The Bubble Economy’s Credit-Asset Death Spiral

by Charles Hugh-Smith Who believed that central banks’ financial perpetual motion machine was anything more than trickery designed to generate phantom wealth? Central banks seem to have perfected the ideal financial perpetual motion machine: as credit expands, money pours into risk assets, which shoot higher …

READ MORE

AOC accuses Tucker Carlson of inciting death threats

AOC exists to inject divisive narratives…. AOC accuses Tucker Carlson of inciting death threats against her. Has she forgotten all the death threats against republicans from her Communist supporters.pic.twitter.com/1FYzmS4JEK — Citizen Free Press (@CitizenFreePres) November 9, 2022 h/t PURA SANGRE

Tree of death: This is Poyang Lake, China’s largest freshwater lake. The lake is drying up and is currently below 25% of its normal surface area. It’s so hot that animals are dying by the thousands on farms

2)…The drought is causing a hydroelectric power shortage in Sichuan. The CCP is conserving energy by restricting air conditioning, shutting down businesses, & cutting power to some areas. It is so hot without AC that these folks must cool off …

READ MORE