Years

Friday Humor: Here Is The Democrats' Complete Legislative Agenda For The Next 2 Years

Satirically written by The Babylon Bee, WASHINGTON, D.C. – Nancy Pelosi and the Democrats have released a complete list of all their legislative goals for the next 2 years, and it’s worse than we imagined. America may not survive. Brace yourself and read through this confirmed list which we got straight from the Speaker’s office, and may God…

131 Governments In 160 Years

As DB’s Jim Reid wrote overnight, with the current turmoil in US politics it’s easy to miss the perennial political problems that are again resurfacing in Italy. PM Conte’s government could collapse as soon as tonight now that PM Renzi (leader of Italia Viva party) has withdrawn his support even if he is only a…

In Surprise To Markets, BOJ Buys Smallest Amount Of ETFs In Four Years

The Bank of Japan bought just 50.1BN yen of ETFs on Monday – the first day of 2021 – the smallest amount it has bought in more than four years on a day when it has made a purchase as part of its ETF buying program. The reason this is notable is two-fold: i) it…

Homebuyers Face Affordability Crisis, Worst In 12 Years 

Between record-low mortgage rates (thank you Federal Reserve), Congress’ fiscal stimulus checks, record debt-fueled demand, and extremely low supply, the housing market entering 2021 is in bubblelicious territory, surpassing levels not seen since the 2006/7 housing bubble.  Of course, surging home prices mean that millennials can’t afford to buy as this has pushed affordability to…

Dramatic Video Shows Unmasked Canadian Cops Bust Illegal Gathering Of Family During New Years

Unmasked police busted an illegal family gathering on Dec. 31 in Gatineau, a city in western Quebec, Canada, according to Radio Canada. The shocking incident was caught on camera. Service de police de la Ville de Gatineau (SPVG) received an anonymous complaint from a neighbor late Thursday evening. When police arrived at the home on…

Here Are All The Banks That Paid Janet Yellen $7.3 Million In Speaking Fees In The Past 2 Years

When openly bribing a politician, financier or any other power figure is too – how should we put it – illegal, there is a well-known loophole that has been used for decades to circumvent the straight to jail hazard: the old “pay for speeches” shortcut, where otherwise boring, insipid and uninspirational figures who have nothing…

ISIS Kills 28 Syrian Troops Near Palmyra In Most Devastating Ambush In Years

Via AlMasdarNews.com, This week ISIS terrorists carried out a devastating attack on a passenger bus that was carrying dozens of Syrian Arab Army (SAA) soldiers and civilians in the eastern region of the country. On Thursday the Islamic State announced responsibility for the attack that claimed the lives of at least 20 Syrian Army soldiers…

YouTube's Top-Earner In 2020… Is 9 Years Old

YouTube stars are regularly bombarded with the question “how much do you earn doing this?”. Statista’s Martin Armstrong provides this infographic to shed some light on the most lucrative end of the YouTube money list. You will find more infographics at Statista Ryan Kaji earned $29.5 million from June 1, 2019 to June 1, 2020, keeping…

Restaurants Prepare For “Dramatic Loss Of Revenue” As New Year’s Eve Celebrations Are Canceled

By Tyler Durden As the world bids goodbye to 2020, restaurants and bars will have a nightmarish New Year’s Eve as many shops grapple with indoor seating limits, early curfews, and, in some parts of the U.S., a complete ban on indoor dining. New Year’s Eve is one of the most profitable nights of the…

BMW Will Produce An Additional 250,000 EVs Over Next 3 Years, CEO Says

As if Tesla’s inclusion in to the S&P 500 and ARK Invest’s batshit insane impressive fund inflows over the last couple weeks haven’t been enough to make you consider a top in Tesla, the rest of the automotive world continues to close in on the automaker. We have now officially seen electric vehicles from manufacturers…

54 Million Americans – Including 18 Million Kids – To Lack Access to Sufficient Food by Year’s End

By Elias Marat A new analysis has found that 54 million people in the United States, including 18 million children, will lack access to sufficient food by the end of the year. The report from U.S.-based anti-hunger group Feeding America underscores the extent to which chronic food scarcity and malnourishment has surged in poor communities…

US Charges Libyan Man For Pan Am Flight 103 Bombing… 32 Years Later

Nobody can accuse AG William Barr of doing things fast – or frankly doing them at all, especially when faced with glaring evidence of a years-long attempt to spy on (and remove) the president of the US in an unprecedented effort stretching all the way from the FBI to top members of the Obama administration….

25 Years Later: What The Euro Has Become

Authored by Philipp Bagus via The Mises Wire, Twenty-five years ago, on December 15, 1995, the fifteen heads of state and government of the then EU decided at a council meeting in Madrid to name the future common currency the “euro” and to introduce it from January 1, 1999, initially as a book currency at a…

When Money Dies, 100 Years Later

Authored by Jeff Deist via The Mises Institute, When Money Dies, Adam Fergusson’s cautionary account of hyperinflation in Weimar-era Germany, is the book Americans desperately need to read today. Ours is a nation willfully lacking in knowledge and understanding of money; a cynic might think this lack of apprehension is by design. Money is seldom discussed in schools, popular…

Boeing Halts Merit Pay Raises, Grants Shares To Some Employees As Recovery Years Away 

A little more than a week before Christmas, Boeing Chief Executive Dave Calhoun sent an internal memo to employees announcing that the company would suspend annual merit salary increases in fiscal 2021 for employees, managers, and executives, according to Reuters.  Excluding executives and tens of thousands of engineers and machinists under union contracts, Boeing however awarded employees…

Goldman Upgrades Exxon To Buy For The First Time In Four Years As Cycle Begins To Turn

Just one day after Wells Fargo issued a rare upgrade on beaten down energy giant Exxon, late on Tuesday Goldman did what it hasn’t done since 2016, and it upgraded Exxon from Neutral to a Buy – just two months after it upgraded the major from a Sell – with a $52 price target given…

JPMorgan Doubles Down On Bitcoin: Sees Structural Gold-To-Crypto Flow Over Coming Years

Having admitted it was wrong about the end of the Bitcoin Bull run, JPMorgan is doubling down on its bullish crypto bet, warning that the rise of cryptocurrencies in mainstream finance is coming at the expense of gold. Gold outflows have been steady as crypto inflows and prices have soared… However, it’s not all unicorns…

WHO Envoy: Life Won’t Return To Normal For At Least 2 Years

Authored by Paul Joseph Watson via Summit News, The WHO’s special envoy for the global COVID-19 response says that despite the arrival of a COVID-19 vaccine, normal life won’t resume for at least two years. Dr David Nabarro suggested that social distancing and masks were something that would have to continue as a way of…

Mauldin: This Was All Predicted 10 Years Ago

Authored by John Mauldin via MauldinEconomics.com, In 2010, the scientific journal Nature published a collection of opinions looking ahead 10 years, i.e., where we are right now. Nature then published a short response from zoologist Peter Turchin in its February 2010 issue. Quantitative historical analysis reveals that complex human societies are affected by recurrent — and predictable — waves of political instability…

UN Says 233,000 Yemenis Dead After 6 Years Of Saudi-US Coalition Bombing

A grim milestone in the “forgotten war” which has close US involvement: six years after the Saudi coalition began bombing Yemen to prevent a full Houthi rebel takeover of the country, the United Nations has issued an updated official tally of the death toll. The UN now says an estimated 233,000 people have died as…

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