A hub for independent voices and hard truths
The big question is, who will buy our US Treasury debt in the coming years? When does the US economy break due to hire rates? 🔊… sound on Japan, China and Saudi Arabia are all selling. The Social Security and Medicare trust funds are all selling their US Treasury debt… …
British Columbia and Ontario premiers beg for the Bank of Canada not to raise rates. Ontario Premier Doug Ford is asking the Bank of Canada to stop hiking interest rates, saying Ontario families and businesses are struggling to get by and can’t afford another increase. The bank has raised rates 10 …
by Western_Giraffe9517 They reached their peak , then the bubble burst. The Dutch East India Company – Tulip mania bubble – 1637 Mississippi company – The Mississippi bubble – 1718 – 1720 South sea company – The south sea bubble – 1720
https://www.wsj.com/world/europe/germany-is-losing-its-mojo-finding-it-again-wont-be-easy-c4b46761 Germany Is Losing Its Mojo. Finding It Again Won’t Be Easy. BERLIN—Two decades ago, Germany revived its moribund economy and became a manufacturing powerhouse of an era of globalization. Times changed. Germany didn’t keep up. Now Europe’s biggest economy has to reinvent itself again. But its fractured political class …
“A former Olympic swimmer for Team GB has died ‘suddenly’ at the age of 43. Helen Smart was a world level competitive swimmer and backstroke specialist who won a bronze medal at the 1998 Commonwealth Games in Kuala Lumpur and silver medals at the World and European Championships. After representing Great Britain …
Dalbir Bala, who lives in the Winnipeg area, bought a Ford F150 Lightning EV in January for $115,000, plus tax. He told FOX Business he needed the vehicle for his work, but also wanted something suitable for recreational activities such as driving to his cabin or going fishing. He also …
The Federal Reserve has just reported the largest year over year rise in history of the velocity of the M2 money supply with a 10.6% increase from one year ago. Photo credit: (FRED) The Velocity of Money is defined by the Federal Reserve as: …’the number of times one dollar …
Think your standard of living is not the same as it used to be? You’re right about that. Americans have lost over a third of their purchasing power in the past decade, and the biggest share of that loss happened in the past three years. For millions of retirees, and …
Today might have seen the biggest physics discovery of my lifetime. I don't think people fully grasp the implications of an ambient temperature / pressure superconductor. Here's how it could totally change our lives. — Alex Kaplan (@alexkaplan0) July 26, 2023 1. 100 billion kWh of electricity are wasted on …
by Dismal-Jellyfish https://www.finra.org/rules-guidance/key-topics/margin-accounts/margin-statistics Source: https://www.finra.org/sites/default/files/2021-03/margin-statistics.xlsx Wut mean?: According to FINRA Rule 4521(d), FINRA member firms with customer margin accounts must report by the last business day of each month: Total debit balances in securities margin accounts. Total free credit balances in all cash and securities margin accounts. Debit Balances in …
via YAHOO: The National Council for Social Security Fund, which oversees about $417 billion according to the latest available figures, has advised asset managers that handle its money to sell some bonds including those from riskier LGFVs and private developers after a review, people familiar with the matter said, asking …
https://www.youtube.com/watch?v=RQJKDMYy9ZM A car market crash of epic proportions is already in motion, according to new data released by Manheim Market Insights and Cox Automotive. In June, car prices faced a record drop, marking the end of two years of hefty increases. Used vehicles saw the biggest monthly declines since the …
@DavidSacks THE AMMO SHORTAGE @MarcBodnick asks a good question: “Can’t we make more ammunition? Is this really a crisis?” According to the AP, it will take the U.S. 5 years to ramp production of 155mm artillery ammo to 85k shells per month. This is up from 14k shells/month pre-war and …
Housing Bubble 2.0 is bursting, & the wipeout of fake “value” created by fake money is going to be epic. via dailymail.co.uk: House prices in Britain fell at the fastest annual rate in 12 years in June, latest figures show. Halifax said the annual fall of 2.6%, equating to around …
Source: wolfstreet h/t BoatSurfer600
It bags a few questions. Why our military faces the biggest recruitment shortages in 50 years if it’s not for Wokeness and promoting people like Maj. Rachel Jones? pic.twitter.com/7yq5U5YXKM — I Meme Therefore I Am 🇺🇸 (@ImMeme0) July 2, 2023 Is letting men who identify as women to take showers …
Bloomberg: American States Once Awash In Cash See Their Fortunes Suddenly Reversed California is an extreme case of a state that relies heavily on its richest residents for its tax base. But it’s not alone: revenue in 16 other states is down this fiscal year through April, according to the …
Members of President Biden’s family may have accepted in excess of $40 million from foreign nationals in exchange for favorable policy decisions, House Oversight Committee Chairman James Comer suggested Wednesday. The Kentucky Republican said that his panel has identified “six specific policy decisions” where Biden, 80, took actions that indicate …
Did Secretary of State Anthony Blinken cut a secret deal with Communist China’s dictator Xi Jinping to cover up the role of the Wuhan Institute of Virology (WVI) in genetically engineering COVID-19 in exchange for a smoothing of US-China relations? The Biggest Coverup in American History Just Happened Before Our …
TLDR, FedEx would just put a new odometer in their old vans, drive it around for a little bit further, then sell the used vans at auction. via mensjournal: “When FedEx vehicles reach the end of their lifecycle they are typically resold, often to small businesses, to be repurposed into …
via NYPOST: Sales of Bud Light suffered their steepest weekly drop yet since the beer brand launched its disastrous tie-up with transgender social media influencer Dylan Mulvaney, according to the latest data. In the week ending June 17, sales of the Anheuser-Busch brand fell by an eye-popping 28.5% versus a …
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 past three years, over 160,000 restaurants have been permanently closed …
https://www.youtube.com/watch?v=qXvuWKPixeM Subway is now shuttering a huge number of stores, and new reports reveal that the mass closures have just brought the chain to its smallest size in almost two decades. The company has been struggling financially for years, and right now executives are trying to sell the decaying franchise …
BREAKING: @BlackRock Recruiter Who “Decides People’s Fate” Spills Info on Company’s World Impact “It’s not who the president is- it’s who’s controlling the wallet of the president” “You got $10K? You can buy a senator" “War is real f***ing good for business” #BlackRockExposed pic.twitter.com/DZIy1DuZKF — James O'Keefe (@JamesOKeefeIII) June 20, …
25 countries, 250 aircraft and 10,000 soldiers will take part in the exercise, which has as its object the immediate response of the Alliance in the event of a crisis and the activation of Article 5 for a collective response in the event of an attack against allied territory. The …
via SCHIFFGOLD: A large sale by Turkey in April caused global central bank reserves to fall for the first time in over a year, even as central bank gold buying continued. Official global reserves dropped by 71 tons in April, according to the latest data collected by the World Gold …
