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During last five decades each time so many full time jobs were eliminated recession kicked in. Is it different this time?

During last five decades each time so many full time jobs were eliminated recession kicked in. Is it different this time? pic.twitter.com/yaD25xQCe9 — Michael A. Arouet (@MichaelAArouet) June 8, 2024 🇺🇸 US full time employees -1.16 million YoY. In #recession territory! pic.twitter.com/2vws9pfr68 — Alex Joosten (@joosteninvestor) June 7, 2024 I've never seen Chicago PMI this …

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During The Great Depression They Were Called “Hoovervilles”, But Today America’s Shantytowns Are Called “Bidenvilles”

by Michael To those at the bottom of America’s economic pyramid, it feels like the economy has already collapsed.  When you can’t afford to put a roof over your head and you barely have enough food to eat, nothing else really matters.  During the Great Depression of the 1930s, millions of homeless Americans created large shantytowns known …

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Biden awkwardly dons Chiefs helmet during team’s White House visit in echo of Michael Dukakis gaffe

WASHINGTON — President Biden briefly wore a football helmet Friday during a celebration of the Kansas City Chiefs’ Super Bowl championship — in a bizarre callback to 1988 Democratic presidential candidate Michael Dukakis’ infamous photo-op of himself wearing a helmet atop a military tank. “Put it on!” Chiefs star tight end Travis Kelce goaded the …

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Federal debt surges, Treasury depletes funds to mask record deficit during elections.

It appears there’s growing concern over the management of federal debt and deficit amidst the backdrop of recent financial maneuvers. Janet Yellen’s decision to draw down $5.7 billion from the Treasury cash account raises eyebrows, seen by some as an attempt to obscure the true scale of the deficit ahead of upcoming elections. This move, …

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Trial Expert Warns of a “Major Flag” During Deliberations That Could Make It “Problematic” for the Jury to Convict Trump

Trial consultant Molly Murphy on Wednesday warned that potential questions from the jury could pose problems for Manhattan District Attorney Alvin Bragg’s efforts to secure a conviction of former President Donald Trump. Prosecutor Joshua Steinglass spent time during lengthy closing arguments Tuesday arguing the unproven claim that Trump violated federal campaign finance law by seeking to suppress …

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Biden demands to be sitting down during presidential debate with Trump. Joe can’t stand for two hours, Trump agrees.

Donald Trump revealed Wednesday that he has agreed to “sit at a table” with Joe Biden — despite his strong preference to stand — during their upcoming debates. The seated format was a request made by the 81-year-old president’s campaign team, according to Trump. “I hear now we’re sitting at tables. I don’t want to …

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Two people were killed and hundreds injured, shops were looted and public buildings torched during a second night of rioting in New Caledonia

Two people were killed and hundreds injured, shops were looted and public buildings torched during a second night of rioting in New Caledonia, authorities said Wednesday, as anger over constitutional reforms from Paris boiled over. What began as pro-independence demonstrations has spiralled into three days of the worst violence seen on the French Pacific archipelago …

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“Currency crises are destabilizing and horrible. The current setup is the most alarming I’ve witnessed during my career.”

Currency crises are destabilizing and horrible. The current setup is the most alarming I’ve witnessed during my career. It’s not today unreasonable to contemplate China stockpiling gold and commodities ahead of a currency devaluation. Seems reasonable for Asian economies, and EM more generally, to build inventories while they have the liquidity to do so. Reasonable …

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NYC to be “frozen” for 8 weeks during trumps criminal trial

When former President Donald Trump appears in a New York courtroom Monday to face an unprecedented legal battle in his hush money case, law enforcement will deploy a sophisticated and multi-layered security plan greater than that of his previous high-profile cases in Manhattan, law enforcement officials told CNN. Trump, who is supposed to be in …

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Disturbing Footage of Obama Found During P Diddy Raid

Rapper P Diddy is about to secure his place as the “black Jerfery Epstine” after footage was reportedly found of former president Barack Obama during sex trafficking raids on his homes last week. Like Epstein, Diddy knows where the bodies are buried, and we all know what happened next. Even Suge Knight, the former music …

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Starbucks fires Christian employee for objecting to pronoun policy during Pride Month.

Starbucks terminates Christian employee Taylor Trice for objecting to pronoun policy during Pride Month. “I’m willing to call you by your name. I’m willing to avoid using the pronouns you don’t want me to use, but it’s against my faith to lie and say… someone is a woman if… pic.twitter.com/9m2MBe1CPW — AF Post (@AFpost) March …

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Mongolia: A staggering loss of 5.2 million livestock, constituting 8% of the total, perished during a brutal winter freeze.

ULAANBATAR, 27 March 2024 – Mongolia’s extreme winter conditions, or Dzud, shows no sign of abating and the country, which is at the frontlines of the global climate crisis, is paying for it dearly having lost 5.2 million livestock[1], or about 8 % of its total livestock, said Save the Children. Many children in the worst affected …

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Report: Hunter Biden and associates aided Chinese bid for US nuclear firm Westinghouse during VP Biden’s tenure.

While Joe Was VP, Hunter And Pals Aided Chinese Bid To ‘Control’ Global Nuclear Power Market With US Tech: Report Democrats just can’t stop trying to sell US nuclear assets. According to a new report, while his father was Vice President, Hunter Biden and his business partners attempted to help Chinese energy firm CEFC purchase …

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Explosion injures 16 deputies during SWAT training at California FBI facility.

So, we’ll never know the truth about this story. https://t.co/RSUz6pLBlS — Catturd ™ (@catturd2) March 14, 2024 At least 16 members of a California sheriff’s office were injured in an explosion Wednesday at an FBI training facility. The Orange County Sheriff’s Department’s SWAT team was training inside the FBI Special Agent Jerry Crowe Regional Tactical …

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NY Firefighters face repercussions for booing Letitia James during protest; threatened with re-“education” for dissent.

After NY Firefighters exercised their 1st Amdt right to protest corrupt city leaders, a letter was sent saying anyone who booed Letitia James will be sent to HQ for re-“education” NYC has become a Marxist hellhole where politics are prosecuted & anyone objecting gets in trouble https://t.co/oY859lGnFW pic.twitter.com/qIoKL8LSdV — DC_Draino (@DC_Draino) March 9, 2024 It’s …

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German MP Roderich Kiesewetter calls for attacks on Moscow’s government buildings during a debate.

German MP urges attacks on Moscow government buildings It is "necessary to attack the Russian Ministry of Defense or the intelligence service", according to Roderich Kiesewetter.https://t.co/VjkcbhLPWJ — The Nordic Times (@nordictimes_com) March 8, 2024 In an unexpected twist, German MP Roderich Kiesewetter has set off a storm by suggesting attacks on Moscow’s government buildings, specifically …

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