EU – Draft legislation will allow security agencies to spy on journalists through Spyware on phones, if a national government thinks it necessary

https://twitter.com/BernieSpofforth/status/1672916935376351233?ref_src=twsrc%5Etfw TWITTER – Backed into a corner now at a meeting with the EU commissioner and new CEO Linda Yaccarino. Censorship by August 25th … or else be in violation of the EU’s rules to rein in big tech. (Translated …

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Living La Vida Biden! Fed Emergency Bank Bailout Facility Usage Hits New Record High (Regional Banks Still Suffering From Deposit Outflow) Bitcoin Above $30k, Gold/Silver Rise

by confoundedinterest17 The US is Living La Vida Biden (living the Biden life!) Which means you are making millions if you are a political elite, but suffering if you live on Main Street. And regional banks (not the TBTF national banks) …

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15 Big Restaurant Chains That Filed For Bankruptcy – Over 160,000 restaurants have closed in the past three years due to economic conditions, with even biggest fast food chains facing bankruptcy

Our favorite restaurants are vanishing from sight as worsening economic conditions continue to squeeze U.S. businesses. With shoppers eating out less and tightening their budgets, even big names in the industry are seeing their operations rot from within. Over the …

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Stagflation Warning Signs Getting Worse

The economic conditions that defined the 1970s are making a comeback, and that’s bad enough… Photo by Annie Spratt From Peter Reagan at Birch Gold Group Recessionary times are bad enough on their own. But an inflationary economy that isn’t growing, has a rising unemployment …

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The share of nonfinancial firms in financial distress has reached a level that is higher than during most previous tightening episodes since the 1970s

by Dismal-Jellyfish Source: https://www.federalreserve.gov/econres/notes/feds-notes/distressed-firms-and-the-large-effects-of-monetary-policy-tightenings-20230623.html TLDRS: Since March 2022, U.S. monetary policy has become tighter. More businesses are financially distressed now than in previous instances of tightening since the ’70s. Studies suggest that these conditions could lead to significant declines in investment …

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Trudeau Is CENSORING News On The Internet

Facebook, Instagram to BLOCK Canadian News after Bill C-18 Became Law – Meta Calls Bill “Unworkable” Meta, the parent company of Facebook and Instagram is blocking Canadian news outlets’ links from their websites after the Liberal proposed Bill C-18 passed …

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Ooop! JPMorgan “accidentally” deletes millions of Jeffrey Epstein and market manipulation emails.

by EuphoricTrilby There’s a very good chance that the cost of the fine is way less than the fallout of these emails actually getting out. Oh well, it was just an accident. https://twitter.com/wallstreetsilv/status/1671927820484747264?s=46&t=T37mFTn9E_HUaxN1rB76Hw ​ https://www.sec.gov/litigation/admin/2023/34-97787.pdf These proceedings arise out of …

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Survey shows hedge funds tightening nonprice terms due to liquidity issues.

by Dismal-Jellyfish Source: https://www.federalreserve.gov/data/files/scoos_202306.pdf Summary The June 2023 Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) collected qualitative information on changes in credit terms and conditions in securities financing and over-the-counter (OTC) derivatives. In addition to the core questions, …

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Interest-Rate Pain: Expiring fixed-rate mortgages cause difficulties, potentially forcing home sales. More Americans are getting auto loans that exceed the worth of their cars

by BoatSurfer600 Borrowers with expiring fixed-rate or tracker mortgages face difficulties, with some saying they will be forced to sell their homes via theguardian For Steven, a media consultant from Guildford, and his wife, the remortgaging nightmare is only beginning. …

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