Rural America Getting $401M for Internet

The U.S. Department of Agriculture (USDA) announced a $401 million investment to provide high-speed internet access to rural communities in the country. The investment will benefit 31,000 rural residents in 11 states—Alaska, Arizona, Arkansas, California, Colorado, Idaho, Montana, New Mexico, …

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The Real Estate Problem Is Getting Bad In China

by Boo_Randy https://twitter.com/FinanceLancelot/status/1551294266198179849 How long can the CCP and PBOC go on playing “extend and pretend”? Their entire being depends on prosperity and winning but China faces a deep crisis as their property market teeters on the brink. https://www.news.com.au/finance/business/other-industries/chinas-real-estate-crisis-heightens-as-people-refuse-to-pay-mortgages/news-story/93799b367af45b88ed2b8d58264dd63d Z&L …

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Blackstone has raised $24B for its latest real estate fund (vulture funds getting ready to pounce as millions of f**ked borrowers get foreclosed on after Housing Bubble 2.0 implodes)

by Boo_Randy Looks like the vulture funds, flush with oligarch cash and with access to unlimited Yellen Bux “stimulus” free money, are set to swoop down and once again hoover up millions of distressed houses after the Wall Street-Federal Reserve …

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AOC Fakes Getting Arrested

by Chris Black I didn’t know we arrest donkeys now. On Wednesday, AOC was at some kind of pro-abortion event in front of the Supreme Court. She was blocking traffic in the road and faked getting arrested. People are calling …

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Housing Bubble Getting Ready to Pop: Pending Sales Plunge in June, Inventory Jumps, Price Reductions Spike amid Holy-Moly Mortgage Rates

by Boo_Randy Anyone stupid enough to have bought into the Fed’s insane Housing Bubble 2.0 over the past two years is going to get their head handed to them when it all comes crashing down. Got popcorn? https://wolfstreet.com/2022/07/01/housing-bubble-getting-ready-to-pop-pending-sales-plunge-in-june-homes-listed-for-sale-jump-price-reductions-spike-amid-holy-moly-mortgage-rates/ Pent-up supply …

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ILLEGALS GETTING DUMPED INTO SMALL TOWNS NOW

Oklahoma Republican Attorney General John O’Connor believes there’s a “strong possibility” that the Supreme Court will overturn the landmark abortion decision. During an interview with Breitbart News, O’Connor spoke about the looming Supreme Court ruling on Dobbs v. Jackson Women’s Health Organization, …

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CNBC: “Midwest power & energy situation bad and getting worse. Power costs up 300%, Utility bills may go up 50%. Yes, 50%” | NPR: Rents across U.S. rise above $2,000 a month for the first time ever

Midwest power & energy situation is bad and getting worse. Power costs up 300% from last June as officials weren't ready for a spike in power demand. Utility bills may go up 50%. Yes, 50% A quick post here .. …

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It’s Getting More Expensive to Have Your Period, Thanks to Inflation

by Boo_Randy Sooooo, ladies…how’s that vote for Biden working out for your feminine hygiene supply chains? https://www.bloomberg.com/news/articles/2022-06-09/inflation-is-pushing-tampon-prices-up-10?srnd=premium&sref=ibr3A0ff Inflation has come for period products, making it harder for US consumers with already stretched wallets to afford basic hygiene supplies they can’t …

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Japanese yen keeps getting crushed

Japanese yen keeps getting crushed USDJPY 140 = suicide watch — Alessio (@AlessioTMAD) June 8, 2022 Uniqlo: weak yen and higher fleece prices increase inventory risk https://t.co/G0NKWefX6e | opinion — Financial Times (@FT) June 8, 2022