by Chris Black I have one thing to say to these virtuous parents. Don’t be racist. This country is living through a nightmare. Now they’re going to put illegal immigrants in school gyms.! Migrants to be housed in 6 more NYC school gyms — outraged parents say plan is 'just insane' https://t.co/n0etARZ8RL via @nypmetro — … Read more
by Chris Black According to Keynesian economic theory, one of the main tools to combat inflation is to raise interest rates to shrink the money supply. This worked under Volker in the 80s because the national debt was manageable. But today? US Now Spends More Servicing Its Debt Than On National Defense https://t.co/oScK78rEkk — zerohedge … Read more
Good Morning Everyone! Institutional investors have been dumping stocks for the last 12 months. You have to ask yourself some serious questions when you see this. pic.twitter.com/y7vbM9J7q4 — Genevieve Roch-Decter, CFA (@GRDecter) May 16, 2023 M2 money supply has only fallen like this 4 times previously. Only the Great Depression was worse than now. 🔊 … Read more
President Biden Announces Intent to Nominate Dr. Monica Bertagnolli as Director of the National Institutes of Health https://www.whitehouse.gov/briefing-room/statements-releases/2023/05/15/president-biden-announces-intent-to-nominate-dr-monica-bertagnolli-as-director-of-the-national-institutes-of-health/ From 2015 through 2021, Bertagnolli received more than 116 grants from Pfizer, totaling $290.8 million. This amount made up 89% of all her research grants, according to Open Payments, a national transparency program under the Center for … Read more
Connecting your crypto seed phrase to your passport. What could go wrong? Hardware wallet provider Ledger has caused a stir online after releasing its latest Ledger Recover service in their latest firmware update. In a nutshell, it’s an ID-based key recovery service that backs up users’ seed phrases. To use the service, users must provide … Read more
https://twitter.com/_SDParker/status/1658472461783158786 “some Canadian households, and it tends to be the better off households, do have quite a lot of that they saved because there hasn’t been that much due in the pandemic and certainly it would be great if that money could go towards driving our recovery” Does anyone have the link to the full … Read more
A 12-year-old boy and a 20-year-old man have been charged with murder after the juvenile fatally shot an employee at a Sonic Drive-In restaurant in Texas, police said. The shooting unfolded Saturday evening at the Sonic in the 300 block of South Old Betsy Road in Keene, local police said. Keene is located about 30 … Read more
Import the third worldBecome the third world 🙏 — Reminiscences of an American Capitalist (@4Awesometweet) May 15, 2023
by BoatSurfer600 Obviously. Rates started to go up a year ago. It takes that long for all the banks short term loans/treasuries to come due/payout. The can not borrow fresh loans below the interest rate the long term loans they made. Result: they loose liquidity and money. Once they loose money, people/companies withdrawal their deposits. … Read more
https://twitter.com/Tinkerbell83452/status/1658098765432012800
“Google has agreed to an $8 million settlement with Texas over deceptive ads for its Pixel 4 smartphone, in which radio DJs were hired to provide testimonials without being given the phone to use.” https://tech.slashdot.org/story/23/05/15/219201/google-to-pay-8-million-settlement-for-lying-to-texans-state-ag-says
You assume they are good intentions. They are not. He wants to erode the very fabric of civilization. Soros hates humanity. — Elon Musk (@elonmusk) May 16, 2023
via fortune: “Credit card balances were flat in the first quarter, at $986 billion, bucking the typical trend of balance declines in first quarters,” researchers wrote in the report. “US households showed signs of increasing financial stress in the first quarter, with credit card balances not declining in the way they typically do at the … Read more
by Illuminati_MMXX The United States Dollar has been the worst performing currency of the G-10 countries over the past month. The United States Dollar has lost more than 10% of its value in the last 6 months comparatively. France’s (the 2nd richest country in the European Union) Emmanuel Macron stated recently that “international dependence on … Read more
by BoatSurfer600 It’s a milestone that exceeds the vacancy rate during the 2008 global financial crisis. The next big potential risk to the U.S. economy may be lurking in corporate towers across the country’s downtown districts. With many people still working from home, companies are cutting back on so much office space that it threatens … Read more
I asked the Texas National Guard if this is one of their soldiers who opens the gate for the group of migrants. They tell me she is NOT a TX soldier & is not TX ARNG. I’m told she is a Title 10 soldier from the Missouri ARNG under orders from the federal gov & … Read more
by freestateofflorida Link to post (read the screenshots): https://twitter.com/greg_price11/status/1658196453573926953?s=46&t=rQks-ZMtRHGDrfJntd-foQ So Biden has collaborated with the CIA to try to rig an election twice, but Republicans don’t want to file articles of impeachment because that would be too polarizing?
by confoundedinterest17 I used to think that The Kabuki Theater surrounding the raising of the US debt limit and passing a Federal budget would be over by now. But since Biden is being controlled by the hard left “Progressives” in Washington DC, he may be reckless enough to let the US default just so he … Read more
There’s a massive divergence between CDS price and the $VIX 👀 Notice how they typically move together Image: HolgerZ pic.twitter.com/lrjcjcU9F2 — Cheddar Flow (@CheddarFlow) May 15, 2023 "vol control funds alone have added about $72B in US stocks in the past 3 months a greater flow than in 80% of 3 month periods over the … Read more