JPMorgan Frankfurt Offices Raided as Part of Tax Probe

by

JPMorgan Chase & Co.’s Frankfurt offices are being raided by Cologne prosecutors as part of their vast probe into the controversial Cum-Ex scandal that robbed tax payers of billions of euros. The US bank confirmed in a statement that it was visited by officials and said that it continues “to cooperate with the German authorities … Read more

Robby Starbuck: When has a government ever called half the country semi-fascist extremists who don’t follow the law, used special police to raid their opposition, tried to ban guns while threatening military force and yet ended up the good guys in the end? Prepare accordingly.

by

I’ll reiterate: When has a government ever called half the country semi-fascist extremists who don’t follow the law, used special police to raid their opposition, tried to ban guns while threatening military force and yet ended up the good guys in the end? Prepare accordingly. pic.twitter.com/H4EdPc4dPd — Robby Starbuck (@robbystarbuck) August 31, 2022 Historically, the … Read more

Zoltan Pozsar: Europe is facing a Minsky moment triggered by excessive financial leverage. In Germany, $2 trillion of value added depends on $20 billion of gas from Russia… …that’s 100-times leverage – much more than Lehman’s.”

by

by  mark000 Eurozone about to plunge into severe recession, global markets (stock, bond, real estate, crypto, oil, commodities, currencies) going to crash, then a global financial crisis, and then…………? Zoltan: "This Is What The New World Order Will Look Like" After Europe's Minsky Moment "Where $2 Trillion Of German Value Depends On $20 Billion Of … Read more

Electric shock: Spike in U.K. energy prices push cost of running EVs above gas-powered cars

by

Charging electric vehicles in Britain soon will be more expensive than filling up gasoline-powered cars thanks to soaring electricity costs — an economic switcheroo that could be a harbinger of shrinking financial benefits for Americans who go green. British energy regulators told electricity consumers to expect to pay 80% more beginning Oct. 1. The national … Read more

NBC News: “Bank of America announces zero down payment, zero closing cost mortgages for Black and Hispanic first-time homebuyers”

by

View post on imgur.com Bank of America announces zero down payment, zero closing cost mortgages for Black and Hispanic first-time homebuyers Residents in select Charlotte, Dallas, Detroit, Los Angeles and Miami neighborhoods will be the first to be offered the program. “Homeownership strengthens our communities and can help individuals and families to build wealth over … Read more

What Would You Do If You Had To Go Through The Economic Horrors Of 2008 Again? (Spoiler Alert: The Next Economic Crisis Has Already Begun)

by

by Michael If you knew for certain that we were about to plunge into another massive economic downturn like we experienced during the “Great Recession”, how would you respond?  The events of the second half of 2008 took almost everyone by surprise, and the vast majority of the population was completely unprepared for what happened … Read more

California going all in on Agenda 2030 and I’m not talking about rolling blackouts

by

Look at this shit and the overjoyed climate tard tweeting it: Holy hell, it actually happened: California just eliminated minimum parking requirements for new housing projects within a half mile of public transit stops *statewide*! A truly incredible day for housing and climate policy in the world's 5th largest economy! pic.twitter.com/rYVTV9yutC — Jordan Grimes (on … Read more

The President of the United States of America, the man who serves as her Commander-in-Chief of the Armed Forces, has no flippin’ clue how guns work:

by

Biden: “Do you realize the bullet out of an AR-15 travels five times as rapidly as a bullet shot out of any other gun? An AR-15 could vaporize an entire human body in a matter of seconds. pic.twitter.com/D1mejssug9 — Ian Miles Cheong (@ianmiles) August 31, 2022 h/t Coastie Patriot

Today, we’re suing Michael Saylor – a billionaire tech executive who has lived in the District for more than a decade but has never paid any DC income taxes – for tax fraud.

by

We’re also suing his company, MicroStrategy, for conspiring to help him evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC. — Archive: AG Karl A. Racine (@AGKarlRacine) August 31, 2022 With this lawsuit, we’re putting residents and employers on notice that if you enjoy all the benefits … Read more

Global real household incomes are crashing… ‘We are in stagflation, short bonds, short equities. Simple.’

by

by silvertomars HIKING pic.twitter.com/F3AfvUft4U — spaghettilisbon (@spaghettilisbon) August 31, 2022 Ain’t no one got money to go shopping! Bed Bath & Below: Shares Plunge On New Stock Offering, Job Cuts, 150 Store Closures Lets face it. Needs are starting to take over wants, most folks are picking necessity over desire. Food and energy take priority to … Read more