China’s Great Resource Grab – Will It Affect Americans?

With China and other foreign nations buying up farmland in the U.S., Brandon Smith of Alt-Market.us discusses the harmful ramification for Americans, and the future of our economy. By Brandon Smith In the past three years China has accelerated export agreements and industrial operations in Africa, becoming the continent’s largest bilateral …

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“High inflation Is Not The Only Risk” – Fed Chair Powell

Federal Reserve chair Jerome Powell told lawmakers on Tuesday that a weakening labor market is just as much a risk to the economy as high inflation. Why it matters: In recent months, Fed officials have said they want to see more economic data that confirms inflation is receding before lowering interest rates. But Powell acknowledges …

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HEADS UP – Lumber Is Proof Of A Crashing Economy…

Long Term Unemployment = Jay Powell’s Unexpected Weakening = Recessions It was in his May FOMC presser that he said that an ‘unexpected weakening’ of the labour market could cause the Fed to change course. Two months on he’s got one. Long term unemployment, defined by being… pic.twitter.com/4TgxSrznMP — PPG …

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Peter Atwater: ‘The greatest risk to AI investing is a drop in the crowd’s want for futuristic abstraction. When the tide turns, there is a sudden rush for tangibility today.’

The greatest risk to AI investing is a drop in the crowd's want for futuristic abstraction. When the tide turns, there is a sudden rush for tangibility today. — Peter Atwater (@Peter_Atwater) July 9, 2024 Goldman Sachs/MIT confirmed that AI is totally fraudulent: https://t.co/T0IrcGy4Fv"Tech giants and beyond are set to …

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Housing inventory up 40% yoy. Signals in construction activity are mirroring the period leading up to the 2008 crash.

Altos reports that active single-family inventory was up 1.1% week-over-week. Inventory is now up 32.1% from the February seasonal bottom, and at the highest level since July 2020. This inventory graph is courtesy of Altos Research. As of July 5th, inventory was at 653 thousand (7-day average), compared to 646 thousand the prior …

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Footage of the missile that hit the children’s hospital in Kiev – Not a cruise missile.

🇷🇺🇺🇦‼️🚨 BREAKING: Footage of the missile that hit the children’s hospital in Kiev! Correct me if I’m wrong, but it’s not a cruise missile. It has no wings, hence it’s an air defense missile? pic.twitter.com/xZgGCfFDth — Lord Bebo (@MyLordBebo) July 8, 2024 🚨🇺🇸🇺🇦 An American Patriot air defense missile, fired …

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Americans Are Poorer – The US Misery Index Rises Again

Authored by Daniel Lacalle, I frequently receive comments about the strength of the United States economy and the unfairness of perceiving things as less than stellar. Is it really the “strongest economy ever”? It’s evident that it’s far from being the “strongest economy ever.” The United States unemployment rate has risen to …

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There is at least one intelligent politician in Germany

https://s.yimg.com/ny/api/res/1.2/5KoTXweYzOc8lmfOSTVPmw–/YXBwaWQ9aGlnaGxhbmRlcjt3PTE2MDA7aD0xMTI4O2NmPXdlYnA-/https://media.zenfs.com/en/dpa_international_526/6283df86a60e2f7725a95977ececa158 One of the leaders of the far-right Alternative for Germany (AfD) has come out in favour of a victory by Donald Trump in the US presidential elections in November, citing his opposition to the war in Ukraine. “I’m definitely keeping my fingers crossed for Donald Trump,” Alice Weidel told …

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Gaming layoffs already top 2023’s total — and It’s only July… Bay Area tech layoff totals jump to worst pace in more than a year

2024 has already exceeded last year’s gaming layoffs — and at twice the pace More developers are pessimistic on the market and see a lack of understanding from investors as the biggest culprit Live services are integral to bottom lines and have informed recent M&A deals, but they come with …

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Construction downturn bites hard: ‘It’s tough out there’

One Auckland-based housing block, which featured 108 modular units, was once promoted as the way of the future. Now, it is abandoned, with its’ builders in liquidation owing millions of dollars — yet another example of the downturn in construction. Builderscrack.co.nz co-founder Jeremy Wyn-Harris told 1News work is more “scarce” …

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The Bragg Hush Money Case against President Trump is DEAD. He is IMMUNE. – Lawyers send letter to Judge says NYT

View post on imgur.com Official Act. https://www.nytimes.com/2024/07/01/nyregion/trump-sentence-hush-money.html July 1, 2024 Updated 8:03 p.m. ET Donald J. Trump began an effort on Monday to throw out his recent criminal conviction in Manhattan and postpone his upcoming sentencing, citing a new Supreme Court ruling that granted him broad immunity from prosecution for …

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Walgreens will close up to 2,150 stores nationwide – which will likely result in a headcount reduction of around 57,000 employees

Wentworth also said in an interview with the Wall Street Journal that the company has not settled on a final number of locations to close. Walgreens operates roughly 8,700 stores in 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, according to its website. Wentworth also …

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