by confoundedinterest17 The midterm elections are now over, so let’s go back and look at economic news, rather than listening to election hysteria. The net percentage of domestic banks tightening standards for small, large, and middle-market firms is tending towards recession. …
by Chris Vermeulen of The Technical Traders As a trader and investor looking to pull money out of the market regularly, the only thing you are really looking for is the price of the investment you bought or sold-short to move in your …
The cost-of-living crisis has hit a lot of people hard, and unfortunately, making your wages last throughout the month has become somewhat of a challenge in recent months; with rising bills, this is likely to only get harder too. As …
Hedge Fund Billionaire: World ‘plunging towards societal collapse’ as era of cheap money ends The global economy is on the path to hyperinflation and risks societal collapse if soaring prices are not brought under control, one of the world’s biggest …
Guest post by Peter Schiff from his blog on SchiffGold.com: A lot of people seem to think that if the Fed had just started fighting inflation a little earlier, we wouldn’t have seen the rapidly rising prices that continue today. The …
by Shaun Richards This week it is the Bank of England which is in focus as there are quite a few matters on its plate. On Wednesday night it will vote on how much to increase UK interest-rates via its …
by confoundedinterest17 US Q3 GDP numbers are out and they are … meh. Only Biden and Karine Jean-Pierre would cheer about 1.8% real GDP growth. At least real GDP growth wasn’t negative! Real GDP rose 2.6% after -0.6% in Q2 and …
by confoundedinterest17 As the midterm elections get close, the news for Americans gets worse. On the housing/mortgage front, Bankrate’s 30-year mortgage rate (yellow line) just hit 7.20%, the highest since 2000. Also, the US Treasury 10yr-3mo yield curve (white line) inverted, …
https://twitter.com/WallStreetSilv/status/1585069992701464578
Tricky Fed president: ten years of ZIRP and QE crushed US retirees and created the biggest asset bubble in history, but Bostic was smart enough to put his money in a Bank of China CD pic.twitter.com/SoHUVdJEz0 — zerohedge (@zerohedge) October …
Zelensky: “Ukraine needs $38 billion to cover our budget deficit next year; we need $17 billion to “rebuild the critical infrastructure”; we need $2 billion to rebuild our “electric energy infrastructure”; and we need “not less than $5 billion” for …
21-year-old TikTok star with millions of fans is slammed after she posted a sobbing video begging followers for MONEY – because she ‘accidentally’ bought a $100,000 COUCH and she ‘doesn’t want to get a job’ Quenlin Blackwell, 21, from California, …
After claiming that layoffs will be used as a last resort, Meta executives have just instructed directors to place at least 15% of their team on performance improvement plans (PIPs). This move is likely to affect around 12,000 workers across …
by Shamrock000007 There’s a lot of people taking money to play small parts. Not thinking they’re taking money to destroy Western Civilization. Not to destroy America, Canada, most of Europe… It’s never presented like that. It’s to do smaller jobs. Piece …
by Ron Paul of Ron Paul Liberty Report One would have hoped that after the fall of the Soviet Union, the idea of a centrally planned economy would have been discarded forever. But alas, it was not. And now we are witnessing the …
Can't stop staring at the m1 money supply graph…https://t.co/MrYg4t6Xzt pic.twitter.com/HHXlWcx02X — Ryan Petersen (@typesfast) October 6, 2022
by BoatSurfer600 Source: https://fortune.com/2022/10/03/how-to-get-stimulus-check-california-inflation-relief/
by Ryan McMaken of Mises Institute Money supply growth fell again in August, dropping to a 36-month low. August’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. During the thirteen months between April 2020 and April …
Beto O’Rourke and Stacey Abrams shot into the political stratosphere four years ago when the fresh-faced Democrats electrified the party on their way to better-than-expected showings in statewide races in deep-red Texas and purple Georgia. This year, they are struggling …
Repost of JP Cortez work on the Mises Institute blog. He is a Policy Director at Sound Money Defense League: Money is one of the most misunderstood topics of our time, and we’re seeing the implications of this play out …
https://www.theguardian.com/business/2022/sep/28/uk-food-prices-soar-by-record-106-as-russia-ukraine-war-pushes-up-costs Food prices in the UK have soared by a record 10.6% this month, as the war in Ukraine continues to drive the cost of staples such as margarine, pasta and tinned tomatoes to new highs. Overall, shoppers faced 5.7% inflation in …
by Frank Shostak via Mises Demand for goods arises because of perceived benefits. For instance, individuals demand food because it nourishes them. This is not so, however, about pieces of paper we call money, so why do we accept them? According to Plato …
by Chris Black How can Matt Walsh see this happening and continue to refuse to address the hook-nosed elephant in the room? Reduxx: A gender clinic in Nashville, Tennessee is facing backlash after videos were posted to social media showing …
by Martin Armstrong One of the reasons why the US dollar remains the reserve currency is because it has NEVER been canceled. Europe routinely cancels coins and banknotes to prevent people from hiding cash. British is canceling the outstanding old …
ARE THEY BROKE? IS THIS way the Pope recall all of the assets back to the Vatican bank? CREDIT SUISSES CRASH 2022 h/t SS
by Sundance A California judge is allowing a black entertainment group led by Byron Allen to continue their lawsuit against McDonalds for not spending enough money advertising with the network. The lawsuit alleges that McDonalds does not give enough of their …
Feels like 2007 shit Large banks aren’t able to fully offload junk loans to money managers pic.twitter.com/BckAgPP2IO — Alessio (@AlessioTMAD) September 21, 2022 ANALYSIS-Europe energy crisis may deepen with looming liquidity crunch | NASDAQ https://t.co/CJ1ynoLM9h — Alessio (@AlessioTMAD) September 21, …
Among the oblivious are Cook County Board President Tony Preckwinkle and the rest of her board. Last week she announced the county’s version of what’s often called UBI – universal basic income. Under the program, the county will send monthly …
