Robert Wright: Preparing for payment system fragility

via Robert E. Wright on American Institute for Economic Research: In previous posts, I suggested ways to cope with rising prices (COLA) and food insecurity (wild game and liberty gardens). Inflation creates many problems, including an increased risk of payment system glitches, like the shuttering of banking and credit card networks, leaving individuals economically stranded. Cyberattacks, power outages, … Read more

AEI’s April Home Price Index UP 17.3% YoY As The Fed And “Slowhand” Powell Keep Monetary Stimulus In Place (Bostic Talking About A Pause?)

by confoundedinterest17 All I can say is “Wow.” Tobias Peter and Ed Pinto of the American Enterprise Institute (AEI) released their April housing report and it was a doozy. The AEI’s home price appreciation index came in at a blood curdling 17.3% YoY. The reason why home prices are still raging at 17.3% YoY? The Fed’s monetary … Read more

The waxworm is capable of degrading plastic! Their saliva breaks down polyethylene, one of the most used plastics

El gusano de la cera es capaz de degradar el plástico. Investigadores del #CSIC han descubierto que unas enzimas presentes en la saliva de estos insectos deshacen el polietileno, uno de los plásticos más usados.▶️https://t.co/6R3n24XlqE pic.twitter.com/PwMiZE5yJF — CSIC (@CSIC) May 24, 2022 The wax worm is capable of degrading plastic. #CSIC researchers have discovered that … Read more

Do “Flash Crashes” Really Come Out of the Blue?

“Black swans” or “flash crashes” are sudden market moves that shock just about everyone. However, when you watch market price patterns, you can often anticipate a sharp move ahead, in both directions. Watch our European Financial Forecast Service editor explain what to look for. (DJ Norway Stock Index in focus.) Learn more: https://www.elliottwave.com/ElliottWa…

WHO withdraws 12 Biden ‘sovereignty’ amendments amid fierce opposition Proposals cede authority to U.N. agency during health ’emergencies’

Amid charges of ceding U.S. sovereignty to the World Health Organization, 12 of the 13 amendments submitted by the Biden administration for a vote in the World Health Assembly this week in Geneva have been removed from consideration. The amendments were publicized only last month, and it was the advocacy of independent researcher James Roguski that … Read more

Car crash in #LosAngeles. Group surrounds the car and start to loot it. The driver tries to flee and ends up crashing into another car.

https://twitter.com/Tr00peRR/status/1529233866300526592 https://twitter.com/streetpeopleLA/status/1529276338472947722 California is in a crisis of chaos Gavin Newsom's policies have worsened crime and open drug scenes in Skid Row and across California Here's what went wrong and how to fix it:https://t.co/ypgOyfrgII — Michael Shellenberger (@shellenberger) May 24, 2022   h/t dr0id

CEO Kjerstin Braathen: Energy Transition Will Create Energy Shortages and Inflationary Pressures, But This “Pain” is “Worth it.

Speaking about small and medium businesses in Davos, Norwegian finance CEO Kjerstin Braathen says energy transition will create energy shortages and inflationary pressures, but this "pain" is "worth it." pic.twitter.com/Ne70lRle5W — Andrew Lawton (@AndrewLawton) May 23, 2022 View post on imgur.com https://www.foxnews.com/politics/president-biden-incredible-transition-high-gas-prices   h/t dr0id

Default Threat Reaches Pakistan as Political Crisis Deepens

by Boo_Randy In a world drowning in debt, here come the cascading defaults. Sorry, central banker scum, you won’t be able to print this away. https://www.bloomberg.com/news/articles/2022-05-24/default-threat-reaches-pakistan-in-deepening-political-crisis?srnd=premium-asia&sref=ibr3A0ff Soaring inflation. Squabbles over fuel prices. A fractious political environment. For months, Pakistan has struggled to keep its economy afloat, raising the prospect that one of the world’s most … Read more

My thoughts on why school shootings in America seem to happen here, and nowhere else. Honest thoughts, I don’t care if I get flack, but here’s my thoughts while being heartbroken.

by ConspiracyBartender I know violence is violence. And if it weren’t guns, it would be knives, bombs, running people over with vehicles. There’s a deep evil and mental sickness growing in our society due to lack of resources, love, education, growing poverty and homelessness. I think we should all ask ourselves, why did “X” do “Y”. … Read more

YOUTUBE CEO AT WORLD ECONOMIC FORUM: “THERE’LL ALWAYS BE WORK THAT WE HAVE TO DO” TO CENSOR “MISINFORMATION”

At the World Economic Forum Annual Meeting for 2022, an event where powerful CEOs and world leaders meet to “find solutions to the world’s most urgent challenges,” YouTube CEO Susan Wojcicki committed to persistent censorship of “misinformation” and praised YouTube’s existing censorship efforts. Wojcicki made the comments after Alyson Shontell Lombardi, the Editor-in-Chief of Fortune … Read more

My advice for investing in a Bear Market

by cicada3322 A Bear Market can take an extreme psychological toll on both new and experienced investors. But on thing stands firm. Nothing is forever. It has been proven time and time again that Bull markets last much longer than Bear markets. So I have some words of advice and psychological tips to keep you in … Read more