U.S. Treasury Secretary Yellen proposes a tax on unrealized capital gains to finance Biden’s “Build Back Better” plans https://twitter.com/disclosetv/status/1452422986015944711 An “unrealized gain” is when something you own gains value, but you don’t sell it, like your house or your retirement …
“The ports shutting down is worse than Lehman Brothers failing. Both can lead to catastrophic failures of all counterparties depending on them. But with Lehman, the government could just print tons of money to flood the banks with liquidity,” Ryan Petersen, …
Evergrande crisis indicates that the magnitude of its impending financial collapse will be even greater than anticipated. The main event is not the bankruptcy of Evergrande, but the domino effect it will create on the global markets. For example, Fidelity, …
Via International Man We’re going to eliminate your food now so that you can eat something else in the future that we have not yet got available. What could possibly go wrong? But that is what is effectively happening in …
by The Felder Report This post is an excerpt from a report recently featured on The Felder Report PREMIUM. A few years ago, I suggested the gold miners, which I referred to as the BANG stocks (Barrick, Agnico Eagle and Newmont/Goldcorp), could soon make …
When it comes to major economic imbalances, the most dangerous five words that economic policymakers can utter are “this time will be different”. By lulling themselves into a state of complacency with these words, policymakers tend to delay taking policy …
by Michael Snyder I realize that the headline that I have chosen for this article may sound a bit wild to many of you, but keep reading because what we are potentially facing is extremely serious. Right now, we are …
by Kimble Charting Can anything stop Bitcoin’s rising tide? We may know soon. Bitcoin’s recent run-up to over 60,000 is testing its 2020 highs and a key Fibonacci price resistance level. This area looks to be an important time/price juncture. Let’s …
America is ALREADY in a recession that could be as bad as 2008: Dartmouth College prof David Blanchflower warns that the real state of the economy has been skewed by Biden’s huge unemployment payments Conference Board and University of Michigan …
by Frank Holmes, CEO, U.S. Global Investors We’re all familiar with inflation, whether it’s at the grocery store or gas pump. What cost you $10 last year might cost you $12 or more today, representing a hidden “tax” that steadily …
Fox News, Released on 10/17/21 What can the middle class do to protect themselves from the coming financial apocalypse? Dan Bongino and Peter Schiff discuss the historic levels of inflation and what that means for the Biden economy. Peter Schiff is …
Via International Man “Coercion is no longer taboo.” Has there ever been a time in history where those who have been coercing have been on the right side of history? “The Ministries of Finance and Agriculture have advanced plans to …
https://twitter.com/disclosetv/status/1448394685907623940
h/t Elevate82
Could you live in a floating house? 📕 Read more: https://t.co/ReiTuUC7h5 pic.twitter.com/WiruD82XzV — World Economic Forum (@wef) October 11, 2021
by Michael Snyder The truth is starting to come out, and a lot of people aren’t going to like it. When the supply chain problems and the shortages began, government officials repeatedly assured us that they would just be temporary, …
60 Minutes journalist Bill Whitaker got the deepfake treatment on Sunday’s episode of the CBS series, which explored how artificial intelligence is now used to create fake but hyper-realistic pictures and videos about subjects. “You may never have heard the …
Image credit: Creative Commons (CC0) From Birch Gold Group The housing market is on the verge of spinning out of control. Just about everything that could be going wrong is going wrong. The only holdout for the moment is home prices, which are up an …
By Irina Slav Meteorologists are predicting a cold winter, and it could send energy prices even higher. Record-high natural gas prices forced some utilities to switch to oil derivatives instead, boosting demand for crude. Though oil prices might break $100, …
By Alex Kimani Government spending has soared since 2008, but spending during Covid and the upcoming infrastructure bill represents an entirely new level of spending This government spending, alongside soaring oil prices and a supply chain crisis, are threatening to …
“Treasury Secretary Janet Yellen told CNBC on Tuesday that the U.S. could face a recession if Congress fails to raise the debt ceiling by Oct. 18.” “The U.S. has never defaulted on its financial obligations, and Yellen has warned that …
by Michael Snyder Historically, the start of most wars has not been a surprise. Usually, there is a very clear build up before hostilities begin, and we are seeing the same pattern today. For example, by now it should be …
https://twitter.com/OwenCallan/status/1444631310262325252
A new study suggests that the Canadian government is vastly underestimating changes in food costs, and that the real prices increases may be double what has been reported. Statistics Canada has reported a 2.7 increase in food prices over the …
The internet connectivity on older tech devices and smart gadgets could stop working on Thursday after a key digital certificate required to access websites safely expires. Let’s Encrypt, a nonprofit organization that is the largest issuer of digital certificates — …
OAKLAND (KPIX 5) — Retailers are sounding the alarm on the upcoming holiday shopping season due to serious supply chain issues that are slowing shipments of manufactured goods around the world. Chaos theory in it’s simplest form says if a …
by Daniel Lacalle The bankruptcy of the Chinese real estate company Evergrande is much more than a “Chinese Lehman.” Lehman Brothers was much more diversified than Evergrande and better capitalized. In fact, the total assets of Evergrande that are on the brink of bankruptcy outnumber …
The “black swan” event of a solar superstorm directed at earth could prompt an “internet apocalypse” across the entire globe that could last for several months, new research (pdf) has warned. University of California Irvine assistant professor Sangeetha Abdu Jyothi …
