Global household wealth is on track to … Read more