Tag: economy

UK House Prices are Slipping!

I do love me some old-fashioned British houses. Great stuff. Eventually, the market corrects itself, you know? If people can afford to pay their utility bills, there is going to come a day when house prices go down. If you explode the interest rates, people…

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Mortgage Rates are Nearly 8% – Highest in 23 Years

These media people hoaxed you with the idea that inflation was the biggest problem ever. It was a stupid and unnecessary problem, but it wasn’t nearly as dire as the solution. RT : American home loan rates have surged to their highest level in more…

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Spain: Olive Oil Will Soon be a Gourmet Product

Medieval peasants could afford olive oil. RT : Spanish authorities are sounding the alarm over olive oil prices, which continue to rise and may eventually turn this Mediterranean staple into a “gourmet product,” the newspaper El Mundo reported, citing sources in the Ministry of Agriculture.…

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German Economy in Tatters

Total economic collapse is a small price to pay for forcing children in the Donbass to become trannies. There is no suffering that is too great to handle when we are talking about the bounty of democracy. RT : The German economy will remain stagnant…

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Debt Deal Signed – Weeks of Stupid News Proves a Waste!

Remember: I told you there was zero chance that the US was actually going to default. This was while the mainstream media spent like an entire month doing wall-to-wall coverage about the potential for default. Even Bloomberg was doing that (though to be fair, Bloomberg…

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Asians Launching an Alternative to SWIFT

The dollar system is on a clock, counting down. Global de-dollarization is going to be a complex and painful process. But the first step is setting up alternate infrastructure. RT : The Asian Clearing Union (ACU) – a nine-member group of central banks including those…

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BRICS Could Unseat the US Dollar

To actually unseat the dollar, there would have to be a legitimate replacement. The only way I can see that happening is if they figured out a way to back currency with gold. Otherwise, I don’t really know what we’re talking about. We also have…

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Another US Bank Just Collapsed. No Biggie.

I’m sure this doesn’t imply anything. Well, anything beyond the fact that JPMorgan Chase is a very altruistic group, and should be given even more and more money by the US federal government. RT : The embattled First Republic Bank has been taken over by…

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