We’re not at the bottom of the market until pet food sales stop going 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
Chair DeFazio’s Statement on the criminal activity of the Class 1 American freight railroads as it relates to the shipping crisis
I don’t usually agree with Democraps, but this guy hits the nail on the head: h/t OldCatfish
Video from 2014 shows Kiev intentionally shelling apartment high rise in Donetsk
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
Blackpool UK, homes being robbed for food? Yep, home invasion for food
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
JPow says a 75 basis point increase is NOT off the table.
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
The only thing up this year is your rent, and it’s up a lot more than CPI inflation says it is!
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
Fintech Developments That Will Change the Future
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
‘I lost my life savings’: Terra Luna cryptocurrency collapses 98% overnight
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
A new TikTok feature can tell you who’s viewing your profile — here’s how to turn it on
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
We are in a recession. And there’s no doubt about it.
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
Derecho blasts northern Plains with 100 mph winds, leaves 1 dead
The multi-day severe weather threat across the Plains escalated on Thursday, with thunderstorms delivering powerful winds and massive hailstones across the region a day after a meteorologist was killed in a crash during a preceding storm. The extreme weather event has been declared a Derecho, a long-lived thunderstorm complex that is sometimes called an “inland … Read more
Food Banks Are Struggling to Meet Needs of Citizens at Almost ALL Locations Across US
https://www.youtube.com/watch?v=KSinqkmsWkY – Food banks across America say those economic conditions are intensifying demand for their support at a time when their labor and distribution costs are climbing and donations are slowing. The problem has grown to the point where last week President Joe Biden called for a Conference on Hunger, Nutrition and Health in September, … Read more
Market crash isn’t over, crypto bloodbath will spill over to stocks – Ted Oakley
0:00 – 50% market correction? 2:30 – Fed monetary policy 6:00 – Biggest market risks 10:10 – Private equity 11:30 – Stock fundamentals 15:16 – Stock market outlook 17:22 – Crypto market
Netflix tells woke employees to accept free speech or find another job…
The updated Netflix Culture memo also includes a new section called “Artistic Expression,” explaining that the streamer will not “censor specific artists or voices” even if employees consider the content “harmful,” and bluntly states, “If you’d find it hard to support our content breadth, Netflix may not be the best place for you.” The … Read more
The Student Loan Crisis: Yet Another Government-Created Problem
Government is not a problem-solver, but a problem multiplier. In an effort to make college “more affordable” and “more accessible,” students now live under mountains of debt. All of this credit has naturally driven up the price of going to college as well. Now government, in yet another effort to “help,” is thinking about forcing … Read more
U.S. Surpassed 100,000 Overdose Deaths In 2021
by Chris Black Something not noted in the article but gives it huge context – this record 108,000 overdose deaths in 2021 comes despite the fact that nearly every first responder – police, EMT, firefighter – carries Narcan which can stop an overdose in its tracks. So those years in the 2010s when we had … Read more
Elon Musk Says Trump Shouldn’t be President
by Chris Black Wow, that escalated quickly. Elon vows to buy Twitter, make it a “free speech” platform (will never happen), promises to reinstate the Donald’s account, and now this: “Even though I think a less divisive candidate would be better in 2024, I still think Trump should be restored to Twitter.”https://t.co/0XcauApuOS — The Washington … Read more
Elon Musk’s Shady Twitter Deal
by Chris Black Twitter shares are bouncing back after Musk clarified that he is “still committed to the acquisition”. Still committed to acquisition — Elon Musk (@elonmusk) May 13, 2022 Oh come on. I’m sure the dozens of shell companies Musk uses to manipulate the futures market in the companies he is involved in, didn’t … Read more
This Economy is Toast
by Chris Black https://t.co/GfHVWiA91q — Planet Today (@PlanetTodayNews) May 13, 2022 Here’s the deal: Most of those ships were forced to turn back and return to China. The window to sell the inventory this year blew by. The companies just wrote the orders off as a loss to reduce their taxes. Once that happens, they … Read more