"Truth above all, though the heavens may fall!" -- Michael Rivero

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All over the United States, major cities are descending into a state of chaos.  Every day, more migrants that came pouring through our wide open borders arrive in our inner cities, and many of them end up joining gangs or selling drugs.  Meanwhile, more of our young people get hooked on drugs with each passing day.  In the worst areas, you can see hordes of them literally staggering around like zombies because they have been drugged out of their minds.  All of this addiction is fueling an unprecedented homelessness crisis.  In fact, the Wall Street Journal

China’s property sector has yet to see the worst of the crisis that has cast a pall over the nation’s economy and helped drive an exodus of global funds from the world’s second-largest stock market.

That’s the view from nine of 15 respondents in an informal Bloomberg News survey of analysts and money managers based in Hong Kong and mainland China. Six of them listed housing woes as the biggest risk for equities for the final quarter of 2023, followed by geopolitical tensions.

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Morgan Stanley US equity strategist Michelle Weaver joins a growing number of Wall Street analysts warning about deteriorating conditions for consumers. Weaver wrote in a recent note to clients that travel companies exposed to "lower-income consumers" are beginning to experience "demand weakness." 

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In December, Energy Secretary Granholm announced that the administration had taken 110 actions on energy efficiency standards in 2022 alone...and are moving forward with rules impacting dozens more appliances.

The Joe Biden administration continues to use executive authority to regulate popular household appliances at an unprecedented level, with claims that their changes will save consumers money and help slow climate change and its alleged effects on the environment.

The Yuan is Coming Out

Pursuant to its responsibilities in the BRICS community as well as its own national goals, it is believed China has taken the position it must finally internationalize its currency more. Until recently, internationalization of the Yuan was a non-starter in China. Yet, as of June 2023, the PBOC began taking public steps to make the Yuan internationally ready.

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In a 88-9 vote the Senate passed a stopgap measure that will temporarily prevent a government shut down for 45 days.

The vote concluded with just three hours to spare before the fiscal year ends.

The short term spending bill also known as continue resolution was passed by the House earlier in the evening in a 335-91 vote.

Every major economic downturn of the last 110 years bears the mark of the Federal Reserve.

In fact, as long as the Fed has been around, it has swung the economy between inflation and recession. Yet Americans, surprisingly, have tolerated it.

Great little docu-narration here, quite old but so important to unterstand the geopolitical and financial system history therein! Since found the guys who made it - Michael Rivero / Zane Henry here at https://whatreallyhappened.com/ !

Ukraine will set up a new defense fund that includes seized Russian assets among its primary sources of financing, Ukrainian President Vladimir Zelensky has announced.

The move is aimed at providing authorities in Kiev with “additional resources” to boost military production, create new defense programs and support the country’s troops, Zelensky said, speaking on Friday at the first International Defense Industries forum in the Ukrainian capital.