A hub for independent voices and hard truths
by confoundedinterest17 Another day, another dose of bad fiscal/monetary news. Not surprising with the US Treasury being run by Janet Yellen, who doesn’t seem to know much economics. In fact, with Biden/Congress spending like drunken sailors in port, inflation and The Fed’s counterattack, …
A rum and spirits distributor has made a humanoid robot driven by artificial intelligence its new CEO. “Mika” is a research project between Hanson Robotics and Polish rum company Dictador, who customized the robot CEO to represent the company and its …
A MEASURE of foreign investment into China turned negative for the first time since records began in 1998, highlighting how foreign companies are pulling money out of the country due to geopolitical tensions and higher interest rates elsewhere. China’s direct …
Amid an unprecedented wave of anti-Semitism all over America, the Biden White House decided that now was the time to announce the “first ever national strategy to counter Islamophobia” 60% of hate crimes last year targeted Jews. Just 9% targeted …
Freezing cold, snowing, camped in a tent city by a highway with women and children. Looks pretty tough but at least they have dry tents, baby strollers, bikes for their children and hot meals inside the church. https://www.youtube.com/watch?v=Kjwjfu0C2D4
First comes the shock to T-Bill yields, then comes the shock to jobless claims. pic.twitter.com/DWIf9dN7S6 — Jeff Weniger (@JeffWeniger) November 1, 2023 This is THE US tightest monetary policy seen since the 1980s Something is bound to break pic.twitter.com/vbr6Y44x3r — …
The United States Supreme Court has opted not to review a law that penalises boycotting Israel in the state of Arkansas, leaving in place a lower court’s decision to uphold the measure. Free speech advocates lamented the decision on Tuesday …
Why do politicians insist on every problem in the world having to be funded by America? Americans can barely afford to pay their bills and buy groceries, our border is porous, crime is through the roof, and cities are falling …
BREAKING: Australia is the 1st Western nation to go completely cashless at major banks WEF experiments on their plans for USA and EU ahead of 2024 elections pic.twitter.com/GUZWdh0U80 — E (@ElijahSchaffer) October 25, 2023
By Graham Summers, MBA Japan is slowing losing control of its bond market. The Bank of Japan (BoJ) is currently engaged in an open-ended Quantitative Easing (QE) program. In its simplest rendering, the BoJ starts buying the 10-Year Japanese Government …
"The consumer is in excellent shape." Me: checking sales of luxury goods… – Gucci: -7%– Yves Saint Laurent: -12%– Bottega Veneta: -7%– Other: Balenciaga/Alexander McQueen etc: -15% Probably nothing. pic.twitter.com/dnhRqpGx0G — Genevieve Roch-Decter, CFA (@GRDecter) October 24, 2023 "Consumer spending …
Giorgia Meloni has made Italy the First Nation in the world to ban synthetic meat… Italian people and they will not allow Bill Gates to destroy their food industry 🇮🇹 pic.twitter.com/pfabHlkuB5 — Pelham (@Resist_05) October 20, 2023 Dutch political commentator, …
The yuan surpassed the euro to become the second main currency in trade for the FIRST time This is according to SWIFT People might scoff at the percentage, but they overlook the underlying trend unfolding More and more countries are …
🚨🚨🚨 The average 30-year fixed mortgage rate hits 8.00% for the first time since 2000. Taking into account mortgage rates, incomes, and house prices, October 2023 stands out as the least affordable month for U.S. housing this century. Spread: 308 …
This is just further proof that the Fed’s policies are harming the economy and benefiting only the rich. The fact that bankruptcies are rising shows that businesses are struggling to keep up with higher interest rates, and this is ultimately …
From 2014: WikiLeaks documents show that Israel was interested in empowering Hamas in attempt to end the first Intifada – Hamas "serves as a useful counter-force" Link: https://t.co/RKwzIzU6nn pic.twitter.com/dtzQllnuhM — WikiLeaks (@wikileaks) October 17, 2023 'WikiLeaks cable from US Embassy …
Historians will look back in astonishment that this wasn’t front page news. — Wolf 🐺 (@WorldByWolf) October 12, 2023 After a brief break in the last few days, we are back to the new normal: Stocks and bonds being positively …
H/T: @TaviCosta — Barchart (@Barchart) October 10, 2023 Paul Tudor Jones: The U.S. Is Moving Towards an “Untenable Fiscal Position.” Favors Gold & Bitcoin Hedge fund magnate Paul Tudor Jones expressed concerns over increasing geopolitical risks and the U.S.’s rising …
via JOHN RUBINO: People keep talking about the “box” in which profligate countries will someday find themselves, where the tools that used to work no longer do and everything falls apart. Japan might be in that box. After years of soaring …
via hotair: The real crisis didn’t come from professionalization. It came from Big Tech platforms, which first partnered with bloggers and independent voices — and then worked to curtail or even silence them. The first iteration of this came with Facebook, whose …
Incredibly, ultra long-duration Treasury bonds have now lost more in % terms than stocks did during Great Financial Crisis. The drawdown in extended duration Treasury ETF (🔻58.3%) now exceeds PEAK-TO-TROUGH losses in S&P 500 during stock market crash of 2007 …
Send your sons and daughters to die for the big guy. Why are we being dragged into this with no public discussion, especially when the government seems determined to wind down our armed forces, and when the navy is unable/unwilling …
Banks issuing bonds again to raise funds to pay bills today? Writing IOUs intended to fail? At this rate, it looks like every bank will be put at risk to ensure massive systemic risk to maximize the public bailout. Hello …
California Governor Gavin Newsom signed several firearms and ammunition-related bills into law on Tuesday, including one to tax guns and ammunition and another that places more rules on people seeking a concealed carry weapons permit. The federal government already taxes …
‘OSAKA – A team of scientists led by a Japanese pharmaceutical startup has been working on a drug to stimulate the growth of new teeth in what would be a world-first, aiming to put it on the market by around …
US COMPLETELY FUNDS EVERY ASPECT OF UKRAINE, INCLUDING SALARIES FOR 57,000 FIRST RESPONDERS pic.twitter.com/K0IWtUHOTp — The_Real_Fly (@The_Real_Fly) September 25, 2023 https://www.youtube.com/watch?v=jkGJw5wUZI0 Senator Shocked By Classified Briefing On Ukraine: Warhawks Want Blank Check With No Victory In Sight https://t.co/bvL3yJzrAj — zerohedge …
