China tells state banks to prepare for a massive dollar dump and yuan buying spree as Beijing’s prior interventions have failed to stem its currency’s worst year since 1994 If China stops buying US debt, and dumps it instead, the …
by Michael I don’t know if I have the words to describe what we have just seen. Summer just ended, and within one week we have already witnessed the most costly natural disaster in the entire history of the United …
by UniversalSurvivalist Your reminder that on Black Wednesday in 1992 a Tory government raised interest rates to 15% in a failed effort to shore up a crashing pound. When Soros cleaned up on Black Wednesday 30 years ago he was an outsider …
by silvertomars While implied and increasing interest costs are a major problem the root cause of why it is so devastating is that there is just too much debt and its time to pay the piper. Our culture is one …
Climate activists block commute around Boston; state police arrest at least 5, more arrested in Boston. At least 15 climate activists with the environmental group Extinction Rebellion Boston were arrested while staging traffic blockades in the city during the morning …
The breakdown of Excess Death Percentages is below, it could only be described as terrifying..Full Clip Below pic.twitter.com/Uj2Q41Zpsx — Veritas Vox (@veritas__vox) September 20, 2022 In full… h/t A Deplorable Neanderthal
John Rubino with Jason Burack of Wall St For Main St Jason Burack of Wall St for Main St interviewed returning guest former award winning Wall St investment analyst and author, John Rubino. During this 40+ minute interview, Jason asks John Rubino about biggest …
by Chris Black Why? Well, because public debt falls on the shoulders of future generations of taxpayers (intergenerational debt slavery), whereas private debt is the responsibility of the individuals who incurred the debts that they alone must pay off. It …
by BoatSurfer600 Source: https://www.reuters.com/business/energy/gazprom-informed-engie-reduction-gas-deliveries-2022-08-30/ German food CPI rose +16.6% YoY BANK OF ENGLAND: CREDIT CARD BORROWING UP 13.0%, HIGHEST SINCE OCTOBER 2005. And rates rise — Alessio (@AlessioTMAD) August 30, 2022 WESTERN EUROPE HEADED FOR ‘ENERGY COLLAPSE’ – HUNGARY UNLIKE OIL …
This is funny.. there are plenty of accounts with more than 100k on Twitter calling for recession.. but this is a stagflation. 2008 was nothing compared to this, the reality is much worse and the “experts” don’t even see it …
by Charles Hugh-Smith If “markets” controlled by the rich are allowed to distribute essentials, the result will be civil disorder and the overthrow of regimes. What’s worse than inflation? Depression + Inflation. And that’s where we’re heading. As I explained yesterday …
by confoundedinterest17 The phrase “crossing the Rubicon” is an idiom that means that one is passing a point of no return. Its meaning comes from allusion to the crossing of the river Rubicon by Julius Caesar in early January 49 BC. Indeed, the US crossed the …
The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the housing bubble burst about 15 years ago, …
70% of America Says the Economy Is Getting Worse The White House claims there’s no recession and that the labor market is on fire. So how come more than two-thirds of the country says the economy is sinking?
Bloomberg (via MSN), Released on 8/16/22 Americans have been warned for years of an impending retirement crisis. Yet the situation is getting worse. Even when everything was going right — inflation was nonexistent, interest rates were low and stocks were in …
https://www.youtube.com/watch?v=zLA9ZNPr2cI
Texas Gov. @GregAbbott_TX, assailing the #TrumpRaid against a former Republican president, uses the moment to denounce another former Republican president. cc: @NixonLibrary pic.twitter.com/7uRYMCJjMH — James Rosen (@JamesRosenTV) August 10, 2022 https://twitter.com/PapiTrumpo/status/1557154128299806720 h/t CFP
I usually skip past these videos but had let it play as I was doing chores around the house. Thought this was very interesting; anyone care to chime in whether this is really possible or not? h/t CatchADeffaz
By Tsvetana Paraskova With a European ban on Russian crude and fuels looming, diesel markets are set to tighten even further despite weak economic growth. Distillate fuel inventories in the U.S. just witnessed the biggest drawdown for this time of …
“A Bank of America executive stated that “we hope” working Americans will lose leverage in the labor market in a recent private memo obtained by The Intercept. Making predictions for clients about the U.S. economy over the next several years, …
Representative Marjorie Taylor Green has said that “history” proves that Joe Biden is leading a “communist takeover” of the United States. Here, Greene speaks at a press conference outside the U.S. Capitol on February 5, 2021, in Washington, DC. When …
The baby formula shortage is getting worse. “It's horrible. It's the worst feeling. We feel helpless and very desperate." pic.twitter.com/FlAuhdwsS1 — Benny Johnson (@bennyjohnson) July 24, 2022
BlazeTV host Dave Rubin spoke with John Bachman on Newsmax about a new survey that reveals the alarming amount of information big tech is withholding from the American people — especially if that information comes from conservative content makers. According …
Some may think bad news is baked in, but I am inclined to think it gets worse before it gets better. pic.twitter.com/jQggja1eXo — Markets & Mayhem (@Mayhem4Markets) July 21, 2022 Based on Philly Fed new orders indexes (current and future), …
by Boo_Randy How’s that “Build Back Better” working out for ya, new moms? https://www.dailymail.co.uk/news/article-11025335/Americas-widespread-baby-formula-shortage-gets-worse.html President Joe Biden‘s administration announced its 17th Operation Fly Formula mission on Monday as marketing data shows the baby formula shortage is getting worse. The administration announced …
Three-quarters of Americans report having financial difficulties due to inflation, while most voters think that the economy will be even worse in a year, according to a Fox News poll released Sunday. Frustration with Democrats in power as the economy …
A White House website didn’t solve it. Airlift flights from Europe didn’t fix it. Nine months after the New York Times first reported the shortages and three months after Joe Biden acknowledged he finally learned of it, retail inventory of baby formula dropped to its …
