Independent thinking for complex markets and current events
🇸🇪 It unfortunately looks like the labour market part of the Swedish recession has arrived… pic.twitter.com/XYOkHD7Rer — Mikael Sarwe (@MikaelSarwe) October 12, 2023
TRIGGER FOR NEXT FINANCIAL IMPLOSION “U.S. Banks are facing some $600 billion of unrealized losses, roughly 25% of total banking capital, near the highest levels in history.” – Automatic Earth The U.S. banking system and likely, the global banking system, is essentially bankrupt. They just won’t admit it and central bankers won’t let them admit it. …
By Graham Summers, MBA As I noted a few weeks ago, inflation likely bottomed in July. By quick way of review, the official inflation metric, the Consumer Price Index or CPI, is measured on a year over year basis. So, when the CPI is 5.5%, for instance, what it’s saying is that prices are 5.5% …
A record 4,200 illegals from Africa and the Middle East arrived on the Italian island of Lampedusa this weekend Only 6,000 Italians live on the small island known for its stunning pristine beaches pic.twitter.com/9A7mEdvvae — End Wokeness (@EndWokeness) August 28, 2023 Missiles thrown as fights break out between rival migrant gangs at notorious Lampedusa camp.Lampedusa …
https://www.thestar.com/business/infinity-mortgages-have-arrived-that-stretch-far-beyond-50-years-they-ll-help-avoid-defaults/article_c55d09bc-d5c1-5c87-81cd-246b9cb5e725.html ‘First-time homebuyer Sarah bought her house with her husband back in 2020. They also used a variable-rate mortgage with fixed payments, so the amortization would automatically extend as rates rise. At first, it looked like a wise choice. But over the past year and a half, she was shocked to see the length of …
Always fun to watch my US Taxpayer dollars going up in smoke…. BIG BADA BOOM! Looks like the Russians found an ammo dump full of the stuff. You can hear the Geran Doritos in the background, and people trying to shoot them down with hand weapons. Poor dude that posted this will probably be removing …
https://twitter.com/Terrence_STR/status/1679914852427653120?ref_src=twsrc%5Etfw Cruise ship passengers arrived in the Faroe Islands as dozens of whales were killed as part of a traditional hunt, the cruise line confirmed Thursday. Ambassador Cruise Line apologized to the passengers of the ship Ambition. Passengers were there as 78 pilot whales, which are techncally one of the largest members of the …
by Chris Black More than 200,000 arrive in Texas every month. Women in Southern Spain watch helplessly as boatloads of migrants pour into the country. This 3 days ago in "Cabo de Gata-Nijar Natural Park". 200,000 non-citizens are estimated to have illegally entered Spain in the last 5 years. pic.twitter.com/f0NzliYtAq — Citizen Free Press (@CitizenFreePres) …