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The most common word uses when news programs report economic news is “unexpectedly.” They don’t know crap.

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Interesting - another shoe to fall? Covid Vax side effects and all the Covid Lies.

COVID UPDATE: What is the truth?

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9062939/

hat tip Aesop…

https://raconteurreport.blogspot.com/2022/06/the-bitch-slap-of-truth-lands.html?m=1

How much longer can the lies be sustained? And what happens when the are not? This is part of what is driving the increased calls for censorship. Along with all the other disastrous policies.

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NO. This is inaccurate and worse, incomplete.

The BoJ and the ECB are ramping UP their QE programs at the same time the Fed is trying to tighten. That's worse than a wash sale, because last time I looked, cash is fungible. MMT is still alive and pumping.

Just not quite so clear to whom it's pumping towards....

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Michigan Attorney General Calls for ‘A Drag Queen For Every School,’ Says They ‘Make Everything Better’

https://freerepublic.com/focus/f-news/4071361/posts

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Everyone should have some gold and silver at this point. In hand. Not at a bank, not at some investment house or a derivative.

3 precious metals you cant have too much of: Au, Ar, and Pb.

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I guess the fear was that Trump was insufficiently committed to the Approved Narrative.

If permitted to stay in power, he would (they feared) irretrievably weaken NATO and ultimately lose Ukraine and the Black Sea ports to Putin. In a worldview which depends upon absolute US military hegemony and Western-led globalization, a strengthened Russia is a big problem. As we are seeing, a strengthened Russia and a strong ruble undermine the energy security of Europe and, worse for the Elites, the status of the Almighty Dollar. A dethroned Dollar will be the end of the money printing orgy the US has enjoyed for decades now, which has resulted in unimaginable riches for the Elites, plenty of bread and circuses for the middle classes and billions in transfer payments to the poor. Not to mention relative domestic peace.

A strengthened Russia in partnership with an ascendant China probably poses an existential threat not only to the exalted economic status of the US and Western Elites but their increasingly tenuous hold on power (see recent results for Macron and BoJo, etc. as well as Mayra Flores' historic win yesterday).

I suspect the handwriting has been on the wall for some time as US and Western policies have seemed increasingly desperate and, well...idiotic. Most recently, we have seen the West essentially risk economic suicide as its sanctions against Russia backfire and risk a Great Depression-level boomerang.

And there is no evidence the guys 'in charge' will be able to see their errors and the risks they are undertaking and change course before its too late. Today Biden has announced a billion dollars more aid to Ukraine which can only result in more Ukrainian casualties before the inevitable end.

I'm with Rascal (below). It looks like a world of pain coming up.

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Damn... now I'll have to continue to work until I'm 85 or dead. Doomsday approaches. I wonder if it would be better to be in a service industry vs. a manufacturing industry?

I recall in the 2008 bust our company gave $0 merit increases but allowed employees to keep their existing jobs. This seems worse than that.

What's the economic prediction for the world's oldest profession? Keep your responses semi clean please.

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Removed (Banned)Jun 15, 2022
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