Luddites Were Right, You Know…

by Chris Black The term “Luddite” originated in the early 19th century and refers to a movement of English textile workers who protested against the increased use of machines in their industry. The term “neo-Luddite” was later applied to those …

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The Fed Has Two Jobs Right Now

by Chris Black (1) The WEF has told them to destroy the US economy, and (2) the BIS has told them save the banking system. QT will accomplish (1) and cutting rates will accomplish (2). Mystery solved. "Rate Cuts *And* …

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War Against Iran is Right Around the Corner

by Chris Black USA exists primarily to defend Israel. NEW: U.S. and Israel begin massive joint military exercise in Israel to send message to adversaries.https://t.co/IBJDpb8eyj — NBC News (@NBCNews) January 23, 2023

Americans are running out of money. Last time saving was this low was 2006-07. Right before GFC. Spending cutback + deflation will of course cause a Recession. Potentially a big one.

1) Why is the Savings Rate so low? Because for the last 18 Months Americans have been ravaged by Inflation (orange line). Meanwhile – Wage Growth (blue line) has not kept up. Not even close. pic.twitter.com/T59hRPUSft — Nick Gerli (@nickgerli1) …

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TRUST THE EXPERTS, THEY’LL DO THE RIGHT THING: House investigation finds FDA, drug firm Biogen ignored internal concerns for Alzheimer’s drug.

via abcnews: A congressional investigation into the Food and Drug Administration’s review process for an Alzheimer’s treatment found that the agency “deviated” from its standard procedures to approve the Aduhelm drug with inconsistent data. Aduhelm is notable for being the first …

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REP. SCHIFF: “We’ve got a big problem right now with social media companies and their failure to moderate content and the explosion of hate on Twitter, the banning of journalists on Twitter. […] If you’ll be responsible moderators of content, we will give you immunity.”

https://twitter.com/Breaking911/status/1604599039839936512 Adam Schiff should be expelled from Congress for his corrupt and unconstitutional rogue behavior over the last 4+ years. — Brigitte Gabriel (@ACTBrigitte) December 19, 2022

Housing market crash is happening right now

Is this what "stable prices" look like to you? @federalreserve @MaryDalyEcon @RaphaelBostic @neelkashkari @SenateBanking @SenSherrodBrown Just looks like you stole HOMES from young families in order to line the pockets of old people and speculators. https://t.co/75oBxhqIbM — Darth Powell (@VladTheInflator) …

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