Housing correction could end up becoming ‘one of the deepest of the past half a century,’ Royal Bank of Canada warns

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A housing correction which has already led to four consecutive months of price declines in the previously overheated Greater Toronto Area market could end up becoming “one of the deepest of the past half a century,” a new report from RBC warns. New data released by the Toronto Regional Real Estate Board (TRREB) last week revealed … Read more

The US is projected to run a $14,523,000,000,000 deficit until 2031… which will add 50% to current government debt… all to be monetized by the Fed

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by silvertomars   Fed survey shows Fed is correct… A New York Fed survey showed that respondents in July expected inflation to run at a 6.2% pace over the next year and a 3.2% rate for the next three years. That marks a big drop-off from the respective 6.8% and 3.6% results from the June … Read more

REPPING THE NOVEMBER BATTLESPACE: The MSM Suddenly Decides Elections Can Be Stolen… But Only by Republicans.

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The mainstream media gladly colluded with Democrats to insist that the 2020 election was the safest, fairest, and most secure election in the history of the world, the universe, and all dimensions in the multiverse. If you dare suggest that Biden stole the 2020 election, you are immediately declared a fringe conspiracy theorist and banned … Read more

CNN: Hunter Stuff Doesn’t Look Great for Joe

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CNN anchor Brian Stelter said Sunday on his show “Reliable Sources” that the ongoing federal investigation of President Joe Biden’s son Hunter is “not just a right-wing media story.” Stelter added Hunter’s legal jeopardy could endanger his father’s chances in his 2024 re-election run. Stelter said, “Maureen Dowd’s column in this morning’s New York Times … Read more

Italian Populist May Return To Stop Illegal Immigration

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Italian populist League leader Matteo Salvini has called for the country’s next Interior Minister to be a member of his party, citing the successes he had tackling illegal immigration when he had the job. The League (Lega) leader, who served as Italy’s Interior Minister in 2018 and 2019, visited the island of Lampedusa earlier this … Read more

DeSantis’ Spokeswoman Puts Media on Defense

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Christina Pushaw, the press secretary for Republican Florida Gov. Ron DeSantis, outlined her approach to dealing with the corporate media in an interview with the Daily Caller News Foundation. It’s crucial for conservatives to reject the media’s framing of an issue when it’s inaccurate or blatantly partisan, she said, but her refusal to accept the … Read more

Europe Is Heading Towards A Green Depression

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https://twitter.com/WallStreetSilv/status/1556484293936812033 https://twitter.com/WallStreetSilv/status/1556478319817809920 https://twitter.com/WallStreetSilv/status/1556362037768310784 The list of fertilizer and chemical plants shutting down or rationing in the EU is impressive. With these gas prices, the list will grow.According to @ICISOfficial, around 40% of urea production may have been cut in EU.Despite a possible recession, food prices will increase. pic.twitter.com/lCmq86YnT2 — Francesco Sassi (@Frank_Stones) August 7, 2022 … Read more

The Recently Passed CHIPS Act Has Nothing to Do with rebuilding American Manufacturing, but Creating Controlled Flow of Cash and Materials

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by Chris Black We had Texas Instruments. It was replaced by TSMC. So China will cut off Taiwan Semiconductor’s supply of fine silicon for making chips, turning the entire world upside down. 20 Total Chinese & Taiwan Warships In ‘Close Quarters’ Standoff In Strait As Drills Wind Down https://t.co/6vD0EQz933 — Trade For Profit 📈 (@TFPdaily) August … Read more

Democrats Pass Large Tax Bill to Change the Weather in the Middle of a Recession

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by Chris Black Because remember: taxing corporations is a real thing and it also reduces inflation. That’s basic economics 101. New York Post: Leading GOP figures eviscerated Senate Democrats for pushing through a $740 billion package that would spend on energy and health care while raising corporate taxes with the GOP chair warning midterms would be painful … Read more

Elon Musk Challenges Twitter CEO to Debate to Prove Bot Reporting Twitter Materially Restated Its SEC Reporting on Bots 3 Days After Signing Deal

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2/ When @elonmusk requested more information about spam and fake accounts; Twitter provided a vague response. Then provided outdated data; Then offered a fake data set (not real "firehose");Then provided a cleaned data set where they already suspended the malicious accounts; — Andrea Stroppa 🐺 Claudius Nero's Legion 🐺 (@andst7) August 5, 2022 4/ @elonmusk … Read more