In The News Today

Posted at 8:09 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Debt, debt, and more debt …what could possibly go wrong?

Household debt tops $16 trillion for the first time, fueled by higher inflation and interest rates

Household debt climbed past $16 trillion in the second quarter for the first time, as soaring inflation pushed up housing and auto balances, the New York Federal Reserve reported Tuesday.

More…

Bill Holter’s Commentary

  A truly touching, yet very sad story.  I think what Pastor Stanley is telling you is this, “there are no atheists in a foxhole and God always wins in the end”!

https://www.encouragingangels.org/new-blog/2022/8/1/3a64tjgxdy9x2vzgoefu335bbb1ds8

Bill Holter’s Commentary

Satire my ass, these people are evil.  You will eat crickets and be happy!  As I have said before, I am now ashamed I ever collected for “UNICEF” back in 1st grade …

UN Deletes Article Titled ‘The Benefits of World Hunger.’ Was It Real or Satire? – Foundation for Economic Education (fee.org)

Bill Holter’s Commentary

Even if the crypto exchanges were FDIC insured, does the FDIC even have the capital to make good?  Do they even have the capital when a money center bank goes down?  Do you understand why these banks have been considered “too big to fail”?

Brace Yourself for Federally-Insured Bank Failures Caused by Crypto (wallstreetonparade.com)