The Housing Market Is Going To Grind To A Halt….

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by Old_Man_Papa The current dynamics in the housing market are unlike anything seen in decades, if ever. Prices are at all time highs, supply is scarce, rates are rising and refi activity has plummeted. Housing faces a set of headwinds AND tailwinds at the same time, creating a pressure cooker in a very important sector of … Read more

Biden says he’s now considering wiping ‘substantial’ amount of $1.6tn owed by 43 MILLION student loan borrowers – far more than the $10,000-per-student he proposed while running for presidency

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Joe Biden said he was thinking about forgiving student debt but failed to provide specifics  Has raised speculation he’s now planning to cancel far more than the $10,000-per-student he proposed while running for presidency Progressive Democrats have called for all student debt to be forgiven   U.S. Rep. Tony Cardenas said the president suggested a plan … Read more

“Delete Twitter” Internet Searches Soar After Twitter Deal With World’s Wealthiest Man

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by Mac Slavo of SHTFplan Elon Musk’s $54.20 per share offer buyout (approximately worth $46.5 billion) was unanimously approved by the Twitter Board of Directors and expected to close this year. Musk has promised to return free speech to the social media platform, but there are plenty who want to “delete Twitter” rather than be “subjected” to free speech. After … Read more

Stop calling people who oppose freedom of speech and who support censorship of dissent, ‘liberals’

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Zuby – Twitter, Released on 4/27/22 Stop calling people who oppose freedom of speech and who support censorship of dissent, 'liberals'. Also goes for people who support lockdowns, mask mandates, vax mandates, segregation, and so on. These people are not liberal. They are authoritarian. — ZUBY: (@ZubyMusic) April 27, 2022    

Putin promises ‘lightning’ response to strategic threats

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President warns that Russia won’t hesitate to use ‘weapons that no other country’ possesses to defend itself (RT) Russian President Vladimir Putin has warned outside forces against interfering in the Ukrainian conflict, promising a “lightning-speed” response to such actions, with the use of Moscow’s most advanced weaponry. Putin was speaking to lawmakers in Moscow on … Read more

Groceries – massive price increases

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by AC I’ve noticed huge increases in the price of fruit and other veggies within the past month alone. We’re not talking nickels and dimes but half dollars or more. ShopRite Dill $1.99 –> $2.69 35% Cheese $1.99 a block –> $2.99 50% Milk (smallest bottle) $0.99 –> $1.49 51% Planet oat milk $4.49 –> … Read more

Report: Illegal Aliens in U.S. Up 1M Under Biden, Total now 15.5M, Costing Taxpayers $143.1 Billion a Year

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The Federation for American Immigration Reform (FAIR) released an analysis using U.S. Census Bureau data that shows the illegal alien population has ballooned since Joe Biden took office by one million, bringing the national overall total to 15.5 million at a taxpayer cost of $143.1 billion a year. Just over the course of Biden’s first … Read more

[CNN] A major recession is coming, Deutsche Bank warns

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https://edition.cnn.com/2022/04/26/economy/inflation-recession-economy-deutsche-bank/index.html “We regard it…as highly likely that the Fed will have to step on the brakes even more firmly, and a deep recession will be needed to bring inflation to heel,” Deutsche Bank economists wrote in its report with the ominous title, “Why the coming recession will be worse than expected.” If inflation does stay … Read more

Northern Ireland faces loss of 1 million sheep and cattle to meet climate targets!

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Northern Ireland will need to lose more than 1 million sheep and cattle to meet its new legally binding climate emissions targets, according to an industry-commissioned analysis seen by the Guardian. The large-scale reduction in farm animals comes after the passing of the ​​jurisdiction’s first ever climate act, requiring the farming sector to reach net-zero … Read more

DXY, dollar index, at 20 year high! Can the Fed either stopped tightening or began loosening?

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Survey: 85% in U.S. Worry About Inflation The financial website WalletHub took the pulse of Americans as the Federal Reserve is poised for a rate change.  John S. Kiernan, managing editor of the site, wrote about the survey: Federal Reserve rate hikes can send shockwaves through stock markets and put many people to sleep. But … Read more

Doom Porn and Empty Optimism

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by Charles Hugh-Smith If we can’t discern the difference between doom-porn and investing in self-reliance, then solutions will continue to be out of reach. I’m often accused of calling 783 of the last two bubble pops (or was it 789? Forgive the imprecision). Like many others who have publicly explored the notion that the status quo … Read more