L.A. County, California has now ruled that cops will no longer be allowed to arrest people for “minor” non-violent crimes; releasing imprisoned individuals without bail.

L.A. County, California has now ruled that cops will no longer be allowed to arrest people for “minor” non-violent crimes like battery, robbery, etc. Furthermore, those currently imprisoned for committing these offenses will be released from jail without having to …

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IMF worries inflation can’t be stopped… Dallas Fed President Logan expresses concern about sustainable inflation return… US could face a severe recession beyond Powell’s forecast.

IMF worries inflation can't be stopped pic.twitter.com/TE6PwuvYFj — Peter St Onge, Ph.D. (@profstonge) July 6, 2023 Dallas Fed President Lorie Logan gets right to the point in her speech: “I remain very concerned about whether inflation will return to target …

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CEO of Signal explains Online harms bill, granting Ofcom power to force UK citizens to download Spyware. New world order enforces authoritarian invasions of privacy.

https://twitter.com/BernieSpofforth/status/1676886438128885761 https://twitter.com/BernieSpofforth/status/1676932108764192769 Before Elon Musk’s takeover, Twitter was operated by the FBI as a shell company to censor free speech. — Benny Johnson (@bennyjohnson) July 5, 2023 https://twitter.com/BernieSpofforth/status/1676582603904675841 https://twitter.com/WallStreetSilv/status/1676948700529082368

The White House is literally fighting in court for the right to censor lawful speech on the internet.

https://twitter.com/greg_price11/status/1676754872484462593?s=46&t=T37mFTn9E_HUaxN1rB76Hw The government is now openly admitting it doesn’t care about the 1st amendment. They are out-in-the-open displaying their desire to censor lawful speech online. There is no reason the WH needs a direct line to social media companies. “Hate …

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Europe is sinking towards an enormous cyclical contraction, the resilient labour market is testimony to the fact that stagflation remains the most probable scenario in Europe

by BoatSurfer600 Source: Sagar Singh LinkedIn Labour market still remains hot as shortages loom. The stagflation is upon us in Europe. pic.twitter.com/Nyt39eG6JV — The Macro Guy (@SagarSinghSetia) June 28, 2023 Remember 2008? It’s happening again! Some European countries are exhibiting …

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Nick Gerli: Rents in hard-hit cities like Austin, Las Vegas, and Phoenix are down 6% in the last year, with taxes, insurance, and interest costs rising. This could lead to forced selling in H2 2023.

Rents are dropping. 📉 Hardest-hit cities include Austin, Las Vegas, and Phoenix, where rental rates are down -6% over the last year. Meanwhile – taxes, insurance, and interest costs are up significantly. Cocktail that could mean forced selling in H2 …

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Bloomberg: Real Estate a “Debt Time Bomb”

“The urban doom loop is accelerating. As commercial buildings empty and default, tax revenue declines, defunding city services like police, fire safety, and more.” The urban doom loop is accelerating. As commercial buildings empty and default, tax revenue declines, defunding …

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Extremely weak global economy… The United States and Europe are already in an industrial recession; Optimism around the Chinese consumer has faded following the re-opening

The third OPEC+ oil cut. Oil ended down on the news. Sign of an extremely weak global economy. pic.twitter.com/Ic3kgQWpFf — Mac10 (@SuburbanDrone) July 3, 2023 Optimism around the Chinese consumer has faded following the re-opening A weakening Chinese economy is …

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Banks would lose $541 billion in ‘hard landing’ contingency… Most investors believe there will be no recession in 2023… Retail has been wonderful exit liquidity for big players.

Banks would lose $541 billion in ‘hard landing’ contingency: Fed The Federal Reserve said Thursday that banks are well capitalized enough to endure a severe recession but stand to lose $541 billion if the economy heads south. The findings came …

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Translation: “Depression Incoming”

by BoatSurfer600 Inflation could be headed for a big drop, and prices could cool significantly without the US having to deal with a recession, according to Bank of America. Strategists pointed to the inverted 2-year and 10-year Treasury yield curve, …

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