The world according to me.

 

I don't think Trump won the 2020 election. And Republicans have done nothing to help him win the next one. Worse, they've made it harder for him to win with that Jan 6th shit.

What I think happened was.... Trump started to unwind the QE balance sheet in 2019, and the economy promptly started trying to roll over. You can see it in every single chart. Thousands of truck drivers lost their jobs. But that was all memory holed due to SARS 2.

I think Trump panicked when SARS hit, because things were already starting to go South. He made SARS out to be nothing because he didn't want the economy to stop. He didn't realize what kind of virus we were dealing with. Once he did, he just unloaded the money printing machine on full steam causing all this inflation.

Everything about the past three years has been an illusion, and everyone will find this out soon. Everything is going to revert to that 2019 recessionary level and probably worse.

Suns out. Funs out.

 

It's been a long winter here. I'm just starting to see these in the past couple of weeks.

I still see many of my long time readers checking in all the time. 

Some of you - I can't believe how long you have been with me. I see you and appreciate you.  Maybe it does make me feel like sharing my life again.

Shrug

Prices have started to reaccelerate because there is so little inventory.

Buckle up buttercups.

The only way for people to learn is pain. Sorry. Not sorry. 

This is the most deserved recession on the face of the planet.

Absence does make the heart grow fonder.

Just because it made me laugh.

It's Official: Top NBCUni Ad Exec And World Economic Forum Taskforce Chair Is Twitter's New CEO.

Honestly I just popped in to snicker. Last week twitter was the bastion of free speech, now this. 

It's so depressing how desperate Republicans are to have anyone on their side that they fall for these frauds over and over. And you can't even talk about it because Republicans are only interested in their own echo chambers, and outrage theater. They will come in and troll you. 

It's not even like they present a different opinion. They just come in and take swipes. 

So I haven't figured out if I'm ghosting this site yet.

It's totally normal for companies to operate this way.

 

Said in the most sarcastic way. The bullshit just never ends. 

When I say this guy has taken over an entire parking deck at a mall. I mean an ENTIRE deck. Topside of the deck is still pretty empty. I'm sure they are going to beat tonight in earnings.

He is the new leader of the Republicans now. So he can do anything he wants.

Batpack.

This is some real Democrat shit.

'Come Hell Or High Water': DeSantis Vows To Slap Disney With Hotel Taxes, Road Tolls.

The Republicans (for which I mostly vote) are in the craziest echo chamber right now. And they don't even realise it.

What does this party even stand for anymore? Right now it's just the pedo and abortion party.

B--F-D.

There has been a lot of hysterical crying lately about de-dollarization. People seem to think that because Russia and China have made a pact to trade in the Yuan, the US is screwed.

All of this makes me laugh because it's pretty clear this is mostly dummies and finance dudes that want the US to burn. It's a very popular thing right now. You can tell because they completely ignore the structural issues China is having. If they are even aware. They also seem to ignore that China fucks with its money more than we do.

Let them trade in the Yuan! I'm going to show you why ~I~ think this way.

#1. The China Belt and Road loans are severely underwater. They are talking about complete forgiveness for Africa.

https://t.co/PmPT9PNLal “Economists at the World Bank estimate that now some 60 percent of all BRI loans involve countries in financial distress. Loans in Africa look especially shaky.” @zekelondon @SpecialSitsBoss

— Mickey (@MickeyParx) April 6, 2023

#2. Just because China's economy is open, doesn't mean it's in a recovery. Companies are leaving China in droves! Shopping malls are closing. I'm actually getting a little concerned about the relatively new middle class in China because it is very hard to find a job. India is going to be the #3 economy, and China moves down.

This Shanghai shopping center is empty, there is no one around, and most of the shops closed their doors on April 2#China #Shanghai #ShoppingCenter pic.twitter.com/I4zMRsBOhK

— Spotlight on China (@spotlightoncn) April 6, 2023

The road that was busy with shopping in Guangzhou is now, completely closed on April 4#China #Guangzhou #EconomicDownturn pic.twitter.com/i4IgJw9W1F

— Spotlight on China (@spotlightoncn) April 6, 2023

#3. Closed companies have not paid workers. This has been going on for months. Property has also been in trouble for at least a year since Evergrand collapsed.

Henan rural bank depositors protest to defend their rights
On April 2, hundreds of bank customers once again gathered at Henan Xinzheng Rural Commercial Bank, Zhengzhou Xinzheng People's Bank, and Zhengzhou's flyovers. They held banners asking to recover the money they still… pic.twitter.com/vlr3PUVNeD

— Spotlight on China (@spotlightoncn) April 6, 2023

During the last part of Sunac China's project in Dali. Sunac China took 200 million yuan and fled, the owner protested, the police came out to suppress they in Yunnan on April 2#China #Yunnan #Protest pic.twitter.com/3psNcjSR1x

— Spotlight on China (@spotlightoncn) April 6, 2023

As you can see. China is not in a position of power right now. And neither is Russia. Let those losers trade in China's currency. As late as March 2023, China was enacting capitol controls!

Keep your pets safe folks.

Cat in Wyoming tests positive for H5N1 bird flu, first such case in the U.S. https://t.co/rrSRp1uSbE

— BNO News (@BNOFeed) April 7, 2023

I wasn't going to post this, but it's not fair that some really uneducated people try to stop others from informing the public. And there must be some people who read my blog that aren't completely out of touch of reality.

We are about one minute away from FOUR concurrent pandemics. Imma let you guess which ones, because I am not going to tell you. Imma let you find out on your own. Good luck people!

Dog in Canada dies of H5N1 bird flu https://t.co/jIEYO1uTFo

— BNO News (@BNOFeed) April 4, 2023

It's a complete mystery.

US worker productivity has witnessed a year-over-year decline in each of the last four quarters. What's going on? pic.twitter.com/J2new6IOuK

— Jeff Weniger (@JeffWeniger) April 5, 2023

Labor issues are a huge part of inflation.  Wages and low production levels make inflation hotter. But as long as they are Democrats - fuck em right? Said in the most sarcastic way.

As long as there is too much money chasing too few products and services (because there are not enough healthy people to make those products) inflation is going to run hot.

Inflation would have been transitory if a large portion of people didn't decide that portions of other people should die because of their political party. 

You've made your bed. This is the price you pay for not believing in reality.

This is what caused the bank runs.

The "Bank Walk" continues. Bank deposits now down 4.1%.

This is your sibling, your neighbor, people with money sitting in a bank account, each at their own pace deciding they're sick of earning 0%. Each day, someone new, moving their money out of 0% and into 4% T-Bills. pic.twitter.com/OGbS1FHqU0

— Jeff Weniger (@JeffWeniger) April 3, 2023

I have to admit, I didn't really think very deeply about the rising interest rates in regards to capital flight. As everyone who reads this blog knows, I focus on housing because housing touches everyone. Most people don't have enough money to care about savings interest. And it's been so long time since interest rates were this high. Most of us have never gotten a chance on the good side of  the interest rate hike train. 

I haven't really moved any money yet because I have a good credit union paying me 3.10 in interest. I have been saving for land the entire pandemic and am earning some pretty decent interest there.. 

With interest rates this high, people will be motivated to move. Big banks pay nothing in interest. So people are moving their funds to money markets. Which honestly I hadn't heard about since i was a kid. But all of us are waking up it it now. 

A few months ago Mr S. told me that when he was a kid he thought all you had to do was make a million bucks. Then you could live off the interest.

But I thought this time was different.

 

I'm going to give you a hint. Prices need to fall to this arrow.

It's going to be the softest landing.

Nearly 10 thousand people left Shenzhen and a large number of factories relocated or closed down in March#China #Shenzhen #Factory pic.twitter.com/j8fACx52zw

— Spotlight on China (@spotlightoncn) April 3, 2023

Said in the most sarcastic way.  Like a pillow pressing down on your face and suffocating you. Because things always get better after the holidays. AMIRIGHT?

Manufacturing orders from China down 40% in demand collapse @CNBC https://t.co/9m5wV8rII6

— Angela Mendez Attebury (@Angiequa) April 4, 2023

As the world burns.

Local fisherman in #Arica, #Chile, films sea lion carcasses floating in the harbour, likely dead from #H5N1 highly pathogenic avian #influenza. #vogelgriep https://t.co/CjkaRuwn3r

— Thijs Kuiken (@thijskuiken) April 2, 2023

Where are all my bird flu is a fake plandemic people? Because certain parts of the world are spiraling out of control. They are not even picking up the dead animals in Chile.

I'd say the fishermen are starting to get pretty freaked out because these videos are starting to emerge.

Chili

video by @ClaudioAzat

shared by @thijskuiken #ClimateChange, #pollution, #elnino, #H5N1 @lodenaken pic.twitter.com/k6Bovai3cX

— Tara Author (@auteur_tara) April 4, 2023

If people only knew how stupid they sounded.

I was standing in a line a week ago or so. The guy behind me was on his cellphone bitching about something. It must have been a bank because he says the following thing - "Fucking banks making money off your money."

In my head I was like - This is literally the definition of a bank.

I think I'm going to start doing a series on poor people logic. Because it's basically everywhere right now. 

This is not sustainable.

"Federal Reserve chair Jerome Powell struck a particularly somber note at his press conference earlier this week when he mentioned that one reason the labor market is so tight right now is that many workers died from COVID-19.

The big picture: Economists have theorized for a while about the impact of COVID deaths on the labor market. Now, research has started to emerge and key public figures like Powell are starting to talk about it explicitly.

"Close to a half a million who would have been working ... died from COVID," Powell said while talking about the U.S. labor shortage. Go deeper: In a footnote to a speech he gave on Nov. 30, Powell estimates that 400,000 working-age Americans died in excess of what was anticipated pre-pandemic."

Source.

I hope it's all Democrats said the vocal Republicans who comment on my blog. Or only olds or fatties. AMIRIGHT?

It is seriously troubling that people are still denying the toll SARS has taken on our country. I find it pretty amusing at this point because all they are doing in fucking themselves over. It's only people with poor people logic who think this is hurting the Democrats.

Also note this article is from December.

Mad Max Truck.

 

Normally cars are out much much earlier in the year..... but it's been super ~super~ rainy. And we are all done.  Every single small talk conversation involves the rain.

 

In the image below, this is not a paint job. The metal was ripped open to expose the motor.

Interestingly......

 

The Game Developers Conference is still requiring shots or tests to get in. I didn't know this was still a thing. And they were super serious. They were making sure it was a current test. No one had a temper tantrum.

It ~is~ interesting though, because I don't remember how many conferences I've been to since they started allowing us unvaxed people in. But it's been a bunch. Nothing to write home about sadly. This is the first one I've had to show a test. I even went to CES.

Good for them. Someone needs to be an adult. My position for a very long time now is that testing is the only way out. Yes, the tests are not perfect. But they catch more of the cases than not testing!

 

Oooh. It's gonna be a nail biter.

Inflation is still running hot-ish. But raising rates cause more bank pain. This guy is right. It could collapse the WHOLE system world wide. Europe was in negative interest rates a few years ago. Everybody going to get hit because the banks were doing nothing wrong. 

They were doing the prudent thing at the time and circumstances changed. Root on their demise at your own peril.

Everyone woke now?

It's weird because three months ago - no one was talking about bank failures. "Now everyone knew what they were doing was risky." Said in the most sarcastic way. And I know this because if anyone would have said these bonds were going to collapse the banks, I would have said - wait what?

I was watching this whole thing and even I didn't realize it was going to collapse the banks. I was only looking at it from the real estate sector because I own a house. I don't own a bank.

I also find it weird that no one wants to blame the FED for hiking rates at the fastest pace in history. 0.25 to 4.65% in one year. The final pin was probably when the FED said they were going to hike faster. The banks probably had to pull the pin.

At least there is no more talk about this stupid soft landing no landing. I think we've landed.