Independent thinking for complex markets and current events
🇺🇸 US Real Gross Domestic Income -0.1% YoY. In #recession territory with a perfect track record! H/t: @GameofTrades_ pic.twitter.com/WUyY6GN0vR — Alex Joosten (@joosteninvestor) February 23, 2024 My point exactly. Since 2000, US real GDP increased +60% with industrial output flat. All growth from services — healthcare, rent, education etc — which more than doubled. Has …
Sky Net is brought to light and discussed starting at 19:40 (the rest of the video is also worth a watch and is equally as scary but incredibly long): h/t seasnake
Strip at sunrise on February 11, 2024, amid the ongoing conflict between Israel and Hamas. (SAID KHATIB/AFP) Negotiators working on a framework for a deal to secure the release of hostages held by Hamas in Gaza have made “real progress” over the last few weeks, a senior Biden administration official said Sunday night. The hostage …
by Chris Black Once again proving, for the gorillionth time, that a certain minority ethnic group with a persecution complex lacks any self awareness. They obviously aren’t Christians and don’t celebrate Christmas so I assume the holiday they are referring to is some Saturnalia festival where they sacrifice babies to Moloch.
LET'S GO!!!😂🥳🥳🥳 pic.twitter.com/TzO7QGI61C — il Donaldo Trumpo (@PapiTrumpo) December 10, 2023
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 it. >And if I did, you deserved it. It’s official – the Great Replacement Theory is not …
by Chris Black The post Covid boom is over for discretionary items. When people were locked at home, and flush with stimulus cash, they all bought new furniture and redid their homes. Furniture has insane markup. A table that costs $20 to make sells for $200 retail. Retailers believe they are entitled to the obscene …
NEW: The Biden campaign has joined TRUTH Social & is following Donald Trump pic.twitter.com/1eTI110sFl — Breaking911 (@Breaking911) October 16, 2023
by confoundedinterest17 Paul Krugman, Nobel Laureate in economics and media celebrity, made a terrible claim yesterday when he pronounced that “The war on inflation is over. We won, at very little cost.” Krugman’s proclamation was trumpeted by The View’s Joy Behar Joy who claimed that everything is going great in the country! The economy is …
by Chris Black If your wartime apparatus is dependent on a consumer grade internet connection, maybe you shouldn’t be fighting. Kind of like using a $20 game controller to operate a submarine. There was an emergency request from government authorities to activate Starlink all the way to Sevastopol. The obvious intent being to sink most …
View post on imgur.com View post on imgur.com h/t JF Priest
by confoundedinterest17 The themesong of Bidenomics is Randy Newman’s “Mr. President,” Have pity on the working man instead of paying off green energy BIG donors. The massive green enegy spending spree by Biden and Congress (disguised as Inflation Reduction Act) is the keystone of Bidenomics. Or loadstone. Since Biden became President, hourly pay has risen 12%! Unfortunately, …
by confoundedinterest17 This is very strange. Global Treasury Yields just rose to a 15-year high (2008). This is primarily due to Central Bank moneta And REAL 10-year Treasury yields also the highest since 2009. At the same time, US industrial production is at the same level as pre-financial crisis (2007). Despite Federal Reserve monetary stimulypto …
by Chris Black This goes without saying: it is not controversial at all that you would not allow fake people onto planes. https://twitter.com/i/status/1676275730857041922 New York Post: A woman aboard an American Airlines flight caused quite the scene when she was caught on camera freaking out and heading for the exit over an apparent passenger she said was …
by confoundedinterest17 Welcome to why I am always dubious about Federally-reported economic numbers, like GDP. GDP was adjusted up to 2% QoQ for Q1. But what was the reason for the dramatic revision? Net trade was the biggest change: exports were revised from 0.58% to 0.86%, while imports subtracted only -0.28% from the bottom line …
https://twitter.com/CitizenFreePres/status/1669862149466857472
by Chris Black At this point, comparing things to the fall of Rome is becoming passé. Facing Shortages, US Military Recruiters Trade Citizenship for Service https://t.co/TQI6nKEkXj — Michelle Maxwell ™ (@MichelleMaxwell) June 12, 2023
by Chris Black In the brave new world ruled by Blackrock, Vanguard et al. you will own nothing. Even your clothes will be rentals. Slavery 2.0. How to Rent Your Summer Wardrobe https://t.co/cOTmvD8Zv5 — Nevo Financial (@nevofinancial) June 4, 2023 Moreover: At least we’re not speaking German, right? This is slavery by choice and consent. …
by 2201992 When Trump walked slowly down a ramp it was trending on Reddit for a week. Old Man Biden falls and zero mention on mainstream Reddit.
Guest Post by Michael Maharrey at SchiffGold.com: Could the commercial real estate market be the next thing to break in this bubble economy? The rampant money creation and zero percent interest rates during the COVID pandemic on top of three rounds of quantitative easing and more than a decade of artificially low interest rates in the wake …
by recklessSPY The Fed was on track to keep raising rates to stop inflation. Unemployment still hot and retail still spending. No reason to abate – maintain rates. Some banks f’d up and didn’t hedge their interest rate risk. Runs on regional banks showed how fragile the system is. Fed comes in to plug what …
