Michael Burry has trumpeted gold as a likely winner from the crypto meltdown, and hinted he’s betting on stocks to tumble. Golden opportunity “Long thought that the time for gold would be when crypto scandals merge into contagion,” Burry said …
“”I feel happy to have crossed the line of that idea so we can speak openly about things, like getting cancelled by a bank.” West added that he was “the richest black man in American history, that put $140 million …
by SusanCollinsHere What that whole fiasco is intended to do, is socially engineer society to not tolerate jokes. Why? To crack down on free speech. Jokes have been tolerated for centuries as a form of free speech. It’s through jokes …
Donald Trump has again slammed President Joe Biden over the withdrawal from Afghanistan, denouncing him for pulling troops out before US citizens and military hardware were safely removed. ‘I don’t think our country has ever seen a period like this, …
California’s unemployment fiasco takes new turn: Bank of America wants out Just how dysfunctional is California’s unemployment department? Apparently, it’s so dysfunctional Bank of America, which since 2010 has had an exclusive contract with the state to deliver unemployment benefits through …
via Matt Taibbi On February 15, 2016, the National Review took unprecedented action. In an all-out plea to Republican voters to stop Donald Trump before it was too late, the magazine enlisted 22 of the right’s most prominent voices to band together and throw support …
Who will bail out the governments when they begin to fail? Global debt has expanded beyond belief as central banks expand their balance sheets to make up for lack of investment. This is a system built around debt. But more …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Serious auto-loan delinquencies are now on par with Q2 2009 when millions of people had lost their jobs and when the economy was in free-fall. But today unemployment is low and the economy appears to be …
by Ron Paul of Ron Paul Institute Last week President Trump announced that the United States would no longer recognize Nicholas Maduro as president of Venezuela and would recognize the head of its national assembly, Jose Guaido, as president instead. US thus openly …
Countless people are on the brink of bankruptcy. Most don’t even realize it. Bills are getting paid. Credit cards still have some balance remaining. Everything is just fine, right? Not quite, it seems. One small change and their world is …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What SpaceX is trying to do has “bankrupted other organizations,” it said. SpaceX, the unicorn startup with a newly minted $30.5 billion “valuation” and dreams of sending humans to Mars shortly, will lay off about 10% …
by SP The best way to rob a bank is to own one. Stabu’s description sounds like William Black tells of the S&L crisis. 1. Make loans to people who have poor credit scores. Advertise this as “promoting diversity” and …
After much lobbying, guidelines for banks become “non-binding expectations,” says the ECB. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Banks in Europe have won yet another key regulatory battle, and once again largely at the expense of Eurozone …
Do you see CASH ADVANCE/PAYDAY LOAN companies websites, advertisements, and retail stores? Has there been an increase in the past 10 years? The average household has accumulated excessive amounts of debt. Their credit cards are maxed out. Their line …
Throughout history we have seen different stocks, different asset classes, and different regions of the world experience a bubble. Hot money flows inward and expands the bubble further and further until one day, a loud popping sound is heard, followed …
by Geoffrey Grider Ryan was caught on an audio file from October—obtained by Breitbart News and published a couple weeks ago—saying he is “not going to defend Donald Trump—not now, not in the future.” While the audio file does not …
