by Michael Snyder Most people simply do not understand that we really are moving into a long-term economic emergency. So much of the economic optimism that fueled rallies in the financial markets throughout 2022 was based on a belief that …
.@JeffreyToobin do you have any thoughts on how we can beat big meat? https://t.co/MSW01D97Ne — Dr. Richard Harambe (@Richard_Harambe) December 14, 2021
by confoundedinterest17 So much for Biden’s claim that his signature Build Back Better legislation won’t cost a cent. The Congressional Budget Office scored the bill and showed an increase in the Federal deficit of $791,618 MILLION over the next five years. Here …
by BeccaBas I work in distribution, not any of the really big ones but also not small. In my area we get and manage the pricing from our suppliers. I’m seeing an influx of emails announcing 10 to 25% increases …
https://www.irs.gov/newsroom/irs-announces-401k-limit-increases-to-20500 Previously the limit was $19,500. IRA contributions remain the same at $6,000.
I just got an e-mail from a supplier of products I use to warn of significant price increases. I’m afraid that this won’t be the last notice before the Fed’s “transitory inflation” stops. This is the meat of the letter. …
McDonald’s is hiking the prices of its menu items in an effort to offset wage increases and supply costs as the United States grapples with a labor shortage and supply chain crisis, The Wall Street Journal reported. Compared to last …
by confoundedinterest17 US housing starts slowed in September to at a -1.58% MoM rate. Permits dropped 7.67% MoM. Now that interest rates are expected to rise … in late 2022, we may be a slowing in the housing market. Here are …
Writing back in January about President Joe Biden’s order to kill the Keystone XL Pipeline, I warned that that action was just an opening volley in a war on the domestic oil and gas business that would only intensify over …
US President Joe Biden’s plans to spend nearly $5 trillion to change the world’s largest economy advanced in the House of Representatives on Tuesday, after Democratic leaders reached an agreement with centrist lawmakers to end a dispute threatening the bills. …
https://twitter.com/RebelScumUSA_/status/1425947861624049671
by confoundedinterest17 I was reading the usual pundits talking about massive increases in housing coming onto the market, then I saw today’s existing home sales numbers from the National Association of Realtors. US existing home sales were up 1.38% in June …
https://www.breitbart.com/economy/2021/07/12/democrat-infighting-ensues-over-2-4-trillion-tax-increases-within-trojan-horse-infrastructure-package/ Congressional Democrats are infighting this week over Sen. Bernie Sander’s (I-VT) reported desire to levy $2.4 trillion in taxes within the trojan horse “infrastructure” package. “They’re all trying to figure out what the bottom line is,” said a source …
Russia increases yet again its export tax on all grains as the EU wants to decrease production to meet green goals turning the bloc into a net cereal importer, but that leaves many countries on the planet to buy grain. …
by confoundedinterest17 Fed Chair Powell will speak to a Congressional Oversight Panel today at 2pm. He released his printed statement, and mentions that inflation is usually high. “Inflation has increased notably in recent months. This reflects, in part, the very low readings from early …
https://www.youtube.com/watch?v=FppOw8QX1iI Employers are lying about wage increases. People are being hired for one wage and then demoted within 60 days. Food inflation is here to stay. There is a great storm coming. It is time to get your family ready.
https://twitter.com/SMTuffy/status/1377733453639208964 Since the beginning of 2021– US Congressional Blue Wave confirmed– Democratic President inaugurated– $2T 3rd Stimulus Plan announced– $2T Infrastructure Plans announced– 4th Stimulus Plan floated– $600B spent into economy via TGA– and the Dollar has…risen… pic.twitter.com/szQOxfQ6qs — Santiago …
@JStein_WaPo https://twitter.com/JStein_WaPo/status/1118982847094755335
by Nathan McDonald via Sprott Money News You can sense it. You can feel it. The tension in the air is all around us, and it’s not just isolated to one country. Rather, it is a global phenomenon. Geopolitical angst is rising as …
via ECRI ECRI’s U.S. Weekly Leading Index (WLI) increased to 143.4 as WLI growth fell further to -6.5%, a 363-week low. On desktop click here to download WLI data for free, including the full history of its level and growth rate. On …
by Martin Armstrong I have been warning that raising taxes is DEFLATIONARY because you are reducing the net disposable income. Governments simply cannot get that through their head. In Romania where protests over political corruption have been unfolding, the government revealed its plan …
Do you think the Fed will increase interest rates in December? Yes or No? FANG stocks fell into a bear market. GE stock as well. Banks are completely destroyed, desperately hiding their contagion risk. But he market is ignoring all …
by DCG I sense a pattern in west coast, progressive-run cities… From MyNorthwest.com: A plan is being set in motion Monday to deal with Olympia’s homeless population with what the city is calling a “mitigation site.” The goal is to end the …
via calculatedriskblog: From the NY Fed: Total Household Debt Rises for 17th Straight Quarter The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which shows that total household debt increased …
by IAM_14U2NV 401(k) contribution limit increases to $19,000 for 2019; IRA limit increases to $6,000 WASHINGTON — The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year …
Join Mike Maloney as he analyzes the recent stunning news from the Hungarian Central Bank – an absolutely massive shift in their gold reserves.
Is this just another dip inside a bigger bull market? Yet another down day in the stock market as pressure begins to mount on the Federal Reserve and their rate rises. They are still nowhere near the level they said …
by ryeander Average employee/employer premium cost rose from $6250 in year 2000 to $20000 this year. This has rapidly outpaced actual monetary inflation by over 100% ($6250 in 2000 is worth $9151 today). The employer has been shouldering a HUGE …
by Dr. Eowyn Despite sex ed classes in public schools and a wealth of information on the Internet about sexually transmitted diseases (STDs), increasing numbers of Americans still manage to get infected. So much for human rationality, which is the …
https://www.youtube.com/watch?v=ALhTseS9R4Y Charles Fain Lehman for the Washington Free Beacon reports, Attorney General Jeff Sessions announced Monday that there are more immigration court judges than ever, a number he intends to see even further increased by the end of the year. …