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
ANTS RISING
- UAW Strike Ends But Spiking Labor Costs Will Hamper Detroit For Years To Come
- United Auto Workers end strike after reaching tentative agreements with Ford, Stellantis, General Motors
- “Pharmageddon” Strikes US Drugstores As 5,000 Workers Walk Off Job
- ‘No-Go Zone For Jews’ — Hundreds of Anti-Israel Activists Occupy London’s Liverpool Street Station
- Bud Light Suffers Major New Sales Blow
CENSORSHIP
COLLAPSE ITEMS
CYBER
BANK FAILURES
- Banks Closing Across San Francisco Area, Often Without Warning
- Expert: Triumvirate of Asset Managers, Banks, Insurers Pushing Far-Left ESG Agenda
ECONOMIC
- Economy Is Great. Why Are Americans in Such a Rotten Mood?
- The hidden culprit driving boarded-up storefronts
- Bud Light Suffers Major New Sales Blow
- Treasury to step up size of bond sales to manage growing debt load and higher rates
- Central bank gold binge is even bigger than previously thought
- U.S. fiscal deficit more serious problem ‘than ever before’
- Living Paycheck To Paycheck Has Become “The Main Financial Lifestyle” For U.S. Consumers
- Americans panic search “give car back” as subprime auto loan delinquency erupts
- Consumer Confidence Falls to Five-Month-Low
- U.S. Gasoline Refining Profits Tumble As Demand Weakens
- Jury Finds Realtors Conspired to Keep Commissions High – Awards $1.78 billion damages
- Jolts industry
- ZILLOW Plunges After Verdict
- Pfizer to shut down two facilities amid major cost cuts
- GDP up, so are bankruptcy filings
- WeWork, Once Valued at $47 Billion, Files for Bankruptcy
- US Job Openings Remain Elevated in September
- Troubles: Conde Nast Will Cut 5% Of Work Force
- Banks Closing Across San Francisco Area, Often Without Warning
- WATCH: Viral ‘9 to 5 girl’ gets wake-up call after crying about working a full-time job
- People are paid more to work less. this explains job shortages and productivity
- World’s Largest Offshore Wind Farm-Developer Abandons Two Major US Projects As Renewable Bust Erupts
EDUCATION(AL)
- Kendi’s Critical Race Theory Is a Failed Marxist Doctrine
- Fired Unvaccinated New York City Teachers Still Fighting for Reinstatement and Back Pay After Supreme Court Win
- Parents, Board Members Fight Back Against Anti-Israel, Antisemitic Teachers, Faculty in California
- US Infant Mortality Rate Surge Largest in 20 Years
- Bachelors Of Advocacy: The Rise Of Activism Over Academics In US Higher Education
- GOP Governors Lean On NCAA To Keep ‘Biological Men’ Out Of Women’s Sports
ELECTION
ELECTRIC VEHICLES (EV)
- GM Backtracks on Joe Biden’s Green Energy Agenda After Investing Billions
- Carmakers start to pump the brakes on ambitious EV goals
ENVIRONMENT / CLIMATE
- World’s Largest Offshore Wind Farm-Developer Abandons Two Major US Projects As Renewable Bust Erupts
- Abandoned Ohio Golf Course Being Rewilded into Public Land with Native Fish and Wildlife Returning
- French Company Discovers Massive Reserve of Clean Hydrogen Gas that Could Start Renewable Revolution
- Viral ‘plastic-eating’ boat removes 3 tons of garbage per hour: ‘This is actually so cool’
GEO-POLITICAL
- Drought Saps Panama Canal, Disrupting Global Trade
- 43 Chinese Planes, 7 Ships Keep Pressure on Taiwan
- Germany asks forgiveness for Tanzania colonial crimes
- Justin Trudeau Blames Grocers for Surging Food Prices in Canada
- Effort to Remove Iran as Human Rights Forum Chair
- Egypt Lets Foreigners and Injured — But Not Regular Palestinians — Flee Hamas-Controlled Gaza
- Pentagon Sends 300 More Troops to the Middle East as Attacks on U.S. Bases Continue
- World War III has already started – Russian foreign-policy expert
- UN national delegations vote 121 to 14 in favor of immediate ceasefire in Gaza, isolating Israel and US
- UN alarmed as Mideast war intensifies
- Blinken races back to Israel; Seeks urgent steps to ease tensions
- “The American-run World is Falling to Pieces”: Main Takeaways From Putin’s Security Meeting
- Macron Changing French Constitution to Make ‘Freedom’ to Abort Babies ‘Irreversible’.
- UNREAL Stats: 4.1% of ALL Deaths in Canada Last Year Caused By Government ‘Suicide’
- China denies censorship after Israel missing from maps
- Pentagon Reports China Concerned About Its Military Readiness for War
ISRAEL
- IDF Reports It Has Killed Hamas Commander Who “Directed” October 7 Terror Attack
- Yemen Army Spox: “Yemen has officially declared war on Israel”
- Gazans Face ‘Daunting’ Task Of Finding Water As Bombs Fall, Disease Spreading
- New Interactive Map of Israeli Ground Operations
- Hamas Threatens More October 7-Style Massacres “Until Israel is Annihilated”
- Israeli Army Suffers More Casualties As Hamas Publishes Video Showing Tanks Blown Up
- Israel Sends Missile Boats to Red Sea as Houthis Threaten South
- History Repeats: Paris Homes Tagged with Stars of David
- Report: Hamas Manual on How to Build Chemical Weapons Found
- Israeli Airstrike on Jabaliya Kills Terrorists, Causes Underground Tunnel Collapse
- Israel deploying next-generation weapons in Gaza, including AI-powered weapons systems
- Israeli plot to force 2.3 million Palestinians out of Gaza and steal their land leaked to the media
- Iranian Proxies Are Starting To Join The War, And That Is Really Bad News
- Intelligence analysts Jeffrey Prather, Gen. Michael Flynn both agree: Israel stood down to allow Hamas to unleash terror
- Some Palestinians rage against another target: Their own rulers
- Egypt Lets Foreigners and Injured — But Not Regular Palestinians — Flee Hamas-Controlled Gaza
- Bolivia severs diplomatic ties with Israel over Gaza war
UKRAINE
- White House Wants Congress to Dump Another $61 Billion on Ukraine War Effort
- Zelensky “Feels Betrayed” By The West As Focus Shifts To Israel
- ‘Mystery’ Blast Rocks One Of Russia’s Largest Ammo Manufacturing Plants
- Ukraine Oil Refinery Hit by Russian Drone
GLOBALIZATION
IDENTITY
- What Is A Woman?: A War On Biological Reality is Being Fought by Misogynistic & Child Abusing Men
- CA Funding LGBTQ+ Group Fighting Parental Notification
IMMIGRATION
- Ron Johnson: Joe Biden Welcomes 6 Million Illegal Aliens into U.S. — Exceeding the Populations of 31 States
- BOMBSHELL: Biden Regime Deploys Heavy Machinery to LIFT Razor Wire for Massive Mob of Illegals at Rio Grande
- The Largest Illegal Migrant Caravan in a Year Is Heading to the Southern Border
- DHS Fails to Explain Lack of Vetting for Afghans
- Red Light District Erupts in New York with Influx of Venezuelan Prostitutes
- About all those Illegals invading the border
- America is Past ‘Point of No Return’ in the Open Border Crisis
- First evacuations begin into Egypt
LEGAL / CRIMINAL
- NY Supreme Court rules employees who were fired for refusing COVID vaccines must be reinstated with back pay
- 29 Cities In Los Angeles Sue County Over Zero Bail Policy
- Judge Places Hold On State Laws Requiring Ultrasound and 24-Hour Waiting Period Before Performing Abortions
- Centuries after witch trials, Massachusetts group seeks to clear nearly 200 names
- Chicago Mayor Brandon Johnson Calls on City to Give Black Residents Fewer Parking Tickets for ‘Racial Equity’
- ‘Priceless’: Soros-funded D.A. gets a taste of what she’s created after leaving $90,000 SUV unattended
- Jury Finds Realtors Conspired to Keep Commissions High – Awards $1.78 billion damages
- Prosecutors: Man Found with 62 Pounds of Cocaine at Chicago Airport Freed Until Trial
MEDICAL
Coronavirus-19
- Viruses Never Proved To Exist: Still the Greatest Suppressed Story of our Time
- CV19 mRNA Vaccines Were Meant to Harm & Kill People
- Fauci-Run Montana Lab Conducted Coronavirus Experiments on Bats With Virus Shipped From Wuhan in 2018
- NY Supreme Court rules employees who were fired for refusing COVID vaccines must be reinstated with back pay
- Finally! New Yorker Mag finally admits: ‘COVID Lockdowns Were a Giant Experiment. It Was a Failure’
VACCINE
- Pfizer to shut down two facilities amid major cost cuts
- Huge chunk of COVID-vax victims hit with these 3 serious problems
- Here’s the true story about the cancer-causing SV40 monkey virus and its secret inclusion in polio vaccines
- BREAKING: “Died Suddenly” is being caused by the COVID vaccines
- 20-Year-Old Dutch Cyclist Dies Reportedly After Suspected Heart Attack, Continues Alarming Trend Of Cyclist Heart Problems
MONKEYPOX – “MPOX”
NATIONAL SECURITY
- Pentagon Sends 300 More Troops to the Middle East as Attacks on U.S. Bases Continue
- Pentagon Reports China Concerned About Its Military Readiness for War
- FBI says terrorism threat hits ‘a whole other level’ after Hamas attack
POLITICAL
- Joe Biden Received $40,000 in China Money Again Disguised as Loan Repayment
- House GOP Plan To Offset Israel Aid With IRS Funding Would Expand National Debt Via Reduced Enforcement: CBO
- New Speaker of House Urged Religious Test for Politicians
- Authoritarians Drunk on Power: It’s Time to Recalibrate the Government
- Republicans Are Finally Ready to Start Acting Like Democrats
- The Time to Audit the Fed Is Here
- House GOP Wants $14.3 Billion in Israel Aid to Be Paid for by Cuts to Biden’s Inflation Reduction Act
- Jan. 6 Prosecutor Will Rollins Runs for Congress Pledging More Censorship of Political Views
- Senate Approves Jack Lew, Who Backed Obama’s Anti-Israel Policies, as Israel Ambassador
- ‘Politically motivated’: Senate Dems push to subpoena wealthy conservative donors
PREPAREDNESS
- Is World War 3 Coming? 18 Preppers Discuss Effects, Shortages, and How to Get Ready
- Armed residents guard streets in hurricane-hit Acapulco
- Urban Survival Shelters
- 31 Really Clever Uses for Coffee Filters
- What does it mean to have a code to live by? – A life code is about life and the way you want to live it. It determines what defines you, the values you want to work toward and what you will base your decisions on. (Examples: …. and there are many others, make your own, and live by it.)
- The Hobo Code of Ethics
- The Cowboys’ Code of Conduct
- The Code of the West
- Top 10 Surprising Facts About The Hobo! [1930s Depression Era ]
- The 36 Unwritten Rules Of Girl Code All Women Need To Live By
- The Nursing Code of Ethics
- Boy Scout Oath, Law, Motto and Slogan and the Outdoor Code
SECOND AMENDMENT
- WWIII fears prompt panic buying of 5.56 ammo, triggering a 39% price surge within a week
- What the Halt on Exports of Civilian Firearms and Ammunition Is Really About
SOCIAL / CULTURE
SPACE
TECHNOLOGY
TERRORISM
- FBI says terrorism threat hits ‘a whole other level’ after Hamas attack
- Hamas Has Massive, ‘Elaborate’ Network in US
WATER
WOKE