(Bethany Blankley) Oil and gas supply is too low to meet U.S. demand, due to a combination of factors, including halting of new leases on federal land, halting the Keystone Pipeline, and increasing regulatory burdens, industry analysts argue.
Economy
Gold In A Tax-Sheltered Account? What Big Banks Don’t Want You To Know
(The Gateway Pundit) Big banks and the IRS want you to think, the only way to save for retirement is to load up on stocks – and feed the Wall Street beast.
Supply Chain Shortages: How to Prep & CREATE Your Own Supply Chains
(Daisy Luther) The supply chain shortages have gotten so real that there’s pretty much no way even the most fervent bury-er-of-one’s-head-in-the-sand can ignore them. A stop at nearly any store in the country shows bare spots on shelves that used to be stocked to the point of overflowing. So, what’s a prepper to do if they want to get ready for things to get even worse?
Supply Chain Havoc Is Getting Worse — Simply in Time for Vacation Purchasing
(Fooshya) Best Buy has revealed a curious option to money in on worldwide shortages and delivery delays: subscriptions. This week, the corporate introduced a $200-a-year program that guarantees shoppers decrease costs and unique entry to hard-to-find units. While the brand new membership additionally contains 24/7 tech help and free delivery, the thought of assured product availability is perhaps significantly interesting to buyers frightened that their orders gained’t arrive in time for the vacations.
WATCH: Watters’ World Segment Reveals Just How Corrupt Nancy Pelosi’s Stock Market Trades Really Are (VIDEO)
(The Scoop) House Speaker Nancy Pelosi, D-Calif., has been a member of Congress for almost 34 years and now has a top-tier position as one of the most influential people in the United States government. While faced with a recent rush of difficult choices as the head of her caucus, Fox News presenter Jesse Watters began a “Watters’ World” probe into her financial transactions throughout her time in politics.
Central Banks & The Looming Financial Reckoning
(Willem Buiter) Across the advanced economies, central banks have rightly prioritized maintaining financial stability and supporting the real economy over fighting inflation with interest-rate hikes. But with financial fragility rife and public and private leverage at all-time highs, their next big test is coming.
4 Creative Ways Venezuelans Survived the Economic Collapse
(J.G Martinez) Venezuelans who chose (or had to), for whatever reason, to stay put in Venezuela had to endure somehow the circumstances resulting from the collapse. How those Venezuelans survived the economic collapse might serve as inspiration for you. After interviewing several brave childhood friends from my hometown, I compiled the following experiences on how they have protected themselves, their savings, and their belongings.
Supply Chain Crisis Could Push Global Economic Recovery off Course
(Mary Villareal) A supply crunch for non-essential items is creating a full-blown crisis as it leads to shortages in energy, labor and transport in various parts of the globe. All these problems are parts of the rising post-pandemic consumer demands that could push the global economic recovery off course.
Government Debt Is Taxation Without Representation
(Brian McGlinchey) With Thursday’s passage of a continuing resolution that funds government operations until December 3rd, Congress dodged one fiscal cliff, but a bigger one looms ahead. The federal government has maxed out its credit, and if Congress doesn’t raise the statutory debt ceiling by October 18, the Treasury won’t be able to cover all of Uncle Sam’s obligations.
Seven of the 10 States in Worst Financial Condition Are Run by Democrats
(Bethany Blankley) Majority of state finances worsened in 2020, with taxpayer burdens continuing to go up, according to Chicago-based Truth in Accounting.
The Biggest Federal Reserve Scandal
(Ron Paul) Following revelations that Federal Reserve officials made trades in financial assets while the Fed was taking extraordinary efforts to “stimulate” the economy, Federal Reserve Chairman Jerome Powell ordered a review of the Fed’s ethics rules. While these trades appear problematic, they pale in comparison to the biggest Fed scandal — the Fed’s impoverishment of ordinary Americans, enrichment of the elites, and facilitation of government debt and deficits.
Banks Around World Are Suffering Big Outages, Leaving Millions Of Customers In Lurch At Worst Possible Time
(NWO Report) Twenty banks (some suffering repeated outages), six countries (one in lockdown), five continents, tens of millions of unhappy customers.
The World Economic Forum Posts Yet Another Insane Dystopian Video: ‘How Our Lives Could Soon Look’
(Humans Are Free) The World Economic Forum recently posted a video with the caption “Take a peek at the future”. Evidently, the future they want is a dystopian nightmare where dehumanization is taken to absurd levels.
Yellen Backs Idea of Removing Congress’ Authority Over Debt Limit, As Default Deadline Nears
(Just The News) Yellen has warned of dire financial consequences if the debt limit is not increased and the country cannot repay its debts.
Why The West Can’t Ban Bitcoin The Way China Did
(Mark Jeftovic) Only a complete “dictatorship of the proletariat” can kill Bitcoin. Evergrande is being called China’s “Lehman moment” and overnight the PBC closed the loop on their clampdown on crypto with a total ban on virtual currency transactions.