A hub for independent voices and hard truths
Anyone doubting that China is well on its way to a Japanese-style lost economic decade has apparently missed the bursting of its massive housing and credit market bubble and the souring of U.S. and European trade relations with that country. And if China, the world’s second largest economy, were to …
Wow, talk about a plot twist! Amazon had us all fooled with their “Just Walk Out” tech, but turns out it’s just a bunch of people in India playing Big Brother while you shop. Next thing you know, they’ll tell us Alexa’s been powered by a bunch of hamsters on …
by Chris Black This comes as Ecuador declares emergency as drug-gang kingpin vanishes from prison. Huge manhunt under way after Adolfo Macías of Los Choneros disappears from cell and guards take… Continue reading by subscribing. Username Password Remember Me Forgot Password
by Ed Driscoll Chinese spy balloon linked to U.S. company used for communication, potentially sending burst transmissions. Biden admin sought secretive court order. THE CALLS ARE COMING FROM INSIDE THE HOUSE! Report: Chinese Spy Balloon Used U.S. Internet Provider. The balloon connected to a U.S.-based company, according to the assessment, to send and …
Mark Spitznagel, chief investment officer of Universa Investments, issues a stark warning about the Federal Reserve’s actions, claiming they’ve inflated the “greatest credit bubble in human history.” In a recent interview, Spitznagel painted a grim picture of the U.S. economy, predicting a mega inferno in the form of a major …
Back then, technology companies were the sole sector propping up the market from mid-1999 to March 2000. Today’s scenario bears a striking resemblance to those times. It’s remarkable how today’s lack of leadership in the stock market echoes the period preceding the tech bust. As shown in the chart below, …
If these problems in major economies collide, it could spell global financial disaster soon, and it feels like we need some urgent solutions, but we’re not getting them. On top of that, the recent Treasury bond auction didn’t go so well, which adds to worries about the U.S. debt piling …
With each round debt/GDP ratio is higher — Michael A. Arouet (@MichaelAArouet) October 9, 2023 And just like that starting with next quarter earnings should grow double digits. Is it always next quarter? pic.twitter.com/X19PIjuSiE — Michael A. Arouet (@MichaelAArouet) October 10, 2023 Never forget children, this time it’s different. Via …
The prominent head of an investment firm has issued a sobering warning against a tech stock that has surged by 232 per cent so far this year. US computer chip-maker Nvidia (pronounced en-vid-eya) has had an unprecedented time on Wall Street in the past few months, with the business posting …
https://www.youtube.com/watch?v=jhcPhwoOXWs Investors should fasten their belts for a volatile fall as September begins. This month is historically known as the cruelest for stocks, with data going all the way back to 1928 showing that Wall Street reports significant losses and enters into “correction mode” as soon as the autumn kicks …
https://twitter.com/theyhatemetoo/status/1690114764704481281 Homebuyers spend 40% of income on mortgage, exceeding 2008 high. Homeowners are now spending a record 40% of their gross income on their mortgage. This is ABOVE the 2008 high of 39% and up sharply over the last 2 years. After paying income taxes and mortgage costs, most homebuyers …