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“Economics Works In Mysterious Ways”: Is China’s Wealth Effect Being Substituted?
“Economics Works In Mysterious Ways”: Is China’s Wealth Effect Being Substituted? Is the wealth effect being substituted? Summary China’s real estate market suffered heavy losses early this year while stock market investors continue to face huge uncertainty. This will add to the deterioration of household balances and as such could influence private domestic (consumer) demand. […]
Houthis Warn Drone & Missile Attack Coverage Expanding To Mediterranean Sea
Houthis Warn Drone & Missile Attack Coverage Expanding To Mediterranean Sea Yahya Saree, spokesperson for the Iranian-backed Houthi terror group, declared in a televised speech to supporters at a Friday rally in Al-Sabeen Square, Sana, that they intend to target Israel-linked ships in the eastern Mediterranean. The risk of conflict spilling over from the Red Sea and […]
Matt Taibbi Uncensored: Finance Nothing More Than A ‘Street Scam’
Matt Taibbi Uncensored: Finance Nothing More Than A ‘Street Scam’ The opportunity to secure an exclusive interview with Matt Taibbi is something I thought I’d never get…but alas, here we are. Taibbi is the head of Racket News and his reputation as a fearless investigative journalist precedes him. From his groundbreaking coverage of the 2008 financial crisis […]
Russia To Seize $440 Million From JPMorgan
Russia To Seize $440 Million From JPMorgan Seizing assets? Two can play at that game… Just days after Washington voted to authorize the REPO Act – paving the way for the Biden administration confiscate billions in Russian sovereign assets which sit in US banks – it appears Moscow has a plan of its own (let’s call it the […]
Houthis Launch Attack On US Cargo & Navy Ships Following Two Weeks Of Quiet
Houthis Launch Attack On US Cargo & Navy Ships Following Two Weeks Of Quiet Yemen’s Iran-linked Houthis have announced new aggressive actions in the Gulf of Aden and Red Sea regions, saying late Wednesday that projectiles were launched against more US and Israeli-owned commercial vessels, and that a US warship was also targeted. This follows a […]
Bank Failures Begin Again: Philly’s Republic First Seized By FDIC
Bank Failures Begin Again: Philly’s Republic First Seized By FDIC Who could have seen that coming? (here, here, here, and most detailed here) Admittedly, we were a couple of weeks off, but trouble has been brewing in the banking sector and tonight – after the close – we get the first bank failure of the year.
UK Navy Reports Two Vessels Attacked In Red Sea, One Damaged
UK Navy Reports Two Vessels Attacked In Red Sea, One Damaged Yemen’s Iran-backed Houthi rebels may have launched attacks on two vessels transiting southwest of Mukha, a port city on the highly contested southern Red Sea. Bloomberg says the UK Navy has confirmed two attacks on vessels in a series of headlines hitting the Terminal around 1400 ET. UK […]
Ukrainian Drone Strikes Target Russian Oil Refineries Again Despite White House Pleas
Ukrainian Drone Strikes Target Russian Oil Refineries Again Despite White House Pleas Just days after the Biden administration signed a new military aid package worth billions of dollars to Ukraine, Kyiv launched a series of suicide drone attacks on Russian oil refineries. Biden’s top officials have pleaded with Kyiv to stop attacks on Russia’s energy infrastructure because of the fears that turmoil in […]
UK Defense Chief Says Ukraine To Increase Long-Range Strikes In Russia
UK Defense Chief Says Ukraine To Increase Long-Range Strikes In Russia Just as President Biden was signing into effect the newly approved foreign defense package which includes $60 billion for Ukraine, the United Kingdom also rolled out its own massive aid package (though paling in comparison), first unveiled Tuesday. Britain announced its single largest aid […]
Cashless Society: WEF Boasts That 98% Of Central Banks Are Adopting CBDCs
Cashless Society: WEF Boasts That 98% Of Central Banks Are Adopting CBDCs Whatever happened to the WEF? One minute they were everywhere in the media and now they have all but disappeared from public discourse. After the pandemic agenda was defeated and the plan to exploit public fear to create a perpetual medical autocracy was […]
Shipping Industry Pleads With UN For “Enhanced Military Presence” As Maritime Choke-Point Chaos Spreads
Shipping Industry Pleads With UN For “Enhanced Military Presence” As Maritime Choke-Point Chaos Spreads Exactly one week ago, Iranian commandos seized a container ship affiliated with Israel as it passed through the Strait of Hormuz. This action sparked new fears of another maritime chokepoint becoming disrupted as the crisis in the Middle East escalated. It also prompted […]
The Purpose Of War According To George Orwell (1984)
The Purpose Of War According To George Orwell (1984) Some food for thought from George Orwell’s ‘1984’… Does anything really ever change? (emphasis ours) The primary aim of modern warfare is to use up the products of the machine without raising the general standard of living. Ever since the end of the nineteenth century, the problem […]
Did UAE’s Cloud-Seeding Operation Flood Dubai?
Did UAE’s Cloud-Seeding Operation Flood Dubai? How it started with UAE’s cloud seeding operations: How it’s going: Not so well… All inbound flights to Dubai International Airport were diverted on Tuesday evening. “It’s certainly not just cloud seeding. The convective clouds that are associated with the sorts of stormy weather we’re facing form entirely naturally,” UAE news website What’s […]
Biden Tells Bibi: US Will Not Support A Counterattack Against Iran After Hundreds Of Drones, Missiles Sent
Biden Tells Bibi: US Will Not Support A Counterattack Against Iran After Hundreds Of Drones, Missiles Sent SATURDAY, APR 13, 2024 – 11:59 PM Update(Midnight ET): It is just after 7am Israel local time and Israel’s military is reporting the Iranian attack has stopped, several hours after Iran said its ‘limited’ operation has “concluded” – which […]
Middle East Crisis: Container Ship Hijacked Near Strait Of Hormuz Amid Soaring Iran Tensions
Middle East Crisis: Container Ship Hijacked Near Strait Of Hormuz Amid Soaring Iran Tensions While Israel on Friday braced for cruise missile and suicide drone attacks, there are new reports on Saturday morning that Iranian commandos hijacked an Israeli-affiliated container ship heading towards the Strait of Hormuz. AP News says the British military’s United Kingdom Maritime Trade […]
