from Health Ranger Report:
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More Inflation, More Copper Theft
by Peter Schiff, Schiff Gold:
When unemployment and inflation cause skyrocketing incentives for thieves to steal industrial metals like copper, criminals rush for some of the biggest sources: critical infrastructure. That includes cell towers, water pipes, street lights, and rail lines. These copper heists threaten transportation, communication, municipal services, urban safety, and other essentials of modern life.
The chaos they can cause can cost lives, too — for example, copper heists from railways can cause warning lights, intersection gates, and turnouts that divert trains to other tracks to go offline.
THE MOSCOW ATTACKS: PUTIN: WE HAVE ONLY UNFRIENDLY ELITES
by Joseph P. Farrell, Giza Death Star:
As you might have gathered from this week’s blogs, I am very suspicious that there may be a connection between the Francis Scott Key Bridge Attack, and the West’s actions in the Ukraine from the Kerch Strait Bridge attacks to the recent terrorist murders of over a hundred Russians at the Crocus concert hall in Moscow. As one might expect, and as I alluded to in Monday’s blog (“A Bridge In Baltimore, Part One”), there have been further developments in the Moscow story, with the FSB (Federalnaya sluzhba Bezopaznosti) head Bortnikov giving a rare public press conference on the Russian intelligence agency’s developing case for deeper western involvement behind the alleged ISIS- shooters who, in very uncharacteristic Islamic-terrorist-fashion, did not commit suicide upon danger of apprehension. And of course, there is that strange remark by Victoria Nuland in January before the Russian elections overwhelmingly returned Mr. Putin to power (thanks again to V.T. and P.T. and to all the rest of you for sharing these three articles):
Junk Bond Default Surge Continues in 2024
by Peter Schiff, Schiff Gold:
Consumers aren’t the only ones defaulting on their debts: Corporate bond defaults were up massively in 2023, especially for high-risk junk debt, and the trend is continuing this year at a pace not seen since the 2008 global financial crisis. Unsurprisingly, companies selling low-rated junk debt are being hit the worst.
Last year, according to S&P Global Ratings, corporate bond defaults increased by a disconcerting 80%. High interest rates coupled with high inflation have made it a struggle for companies to make good on their commitments even as waves of new bond buyers continue to arrive, eager to lock in higher yields before rates go down. Demand remains strong for junk bonds and hybrid debt, but for companies with poor liquidity, poor to negative cash flow, and/or an outsized existing debt burden, the result is a compelling setup for even more defaults in 2024.
BRICS should create alternative international monetary system – envoy
from RT:
The bloc’s members should work together to strengthen their economies, Ethiopian Ambassador Cham Ugala Uriat has told RT
It is vital for BRICS to create an alternative international monetary system, the Ethiopian ambassador to Russia, Cham Ugala Uriat, has told RT in an exclusive interview.
Uriat stated the bloc’s members should collaborate to enhance their economies and create a new alternative to the International Monetary Fund (IMF).
America Is Hurtling Toward a Full Blown Hot Civil War
by Justin Smith, The Burning Platform:
It never ceases to amaze me at how little so many people in this country have done to train their minds to critically analyze information. They have eyes to see and ears to see, and yet, somehow the truth of any major issue still seems to evade them, or they simply refuse to recognize the truth with it standing right in front of them, slapping them in the face.
So many things are currently plumb damned fouled up by this Biden regime and going awry on their own through the dynamics set in motion by this anti-American, lawless regime, that it’s nearly impossible to properly address them all in a single commentary. But I’ve tried to give the Reader as comprehensive an assessment as I possibly can with this piece.
Experts Say Seizing Trump’s Assets Won’t Be Easy for Letitia James
by Sarah Arnold, Townhall:
The Monday deadline for former President Trump to pay his $464 million bond or risk having his assets seized in the corrupt city of New York ticks.
However, reports admit that it won’t be as easy as New York Attorney General Letitia James just showing up and expecting the former president to hand over the keys to his properties.
Our media’s integrity has denigrated into a bad Monty Python skit
by Wallace Garneau, America Outloud:
Upon being told that Freedom of Religion precludes America from ever being a Christian state, John Adams shot back: “This is not a Christian nation, sir, and upon that, we agree. This is, however, a nation of Christians, and it is the Christian tradition that guides us.”
This is a profound statement, particularly when paired with the fact that John Adams viewed the central premise of Jesus’ teachings to be ethical rather than religious.
I hear over and over and over again that people can be moral without religion, and this is, of course, true, but it is also true that if morality is but a construct of man, then each of us is free to define our own morality however we wish, which brings us to a much more famous John Adams quote:
SHOCKING report reveals criminal ILLEGALS given 7 TIMES MORE taxpayer-funded assistance than suffering military families | WHAT?!
SHOCKING report reveals criminal ILLEGALS given 7 TIMES MORE taxpayer-funded assistance than suffering military families | WHAT?! pic.twitter.com/6TFkHI4GZJ
— Benny Johnson (@bennyjohnson) March 27, 2024
Right-Wing Media See Traffic Plummet in Wake of Algorithm Changes by Facebook, Google
by Chris Menahan, Information Liberation:
The Atlantic on Saturday ran an article boasting about right-wing media sites seeing their traffic implode due to algorithmic changes by Facebook and Google — but the joke is on them.
From The Atlantic, “Right-Wing Media Are in Trouble”:
As you may have heard, mainstream news organizations are facing a financial crisis. Many liberal publications have taken an even more severe beating. But the most dramatic declines over the past few years belong to conservative and right-wing sites. The flow of traffic to Donald Trump’s most loyal digital-media boosters isn’t just slowing, as in the rest of the industry; it’s utterly collapsing.
Lawmakers in San Francisco Want to Allow Residents to Sue Grocery Stores for Closing
by Mike LaChance, The Gateway Pundit:
Stores throughout greater San Francisco have been closing for months. Major retailers have ditched the city, as well as pharmacies and grocery stores. All mainly due to crime and theft.
Now lawmakers in the city want to allow residents to sue grocery stores for closing.
This is completely backwards. The city could stop all of the theft tomorrow if they wanted to by simply enforcing the law. Then the stores wouldn’t close in the first place. But that would entail admitting that the left’s policies are wrong and don’t work, so they’re going after the stores.
Central Banks Are Buying the Gold Top
by Peter Schiff, Schiff Gold:
In investing, “Buy low, sell high” is among the most well-known sayings, and generally, it’s good advice. But with gold still holding near its historic all-time highs, central banks led by China are bucking the classic adage and smash-buying more, buying the top to fortify themselves against a global monetary and financial blow-up.
Last month marked the 17th in a row that the People’s Bank of China (PBOC) continued stacking gold. Notably, the bank typically reports lower numbers than its actual buying volume and is now also introducing a digital yuan to facilitate cross-border gold settlements.
