Armstrong: The Second Great Depression?

By Martin Armstrong The coming economic collapse will not resemble the Great Depression. Yes, we are in a recession – but it will not be reminiscent of the Great Depression that began in 1929. For you see, the landscape is entirely different now. America was transitioning from an economy based on agriculture …

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Sirens again…. The second time today. Bavaria, Germany

Germany, Bavaria EBS just now. pic.twitter.com/XV1rfGZfLz — Jack Straw (@JackStr42679640) July 20, 2024 Fook…sirens again. The second time today. Bavaria, Germany pic.twitter.com/XwQffn38Mg — Jack Straw (@JackStr42679640) July 20, 2024 🚨🇩🇪 Meanwhile in Bavaria, Germany Sirens ring out across the Countryside for the second time today. It’s claimed these sirens are …

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NBC Has Now Interrupted Two Prayers At The RNC, And The Second Time Didn’t Go Well

NBC News correspondents at the Republican National Convention (RNC) have already interrupted two prayers, with the most recent incident leading to delegates telling the outlet’s reporter to “shut up,” according to Daily Caller White House News Correspondent Reagan Reese. As the RNC kicked off Monday in Milwaukee, Wisconsin, NBC’s Vaughn …

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Greedy second home owners in famously-ritzy beach enclave face harsh reality check as Covid boom for $1,200-a-night holiday rentals slump

Wealthy second homeowners in Cape Cod are complaining after their high-priced rentals suddenly aren’t being booked following a pandemic boom. Modest homes along the shoreline are on offer for upward of $1,500-per-night, however some rental owners are admitting they will have to slash their prices this summer season due to …

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UK to lose 9,500 millionaires, second only to China’s 15,200 exodus.

According to the Henley Private Wealth Migration Report 2024, the UK is expected to experience an unprecedented net loss of 9,500 millionaires in 2024. This places the UK as the second-largest loser of millionaires globally, trailing only behind China. Notably, this figure is more than double the 4,200 millionaires who left the country last year, which …

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Former FBI Director James Comey is worried that Donald Trump is “coming for” the Justice Department and FBI in his second term…

Former FBI Director James Comey is worried that Donald Trump is “coming for” the Justice Department and FBI in his second term and says “I don’t care how you feel about Joe Biden, you must vote for him” pic.twitter.com/yl0G3CstJ2 — ALX 🇺🇸 (@alx) May 22, 2024 What's going on with …

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Nearly 50% of small businesses won’t survive a second Biden term, with 40% delaying bill payments and 70% postponing staffing plans.

via naturalnews A new RedBalloon and PublicSquare report reveals that nearly half of small businesses in the United States believe they “definitely” or “probably” don’t stand a chance to survive another four years of Joe Biden presidency. The survey, which polled 80,000 small businesses, found that 22.4 percent of respondents think they definitely don’t stand a chance to …

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There is $17 trillion of home equity sitting with U.S. homes, and Freddie Mac wants to offer second mortgages to tap into it. Here’s what you should know:

by TonyLiberty There is $17 trillion of home equity sitting with U.S. homes, and Freddie Mac wants to offer second mortgages to tap into it. Tapping into home equity was a massive part of what fueled the banking crisis in 2008. Here’s what you should know: Homeowners would be able …

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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 …

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My Kuroda! Japan Conducted Its Second Currency Intervention This Week (The Peril Of Bad Fiscal And Monetary Policies)

by confoundedinterest17 In the time (dis)honored tradition of Haruhiko Kuroda, the former governor of the Bank of Japan, Japan likely conducted its second currency intervention this week, current account figures from the central bank suggest, in another sign of the government’s intensified battle to prop up the yen. Tokyo’s latest entry into …

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The Second Wave of Inflation Has Arrived

by Graham Summers I warned time and again that the Fed was making a massive policy mistake that would unleash another round of inflation. By quick way of review, the Fed stopped raising interest rates in July 2023. It then started talking about cutting interest rates in November. This was …

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Are You Ready For the Second Wave of Inflation?

by Graham Summers, Phoenix Capital Research, MBA Our latest theme is that the U.S. Central Bank, called the Federal Reserve, or the Fed for short, is NOT politically independent, but is in fact a highly partisan organization that leans left. The above items are not some conspiracy theory. The Fed’s …

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