Independent thinking for complex markets and current events
President Trump: "The Senate needs to step up. The House is doing a lot of things. They have something on Mitch McConnell. There’s no way he’s doing this. They got something on Mitch McConnell." pic.twitter.com/OXjmuldOGy — Citizen Free Press (@CitizenFreePres) August 6, 2023 STACY MCCAIN: Everybody Keeps Indicting Trump, Without Regard for Consequences.
by EuphoricTrilby Too old to handle her own shit, but Diana Feinstein can still vote on and sponsor legislation? Who is really in charge? Did California elect her faceless staff and donors to represent them? And please, I’d like to hear any arguments against term limits in Congress.
by Simon Black Elizabeth Warren, the Senator from Massachusetts, is full of great ideas. Her image of the perfect world is one of nonstop government regulation. All business must be controlled… by her, of course. Only an ex-professor knows best how the 330+ million person American economy should function! Warren’s first brainchild was the Consumer …
by Chris Black She got elected on an anti-immigration policy, I.e. she claimed she was going to stop migrants. Vote harder next time. The Telegraph: Italy needs migration, Giorgia Meloni said as she sought to win support from African nations on a plan to curb human trafficking into Europe. The hard-Right prime minister, who came to power …
by Chris Black During the war, the Ukraine has lost almost half of its 40 million population (the figure is prior to Russia invading). Therefore, the obvious solution is to flood the place with immigrants. Kyiv Independent: Ukraine will have to attract additional 4.5 million employees to the labor market over the next 10 years …
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By Graham Summers, MBA As I keep emphasizing, the U.S. is becoming an emerging market. Two of the hallmarks of emerging markets are a weak domestic currency and higher inflation. While neither of these are good for those living in the nation, they do make the performance in the domestic stock market look fantastic. Case in point, …
https://twitter.com/_/status/1679014398990376962 It gets worse .. https://twitter.com/_/status/1679135459987845128 https://twitter.com/_/status/1678891187929858051 h/t A Deplorable Neanderthal
by Chris Black The European Union’s manufacturing base is now on track to become a declining and weak basket-case, just as Washington has always wanted. "The argument in favour of sanctions was to make ordinary Russians worse off, so that Putin would lose domestic support. This has not happened." Wolfgang Munchau @EuroBriefing at @UnHerd https://t.co/AUCXQFqF4b …
Fed’s Balance Sheet Drops $667 Billion from Peak to $8.3 Trillion, Below Aug 2021, as QT Continues and Bank Panic Support Unwinds.The Fed has now shed 20.5% of Treasury securities it had bought during pandemic QEhttps://t.co/mPCK2pkADD pic.twitter.com/zN0GQQuqAF — Wolf Richter (@wolfofwolfst) July 7, 2023 h/t Simian_Stacker
by Chris Black The article notes also that the government is now pushing to stop teaching German in schools. I’ve never even heard this idea put forward before. They do it in America with the Mexicans, but they don’t promote it publicly. These people just go out there and pretend like the ChatGPT thing isn’t …
He still doesn’t get it! Tone deaf Anheuser-Busch CEO won’t rule out Bud Light working with Dylan Mulvaney AGAIN – and then says firm needs to ‘appreciate’ what the consumer wants – despite debacle costing firm $20 BILLION and counting US CEO Brendan Whitworth refused to say if the company would work with Mulvaney again …
The New Development Bank is having trouble finding dollar funds to repay debts, the Wall Street Journal said. It was established by the BRICS bloc of nations to offer alternatives to dollar lending. But its own finances were deeply reliant on Wall Street, which backed away after the Ukraine war. A development bank established by …
Every parent needs to watch this. pic.twitter.com/6JjPWi20PS — Catch Up (@CatchUpFeed) June 13, 2023
The United States needs to have a greater leadership role in the International Monetary Fund (IMF) and other international financial institutions to support impoverished countries and limit China’s influence, says Treasury Secretary Janet Yellen. Yellen appeared before the House Financial Services Committee, defending a proposal to bolster the government’s participation in the IMF’s New Arrangements …
The push to end life, of both animals and humans, in the name of “climate activism” is fundamentally evil Ireland Looking To Kill 200,000 Cows To Fight Climate Change https://t.co/vo3D57QTlO — Ashley St. Clair (@stclairashley) June 3, 2023 This really needs to stop. Killing some cows doesn’t matter for climate change. — Elon Musk (@elonmusk) …
by Chris Black This is why you don’t trust “based” rich people. They will always put their business above everything else. That’s how they get rich. I think we should significantly increase legal immigration. If someone has a track record of working hard and hasn’t committed crimes, they should be welcomed. — Elon Musk (@elonmusk) …
Guest Post by Ryan McMaken, Editor of the Mises Wire at Mises.org: Last week, Fox News aired a segment discussing the possibility that the US dollar will cease to be the global reserve currency and what that would mean for Americans. The tone of the piece suggested that a “catastrophic” decline of the US dollar was not …