Bill’s Commentary:
“Scientists confirm that the “conspiracy theorists” were correct regarding the jab. Are we running out of conspiracy theories not proven to be real…?”
Bill Holter’s Blog
The latest from USA Watchdog –
Bill’s Commentary:
“No matter what, both sides of the Pacific Ocean will PUMP COPIOUS AMOUNTS OF NEW MONEY INTO THE SYSTEM as sure as death and taxes!”
China’s Keynesian Model Is Crumbling. It Needs a Trade Deal, Fast…
In the past decade, the Chinese economy has expanded its central-planned neo-Keynesian model that simply cannot survive without a trade deal. The Chinese manufacturing sector has followed a running-to-stand-still strategy that simply cannot subsist without the enormous trade surplus with the United States.
The Chinese manufacturing sector overcapacity is not an anecdote. It is the norm. China produces 30% of the world’s manufacturing goods but consumes less than 18%, according to CKGSB. Additionally, China’s industrial capacity utilization rate fell to 74.1% in the first quarter of 2025.
Bill’s Commentary:
“Drill baby drill!”
Gulf Coast may be sitting on more undiscovered oil and gas than we thought
Dating to the Cretaceous period, the geological era between 145.5 and 66 million years ago, the sedimentary rocks far underneath East Texas and Louisiana contain significant undiscovered energy resources, the U.S. Geological Survey reported this week.
According to a USGS news release, the Hosston and Travis Peak formations under the western Gulf Coast states could yield as much as 28 million barrels of oil and nearly 36 trillion cubic feet of natural gas. The release added that since exploration began, the formations have already produced 8 trillion cubic feet of natural gas and 126 million barrels of oil.
Bill’s Commentary:
“Remember this, the global financial system rests entirely upon “debt”. This foundation will ultimately be seen as quicksand…”
Japanese 40 Year Gov’t Bond Trading at Record High Yield Signals Trouble in One of the Largest Bond Markets
As I write, this morning the Japanese Government (JGB) 40 Year bond is trading at record high yield, currently 3.44%%.
There are only two times in history that the JGB 40 year has traded as high as 3%. That happened in January 2011 and again in January 2024.
As one can see in the chart above, rates on the JGB 40 year have spiked from just 2.60% a month ago to 3.44% today.
Bill’s Commentary:
“Interesting!”
Bill’s Commentary:
“…and the “why” BRICS even formed.”
Global Shift to Bypass the Dollar Is Gaining Momentum in Asia
Banks and brokers are seeing rising demand for currency derivatives that bypass the dollar, as trade tensions add a sense of urgency to a years-long shift away from the greenback.
Firms are receiving more requests for transactions including hedges that sidestep the dollar and involve currencies such as the yuan, the Hong Kong dollar, the Emirati dirham and the euro. There’s also demand for yuan-denominated loans, and a bank in Indonesia is setting up a desk for the Chinese currency.
The vast majority of foreign-exchange trades use the dollar even if they’re transferring money between two local currencies. For example, an Egyptian company wanting Philippine pesos will typically transfer its local currency into the greenback before buying pesos with the dollars it receives. But companies are increasingly looking at strategies that skip the dollar’s role as a go-between.
Bill’s Commentary:
“Again, price always follows volume…”
Panic as US vacation rental boom collapses and owners rush to sell at steep discounts
Vacation homes are being dumped at a rapid rate as fresh fears of a housing market crash — and a shrinking pool of renters — rattle sellers.
The number of people buying second homes has plunged to its lowest level since records began, and is under a third of what it was during the pandemic boom.
A toxic mix of sky-high mortgage rates, soaring maintenance costs, and a widespread return-to-office push is fueling the trend.
Bill’s Commentary:
“Meet the new boss same as the old boss?”
‘Trump Sides With Pfizer’: Trump’s DOJ Has Dismissed Lawsuit Against Pfizer Concerning Its Fraudulent COVID Jab “Clinical Trial”— Brook Jackson
Pfizer Whistleblower Brook Jackson explains how Trump’s DOJ has dismissed her lawsuit against Pfizer concerning its fraudulent COVID-jab “clinical trial.”
Trump’s DOJ said her case “lacks merit” and “does not align with public health policy.” “The Biden administration had access to the same data that Trump does,” Jackson says.
“The two administrations have held the same position. Nothing has changed.”
The latest from USA Watchdog –
Bill’s Commentary:
“If you want to hear true history, just read Churchill and Roosevelt’s statements on the end of WWII…”
The latest from Erik –
Bill’s Commentary:
“In 4 years, another $10 trillion in debt? Do we even get there without full on collapse? I seriously doubt it!”
https://www.usdebtclock.org/current-rates.html
Bill’s Commentary:
“He is worried about people saying ‘he died rich’? I would be more worried that people would say ‘the evil bastard died after using his wealth for ANTI HUMAN causes’!”
Bill Gates plans to give away nearly all of his personal wealth and shutter the Gates Foundation within 20 years, the billionaire announced in a blog post on Thursday.
“People will say a lot of things about me when I die, but I am determined that ‘he died rich’ will not be one of them,” wrote Gates, 69. “There are too many urgent problems to solve for me to hold onto resources that could be used to help people.”
The Microsoft co-founder, whose net worth Bloomberg currently estimates at $168 billion, has pledged for years to give away most of his wealth to his philanthropic foundation. His eventual goal is to drop “off of the list of the world’s richest people,” he wrote in a social media post in July 2022.
Bill is interviewed by Triangle investor (Also posted under Interviews)
Bill’s Commentary:
“Erik speaks of many areas of the world and starts with Muslims. Thomas Jefferson certainly had an opinion on this….”
The latest from Erik –
Bill is interviewed by Dan Fournier of Down the Rabbit Hole (Also posted under Interviews)
https://fournier.substack.com/p/32-the-great-monetary-reset-is-under
The latest from USA Watchdog –
Bill’s Commentary:
“This is why you send your kids to trade school rather than letting them get indoctrinated by leftard stupidity at a college!”
The High-School Juniors With $70,000-a-Year Job Offers
PHILADELPHIA—Elijah Rios won’t graduate from high school until next year, but he already has a job offer—one that pays $68,000 a year.
Rios, 17 years old, is a junior taking welding classes at Father Judge, a Catholic high school in Philadelphia that works closely with companies looking for workers in the skilled trades. Employers are dealing with a shortage of such workers as baby boomers retire. They have increasingly begun courting high-school students like Rios—a hiring strategy they say is likely to become even more crucial in the coming years.
Employers ranging from the local transit system to submarine manufacturers make regular visits to Father Judge’s welding classrooms every year, bringing branded swag and pitching students on their workplaces. When Rios graduates next year, he plans to work as a fabricator at a local equipment maker for nuclear, recycling and other sectors, a job that pays $24 an hour, plus regular overtime and paid vacations.
Bill’s Commentary:
“Why is it a problem now? With all the new high tech? They did it smoothly 50 years ago with super low tech…”
Inside the multi-day meltdown at Newark airport
CNN — Air traffic controllers in Philadelphia were guiding planes to Newark Liberty International Airport in New Jersey last week when communications suddenly crashed.
“Approach, are you there?” one pilot asked the controller.
The controller stopped responding.
United Airlines Flight 1951, flying from New Orleans to the Newark hub, tried to radio the controller five times before finally getting a response.
“United 1951, how do you hear me?” the controller asks, according to air traffic control conversations recorded by the website LiveATC.net.
“I got you loud and clear, United 1951,” the pilot responds.
For at least 90 seconds, controllers lost the ability to see planes on radar scopes and for a minute they could not communicate with pilots, a source with knowledge of the situation tells CNN. (Transportation Secretary Sean Duffy said Monday air traffic controllers lost contact for 30 seconds.)
Bill and Denny sat down with TRX CEO Stephen Mullowney for an update on operations.
Bill’s Commentary:
“How much “citizen rights” would an American receive if they broke into another country illegally? This should not even be a discussion…”
How much “Due Process” is Actually Due
A series of legal challenges are mounting against the Trump administration’s aggressive efforts to remove noncitizens, many of which allege violations of constitutional due process protections. Attorneys for the noncitizens in these cases argue that removals have been carried out without “due process.”
But what exactly is “due process” in this context? Everyone seems to be certain that everyone is entitled to it. Everyone seems pretty certain that it’s being denied. But does everyone clamoring for it actually know what “due process” would look like?
It turns out, not much.
Bill’s Commentary:
“Gold coming into the system, not out of it…”
China to boost yuan with overseas gold storage facilities as it challenges US hegemony
China will allow certain products traded on the Shanghai Gold Exchange to be delivered overseas by establishing storage facilities in other countries – part of a broader effort to promote the yuan and reduce reliance on the US dollar and US financial systems, according to top regulatory agencies.
In an action plan aimed at enhancing Shanghai’s cross-border financial services to support outbound investment and the Belt and Road Initiative, Chinese regulators said key financial platforms would be strengthened to better allocate global financial resources and enable deeper international investor participation in China’s markets.
Bill’s Commentary:
“Here is my opinion, guaranteed by the 1st Amendment, and enforced by the 2nd…this woman is an idiot. She could not even define a woman while testifying to Congress! Did she lie under oath or just stupid?”
Supreme Court’s Ketanji Jackson Says Criticizing Judges Is ‘Attack On Democracy’
People who criticize activist judges (who often refuse to recuse themselves amid wide-ranging conflicts of interest while ruling against Donald Trump’s agenda) are ‘attacking democracy,’ according to US Supreme Court Justice Ketanji Brown Jackson.
On May 1, Jackson – who was apparently referring to recent comments by Donald Trump, though not specifically naming him – told an audience at the First Circuit Judicial Conference in Rio Grande, Puerto Rico, “The attacks are not random. They seem designed to intimidate those of us who serve in this critical capacity.”
Bill’s Commentary:
“You know, these are the ones coming of age to buy starter homes…”
Federal student loans are due again. A record percentage of borrowers are seriously delinquent
About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, according to a new analysis published Monday by TransUnion.
Research from the information and insights company suggests that a significant numberof Americans with student loan debt are not able to make payments, did not know payments were due or decided not to pay.
The findings come as the Department of Education has vowed to restart collecting federal student loans in default starting Monday following a Covid-era pause.
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