The Fed, the economy and the budget deficit are on a collision course with each other.
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GameStop celebrated the launch of its NFT marketplace on Monday. Its Ethereum-based depot for virtually autographed JPEGs arrived just days after the meme stock giant ruthlessly laid off more employees, and based on my short tour through its website, it’s also still a little broken in places. No one can quite seem to make sense … Read more
NOW – CDC Director: "My message is simple: It is essential that these Americans get their second booster shot right away." pic.twitter.com/S3JmmtBvJL — Disclose.tv (@disclosetv) July 12, 2022 h/t John Dutton
A pair of suspected Mexican drug-cartel smugglers was busted with a $1.2 million stash of crystal meth — but had to be freed thanks to New York’s lax bail laws, authorities said Monday. The two California men, Luis Estrada and Carlos Santos, were allegedly caught red-handed by the US Drug Enforcement Administration as part of … Read more
In the Middle Ages, the Catholic Church convinced the commoners to buy indulgences to alleviate their sins. And they made a fortune in the process. Similarly, today, our overlords—the mainstream media, central bankers, and their political allies—are working overtime to convince the commoners to pay for their alleged climate sins. Enter carbon credits, government-issued permits … Read more
by BoatSurfer600 Source: https://www.reuters.com/business/autos-transportation/rivian-will-address-layoffs-restructuring-friday-meeting-2022-07-12/ Tech stocks aren't struggling because of macro. The bond/tech stock narrative was invented to get you to buy them. Tech stocks are falling because they are in a bubble. https://t.co/MZgDvasbtD — Mr. Deplorable (@Ponzi1945) July 12, 2022 Google plans to slow hiring for the remainder of the year in the face of … Read more
The Euro zone is going into recession. The forward-looking orders minus inventories (blue) component in the manufacturing PMIs for key European countries is tumbling and – since data only go to June – this is before any serious disruption in gas supply from Russia even shows… pic.twitter.com/BZVAoYiIJs — Robin Brooks (@robin_j_brooks) July 11, 2022 Germany … Read more
The pain is spreading in China. Today’s brutal plunge in property bonds is even ensnaring investment-grade giant Vanke https://t.co/PCbwIB6sOP pic.twitter.com/vLDvjb6b9t — Rebecca Choong Wilkins 钟碧琪 (@RChoongWilkins) July 12, 2022 OUCH! Nasdaq China Index plunges >7% due to the negative COVID headlines out of the country. Pinduoduo down 10%, Alibaba -9.4%, Baidu -5.7%. pic.twitter.com/aVZynVVkNs — Holger … Read more
Food CPI soars… The numbers ain't pretty!@Mayhem4Markets pic.twitter.com/JS0EFuEeXC — Ayesha Tariq, CFA (@AyeshaTariq) July 13, 2022 US inflation hits 9.1% in June putting further pressure on the Fed https://t.co/jnS7EfCJT3 — Financial Times (@FT) July 13, 2022 US inflation accelerated in June by more than forecast, underscoring relentless price pressures that keep the Federal Reserve on … Read more
by Chris Black Imagine thinking an accusation of half a billion dollars in fraud coming just days after you praised Putin is a coincidence. That is what normie believers in democracy would tell you – there is no relationship between Ecclestone’s pro-Russia comments and getting charged with fraud days later. RT: Former Formula 1 head … Read more
by Chris Black Funny how they knew for thousands of years what a woman is, but forgot when they let women in The Church of England has become one of the centers of global satanism. These people are a lot worse than the World Economic Forum. At least the WEF doesn’t claim to represent God … Read more
by Chris Black Wait, so distributing birth control is a way to commit a genocide? I wish someone would have told me that before I gave women the right to vote. The Guardian: Oral contraceptives for squirrels are working, research has found, and the government hopes they can be used to keep populations down in … Read more
by Chris Black While Vladimir Putin is bringing Ukrainian people home to Mother Russia, Germany is proving why you don’t want to join the Western bloc, bringing “home” a bunch of blacks, Pakistanis, Afghans, and a few Arabs. Breitbart: Germany’s leftist coalition government, led by Chancellor Olaf Scholz, has announced it is looking to give … Read more
by Chris Black This is a based judo move on Putin’s behalf. For hundreds of years, Ukrainians were Russian, and “Ukrainian language” was a bastardized version of Russian using Polish words and strange grammar. So, all of these people now have the option of just embracing Russian identity, becoming Russian again, and forgetting about this … Read more
by Peter Schiff on Schiff Gold: Last week, the Atlanta Fed raised its projection for GDP in Q2, but it still remains negative at -1.2%. That would mean we are officially in a recession with two consecutive months of negative GDP growth. Peter said everything he thought would be happening in the economy is happening. The economy … Read more
https://twitter.com/ToastTruth1/status/1546557021218021376
by Martin Armstrong Protestors swarmed President Gotabaya Rajapaksa’s palace in Sri Lanka, forcing him to flee and step down. The entire government in Sri Lanka will be restructured. When the people are hungry, no amount of rules and restrictions will prevent them from protesting. Sri Lanka ran out of food and ran out of fuel … Read more
At a "Latinx IncluXion" conference, Jill Biden says the Hispanic community is as "unique" as tacos.pic.twitter.com/Vb5wJyYGWB — RNC Latinos (@RNCLatinos) July 11, 2022 h/t RedheadOfHell
Let’s go! The 1934 NFA is the infringement that lets the ATF tax and regulate suppressors, machine guns, SBR/pistol braces, restricts bore sizes, etc etc etc. Basically it’s the big daddy of unconstitutional horseshit, and it’s been used by the federal government for the last almost 100 years to oppress, tax, and register Americans. I … Read more