Another “short-term solution” turns permanent….

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by squaremild https://globalnews.ca/news/8972840/arrivecan-2-0-border-app-here-to-stay/ Mandatory App for entry into Canada. Not using the app can result in fines… Claim is that ArriveCAN will ease entry into the country, airline industry says it makes everything take longer: https://www.airport-technology.com/news/canada-arrivecan-travel-disruption/

‘Big Short’ investor Michael Burry called out the Fed for not shrinking its balance sheet enough in June — and compared its love of stimulus to a drug addiction

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Via Business Insider Michael Burry called out the Federal Reserve for not shrinking its balance sheet as much as planned in June, comparing its failure to resist stimulating the economy to a drug addiction. “Drugs are hard to kick,” Burry said in a now-deleted tweet. “Fed was supposed to sell $30B Treasuries and $17.5B Mortgage-Backed Securities per month … Read more

Are you White? Don’t Dare Volunteer…

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Ever thought that white people could do no right? That they shouldn’t exist in public spaces, even in volunteer work? You’re not alone. A recent leftist complaint is that the over-representation of white people in volunteer work must be fixed. Seriously.     h/t Dan

GoFundMe deletes page for NYC bodega clerk who fatally stabbed attacker in self-defense.

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GoFundMe has deleted the legal defense fund page for the hard-working Manhattan bodega worker holed up at Rikers Island on a whopping $250,000 bond after he fatally stabbed a violent ex-con he was trying to fend off. Jose Alba, 51, is currently languishing behind bars at the notorious jail despite surveillance video capturing the alleged … Read more

‘Collapsed’: Sri Lankan Prime Minister declares nation now ‘bankrupt’ (hyper inflationary collapse)

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by Boo_Randy Watch & learn, kids. Thanks to our corrupt elites & criminal central bankers, soon we will all be Sri Lanka. https://www.news.com.au/finance/economy/world-economy/collapsed-sri-lankan-prime-minister-declares-nation-now-bankrupt/news-story/4036098a1771187562f81864146ee308 A once relatively wealthy and stable nation on Australia’s doorstep has been plunged into chaos as a financial crisis wreaks havoc.

GameStop fires its CFO and announces layoffs as part of an aggressive turnaround plan

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GameStop has fired its Chief Financial Officer, Mike Recupero. It’s making staff cuts across departments as part of an effort to turn around the videogame retailer. CEO Matt Furlong explained the changes in the memo to employees and said the company has to take bold steps as it invests in its digital future. https://www.cnbc.com/2022/07/07/gamestop-cfo-is-leaving-the-company-retailer-announces-layoffs.html

Inventor of world’s first cellphone: Put down your devices and ‘get a life’

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'GET A LIFE!!!'How long do you spend on your phone every day?Are you replacing your #Smartphone with a so called #Dumbphone?Martin Cooper – the man who helped invent mobiles – had this message for #BBCBreakfasthttps://t.co/P9SgrByh5Q pic.twitter.com/A4ASXL3O4L — BBC Breakfast (@BBCBreakfast) June 28, 2022 The inventor of the world’s first cellphone says he’s stunned by how … Read more

AMC Theatres is offering $5 movie showtimes on ‘Discount Tuesdays’ once again across all US cinemas through Octobe

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AMC Theatres is bringing back its $5 tickets for “Discount Tuesday” movie screenings at all of its U.S. locations through to the end of October. The company, the largest theatrical exhibitor in the country, said starting Tuesday, July 5, that film showtimes will be priced at the discounted rate, plus tax, for members of its … Read more

Report: Biden Sold Near 1 Million Barrels of U.S. Strategic Oil Reserve to CCP-Owned Company Linked to Hunter ‘Putin’s Price Hikes’

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President Joe Biden’s administration sold 950,000 barrels of oil from the U.S. Strategic Petroleum Reserve to a Chinese state-owned gas company that has financial ties to a private equity firm cofounded by Hunter Biden, according to a Washington Free Beacon report. In April, Biden’s Department of Energy announced the nearly one million barrel sale to Unipec, which is … Read more

France to spend another 20 billion euros to fight inflation

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by Boo_Randy Did France’s globalist Quisling regime graduate from the Brandon School of Voodoo Economics? https://english.alarabiya.net/business/economy/2022/07/07/France-to-spend-another-20-billion-euros-to-fight-inflation A new round of French measures aimed at mitigating the effects of record inflation will cost about 20 billion euros ($20.4 billion), according to Finance Minister Bruno Le Maire. The steps will be targeted more at workers, after the … Read more

Everyone on Twitter is convinced that another round of QE is coming. The bull case is magical thinking conditioned by 14 years of monetary moral hazard

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Everyone on Twitter is convinced that another round of QE is coming.. fixing inflation with more inflation.. nominal yields will skyrocket with interest rates.. genius — Alessio (@AlessioTMAD) July 7, 2022 The bull case is magical thinking conditioned by 14 years of monetary moral hazard: "The Fed will hike rates into deep recession and then … Read more