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Treasury Chief Janet Yellen Says U.S. Risks Default as Soon as June 1 Without Debt Ceiling Increase

Posted on May 2, 2023 by admin | 125 Comments

Spread the loveWASHINGTON—Treasury Secretary Janet Yellen said the U.S. government could become unable to pay all of its bills on time as soon as June 1 if Congress doesn’t first raise the…

North American Union (NAU II) Is Back Again

Posted on May 2, 2023 by admin | 132 Comments

Spread the loveCanadian National, Union Pacific, and Grupo México have created a new direct intermodal service between points in Mexico and Canada through Eagle Pass and Chicago. This service will provide…

Five Arab States Plus Iran Among 19 Nations Ready To Join BRICS

Posted on May 2, 2023 by admin | 132 Comments

Spread the loveSaudi Arabia, the UAE, Algeria, Egypt, Bahrain, and Iran have formally asked to join the BRICS group of nations as it prepares to hold its annual summit in…

The Most Splendid Housing Bubbles in America, April Update: Year-over-Year Price Drops Worsen in San Francisco, Seattle, San Diego, Portland, Las Vegas, Phoenix, Los Angeles, Denver

Posted on May 2, 2023 by admin | 117 Comments

Spread the loveEven Miami lost ground. Spring selling season is a dud so far. And the banking crisis hasn’t even made it into the data yet. That’s still to come.…

The Banking Collapse of 2023 Is Now Officially Bigger Than the Banking Collapse of 2008 Was

Posted on May 2, 2023 by admin | 134 Comments

Spread the loveCollectively, the three big banks that have collapsed in 2023 had more assets than all 25 banks that collapsed in 2008 did. Unfortunately, the banking collapse of 2023…

The Truth Central May 1, 2023: First Republic Fallout; Fed Ponders Rate Hikes; Stagflation Around the Bend

Posted on May 1, 2023 by admin | 107 Comments

.P. Morgan Chase won the bidding among a set of large financial institutions to take over the failed First Republic Bank. As banks continue to falter and some of the…

Russia Launches Another Aerial Assault as Fighting Intensifies

Posted on May 1, 2023 by admin | 479 Comments

Spread the loveKYIV, Ukraine — Russia launched a broad aerial assault at targets across Ukraine on Monday, the second wide-ranging attack in three days, as fighting appeared to intensify ahead…

Federal Reserve Likely to Raise Rates as Stagflation Risks Intensify

Posted on May 1, 2023 by admin | 105 Comments

Spread the loveSince the Federal Reserve first kicked off its inflation-fighting campaign 15 months ago, it has raised interest rates nine consecutive times and wound down its pandemic-era bond-buying program,…

Push for Electric Cars Positions China to Be World’s #1 Car Manufacturer

Posted on May 1, 2023 by admin | 129 Comments

Spread the loveThe Biden administration is trying to force Americans into electric cars that we don’t have the materials for, while Biden’s interior secretary Deb Haaland is blocking Americans from…

Banks that Put Up $30 Billion to “Rescue” First Republic May Have Been Trying to Rescue their Own Exposure to $247 Trillion in Derivatives

Posted on May 1, 2023 by admin | 109 Comments

Spread the loveEver since 11 banks on March 16 donned the garb of heroic fire fighters, rushing to extinguish an inferno at a competitor bank before it spread further, we…

First Republic Bank Is Seized, Sold to JPMorgan in Second-Largest U.S. Bank Failure

Posted on May 1, 2023 by admin | 134 Comments

Spread the loveRegulators seized First Republic Bank over the weekend, then arranged a sale to JP Morgan Chase, in the second-largest U.S. bank failure. Regulators seized First Republic Bank FRC -43.30%decrease; red down…

The Truth Central Apr 28, 2023: Why the Gradual Global Economic Decline Could Become a Crash

Posted on April 28, 2023 by admin | 132 Comments

The US and EU are overspending to comply with arbitrary Climate Change hysteria, the US dollar is continues to fall, banks continue to go down as US and other world…

German Climate Hysterics Use New Type Of Glue Requiring Jackhammer To Break Free

Posted on April 28, 2023 by admin | 117 Comments

Spread the loveClimate activists in Berlin have taken their idiocy to a new level – deploying a new type of glue which, when applied to a human hand and a roadway, requires…

The EU Just Made Emissions Even More Expensive

Posted on April 28, 2023 by admin | 114 Comments

Spread the loveThe European Union finalized the approval of a carbon tax reform that will see polluting industries face higher costs for continuing to generate emissions and incentivize the switch to wind…

The Gradual Economic Collapse Is About to Turn into a Sudden Crash – Understanding Logarithmic Decay

Posted on April 28, 2023 by admin | 113 Comments

Spread the love Logarithmic decay is like how Hemingway famously described going bankrupt in The Sun Also Rises– “Gradually, then suddenly.” In fact logarithmic decay is great way to describe social…

Federal Reserve to Launch in July “Fed Now” as First Step to a Central Bank Digital Currency (CBDC)

Posted on April 28, 2023 by admin | 134 Comments

Spread the loveA new Federal Reserve website announces the July 2023 launch of “Fed Now,” the first step in establishing a U.S. Central Bank Digital Currency. The “Federal” Reserve –…

The Truth Central Apr 27, 2023: The Biden Crime Family Story is Not Going Away: Poland, Italy Stand Up to the EU

Posted on April 27, 2023 by admin | 78 Comments

Unlike during the 2020 election season, the media has finally gotten around to reporting on the Hunter Biden laptop story -- after collectively denying its existence when it surfaced. What…

Manhattan Institute Report Roasts Folly of Wind, Solar, and Batteries Replacing Hydrocarbon Fuels

Posted on April 27, 2023 by admin | 108 Comments

Spread the loveGlobal economies are facing a potential energy shock—the third such shock of the past half century. Energy costs and security have returned to center stage, as has the…

Health Canada demands collectivism and an end to capitalism to fight climate change

Posted on April 27, 2023 by admin | 128 Comments

Spread the loveCanada’s Public Health Agency recommends neo-Marxist solution to climate change and global warming. “Ultimately, there are 3 core values in western society, and for that matter, in global…

RFK Jr. Red-Pilled on Climate Agenda? Not Entirely — Still Opposes Hydrocarbon Fuels

Posted on April 27, 2023 by admin | 109 Comments

Spread the loveRFK Jr.: “The climate issues and pollution issues are being exploited by the World Economic Forum and Bill Gates and all of these big Mega billionaires the same…