by Charles Hugh-Smith All these curveballs will further fragment the housing market. Oh for the good old days of a nice, clean housing bubble and bust as in 2004-2011: subprime lending expanded the pool of buyers, liar loans and loose credit created speculative leverage, the Federal Reserve provided excessive liquidity and the watchdogs of the industry … Read more
The United States did not have a surplus or a balanced budget since 2001 and in the last 50 years it only had 4 years of profit. In fact all profit the US had in the last 50 years wouldn’t be enough to pay for 6 months of the current yearly deficit. So what do … Read more
BREAKING: Turkey's President Erdogan says his country does not favor Sweden and Finland becoming NATO members — The Spectator Index (@spectatorindex) May 13, 2022 https://twitter.com/SNMilitary/status/1525184288668393472
.@RepMattGaetz warned us. https://t.co/8pArOtxSxc — The Columbia Bugle 🇺🇸 (@ColumbiaBugle) May 13, 2022 These old f*cks are going to get us all killed. h/t Coastie Patriot
https://t.co/7pu1rUhFkP pic.twitter.com/tFydkOBYBL — Polemic Paine (@PolemicTMM) May 14, 2022 BREAKING: India has banned wheat exports with immediate effect — The Spectator Index (@spectatorindex) May 14, 2022 h/t dragoon347
Photo by Vita Marija Murenaite From Peter Reagan at Birch Gold Group If you pay any attention to financial news (or if you’re a regular reader of my columns), you’re probably familiar with the term “bubble.” We’ve seen the 2008 housing bubble, the dot-com stock bubble, some are referring to the recent collapse in bonds as the end of a … Read more
Finland no longer receives electricity from Russia. https://twitter.com/DagnyTaggart369/status/1525396326862708737 h/t John Slow
Drinks.house.gov, 6 packs or more!!! What the F*CK is going on in DC?! They are partying while all this SHIT burns down…. Pelosi is opening a liquor store in the House where Members can buy alcohol with their taxpayer-funded MRAs. All while Americans are struggling to pay for food? Outrageous. pic.twitter.com/YPTs1M8p1e — Rep. Austin Scott (@AustinScottGA08) May 13, 2022 … Read more
by DRUMBSHIT Link to Tweet The DNC and Biden have acted like social justice warriors since day one of their supposed “fairest election in the history of elections!” win. To quote his former boss Barack Obama: “Don’t underestimate Joe’s ability to f*ck things up.”
by worthlessreview Think about it. What does every rich person care about? The people? No. Kids? Nope, send them off to boarding school. The environment? *LOL*. They care about their pets. Crazy cat breeds, dogs smaller and smoother than my brain, exotic fish harvested by children in the Congo. Colorful fish, rare birds and hairless … Read more
I don’t usually agree with Democraps, but this guy hits the nail on the head: h/t OldCatfish
Biden’ Kiev Junta has been engaged in a punitive war of genocide against the Donbass since 2014. Putin is both morally and legally justified in disarming the unjust aggressors in Kiev: https://twitter.com/heyhelloirene/status/1524855757279313936 h/t OldCatfish
Sky’s Ashish Joshi has been to Blackpool where many residents have to decide between heating or eating, as the cost of living crisis continues to hit the Lancashire town. The government says it is acting to help the most vulnerable communities in areas like Blackpool. A spokesman said: “We are already tackling health disparities in … Read more
In an interview with Kai Ryssdal on Marketpleace.org Jerome Powell said at the five minute, forty second mark there will be 50 basis points increases and the Fed will do ‘more’ if needed to get inflation under control. Kai prodded him to admit 75 basis points might be the ‘more’ he was talking about to get … Read more
by TheHappyHawaiian CPI from the BLS says that rents are up 5% over the last 12 months, but that’s not even close to reflecting the rents shown elsewhere. We all know this though, ask anyone about their rent and you’ll get some anecdotes saying 2-5%, but you’ll get a lot more saying 15-30%. The chart … Read more
It is evident that fintech is here to stay. What is clear is that this is a shift and that we are headed for a more technologically advanced and sophisticated banking and financial system. Our lives are becoming connected, and technology is a key part of our lives. There are many developments in the fintech … Read more
The price of the Terra (LUNA) cryptocurrency has fallen by more than 99 per cent, wiping out the fortunes of crypto investors. Terra, which ranked among the top 10 most valuable cryptocurrencies, dropped below $1 on Wednesday, having peaked close to $120 last month. Other coins also appear to be in trouble amid a market-wide … Read more
TikTok has a new feature that tells you who’s viewed your profile. To enable Profile View History, open your TikTok profile and tap the eye icon in the top-right corner. While you have Profile View History on, other people will see when you visit their profile too. TikTok has hundreds of millions of users, with … Read more
More than 90,000 civil servants are likely to lose their jobs in an attempt by Boris Johnson to find money to ease the cost of living crisis. The prime minister is understood to have tasked the cabinet with cutting staff by a fifth, telling them every bit of cash saved on government spending could be … Read more
