by Boo_Randy Just when you think the Keynesian fraudsters at the central banks couldn’t possibly be any more reckless and irresponsible with their monetary malpractice, they go and prove you wrong. The BoE, after blowing one of the most insane housing bubbles in history, is now making it even easier for F**ked Borrowers who clearly … Read more
by Boo_Randy Ignore what these Fed fraudsters say – they’re all lying pieces of shit. Only pay attention to what they do, or don’t do. https://www.marketwatch.com/story/feds-waller-backs-another-jumbo-interest-rate-hike-in-july-11655580451?mod=mw\_latestnews Federal Reserve Gov. Christopher Waller said Saturday that he would like to see another 75 basis point interest rate hike at the next policy meeting in late July. Waller … Read more
by Boo_Randy Get ready for a “Summer of Discontent” as workers who have seen their purchasing power and standard of living fail to keep up with inflation go on strike for higher wages. Such strikes do nothing but cause pointless disruption without addressing the root of the problem: the central banks and their debasement of … Read more
The Texas Republican party adopted a new platform on Saturday that refers to homosexuality as “abnormal” and “opposes all efforts to validate transgender identity.” The Texas GOP party adopted the 40-page platform at its biennial convention in Houston after passing the party’s new guiding principles, which includes a section titled “Homosexuality and Gender Issues.” The section includes … Read more
Unusual activity at the Vatican as reports break that Pope Francis may be about to resign. (And we are there!) pic.twitter.com/P2AetNECH1 — Megyn Kelly (@megynkelly) June 20, 2022
The Russian Foreign Ministry has responded to Lithuania’s partial blockade of Kaliningrad, writing in a statement that they consider the “provocative measures” to be “openly hostile” and warning that the Kremlin may take action to “protect its national interests.” Kaliningrad is sandwiched between the EU and NATO members Poland and Lithuania. Supplies from Russia are … Read more
Colombia is the United States’ greatest ally, or at least it was. Today, for the first time in Colombia’s history, an extreme leftist/communist won the presidency. Colombia was the only country in Latin America that had never had a communist president. But this ain’t no ordinary communist. He is a former M-19 terrorist who spent … Read more
Americans are complaining about not being able to afford gas and food, says Sky News host Rita Panahi. “Don’t they realise he’s changing lives?”
Oklahoma Republican Attorney General John O’Connor believes there’s a “strong possibility” that the Supreme Court will overturn the landmark abortion decision. During an interview with Breitbart News, O’Connor spoke about the looming Supreme Court ruling on Dobbs v. Jackson Women’s Health Organization, the highly anticipated abortion case that could overrule Roe v. Wade. “Because that violence of … Read more
Wow lol https://t.co/kRoRCAe2tl — Cobie (@cobie) June 17, 2022 h/t laflammaster
by Charles Hugh-Smith Every forecast or guess has one refreshing quality: one will be right and the rest will be wrong. What’s the difference between a forecast and a guess? On one level, the answer is “none”: the future is unknown and even the most informed forecast is still a guess. The evidence for this is the remarkable number … Read more
by Martin Armstrong QUESTION: Happy Father’s Day. My question is simple. As a father, would you take your children to see Disney’s Lightyear? HH ANSWER: Personally, no way. It is inappropriate for Disney to abandon the majority of people to try to indoctrinate children at such a young age. Disney’s Lightyear has been a major disaster. Besides being banned … Read more
The first economist on Wall Street to predict a U.S. recession in 2023 is moving up his timeline for an economic contraction. “More than two months ago we forecasted that the U.S. economy would tip into a recession by end-2023,” Deutsche Bank Chief U.S. economist Matt Luzzetti wrote in a note to clients on Friday. … Read more
https://twitter.com/WifeyAlpha/status/1538742315900186624 https://twitter.com/WifeyAlpha/status/1538746672750141442 https://twitter.com/WifeyAlpha/status/1538747816515887104
US credit funds pic.twitter.com/MWrtjBxySW — Alessio (@AlessioTMAD) June 19, 2022 Fears of defaults are surging as credit spreads widened — Alessio (@AlessioTMAD) June 19, 2022
Friday CPI Data for May 2022 got published: Mehr Statistiken finden Sie bei Statista https://de.statista.com/statistik/daten/studie/163462/umfrage/inflationsraten-in-den-laendern-der-eurozone-monatswerte/#professional Also the PPI Data was announced which hiked to 33.6% YTD. Eurozone gas explosion, sets up for a very difficult winter pic.twitter.com/gzVwlvER3I — Global_Macro (@Marcomadness2) June 20, 2022 indeed –and now they're squeeze on coal futures as well (yellow line, … Read more
via WSB: I went to check what was Cramer saying during 2000/2008 crashes to see how wrong often he is. He didn’t disappoint. In January 2000, on the peak of the dot-com bubble, he was super bullish on tech that he wrote an article “To the moon” recommending to invest in tech stocks. Nasdaq dropped … Read more
