Independent thinking for complex markets and current events
PODESTA: "We're experiencing an acceleration of extreme weather. This is a combination of both climate change and a strong El Nino… But the science is clear. I think the public understands it." The science is clear?? pic.twitter.com/I4gz3ZfTGm — Daily Caller (@DailyCaller) August 16, 2023 Tony Podesta John Podesta's brother | Here is a quick crash …
The 2008 market crash began September 2nd with the complete collapse starting 30 days later on October 2nd. Seems we're on the verge of history repeating. https://t.co/yEVszRR80W pic.twitter.com/nmIV9Gllkz — Financelot (@FinanceLancelot) August 15, 2023 The FANG+ index almost perfectly re-tested its prior highs from late 2021, and recently formed what appears to be a double …
BIDEN: "We're preparing the military by trying to deal with the climate stuff" pic.twitter.com/EiSMYM7kQF — Benny Johnson (@bennyjohnson) August 9, 2023
I’m a lot happier paying for an empty federal office building than I am paying for one filled with anonymous apparatchiks wrecking the country. We need many more empty federal office buildings. via based-politics: The pandemic changed how people work, with remote work becoming wildly more prominent. And the federal government was no exception. But …
OK, now that this chart has triggered Recession Deniers who wouldn't know The Cycle if it punched them in the face… here's the entire historical time-series, including, the IP Recession we entered in June How much lower from here? A: No one knows. But it's not stopping today pic.twitter.com/gcvashiaPt — Keith McCullough (@KeithMcCullough) July 26, …
And make no mistake: we're in the depths of a violent freight recession… turning Yellow back on to a sustainable level is the equivalent of trying to restart a modern day nuclear reactor using cold fusion. https://t.co/dcW1k7RFXQ — Steve from 🌎 (@SteveT313) July 24, 2023 Even if the Teamsters and Yellow come to an agreement, …
Guest Post by James Rickards via dailyreckoning.com I’ve been studying monetary economics for about 50 years. All of my research has led me to one conclusion — we’re going to see the collapse of the international monetary system. When I say that, I specifically mean a collapse in confidence in paper currencies around the world. …
Like a modern mafia they are taking names of dissenters. Can not be allowed to criticise or have different opinions in congress. h/t stanleyThe
Got'm 🤣 But it's okay now because we're using them for the "right" reasons 😉 https://t.co/5zp5Vz1FV1 — Financelot (@FinanceLancelot) July 18, 2023
via YAHOO: Joe Biden’s race to embrace electric vehicles risks overwhelming US charging infrastructure and creating disastrous supply shortages, two of the world’s biggest carmakers have said. Toyota and Vauxhall owner Stellantis accused the President of being “overly optimistic” in his push for a rule that would require two thirds of new vehicle sales …
The UK Defence Secretary has told President Zelenskyy to display more “gratitude” if he wants Western countries to continue sending weapons to Ukraine Ben Wallace has also hit out at Ukraine’s weapons “wishlist” as he urged the country’s leader to show more appreciation for Western military aid after Volodymyr Zelenskiy’s complaints on Tuesday that his …
…and now the total deindustrialization of America is nearly complete. We manufacture nothing. Not even cars. AC
by Chris Black Imagine being a French taxpayer right now… Immigrants in Nice chanting ‘Fuck France!’ and ‘We’re just here for the welfare! For the red passport!’ #FranceRiots #FranceHasFallen #FranceOnFire pic.twitter.com/v5Kf9IaeRc — Paul Golding (@PaulGolding) July 5, 2023
https://www.youtube.com/watch?v=CN8tsJXdR14 h/t Dan
by Simian_Stacker Bingo – #BidensAmerica version Just 36% Agree With Biden That the Economy Is ‘Strong’
Today is worse, today you need like four min wage hours to cover door dash fees to get the Bic Mac delivered to you pic.twitter.com/P1lcJmWfkX — Travis H ✞ (@hallectj) June 17, 2023
by TheReignOfChaos Raise interest rates so the ‘sensible’ investment decision is to hold cash; why would they invest in assets and risk a market crash when cash is returning 5, 6, 7%? Meanwhile, buy assets as the currency inflates. Finally destroy the currency, leaving everyone holding money destitute. Force everyone to use a CBDC as …
Interest costs are a quarter of the deficit, leading to unsustainable debt. Latest US Treasury data show we're on unsustainable path: interest on the debt was a whopping $61 billion in May, more than was spent on veterans benefits and services, education, and transportation COMBINED; interest costs were a quarter of the deficit last month: …
RAY DALIO SAYS WE'RE AT BEGINNING OF LATE BIG-CYCLE DEBT CRISIS – on this we agree. And as usual, few know what, how or why. Which makes for amazing trades. pic.twitter.com/fJ6AL4SVwn — Michael Taylor (@Mike_Taylor1972) June 7, 2023 https://t.co/J8joLEILkG — Win Smart, CFA (@WinfieldSmart) June 8, 2023 “This bill unfortunately gives Biden a blank check” …
“My mission over the next 18 months of this campaign, and throughout my Presidency, will be to end the corrupt merger of state and corporate power that is threatening now to impose a new kind of corporate feudalism on our country…to poison our children and our people with chemicals and pharmaceutical drugs, to strip mine …
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 …
SVB works with literally like half of all US VC-backed startups, and is similarly popular for their banking services in the UK and wider Europe. If they find they’ve lost any significant portion of their funding then we’re going to see a large wave of western start-ups wiped/ significantly hobbled by SVB collapsing. $42B WITHDRAWN …
