WSJ: It Just Had an Energy Crisis, Now Europe Faces a Food Shock Food prices continue to rise at a rapid pace, surprising central banks and pressuring debt-laden governments LONDON—Fresh out of an energy crisis, Europeans are facing a food-price …
Bitcoin has moved above $30,000 for the first time since June, as investors grow more optimistic about US Federal Reserve monetary policy ahead of key inflation data later in the week. The top crypto by market capitalization peaked at $30,438 …
As the banking crisis spreads and global demand for dollars surges, central banks are rapidly reducing their holdings of U.S. debt to “cash out” and the use of the Federal Reserve’s overseas liquidity tools has surged. Federal Reserve data …
via Zerohedge: The cascade of defaulted regional US banks is blowing out the circulating inventory of distressed debt which expanded by about $65.9 billion last week as US insolvency courts saw six new, large bankruptcy filings, according to data compiled by Bloomberg. …
Soon after Russia invaded Ukraine in February 2022 and NATO countries imposed strict sanctions, experts in the West agreed that the Russian economy would quickly be crippled, forcing Putin to pull back his troops and beg forgiveness. But that never …
by Martin Armstrong All of this anti-Russian warmongering that the West needs desperately to create a war to hide the total collapse of our Marxist-based Socialist Economy where politicians only know how to run by promising free programs for …
via Martin Armstrong: I reported in September that the Heritage Foundation estimated that the average American lost $4,200 since Biden became president. Within only a month, their analysis for October revealed that the average family had lost an average of $7,400. Around $6,100 of …
by confoundedinterest17 Here is the US midterm election in one chart. According to Real Clear Politics, the generic Republican polling data FAVORABLE (red line) is at 47.9% while Democrat polling data favorable polling data (yellow line) is at 45.4%, advantage Republicans. …
by confoundedinterest17 How bad is inflation under Biden? Consumer credit outstanding soared by 8.1% YoY in August as the inflation rate soared to 8.2%. Meanwhile, the personal savings rate YoY cratered to -59.3%. Of course, Biden is his tone-deaf manner …
This is fine pic.twitter.com/ts9IVduAgP — zerohedge (@zerohedge) October 26, 2022 Silver stackers we talk to on a regular basis seem to be getting tired of hearing about the market tightness without any movement in the bank spot price. However, obviously …
Congressman Alex Mooney (R-WV) has introduced the Gold Standard Restoration Act to restore the purchasing power of the U.S. dollar and protect the currency from rising inflation. “The gold standard would protect against Washington’s irresponsible spending habits and the creation …
by confoundedinterest17 Wipe Out 2! In addition to global equities taking a massive hit, cryptocurrencies Bitcoin and Ethereum have fallen -72% since November 2021 as The Fed (aka, The Sugar Shack) tightens interest rates. Torquay!
“Argentina’s inflation rate has risen to more than 70% amid a severe economic and financial crisis. Consumer prices climbed 71% in July year-on-year, the country’s statistical office Indec said on Thursday. In July alone, prices increased by 7.4% compared to …
by Shaun Richards Some days the news really rather drives itself and this morning we have a new peak for UK inflation, or at least the version targeted by the Bank of England. The Consumer Prices Index (CPI) rose by …
🇺🇸 #Housing | Home Inventory Soars at Record Rate With US Buyers Pulling Back – Bloomberg*Link: https://t.co/jpr5LnpneT pic.twitter.com/Q0LKiapReR — Christophe Barraud🛢🐳 (@C_Barraud) August 10, 2022
by Boo_Randy Globalist propaganda outlets are trying to deceive the sheeple by calling soaring inflation a “cost of living crisis” and suggesting the solution would be to swap out one set of globalist political stooges for another. They will NEVER …
Food CPI soars… The numbers ain't pretty!@Mayhem4Markets pic.twitter.com/JS0EFuEeXC — Ayesha Tariq, CFA (@AyeshaTariq) July 13, 2022 US inflation hits 9.1% in June putting further pressure on the Fed https://t.co/jnS7EfCJT3 — Financial Times (@FT) July 13, 2022 US inflation accelerated in …
One morning in early June, a fire broke out at an obscure facility in Texas that takes natural gas from US shale basins, chills it into a liquid and ships it overseas. It was extinguished in 40 minutes or so. …
(Daily Mail) Los Angeles records 22 monkeypox cases after Pride events as health officials say outbreak is running rampant among gay community. ‘Anyone can get and spread monkeypox, but some of the recent cases identified have been among gay, bisexual, …
by Boo_Randy Thanks to our corrupt elites & criminal central bankers, soon we will all be Zimbabwe. https://dnyuz.com/2022/06/10/zimbabweans-count-their-toes-as-inflation-soars-above-130/ HARARE, Zimbabwe — Battling rampant inflation, Zimbabweans are counting their toes as they struggle to buy food for their families. An internet …
by confoundedinterest17 Instead of President Ronald Reagan saying ““Mr. Gorbachev, tear down this wall” we need someone to tell President Biden and Federal Reserve Jerome Powell to “Stop driving up prices and making housing unaffordable.” Unfortunately, The Fed thinks that raising …
by confoundedinterest17 Run for cover! Markets opened after a long (and expensive) Memorial Day weekend, with the 10-year Treasury yield up 8.1 basis points (to Meanwhile, banks continue to park funds at The Federal Reserve in the form of reverse repos …
by Boo_Randy How’s that “Build Back Better” working out for ya, CA libtards? https://www.dailymail.co.uk/news/article-10822801/National-average-gas-soars-4-48-gallon-hit-5-98-states-costs-soar-40-cents-month.html Gas prices have rocketed to another record high as the national average hit $4.48 a gallon today. Prices have surged by 15 cents over the last week, …
Japan’s debt soars to historic high The country’s national debt has reached 266% of its GDP Japan’s national debt has hit a new record high, reaching 1,241 trillion yen, or about $9.55 trillion, in the fiscal year 2021, which ended …
by confoundedinterest17 President Joe Biden should do an ad for his energy policies ala Game of Thrones, “Bundle up! Winter is Coming!” Since Biden was installed as President in January 2021, natural gas futures prices are UP 216% and heating oil …
by confoundedinterest17 The US inflation numbers were released this morning and they are grim. Inflation YoY grew to 8.5%. With 8.5% YoY inflation, REAL average hourly earnings growth fell to -3% YoY. And with The Fed intent on extinguishing their …
From Zero Hedge: While it is traditionally viewed as a B-grade indicator, the February consumer credit report from the Federal Reserve was an absolute stunner and confirmed what we have been saying for month: any excess savings accumulated by the …
by confoundedinterest17 The flexible cut of the CPI—a weighted basket of items that change price relatively frequently—increased 19.76 percent (annualized) in February. If we added the U-3 unemployment rate, we get a MISERY Index under Biden of 23.56%, the highest in …
by confoundedinterest17 As expected, US inflation soared to 7.9% YoY in February as gasoline prices continue climbing. US rent inflation (owner’s equivalent rent of residence YoY) surged to 4.30%. However, Zillow’s rent index last month was 15.93% YoY. But if we look …
Photo by Bill Jelen From Birch Gold Group In what is perhaps the most disturbing economic development of the 21st century (so far at least), the official U.S. debt soared to just over $30 trillion as of February 1st, 2022. (At this moment, the number sits …