"You only have power over people so long as you don't take everything away from them. But when you've robbed a man of everything, he's no longer in your power - he's free again." -- Aleksandr Solzhenitsyn

Bidgear ad

 

 

Former President Donald Trump had a lot to say about President Joe Biden during his speech at the Minnesota Republican Party’s annual Lincoln Reagan Dinner on Friday evening. A huge chunk of his criticism of the president had to do with Bidenomics and the rising inflation.

“Groceries are up 22 percent, eggs are up 50 percent, electricity’s up 40, 50, 60 percent, gasoline is up 56 percent, car insurance — you can’t even get it,” Trump stated.

The New York Federal Reserve bank reports that US household debt has hit a new record. Americans are increasingly using credit card debt at high interest rates to pay for their living expenses. Delinquencies are rising. About 17% of Americans are using 90% or more of their credit card limit and an additional 11% are using 60-90% of their credit card limit. That means 28% of American households are heavily indebted at high interest rates that prevent their ability to pay down the debt.

Tags

The second largest gas compressor station in Europe, Bilche-Volitsa in the Lviv region of Ukraine, has been destroyed.

Information about significant damage to the facility was received from local authorities and confirmed by independent sources.

The financial system of the United States has been a symbol of strength, resilience, and stability for a long time, which has supported the nation’s economic power on the global stage. However, recent revelations and increasing evidence suggest that the country’s largest banks are on the brink of a severe crisis. This crisis is so deep that the chance of their recovery is questionable and can send devastating shockwaves through the entire financial system.

Tags
Many US states are moving to gold as legal tender, Elites are panicking, MikeRivero

Tags
GOLD ALL TIME HIGH 2440, Silver 32.50. Markets on fire in Asia tonight. alexmark
Tags