Bill’s commentary:

“We have already crossed the “debt service” Rubicon. How does interest get paid (not to mention the principal) without printing the funds to do so? Can you say banana republic with no possible way out?”

The U.S. federal government published a December deficit of $129 billion, up 52% from the previous year. The private sector recession is clear as expenses continue to rise while tax receipts decline. If we look at the period between October and December 2023, the deficit ballooned to a staggering $510 billion.

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Bill’s commentary:

“James Howard Kunstler over the target, a life-long well “grounded” liberal, sounds like the far right. He says what most think but are unwilling to say….”

 You know why the judge let provocateur Ray Epps off the hook for his antics before and during the so-called J-6 “insurrection,” don’t you? Well, yes, it was partly because he was acting at the direction of blob officials, most likely the FBI, but possibly the CIA, Defense Intelligence, or some black-box fed outfit no one ever heard of (but somehow gets half a billion in funding every year). Ol’ Ray pleaded to one year’s probation (no jail time), 100 hours of community service (checking books out at his local library?), and a $500 fine. Say, what. . . ? A speeding ticket on the Rockville Pike would probably cost you more.

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Bill’s commentary:

“$Trillions upon $trillions spent over more than 20 years …and the end result is just another embarrassing boondoggle loss for the US? Can you imagine the better standard of living were these funds not wasted on global hubris?”

Iraq’s parliament has announced that it will stick to a resolution passed in January 2020, urging the Iraqi government to expel the US-led coalition forces from the country.

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Bill’s commentary:

“I normally don’t comment much on either the right or the left of the “UNI-PARTY”, but this is too funny on several levels!”

If you are fine with showing your I.D. while entering a Costco warehouse but believe it’s beyond the pale to be asked to provide an I.D. when voting for the president of the United States, you just might be a Democrat.

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Bill’s commentary:

“Who is flying your plane?  I have been a good customer of United Airlines for may years. I quit!

Scott Kirby, the CEO of United Airlines (@united), wants to emphasize that Diversity Equity and Inclusion (DEI) guided racial and gender quotas are the key considerations when determining who will be piloting your upcoming flight.”

Bill’s commentary:

“This is pretty much true…”

Bill’s commentary:

0% Interest Rates Coming Back When System Implodes

Financial writer, market analyst and precious metals expert Craig Hemke says the variables are so numerous it is nearly impossible to predict exactly what is going to happen in 2024.  One thing is for sure, the variables are all bad.  There is the exploding federal debt, now at $34 trillion.  The federal government is on track to increase the debt by a whopping $2 trillion in one year!!! 

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Bill’s commentary:

“A twofer from Erik”

Bills’ commentary:

“Piss on you Klaus …and praise God for his given rights! Make no mistake, the tide is turning because people worldwide will only take so much stupidity.”

Bill’s commentary:

“Our pal from down under sends us charts of debt, debt, and more debt!”

‘By the time a man is wise enough to watch his step, he’s too old to go anywhere.’ Billy Crystal. (1948-)

Bill’s commentary:

“As I said to you yesterday, the whole system is a Ponzi.” –  Dave

“Dave, you mean we were not nuts 20+ years ago when we first figured this out?” – Bill

Last September, speaking at a conference sponsored by the nonprofit watchdog, Better Markets, to examine if “too big to fail” banks had materially changed in the fifteen years since the 2008 financial collapse, Anat Admati, Professor of Finance and Economics at Stanford Graduate School of Business, offered her assessment of the U.S. banking system: “Corruption has become the system.”

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Bill’s commentary:

“Believe your own eyes and your own gut, and trust that it is not you who is insane!”

We were told, over and over again, “It’s going to look like Trump won, but then Biden will win at the last minute because of postal ballots”.

And gosh darnit – they were right!

Out of nowhere Joe Biden – ‘Creepy Uncle Joe’ – who in early 2020 was obviously the least popular democratic candidate, and even more obviously going senile – is transmogrified into the most popular presidential candidate.

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Bill’s commentary:

“Please understand, Vladimir Putin does not bluff.”

Bill’ commentary:

“Trump is the Winter Coat”

Renowned geopolitical and financial cycle expert Charles Nenner has been warning of a huge war cycle that happens every 120 years or so.  With Tiawan/China and Russia/Ukraine and Israel and the Middle East conflicts, we are clearly in this huge war cycle.  Nenner also says we are simultaneously entering a huge financial down cycle that could easily turn into the Greatest Depression–ever.  

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Bill’s commentary:

“What’s in your stomach?”

Local media, The Lancaster Patriot, reports that the Pennsylvania Department of Agriculture served an all-natural Amish farm in southeastern Pennsylvania with a search warrant on Thursday afternoon. 

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Bill’s commentary:

“Blatantly bad pretending, and you are a whack job if you believe reality instead?”

Rachel Maddow pretended to cry about “kids in cages”. Matt Hancock pretended to cry about Covid vaccines. Sarah Sidner pretended to cry over covid. Anderson Cooper pretended to cry about Israel, so did John KirbyVan Jones pretended to cry after Biden “won” the 2020 “election”. Adam Schiff and Adam Kinzinger both pretended to cry about January 6th.

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“Bill, have you seen this? If you said 5 years ago this would happen they would have called you crazy.” – Dave

“Yes, we all have in real time!” – Bill

A third of UN member states have already opted for de-dollarization and decided to rely on national currencies to conduct payments, Sputnik’s analysis has found.

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Bill’s commentary:

“Bill, payments are expected to triple from nearly $475 billion in fiscal year 2022 to a stunning $1.4 trillion in 2032. By 2053, the interest payments are projected to surge to $5.4 trillion. 

To put that into perspective, that will be more than the U.S. spends on Social Security, Medicare, Medicaid and all other mandatory and discretionary spending programs.” – Dave

“Dave, $5.4 trillion is more than 100% of tax revenue currently.  …And we are already over $1 trillion!  Growth forever?” –  Bill

The U.S. national debt topped $34 trillion for the first time ever, crossing a critical milestone at a time when government spending is already under scrutiny.

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Bill’s commentary:

“Our pal Dave from down under checks in with some ugly charts!”

‘The surest sign that intelligent life exists elsewhere in the universe is that it has never tried to contact us.’ Bill Watterson.

Bill’s commentary:

“A reflective Erik”

Bill’s commentary:

“Top 20 Zerohedge articles of 2023”

One year ago, when looking at the 20 most popular stories of 2022, we said that the year would be a very tough act to follow as the sheer breadth of stories, surprises, plot twists and unexpected developments made 2022 the most memorable year yet in our brief but turbulent history. This proved accurate: while 2023 did have a seemingly endless variety of social, economic, political, geopolitical and of course, financial and market, drama, the unprecedented onslaught of 2022 – which saw both the deadliest and most consequential global war since WWII and a historic inflationary onslaught – simply proved too great to beat…. although we are confident that’s only because the newsflow was merely resting ahead of 2024 when, thanks to a record number of elections across the world…

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Bill’s commentary:

Pushback to Tyranny & Control Increases in 2024 – Catherine Austin Fitts

Catherine Austin Fitts (CAF), Publisher of The Solari Report, financial expert and former Assistant Secretary of Housing (Bush 41 Admin.), says the top story (out of 20 top stories) of 2023 was massive, documented pushback to tyranny and control by the evil Deep State globalists.  CAF explains, “Our top story of 2023 is ‘The Year of Pushback.’  It was so long, and it was so big, we had to make a special page and move the other 19 top stories to a whole different section on another page.”

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Bill’s commentary:

“Wait a minute, don’t we already have a “heart failure/blood clot/stroke” pandemic worldwide already? And I suppose the response to this new scare will be what …a new and improved “super duper quackzine”? So we will again hear the shrills from idiots telling us “just do the right thing”?  Or, not vaccinated you lose ALL your rights? Experts?  Yeah right!”

A new strain known as JN.1 will cause many people to suffer from “reduced cardiac function,” according to the report.

“Japan’s top research institute Riken has now issued a warning in the new report, which states that the ACE2 receptors, which the coronavirus clings to within human cells, are ‘very common’ in the heart,” reports GB News.

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Bill’s commentary:

“You don’t agree with the official narrative? You are considered ‘misinformation’!”

Bill’s commentary:

“This is shocking I say! I also remember many condescending people back then telling us ‘just do the right thing’ … I guess we did?”

People who receive two doses of a COVID-19 vaccine may be more likely to develop long-COVID, a new study finds.

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Bill’s commentary:

“The window of democracy has just slammed shut…at least in Chicago. How long before people have no right to choose anything.” – Wolfgang

“Yes Wolfgang, from a Republic, to a Democracy, to ‘YOU WILL DO WHAT WE SAY’! So much for truth, justice, and the American way?” – Bill

When my family and I were driving back from Chicago, a vote of the city council was revealed that perfectly captured the hypocrisy and politics surrounding undocumented migrants in major cities.  The council voted down an effort to allow voters to decide on whether Chicago should remain a sanctuary city. The measure was defeated 16-31.

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Bill’s commentary:

“What part of this is not true?”

Bill’s commentary:

“This might be the biggest understatement of the year!”

If the United States shifts frozen Russian assets to Ukraine, it would be cataclysmic for the US Dollar’s status as the global reserve currency, says Nobel Prize winning Yale professor, Robert Shiller.

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Bill’s commentary:

“Are you surprised? This is what they call ‘the never pay model’!”

 Ukraine and a group of its Western creditors signed an agreement on Thursday to extend through March 2027 a debt payment suspension first agreed in September 2022, the Ukrainian finance ministry said.

“I am grateful to our partners from the G7 countries for understanding Ukraine’s needs in the time of war,” Ukraine’s Minister of Finance Sergii Marchenko said in a statement.

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Bill’s commentary:

“Funny? Not funny? Would have been considered science fiction while I was growing up …”

Bill’s commentary:

“Some pretty significant names here if you think about it?”

At the bloc’s 2023 annual summit, the BRICS alliance announced a landmark six-country expansion effort. Subsequently, Saudi Arabia, the United Arab Emirates (UAE), Iran, Argentina, Egypt, and Ethiopia received invitations. Now, India’s Minister of External Affairs recently confirmed that BRICS is set for another six-country expansion plan in 2024.

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Bill’s commentary:

“The banking system was never fixed, merely papered over until the next, manyfold larger, crisis …”

Jerome Powell became the Chairman of the Federal Reserve on February 5, 2018 after being nominated by then President Donald Trump and passing his Senate confirmation. Powell was sworn in again on May 23, 2022 for a second term as Chair. His second term runs until May 15, 2026. 

Unlike most Fed Chairs, Powell has no economics degree. He has a law degree from Georgetown University. For more background on Powell, see our May 18, 2020 article: The Fed’s Chair and Vice Chair Got Rich at Carlyle Group, a Private Equity Fund with a String of Bankruptcies and Job Losses.

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Bill’s commentary:

“Malfeasance? How about a “plan” to alter the logistics and outcome of an election? Or, just plain depopulating an overpopulated world of ‘eaters’ that pass too much gas?”

Dr. Steven Hatfill believes the COVID task force misled Trump on the “proper pandemic response to COVID-19.” While he believes Operation Warp Speed was necessary, it was not meant to ignore proper monitoring of the experimental mRNA vaccines. In a recent interview with Steve Bannon, he laments, “At any sign of adverse effects of any significant number, the vaccine should have been halted. They were so experimental. This was experimental gene therapy.”

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Bill’s commentary:

“Thanks for this find, Dave. This is scary as hell!”

The global pandemic preparedness accord (‘pandemic treaty’) currently being put in place by the World Health Organization (WHO) will pave the way for “a fascist approach to societal management.” The beneficiaries will be unscrupulous corporations and investors whom the COVID‐19 response served well. This will result in the loss of human rights and individual freedom.

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Bill’s commentary:

“Some interesting and informative Erik today. If I might suggest to Erik, his ‘friend’ is a completely ignorant idiot, and you just can’t fix stupid …”

Bill’s commentary:

“They never squared the losses, they just papered them over.” –  Dave

“Dave, just to be clear, these derivatives are what ‘price’ all markets and assets. True clearing prices will only be seen once the derivatives’ monster collapses.” – Bill

At recent Congressional hearings on federal bank regulators’ newly proposed rules to force the largest banks in the U.S. to hold more capital against their riskiest trading positions (so that taxpayers aren’t on the hook for more bailouts), the banks and their sycophants holding Senate and House seats made it sound like it’s the American farmers who will be hurt because the derivatives they use to hedge against crop failures or price swings in their crops will become more expensive..

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Bill’s commentary:

“Is this a shock to anyone?”

Rich countries are raising more money from taxpayers than they have in decades to finance a burst of state spending as surging interest rates make borrowing less attractive. 

Tax revenues have risen to record levels as a share of economic output in a number of major economies, including France, Japan and South Korea, according to data published by the Organization for Economic Cooperation and Development, the club of mainly rich countries.

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Bill’s commentary:

“This is not even Jacks for openers, just wait …there is no bull market like a gold bull market simply because fear is a far greater emotion than greed!”

Wholesale retailer Costco sold more than $100 million worth of gold in the most recent quarter, with gold bars seeing high demand from customers.

“You’ve probably read about the fact that we’re selling one-ounce gold bars. We sold over $100 million of gold during the quarter” ended Sept. 30, Richard Galanti, the chief financial officer of Costco, said during an earnings call on Dec. 14. This was the first quarter of fiscal 2024 at Costco. The wholesale retailer started selling gold online beginning September. In an earnings call late that month, Mr. Galanti had alluded to massive demand for the product.

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Bill’s commentary:

 “Rolling Thunder Global Propaganda – Mark Crispin Miller.”

New York University (NYU) Professor Mark Crispin Miller (MCM) is an expert in propaganda. Dr. Miller says from infection to injection, Covid 19 was a global “propaganda masterpiece.” Propaganda on this level has never happened before in human history. Dr. Miller explains, “The media has been crucial to this entire operation, and I would take that a little further.

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Bill’s commentary:

“I am not one for dancing on people’s graves, but this guy died by his own sword. I do not believe there is a single person on the planet that regrets not taking the quaxx?”

A Canadian journalist who took strong positions in support of COVID-19 vaccines—including calling for vaccine passports and terminating police officers who refused the jab—has died suddenly.

Ian Vandaelle, a 33-year-old business journalist who worked at the Financial Post and earlier at BNN Bloomberg, was declared brain dead and taken off life support earlier this month, his partner, Stephanie Hughes, said in a post on X.

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Bill’s commentary:

“Don’t tell me, they ran out of ‘other people’s money’?”

San Francisco has committed a dastardly act of racism, putting a halt to its virtuous office of reparations amid budget cuts.

Apparently there are more important things than transferring wealth to black people, despite everything we’ve been told. The office, which was set to launch this year, was eliminated as part of Mayor London Breed’s $75 million cuts to the city’s budget in preparation for a major deficit in 2024.

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Bill’s commentary:

“This is very significant as now shipping and thus supply chains are affected.”

Two major freight firms including MSC, the world’s biggest container shipping line, on Saturday said they would avoid the Suez Canal as Houthi militants in Yemen stepped up their assaults on commercial vessels in the Red Sea.

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Bill’s commentary:

“I grew up in the 60’s, I remember hearing so many conversations re “how did the Germans ever let that happen”? All I can say now is this, you are watching it happen again in real time, right before your own lying eyes!”

In 1927 the French philosopher Julien Benda published La trahison des clercs—“The Treason of the Intellectuals”—which condemned the descent of European intellectuals into extreme nationalism and racism. By that point, although Benito Mussolini had been in power in Italy for five years, Adolf Hitler was still six years away from power in Germany and 13 years away from victory over France. But already Benda could see the pernicious role that many European academics were playing in politics. 

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Bill’s commentary:

“$113,000 each? We buy these shells for a local shelter under $8K each and build them out to accommodate up to five people. The labor is donated. All in cost is less than $12,000. Maybe it is something in the water that Californians drink?”

When the nonprofit Dignity Moves opened 70 homes for the homeless on a vacant lot in near San Francisco Civic Center in 2022, unhoused residents who moved into the village praised it as a dignified, caring place to get a second chance. Elected officials celebrated the site, saying they wanted to replicate it throughout the city as a cost-effective, fast and humane solution to getting people off the streets.

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Bill’s commentary:

“See, you were the guinea pig!”

There may be around a 1 in 10 chance that Pfizer mRNA COVID-19 vaccines will not generate spike proteins but something else, a new Cambridge study finds, raising concerns about autoimmune response among experts.

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Bill’s commentary:

“Our pal from down under checks in with some bad news, but Merry Christmas anyway Dave!”

‘The first casualty when war comes, is truth.’ Hiram W Johnson. (1866-1945).

Bill’s commentary:

“This guy investigated the Russian collusion hoax …then does exactly what he was investigating. You can’t make these things up!”

A former FBI special agent who headed a counterintelligence division was sentenced to more than four years in prison Thursday for supplying information to a Russian oligarch in violation of U.S. sanctions, prosecutors said.”

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Bill’s commentary:

“Some entertaining Erik”

Bill’s commentary:

“America’s roadmap whether you like it or not…!:

 On the streets of Buenos Aires, Argentines were starting to grapple on Wednesday with how they will be impacted by major austerity measures and an over 50% devaluation of the local peso currency, part of a shock plan to stabilize the economy.

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Bill’s commentary:

“Wyoming? I did not know there were any crazies in Wyoming? Well, I know a few, but they are good people!”

Former President Donald Trump is asking permission to defend himself in a Laramie civil court case that challenges his fitness to appear on the state’s election ballot. 

Trump on Tuesday filed a motion to intervene in retired Laramie attorney Tim Newcomb’s Nov. 1 challenge in Albany County District Court, where Newcomb is asking a judge to block Secretary of State Chuck Gray from ever allowing Trump or U.S. Sen. Cynthia Lummis on the state’s ballots again.  

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Bill’s commentary:

“Smart man! “

The world’s #1 tennis player Novak Djokovic says that he’s not against vaccination – he’s for people’s right to choose for themselves.

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Bill’s commentary:

“The Japanese know…”

Around 70 percent of people who died in Japan after receiving a Pfizer COVID-19 vaccine lost their lives in the first 10 days following the jab, according to a recent study.

The peer-reviewed Japanese study, published in the Cureus journal on Dec. 7, looked at the association between Pfizer COVID-19 vaccination and deaths within 10 days of vaccination.

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Bill’s commentary:

“‘Safe and effective’? Nothing to see here, please move along…!”

Lieutenant Ted Macie, an active-duty officer in the Navy Medical Service Corps and whistleblower, has been barred from accessing his work computer by the Department of Defense (DOD).

This action comes after The Gateway Pundit wrote about Lt. Macie’s exposé on the significant increase in heart-related issues among military pilots post-COVID-19 vaccination.

Lt. Macie, who also holds roles as a Navy Health Administrator and Medical Recruiter, brought attention to these concerns through a video, echoing the initial alarms raised by his wife, Mara Macie, a candidate for Florida’s 5th Congressional District in the U.S. House against RINO John Rutherford.

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Bill’s commentary:

“None of this will surprise you.”

A virtually unregulated investment firm today exercises more political and financial influence than the Federal Reserve and most governments on this planet.

The firm, BlackRock Inc., the world’s largest asset manager, invests a staggering $9 trillion in client funds worldwide, a sum more than double the annual GDP of the Federal Republic of Germany.

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Bill’s commentary:

“Power has already shifted. Quite interesting that Mr. Putin will head the BRICS for 2024, what could this mean?”

Saudi Arabia and Russia, the world’s two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy only days after a fractious meeting of the producers’ club.

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Bill’s commentary:

“A rather cheerful Erik!”

Bill’s commentary:

“Money supply is gasoline for the economic motor, without it the motor stalls!”

Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years.

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