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The Fed Will Soon Face Its First True Volcker Test: Continuing To Hike Into A Full-Blown Recession...

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OPEC+ ministers agree to cut production by 2M barrels per day

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New Social Credit Score has been in the works

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Buying the Stock-Market Dip Is Backfiring This Year

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762

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British Pound nearing parity with the USD for the first time in history.

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1.3 Million Jobs Were Result Of Double-Counting This Year, Heritage Economist Says | "There is considerable evidence..."

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We're Going Into A Worldwide Recession, FedEx CEO Warns "Numbers Don't Portend Very Well" | "We are a reflection of everybody else’s business, especially the high-value economy in the world"

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"No More Naivety": Germany Working On New Trade Policy Reducing Dependence On Chinese Raw Materials | "We cannot allow ourselves to be blackmailed"

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Xi's Meeting With Putin Seen As Major Market Risk | "President Xi was not expected to leave the country unless it was extremely urgent for him to do so"

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Millions Of Electric Car Batteries Retiring By 2030, Are We Ready To Deal With What Could Be Ticking Time Bombs? | For me, the biggest challenge I see, especially with second life, is on the safety side...

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Disney's Bob Iger Abandoned 2016 Twitter Deal Over "Substantial" Number Of Bots | Iger dropped a gold nugget of information for Musk, who is locked in a court battle with the social media ...

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Saudi Arabia invests in Alphabet, Amazon, and BlackRock | Saudi Arabia has purchased $7.5 billion of stocks in various companies through its Public Investment Fund, including Google's parent company Alphabet, Amazon, BlackRock, and JPMorgan Chase... | August 16, 2022

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Inflation Is State-Sponsored Terrorism | History shows us how money dies. Yes, it can happen here. Only a fool thinks otherwise...

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Co-Founder Of Hedge Fund Backed By Soros Arrested For FX Manipulation | ... Neil Phillips was charged with conspiracy to commit commodities fraud, conspiracy to commit wire fraud, commodities fraud, and wire fraud in connection with a scheme to artificially manipulate the USDZAR exchange rate.

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"The Straw That Breaks The Market's Back": The Fed Must Do $3.9 Trillion In QT To Control Inflation... Which It Can't Possibly Do | "it could be a ramp-up in QT, this time on a larger scale to erode a much larger balance sheet, that may surprise markets."

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China Puts Megacity Chengdu Under Lockdown As Zero-Covid Intensifies | "Sporadic Covid-19 lockdowns such as this will pressure already-weak economic conditions ..."

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Oil Market "Completely Broken" Says World's Largest Commodity Hedge Fund Trader | "The oil futures market is completely broken. Moving down $10 in a day for no apparent reason."

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137

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"A Structural Rapture" - German Companies Shutting Down In Response To Record Energy Prices | "the industries in question aren’t just being restructured but are experiencing a rupture — a structural rupture, one that is happening under enormous pressure."

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Will This Housing Downturn Be Worse Than 2008? | "In terms of mortgage rates, we have a problem today that is worse than 2008."

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Mississippi Declares State Of Emergency As Broken-Pump Leaves Capital Without Drinking Water | "It means the city cannot produce enough water to reliably flush toilets, fight fire and meet other critical needs."

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Minsky Moment - A sudden collapse of the market following a long period of unsustainable speculative activity involving high debt amounts taken by investors | Overview, Catalysts, Effects, and Phases

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"This Is Beyond Imagination": Polish Homeowners Line Up For Days To Buy Coal Ahead Of Winter | "People are sleeping in their cars. I remember the communist times but it didn't cross my mind that we could return to something even worse."

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"Why Is The Euro So Weak" Is The Wrong Question | Could Yen weakness be driving Euro weakness?

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Is This The End Of The Yuan As We Know It? | The recent fall in the currency has much further to go, with the mounting risk China abandons its fixed exchange-rate regime altogether...

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Twitter Whistleblower Reveals Company Hid "Extreme, Egregious, Deficiencies": Musk Subpoenas Dorsey & Ex-Security Chief | "We have already issued a subpoena for Mr. Zatko, and we found his exit and that of other key employees curious in light of what we have been finding."

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