Monday, December 2, 2024

Down, Down, Down in a Burning Ring of Fire

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    by David Haggith, The Great Recession Blog:

    The Dow plunged 686 points midday on Thursday and closed down 458, wiping out a large relief rally from the day before, and it went down for the key reason I laid out for understanding why the Fed will over-tighten and drive the economy into an extremely deep recession.

    A batch of economic data that reinforced expectations the Federal Reserve will continue with its aggressive pace of rate hikes set the tone, analysts said, while a sharp selloff across tech-related shares amplified the damage.

    The latest update to second-quarter GDP figures confirmed that the U.S. economy shrank at an annualized clip of 0.6% in the second quarter. However, a weekly report on U.S. jobless benefit claims revealed that the number of Americans initially applying for unemployment benefits fell by 16,000 to 193,000 in the week ended Sept. 24, the lowest level since April. 

    Uncovering The Depopulation Agenda: Purple Heart Veteran EXPOSES Dark Truths Of The DEADLY Mandates

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      from Stew Peters Network:

      TRUTH LIVES on at https://sgtreport.tv/

      Flush with Pandemic Cash & Tax Revenues, States, Cities Throw Money Around. Congress too. Is it a Surprise Consumers Outspent this Raging Inflation?

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        by Wolf Richter, Wolf Street:

        The Fed, which is trying to slow demand to tamp down on consumer price inflation, gnashes its teeth.

        In many ways, this is still the most overstimulated economy ever, and it’s not wanting to come down because there is still all this cash from the Fed’s and the government’s stimulus floating around. So here is an example.

        NEW – Pfizer CEO Bourla has pulled out of an appointment to testify before the European Parliament’s special committee.

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          Exposing UN Agenda 21 Sustainable Development at the Local Level

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            from Conversations That Matter:

            TRUTH LIVES on at https://sgtreport.tv/

            Pentagon to create “Ukraine command”

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              by Paul Craig Roberts, Paul Craig Roberts:

              This is a serious development.

              As I have said over and over, the Kremlin’s go-slow limited military operation is a fatal mistake resulting in a wider war.  An operation that should have been concluded in a week is now in its seventh month and seems destined to continue indefinitely as the Kremlin does nothing to disrupt the Ukrainian government’s war effort or the endless supplies of weapons that the West pours into Ukraine.  The long-running conflict has allowed Western propaganda to portray the Russian military as unsuccessful and to convince Western decision-makers that Russia can be defeated in Ukraine.  This conviction has led to ever higher states of Western involvement.  

              The Pandemic was a Grand Rehearsal for the Great Reset

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                by Janet Levy, American Thinker:

                Fear is the key to obtaining compliance.  And by obtaining mass compliance during the pandemic, the global elite — operating through political leaders, international bodies, NGOs, and a vast network of “experts” and bureaucrats — audaciously tested ground for the Great Reset.  “Populations have overwhelmingly shown a willingness to make sacrifices,” said Klaus Schwab, founder of the World Economic Forum (WEF).  “The changes we have seen in response to COVID-19 prove that a reset of our economic and social foundations is possible.”

                NEW – China has opened dozens of “overseas police stations” around the globe to monitor its citizens living abroad, including in the US and Canada.

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                  Proof Vax is a U.S./China Bio Weapon!

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                    from The New American:

                    TRUTH LIVES on at https://sgtreport.tv/

                    Anti-Globalism Is Going Mainstream – Which Means Engineered Disaster Is About To Strike

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                      by Brandon Smith, Alt Market:

                      I have noted in the past that criminals tend to brag about their criminality when they believe there’s nothing anyone can do about it. Frankly, in their narcissism many of them can’t help but revel in the moment and let everyone know how “superior” they are to the rest of us. We witnessed many moments like this from elitists within globalists institutions the past couple of years at the height of the pandemic pandemonium.

                      There were people like the globalist academics at MIT proclaiming that we were “never going back to normal” and that we were going to have to accept the loss of many of our freedoms for the rest of our lives in order to combat the spread of covid. There were people like Klaus Schwab declaring the beginning of the “Great Reset” and the launch of what the Davos crowd calls the “4th Industrial Revolution.” There have also been MANY political leaders like Joe Biden that strut around on the media stage accusing ideological opponents (conservatives mostly) of being “enemies of democracy.”

                      The crisis is upon us

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                        by Alasdair Macleod, GoldMoney:

                        In an extraordinary week of turmoil in global bond markets, gold and silver rallied. In European trade this morning, gold was at $1672, up $28 from last Friday’s close. And silver at $19.16 is up 31 cents.

                        The big news was the collapse of the UK gilt market’s long maturities, which required the Bank of England to intervene, buying £65bn in long gilts on Wednesday. The situation arose out of pension funds leveraging their gilt portfolios through interest rate swaps and repurchase agreements up to seven times in an attempt to match their actuarial liabilities through liability driven investing (LDI). With over £1 trillion outstanding, a doom-loop of selling to meet margin calls was an emerging crisis which had to be stopped.

                        GMO mosquitoes now secretly VACCINATING people without their consent

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                          by Ethan Huff, Natural News:

                          New research published in the journal Science Translational Medicine reveals that Big Pharma is now using insects to deliver “vaccines” to humans without their knowledge or consent.

                          For their trial, researchers artificially furnished 200 mosquitoes with live, malaria-causing plasmodium parasites that had been genetically modified (GMO) to inject a malaria vaccine into the arms of human test subjects.

                          CONTROLLING HURRICANE IAN?

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                            from Dane Wigington:

                            TRUTH LIVES on at https://sgtreport.tv/