As House Democrats continue trying to muster enough votes to pass President Joe Biden’s “Build Back Better” agenda, Rep. Warren Davidson (R-Ohio), a member of the House Financial Services Committee, said that the massive social spending bill—along with other Democrat-led policies—represent a “potentially fatal overdose of government” that … > weiter lesen
The ideal setup for a crash is a consensus that a crash is impossible–in other words, just like the present: sure, there are carefully measured murmurings about a “correction” but nobody with anything to lose in the way of public credibility is calling for an honest-to-goodness crash, a real crash, … > weiter lesen
Reading the news has become like going to a freak show. You never know what you are going to see each day, but it is almost certainly going to be nutty. Some of the things that I am going to share with you in this article are weird, others are … > weiter lesen
In what is likely going to be cited as Central Banks’ most recent proof that there’s nary a sign of a bubble to be seen anywhere, a Polish influencer just sold her “digital love” as an NFT for $250,000.
26 year old Marta Rentel sold the non-fungible token on July … > weiter lesen
The first bout of inflation always looks temporary. But during those first bouts of inflation, that’s when the triggers of persistent inflation, namely the inflationary mindset and inflation expectations are being unleashed.” mehr hier
A Black Lives Matter chapter founder in Minnesota has resigned, claiming that the organization isn’t concerned about helping black communities or helping improve the education quality in Minneapolis, according to a video published last week.
Rashard Turner, the founder of a Black Lives Matter chapter in neighboring St. Paul, said … > weiter lesen
The majority of the electorate have voted for generous gifts from the public treasury. They want free education, free food, free phones, free transportation, and free drugs. They want debt forgiveness. Most of all, they want free money. weiterlesen hier
The French believe they invented vaccination and are rather miffed some upstart UK pharmaceutical company, AstraZeneca, and a University no one has ever heard of called Oxford, has developed a world beating vaccine in nearly record time. And after the Brits Brexited Europe, how very dare they expect to sell … > weiter lesen
Central banks have artificially depressed sovereign bond yields for years. Now, a small rise in yields can cause a massive market slump that evolves into a financial crisis. weiter hier
We’re told we’re on the road to economic recovery. The $1.9 trillion stimulus is all we need to get us over the hump. But the truth is, Americans started spending like they were over the hump months ago. In fact, American consumers high on stimulus have been on a spending … > weiter lesen
Since the world’s first CCTV camera was installed in Germany in 1942, the number of surveillance cameras around the world has grown immensely. In fact, as Visual Capitalist’s Avery Koop notes, it only took us 79 years to go from one camera to nearly one billion of these devices. Interaktiver … > weiter lesen