US Personal Savings Rate Is -51.5% YoY To Cope With Bidenflation Raging At 8.5% YoY

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by confoundedinterest17 It is amazing that Biden is rising in the polls, simply because he got several inflation-generating, crony pay-off bills passed through a Democrat-controlled Congress. Even more amazing is that Americans aren’t more furious with Biden given that inflation is still raging at 8.5% YoY and the US Personal Savings Rate to cope with raging prices … Read more

Yep, everything is peachy under Biden.

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by ReviewEquivalent1266   Census Bureau: 3.8 million renters will likely be evicted in the next two months — why the rental crisis keeps getting worse For the first time ever, the median rent in the U.S. topped $2,000 a month in June — and the increases show no sign of stopping. Those rising rents mean … Read more

Three of the worst months in market history were Octobers: 1929, 1987 and 2020. October 2022 is in 5 weeks…… will it join the club?

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by mark000 Fact: MONEY MAKES THE WORLD GO AROUND. So if the world of money seizes up……… Possible negative events for October 2022: Markets: Stocks full on crash, SPX hits 2400 (50% below the Jan 2022 AllTimeHigh) Bonds Corporate crash, Govt bonds soar in flight to “safety” Real Estate sales freeze up completely Energy Oil plunges, NatGas stay high … Read more

Chinese developers have already pre-sold most of these properties with 100% advance payment and now they have run out of money with no new buyers the ponzi scheme falls apart. Two Chinese local banks enter bankruptcy procedures (and so it begins)

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by silvertomars And so it begins … via Reuters: BEIJING, Aug 26 (Reuters) – China’s banking and insurance regulator has agreed in principal to allow two rural banks in Liaoning Province to enter bankruptcy proceedings, according to an official statement released on Friday. The two banks are Liaoyang Rural Commercial Bank Co., Ltd and Liaoning Taizihe … Read more

The effort to ban white models in advertising is gaining steam around the world…

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With more than 200,000,000 million citizens Nigeria has become the first nation to ban white models in advertisements. Activists hope that by 2030 the ban on whites in advertising will be worldwide. via thetimes.co.uk: White models and voiceovers in British accents were once ubiquitous in Nigerian adverts. Not any more. As part of a “policy of … Read more

When This Hibernating Bear Market Wakes Up It’s Gonna Be Hungry…

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Originally posted on Lance Roberts on RealEstateInvestmentAdvice.com: The bear market is over. While that statement fills the mainstream media, it remains a hotly debated question in every media forum. It is an interesting point considering that it was just in June we were answering the question of “when will this bear market end?” “Bear markets are … Read more

The system is broken: This chart shows the prices of gas and firewood in Germany. Households in Germany are stockpiling firewood and this is the result. People will have to choose this winter between food or heating.

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by BoatSurfer600 Week 67 – 27/08/2022: People on £45,000 could struggle with bills, says chancellor.@allthecitizens #KeepingTheReceipts #Democracy #EnergyCrisis #CostOfLivingCrisis #ConservativePartyhttps://t.co/WcRYcVFgDuhttps://t.co/NQVqboCiPy pic.twitter.com/qI4mgXPUWy — keepingthereceipts (@receiptkeepers) August 27, 2022 Forget showering, it’s eat or heat for shocked Europeans hit by energy crisis Energy’s share of household spending hits record highs in Europe Rising bills force households to cut … Read more

Average annual UK household energy bill set to hit £6,600 in spring 2023… up +500% from last winter… for reference, the median full time salary in the UK is £31,000 per year before tax…

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by silvertomars ‘Freeze profits, not people’: Furious protesters take to the streets outside Ofgem HQ as anger mounts at 80% energy price cap hike – and Chancellor Zahawi faces backlash for urging people to RATION to save money “Freeze profits, not people” – that’s adorable, sheeple. You can stamp your little feet and spout your … Read more

Federal Court Strikes Down Biden Rule Forcing Doctors To Perform Gender Transition Procedures

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The Biden administration lost in court again. A federal court upheld a lower court’s ruling that forcing doctors to perform medical procedures that were against their religious beliefs. The lawsuit was brought by the Franciscan Alliance, a Catholic health care network. The Epoch Times reported: https://www.thegatewaypundit.com/2022/08/federal-court-strikes-biden-rule-forcing-doctors-perform-gender-transition-procedures/

FBI WARRANT FOR TRUMP SEARCH RELIED ON MEDIA REPORTS, LIKE EARLIER BUNGLED RUSSIA FISA WARRANTS

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Like the Russia collusion FISA warrants before it, the FBI search warrant for Donald Trump’s Florida estate relied on multiple news media reports from outlets such as Breitbart and CBS to justify its unprecedented request to raid a former president’s home. For instance, the bureau relied on a local CBS report to establish that Trump … Read more