Hard deflation in used cars. Manheim Used Car Index has gone from 54.2 this time last year — to 9.7. (via @JohnSpall247) pic.twitter.com/QsatslG7bJ — Carl Quintanilla (@carlquintanilla) May 27, 2022 Used car-related @Google search activity has plunged of late @DataArbor pic.twitter.com/HQcUBeM5ZZ — Liz Ann Sonders (@LizAnnSonders) May 27, 2022 In today's Early Look: "Short The … Read more
https://twitter.com/WallStreetSilv/status/1529977841827434508
We're hearing more talk of recession, but have you have heard one pundit mention there's no dry powder? The biggest economic risk and you yet no one discusses it. RAMPANT BUFFOONERY. Hardest landing is GUARANTEED. pic.twitter.com/xTSIXrv5gD — Mac10 (@SuburbanDrone) May 27, 2022 In real terms, adjusted for inflation, it's unlikely we'll see these highs again … Read more
by Charles Hugh-Smith The sooner we start preparing for degrowth, the better off we’ll be. A Chinese proverb captures this succinctly: By the time you’re thirsty, it’s too late to dig a well. Let’s consider livelihood options in an unsustainable economy of extremes that are unraveling, an economy that is being forced to transition to … Read more
https://twitter.com/WallStreetSilv/status/1529688784823955456
"I think we'll have a recession by the end of this year or the beginning of next year," says @jkylebass. "Unfortunately, the Fed's monetary policy just can't change that." pic.twitter.com/dXBObls79H — Squawk Box (@SquawkCNBC) May 26, 2022
Fox News, Released on 5/25/22 Gun control, whether you find the slogans appealing or not, will not stop the next Salvador Ramos. The only way to stop these killings is to figure out why American society is producing so many violent young men. There’s a reason it’s happening. Watch the latest video at foxnews.com
by Boo_Randy Coming soon to a Fed-debauched currency near you. Stack accordingly. https://english.alarabiya.net/business/economy/2022/05/25/Turkey-s-lira-falls-beyond-16-3-vs-dollar-as-FX-need-grows Turkey’s lira slid beyond 16.35 against the dollar on Wednesday to its weakest level since the depths of a December crisis, as analysts questioned authorities’ ability to continue steadying it without new sources of foreign currency. The lira has weakened 9 percent … Read more
https://twitter.com/MarketSanity/status/1529847251761258498
by mapi A recent Fox 5 New York article revealed how Big Tech and law enforcement are working together to identify people who could be a “potential threat” using artificial intelligence (AI). The article describes how private businesses can use Actuate AI to transform every surveillance camera into a predictive AI monster that threatens everyone’s freedoms. In a matter of seconds, … Read more
We’re in the final countdown to British Home Secretary Priti Patel’s decision on the fate of Julian Assange, with the WikiLeaks founder’s extradition to the United States due to be approved or rejected by the end of the month. Joe Lauria has a new article out with Consortium News on the various pressures that Patel is being … Read more
by somalley3 These are projections from the budget and finance committee – not a random drawing
by Boo_Randy Democrats: serving only their globalist oligarch bankrollers and pimps since time immemorial. Hey crypto baggies: remind me again how we’re on the same side. https://www.foxbusiness.com/politics/crypto-billionaire-2024-spending-democrats Sam Bankman-Fried says his donations will back ‘sane governance,’ not party politics
by flux-7 Link to RC Chinese General tweet
by jachjach I am confused. Why number no up? Is this good for bitcoin?
by Boo_Randy Greedy speculators who levered up on debt to buy insanely overpriced houses because “real estate only goes up” are facing their financial wipeout in the globalist looting colonies of Australia, New Zealand, and Canada. Coming soon to a Fed-blown housing bubble near you. https://www.macrobusiness.com.au/2022/05/expensive-properties-drive-australias-house-price-bust/ After leading price growth over the pandemic, Australia’s most … Read more
Just another day in new york city safest subway system, where innocent people are being harassed and assaulted. But the mayor wants you to ride the subway instead of driving, to save the environment. pic.twitter.com/9FfVzfzLoC — Joel Fischer 🇺🇸 (@realJoelFischer) May 25, 2022 This hellhole continues to burn, the demonrats and their slave voters destroyed … Read more
