Private equity funds poured billions of dollars into the housing market since the COVID era began, buying up tens of thousands of single-family homes in a trend we documented in articles such as “Rents Soar as Investors Buy Properties and Raise Rates” (14 Sep 2021) and “Homes Sales Up as Money Gang Gobbles Up Houses” (23 Nov 2021).
ECONOMIC UPDATE – MARKET OVERVIEW
It’s all about the bottom line. And since the Panic of ’08 when the Bankster Gangsters began a scheme called quantitative easing and shrunk interest rates to negative and zero rates...the bottom line was cheap money printed out of thin air and backed by nothing that artificially drove up U.S. and European economies.
A COMMODITY SUPER-SPIKE IS COMING. ARE YOU READY FOR IT?
While it is certainly no secret that today the cost of living is continuing to increase at an alarming pace, what lies just around the corner is much more menacing—and there is no way to stop it.
U.S. GOES FROM CAPITALISM TO CORPORATISM
Northvolt, Europe’s premier maker of batteries for electric vehicles (EVs), is looking to expand its presence in the U.S., lured by at least $369 million in financial incentives offered through the Inflation Reduction Act (IRA) to build a factory here, compared to Germany’s offer of about €155 million, the Financial Times reported.
“REPLACISM” PART OF ELITE WAR ON THE MIDDLE CLASS
NY Senate Major Leader Chuck Schumer recently admitted America is demographically dying.
U.S. MORE WEAPONS OF DEATH TO UKRAINE, NO PEACE
To keep the weapons flowing into Ukraine, the U.S. Department of Defense announced last week that it authorized a presidential drawdown valued at up to $400 million, which is the 26th drawdown since August 2021.
GET THE VAX, DIE FROM COVID? READ THE STUDY
A new study found that 58 percent of those in the U.S. who died from COVID-19 in August had followed the government orders and received their vaccinations or had a booster jab.
SPOTLIGHT: THE STRUGGLE OVER INTEREST RATES
As we have greatly detailed, the rise and fall of interest rates is a guessing game since facts do not matter. Again, the facts were clear, front and center: Inflation was spiking but the Central Banksters defamed those of us who said it was real and rising and instead declared it was only “temporary” and then “transitory.”
GHANA ASKS TO RESTRUCTURE DEBT TO STAVE OFF DEFAULT
The African nation of Ghana is asking foreign bondholders to swallow losses of as much as 30 percent of principal and forgive interest payments for three years as it tries to qualify for a loan from the International Monetary Fund, Bloomberg reported.
PLAN TO LIMIT RUSSIAN OIL PRICE MIRED IN DEBATE
While European nations argue among themselves about capping natural gas prices, they also are at odds with each other over limiting the price that countries can pay for oil they import from Russia.
NETANYAHU’S COALITION MAKES DEAL WITH CONVICTED RACIST TO STAMP DOWN PALESTINIANS
Benjamin Netanyahu’s Likud party signed a coalition agreement with the country’s Jewish Power party that was widely seen as a death blow to any chance of peace between Israelis and Palestinians.
ILLEGALLY IN SYRIA, U.S. CONDEMNS ROCKET ATTACK ON ITS SYRIAN BASE
U.S. Central Command condemned a recent rocket attack on a U.S. base in Syria as Turkey carries out bombing campaigns targeting Kurdish-controlled towns in retaliation to a terror bombing earlier this month in Istanbul that killed six, including children.
ECONOMIC UPDATE – MARKET OVERVIEW
It’s all about the bottom line. And since the Panic of ’08 when the Bankster Gangsters began a scheme called quantitative easing and shrunk interest rates to negative and zero rates...the bottom line was cheap money printed out of thin air and backed by nothing that artificially drove up U.S. and European economies.
A COMMODITY SUPER-SPIKE IS COMING. ARE YOU READY FOR IT?
While it is certainly no secret that today the cost of living is continuing to increase at an alarming pace, what lies just around the corner is much more menacing—and there is no way to stop it.
U.S. GOES FROM CAPITALISM TO CORPORATISM
Northvolt, Europe’s premier maker of batteries for electric vehicles (EVs), is looking to expand its presence in the U.S., lured by at least $369 million in financial incentives offered through the Inflation Reduction Act (IRA) to build a factory here, compared to Germany’s offer of about €155 million, the Financial Times reported.
“GOOEY” EV BATTERY SLASHES MANUFACTURING COSTS
A new way of making EV batteries could whack as much as 40 percent off manufacturing costs, according to 24M Technologies, a start-up commercializing the design developed at the Massachusetts Institute of Technology.
NEW WAY TO CHARGE EV BATTERIES COULD EXTEND LIFE BY 20 PERCENT
EV battery packs usually last through at least 200,000 miles. That’s a good thing because replacing them can cost anywhere from $3,000 for a Hyundai Ioniq to more than $23,000 for a Volkswagen e-Golf.
MAJOR EV MAKERS ADOPT CHEAPER BATTERY FORMULA TO CUT CAR PRICES
Ford Motor Co., truck maker Rivian, and trendsetter Tesla are among Western auto makers that are switching their electric vehicle (EV) battery recipes.