A hub for independent voices and hard truths
2/2 But is this the wrong metric? This chart may be the better way to look at it. If so, the US economy still has $2.9 trillion of "excess" money to keep CPI "sticky." pic.twitter.com/WnkjnEAelr — Jim Bianco (@biancoresearch) December 17, 2023
by Ryan McMaken Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021, money …
by Chris Black >That didn’t happen. >And if it did, it wasn’t that bad. >And if it was, that’s not a big deal. >And if it is, that’s not my fault. >And if it was, I didn’t mean i… Continue reading by subscribing. Username Password Remember Me Forgot …
Per The New York Post: He (Polito) also ran a personal website about his life, in which he posted a 15-page theory claiming he decoded the messages left by the Zodiac Killer, who operated in Northern California in the late 1960s. His site also lists people he credited as the …
by DAVID HAGGITH Photo by Eric Muhr on Unsplash Evidence of a severe recession that has already begun continues to build, and the cause is clear. As you can see in the following graph, money supply fell again in October and its “growth” has, during the Fed’s current quantitative tightening (QT), gone …
Authored by Ryan McMaken via The Mises Institute, Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two …
by Chris Black The Russian economy is doing great by any measure, and if you compare it to what is happening in the West, it is like the ultimate dragon from the best manga farting on a crippled racco… Continue reading by subscribing.
by Chris Black “I don’t think most people are aware of how possible it is to stop and reverse the current demographic changes occurring. A lot appear to have given up and accepted it as fate. Th… Continue reading by subscribing.
The US government recently imposed export rules preventing chipmakers like NVIDIA from shipping chips to China (including the GeForce RTX 4090), citing AI safety concerns. However, the US government highlighted that the move wasn’t designed to run down China’s economy, further indicating that it was a safety measure to prevent using the chips in …
by confoundedinterest17 Republicans elected Mike Johnson from Louisiana as House Speaker, then were surprised when Johnson agreed with big spending Senators McConnell and Schumer on Biden’s mega spendathon. Also, several Republicans voted with Democrats NOT to impeach Cuba Pete (Mayorkas) for allowing 8 million illegals to cross the southern border. Bottom line: …
From Peter Reagan at Birch Gold Group First it was the COVID economic panic that started in March of 2020. Then it was Biden’s disastrous mishandling of the military withdrawal from Afghanistan in 2021. Almost immediately following that disaster, the Biden administration went on a multi-trillion-dollar deficit spending spree that dramatically worsened inflation. Not long after, Biden led NATO …
by Chris Black This is an absolute catastrophe. Ireland is a small country. The Irish are being wiped out in their own homeland, and this is happening without much of a peep. Gript: Over 40% of the po… Continue reading by subscribing.
View post on imgur.com via WSJ: Last week we learned that the economy, far from sliding toward recession as economists had predicted over the past year, has actually picked up steam thanks to indefatigable consumers. Not only has economic output made up all the ground lost during the pandemic, but …
Subprime is a fancy word for sh*t credit score. h/t Mayhem4Markets
By Graham Summers, MBA The yield on the 10-Year U.S. Treasury is about to break 5%. As the below chart illustrates, this is a major level. Once we take it out, there’s little if any overhead resistance until 5.25% and then 6%. The 10-Year U.S Treasury is the single most …
It’s probably going to get worse for a while before it gets better. I don't think we are being told the truth about true economic data like inflation or jobs numbers 🚨🚨🚨 pic.twitter.com/L6xrm2sBpp — Wall Street Mav (@WallStreetMav) October 20, 2023 Stock market valuations stand at one of the three …
By Graham Summers, MBA The great debt crisis of out lifetimes is approaching. The U.S. has now reached the point at which it is adding debt at an exponential rate. It took the U.S. 232 years to rack up its first $10 trillion in debt. Thanks to the Fed’s egregious monetary …
Section on how the global banking crisis will unfold once the derivatives market blows up, bringing in the new era of The Great Reset & CBDC 👇 https://t.co/Xsb9xXFLQH pic.twitter.com/2a9lnpmoDq — Financelot (@FinanceLancelot) October 4, 2023 Nigel Farage comments on the recent call by unelected head of the European Union, Ursula …
by Michael Artificial intelligence is changing our world at a pace that is absolutely breathtaking. If you would have asked me a decade ago if I would live to see artificial intelligence create a world class piece of art or a full-length feature film, I would have said no way. …
Authored by Charles Hugh Smith via OfTwoMinds blog, Something has been going very wrong in the US economy for a very long time, and whatever is going wrong accelerated from 2009 to the present. Longtime readers know I’ve covered America’s soaring wealth and income inequality for many years, and so …
by truemore45 https://finance.yahoo.com/news/unconscionable-baby-boomers-becoming-homeless-103000310.html So I personally have dealt with this with a family member, they were silent generation and this was before COVID. I had a family member who got screwed over in a divorce in her late 60s, she was a stay-at-home mom, and worked some but only a …
by Chris Black From 2001 to 2023 (https://statbel.fgov.be/en/themes/population/structure-population/origin) the Belgian population of Belgium has decreased from 81.8% to 65.5%. A decline of som… Continue reading by subscribing.
by Pristine_Humor5895 Considering the scale, I don’t see how this wouldn’t impact the global economy. Are we looking at a GFC 2.0? Huge realtor files for bankruptcy with $335billion in unpaid bills after defaulting on debts BANKRUPTCY has been declared by a huge property developer run out of Eastern …
I don’t know how much more we can take. It seems our leaders are all taking us the same place, taking advantage of us financially and only have their own interests in mind. Sounds like a long train of abuses. pic.twitter.com/PI1lqR8V5X — Silence Dobetter “Miss S” (@utahmom333) September 11, 2023 …
by Chris Black Trump signed off on the two weeks to slow the spread, believing that this was key to allowing the hospitals and the country to prepare. Most Americans agreed. He then went on T… Continue reading by subscribing.
People make less money, and prices are rising everywhere. Housing prices are going crazy. 😢 Are we in a quiet recession already? So many people earn less and everything costs more. Inflation has eroded earnings dramatically in real terms. Meanwhile, food, housing an all of the basics in life are …
“Inevitably they’re going to lose”It's up to YOU and me. DO NOT COMPLY!!! pic.twitter.com/qmrycr2Jmf — Antonio Sabato Jr (@AntonioSabatoJr) August 19, 2023 Javier Milei, a libertarian, is the current favorite to win the presidential election in Argentina. I can see why. pic.twitter.com/M7qBiP50gr — Count Dankula (@CountDankulaTV) August 17, 2023 https://twitter.com/_/status/1688732463122558976 …
