A hub for independent voices and hard truths
Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.
“The larger the US balance of payments deficit is, the more it spends militarily and politically around the world, the more foreign central banks end up financing the domestic budget deficit so that the US Treasury doesn’t have to borrow from US investors – it doesn’t have to create money …
J Pow watching Turkey raise their benchmark rate to 15% pic.twitter.com/NsefT3dqOI — MJH📈📉 (@hedgie007) June 22, 2023 h/t esberat
NEW month, NEW record. Average auto loan rate on a new car: 8.99% APR 🥵 Absolutely bonkers. (via dealertrack) — Car Dealership Guy (@GuyDealership) June 20, 2023 Car prices were also >50% lower… — Car Dealership Guy (@GuyDealership) June 20, 2023 h/t Simian_Stacker
https://kingworldnews.com/peak-cheap-gold-and-a-world-in-chaos/ h/t BoatSurfer600
by Dismal-Jellyfish Source: https://www.fdic.gov/news/speeches/2023/spjun2223.html TLDRS: After the 2008 financial crisis, banks were found to be undercapitalized and over-leveraged, leading to a complete overhaul of capital requirements through a set of rules known as Basel III. The aim was to ensure banks held enough capital to weather economic storms. However, Basel III …
by confoundedinterest17 Fed’s Powell to double down of hawish rate message. Or banks and consumers can expect no sugar tonight. Expect a hawkish Fed Chairman Jerome Powell to double down on the Fed’s commitment to vanquish inflation at his semiannual testimony before Congress on June 21-22. While the immediate audience will be …
Why are City Leaders Quiet About 4 Kids Found At South Boston Party Filled With Dead Bodies, Sex Toys, Drugs? Why isn’t this national news? The most underreported story in Boston right now is the fact that over the weekend first responders were called to a public housing complex in …
https://twitter.com/Rasmussen_Poll/status/1671836717760872449/history Marjorie Taylor Greene to Force Bribery Biden Impeachment Vote: ‘We Have Bank Records . . . Everyone Knows That Joe Biden Is a Criminal!’ Rep. Marjorie Taylor Greene (R-GA) in the coming days will introduce articles of impeachment against President Joe Biden under a privileged resolution. By superseding House …
via france24: The financial needs of the Global South are colossal. A group of independent experts, specialising in climate finance and working under the auspices of the United Nations, estimated last year that the world needs to allocate $1 trillion a year between now and 2030 for developing countries besides China to respond to the …
Censuring Bug-Eyed Burbank Bolshevik Adam Schiff Is the Bare Minimum
by Dismal-Jellyfish https://www.snb.ch/n/mmr/reference/stabrep_2023/source/stabrep_2023.n.pdf These measures need to strengthen banks’ resilience in order to prevent a loss of confidence wherever possible, and ensure a broad range of effective options to stabilise, recover or wind down a systemically important bank in the event of a crisis. Third, the scale and pace of …
If the Ukraine conflict has taught us anything in the past year, it’s that drone technology is quickly becoming the force multiplier of choice for offensive and defensive operations. Though, it’s also evident that drone tactics have yet to be refined, with a lot of trial and error left to …
‘A French man has been accused of drugging his wife every night and then recording at least 51 men raping her while she slept. The suspect, known as Dominique P, allegedly carried out the attacks after he mixed the anti-anxiety drug Lorazepam into his wife’s meal, He would then invite …
History does, indeed, repeat itself. Hoping the farmers will get a head start and prevent it from doing so. h/t icky_vicinity23
by Dismal-Jellyfish Source: https://www.bankofcanada.ca/2023/06/summary-governing-council-deliberations-fixed-announcement-date-june-7-2023/ Highlights: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more restrictive policy was needed.” Growth of gross domestic product (GDP) …
The migrants are demanding they be houised ahead of French citizens. Coming to NYC, Chicago, etc… soon. AC
‘The hidden feature, aptly named “Elon Mode,” was discovered by a Tesla software hacker known online as @greentheonly. The anonymous hacker has dug deep into the vehicle code for years and uncovered things like how Tesla can lock you out of using your power seats or the center camera in …
by BoatSurfer600 https://wolfstreet.com/2023/06/21/inflation-shocker-in-the-uk-core-cpi-spikes-to-30-year-high-driven-by-spike-in-services-even-as-motor-fuel-prices-plunge/ I like how it excludes food and energy. keks
Buying NVIDIA shares today costs you 40 times historical annual revenues. That's 40 years to get your money back, assuming $0 cost, 0% tax and a 100% payout ratio. Good luck! pic.twitter.com/tYUZc3Ito8 — Michal Stupavsky, CFA (@MichalStupavsky) June 20, 2023 This is the Fed’s idea of “tightening” Whenever I hear …
Where do they get this kind of money from? The pharma industry must be making a killing promoting this. Thanks for keeping on paying your taxes. via latimes: The city of San Francisco this week launched a guaranteed income program aimed at the transgender community. The Guaranteed Income for Transgender …
Nuland: US supports Ukraine striking targets in Crimea https://t.co/tQpaJhBGO8 — Gilda Mundson (@GildaMundson) June 21, 2023 During the last night, in the occupied Crimea, a railway exploded, halting train traffic in the area near Feodosia.#UkraineWarNews #Russia #Budanov #London #Moscow #counteroffensive pic.twitter.com/iBsizgFzxi — Dr. Khaled Alfaiomi (@Alfaiomi) June 21, 2023 Ukraine …
The Titanic tourist submarine that went missing was controlled by a $29.99 gaming controller. Wow 😮 pic.twitter.com/GjtmhRHtvI — Sam | 🇺🇸 |🦅| (@john1rudio) June 21, 2023 The Titanic tourist submarine that went missing was controlled by a $29.99 gaming controller. Wow 😮 pic.twitter.com/GjtmhRHtvI — Sam | 🇺🇸 |🦅| (@john1rudio) June …
via newzasa: The World Economic Forum (WEF) has issued a warning that the use of artificial intelligence (AI), the switch to green energy, environmental, social, and governance (ESG) standards, and slower economic growth will all significantly alter the employment landscape over the next five years. According to WEF’s “The Future …
by TonyLiberty It is no surprise that student loan debt in the United States has reached such a high level. With the cost of college tuition continuing to rise, more and more students are taking out loans to pay for their education. This problem is only compounded by the fact …
via Karl Denninger: This is pretty-simple: The Federal Government, via various agencies, is buying your data which all falls under the “other commercial purposes” statement in the “Terms Of Service” you signed up for with your phone, your social media account and everything else. This is wildly in violation of the intent of the 4th …
The #BRICS are loading up on #GOLD like never before. I wonder why that is. They are also working on a new common trading currency that will be backed by hard assets. Also yesterday the IMF stressed that CBDCs should be backed by hard assets. I wonder what that perfect …
🔥 MUST WATCH: @RepMattGaetz GRILLS Special Counsel John Durham on His “Investigation” Into FBI Corruption & the Russia Hoax "When you are part of the COVER-UP, Mr. Durham, then it makes our job harder.” pic.twitter.com/lLinJYQ6Mm — Former Congressman Matt Gaetz (@FmrRepMattGaetz) June 21, 2023
Florida Republican Rep. Matt Gaetz (R-FL) tore into Special Counsel John Durham on Wednesday during a House Judiciary Committee hearing and accused the Trump-era prosecutor of being part of the “cover-up.” Gaetz, known for his flamethrowing rhetoric, lit into Durham for not prosecuting more individuals that he believed were part of a conspiracy that …
David Lee, who was caught masturbating over a baby seagull in an alleyway in Sunderland, has been jailed for 24 weeks. The judge described the case as 'one of the most unusual' he had ever seen in a courtroom. https://t.co/i7PCt4Ukp4 — Metro (@MetroUK) June 21, 2023 – United Kingdom –DAVID …
