Default rate on credit card loans from small lenders is now higher than:
Dot Com bubble
- Game of Trades
Global liquidity is down a massive $1 trillion over the last 10 weeks.
Since the high in 2022, $4.2 trillion in global liquidity has dried up. We are now back down to pre-pandemic liquidity levels.
After printing and handing out $4 trillion in stimulus while lowering rates to 0% overnight, the party is now over.
Potentially the world's largest lithium deposit has been found in a US volcano
A possible game changer for the US electric vehicle industry
What is likely to be the world's largest deposit of lithium has been discovered in a volcano crater along the Nevada-Oregon border. It's estimated that the McDermitt Caldera holds between 20 million and 40 million metric tons, which would be larger than the current 21-million-ton record-holding deposit beneath the salt flats of Bolivia.
Located in the 28-mile-long and 22-mile-wide McDermitt Caldera, the discovery of the deposit will be a massive boost to the United States' lithium reserves, which have been estimated at just one million metric tons. Most of the world's major deposits are in countries outside of North America, such as Chile, Bolivia, Argentina, China and Australia. It could also encourage more US investment in electric cars and will alleviate fears over lithium shortages – it's thought that a million metric tons of lithium will be needed by 2024.
"It could change the dynamics of lithium globally, in terms of price, security of supply and geopolitics," Belgian geologist Anouk Borst told Chemistry World. "The US would have its own supply of lithium and industries would be less scared about supply shortages."
World Economic Forum (WEF) Chairman Klaus Schwab has called on governments around the world to begin merging with the unelected corporate elite to usher in his agenda to end “the era of capitalism.” Schwab made the comments during an address at this week’s Association of Southeast Asian Nations (ASEAN) Summit. The event is a meeting of Southeast Asian governments and their “partner” nations. The WEF founder argues that governments must embrace his globalist organization’s allies and allow corporate power elites to begin forging public policy. During his speech, Schwab took the opportunity to dictate his plans for the merging of state and corporate power.
Speaking at the summit, Schwab told government leaders that he is pushing, what he calls, “public-private cooperation.” He continued by asserting that, with the fusion of corporation and state, we would see a shift from “the era of capitalism to the era of talentism.” Schwab explains that under his system, corporate elites will craft policies for sovereign countries to ensure that innovation becomes the “key competitive factor.” He had already declared that his plans for merging corporations and states will mean that “governments still provide direction but business provides the innovative power.”
Majority of California Voters Do NOT Support Cash Reparations for Slavery – after Task Force Recommends $5MN Handout 💲
A UC Berkeley survey found that 59% of voters oppose cash payments of $5mn for every black resident suggested by Gov. Gavin Newsom’s task force.
The reparation task force also believes that those entitled to the cash should have their personal debt wiped and guarantee a $97k income for 250 years and $1 homes.
Democrat Congresswoman Cori Bush introduced a resolution to reignite a push for federal reparations in May, suggesting the total amount would be at least $14tn.
America's entire GDP was $25tn in 2022 and is currently $31.4tn in debt.
As mortgage rates surge to the highest levels since 2000, the mortgage market is going deeper into a state of paralysis. A gauge of US mortgage applications for home purchases fell to a 28-year low last week.
Mortgage applications to buy a house are now lower than back during the post real estate recession GFC time period of 2009 to 2015
- Wall Street Silver
Households’ net worth is contracting for the 4th time since 1990.
At a time when credit card debt is above $1 trillion, the highest levels ever and credit card interest rates have soared above 20%. Consumers do not look to be in good shape.
Delinquency rates at small banks rise to 7.5%, the highest on record.
Meanwhile, delinquency rates at large banks are at 2.9%, well below levels seen at small banks, but up from a low of ~1.5%.
The same banks that almost collapsed in the regional bank crisis have exposure to historically high delinquency rates.
Rothschild family treasures to be sold in historic auction worth millions
A taste of a bygone era’s opulence will soon be up for sale: For the first time, items from the Rothschild family’s private collection will be up for auction in North America.
This October, Christie’s in New York will sell hundreds of curated pieces from the decadent banking dynasty’s trove in a series of events.
Entitled Rothschild Masterpieces, the series will include a lavish assortment of art, furniture and homewares.
“This week of auctions will make history,” Jonathan Rendell, a Christie’s Deputy Chairman, told The Post. “For the first time, one of the great collecting families of Europe is offering its important and intimate heirlooms at auction in the United States. The quality of the 600-plus objects in these sales is as extraordinary as the range.”
The array comes from the collection of Baron James de Rothschild, his wife Betty, and their sons Baron Alphonse and Baron Gustav — whose homes in Paris and the Château de Ferrières were so grandiose as to have a style, “goût Rothschild,” named after them.
Existing antibodies work against the latest coronavirus variant: CDC
QUOTE: The Centers for Disease Control issued a statement that reversed its previous assessment regarding the most recent COVID-19 variant. Currently, the latest variant, referred to as BA.2.86, is combated by already-known antibodies, per research from multiple labs examined by the CDC. The announcement was issued Friday. Initially, the CDC released a risk assessment that warned the variant could be "more capable of causing infection in people who have previously had COVID-19 or who have received COVID-19 vaccines." As of Friday morning, cases with the variant were found in Colorado, Delaware, Michigan, Ohio, Pennsylvania, Virginia, and Washington. "CDC and other experts are reassured by these research findings that support the effectiveness of this type of immunity against this variant," its latest statement read. "Additionally, based on CDC's experience with past SARS-CoV-2 variants, people will likely have protection against severe disease mediated by both cellular and antibody immunity."
Do you know what "safe and effective" means according to the CDC? -- Safe means tested in 50 people and nobody died and only 8% needed professional medical attention. Effective means there is NO evidence whatsoever of a clinical benefit. Got it? -(Steve Kirsch)-
Excerpts: We now have clear evidence that the FDA simply ignores evidence which doesn’t support the narrative Basically, in a meeting with top FDA officials including Peter Marks that was secretly (but not illegally) recorded, the FDA experts admit that if the data doesn’t support their narrative (even if it is from a gold standard randomized controlled trial), they ignore it (listen starting at around the 4:00 minute mark). And a huge failure of the VAERS system (a 7 year old dies shortly after the vax from cardiac arrest and there is no follow up) doesn’t shock the FDA officials. They said to send them an email about it. Watch the video and read the entire thread Summary If you think that the CDC and FDA exist to protect you from unsafe medical products, you are very badly mistaken. The two examples provided in this very short article should make this very clear to anyone.
Watch this video at the link.
These teachers should be awarded punitive damages as well as damages for "emotional trauma" as a result of losing homes/damaged credit/financial penalties paid for late/non payment of bills..............They drew first blood, now they should get financially raped.
The Death of Informed Consent
QUOTE: Here's what never happened in the hospital during COVID: a doctor sat down next to a patient and said, "You have a choice. We can give you Remdesivir, which killed 53% of the patients in an Ebola trial. It was so bad the trial had to be shut down. And you'll notice here in Remdesivir's fact sheet, it says, 'Not a lot of people have used Remdesivir. Serious and unexpected side effects may happen.' Or we can give you ivermectin, a safe and effective drug that's been successfully used for decades, and send you home. Which do you prefer?" The reason that conversation never happened is that it would have cost the hospital too much money. If the hospital gave you ivermectin and sent you home, the federal government paid the hospital $3,200. If the hospital gave you Remdesivir, the federal government paid the entire hospital bill, plus a 20% bonus. So the hospital executives' choice was to receive $3,200 or $500,000, which was the average hospital bill. No contest. Patients were going to get Remdesivir — whether they wanted it or not. Informed consent died a grotesque death in the hospitals during COVID, and we need an autopsy. There was no information, and there was no consent, and without them, patients are reduced to helpless victims, exploited for corrupt financial gain and immoral experiments. Informed consent has been enshrined in numerous judicial rulings as the foundation of ethical medical practice and seared into the public's conscience from the Nuremberg trials. Seven Nazi doctors were hanged in Germany by an American military tribunal for "murders, tortures, and other atrocities committed in the name of medical science." Yet murders, tortures, and other atrocities are exactly what was committed by medical staff in the hospitals against thousands of Americans during COVID. Take, for example, Ray Lamar, who arrived in the emergency room with a message written with a black sharpie pen on his arm: "NO VENT NO REMDESIVIR." On his other arm, he wrote the same message and added his wife's name and phone number. Yet the doctors gave him Remdesivir anyway, without ever informing him. His widow Patti told me she constantly wonders what she could have done to save him.
Sen. JD Vance to force vote on bill banning federal government from reimposing mask mandates
QUOTE: U.S. Republican Sen. J.D. Vance of Ohio announced Wednesday that he would force a vote on the Senate floor of his new legislation to ban the re-implementation of mask mandates on public transportation and in schools. In a Wednesday press release, Vance's office stated that the senator intends to force a vote Thursday on his "Freedom to Breathe Act," which would bar the Biden administration from imposing any new "federal mask mandates for domestic air travel, public transit systems, and primary, secondary, and post-secondary schools."
We now have:
*A volunteer grassroots army in every state motivated to secure their election platforms through Cause of America;
*Our own Media network: Frank Speech to tell the real news;
*a new election connection site: Frank Social, to share real time communications, both as a social media tool AND as an election watch site;
*The Election Crime Bureau to fight the legal battles to protect our votes and hold bad actors accountable.
*And finally, the introduction of a tool that can tell you whether the black box machines are online!
We built this critical infrastructure to support our country while we were learning everything that had gone wrong and been downright illegal in the 2020 Presidential election and every election since.
The formal unveiling of this never before done Plan has been received by all of you. I get more messages everyday asking when the Tool will be available and how you can have your own- more to come on that. For now, it is our goal to put at least 1000 tools in 3 key states and targeted counties across the country for this November’s down ballot races. The cost of each of the tools in this beginning phase is $600 a piece!
The tool does NOT interfere in other networks or jam networks, it simply tell you which machines are accessing wifi and where. The people have a way to definitively say “Yes, these voting machines ARE online and that is illegal!”
A War in Mexico would mean War in America
The Global Drug Trade is valued 200-300 billion per year the vast majority of which passes through the Central American Cartels… If they capture merely 1/3-1/2 of that that’s more than the value of all foreign Aid to Ukraine since the start of the war… And they do that every year.
This is in addition to all the money the Cartels receive from protection rackets they run, the cartelization of other industries they’ve affected (every avocado you buy is significantly overpriced thanks to their schemes), and the massive amount of money they and their associates bring in by effectively taking over and governing large swathes of Mexico, mostly under a Mexican Government coat of paint. US Northern Command estimates 30-35% of Mexico is effectively ungoverned, ie. Cartel Governed… that’s an area the size of Texas and a population comparable to Iraq.
A US intervention against the Mexican Cartels would be taking on organized forces that have been under arms longer than the Taliban, are better funded than Ukraine, Have a population and territory bigger than Saddam had in Iraq, and some of whom, as in the case of the Los Zetas Cartel, are themselves former Special Forces trained by American Green Berets.
Marines forced to pick up feces of people in Afghanistan by the Biden Administration
Before they were allowed to leave Kabul in August 2021, having just lost 13 comrades to a suicide bomber, US Marines were ordered to pick up human feces and other disgusting trash at the airport so as to leave it pristine for the Taliban.
This humiliation is recounted for the first time in a new book, “Kabul: The Untold Story of Biden’s Fiasco and the American Warriors Who Fought to the End.”
The Kabul airport passenger terminal was filthy on Aug. 28, 2021, after the botched Afghanistan withdrawal.
More than 120,000 Afghans had camped there for a week, “defecating and leaving trash, bags, clothes, and other unspeakable things.”
Marines at every level were infuriated at being “forced to scoop up human poop.”
The order to clean “came with a threat that we would not leave at all if it was not completed,” one junior Marine told authors Jerry Dunleavy and James Hasson.
“It was degrading and ridiculous. We took a lot of casualties and put a lot of effort into that mission and to close it out that way was wrong. Morale was really down at that point, and it was an extremely pointless effort.”
Sort of a Parody? Super Well done and at the very least shocking and very entertaining.:
Watch it here: