Navigating Embedded Inflation: The YOLO Spending Dilemma

Navigating Embedded Inflation: The YOLO Spending DilemmaCharles Hugh Smith – YOLO spending–grabbing what you can right now because You Only Live Once–is now embedded in the zeitgeist. The original narrative–that the pandemic shutdown awakened a broad cultural awareness of the fragility of life and security, and so it’s wiser to buy experiences now rather than later–may be expanding into the complex realm of inflation and inflation expectations.

Covid changed how we spend: More YOLO splurging but less saving

The possibility that the human herd senses trend changes before statistics and the economic punditry comes under the capacious category of the wisdom of crowds: in this line of thinking, YOLO spending may be a reflection not just of a pandemic-instigated change of priorities, but of a growing sense that inflation is now embedded, and so it’s better to spend earnings now before they lose value. Continue reading

Biden 8% Approval Means Panic and War [Video]

Biden 8% Approval Means Panic and WarGreg Hunter – Legendary financial and geopolitical cycle analyst Martin Armstrong has new data on President Biden’s approval numbers.  Nearly two years ago, President Biden’s real job approval rating in America was just 12%.  More than one year ago, the real Biden approval number slipped to 9.5% (and stayed there) according to Armstrong’s world renowned “Socrates” predictive computer program.

Now, Biden’s rating tumbled again.  Armstrong says, “It is basically hovering around 7.5% to 8% at this stage.  I know this goes against the mainstream media, but if you look at Google, it is really politically motivated. . . . The other number you need to look at is the confidence in government, and it is at 28%. . . .

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The Truth About Globalist Influence on World Events

The Truth About Globalist Influence on World EventsBrandon Smith – I have said it many times in the past but I think it bears repeating once again: If you want to understand why world events happen the way they do, you must understand the goals and influence of globalist institutions. You must accept the fact that these people create most of the national and international disasters you and I have to deal with on a regular basis and oftentimes they create these disasters deliberately.

Yes, I know, there are plenty of skeptics out there that think all geopolitics and crisis events are random or a product of bureaucratic stupidity; and those people are wrong. They have no idea what they’re talking about because they’re basing this conclusion on assumptions rather than facts and research. Make no mistake, there’s a good reason why it feels like the whole world has gone crazy all at once. Continue reading

Paul Pelosi Jr. dodges federal charges for the 7th time

Paul Pelosi Jr. dodges federal charges for the 7th time Josh Boswell – Two fraudsters linked to Nancy Pelosi’s son are set to be sentenced over a money laundering and mail fraud scheme, DailyMail.com can reveal.

It is the seventh federal case that Paul Pelosi Jr., the 55-year-old son of the former House Speaker, has been embroiled in, documented in an extensive investigation by DailyMail.com.

The charges leveled by federal prosecutors against fraudsters Bill Garlock and Gina Rodriguez, include shady dealings over a San Francisco flop house that Pelosi Jr. claimed to own. Continue reading

The Dark Side of Monopoly-Cartel Dominated Economies

The Growing Rebellion Against Costly, Low-Quality, Overly-Complex TechnologyCharles Hugh Smith – One of the greatest myths about “free markets” is that enterprises create products and services to meet the needs of consumers. That sounds nice but that’s not what happens in monopoly-cartel dominated economies like ours.

In monopoly-cartel dominated economies like ours, what actually happens is the monopoly / cartel (i.e. a handful of quasi-monopolies that completely dominate their sector) limit their offerings to the most profitable products and services and force customers to buy them by making it impossible to find better-value options. Continue reading