Sometimes I think the US economy itself is a bubble
h/t Medium-Hotel4249
Markets
Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
Check out this chart from Bloomberg showing Saudi trade w/ China versus US
by Qplus17 The chart is behind a paywall here: https://www.bloomberg.com/news/articles/2023-08-24/washington-s-top-middle-eastern-allies-move-closer-to-china?utm_source=website&utm_medium=share&utm_campaign=twitter If you add in India you’re up to $175bn/year.
Mask study published by NIH suggests N95 Covid masks may expose wearers to dangerous level of toxic compounds linked to seizures and cancer
The surgical N95 mask has been held up as the gold standard when it comes to protecting against Covid. But a study quietly re-shared by the National Institutes of Health in spring suggests the tight-fitting mask may expose users to dangerous levels of toxic chemicals. Researchers from Jeonbuk National University …
Donald J. Trump to GOP Regarding Biden: “Either IMPEACH the BUM, or fade into OBLIVION.”
View post on imgur.com Donald J. Trump @realDonaldTrump The Republicans in Congress, though well meaning, keep talking about an Impeachment “Inquiry” on Crooked Joe Biden. Look, the guy got bribed, he paid people off, and he wouldn’t give One Billion Dollars to Ukraine unless they “got rid of the Prosecutor.” …
‘Do your part – stay 6 feet apart’ demands the NYPD. This video was recorded THIS MORNING
#VIDEO: New York City is preparing for the next #Lockdown… ‘Do your part – stay 6 feet apart’ demands the NYPD This video was recorded THIS MORNING pic.twitter.com/EfC0efejbK — National File (@NationalFile) August 27, 2023
US – CDC : New covid variant found in wastewater
‘Wastewater Detection: A U.S. wastewater sample that was collected as part of routine monitoring in the National Wastewater Surveillance System (NWSS) has preliminarily indicated the presence of the BA.2.86 variant. Scientists are investigating this sample and will continue to closely monitor wastewater for further or more widespread evidence of BA.2.86.’ …
Do you own any Airbnbs? Looks like it’s about to go t!ts up
The AirBnB Bubble Popping Will Pop The Housing Bubble Authored by Charles Hugh Smith via OfTwoMinds blog, This is how bubbles collapse: the “vital few” 4% sell at whatever the market will bear, pushing prices down, and the 64% awaken to the rapidly narrowing window for locking in bubble capital …
The narrative is beginning to falter
Poland is filing a lawsuit against radical EU *Climate Policies*… Poland has described the EU climate policies as “madness and theories without evidence”… Poland opposes introducing a sales ban on new petrol and diesel vehicles from 2035… Emission Trading Scheme… EU Carbon… pic.twitter.com/XczPvcLuKt — Pelham (@Resist_05) August 27, 2023
How Big is the US Housing Bubble?
via Mike Shedlock: Some deny there is a housing bubble. I believe the bubble is obvious. Case-Shiller home price index and Real Disposable Income via St. Louis Fed, chart by Mish. Chart Notes Case-Shiller is a measure of repeat sales of the same house. This is a far better measure …
Climate protesters get shut down by state police
August 27 2023 Black Rock Desert, NEVADA – “30 seconds, send your leader to my vehicle, let’s talk, get off the fucken road” – Tribal Ranger announced on the highway leading to #BurningMan festival where climate activists blocked the road. About 37 seconds later a ranger RAMMED through blockade, made …
The media is always right…
https://twitter.com/Rugiir/status/1696100980826235040 Just so you know … All main stream media in the USA is government propaganda. — Catturd ™ (@catturd2) August 28, 2023 Remember when the media said that the fires In Greece was because of climate change? Well, now loads of people have been arrested for arson. The media …
JULIETTE OCHIENG: When Black Conservatives Fight.
via julietteo: The Photoshop below is causing a lot of chatter in one of the conservative circles – most are black – I frequent. Amusement. Outrage. Approval. Accusations of betrayal. The responses run the gamut. But I think the comparison, while imperfect, is valid, with the indictment by the Grand Jury …
Ukrainian prosecutor Viktor Shokin accuses Biden, Hunter, Burisma of corruption and claims poisoning.
🚨 Fired Ukrainian prosecutor Viktor Shokin accuses Joe Biden, Hunter and Burisma of corruption and claims he was POISONED twice by enemies trying to silence him pic.twitter.com/0TDy8hX8hT — Benny Johnson (@bennyjohnson) August 27, 2023
Biden – “ More than half the women in my administration are women.”
wait what pic.twitter.com/pXoJt2V36b — DogeDesigner (@cb_doge) August 27, 2023
Get your gas today, because tomorrow it is going up
NEW 🚨 3rd largest US Oil Refinery to shut down after devastating fire in Garyville, Louisiana pic.twitter.com/ReNA9g3fNK — Insider Paper (@TheInsiderPaper) August 26, 2023 Biden Admin Blocks Millions Of Acres To Oil And Gas Drilling https://t.co/0FUiI9MK4R — zerohedge (@zerohedge) August 26, 2023 h/t John Dutton
Tech Billionaires Buy 55,000 Acres Outside San Francisco To Start New City
The New York Times revealed a group of Silicon Valley billionaires are behind the $800 million in land purchases, or about the size of two San Franciscos, around Travis Air Force Base in Solano County, California. We previously covered the mysterious Flannery Associates, which has quietly amassed a staggering 55,000-acre farmland portfolio encircling …
Income to qualify for a mortgage jumps from $47,000 in 2020 to $104,000 in 2023. Home Ownership no longer the American dream for most people
Due to the housing bubble, much higher interest rates, banking crisis and the softening economy. The middle class are being thrown to the curb on house ownership. You will own nothing. These are medians, people Sure, everyone knows a plumber foreman, nurse practitioner, construction manager, and tenured teacher making bank …
Tucker Carlson has requested an interview with President Putin
This is big: 🇺🇸🇷🇺 “Tucker Carlson has requested an interview with President Putin.” – RT Editor-in-Chief Margarita Simonyan pic.twitter.com/GItci3KCwo — Jackson Hinkle 🇺🇸 (@jacksonhinklle) August 27, 2023 Tucker Carlson has requested for an interview with Putin. This will break the internet if it happens 🔥 pic.twitter.com/cVUBu1nIm9 — DogeDesigner (@cb_doge) August …
Michael Shellenberger: Elite Crackdown On Free Speech Worldwide Intensifies
Guest Post by Michael Shellenberger via public.substack.com The leaders of nations, representatives of international organizations, and philanthropists say they are committed to creating free and open societies. Meta CEO Mark Zuckerberg says Facebook has independent fact-checkers, is open to all perspectives, and doesn’t interfere in elections. And, in response to …
A huge portion of Reddit users seem to be bots
Have you guys noticed that for some time on various subreddits most of the users are shills? TV/movies, medicine, government, politics, etc.? It seems likely that it’s all bots, hosted on AWS (Amazon Web Services). Big if true. h/t Existing-Class-140
U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documents
U.S. prosecutors have just unloaded a massive amount of discovery documents, according to lawyers for former FTX CEO Sam-Bankman Fried on Aug. 25. In the relevant court filing, lawyers broadly objected to the government’s intention of opening access to discovery materials — that is, evidence and legal information — while Bankman-Fried is held at the Metropolitan Detention Center, …
Elon Musk throws shade at Big Pharma
On balance, we are far better to have modern medicine than not, but there have been some egregious situations, like opioids. Some of my friends were seriously hurt by this and are now lost to the world. No question that we need to have stronger accountability. — Elon Musk (@elonmusk) …
Judge Orders Hearing for Removal of Fulton County’s Case Against Trump
🚨 BREAKING🚨 📍FULTON COUNTY, GEORGIA ‼️A federal judge has ordered a second evidentiary hearing for removal of the Fulton County case against former President Donald Trump. https://t.co/B7XaPqGjCO — {Matt} $XRPatriot (@matttttt187) August 26, 2023
Massive emergency alert test will sound alarms on US cellphones, TVs and radios on October 4th
This is a test. This is only a test. But it’s going to be one very big test. On Wednesday, October 4 at 2:20 p.m. ET, every TV, radio and cellphone in the United States should blare out the distinctive, jarring electronic warning tone of an emergency alert, accompanied by …
Military helicopter carrying at least 20 US Marines has crashed off the coast of Darwin, Australia during military exercises.
BREAKING: Military helicopter carrying at least 20 US Marines has crashed off the coast of Darwin, Australia during military exercises. — The Spectator Index (@spectatorindex) August 27, 2023 🚨#BREAKING: Currently large Search and rescue is underway after a U.S. Military V-22 Osprey helicopter carrying nearly 20 marines crashes off the …
They are saving their stimmy for WAR spending?
Communist Party Priorities Complicate Plans to Revive China’s Economy Another party journal, Study Times, chimed in with an article that specifically argued against handing out cash to consumers. “While such measures could work in stimulating consumption to some extent, the cost of doing so is too great and it is …
The Bureaucrats’ War On Elon: Damned If You Do, Damned If You Don’t.
Exactly. SpaceX was told repeatedly that hiring anyone who was not a permanent resident of the United States would violate international arms trafficking law, which would be a criminal offense. We couldn’t even hire Canadian citizens, despite Canada being part of NORAD! This… — Elon Musk (@elonmusk) August 25, 2023 …