Senate Rubber Stamps Debt Ceiling Band-Aid; Biden To Sign Into Law ‘As Soon As Possible’
Senate Rubber Stamps Debt Ceiling Band-Aid; Biden To Sign Into Law ‘As Soon As Possible’ As expected, Chuck Schumer’s Senate was a lock for approving the deal to raise the debt ceiling, which will be suspended until January 1, 2025 while spending will remain ‘roughly flat’ for the same period of time “when factoring in […]
Recession Odds Rise To Highest In 40 Years: Fed
Recession Odds Rise To Highest In 40 Years: Fed Authored by Tom Ozimek via The Epoch Times, The odds that the United States will fall into a recession at some point over the next 12 months have risen to a 40-year high, according to a probability model from the New York Federal Reserve. The probability […]
“I Was Gonna Die On My Own:” Snowboarder Saved In Washington After Falling Into ‘Spruce Trap’
“I Was Gonna Die On My Own:” Snowboarder Saved In Washington After Falling Into ‘Spruce Trap’ A wild video has surfaced online showing a skier rescuing a snowboarder in Washington state who had fallen into a tree well, also known as a ‘spruce trap.’ Seattle-based KOMO News said snowboarder Ian Steger was on Mt. Baker when […]
Man Charged Over Numerous ‘Swatting’ Calls Accused Of Blackmailing Victims, Demanding Underage Nude Pics
Man Charged Over Numerous ‘Swatting’ Calls Accused Of Blackmailing Victims, Demanding Underage Nude Pics A Seattle man has been arrested for making over 20 “swatting” calls across the United States and Canada, which prompted real emergency responses to fake reports of shootings, bombs or other threats. Using VOIP to conceal his identity, 20-year-old Ashton Connor […]
Fed Balance Sheet Surges By Another $100BN Amid Bank Runs As Foreign Repos Soar By Record And Cash Floods Into Reverse Repo, Money Markets
Fed Balance Sheet Surges By Another $100BN Amid Bank Runs As Foreign Repos Soar By Record And Cash Floods Into Reverse Repo, Money Markets The much awaited release of the Fed’s latest weekly balance sheet update was released at exactly 4:30pm, and not surprisingly, it showed that in the past week the bank bailout continued […]
Aussie Slides After RBA Hikes Rates For 10th Consecutive Time, Says Inflation Has Likely Peaked
Aussie Slides After RBA Hikes Rates For 10th Consecutive Time, Says Inflation Has Likely Peaked Overnight, the RBA increased the cash rate for the 10th consecutive time by +25bp to 3.60% at March’s Board meeting – the highest level since May 2012 and in line with expectations. While the statement maintained a clear hawkish bias, […]
How Can We Restore Freedom And Sound Money In The US & UK? Some Ideas…
How Can We Restore Freedom And Sound Money In The US & UK? Some Ideas… Authored by Patrick Barron via The Mises Institute, The purpose of this essay is not to convince the reader of the necessity for change. It is to present some commonsense policy changes to attempt to mitigate the economic harm that […]