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
COLLAPSE ITEMS
CYBER
- Roku says more than 500,000 accounts impacted in cyberattack
- Cyber Force Advocates Push for New, Separate Military Branch
- US Cyber Agency: Russian Hackers Stole Gov’t Emails
ECONOMIC
- Safe-Haven Demand Fuels Gold to a Record $2,400 High
- Central Banks Are Buying The Gold Top
- “A Matter Of Economic And National Security”: Sen. Brown Urges Biden To Ban Chinese EVs In US
- Shares Of Morgan Stanley Sink After Multiple Federal Regulators Probe Wealth-Management Practices
- Digital IDs are being rolled out globally; from Europe to Ethiopia to Australia
- USPS proposes raising the prices of 1st class stamps to 73 cents
- The Fried Chicken Is in New York. The Cashier in Philippines
- IRS Direct File Tax Program a ‘Bust’
- JPMorgan profit rises 6% even as interest income forecast falls short of predictions
- Wells Fargo profit shrinks more than 7% on lower interest income
- BlackRock assets hit record $10.5 trillion as markets surge
- US import prices rise; underlying imported inflation pressures muted
- Facing historic deficit, Calif. governor uses accounting trick he called a ‘gimmick’
- Dollar stores are shutting down across America. They did this to themselves.
- $25 McDonald’s bundle in viral video draws blame for California minimum wage hike
- California Can’t Account for $24 Billion Spent on Homeless Crisis
- Energy Prices Surge Under Biden 13 Times Faster Than Previous 7 Years
- European Central Bank Trying to Sell Public on Central Bank Digital Currencies
- USDA: Straight White Male Farmers Will Receive Disaster Aid Last
- Sound Money Vs. Fiat Currency: Trade and Credit Are the Wild Cards
EDUCATION(AL)
- ‘No More Scoring’: Mattel to Release More Gen-Z Friendly Scrabble in Europe
- Most US Colleges Require DEI Courses to Graduate
- Bestiality taught in school’s ‘queer’ sex class
- Tennessee Passes Bill Allowing Teachers to Carry Guns
- LGBTQ-themed books top list of most challenged library books of 2023
ELECTION
ELECTRIC VEHICLES (EV)
- Biden urged to ban China-made electric vehicles
- “A Matter Of Economic And National Security”: Sen. Brown Urges Biden To Ban Chinese EVs In US
- Ford Lightning Price Cut “Sends Shockwaves Through EV Market”
- Rivian, Lucid, Tesla Stocks Tumble As Price War Escalates
ENVIRONMENT / CLIMATE
- Waste Heat Generated from Electronics to Warm Finnish City in Winter Thanks to Groundbreaking Thermal Energy Project
- Fish Swim in Schools for Stealth–as 100 Fish Make Less Noise Than an Individual Swimming Alone
FOOD
- Attacks Against Our Food Supply Will Not Stop Until We Are All Eating Bugs AKA Insect Protein, Or The Majority Of The Population Is Dead, Both Scenarios Are Most Likely
- The Fried Chicken Is in New York. The Cashier in Philippines
GEO-POLITICAL
- Iranian Attack Expected on Israel in Next Two Days
- Greece’s tumbling birth rates will be difficult if not impossible to reverse
- Russian oil and products trapped on tankers hit by new Iran-related sanctions
- Multiple Global Pestilences Threaten To Spiral Completely Out Of Control
- Will Much Of The Middle East Soon Be Turned Into “A Pile Of Smoking, Radioactive Rubble”?
- European Central Bank Trying to Sell Public on Central Bank Digital Currencies
- Want to visit Brazil? US travelers will need to share bank statements first
- US-China competition to field drone swarms could fuel arms race
- Digital IDs are being rolled out globally; from Europe to Ethiopia to Australia
- Swedish nationalists call for declaration of war on gangs after father shot dead in front of son
- Hungary moves to ban energy drinks for children
- German Lawmakers Vote on Making Changing Legal Gender For Children Easier
- China Sanctions Two Major American Defense Companies over U.S. Arms Sales to Taiwan
- UK government rejects calls for clearer facial recognition laws
- The Final Nail In The Coffin Of Synchronized Central Bank Actions
ISRAEL
- Dozens of Palestinians killed in Gaza as Hamas official vows to ‘break’ Israel
- Top U.S. general to visit Israel, coordinate plans as Iran threatens retaliation
- Iran Says If US ‘Interferes’ In Retaliation On Israel, American Bases Will Be Struck
- ‘Automated Assassination’: Israel Lets AI Decide Who Dies In Gaza
UKRAINE
- Kremlin: Aborted Peace Deal Could Be Basis for Ukraine Talks
- Russia Military at Pre-war Level, US General Says
- Russia Destroys Major Ukrainian Power Plant In Missile Strike, Power Shortages Expected
- Russian Attacks on Ukraine Stoke Fears Army Near Breaking Point
GLOBALIZATION
- Thinking People And Truth Are The Globalists Worst Enemies
- Digital IDs are being rolled out globally; from Europe to Ethiopia to Australia
IDENTITY
- Why Are There So Many Transgender Hollywood Kids?
- German Lawmakers Vote on Making Changing Legal Gender For Children Easier
- Canadian Court Approves Public Funding of ‘Gender-Affirming’ Surgery
IMMIGRATION
- ILLEGAL MIGRATION under Biden nears aggregate total of LEGAL MIGRATION processed at Ellis Island in New York for 62 years
- Denver Mayor Allocates $90 Million for Illegals
- City plans to defund its police force to pay for illegal immigrants
- San Diego leader: 125,000+ illegal immigrants have been released into America without proper vetting
- These are border officers migrants fear — they are not Americans
- Immigrants in Maine are filling a labor gap. It may be a prelude for the U.S.
- 54 Convicted Sex Offenders Arrested After Trying to Cross Border
LEGAL / CRIMINAL
- WATCH: Eight Alleged Armed Robbers Flee Jewelry Store When Owner Appears with Shotgun
- Trans Antifa Member Charged with Detonating Explosive Outside Alabama AG’s Office
- Mom, 85, committed ‘justifiable homicide’ by shooting armed home intruder, prosecutor says
- Conservatives press House to ban warrantless searches
- Dangerous Mexican cartel’s criminal network exposed in Houston car theft ring takedown
- Arizona AG Says She Will Not Enforce 1864 Law Banning Most Abortions
- OJ Simpson died owing $100M to families of murder victims
- Terminally ill ask more states to legalize physician-assisted death
MEDIA
- NYT Bosses Seek to Quash Rebellion in Newsroom
- NPR in Turmoil After Accused of Liberal Bias
- Four years later, Fox News now admits to the entire COVID origins conspiracy and cover-up
- USPS proposes raising the prices of 1st class stamps to 73 cents
- NBC Chairman Sits on Board of Pepsi and Walmart
MEDICAL
- Drug shortages reach all-time high; 323 medicines in short supply
- Terminally ill ask more states to legalize physician-assisted death
Coronavirus-19
- Four years later, Fox News now admits to the entire COVID origins conspiracy and cover-up
- Rand Paul Claims 15 U.S. Agencies Knew About Wuhan’s Development of COVID-19 and Did Nothing
NATIONAL SECURITY
- “A Matter Of Economic And National Security”: Sen. Brown Urges Biden To Ban Chinese EVs In US
- House panel proposes 15% pay hike for enlisted military members amid recruiting crisis
- FBI concerned about attack in USA after Russia massacre
- Cyber Force Advocates Push for New, Separate Military Branch
POLITICAL
- House panel proposes 15% pay hike for enlisted military members amid recruiting crisis
- Biden Admin Finalizes Controversial Rule To Expand Background Checks On Gun Sales
- USPS proposes raising the prices of 1st class stamps to 73 cents
- Terminally ill ask more states to legalize physician-assisted death
- Cyber Force Advocates Push for New, Separate Military Branch
- Conservatives press House to ban warrantless searches
PREPAREDNESS
- Drug shortages reach all-time high; 323 medicines in short supply
- USPS proposes raising the prices of 1st class stamps to 73 cents
- Everything You Need to Know About EMPs from a NASA Expert
- Sound Money Vs. Fiat Currency: Trade and Credit Are the Wild Cards
- Why Location Matters in Emergency Prepping
- Better Than a Bunker
- Don’t Become a Victim: Personal Safety Tips for Women
SECOND AMENDMENT
- VP Kamala Harris Lauds ATF Rule Forcing Background Checks on Private Gun Sales
- Biden Admin Finalizes Controversial Rule To Expand Background Checks On Gun Sales
- Mom, 85, committed ‘justifiable homicide’ by shooting armed home intruder, prosecutor says
- ATF Wants Funding For Data Analysts To Gather Gun Trace Information
- ATF Final Rule Redefines Word ‘Sale’ So that ‘Bartering’ for a Neighbor’s Gun Requires a NICS Check
- ATF Finalizes Controversial Rule to Expand Background Checks in Firearm Sales
- Czechoslovak Group to Buy U.S. Ammo Makers with Financing from JP Morgan Chase
- US to close ‘gun show loophole’ and require more background checks
- Tennessee Passes Bill Allowing Teachers to Carry Guns
SOCIAL / CULTURE
- Terminally ill ask more states to legalize physician-assisted death
- ‘No More Scoring’: Mattel to Release More Gen-Z Friendly Scrabble in Europe
SPACE
TECHNOLOGY
TERRORISM
WATER
- One of world’s highest cities rationing water for 9 million people
- US limits on PFAS in drinking water could fuel litigation
WOKE