Friday, November 10, 2023

Dan, I Allegedly, "AM/PM 11/10/23""

Full screen recommended.
Dan, I Allegedly AM 11/10/2
"Avoid the Trap! What's Coming in 2024"
"There is so much happening in the stock market right now. Today we bring forward Bob Kudla of Trade Genius. What is going on with stocks? Where will crypto go? What about the metals and other areas of investment? We cover it all today."
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Full screen recommended.
Dan, I Allegedly PM 11/10/23
"A Bank Just Ruined Your Credit"
"What happens when a major bank destroys your credit? I had a subscriber write me a letter where the bank recorded the payoff of their car loan incorrectly to the credit reporting agencies. This was devastating."
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"15 Retail Stores Are Getting Wiped Out Right Now"

Full screen recommended.
The Atlantis Report, 11/10/23
"15 Retail Stores Are Getting Wiped Out Right Now"
"In the face of rising inflation and stringent credit conditions, many well-known retailers in the United States are reevaluating their physical presence to align with evolving economic realities. Escalating real estate expenses, augmented labor costs, and heightened operational expenditures have stirred apprehension among even the most successful stores chains regarding their financial stability in 2024. Concurrently, a substantial transition towards online shopping is rapidly transforming the American retail landscape, resulting in a rapid and unsettling closure of traditional brick-and-mortar stores."
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Greg Hunter, "Weekly News Wrap-Up 11/10/23"

"Weekly News Wrap-Up 11/10/23"
Banking Crisis Coming, War Coming, More CV19 Vax Deaths Coming
by Greg Hunter’s USAWatchdog.com

"Big banks are in trouble, but you are not going to hear about it until it’s too late. Banks are losing deposits at an alarming rate. Meanwhile, they have big losses on the books because of rising interest rates. This is all causing the biggest liquidity problems since the Great Recession. In other words, the banks need money to cover losses and conduct business. Record government interest payments mean Washington does not have the money for a bailout. The problem is not going to get better anytime soon, and it is getting worse by the day. You have been warned.

New bombings are taking place in the Middle East, and we are not talking about the Israeli/Hamas war. This bombing is taking place in Syria by the U.S. Air Force. This is to punish and degrade Iran proxies who have attacked American Troops 46 times in the last few weeks. An enemy weapon storage facility was blown up, but further attacks against U.S. forces keep coming. 56 soldiers have been wounded in these attacks. Secretary Lloyd Austin says he does not want “escalation,” but that is exactly what he is getting from Iran.

In the latest CV19 bioweapon vax death watch, we see a 14-year-old boy died in an ROTC fitness competition. It is being reported he died of “natural causes,” but what the heck is “natural” about a 14-year-old dying unexpectedly? There was no autopsy, so, they don’t really know what happened. The cover-up continues, and with at least 700 million CV19 injections in America alone, the bad news is not going to stop. Why is society acting like this is not a problem, and deaths like this are totally normal when it is anything but normal!! This is yet another murder from the CV19 bioweapon vax—period. There is much more in the 44-minute newscast."

Join Greg Hunter on Rumble as he talks about these
 stories and more in the Weekly News Wrap-Up for 11/10/23.

"How It Really Is"

 

"World War III Prelude, 11/10/23"

Full screen recommended.
Gregory Mannarino, AM 11/10/23
"The US Will Directly Involve Iran Into This War.
 Expect It! Be Ready!"
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Douglas Macgregor, 11/10/23
 "An Analysis of the Current Situation"
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Douglas Macgregor, AM 11/10/23
"Prepared For A Major War"
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Full screen recommended.
Hindustan Times, AM 11/10/23
"Hamas Bleeds Israeli Troops Despite Fierce Offensive;
 41 IDF Soldiers Killed In Gaza Fighting"
"Two more Israeli soldiers have been killed in Gaza ground fighting, taking the overall death toll to 41 since the invasion began, Israeli military has said. The Israeli military said that it eliminated the members of Hamas' elite unit who were involved in October 7 attacks. The Israeli attacks on Gaza in response to Hamas's October 7 assault have killed more than 10,000 Palestinians while the Gaza strip has been split into two."
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Full screen recommended.
Hindustan Times, AM 11/10/23
"Iran FM's Bombshell On Tehran's Entry In Israel's Conflict:
 'Expansion Of Gaza War Inevitable'"
"Iran's Foreign Minister has dropped a bombshell on Iran's possible official entry into the Israel-Hamas war in Gaza. Speaking to his Qatari counterpart on phone, Hossein Amir-Abdollahian said that given the intensity of Israeli bombardment, the expansion of the scope of the war was inevitable in the region. His remarks came after he tweeted that time was running out for Israel."
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Jim Kunstler, "Party, Party!"

"Party, Party!"
by Jim Kunstler

"Of course, you already sense that the 2024 election will be a freaky event, if it happens at all. If it’s not America’s last election altogether, it may be the last one that follows the traditional format that has signified stability in our country’s high tide as a great power: that is, a contest between Republicans and Democrats. Both parties are likely to crash and burn in the year ahead, along with a whole lot of other things on the tottering scaffold of normal life.

Have you lost count yet of the number of things in our country that are broken? The justice system. Public safety. Education. Medicine. Money. Transportation. Housing. The food supply. The border. The News business. The arts. Our relations with other countries. That’s just the big institutional stuff. At the personal scale its an overwhelming plunge in living standards, loss of incomes, careers, chattels, liberties... poor health (especially mental health)... and failing confidence in any plausible future.

The reasons behind all that failure and loss are pretty straightforward. The business model for operating a high-tech industrial economy is broken. That includes especially the business model for affordable energy: oil, gas, nuclear, and the electric grid that runs on all that. We opted out of an economy that produced things of real value. We replaced that with a financial matrix of banking fakery. That racket made a very few people supernaturally wealthy while incrementally dissolving the middle-class. We destroyed local and regional business and scaled up what was left into super-giant predatory companies that can no longer maintain their supply chains. Fragility everywhere in everything.

Bad choices all along the way, you could say, but perhaps an inexorable process of nature. Things are born, they grow, they peak, they decline, they die. The difference this time is the scale of everything we do is so enormous that the wreckage is also epic. It’s happening in Western Civ at the moment, led by its biggest nation state, us, the USA, but it will eventually go global, spread to the BRICs and the many countries that will never actually “develop.”

I started writing about the fiasco of suburbia decades ago, and now the endgame of that living arrangement is in view. The dissolving middle class has gotten priced-out of motoring. Motoring is the basis of the suburban living arrangement. No motoring, no suburbia. It’s that simple. There was widespread belief among idealistic reformers that suburbia could just be “retrofitted” for “smarter” daily life, but that dream is over. The capital (money) is not there to fix it, and there’s no prospect that we’ll somehow come up with it as far ahead as we can see.

So far, the collapse of suburbia has happened in slow motion, but the pace is quickening now and it’ll get supercharged when the bond markets go down, as they must, considering the country’s catastrophic fiscal circumstances. That will produce exactly the zombie apocalypse telegraphed in all those movies and TV series over recent years: normality overrun by demonic hungry ghosts. Every day in suburbia will be Halloween, and not in a fun way.

All this is apprehended to some degree by the increasingly frightened public, though they have a hard time articulating it within any of the popular frameworks presented by politics, religion, or what appears lately to be extremely corrupt science. The people see what’s coming but they can’t make sense of it, and the stress makes a great many of them insane. Without a way to construct a coherent view of reality, or tell the difference between what’s real and what’s not, they behave accordingly: anything goes and nothing matters.

In the face of all this the two big political parties are helpless and clueless. The Democrats have made themselves into a giant feedback loop amplifying the poor mental health of their constituents. They are in CrazyLand, where there are no boundaries anymore, and to insist that there should be is an affront that gets you cancelled. They are in upside-down inside-out world. Hillary Clinton demonstrated this perfectly the other day on ABC’s The View when she accused her party’s opponents of trying to “do away with elections, trying to do away with the opposition, and do away with a free press….” It’s hard to imagine a more impressive lack of self-awareness.

.@HillaryClinton tells #TheView a win for former Pres. Trump in 2024 "would be the end of our country as we know it." https://t.co/cVclFZQmjA pic.twitter.com/E8tevUoZbs
— The View (@TheView) November 8, 2023

And, of course, they are the party of “Joe Biden,” the moneygrubbing ghoul pretending to be president and pretending to run for another term - with hard evidence of his crimes publicly unspooling day by day now. The Democratic Party will not survive after an election that he runs in, and there is plenty of reason to believe that his regime might cancel or postpone the election on account of some contrived “emergency.”

The Republican Party is also badly splintered. Forces in the party are trying like hell to dissociate from Donald Trump, despite his clear domination in the polling. And another faction led informally by Rep. Matt Gaetz and new speaker Mike Johnson is in active rebellion against the GOP blob cabal around deposed speaker Kevin McCarthy, Senate Minority Leader Mitch McConnell, and the evanescent uber-fool, Mitt Romney.

You may have seen candidate Vivek Ramaswamy go after Republican Party chair Ronna McDaniel (Mitt’s niece) in this week’s debate, a pretty savage attack, but well-earned. Ms. McDaniel has a unique libido for losing elections. She has especially helped deploy money from the GOP campaign war chest against candidates in her own party. The perfidy is quite out of this world. And it looks like the Matt Gaetz/Mike Johnson faction is good and goddam sick of it, too.

The net result of all this internal strife is a party that can’t function as an opposition to the Democratic Party of Chaos. So, chaos reigns for now. Chaos at the border. Chaos in foreign wars. Chaos in government finance. Chaos in the streets and the stores. Chaos in the school curricula. Chaos in the kids’ minds. Chaos in the household. Chaos in the supply chains. You can expect the chaos to really amp up when the financial markets blow and every household mired in debt faces its own margin call - along with every business in America.

Meanwhile, Mr. Trump slogs through an Okeefenokee Swamp of tribulations laid before him like the supernatural character he is. If he gets to the nomination despite it all, and happens to win the election, if there is one, every reptile and rodent will get bum-rushed out of the party and it will be transformed into something new. If not, the brand is finished and many in it will be looking to start a completely different brand."

Oh yeah, the full name of Kunstler's website says it all...

"Massive Price Increases At Walmart! Where Are The Holiday Deals?"

Full screen recommended.
Adventures With Danno, AM 11/10/23
"Massive Price Increases At Walmart! 
Where Are The Holiday Deals?"
"In today's vlog, we are at Walmart and are noticing a very massive amount of price increases on groceries. Originally thinking we would find some great deals, we are running into a huge wave of price increases here at Walmart!"
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Scott Ritter, "What Palestine Did Was Justified! What Israel Did Is Pure Evil!"

Scott Ritter, 11/10/23
"What Palestine Did Was Justified! 
What Israel Did Is Pure Evil!"
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"Red Alert! They're Planning Something Huge; US Plane Shot Down; Iran Mobilizing; Massive Cyberattack"

Full screen recommended.
Canadian Prepper, 11/9/23
"Red Alert! They're Planning Something Huge; 
US Plane Shot Down; Iran Mobilizing; Massive Cyberattack"
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Thursday, November 9, 2023

"Food Shortage Reports & Grocery Items That Are Going Up In Price Right Now!"

Adventures With Danno, PM 11/9/23
"Food Shortage Reports & Grocery Items 
That Are Going Up In Price Right Now!"
"Food shortage reports for November of 2023 and grocery items that are skyrocketing in price. It's getting rough out here as prices continue to rise in the grocery stores and, at the same time, have to deal with more food shortages all around the world!"
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Gerald Celente, "WW3 Heating Up, US Going Down"

Very strong language alert!
Gerald Celente, Trends Journal. 11/9/23
"WW3 Heating Up, US Going Down"
"The Trends Journal is a weekly magazine analyzing global current events forming future trends. Our mission is to present facts and truth over fear and propaganda to help subscribers prepare for what’s next in these increasingly turbulent times."
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"The Downsizing Of America And Your Purchasing Power - The Worst Debt Crisis In History Getting Worse"

Jeremiah Babe, 11/9/23
"The Downsizing Of America And Your Purchasing Power -
 The Worst Debt Crisis In History Getting Worse"
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"Absolute Proof: The Greatest Financial Crisis Of Our Lifetime Is About To Happen"

Full screen recommended.
The Atlantis Report, 11/9/23
"Absolute Proof: The Greatest Financial Crisis
 Of Our Lifetime Is About To Happen"
"In the annals of economic history, there have been moments that have shaped the financial landscape, leaving indelible marks on the global economy. From the Great Depression of the 1930s to the more recent Great Recession of 2008, economic crises have been pivotal events that have affected millions of lives. Now, there is growing concern among experts and analysts that we are on the brink of another financial crisis – one that could potentially dwarf any we've experienced before. There are moments in history when credible sources and compelling data converge to provide what may be considered "absolute proof" that a significant financial crisis is looming on the horizon. This is such a time as that."
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"Kroger Reports Mass Store Closings As America's Biggest Chains Brace For A Deep Dark Winter"

Full screen recommended.
Epic Economist 11/9/23
"Kroger Reports Mass Store Closings As 
America's Biggest Chains Brace For A Deep Dark Winter"

"A new report reveals that Kroger and Albertsons, two of the nation’s biggest grocers, are abandoning hundreds of stores right now. At the moment, U.S. regulators are extremely worried about the emergence of food deserts given that even more shutdowns are expected to occur by 2024. They say multiple communities will lose their local grocery store, while hundreds of thousands of workers will be threatened by mass job cuts.

Both chains have been struggling to compete with giants like Amazon and Walmart over the past few years. In recent months, their financial results have been quite disappointing. Kroger CFO Gary Millerchip admitted that the company expects sales to drop this quarter, predicting further pressure on consumers who are already being squeezed on several fronts due to high prices, debt, and interest rates. Amid such economic challenges, the company’s sales plunged by about $700 million year over year in the third quarter. Now, Kroger is planning to buy Albertsons for nearly 25 billion dollars. The deal is set to close next year. But there’s a whole lot that can go wrong until then, according to regulators. In fact, the merger can either make or break the grocers.

If they do get the approval of the Federal Trade Commission and seal the deal, which seems unlikely at this point, the companies can create the next grocery behemoth in the United States. On the other hand, if they don’t get the approval, the two struggling chains could face huge financial losses that would put their businesses in peril. In both cases, there would be mass store closings and job losses, which are, actually, already in motion. In other to get the approval of the Federal Trade Commission, the grocery retailers agreed to sell 400 stores to C&S Wholesale, the same operator of Piggly Wiggly.

On top of that, it appears that an additional 430 stores are being abandoned by the two chains across 17 U.S. states. The shutdowns are being conducted to ease concerns about their potential control over the grocery market. The biggest issue is that they’re acting before there’s an official confirmation. If the deal doesn’t go through, the loss of retail footprint will likely damage their finances and place them further behind in the grocery market.

Advocates believe the merger would destroy smaller grocery chains, and leave shoppers scrambling with less choice and higher prices. The fact that Kroger and Albertsons have been raising prices faster than their competitors certainly doesn’t help their case. Between June 2020 and June 2023, Kroger prices rose on average by 31%, while at Walmart, prices rose by 28.1% over the same period, with a 0.4% and 0.7% decline in August, and September, respectively.

In the face of all of these issues, several state treasurers are urging the FTC to oppose the merger, citing concerns about a further reduction in employees’ wages. In a letter to FTC, treasurers pointed to an Economic Policy Institute study that found the merger could result in the loss of $334 million in wages for three-quarters of a million grocery workers across more than 50 metro areas. That’s an average annual wage shortfall of about $450 per worker.

All of this means that Kroger and Albertsons may have gone ahead of themselves by selling and shuttering stores before a deal was reached. The companies could be looking at billionaire losses that would completely devastate their grocery business in 2024. Instead of building an empire, they could be setting up their companies for failure. And no matter what the end result will be, everyone will ultimately lose."
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Musical Interlude: Deuter, "Sea and Silence"

Deuter, "Sea and Silence"

"A Look to the Heavens With Chet Raymo"

“Reaching For The Stars”
by Chet Raymo
“Here is a spectacular detail of the Eagle Nebula, a gassy star-forming region of the Milky Way Galaxy, about 7,000 light-years away. This particular spire of gas and dust was recently featured on APOD (Astronomy Picture of the Day). The Eagle lies in the equatorial constellation Serpens. If you went out tonight and looked at this part of the sky - more or less midway between Arcturus and Antares - you might see nothing at all. The brightest star in Serpens is of the third magnitude, perhaps invisible in an urban environment. No part of the Eagle Nebula is available to unaided human vision. How big is the nebula in the sky? Hold a pinhead at arm's length and it would just about cover the spire. I like to think about things not mentioned in the APOD descriptions.

If the Sun were at the bottom of the spire, Alpha centauri, our nearest stellar neighbor, would be about halfway up the column. Sirius, the brightest star in Earth's sky, would be near the top. Let's say you sent out a spacecraft from the bottom of the spire that travelled at the speed of the two Voyager craft that are now traversing the outer reaches of the Solar System. It would take more than 200,000 years to reach the top of the spire.

The Hubble Space Telescope cost a lot of money to build, deploy, and operate. It has done a lot of good science. But perhaps the biggest return on the investment is to turn on ordinary folks like you and me to the scale and complexity of the universe. The human brain evolved, biologically and culturally, in a universe conceived on the human scale. We resided at its center. The stars were just up there on the dome of night. The Sun and Moon attended our desires. "All the world's a stage," wrote Shakespeare, and he meant it literally; the cosmos was designed by a benevolent creator as a stage for the human drama. All of that has gone by the board. Now we can travel in our imagination for 200,000 years along a spire of glowing, star-birthing gas that is only the tiniest fragment of a nebula that is only the tiniest fragment of a galaxy that is but one of hundreds of billions of galaxies we can potentially see with our telescopes.

Most of us still live psychologically in the universe of Dante and Shakespeare. The biggest intellectual challenge of our times is how to bring our brains up to speed. How to shake our imaginations out of the slumber of centuries. How to learn to live purposefully in a universe that is apparently indifferent to the human drama. How to stretch the human story to match the light-years.”

The Poet: Barbara Crooker, "In the Middle..."

"In the Middle..."

"In the middle
of a life that's as complicated as everyone else's,
struggling for balance, juggling time.
The mantle clock that was my grandfather's
has stopped at 9:20; we haven't had time
to get it repaired. The brass pendulum is still,
the chimes don't ring. One day you look out the window,
green summer, the next, and the leaves have already fallen,
and a grey sky lowers the horizon. Our children almost grown,
our parents gone, it happened so fast. Each day, we must learn
again how to love, between morning's quick coffee
and evening's slow return. Steam from a pot of soup rises,
mixing with the yeasty smell of baking bread. Our bodies
twine, and the big black dog pushes his great head between;
his tail is a metronome, 3/4 time. We'll never get there,
Time is always ahead of us, running down the beach, urging
us on faster, faster, but sometimes we take off our watches,
sometimes we lie in the hammock, caught between the mesh
of rope and the net of stars, suspended, tangled up
in love, running out of time."

~ Barbara Crooker

"We Have The Power..."

“Every day, I saw more evidence about the evils humankind will inflict on their fellow humans to gain or maintain power. What is more, those who choose not to empathize may enable real monsters. For without ever committing an act of outright evil ourselves, we collude with it through our own apathy. If you choose to use your status and influence to raise your voice on behalf of those who have no voice; if you choose to identify not only with the powerful, but with the powerless; if you retain the ability to imagine yourself into the lives of those who do not have your advantages, then it will not only be your proud families who celebrate your existence, but thousands and millions of people whose reality you have helped transform for the better. We do not need magic to change the world, we carry all the power we need inside ourselves already: we have the power to imagine better.”
– J. K. Rowling, Harvard Commencement, June 5, 2008

"Life is A Journey - Don't Be Afraid"

"Life is A Journey - Don't Be Afraid"
Author Unknown

"Life is a journey filled with lessons, hardships, heartaches, joys, celebrations and special moments that will ultimately lead us to our destination, our purpose in life. The road will not always be smooth; in fact, throughout our travels, we will encounter many challenges. Some of these challenges will test our courage, strengths, weaknesses, and faith. Along the way, we may stumble upon obstacles that will come between the paths that we are destined to take. In order to follow the right path, we must overcome these obstacles. Sometimes these obstacles are really blessings in disguise, only we don't realize that at the time.

Along our journey we will be confronted with many situations, some will be filled with joy, and some will be filled with heartache. How we react to what we are faced will determine what kind of outcome the rest of our journey through life will be like. When things don't always go our way, we have two choices in dealing with the situations. We can focus on the fact that things didn't go how we had hoped they would and let life pass us by, or two, we can make the best out of the situation and know that these are only temporary setbacks and find the lessons that are to be learned.

Time stops for no one, and if we allow ourselves to focus on the negative we might miss out on some really amazing things that life has to offer. We can't go back to the past, we can only take the lessons that we have learned and the experiences that we have gained from it and move on. It is because of the heartaches, as well as the hardships, that in the end help to make us a stronger person.

The people that we meet on our journey, are people that we are destined to meet. Everybody comes into our lives for some reason or another and we don't always know their purpose until it is too late. They all play some kind of role. Some may stay for a lifetime; others may only stay for a short while. It is often the people who stay for only a short time that end up making a lasting impression not only in our lives, but in our hearts as well. Although we may not realize it at the time, they will make a difference and change our lives in a way we never could imagine. To think that one person can have such a profound effect on your life forever is truly a blessing. It is because of these encounters that we learn some of life's best lessons and sometimes we even learn a little bit about ourselves.

People will come and go into our lives quickly, but sometimes we are lucky to meet that one special person that will stay in our hearts forever no matter what. Even though we may not always end up being with that person and they may not always stay in our life for as long as we like, the lessons that we have learned from them and the experiences that we have gained from meeting that person, will stay with us forever.

It's these things that will give us strength to continue with our journey. We know that we can always look back on those times of our past and know that because of that one individual, we are who we are and we can remember the wonderful moments that we have shared with that person. Memories are priceless treasures that we can cherish forever in our hearts. They also enable us to go on with our journey for whatever life has in store for us. Sometimes all it takes is one special person to help us look inside ourselves and find a whole different person that we never knew existed. Our eyes are suddenly opened to a world we never knew existed- a world where time is so precious and moments never seem to last long enough.

Throughout this adventure, people will give you advice and insights on how to live your life but when it all comes down to it, you must always do what you feel is right. Always follow your heart, and most importantly never have any regrets. Don't hold anything back. Say what you want to say, and do what you want to do, because sometimes we don't get a second chance to say or do what we should have the first time around.

It is often said that what doesn't kill you will make you stronger. It all depends on how one defines the word "strong". It can have different meanings to different people. In this sense, "stronger" means looking back at the person you were and comparing it to the person you have become today. It also means looking deep into your soul and realizing that the person you are today couldn't exist if it weren't for the things that have happened in the past or for the people that you have met. Everything that happens in our life happens for a reason and sometimes that means we must face heartaches in order to experience joy."
- Author Unknown, found here: 
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"I Can't Convince Myself..."

"I can't convince myself that it does much good to try to challenge the everyday political delusions and dementias of Americans at large. Their contained and confined mentalities by far prefer the petty and parochial prisons of the kind of sense they have been trained and rewarded for making out of their lives (and are punished for deviating from them). What it costs them ultimately to be such slaves and infants and ideological zombies is a thought too monstrous and rending and spiky for them even to want to glance at."
- Kenneth Smith

"If you want to tell people the truth,
make them laugh, otherwise they'll kill you."
- Oscar Wilde

"We All Know..."

“We all know that something is eternal. And it ain’t houses and it ain’t names, and it ain’t earth, and it ain’t even the stars… everybody knows in their bones that something is eternal, and that something has to do with human beings. All the greatest people ever lived have been telling us that for five thousand years and yet you’d be surprised how people are always losing hold of it. There’s something way down deep that’s eternal about every human being.”
- Thornton Wilder
“I believe that imagination is stronger than knowledge.
That myth is more potent than history.
I believe that dreams are more powerful than facts.
That hope always triumphs over experience.
That laughter is the only cure for grief.
And I believe that love is stronger than death.”
- Robert Fulghum
“For Those Who Have Died”
“Eleh Ezkerah” (“These We Remember”)

“Tis a fearful thing
To love
What death can touch.
To love, to hope, to dream,
And oh, to lose.
A thing for fools, this,
Love,
But a holy thing,
To love what death can touch.
For your life has lived in me;
Your laugh once lifted me;
Your word was a gift to me.
To remember this brings painful joy.
Tis a human thing, love,
A holy thing,
To love
What death can touch.”
- Chaim Stern
Graphic: “Into The Silent Land”, 
by Henry Pegram, 1905
“We are travelers on a cosmic journey, stardust, swirling and dancing in the eddies and whirlpools of Infinity. Life is Eternal. We have stopped for a moment to encounter each other, to meet, to love, to share. This is a precious moment. It is a little parenthesis in Eternity.”
- Paulo Coelho

“Don't cry because it's over, smile because it happened.”

- Dr. Seuss


And we shall meet again…
Full screen recommended.
Moody Blues, “The Day We Meet Again”

The Daily "Near You?"

Rock Port, Missouri, USA. Thanks for stopping by!

"The Level Of Intelligence..."

"If man were relieved of all superstition, and all prejudice, and had replaced these with a keen sensitivity to his real environment, and moreover had achieved a level of communication so simplified that one syllable could express his every thought, then he would have achieved the level of intelligence already achieved by his dog."
- Robert Brault

"US Debt Doom Cycle Tipping Point Shattered As Annual Interest Exceeds $1 Trillion"

"US Debt Doom Cycle Tipping Point
Shattered As Annual Interest Exceeds $1 Trillion"
by Mike Adams

"For the first time in history, US debt is so huge that the government must now spend a trillion dollars a year just to pay the interest on the debt (which is over 33 trillion and counting).Within just one year, the total US debt will be 41 trillion. And by the end of 2026, it will likely hit 50 trillion (if the country is even functioning by then). The currency collapse is accelerating towards us at unprecedented speed. We all need to be aware of what's actually happening and be fully prepared for supply chain disruptions, bank bail-ins and desperate times ahead."
View video on Brighteon here:
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"Judge Napolitano - Judging Freedom, 11/9/23"

Judge Napolitano - Judging Freedom, 11/9/23
"Prof. Jeffrey Sachs: The Dangers of Unbridled War"
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Judge Napolitano - Judging Freedom, 11/9/23
"Alastair Crooke: 
Israel vs Gaza: The Elephant In The Room"
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Judge Napolitano - Judging Freedom, 11/8/23
"Phil Giraldi (fmr CIA): 
Unpardonable and Unpunishable War Crimes"
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"How It Really Is"

 

Bill Bonner, "The Next Surprise"

"The Next Surprise"
And the big question that keeps us up late at night...
by Bill Bonner

Paris, France - "Where will the next surprise come from? What will cause the next Big Loss? Here’s the latest, from MarketsInsider: "Wall Street thought 2023 would be "the year of the bond" – and while that's yet to come about, the past few weeks have finally brought some good news for fixed income after a nightmarish run since the start of the pandemic. US Treasury prices have staged a mini-comeback, and benchmark 10-year yields have started to cool off after spiking to a 16-year high of 5% in mid-October."

Everyone knows the Fed has finished its rate tightening. Everyone knows it will lower rates in the spring. Everyone knows you ‘can’t fight the Fed.’ And everyone knows that lower rates will bring higher bond prices. So…everyone knows bonds are safe again. And higher yields make them attractive.

Here’s more from Bloomberg: "Junk Bonds Yielding Over 10% Hit $325 Billion, Tempting Investors. Bonds yielding at least 10% grew by about $45 billion to $325 billion, or about 30% of the speculative-grade index, according to Bloomberg Intelligence analyst Mike Holland. Almost $139 billion of that lot come from the communications sector, which includes the likes of Altice USA Inc. and Dish Network Corp. As the highest-yielding junk sector, it trades at a yield [over 12%]." Just last week, a private borrower offered us a 10% yield on a short-term loan. We took the money.

A $10 Trillion Loss: But does this mean that the Primary Trend has turned? Is it an opportunity…or a trap? “Yep,” says Dan out in Laramie, “that’s the question that keeps us up at night.” It keeps us up because US bonds are where the big money is. There’s $33 trillion outstanding in US government bonds alone. If the next three years were like the last three, it would mean another 17% loss on the bonds themselves…along with an inflationary loss of 16% loss on the money they’re calibrated in (dollars). That would be a total loss of 33% – or more than $10 trillion. That’s a Big Loss.

These are not NFTs we’re talking about. Or cryptos. Or even ‘junk’ bonds. These are the safest credits in the world…the building blocks of the whole financial capital structure. They undergird values in insurance plans…pension programs…bank reserves and corporate treasuries. Even the Fed counts its assets in US bonds.

And maybe everyone is right: bonds are safe from here on out. But what a surprise it would be if they weren’t! As we discussed yesterday, there’s a time to be a lender and a time to be a borrower. There is also a time to neither borrower nor lender be; this might be one of those times. After such an impressive sell-off, it is probably a good bet that interest rates will dip and bond prices will rise. Inflation readings are generally going down. The Fed is ‘pausing.’ Everybody knows the tightening cycle is over. But there’s gotta be a big surprise coming from somewhere. What a pity if it came – again – to the US bond market. Is that possible? Maybe…

A Temporary Truce: First, inflation is not finished. It was never ‘transitory.’ And it was not just the result of the Fed’s 2020-21 printing spree. Prices are determined by balancing output against the quantity of money ready and willing to purchase it. While not predictable with any precision, it is still a good bet that when output goes down and spending goes up, prices will rise.

US trade policies, sanctions, work rules…regulations, taxes and intercessions – and the dead weight of debt itself – all restrict output. Real output – measured by the number of hours people actually work – is rising at less than half the rate of the 20th century. And though the feds may have declared a temporary truce on their monetary inflation, they’ve increased inflation pressures on the fiscal front. So while the quantity of lendable money is restrained, the world’s biggest borrower – the US government – spends more money than ever.

The latest jackassery from the Biden Team is that sending weapons to the Ukraine and Israel is ‘good for the economy.’ But unless you are in the market for a Lockheed Martin F-35 fighter jet, the extra money to the firepower industry just reduces investment and output in the consumer economy. Prices go up, in other words.

And so do interest rates. Money wasted on bombs is not available to buy Treasury debt. In addition to the new, two-trillion-dollar deficits that must be financed out of savings, there is also the old debt that must be refinanced. There is $7.6 trillion in Treasury debt that will mature in the next 12 months. That will bring the total funding requirement to nearly $10 trillion. Whatever else might happen as a result, interest rates will probably go up. If that is so…could lenders be in for another Big Loss on their bonds? Maybe. Our advice, keep the loans short term."

Note from the Research Desk: The United States has a sovereign debt-to-GDP ratio of 123.3%. In the developed world, only Italy at 143.3% and Japan at 255.2% have more debt relative to GDP. Sudan has a ratio of 256%. In the last 120 years, research shows that countries with debt-to-GDP ratios of over 130% default on their debt 98% of the time.

Dan, I Allegedly, "The Debt Wall Crisis Will Hit Us All"

Full screen recommended.
Dan, I Allegedly, AM 11/9/23
"The Debt Wall Crisis Will Hit Us All"
"This video breaks down how the mounting debt crisis, especially in the realm of commercial real estate, is setting the stage for major consequences. The average commercial building value has fallen by 21% in the last year, and interest rates have doubled, making refinancing a nightmare. But don't be fooled into thinking this won't affect you if you don't own commercial real estate. This financial turmoil is set to ripple through banks, affecting everyone."
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Adventures With Danno, "Stock Up Now At Kroger! "

Full screen recommended.
Adventures With Danno, AM 11/9/23
"Stock Up Now At Kroger!
Massive Holiday Sale, Don't Miss This!"
"In today's vlog, we are at Kroger and urging everyone to stock up on these items. They are having a massive holiday sale on groceries. We take you with us showing every great deal they have to offer. Stock up now as we may never see these kinds of sales again!"
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Gregory Mannarino, "Expect More War And More Death"

Gregory Mannarino, AM 11/9/23
"Expect More War And More Death,
Also Expect The Stock Market Will Go Higher As A Result"
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"U.S. Banks Are Sitting On $650 Billion In Unrealized Losses, And That Means Disaster Is Just A Bank Run Away"

"U.S. Banks Are Sitting On $650 Billion In Unrealized Losses,
 And That Means Disaster Is Just A Bank Run Away"
by Michael Snyder

"Our economy runs on credit, and our banks are the beating heart of that system. Without healthy banks, how would Americans buy homes, purchase vehicles or get credit cards? The way that our system is currently constructed, it is absolutely imperative for our banks to function properly. Unfortunately, the truth is that our banks have gotten into deep financial trouble. They are sitting on hundreds of billions of dollars in unrealized losses, and the primary reason why those losses have become so large is because we have witnessed a historic bond market crash over the past several years…

"Treasury bonds - debt instruments the government issues to fund its spending - have been on a nightmarish run since the onset of the pandemic, with investors fretting about rising interest rates and the long-term viability of the US’s massive deficit. BlackRock’s iShares 20+ Year Treasury fund, which tracks longer-duration debt prices, has plunged 48% since April 2020."

Thanks to that historic bond market crash, our financial institutions were sitting on 650 billion dollars in unrealized losses as of September 30th…"As a result of that sell-off, some of the US’s biggest banks are now sitting on unrealized, or “paper,” losses worth hundreds of billions of dollars. That means the value of their bond holdings has plunged, but they’ve chosen to hold on rather than offload their investments.

Moody’s estimated last month that US financial institutions had racked up $650 billion worth of paper losses on their portfolios by September 30 - up 15% from June 30. The ratings agency’s data still doesn’t account for a hellish October where the longer-term collapse in bond prices spiraled into one of the worst routs in market history."

Go back and read that last sentence again. After what we witnessed during the month of October, what is the real number now? Has it surpassed 700 billion dollars? Has it surpassed 800 billion dollars? Nobody really knows. However, what we do know is that we have never seen anything like this before.

The good news is that there won’t be a major problem in the short-term unless there is a run on the banks. But if there is a run on the banks, the banks that are affected will need to start selling off their bonds at a huge loss, and that would be a nightmare…"While they are generally purchased and intended to be held until they mature, if banks experience a surge of withdrawals – a run on the bank – they may need to sell them. That is what happened to Silicon Valley Bank earlier this year. The bank was forced to sell those bonds as its depositors sought to withdraw funds."

So as long as everyone has faith in the banks, things won’t get too crazy. Hopefully that will remain the case for quite a while, because right now our largest banks are a ticking time bomb…"Bank of America is the big lender worst affected by the crash in bond prices, having disclosed a potential $130 billion hole in its balance sheet last month. The other “Big Four” banks - Citigroup, JPMorgan Chase, and Wells Fargo - have also racked up unrealized losses in the tens of billions, according to their second- and third-quarter earnings reports.

Just a few days ago, we witnessed the sixth bank failure this year. The combined assets of those six banks actually exceed the combined assets of the 25 banks that failed in 2008. And as James Rickards has aptly noted, more bank failures are coming…"I warned in March that the failure of Silicon Valley Bank would be just the start. Now we’ve had five additional bank failures. And this latest failure won’t be the last. Veterans of such crises (and I include myself in that category) know that once the dominoes start falling, they keep falling until some government intervention of a particularly draconian kind is imposed."

Meanwhile, the overall economy continues to steadily deteriorate. According to Challenger, Gray & Christmas, the number of retail layoffs has jumped 258 percent compared to the same time period last year…"Amid the early holiday shopping season, retailers have cut 72,182 jobs through October, a 258% increase from the 20,191 jobs eliminated in 2022, according to a new report from Challenger, Gray & Christmas. This marks the most significant number of job cuts since retailers cut 179,520 jobs in October 2020.

Over the past few years, economic conditions have just gotten harsher and harsher. It has been a slow, steady slide that now threatens to turn into an avalanche. According to a new poll that was just conducted by Bankrate, the American people don’t feel too good about the economic changes that we have witnessed since Joe Biden entered the White House. "A new survey published by Bankrate on Wednesday shows that 50% of Americans say their financial situation has gotten worse since the 2020 presidential election. By comparison, just 21% think their financial situation has improved, while 26% believe it is unchanged."

“The plight of the economy over the next 12 months may help to dictate whether it was wise, or not, for President Biden to trumpet the branding of ‘Bidenomics,’” said Mark Hamrick, senior economic analyst at Bankrate. Among Americans who are feeling pessimistic about their financial outlook, about half - 45% - blame Biden and his economic policies. Another 35% think that Congress is responsible, while 27% identified the Federal Reserve as the culprit.

But as bad as things are right now, the truth is that what we are experiencing at this moment will be considered rip-roaring prosperity compared to what is coming. As I discuss in my brand new book entitled “Chaos”, we are on the brink of an economic shaking that will be unlike anything that our nation has ever seen before. America is literally drowning in debt, the value of our currency is being destroyed, and now our financial system stands of the brink of an unprecedented crisis. So I hope that you are prepared for what is coming next. Unfortunately, the vast majority of the population is not."

Wednesday, November 8, 2023

"Credit Crisis Is Now Causing A Tsunami Of Bankruptcies, Banks Send Warning"

Full screen recommended.
The Atlantis Report, 11/8/23
"Credit Crisis Is Now Causing A Tsunami 
Of Bankruptcies, Banks Send Warning"
"U.S. banks are taking defensive measures to secure their financial stability. The collapse of three regional banks and a series of rate hikes by the Federal Reserve have added to the uncertainty. As a result, more lenders have tightened their lending standards, as revealed by the Federal Reserve's Senior Loan Officer Opinion Survey. The tightening of lending standards, even before the full impact of the regional banking crisis, is likely to slow down the flow of credit to small businesses and households. Small businesses and marginal households, in particular, are sensitive to changes in the cost and availability of credit, given their limited financial resources and borrowing options."
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Musical Interlude: Liquid Mind, “Shadows of White”

Liquid Mind, “Shadows of White”

"A Look to the Heavens"

"The dream was to capture both the waterfall and the Milky Way together. Difficulties included finding a good camera location, artificially illuminating the waterfall and the surrounding valley effectively, capturing the entire scene with numerous foreground and background shots, worrying that fireflies would be too distracting, keeping the camera dry, and avoiding stepping on a poisonous snake. Behold the result - captured after midnight in mid-July and digitally stitched into a wide-angle panorama. 
Click image for larger size.
The waterfall is the picturesque Zhulian waterfall in the Luoxiao Mountains in eastern Hunan Province, China. The central band of our Milky Way Galaxy crosses the sky and shows numerous dark dust filaments and colorful nebulas. Bright stars dot the sky - all residing in the nearby Milky Way - including the Summer Triangle with bright Vega visible above the Milky Way's arch. After capturing all 78 component exposures for you to enjoy, the photographer and friends enjoyed the view themselves for the rest of the night."