Is The Economy Just Now Falling Apart

M

Mad as Fish

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Great reading there, I am studying all the you tube videos on this as well. Blackrock owns 20% of
Google/You Tube and they are banning negative comment about Blackrock
It is becoming increasingly apparent that the one world government so many socialists have desired over the years is now taking shape in the form of one the most capitalist organisations out there. I hope they are now content.
 

Declan

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Screenshot_20230503-191538_Finance.jpg
 

Coal Gas and peat

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It has disintegrated in the aftermarket trading.
The plunge protection team must have been stood down .......a Brian cowen type reassurance is needed from piss pants

The fundamentals of the economy are sound.....not a joke
 
M

Mad as Fish

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Another gentle story from the loving world of banking unfolds.

First Republic Bank suffers the dreadful misfortune of finding itself uncomfortably short of the readies. Oh dearie me, but help is at hand as a great and glorious knight gallops to the rescue in the shape of the Federal Deposit Insurance Corp, a government quango and financial regulator. Not only does this hero of the hour seize the assets but it also immediately sells them off to the charming and noble folk at JP Morgan Chase, for a sum yet to be disclosed.

But wait, there is more! A certain lady of great radiance and magnificence and a wondrous asset to Congress, enjoyed the almighty good fortune to sell her shares in First Republic Bank and, by some stroke of fate, selected instead to place this small portion of her wealth in the trust of the angels of JP Morgan Chase at the very moment of this transaction.

And all was good and all were happy, and that, ladies and gentleman, is the sort of uplifting conclusion that we should all adore, rather than miserably bury our snouts in the gutter and question as to just how Lois Frankel came to be blessed with such luck, or how it was that a vast financial institution just got vaster at a knockdown price without any sort of scrutiny or examination.

 
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clarke-connolly

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A Trillion Here and a Trillion There = = Soon they'll be talking Big Money ! ! !

That Kennedy Guy is Very Good = = Pity he is old and nearly dead ( though I hope not, obviously )

How come so many American Politicians are So So So Old = = They would Not still be working in 95% of jobs ~ ~ if not more of jobs = = Yet Americans let these dodgy ( some of them anyway ) Old Old Old Old Old People run America ! ! !
 

jpc

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A Trillion Here and a Trillion There = = Soon they'll be talking Big Money ! ! !

That Kennedy Guy is Very Good = = Pity he is old and nearly dead ( though I hope not, obviously )

How come so many American Politicians are So So So Old = = They would Not still be working in 95% of jobs ~ ~ if not more of jobs = = Yet Americans let these dodgy ( some of them anyway ) Old Old Old Old Old People run America ! ! !
Hard to relinquish power.
Should be term limits in Congress and the house.
Same thing here Should apply.
 

Declan

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A Trillion Here and a Trillion There = = Soon they'll be talking Big Money ! ! !

That Kennedy Guy is Very Good = = Pity he is old and nearly dead ( though I hope not, obviously )

How come so many American Politicians are So So So Old = = They would Not still be working in 95% of jobs ~ ~ if not more of jobs = = Yet Americans let these dodgy ( some of them anyway ) Old Old Old Old Old People run America ! ! !
We havetwo senator's at least basically dead. Barbarians Feinstein from California and the lad from Pennsylvania who had a brain seizure.
 
M

Mad as Fish

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Not sure that this is the thread for it but attention is turning to Larry Fink's ALADDIN software and the way it is basically buying up the world under the guise of BlackRock.

Not only is BlackRock using it to accrue trillions of assets to its own account but even the US government comes knocking, wanting to use to work out which banks need to be saved.

If AI is already ruling the world then this is it.

 

Anderson

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The shopping Bill came to €500 Euro today in Dunnes, that's for 1 fecking week!

Had the electric bill in on Friday, €700!

I dare say the cost of living crisis is getting worse!
 
M

Mad as Fish

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The shopping Bill came to €500 Euro today in Dunnes, that's for 1 fecking week!

Had the electric bill in on Friday, €700!

I dare say the cost of living crisis is getting worse!
There is a fair bit of gouging going on, these prices are not at all necessary. I noticed that a box of Mr Kipling apple pies was three times the price in Dunnes compared with Aldi's own brand. One expects a premium, but not 200%.
 

Declan

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The shopping Bill came to €500 Euro today in Dunnes, that's for 1 fecking week!

Had the electric bill in on Friday, €700!

I dare say the cost of living crisis is getting worse!
How can anyone afford these prices. The figures just do not add up. Yes people in general are going to Spain or whereever or even going over for an arsenal or Liverpool game and eating fine grub.

It would s a mystery
 

Declan

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(Bloomberg) -- With a debt ceiling deal freshly signed into law Saturday by President Joe Biden, the US Treasury is about to unleash a tsunami of new bonds to ...



This is going to be a trillion dollar problem with 170 billion in bonds being auctioned off on Monday alone.
 

Declan

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This is spot on and a good read. The sooner the better as well before more invaders are ferried in.
 
M

Mad as Fish

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This is spot on and a good read. The sooner the better as well before more invaders are ferried in.
No doubt about it, manufacturing is certainly declining here in Europe, companies are drawing their horns in and budgets are being slashed. It's their own fault, you only need go back a year and one particular company was boasting to its shareholders that it stuck prices up beyond 10% simply because it could. They are now having their arse chewed with sales dropping through the floor and an unforgiving customer base. And it is not alone.
 

clarke-connolly

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In Ireland = = FFG and the Greens are doing their best to hand over the, Worst Shit Show they can, to the Shinners = = Deviously Clever when you think about it.

I wouldn't be surprised if FG and FF formally merged after the next election = = Saying = = There is No Choice due to the Terrible Circumstances.

Interesting to see what the Shinners will do = = When handed over the Shit Show.
 

jpc

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This isn't good at all and coming straight at us.

 

Declan

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From last Monday to next Tuesday, over 500 BILLION dollars of treasuries have been sold to replenish the coffers.
 

jpc

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Walmart is finished as they will be all looted out. They need to dump all their stock.
It really seems like the state's are coming apart at the seams.
Saw a youtube doc on StLouis. Post Apocalyptic reality preview like Baltimore.
Progressive politics is destruction.
 
M

Mad as Fish

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The TARA mine near Navan has shut and all workers laid off , it is not clear if the mine will ever open again
The culprit might be automation/remote operation. Mines are dangerous places and naturally there has been a tendency to keep the number of people below ground to a minimum, it has got to the stage where they are hardly needed at all as remotely guided machines do the work, and so they can be laid off and the mine continue to function without them.
 

jpc

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Coal Gas and peat

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Rates raised to a 22 year high

The European Central Bank (ECB) has raised borrowing costs to their highest level in 22 years on Thursday and left the door open to more hikes, extending its fight against high inflation even as the euro zone economy flags.

The ECB increased its key interest rate - the one banks pay to park cash securely at the central bank - for the eighth consecutive time, by 25 basis points to 3.5 per cent, its highest level since 2001.

https://www.breakingnews.ie/busines...further-even-as-economy-stutters-1489500.html
 

jpc

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I suspect this is all engineered. Keep thinking about the Deagal.com projections for population collapse by 2025.
Energy costs and the knock on into starting materials is a huge part of the issue.
Add in maintenance and other cost slashing measures.
Redundancies /retirement / regulatory red tape/ pressure to get materials out regardless./profitmargins.
The manufacturer infrastructure is disappearing in the west because environmental beliefs and costs real jobsreplaced by bullshit service jobs
Lot of things coming home to roost
 

jpc

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True, I know from experience that when you want to achieve something you have to work at it and work at it
the right way. It has to be planned right and done right. The mental work is as important as the physical
100% correct.
 

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