There’s No Such Thing as a Free Market

by Chris Black Here’s how the “free market” works in the real world: One of the most notable large-scale government interventions in currency markets came in 1985. The value of the US dollar had shot up during President Ronald Reagan’s …

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If there was only one causal factor nudging the economy into recession, it might be a mild, brief recession. But with five conditions in confluence, this recession will be unlike any other.

by Charles Hugh Smith on Of Two Minds: Recessions reliably arise from the confluence of these conditions. Note that any one condition can trigger a recession, but no one condition guarantees a recession. Severe, long-lasting recessions occur when multiple conditions arise …

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Tedros: Unfortunately there is a small minority group that’s against the WHO Pandemic Treat

Tedros: Unfortunately there is a "small minority group" that’s against the WHO Pandemic Treaty😏🙏👇👇 pic.twitter.com/48N2UiAain — Sophia Dahl (@sophiadahl1) May 25, 2022 https://twitter.com/RealGeorgeWebb1/status/1529526919338905602 I just bumped into the @nytimes Deputy Managing Editor, @RBlumenstein, in Davos. I asked her how is …

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If you are down big on your portfolio, there is much more pain coming ahead. We are not even half way through this bear market. Liquidation begins in autumn.

https://twitter.com/MFHoz/status/1529432140232163332 https://twitter.com/MarketSanity/status/1529262130351984642 Pandemic Stocks$PTON -87%$ZOOM -71%$NFLX -64% — John Tuld (@BradHuston) May 25, 2022 misses across the board Durable Goods 0.4%, Exp. 0.6%Durables ex transports 0.3%, Exp. 0.6%Cap Goods orders nondef ex aircraft 0.3%, Exp. 0.5% — zerohedge (@zerohedge) May …

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THERE’S A ZUCKER BORN EVERY MINUTE…

via Ed Driscoll  Inside the Collapse of CNN+, The News Channel’s ‘Apollo Mission:’ Hundreds of staffers were drawn to the streaming venture, positioned as network’s future; $5.99-a-month service lasted one month. For the more than 400 workers involved, it’s also the story …

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