Independent thinking for complex markets and current events
https://twitter.com/WallStreetSilv/status/1772015363586134336 Cuba’s government has for the first time asked the UN’s food programme for help as food shortages on the Communist-run island worsen. The World Food Programme (WFP) said it had received an unprecedented official request from the Cuban government for help providing powdered milk to children under seven years of age. The request is …
China's Real Estate Collapse At the heart of the decline in family wealth is China's real estate meltdown, which is having a pervasive effect on a society where 70% of family assets are tied up in property. Towards the end of last year, 34 of the top 50 Chinese property… pic.twitter.com/owUbTR8RjW — Reef Insights (@ReefInsights) …
Arkansas Gov. Sarah Huckabee Sanders is sending troops to the U.S.-Mexico border to help Texas in its efforts to tackle the ongoing migrant crisis — just as Texas’ efforts to tackle illegal immigration got put on ice. The Arkansas National Guard will send 40 Guardsmen to support Texas National Guard efforts between April 1 and …
Realtors across America are in for a tough year in 2024, with a new legal settlements likely lowering their fees and commissions. Something that could result in hundreds of thousands of realtors quitting. Many renters are being evicted from their homes due to the increasing cost of renting a house. With 35% of the U.S. …
ACRAMENTO, Calif. (AP) — California voters have approved a measure that will impose strict requirements on counties to spend on housing and drug treatment programs to tackle the state’s homelessness crisis, in a tissue-thin win for Gov. Gavin Newsom, who personally campaigned for the measure’s passage. The state accounts for nearly a third of the …
The world is sitting on the edge of a precipice. It is a world which is highly leveraged. Global debt, for every $1 growth in GDP last year, required $3 of debt, and that doesn’t exclude America. In the fourth quarter, for every $1 of GDP growth, it needed $25 of debt. And when you …
‘The United Nations’ weather agency is sounding a “red alert” about global warming, citing record-breaking increases last year in greenhouse gases, land and water temperatures and the melting of glaciers and sea ice. The World Meteorological Organization (WMO) said in a report released on Tuesday that there is a “high probability” that 2024 will be …
via naturalnews Is the world heading towards a major global food collapse? The governments of the European Union (EU) sure seem to think so. As of right now, EU governments have begun conducting major food crisis war games simulations that predict serious food supply and logistics problems as soon as this year going into next …
So the 2008 housing collapse was NOT caused by poor subprime borrowers, but rather, by a speculative mania. So glad we didn't do that again, otherwise we might be in huge trouble pic.twitter.com/1FxS7YWaMS — Darth Powell (@VladTheInflator) March 14, 2024 The echoes of the 2008 housing collapse reverberate as we navigate the perilous waters of …
Global Corporate Defaults hit highest level since the Global Financial Crisis pic.twitter.com/A676mRcBI7 — Win Smart, CFA (@WinfieldSmart) March 14, 2024 Meanwhile in US: WARNING: Credit card default rate for small lenders have just hit a new record of 7.8% These levels have never been seen since 1991 pic.twitter.com/DrCN9MF0bv — Bravos Research (@bravosresearch) March 14, 2024
WATCH: Tempe firefighters rescue driver who nearly runs into them then collides into several nearby vehicles. https://t.co/dQ7Q4Z9Znl pic.twitter.com/iZRdUMmFda — City of Tempe, AZ (@Tempegov) March 14, 2024 ‘TEMPE, AZ — Tempe firefighters rescued a driver who crashed into another vehicle in front of them. It happened while firefighters were playing pickleball in front of their …
Since the beginning of the year, investors have been nervous as the bank system faces collapse. After March, the U.S. banking system will take a dark turn, and rates will go up. If rates go high, small banks that are holding all of these commercial real estate loans are on the brink of collapse. However, …
Once hailed for its affordability and convenience, the fast-food industry is now facing an undeniable crisis that threatens to reshape the way we eat on the go. The days of grabbing a quick bite for a few dollars seem increasingly distant, with reports of fast-food meals costing as much as 50 dollars. As inflation rates …
Biden told reporters that he is counting on the border action happening by itself. “When is a border executive action coming?” a reporter asked Biden. “I’m counting on the border action happening by itself,” Biden said. WATCH: REPORTER: "When is a border executive action coming?" BIDEN: "I'm counting on the border action happening by itself." …
China is grappling with an enormous debt crisis. Many cities and even whole regions are overwhelmed by financial obligations, pushing local government officials to negotiate debt repayment terms with Beijing. The mounting unpaid debts are putting local economies under strain, potentially stifling national economic growth. The “Financial Times” attributes the overwhelming debts of Chinese cities …
by confoundedinterest17 In statistics we talk about “jump processes.” Like Federal government spending every time there is a financial crisis like the subprime crisis of 2008-2009 and the Covid lockdowns of 2020. Each crisis brought a jump in the level of spending and jump in Federal debt. Federal debt under Biden started at $27.7 trillion and is …
Haiti ‘will go hungry soon’, it has been warned, as looting sparks a food shortage in the Caribbean country where out-gunned police are battling rampaging gangs. Despite Haiti’s government on Thursday extending a state of emergency and nighttime curfew by a month to try and curb the violent gang attacks, US government officials fear that …
Governments of the European Union are engaged in wargames which simulate and foresee a global food crisis. A mix of major factors including the Russia-Ukraine war and impact on grain supplies there, as well as weather events like El Niño and La Niña and their impact on Latin American soy output, and the anti-EU farmers’ protests …
“Robert F. Kennedy Jr Rips MSNBC Hosts Who Ridiculed Americans Concerned About the Border Crisis “It was dismaying to see those hosts on MSNBC, Joy Reid and Rachel Maddow and Jen Psaki, ridiculing middle-class Americans who are concerned about what’s happening at the border. What’s happening at the border would be unsustainable and unacceptable at …
by Michael We were warned that more banks would soon be getting into deep trouble. In fact, just yesterday I told my readers to circle March 11th because that is when a very important Federal Reserve program that has been propping up our banks will be allowed to expire. Unfortunately, we didn’t even have to wait for …
Prominent conservative commentator Mark Levin has unleashed a scathing critique of President Joe Biden, accusing him of being a “serial pathological liar” and asserting that the border crisis will persist until he leaves office. Levin’s passionate condemnation reflects growing frustration over the administration’s handling of immigration issues. Adding to the chorus of criticism, Texas Representative …
John Boyd Jr., founder of the Black Farmers of America, and Shad Sullivan, a rancher in Texas, recently spoke on “The Ingraham Angle” about the damage globalist “green” policies and inflation are causing to U.S. agriculture. Sullivan pointed out that global elites are pushing for sustainability, which is just production and consumption control across the …
Joe Biden has sparked fresh fury over illegal immigration as Texas fumes at Washington’s decision to block its law allowing police to arrest people crossing the Mexican border. A federal court on Thursday sided with Biden’s administration after the 46th President argued allowing state police to enforce border security was a violation of the US …
Desperate property developers in China have resorted to gifts like new cars, free parking spaces, phones and other consumer goods to attract homebuyers and boost flagging sales. These incentives are just the tip of the iceberg in a crisis involving hundreds of billions of dollars in home builder debt, trillions in local government debt and …
via Mike Shedlock EU fiscal rules, on hiatus since the Covid recession, are about to restart. Recession is unavoidable. France and Germany take a leading role the action. Germany industrial production via St. Louis Fed, chart by Mish. Eurozone Fiscal Rules Eurozone fiscal rules have been suspended since 2020 but have been reinstated for 2024. …
"We have rescinded so many Trump immigration policies, it would take so much time to list them!" — Biden DHS Sec. Alejandro Mayorkas (9/23/21)pic.twitter.com/kBVD0TFFLG — RNC Research (@RNCResearch) February 28, 2024 Policies … as in how to enforce and execute the law? Now we have anything goes h/t EuphoricTrilby
By Martin Armstrong I revealed how Democrats planned the deliberate invasion of America to secure votes for socialistic policies. There is a second motive that is not largely understood, but it becomes apparent when you follow the money. In particular, follow the dollar. The dollar’s purchasing power is significantly less than it was a few short years …
