Credit Bubble Bulletin – Doug Nolan
McAlvany Intelbrief
The McAlvany Intelbrief is a round-up of the day’s important news from a multitude of sectors that can and do impact the financial markets.
[FYI – Repetition of items is on purpose because the item fits into 2 or more categories, not a mistake by me.]
AI
- Israeli spy chief blows his cover after authoring a book published on Amazon about AI-driven warfare
- USPTO warns patent lawyers not to pass off AI inventions as human
- Behind the curtain: Amazon’s “AI grocery store” is actually run by 1,000 Indian employees watching customers through video feeds
ANTS RISING
- Drone factory in Utah is epicenter of anti-China fervor
- Europe’s farmers in revolt and far right trying to make hay
ECONOMIC
- US Deficit Tops $1.1 Trillion For First Six Months Of Fiscal 2024 As Spending Hits 2024 High
- 60% of Americans feel they pay too much in federal taxes
- “I Cannot Afford To Live”: Americans Get Emotional As The U.S. Economy Goes Off The Rails
- The Only Reason Biden Is “Adding” Jobs Is Because Americans Need Extra Side Jobs to Make Ends Meet
- Americans pay $524,625 in lifetime taxes. Which state taxes most?
- Small-business optimism drops to more than 11-year low as inflation crushes Americans
- SUMMERS: Fed’s next rate move COULD BE A HIKE!
- Wholesale Prices Rose 2.1 Percent, Most Since April
- Unemployment Claims Fall More Than Expected
- Credit-Card Delinquency Rates Worst on Record
- Gas Prices Double Again Under Biden, White House Claims Otherwise
- Stamp Prices Rise By 8%, For The Second Time In 4 Months
- The Case For Owning Treasuries Is Evaporating
- California’s Latest Hustle: Utility Bills Based On Ratepayers’ Income
- Inflation Check: Doctors Making $350,000 Per Year Can’t Find Homes In Long Island As Prices Surge 50%
- All-cash offers, wealthy buyers push SoCal home prices to record
- Real Estate Nightmare Unfolding in St. Louis
- Hidden Costs of Homeownership Skyrocketing
- Durbin, Marshall Weaponizing the Government to Help Mega-Stores
- What’s Behind the Soaring Gold Price?
- Von Greyerz: Gold & Silver Are Entering Their Exponential Phase
EDUCATION(AL)
- 59-year-old woman breaks world record for planking
- Astronauts Watched the Eclipse From ISS Space Station And Grabbed Some Cool Pictures and Video
- 7 state attorneys general sue Biden over new student-loan forgiveness
- Multiple wounded after mass shooting at Philadelphia Ramadan event
- Pacific castaways’ ‘HELP’ sign sparks US rescue mission – and an unexpected family reunion
- Don’t say yes when caller asks ‘Can you hear me now?’
- Rope climber attempts world record at Eiffel Tower
- Bird Flu scamdemic begins
- The COMMUNIST INFILTRATION of America’s educational curriculum and children’s minds
- Biden Education Secretary Refuses To Answer Whether ‘Women Are Physically Different Than Men’
- Bestiality taught in school’s ‘queer’ sex class
ELECTION
ELECTRIC VEHICLES (EV)
- Electric car sales plunge as Europe returns to petrol
- 3 Senate Democrats join in GOP campaign to slow Biden’ EV campaign
ENVIRONMENT / CLIMATE
- Climate Irony: US cuts coal power to record lows while China hits record high coal imports
- Hawaii ‘on the verge of catastrophe’ as water crisis continues
- Biden Awards $830M for Climate Change Infrastructure
FOOD
GEO-POLITICAL
- Why Islam Will Likely Win Its Forever War Against the West
- IMF Prepares Financial Revolution – Say Goodbye To The Dollar
- Bank of Canada Keeps Rates Unchanged, Needs More Evidence Of Slowing Inflation Before Cuts
- Japan to Gift U.S. with 250 Replacement Cherry Trees
- Influx of Chinese Migrants Poses Major National Security ‘Threat’
- Musk says X received US House query on Brazil actions
- Waiting For The Other Shoe To Drop In The Middle East
ISRAEL
- US believes Iran missile strikes against Israel imminent: report
- Hamas says it doesn’t have 40 living hostages required for ceasefire deal
- Benjamin Netanyahu’s son LIVING IN LUXURY in Florida while thousands of Israelis are called to rejoin IDF
UKRAINE
- US Drones Are Expensive And Error-Prone So Ukraine Turns To China
- Zelenskyy Calls for More Aid Amid ‘Massive’ Airstrikes
- Ukraine’s Conscription Law Bolstering Forces by 500,000
- ‘Waiting for My Time to Come’: Ukraine’s New Draft Law Unsettles Young
- Switzerland to Host Ukraine Peace Conference… But Russia Isn’t Attending
- Baptist Leaders Call for Johnson’s Support of Ukraine
- Meet the Ukrainian amputees returning to the front to resist Russian advance
GLOBALIZATION
IDENTITY
- Japanese publisher of book against gender ideology refuses to be intimidated by LGBT activists
- And ANOTHER CHILD With Famous Hollywood Parents Converts To TRANSGENDERISM
- Biden Education Secretary Refuses To Answer Whether ‘Women Are Physically Different Than Men’
- Judge Temporarily Halts Florida Teacher Pronoun Law
- Bestiality taught in school’s ‘queer’ sex class
IMMIGRATION
- Biden Claims He’s “Examining” a Border Shutdown – He’s Just Buying Time before November
- 54 Migrant Sex Offenders Arrested in One Texas Border Sector This Year
- Influx of Chinese Migrants Poses Major National Security ‘Threat’
- 54% Of Americans Think Biden’s Open Borders Aimed At Creating Permanent Democrat Majority
LEGAL / CRIMINAL
- O.J. Simpson Dead
- Multiple wounded after mass shooting at Philadelphia Ramadan event
- Don’t say yes when caller asks ‘Can you hear me now?’
- 7 state attorneys general sue Biden over new student-loan forgiveness
MEDIA
- Meta to Blur Instagram Messages Containing Nudity
- Japanese publisher of book against gender ideology refuses to be intimidated by LGBT activists
- Globalism on the airwaves: Soros fund now bankrolling radio stations
MEDICAL
- Bird Flu scamdemic begins
- ‘Inclusive Healthcare’: Man Has Two Healthy Fingers Amputated For ‘Body Integrity Dysphoria’
NATIONAL SECURITY
- Inside secret nuke bunker built to house ENTIRE US Congress
- Air Force Fleet Size Will Continue to Shrink Amid Historic Low
- Army Enlarging Pre-basic Training Prep Courses to Stem Recruiting Crisis
POLITICAL
- Biden Claims He’s “Examining” a Border Shutdown – He’s Just Buying Time before November
- Democrats Vote Against Bill Seeking to Add Citizenship Question to U.S. Census
- Biden’s ‘Weekend at Bernie’s’ Moment – Also Needs Cheat Sheet for Most Basic Remarks With Japanese PM
- Texas Democrat Has a New Idea on How to Provide Reparations to Black Americans – suggested that black Americans should be exempt from paying taxes as a form of reparations.
- How America’s next Civil War could unfold: ‘It’s looming — battle lines drawn’
- Inside secret nuke bunker built to house ENTIRE US Congress
- California’s Latest Hustle: Utility Bills Based On Ratepayers’ Income
- 54% Of Americans Think Biden’s Open Borders Aimed At Creating Permanent Democrat Majority
- Gavin Newsom Orders State Employees to Return to Office
- Biden Awards $830M for Climate Change Infrastructure
- Yes, The Collapsed Baltimore Bridge May Be Renamed Because It Was ‘Racist.’
- Biden Education Secretary Refuses To Answer Whether ‘Women Are Physically Different Than Men’
- Surveillance bill implodes amid Republican infighting; Latest blow to Johnson
- US Closing ‘Gun Show Loophole’ on Background Checks
PREPAREDNESS
- California on alert as San Andreas fault hints at quake
- Inside secret nuke bunker built to house ENTIRE US Congress
- Pacific castaways’ ‘HELP’ sign sparks US rescue mission – and an unexpected family reunion
- Ways to Teach Children About the Dangers of Wild Animals
- Don’t say yes when caller asks ‘Can you hear me now?’
- Water pouring out of rural Utah dam through 60-foot crack, putting nearby town at risk
- 22 Essential Tips to Maximize Your Dehydrated Food Shelf Life
- 8 Worst Places To Be In An EMP
SECOND AMENDMENT
SPACE
- Astronauts Watched the Eclipse From ISS Space Station And Grabbed Some Cool Pictures and Video
- Astronaut landing on moon. For first time, won’t be American
TERRORISM
WATER
WEATHER
