Ray Dalio (Bridgewater founder) just confirmed it: AI is the biggest US investment bubble in history. Same pattern as 1929 and 2000. Rising rates + forced selling will prick it. Prices will collapse. Technology survives. Valuations will not. #AIBubble
What is the common theme of these tit-for-tat strikes by ALL involved - including the Ukraine-Russia war? Global energy supplies. Who benefits? The shadow people Cult that wants to trash the current global system and replace it with AI-controlled China-incubated dystopia.
Klaus Schwab, the son of a Nazi, Bill Gates and Dr. Fauci planned the ‘Great Reset’…so you’d take the ‘Covid Vaccine’…and people were called ‘Conspiracy Theorists’ for noticing…
This is so incredulous -Carney blames our problems on the Liberal government as if he wasn’t or isn’t part of it !!
The pathetic reality is that his base believes this and will still vote Liberal!
Pathetic !
The Mediterranean is the only waterway available to Israel, after the closure of the Hormuz and the gulf of Aiden.
Spain controls the strait of Gibraltar, for which Queta is the gate. They can influence Israeli policy by threatening to close that gate.
Israel didn't like that. Hence the stunt in Morocco which is coordinated by their allies in the moroccan regime.
BREAKING: 🇺🇸 U.S. Embassy called on Americans to consider departing:
🇧🇭 Bahrain
🇪🇬 Egypt
🇮🇶 Iraq
🇮🇱 Israel
🇯🇴 Jordan
🇰🇼 Kuwait
🇱🇧 Lebanon
🇴🇲 Oman
🇶🇦 Qatar
🇸🇦 Saudi Arabia
🇦🇪 United Arab Emirates
.
"I’m astounded that Ottawa isn't pointing out that Canada has experienced much higher food inflation than the United States, even with a tariff-happy president in the White House. The explanation is simple: exporters to the U.S. are largely “eating” Trump’s tariffs. As a result, American consumers aren’t bearing as much of the cost as Canadians may assume.
So the 50% tariffs taking effect August 19 on Canadian dairy products and liquor will therefore be absorbed largely by Canadian companies—not American consumers."
The US housing market is in for a wild ride.
As rates rise to new highs, the average interest rate on a 30Y Mortgage is nearing 7%.
In other words, if you bought a home in 2021 at 3% interest, moving to a new home today would increase your rate by ~400 basis points.
Assuming you buy a $500,000 home with 20% down:
1. Monthly Payment at 3% Interest: $1,686/mo
2. Monthly Payment at 7% Interest: $2,661/mo
That's an increase of almost $1,000/mo, or +58%.
The already stagnant housing market is set to freeze.
The sulfuric acid shortage caused by the Iran war is now threatening commodity production.
Sulfuric acid is essential for processing ores into metals. The market was already tight, with prices up ~500% even before the conflict.
The Middle East accounts for ~24% of global sulfur production, and producers typically hold only a few weeks to 2 months of supply.
Without sulfuric acid, production drops.
- ~20% of global copper
~50% of uranium
- ~30% of nickel production
Depend directly on it.
But mining isn't the only sector competing for supply.
Around 60% of global sulfuric acid is used to produce phosphate fertilizers. Without it, fertilizer production falls, putting food production at risk.
To protect domestic industries, countries including Russia, Kazakhstan and Turkey have imposed sulfur export restrictions, squeezing an already tight market.
With critical energy infrastructure being destroyed, these shortages won’t disappear even if the Strait is reopened... they will persist.
🇺🇸❌ American flag no longer a shield for drone makers in Ukraine
Russia hitting a drone factory in Kiev linked to US-registered company Terminal Autonomy is a “game changer” rather than just a precision strike, Russian military expert Vitaly Kiselyov told Sputnik.
💬 “Russia has made it clear that for Ukraine, hiding behind the American flag no longer works and that any facility producing weapons used to kill our soldiers becomes a legitimate target, regardless of where its owner is registered. And the next such factory, wherever it is located, will suffer the same fate,” Kiselyov noted.
Terminal Autonomy is not a shadow manufacturer but an American Delaware-registered company, which openly states that its AI-guided munitions are already being used on the battlefield, the expert recalled.
After the strike on the Kiev drone factory, other Western companies involved in supplying or producing drones for Ukraine should clearly understand that they are all legitimate targets for Russian forces, Kiselyov concluded.
Americans are being priced out of the American Dream.
The 30-yr mortgage rate has surged to a 1-yr high. It's no surprise that pending home sales have fallen to their lowest level since April.
HIGH MORTGAGE RATES RESULT FROM HIGH INFLATION, TRUMP'S TARIFFS & TRUMP'S WAR ON IRAN
This is the frustration millions of Canadians feel but are told to swallow.
We watch the country our parents and grandparents built get strained past the breaking point — housing, hospitals, schools, wages — while being lectured that any concern is somehow illegitimate.
Mass immigration without proper selection, integration, or infrastructure is not compassion. It’s policy failure with real costs paid by the people already here.
Taxpayers fund the system. Communities deal with the results. And the same politicians who created the chaos call anyone who notices “extreme.”
Canada First isn’t hate. It’s basic self-respect.
#cdnpoli #CanadaFirst #Immigration