Frank Giustra: The US is heading towards a fiscal disaster
pic.twitter.com/mVWFJUr514 — Ain't Nonya (@aint_nonya) April 17, 2024
Independent thinking for complex markets and current events
pic.twitter.com/mVWFJUr514 — Ain't Nonya (@aint_nonya) April 17, 2024
Puerto Ricans faced a fuel shortage after a recent hurricane, with an oil tanker offshore ready to provide assistance. However, the US government prevented the oil tanker from docking due to the Jones Act, which prohibits non-US-built and -crewed ships from transporting goods between American ports. The Jones Act increases costs for consumers and exacerbates …
Some said they were not surprised that all of the victims were immigrants, even though they account for less than 10% of the population in Maryland’s largest city. “One of the reasons Latinos were involved in this accident is because Latinos do the work that others do not want to do. We have to do …
Who’s going to clean this up, and who’s going to pay for it, not to mention will they try to get it running again? BREAKING: Hail storm in Damon texas on 3/24/24 destroys 1,000’s of acres of solar farms. Who pays to fix this green energy? @StateFarm? @FarmBureau? @Allstate? Or you the taxpayer? pic.twitter.com/GpNSaopObZ — …
by confoundedinterest17 Its Pork Barrell Chuck Schumer and Gaslight Joe Biden! Always ready to lie (gaslight) and spend trillions that we don’t have. A new $1.2 trillion government spending package Congress is trying to ram through faces significant headwinds in the House, where members are expected to vote on it later this morning. The 1,012-page bill was …
This should tell you everything you need to know. It wasn’t Trump. It was the Fake Republican in charge. They claim she is just a “commentator”. But we all know she is going to get her own show. Laws need to be past to prevent media organizations from hiring X Government Officials from both parties. …
Despite yesterday’s poll, which put the Conservatives on a parlous 19 per cent and Reform on a fast-closing 15, despite a death-rattle net approval rating of minus 48 (lower than Boris Johnson or Jeremy Corbyn when they resigned), Rishi Sunak survives as Prime Minister. That is largely due to the misplaced loyalty of his colleagues, …
Private Home Ownership Is At EXTREME RISK In America New Reports Show Economists Have Been Lying To All Of Us About The Rate Financial Firms Have Been Buying Up Single Family Homes They said only 18-23% of homes were being purchased & by 2030 they would own 60% That was a lie,… pic.twitter.com/BJF9FDJ5m7 — Wall …
One of the biggest sources of demand for equities remains the companies themselves. Its the self reinforcing cycle of higher asset px -> higher sales -> better cash flows -> more buybacks -> higher asset px… pic.twitter.com/Ykm3XvLw1i — Bob Elliott (@BobEUnlimited) March 13, 2024 You know, it’s a bit like a never-ending loop – when …
This article was written by Brandon Smith and originally published at Birch Gold Group One of my favorite false narratives floating around corporate media platforms has been the argument that the American people “just don’t seem to understand how good the economy really is right now.” If only they would look at the stats, they would …
The CEO of the doomed Titanic exploration company whose submarine imploded, killing all five people onboard including him, eerily joked ‘what could go wrong?’ just weeks before the disaster. Stockton Rush, the CEO of OceanGate, gave an interview to St John’s Radio, a Canadian radio show just a few weeks before the ill-fated Titan sub …
Why economists are warning of another US banking crisis Published: February 26, 2024 12:19pm EST March 2024 is making investors nervous. A major scheme to prop up the US banking system is ending, while a second may be winding down. Some economic commentators fear another banking crisis. So how worried should we be? The red …
Exclusive–Former Employees Reveal Fani Willis’s Extreme DEI Training: Forced to Associate ‘White’ with ‘Bad’, Judges Ranked on Skin Color Fulton County District Attorney Fani Willis subjected her employees to mandatory race training, forcing the entire office to rate “Black” or “White” skin colors as either “Good” or “Bad,” according to training slides and video exclusively …
Feb 26, 2024 #FoxNews Google is facing growing calls to shut down its AI chatbot. #FoxNews Google secretly injects “I want to make sure that all groups are represented equally” to anything you ask of its AI Hey Google, you're counterfeiting my intent by putting words in my mouth. This is dishonest and probably fraudulent. …
Already, it appears the U.S. could end up dependent on unfriendly nations for materials for all those batteries. Then there’s the fact that the nation’s grid simply can’t support all that recharging – California already has been sending out advisories for owners not to charge. And then there’s the limited range, extended recharging times, both …
SUMMARY: Senate ‘Border Bill’ Has MASSIVE Handouts for Ukraine & Israel, Little for Border Security, and Authorizes MORE Migration The “bipartisan” Senate border bill has been released. It includes whopping amounts of funding for Ukraine ($60bn+), Israel ($14bn+), and billions for “humanitarian assistance” around the world. Little, however, is delivered for actual U.S. border security …
by Michael There is a tremendous disconnect between the economic numbers that the government is giving us and what most Americans are personally experiencing on a daily basis. The government says that inflation is low, but the cost of living just continues to spiral out of control. The government says that unemployment is low, but …
The housing crisis intensifies as Wall Street-backed corporate landlord, Invitation Homes, acquires 264 homes in Las Vegas for $98 million. This mega-deal is part of a $650 million exchange, involving nearly 1,900 single-family rental homes between Starwood Capital and Invitation Homes. With 3,500 homes now owned in Clark County, Invitation Homes becomes the second-largest owner …
By Martin Armstrong COMMENT #1: This is in regards to your blog labeled “Homelessness at All-Time High in World’s Wealthiest Nation.” My wife tried to get her Aunt, who has nothing but the clothes on her back, government assistant housing in South Carolina. They told us they haven’t been accepting applications for over a year. You …
The Teamsters union said on Saturday that 99 percent of its members had voted to authorize a strike at brewer Anheuser-Busch’s U.S. breweries. The union is seeking an agreement that would improve wages, protect jobs, and secure healthcare and retirement benefits for 5,000 of its members at 12 breweries operated by Anheuser-Busch, which makes Bud …
You probably haven’t heard about it but we have come very close to some major airplane disasters recently. And the government’s diversity initiatives have a lot to do with it.
The Reverse Repo Facility and the Repo market are crucial overnight lending mechanisms operated by the Federal Open Market Committee. While repos involve banks selling US Treasuries to the Fed to obtain cash for short-term needs, reverse repos occur when banks buy Treasuries from the Fed, allowing them to generate returns on excess cash. The …
A massive hangar in Tustin, California recently burned down under mysterious circumstances. The electricity was shut off to the building and its made out of fire resistant materials, but somehow there entire thing disappeared over the course of 2 weeks. That’s right, the fire lasted 2 weeks and littered the entire area with toxic chemicals. …
If this continues, it won’t end well pic.twitter.com/Fw6sOnKGkN — Bravos Research (@bravosresearch) October 29, 2023 🇺🇸 US non-revolving consumer credit -9.8% monthly change. In #recession territory! Chart: @JeffWeniger pic.twitter.com/4cMMHIBZEQ — Alex Joosten (@joosteninvestor) October 29, 2023
by Chris Black Israeli state media threw a fit on Tuesday over the “public relations disaster” of freed hostage Yocheved Lifshitz’s press conference in which she revealed that Hamas treated her and fellow captives “very nicely” and “were very delicate and gentle with them and took care of all their needs.” Lifshitz said Hamas were …
Chinese property stocks are on track for a 14-year low, as stress in the sector continues to rise amid slumping home sales and deepening debt woes for major developers, per Bloomberg. — unusual_whales (@unusual_whales) October 18, 2023 Fears that Country Garden will defaultAre growing by the day pic.twitter.com/Shl9wCMNca — Longview Economics (@Lvieweconomics) October 18, 2023 …
They overpaid for their inventory They have some used cars priced higher than new ones. Stock down 11% since last Thursday h/t CharlieFoxtrot