ECONOMY | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

ECONOMY

Nov 08 11:46

Grocer: ‘Out of 145 orders, only 41 were delivered’ – Thanksgiving shortages and prices spikes ‘should’ awaken Americans that trusted the MSM lies

With weather issues, supply chain breakdowns, pandemic unemployment worsened by overreaching vax mandates as first responders are put on unpaid leave, forcing firehouses to close, mass exodus of police, gas prices, food price spikes, all of which are contributing to shortages seen from grocery stores to retail shops, we are looking at a disastrous holiday season, which includes Thanksgiving and Christmas.

(Article by Susan Duclos republished from AllNewsPipeline.com)

Cities can burn for all these people care, as first responders are once again protecting Americans by standing up for all of our rights, which unfortunately has caused them to walk away until liberal leaders understand, the first responders are needed far more than those radical Democrats causing job losses and lack of services, all in an attempt to force compliance.

Nov 08 11:45

This Could Cause A Biblical DEBT Collapse!!

Nov 08 10:55

Biden admin considering shutting down Michigan pipeline, drawing criticism and dire warnings as winter nears

The Biden administration is reportedly weighing the potential market consequences of shutting down an oil pipeline in Michigan, drawing criticism from opponents. Former Michigan Gov. Jennifer Granholm, Biden's energy secretary, predicted Sunday that heating prices will rise this winter regardless of the Biden administration's decision on the pipeline. "Yeah, this is going to happen. It will be more expensive this year than last year," Granholm told CNN.

The administration has yet to decide on what to do with Line 5 and officials were gathering information only to present a clear picture of the situation, according to sources who spoke to Politico.

Nov 08 09:44

Transitory Word Games From The Bank Of Canada

Who do they think they’re fooling?
Given a long enough timescale, everything is ‘transitory.’

After all, nothing lasts forever.

The Earth is transitory.

The Moon is transitory.

The Sun is transitory.

Every star we see in the night sky is transitory.

And on and on.

Nov 08 09:16

From QE to QT and back to QE

Nov 08 08:33

Jim Rickards: Towards a Single World Currency

Nov 08 07:59

Conservation or Land Grab? The Financialization of Nature

Just in time for the UN’s policy push for “30 x 30” – 30% of the earth to be “conserved” by 2030 – a new Wall Street asset class puts up for sale the processes underpinning all life.

A month before the 2021 United Nations Climate Change Conference (known as COP26) kicked off in Scotland, a new asset class was launched by the New York Stock Exchange that will “open up a new feeding ground for predatory Wall Street banks and financial institutions that will allow them to dominate not just the human economy, but the entire natural world.” So writes Whitney Webb in an article titled “Wall Street’s Takeover of Nature Advances with Launch of New Asset Class”:

Nov 08 07:29

EU plot to wreck Christmas: Brussels prepares to go 'nuclear' if Boris triggers Article 16

The EU's punishment plot against the UK has been exposed, amid speculation that the British will soon trigger Article 16. It is thought that Boris Johnson is waiting until COP26 is finished to trigger Article 16 and suspend the Northern Ireland Protocol. Tom Parker, president of the British Chamber of Commerce EU, explained that senior EU chiefs have already discussed a plan to retaliate if the Brexit mechanism is invoked.

Speaking to Sky News, Mr Parker said that EU retaliation could unleash "potentially major" consequences, such as problems with the supply chain just ahead of Christmas.

He explained: "The position of EU leaders is one that has been evolving for some time now.

"The UK has expressed the right or indicated it would be prepared to take serious measures, like trigger Article 16.

"There has been a concern and significant discussion about the implication of this, and what the EU might do in turn, should Article 16 be triggered.

Nov 07 07:13

Inflation Puts Everything Out Of Balance

In the third quarter, U.S. businesses paid distinctly higher labor costs to produce their goods and services— even though hourly compensation for workers fell after adjusting for inflation.

So-called unit-labor costs soared 8.3 percent from July through September, the Bureau of Labor Statistics revealed Thursday. These costs indicate how much a business spends to produce one unit of output.

Nov 07 05:39

OK, Now This is REALLY Serious

Nov 06 18:34

New England energy company warns customers could see winter heating bills go up by 15%

This week, Eversource Energy warned that customers could be hit with a 15 percent price hike in natural gas heating prices this winter, which would cost an average of $30 more per month than they paid last year. Eversource provides 4.3 million customers in Massachusetts, New Hampshire and Connecticut with electricity and natural gas.

Nov 06 08:58

Inflation has fast food customers paying more

Nov 05 12:48

Inflation on the rise – The blame game

Nov 05 10:06

Shortages To A Sudden GLUT

Nov 05 09:17

IoT and Smart Cities Converge: Waymo to Test Self-Driving Cars in NYC

By Jesse Smith

The plans to control all aspects of life including how you travel continues to accelerate as Waymo, an Alphabet company and cousin to Google has been testing its autonomous cars in dozens of cities. This glimpse of the future manifesting in the present may seem like progress, but it carries dark overtones of the completely controlled, technocratic society envisioned by people like Klaus Schwab, Jeff Bezos, and Elon Musk.

Self-driving cars were cute when they were just a fantasy as seen in a Jetsons cartoon, but now that they are invading the real world the future doesn’t look so bright. The plan to have us “own nothing and be happy” is further solidified with cars controlled by AI algorithms backed by the all seeing eye of (Google) Waymo...

Nov 05 08:47

Boom and bust of Squid Game memecoin reveal dark side of cryptocurrency

The boom and bust of memecoin sensation Squid Game or Squid revealed the dark side of cryptocurrency.

According to CoinMarketCap pricing, Squid – inspired by the Netflix hit series “Squid Game” – surged more than 230,000 percent in the past week to $2,861.80 only to plunge 100 percent to less than half a cent as of Monday, Nov. 1.

“Betting on the right coin can lead to jaw-dropping riches,” said Antoni Trenchev, co-founder of crypto lender Nexo. “The problem is, what goes up in a straight line tends to retreat in a similar fashion. You hear that some memecoin investors don’t care about the losses. But once the selling starts, a cascading effect can play out. So it’s wise to only use money you can afford to lose.”

Nov 05 06:33

U.S. oil producers pose ’emerging threat’ after OPEC+ defies calls to speed production increases

Major oil producers on Thursday refused to accelerate plans to gradually lift oil production each month, raising the potential for the U.S. to take advantage of prices for the commodity, which trade close to multiyear highs.

Nov 05 06:06

Biden prepares for make or break votes on his Build Back Better and infrastructure bills TODAY despite Manchin's vocal opposition: President's domestic agenda hangs in the balance

The U.S. House of Representatives will convene at 8am Friday in a make of break session for President Biden's massive domestic policy agenda, as Democrats hope they can advance the $1.75 trillion Build Back Better Act and the $1.2 trillion bipartisan infrastructure bill already passed in the Senate in August.

But it comes after they saw a Thursday deadline come and go, the latest in a series of missed targets.

Biden lobbied Democrats in the House on Thursday night to vote 'yes' on his social policy and climate-change bill, as the party tries to recover from sobering state election losses.

Nov 05 06:06

Biden's $1.75 trillion Build Back Better plan will ban religious schools from using infrastructure grants to renovate or repair their facilities

President Biden's $1.75 trillion Build Back Better act will specifically ban religious schools from using infrastructure grants to renovate or better their facilities.

If the infrastructure bill passes the House when it will be voted upon on Friday, then it will ban religiously-affiliated schools or child care services from allocating funds to improve their facilities.

Grant recipients 'may not use the funds for modernization, renovation or repair of facilities that are primarily used for sectarian instruction or religious worship,' the bill says.

In March, Representative Mike Kelly (R-PA.) and junior South Carolina Senator Tim Scott introduced the Child Welfare Inclusion Act, a bill to ensure that both state and local governments cannot discriminate against faith-based adoption and foster care providers by forcing them to choose between offering these vital services and violating their deeply held religious beliefs.

Nov 05 05:59

A GLOBAL CURRENCY FREEFALL IS HERE

Nov 04 14:09

Inflation Will Get Worse Until...

Nov 04 12:25

Get Ready for Food Rationing

Nov 04 12:17

Contracting faster now...

Nov 04 12:01

Americans are getting hammered at the pump! Bank of America predicts crude oil will skyrocket 43% to $120 a barrel by next summer with gas prices already at a seven-year high of $3.40

Americans who are already facing higher gas prices at the pump could feel even more pain in the coming months, a top Bank of America analyst predicts.

In a note this week, Bank of America's head of global commodities Francisco Blanch said he expects the Brent crude benchmark to hit $120 per barrel by July 2022, according to Bloomberg.

That would be a 43 percent increase from current prices, which at around $84 per barrel are at their highest level since 2014.

Gasoline prices, which on Thursday hit a national average of $3.415 per gallon according to the AAA index, are also at their highest level in seven years.

Nov 04 11:36

This is an even bigger disaster in the making

Nov 04 11:16

Exclusive — House Republican Leaders: Biden’s Build Back Better Agenda Is ‘Dead’

House Republicans told Breitbart News in an exclusive interview Wednesday that President Joe Biden’s Build Back Better legislative agenda is “dead” after Tuesday’s Republican landslide elections.

Reps. Drew Ferguson (R-GA); the House Republican chief deputy whip, Kat Cammack (R-FL); and Warren Davidson (R-OH) spoke to Breitbart News after Republicans scored major victories in Virginia, New Jersey, and other elections on Tuesday.

The House Republicans told Breitbart News that the elections serve as a repudiation of Biden’s agenda. Biden has pinned his legislative majority on passing dual infrastructure bills, the $1.2 trillion so-called bipartisan infrastructure bill, or the Infrastructure Investment and Jobs Act, and the $1.75 trillion Build Back Better Act.

Nov 04 08:44

Why Q3 US GDP was actually negative

Nov 04 06:47

Get Ready For Food Rationing

It was a very strange moment when this week the spokesperson for the president defended inflation as a high-class problem. She explained that higher prices are merely a sign that economic activity is picking up. People are buying things and that’s good. Of course that pushes up prices, she said. Just deal with it.

At this point, the White House will say anything. Truth, facts, morality - these things matter less and less in current-day America. Your misery is an illusion. Losing your job because you don’t want the jab? Hey, that is the price you pay for noncompliance. Expect no sympathy from anyone in charge.

The Great Rationing

Nov 04 06:46

Biden’s Nominee Omarova Called the Banks She Would Supervise the “Quintessential A**hole Industry” in a 2019 Feature Documentary

Yesterday, President Biden stunned moderates in his party by formally sending his nomination of Cornell Law Professor Saule Omarova to head the Office of the Comptroller of the Currency (OCC) to the Senate. The OCC regulates national banks, those operating across state lines, which include some of the largest banks in the nation, such as JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup’s Citibank.

Many folks believed that after Omarova’s recent law journal article became widely analyzed, she would remove herself from consideration or Biden would quietly ask her to step aside. As Wall Street On Parade revealed last week, Omarova’s 69-page paper published in the Vanderbilt Law Review in October, proposed the following:

(1) Moving all commercial bank deposits from commercial banks to so-called FedAccounts at the Federal Reserve;

Nov 04 06:44

SQUID GAME CRYPTO TOKEN PLUNGES TO $0 AS CREATORS STEAL MILLIONS FROM INVESTORS

The market value of Squid, a new crypto token based on Netflix’s hit series ‘Squid Game’, has dropped almost to zero after skyrocketing to $2,850 per coin in a day, with investors reporting they are unable to withdraw their funds.

Squid Game Crypto Token Plunges To $0 As Creators Steal Millions From Investors

Squid, initially launched last week at just 1 cent, jumped 7,500% from $37 on October 31 to $2,850 per coin on Monday. However, within just a few minutes, the token’s value collapsed to $0.0008, according to crypto-tracking website CoinMarketCap.

Crypto analysts at Gizmodo say such things happen when cryptocurrency creators abruptly withdraw their tokens to cash in on gullible investors, a mechanism called “rug pull” by crypto investors. Squid’s developers have reportedly gotten away with an estimated $3.38 million.

Nov 04 06:09

San Francisco Safeway Closing Early, Cutting Hours Due to ‘Off the Charts’ Shoplifting

Safeway Supervisor Rafael Mandelman confirmed a San Francisco store will stop its 24-hour service due to shoplifting and crime in the area.

The store directors called Mandelman about theft in the store. Safeway told Mandelman that the “police rarely arrest anyone for a property crime, by the time they make it on the scene.”

They decided the store will stay open from 6 AM to 9 PM.

Nov 04 05:54

Chinese Govt Tells Citizens to Stockpile Food Before Winter As U.S. Govt Mocks Americans Concerned About Shortages

China's government is telling citizens to stockpile food ahead of a possible supply crunch come winter while the US government is mocking Americans for being concerned about shortages and surging inflation.

From Bloomberg, "China Tells Families to Hoard Food for Winter Amid Supply Fears":

A statement from China's government urging local authorities to ensure there was adequate food supply during the winter and encouraging people to stock up on some essentials prompted concerned talk online, with people linking it with the widening coronavirus outbreak, a forecast cold snap, or even rising tensions with Taiwan.

The Ministry of Commerce urged local authorities to stabilize prices and ensure supplies of daily necessities including vegetables this winter and next spring, according to a statement Monday evening. Chinese households were also encouraged to stock up on a certain amount of daily necessities in preparation for the winter months or emergencies.

Nov 04 05:49

The Inspector General’s Report on JPMorgan’s London Whale Is a Guide to What to Expect from Its Probe of the Fed’s Trading Scandal

The Office of Inspector General (OIG) for the Federal Reserve is conducting an investigation of the trading activities that led to the resignations of Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren on September 27. The trading of other Fed officials may also be under the microscope.

The OIG investigations are conducted by federal criminal investigators who have the power to “carry firearms, seek and execute search and arrest warrants, and make arrests without a warrant in certain circumstances.” The investigative findings can be referred to the U.S. Department of Justice for criminal or civil prosecution, if warranted.

Nov 03 10:10

Inflation Is Here, The Fed Is Trapped

Nov 03 10:09

Tesla recalls 11,706 vehicles over Full Self-Driving Beta software bug

Tesla's controversial "Full Self-Driving" feature took another hit on Tuesday. The Texan automaker issued a recall for nearly 12,000 vehicles after an over-the-air software update introduced a new bug that can cause false activations of the cars' forward collision warning and automatic emergency braking (AEB) systems.

According to the safety recall report, the problem affects Models S, X, and 3 vehicles built between 2017 and 2021 and Model Y vehicles built between 2020 and 2021 that are running firmware release 2021.36.5.2. The updated firmware was rolled out to drivers in its beta testing program on October 23 and, once installed, caused a pair of chips to stop talking to each other when the vehicle wakes up from "sentry mode" or "summon standby mode."

That error prevents the neural networks that operate on one of the chips from running consistently, causing it to throw false-positive collision warnings and—more seriously—false-positive AEB activations.

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