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CNN Slammed Into A Brick Wall Named Joe Rogan Submitted by QTR’s Fringe Finance I started out 2022 by predicting that the mainstream media was in the midst of losing the fight of its life at the hands of popular podcaster and comedian Joe Rogan. No media outlet has proven me right this year quite like CNN…

The Decline And Fall Of The American Empire Authored by Doug Casey via International Man, As some of you know, I’m an aficionado of ancient history. I thought it might be worthwhile to discuss what happened to Rome and based on that, what’s likely to happen to the U.S. Spoiler alert: There are some similarities…

Blinken Warns China FM Against Support To Russia At UN Secretary of State Antony Blinken met his Chinese counterpart Foreign Minister Wang Yi on the sidelines of the United Nations General Assembly in New York on Friday – at a moment tensions over Taiwan are still on edge following Nancy Pelosi’s early August trip to the self-ruled island.…

Risk Of Global Recession In 2023 Rises Amid Simultaneous Rate Hikes Authored by Mike Shedlock via MishTalk.com, Central banks cut in unison in response to Covid. They are now hiking in unison. What can go wrong?… World Bank chart on tightening fiscal stance Super Thursday Actions The Wall Street Journal reports Interest-Rate Hikes Come Thick and…

Raytheon Wins Billion Dollar Contract To Develop Hypersonic Attack Cruise Missiles The Pentagon awarded Raytheon Technologies a $985 million contract to design, develop and produce a new hypersonic weapon for the US Air Force.  Raytheon won the contract to develop and demonstrate scramjet-powered hypersonic cruise missiles. It moves the Hypersonic Attack Cruise Missile, or HACM program,…

Ex-CIA Ray McGovern: Conditioned For War With Russia Authored by Ray McGovern via Consortium News, Thanks to Establishment media, the sorcerer apprentices advising President Joe Biden — I refer to Secretary of State Antony Blinken, National Security Advisor Jacob Sullivan and China specialist Kurt Campbell – will have no trouble rallying Americans for the widest war…

At UN, Biden Has The Audacity To Say Russia Can’t Take A Country’s Territory By Force Authored by Dave DeCamp via AntiWar.com, At the UN General Assembly in New York on Wednesday, President Biden focused most of his speech on Ukraine and accused Russia of violating the UN Charter by launching the war. “Russia has shamelessly violated…

Global Hawknado Hammers Stocks, Bonds, & The Dollar EU consumer confidence crashed to a record low overnight and a veritable avalanche of interventions, rate-hikes, and hawkish jawboning did nothing to provide any BTFD bids for stocks… or bonds. Source: Bloomberg Interestingly, on the day, the market shifted notably more hawkish in STIRs with Fed Terminal…

Where Have All The Ships Gone? Signs Of A Recession Authored by Bruce Wilds via Advancing Time blog, The images of the west coast ports packed with ships and pictures of them stacked up just offshore have vanished from the evening news. So, where have they gone, and does this mean the supply chain is…

Fed Rate-Hikes Will Add Trillions To National Debt Authored by Michael Maharrey via SchiffGold.com, Federal Reserve rate hikes will add trillions to the national debt, according to an analysis by the Committee for a Responsible Federal Budget. The Fed delivered another 75-basis point rate-hike during its September FOMC meeting this afternoon and made it clear…

“Powell Would Throw Millions Of Americans Out Of Work”: Liz Warren Slams Powell, As Dems Launch Scapegoat Campaign Exactly two months ago we predicted that with the economy in shambles as a result of two years of MMT idiocy, inflation soaring, unemployment about to explode, markets crashing, Biden clueless what year it is, and so…

“Maybe 4-5% Inflation Is The New Normal” – Wall Street Reacts To Powell’s Hawkish Surprise Perhaps they were spooked by the initial kneejerk reaction lower in stocks, despite what every self-respecting trader knows, namely to always fade the first post-FOMC reaction… Ha-ha, you fool! You fell victim to one of the classic blunders, the most…

Watch: Visualizing US Interest Rates Since 2020 In March 2020, the U.S. Federal Reserve cut already depressed interest rates to historic lows amid an unraveling COVID-19 pandemic. Fast-forward to 2022, and the central bank is grappling with a very different economic situation⁠ that includes high inflation, low unemployment, and increasing wage growth. Given these conditions, it…

New England’s Power Crisis Set To Return, Regulator Warns New England’s power grid could be several cold snaps away from the start of an energy crisis that reappears whenever temperatures dip because of the state’s heavy reliance on natural gas generation, delayed/blocked expansion/upgrades to energy infrastructure, and lack of grid diversification.  Bloomberg spoke with Allison Clements,…

Watch: Biden Proclaims “There’s A Through Line Of Hate” In American History Authored by Steve Watson via Summit News, During comments at the ironically titled “United We Stand” summit last week, Joe Biden declared that “hate” runs throughout American history, and once again singled out those who don’t agree with his politics as ‘violent extremists’. “There’s…

Bitcoin & Big-Tech Dump’n’Pump As Yield Curve Inversion Accelerates Ahead Of Fed The usual post-OpEx bid tried its best but the event risk around this week’s FOMC meeting likely removed some vol-selling pressure as traders derisked to some extent. Not much macro but homebuilder sentiment in the US tumbled for the 9th straight month –…

‘Perfect Storm’ Strikes But Governments Continue To Spend As If Nothing Has Changed Authored by Daniel Lacalle, For the first time in decades, central banks are tightening their monetary policy while governments continue to spend money as if nothing has changed. Large enterprises are not harmed by the most recent rate increases as long as credit…

Tesla Is Hiking Supercharger Prices “Significantly” Across Europe Prices are going up at the pump…err, we mean the Tesla Superchargers.  According to a new report from electrek, Tesla is increasing prices at its Supercharger stations “significantly” across Europe as the continent continues to deal with a sprawling energy crisis that shows no signs of slowing.  The…

Taibbi: The Justice Department Was Dangerous Before Trump. It’s Out Of Control Now Authored by Matt Taibbi via The Epoch Times (emphasis ours), On Monday, August 8, Justice Department officials spent nine hours raiding the Mar-a-Lago home of Donald Trump, carrying out 12 boxes of material. When criticism ensued, FBI spokespeople in wounded tones insisted…

Puerto Rico Suffers Islandwide Blackout, Internet Connectivity Crashes As Hurricane Nears Tropical Storm Fiona intensified into a Category 1 hurricane Sunday as it moved south of Puerto Rico, bringing heavy rains and high winds to some parts of the island. Incredible imagery of Hurricane Fiona and the lightning within. A storm that is absolutely slamming…

“This New Period Is Very Different, And Far Worse In Many Ways Than The 1970s” By Eric Peters, CIO of One River asset management “The question I get most is whether this is like the 1970s,” said Lindsay Politi, our inflation portfolio manager. We were discussing the phase of quantum change that has arrived and…

Court Rules Against Social Media Companies In Free Speech Censorship Fight Authored by Tom Ozimek via The Epoch Times, A federal appeals court in New Orleans has ruled in favor of a Texas law that seeks to rein in the power of social media companies like Facebook and Twitter to censor free speech. The decision by…