Is The Economy Just Now Falling Apart

[PlunkettsGhost]

View: https://rumble.com/v4no1ll-james-rickards-ukraines-starting-to-get-dangerous-putin-doesnt-bluff.html

 

[Declan]

60 Livingston Rd, Wellesley, MA 02482 | MLS #73159240 | Zillow

This 8500 square feet Single Family home has 7 bedrooms and 8 bathrooms. It is located at 60 Livingston Rd, Wellesley, MA.

www.zillow.com

There is millions going to be lost on this flip unless some fool comes along out of the blue.

The bubble is burst.
Tons of massive price reductions and the panic will be on in a few weeks when there is no Spring buying.

 

[Mad as Fish]

No spring bu

60 Livingston Rd, Wellesley, MA 02482 | MLS #73159240 | Zillow

This 8500 square feet Single Family home has 7 bedrooms and 8 bathrooms. It is located at 60 Livingston Rd, Wellesley, MA.

www.zillow.com

There is millions going to be lost on this flip unless some fool comes along out of the blue.

The bubble is burst.
Tons of massive price reductions and the panic will be on in a few weeks when there is no Spring buying.

No spring buying in Ireland because there is very little on the market, just a few crappy cottages where the past inhabitants have passed on, interspersed with a few grander abodes, but the choice is very limited.

 

[Coal Gas and peat]

60 Livingston Rd, Wellesley, MA 02482 | MLS #73159240 | Zillow

This 8500 square feet Single Family home has 7 bedrooms and 8 bathrooms. It is located at 60 Livingston Rd, Wellesley, MA.

www.zillow.com

There is millions going to be lost on this flip unless some fool comes along out of the blue.

The bubble is burst.
Tons of massive price reductions and the panic will be on in a few weeks when there is no Spring buying.

Is rent totally out of control and mortgages a total non starter in Massachusetts same as it it here ?

 

[jpc]

Yellen Dispatched to Beg China for Face-Saving Slowdown

The U.S.’ growing urgency in ‘containing’ China’s development was thrown in sharp relief this week as Janet Yellen arrived in Beijing for what turned out to be an execrable beggar’s tour. Just days prior to her arrival, she had buzzed the punditry with her historically memorable exclamation that...

simplicius76.substack.com

 

[Mad as Fish]

Yellen Dispatched to Beg China for Face-Saving Slowdown

The U.S.’ growing urgency in ‘containing’ China’s development was thrown in sharp relief this week as Janet Yellen arrived in Beijing for what turned out to be an execrable beggar’s tour. Just days prior to her arrival, she had buzzed the punditry with her historically memorable exclamation that...

simplicius76.substack.com

I was over at an engineering plant in the UK a week or two ago and was struck by the fact that it didn't even appear to be trying to be competitive, yes, there were the usual plattitudes about investment, but on reflection it was looking its age rather than looking forward. Selling the site to a housing developer would probably pay for a nice new factory in China.

 

[Declan]

The inflation report today put the cat among the pidgens and saw interest rates go up nearly a quarter of a percent. The very slow real estate market will be even slower.

 

[jpc]

I was over at an engineering plant in the UK a week or two ago and was struck by the fact that it didn't even appear to be trying to be competitive, yes, there were the usual plattitudes about investment, but on reflection it was looking its age rather than looking forward. Selling the site to a housing developer would probably pay for a nice new factory in China.

The huge issue.
Energy inputs are crippling.
Another issue and the real tell with such site's.
What's the Preventive Maintenence scheduling like?
Seen a few scary things when this is neglected on "costs basis "

 

[Esatdigiwank]

Just how will this be powered?? 145 acres to be concreted over.
Who is behind this barely-announced monstrosity?

Controversial €1.2bn County Clare data centre campus gets green light

Controversial plans for a major new data centre campus in County Clare have been given the green light by An Bord Pleanála.

www.newstalk.com

 

[clarke-connolly]

Just how will this be powered?? 145 acres to be concreted over.
Who is behind this barely-announced monstrosity?

Controversial €1.2bn County Clare data centre campus gets green light

Controversial plans for a major new data centre campus in County Clare have been given the green light by An Bord Pleanála.

www.newstalk.com

Jeez = = All Donald Trump did was Improve a Golf Course and a Hotel ! !

 

[PlunkettsGhost]

View: https://twitter.com/profstonge/status/1778763726608331162

 

[PlunkettsGhost]

View: https://twitter.com/profstonge/status/1777313970661085397

 

[Declan]

We are going to see some week. And the following week, after taxes are paid in, then the debt will resume its climb quickly to 35t

 

[clarke-connolly]

We are going to see some week. And the following week, after taxes are paid in, then the debt will resume its climb quickly to 35t

You'll be lucky to be allowed to, Keep Your Own Money ! ! !

 

[Mad as Fish]

Energy costs and climate fuckwittery are biting deep in Germany -

Steelmaker Thyssenkrupp has announced a substantial production reduction at its site in Duisburg in western Germany, a step that will also lead to job cuts for its roughly 13,000 employees at the location, public broadcaster WDR reported. The country’s largest steelmaker said high energy costs and tight emission reduction regulation contributed to its decision to reduce steel output in Duisburg by about two million tonnes per year.

Energy costs, regulation see drastic steel output reduction at German factory – Thyssenkrupp

www.cleanenergywire.org

 

[clarke-connolly]

Energy costs and climate fuckwittery are biting deep in Germany -

Steelmaker Thyssenkrupp has announced a substantial production reduction at its site in Duisburg in western Germany, a step that will also lead to job cuts for its roughly 13,000 employees at the location, public broadcaster WDR reported. The country’s largest steelmaker said high energy costs and tight emission reduction regulation contributed to its decision to reduce steel output in Duisburg by about two million tonnes per year.

Energy costs, regulation see drastic steel output reduction at German factory – Thyssenkrupp

www.cleanenergywire.org

America has Fucked The Germans = = The Germans were buying too much Energy from the Russians = = So the Americans decided to Fuck Up the Germans = = What-ever happened to Angela Merkel ? !

 

[Declan]

Looks like the Yen is the weak link. Down 10% in a hundred days. That is a sharp fall for a supposedly top tier currency

 

[Myles O'Reilly]

Pakis and kebab men can beat that price but it's not great fish and they are useless at cooking it (hard , dry ,burnt)

You never know what the khunts are putting in it either.

In England they made a kebab out of a girl called Charlene Downes and fed her to her parents.

 

[Ruck Da Fules!]

Germany is fucked!


View: https://x.com/kanthan2030/status/1780630674761789739?s=46

 

[PlunkettsGhost]

Keep three things in mind here. First, Russia has a similar amount in European funds frozen that it will seize in return if the Russian funds are stolen, as well as considerably more foreign assets that can be easily nationalized. As with the previous sanctions, this act will strengthen the Russian economy at the expense of the European economies.

Second, China is already being sanctioned and is the second-largest holder of US Treasury bonds, at $800 billion. This is 40 percent lower than it was 11 years ago and is a 14-year low. This is one reason why the USA has been unable to export inflation the way it used to

if China were to follow Russia’s lead in dumping the dollar entirely, US inflation would probably double from where it is today.

The Empire's Economic Death Spiral - Vox Popoli

Apparently the foreign elite ruling the imperial USA are under the impression that the only way out of its Ukrainian debacle is through. Unfortunately, this concept doesn’t work when the rapidly approaching object is not a cloud, but the ground: The House passed a foreign aid package on Saturday...

voxday.net