Economy

Fed Engages In Shocking Seasonal Adjustments To Convert $28BN Bank Deposit Outflow Into $102BN Inflow

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– Fed Engages In Shocking Seasonal Adjustments To Convert $28BN Bank Deposit Outflow Into $102BN Inflow:

Tl; dr: The Fed reportts that domestic (large and small) commercial banks saw NSA flows of -$28.4 billion, while SA flows were +$102.5 billion!

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U.S. Food Production Has Taken A Very Dangerous Turn In The Wrong Direction

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– U.S. Food Production Has Taken A Very Dangerous Turn In The Wrong Direction:

If farmers and ranchers don’t produce enough food, we don’t eat.

So we should always be very thankful for our hard working farmers and ranchers.  Unfortunately, farms and ranches all over the United States have been hit by a string of disasters in recent months, and as a result food production has taken a turn for the worse.  So does that mean that we should expect that there will soon be shortages of certain items?  Unfortunately, it appears that is likely to be the case.  For example, it is being reported that approximately 90 percent of Georgia’s peach crop for this year has been destroyed…

Read moreU.S. Food Production Has Taken A Very Dangerous Turn In The Wrong Direction

All New US Jobs Since The Covid Crash Have Gone To Foreign-Born Workers

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– All New US Jobs Since The Covid Crash Have Gone To Foreign-Born Workers:

We live in a strange time, one where the formerly unthinkable – skepticism among the “very serious people” about government data veracity – has become mundane. And yet even though numerous bank analysts and strategists, and this site of course, have repeatedly raised questions and concerns about the credibility of the most important US economic data – the monthly jobs report – nothing ever changes and if it does, it comes in the form of periodic “seasonal adjustment” resets where we “learn” that all the data that guided markets and central banks, had been fake, manipulated wrong for years.

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A Nation of Junkies: The Empty Future of a Stimulus-Speculation Economy

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– A Nation of Junkies: The Empty Future of a Stimulus-Speculation Economy:

Now that the US economy is totally dependent on trillions of dollars in stimulus and speculative gains reaped from the stimulus, there is no Real Economy left to pick up the pieces when the credit-stimulus-speculation bubbles all pop…

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Seattle Amazon Employees Protest Returning To The Office Due To “Climate Change”

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– Seattle Amazon Employees Protest Returning To The Office Due To “Climate Change”:

Amazon employees protested by the hundreds during a lunchtime demonstration in Seattle on Wednesday after the company brought back in-person requirements for three days a week. 

Truly, having to drive to work for three days must be a harrowing experience with much struggle and hardship, but not long ago Americans were actually expected to go to the office for at least five days a week.  Is three days of responsibility really too much for Seattle progressives?  

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Carbon Footprint Of Lab-Grown Beef “Orders Of Magnitude” Worse Than Traditionally Raised: Study

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And it will give people cancer as a bonus.

So what’s not to like from an elite depopulation perspective?

– Carbon Footprint Of Lab-Grown Beef “Orders Of Magnitude” Worse Than Traditionally Raised: Study:

A new study from the University of California, Davis, has found that lab-grown, or “cultivated” meat’s environmental impact is likely to be “orders of magnitude” higher than retail beef based on current and near-term production methods.

The preprint study, which has yet to undergo peer review, concludes that the energy needed and greenhouse gasses emitted during all stages of production of lab-grown meat is far greater than traditionally raised beef.

Researchers conducted a life-cycle assessment of the energy needed and greenhouse gases emitted in all stages of production and compared that with beef. One of the current challenges with lab-grown meat is the use of highly refined or purified growth media, the ingredients needed to help animal cells multiply. Currently, this method is similar to the biotechnology used to make pharmaceuticals. This sets up a critical question for cultured meat production: Is it a pharmaceutical product or a food product? –UC Davis

“If companies are having to purify growth media to pharmaceutical levels, it uses more resources, which then increases global warming potential,” according to lead author and doctoral graduate Derrick Risner, of the US Davis Department of Food Science and Technology. “If this product continues to be produced using the “pharma” approach, it’s going to be worse for the environment and more expensive than conventional beef production.”

Read moreCarbon Footprint Of Lab-Grown Beef “Orders Of Magnitude” Worse Than Traditionally Raised: Study

Chick-fil-A Faces Growing Backlash Over ‘Diversity, Equity, And Inclusion’ Efforts

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– Chick-fil-A Faces Growing Backlash Over ‘Diversity, Equity, And Inclusion’ Efforts:

Authored by Jack Phillips via The Epoch Times (emphasis ours),

Some conservatives have suggested a boycott of Chick-fil-A after the fast-food chain was discovered to have a vice president of “diversity, equity, [and] inclusion,” or DEI.

In a previously issued Chick-fil-A news release, the company said that Erick McReynolds serves as its vice president of DEI, saying: “Chick-fil-A restaurants have long been recognized as a place where people know they will be treated well. Modeling care for others starts in the restaurant, and we are committed to ensuring mutual respect, understanding, and dignity everywhere we do business.”

Read moreChick-fil-A Faces Growing Backlash Over ‘Diversity, Equity, And Inclusion’ Efforts

Target: CEI Score 100 – $10 Billion Gone in 10 Days

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– Target: CEI Score 100 – $10 Billion Gone in 10 Days:

Target achieved a 100% score on the Corporate Equality Index (CEI) in 2022, and was rated #4 by the Human Rights Campaign for being one of the wokest companies. This arbitrary social credit score goes against American values and people are protesting with their dollars. Target managed to lose $10 billion in ten days after the public became aware of their aggressive rainbow marketing campaign geared toward children. Will Target become the next Bud Light?

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Major Grocery Chain Struggles To Survive Amid Wave Of Thefts

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– Major Grocery Chain Struggles To Survive Amid Wave Of Thefts:

A grocery chain which operates primary on the East Coast says it’s taking measures to stay in business amid rampant retail theft and crime across the US.

Giant Food, which operates over 160 locations across DC, Delaware, Maryland and Virginia, has begun restricting entry and exit points, beefing up store security (some armed), displaying fewer high-dollar items on shelves, and reducing the number of self-checkout items, company CEO Ira Kress told the Washington Post.

According to Kress, retail theft has increased “tenfold in the last five years,” which is not “an understatement,” while violence has “increased exponentially.”

Read moreMajor Grocery Chain Struggles To Survive Amid Wave Of Thefts

This Is The End Of A Mega-Cycle

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– This Is The End Of A Mega-Cycle:

Have we finally reached the end of the road?  When it comes to the economy, most of us focus on short-term cycles.  In recent years there have been times when the economy has been growing and there have been times when the economy has been shrinking, but all of those short-term fluctuations have happened in the context of a long-term trend of debt-fueled “growth”.  We have been relentlessly stealing from the future in order to make the present more pleasant, and most of us pretend that the piper will never have to be paid.  But of course the truth is that a day of reckoning is fast approaching, and that day of reckoning is going to be immensely painful.

Earlier today, I came across a tweet by End Wokeness that really does a great job of pointing out the harsh reality of what we are facing…

US national debt, 1960: $286 billion
US national debt, 2023: $31.4 trillion

Are our roads better?
Are our streets safer?
How about healthcare?
Is it easier to raise a family?
Did we improve our schools?

If not, then what the hell did they do with that $31,124,000,000,000?

I can actually answer that last question.

Read moreThis Is The End Of A Mega-Cycle

The Suffering Is Off The Charts

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– The Suffering Is Off The Charts:

Things have taken a turn for the worse.  In recent months, economic activity has been dropping all over the nation, and that decline appears to be accelerating.  We just learned that gross domestic income has now fallen for two quarters in a row, and the Conference Board’s index of leading economic indicators has now been plummeting for 13 consecutive months.  Unfortunately, when economic conditions deteriorate it is the people at the low end of the economic pyramid that get hit the hardest.

Thanks to our rapidly rising cost of living, we are seeing a dramatic explosion in the number of “working homeless” that are living out of their vehicles on a daily basis even though they are currently employed.

In particular, the RV “communities” that are springing up from coast to coast are starting to get quite a bit of attention…

Read moreThe Suffering Is Off The Charts

There’s no bigger bomb that any enemy can drop on the USA today than the one that our own political leaders just dropped ON THIS PAST MEMORIAL DAY WEEKEND!

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– WRONG!!! TREASONOUS & SINISTER!:

There’s no bigger bomb that any enemy can drop on the USA today than the one that our own political leaders just dropped ON THIS PAST MEMORIAL DAY WEEKEND!

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