Water closet! Tiny 108sq ft London studio flat with a shower in the wardrobe and no hob, oven or TOILET goes on the rental market for nearly £1,000-a-month

by Boo_Randy The Bank of England sees no housing bubble. 1 GBP = $1.28 USD. A tiny studio flat which is so small the shower is in a wardrobe has gone on the rental market for nearly £1,000-a-month. The 108 square foot flat in Barons Court has no toilet and the shower – with only … Read more

Six months ago, investors bought Facebook for $370. Now they are selling Facebook for $170, with a P/E ratio of 13. Is something wrong with Facebook or the investors?

by Howell–Jolly As Warren Buffett said, “The stock market is the only market where things go on sale and all the customers run out of the store.” Six months ago people would have been throwing their life savings into Facebook if it suddenly dropped to $200 and now they run from it at $170.

Facebook Fact-Checker Silencing Biden Critics

Facebook and Instagram censored conservatives for their American energy independence statements even though fact-checkers disagreed on essential facts underlying the censored posts. Fact-checker Agence France-Presse (AFP) claimed the U.S. hadn’t been energy independent as part of an effort that censored the Media Research Center 27 times. Another approved fact-checker used the exact term “energy independence” … Read more

Sugar the Next Shortage?

Sugar is the next food you might have a hard time getting your hands on as India announces it's limiting sugar exports https://t.co/1RNwtP1EcK — Business Insider (@BusinessInsider) May 25, 2022 India is capping sugar exports at 10 million metric tons for the year through September. India’s government said the move is to ensure domestic sugar … Read more

FBI Spied on 3.3M Americans, No Warrants

Top House Republicans are demanding answers from the FBI after court-ordered information came to light showing that the federal agency had collected the information of over 3 million Americans without a warrant. In a May 25 letter to FBI Director Christopher Wray, Reps. Jim Jordan (R-Ohio) and Mike Turner (R-Ohio) asked Wray to explain why his agency … Read more

BIDEN PLOTS TRUTH MINISTRY RETURN

No bad idea ever dies in Washington. Once it takes root, it will reemerge in another form. So, all the huzzahs about the demise of the Biden administration’s Orwellian “Disinformation Governance Board” are premature. As we note in our I&I/TIPP Poll, the board attracted widespread hatred among the public, with 55% saying that they wouldn’t trust … Read more

If you are down big on your portfolio, there is much more pain coming ahead. We are not even half way through this bear market. Liquidation begins in autumn.

https://twitter.com/MFHoz/status/1529432140232163332 https://twitter.com/MarketSanity/status/1529262130351984642 Pandemic Stocks$PTON -87%$ZOOM -71%$NFLX -64% — John Tuld (@BradHuston) May 25, 2022 misses across the board Durable Goods 0.4%, Exp. 0.6%Durables ex transports 0.3%, Exp. 0.6%Cap Goods orders nondef ex aircraft 0.3%, Exp. 0.5% — zerohedge (@zerohedge) May 25, 2022 CNBC re forward-looking warnings from another retailer.Keep an eye on #retailers as an … Read more

Jerome Powell sees no housing bubbles

by Boo_Randy The big news today was the 9 months’ supply of unsold new housing inventories in April, nearly doubling in the past year and classifying as a 2 SD event. Inventory excess is now at a level that in the past was consistent with a recession followed by a huge home price correction. — … Read more

UK: Fresh meat, dog food and savoury snacks costs SOAR -with food for an average family fry up now costing £6.83; Fuel cost hits record 170.4p while price of Diesel also reached new high of 181.4p

by Boo_Randy When will the sheeple of the UK crack the code on their votes for the oligarchy’s hand-picked stooges who give the BoE free rein to print with wild abandon, and the soaring cost of living? https://www.dailymail.co.uk/news/article-10848489/Grocery-prices-surge-fastest-pace-13-years.html The price of groceries is rising at its fastest rate for 13 years, with prices for dog … Read more

BIDEN PASSED (A FIRST-YEAR RECORD) 69 MAJOR* REGULATIONS

by Sarah Hoyt  It’s not just spending — Biden’s record regulations are driving inflation too. The role of regulations in the inflation crisis is largely overlooked but shouldn’t be. When Washington wraps the economy in red tape, businesses must spend massive sums on compliance. That cash doesn’t materialize from thin air. Every dollar that goes toward … Read more

UK Braces For Internet “Blackouts”…

Anticipating the same for the US…. (ZeroHedge) Internet “blackouts” as a result of a “wave of bankruptcies” in broadband networks could be on their way. British daily newspaper The Shillograph noted this week that certain smaller broadband suppliers are “being pushed to the brink” that that the effects of inflation could eventually leave homes without … Read more

Airbnb Announces Boycott of China

by Chris Black You will slowly start to see other companies making these kinds of moves before the government officially announces it. These retards really believe they can fight both Russia and China. RT: Online accommodation booking firm Airbnb is reportedly shutting down its business in China with all mainland Chinese listings to be taken … Read more

Who’s to Blame for Rising Gas Prices?

by Martin Armstrong Back in 2007, Nancy Pelosi was quick to blame the Bush Administration for rising gas prices. In 2018, Pelosi tweeted, “The price of regular unleaded gas has climbed 20% over the last year (thanks to Republican policies), eating away at working families’ paychecks – but according to @GOPLeader, you’re #BetterOffNow.” The national … Read more

This is a hilarious self-own….

This is a hilarious self-own. On a Davos energy transition panel, the moderator asked World Economic Forum guests to raise their hands if they had an electric vehicle. JUST FOUR of them did. pic.twitter.com/NYFXbX8ToG — Andrew Lawton (@AndrewLawton) May 24, 2022