McDonald’s Bets on China

By Martin Armstrong My humorous post about McDonald’s celebrating Davos with the McKlaus bug burger deluxe was a pretend advertisement, for now, but McDonald’s is a World Economic Forum partner. This is relevant as McDonald’s is the second-largest private employer in the world. Their chains run across 100 countries, in nearly 40,000 stores, serving about 69 million …

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Denver hospital system may collapse due to migrant crisis: ‘We are turning down patients’

View post on imgur.com Denver’s primary public hospital is grappling with a financial crisis as it provided $136 million worth of treatments to around 8,000 migrants from Central America. With 20,000 visits for services ranging from dental emergencies to mental health counseling, Denver Health is facing a critical stage, having incurred a $2 million loss …

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Pope Francis Calls on WEF to Promote ‘Far-Sighted’ Globalization

ROME — Pope Francis has urged members of the World Economic Forum (WEF) meeting at Davos this week to promote “far-sighted and ethically sound” models of globalization. The World Economic Forum “aims to guide and strengthen political will and mutual cooperation,” the pontiff told them, and “provides an important opportunity for multi-stakeholder engagement to explore innovative and …

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VIDEO: Women Across the USA Swoon and Fall in Love With Houthi Yemeni Pirate After He Posts Video to Social Media, Gets Over 20 Million Views

A 19-year-old Yemeni “pirate” went viral on TikTok and Instagram after posting videos onboard the Galaxy Leader—the Bahamas-flagged cargo ship hijacked by Houthi militants and held captive since November 2023—and spoke to popular Twitch streamer Hasan Piker on Tuesday. KEY FACTS In an interview with Piker, who has over 2.6 million followers, the self-proclaimed “Red …

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How Much Will That GOP Deal on Child Tax Credits Really Cost?

via Mike Shedlock: We have a new number on the deal the House Republicans agreed to. It’s $1.5 trillion over ten years. That does not include an Affordable Housing giveaway. The $1.5 Trillion Deal Let’s put a spotlight on the House Way’s and Means Chair, Jason Smith’s Lousy Tax Deal that the Democrats are salivating over. Some …

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Most important message from 1984 – Orwell

War is not meant to be won, it is meant to be continuous. The essential act of modern warfare is the destruction of the produce of human labor, a hierarchical society is only possible on the basis of poverty and ignorance. In principle the war effort is always planned to keep society on the brink …

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Judge Denies NYC Subway Hero Daniel Penny’s Request to Dismiss Manslaughter Charges, sorass appointed DA BRAGG involved

A New York court has denied Daniel Penny’s request to drop involuntary manslaughter charges in connection with the death of Jordan Neely, a homeless man who threatened subway passengers before being subdued by the Marine veteran. Penny, 25, was charged in the May 2023 death of Neely after putting him in a chokehold on a …

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Biden Caught in Huge Rigging of EV Carbon Credits at Taxpayer Expense

via Mike Shedlock: Tesla is a huge beneficiary of an improper “no legal basis” Biden-sponsored subsidy. This is a massive scandal reminiscent of the diesel-emissions cheating that rocked Germany. Carbon Tax Credits The Biden administration and the Department of Energy colluded to rig estimated gas mileage from EVs. For example, a Tesla that gets the …

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BREAKING: Kentucky Republican introduces bill to legalize incestual sex

“Survivor” winner and Kentucky Republican lawmaker Nick Wilson wants to legalize sexual relations with first cousins as one of his flagship legislative issues in the 2024 session. Wilson was elected for his first full term in 2023, having previously taken a seat after another Republican retired in 2022. He ran unopposed. The Kentucky General Assembly …

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Jamie Dimon’s Take: People Support Trump for Economic, Immigration, and China Views… Warns Negative Talk May Impact Biden’s Campaign

In a recent CNBC appearance, Jamie Dimon acknowledged that voters support Trump for his stances on critical issues like the economy, immigration, and China. Despite disliking Trump’s communication style, Dimon emphasized the importance of respecting fellow citizens’ perspectives. He cautioned against negative discourse around MAGA, suggesting it could have repercussions for Biden’s campaign. Dimon’s insights …

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Economic Crossroads: M2 Money Supply Contracts… Signals of Deflation Risks Amidst Inflation Patterns…

Recent indicators suggest a potential shift as M2 money supply contracts sharply. While inflation has been the norm in recent years, notable declines in asset prices, such as a 25% drop in used car prices and a 50% decrease in egg prices in 2023, raise questions about deflation risks. Examining historical patterns, instances of deflation …

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Welcome to Germany – Arnold Schwarzenegger arrested for failing to report the price of his watch!

Actor and former US politician Arnold Schwarzenegger was detained by German customs officers at Munich Airport on Wednesday for failing to declare a valuable luxury watch. “He is sitting with us, that’s right,” a spokesman for the main customs office in Munich told dpa on Wednesday afternoon. Criminal tax proceedings had been initiated against Schwarzenegger, …

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Federal Reserve Caught in a Conundrum as Economic Indicators Send Mixed Signals

The Federal Reserve finds itself in a bind, hesitant to acknowledge potential rate cuts in March due to concerns about the draining of reverse repo and the looming reserve constraint for small banks. The housing market, a reliable barometer of economic trends, is signaling a foreboding outlook for unemployment in 2024. Current market indicators, from …

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Report: Defense Secretary Lloyd Austin authorized strike against Houthis from hospital bed

via naturalnews: Defense Secretary Lloyd Austin reportedly authorized the military strike against Iran-backed Houthi militants in Yemen while being confined at the Walter Reed National Military Medical Center in Maryland. POLITICO first broke the news of this development, citing information from “two senior administration officials.” Even though Austin was treated for complications from a previous prostatectomy, he was reportedly …

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Just-released Jan. 6 videos show Capitol Police officer lied in Oath Keepers trial

Just-released U.S. Capitol closed-circuit TV video clips from Jan. 6, 2021, show Capitol Police Special Agent David Lazarus gave false testimony in the Oath Keepers trial, Blaze Media investigative journalist Steve Baker reported. What’s the background? Baker penned an analysis in October calling into question Lazarus’ testimony — which helped convict the Oath Keepers — …

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More and more children are getting hurt in American workplaces as CHILD LABOR VIOLATIONS skyrocket by 600%

via naturalnews: The Department of Labor‘s Bureau of Labor Statistics found that nearly 6,000 children, some of whom as young as 10, were being illegally employed in American workplaces in 2023, with fast food restaurants being among the worst offenders. According to the Labor Department’s data, child labor violations have more than tripled in the past 10 years, with …

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Largest Lithium Deposit in the World Suspends Output

via oilprice: Chile’s SQM has announced that it has suspended operations at the Atacama salt flat due to widespread protests by an indigenous community. Local groups have taken to the streets demanding to be included in talks between SQM and the government. Some Indigenous leaders are open to supporting lithium extraction at a fair price. Chile’s lithium …

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The King has a medical condition…

Britain’s King Charles III to undergo hospital treatment for an enlarged prostate LONDON — Britain’s King Charles III will undergo a “corrective procedure” in the hospital next week after seeking treatment for an enlarged prostate, Buckingham Palace said Wednesday. “In common with thousands of men each year, The King has sought treatment for an enlarged …

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