WTF Happened In 1971?
Follow
Weimar Silver Baron
@BankerWeimar
Arab Spring 2.0 is starting, it will be bigger and more global, with shortages begetting new shortages as people riot
outsidereconomics.comJoined July 2021
Weimar Silver Baron’s Tweets
Mexican organized crime stole 20 shipping containers filled with gold and silver in brazen 10-hour heist | Kitco News
1
1
5
So if we have the forecast power issues this summer:
“Two blizzards within a week in April knocked out electricity in North Dakota's oil patch, severely constraining production. Some operators lost 45 to 100% of their output at the time due to the storms”
1
They are being primaried as we speak
Quote Tweet
Rep. Tom Rice, one of the 10 House Republicans who voted to impeach Donald Trump, has lost in a South Carolina primary, the AP projects. Trump-backed state Rep. Russell Fry won. on.wsj.com/3Odad8O
1
3
Now we get to see if he wants economic chaos…
“Major railroads and their unions remain at an impasse after a government board ended efforts to mediate a settlement”
bloomberg.com/news/articles/
Topics to follow
Sign up to get Tweets about the Topics you follow in your Home timeline.
Carousel
“I am once again asking the US to foot the bill”
1
2
The Japanese yen fell to its lowest level against the dollar in 24 years as the widening gap between the monetary policy of the Federal Reserve and Bank of Japan draws money toward the US
6
11
Several months ago I started saying that Russia would win the actual war in the Donbas while Ukraine would win the important Twitter War.
This prediction has so far played out perfectly.
See comments for my projection from January (from private convo)
2
1
8
Show this thread
Trying to APPLY to rent a place in Chicago gets you an inflation fee.
2
10
40
Bloomberg: White House officials privately admit "the collateral damage" from Russia sanctions "has been wider than expected"
And that they originally believed sanctioning food/energy would have a "minimal" effect on inflation here at home
bloomberg.com/news/articles/
244
1,093
2,246
Show this thread
“A Lehigh County farmer recently called Kyle Kotzmoyer and said something like “I’ve got a tractor hooked up to my corn planter out here, no diesel fuel, and I can’t afford to get any.”
mcall.com/news/pennsylva
2
2
Thanks natural gas going up 3-5 times, followed by fertilizer going up similarly, followed by less global cotton planting, followed by tampon shortages…
(Also, I may have stockpiled monetary tampons but that was well over 6 months ago)
1
3
Translation:
“Your retirement is f**ked because the only inflation a central banker cannot tolerate is wage inflation”
news.sky.com/story/amp/the-
2
This means there’s a shortage:
“rumors of fuel shortage surfaced during the weekend which soon led to long queues at fuel outlets, forcing many dealers to even close them due to the crowds getting out of control”
ndtv.com/business/india
2
3
So it’s like a digital Epstein for creating intel. assets?
“An American defense firm is in talks buy the Israeli company’s spyware and hacking technology Pegasus, which has been used to surveil politicians, activists and journalists across the world.”
1
1
3
Posted yesterday but the story is being picked up by mainstream… shortage shouldn’t surprise you given how much “olive oil” was surreptitiously blended with cheaper veggie oils now in short supply.
(Big issue in olive oil actually)
5
“Many farmers are crossing the border to smuggle fertilizer from India. The government’s warehouses are empty ahead of the rice transplanting period,” Ganga Chaudhary told the Parliament
laprensalatina.com/fertilizer-sho
3
4
How crazy is it that you have to pay taxes for this no matter what?
Remember when stuff like what we are now seeing nationwide would have been some aberration or a baseless moral panic?
The slippery slope is getting steep.
2
6
Arab Spring 2.0 and Euro Crisis 2.0?
“Why M&G's Eric Lonergan Believes We’re at the Start of Euro Crisis Part II”
1
3
Quote Tweet
Someone seems to have me confused for supporting Ukraine. twitter.com/Sir_Henry_Perc…
0:14
1.9K views
3
1
1
I’m old enough to remember when we were gonna use these GSEs to address racial inequity and housing disparities from 1998-2005.
What is it Barney Frank said,
"I want to roll the dice a little bit more in this situation toward subsidized housing."
2
6
What will “preppers” be called in 3 years:
When you make a selection it cannot be changed
Survivors
Hoarders who caused it
Preppers
54 votes11 hours left
2
1
Biomass (primarily burning wood pellets) is over 10% of European power.
They just banned Russian wood pellets and they’re about to ban a lot of wood pellets not from sawdust (southern USA)
lailluminator.com/2022/06/14/as-
3
2
End of next year (story from apr. 2022)
1
Show this thread
I guess this one was scheduled to close anyway at end of year… now I bet they close sooner ;)
1
1
2
Show this thread
I love how quickly policy is doing a 180 all over… it’s like the whole nation has dementia and not just the President
Quote Tweet
Joe Biden should not just defrost US relations with Saudi Arabia, writes the FT's Janan Ganesh. The US president should use the moment to give up an entire way of framing the modern world
on.ft.com/3zD75ip
1
3
That’s the point… you have to address excess demand to fix supply or else you keep misallocating labor and capital.
Quote Tweet
Mexican President Andres Manuel Lopez Obrador criticizes the use of monetary policy to curb inflation, saying high interest rates stop economic growth trib.al/pLaF4FM
2
To be clear “some cities” - but the bulk of the CRE market will have stress with a few exceptions
2
Show this thread
They moved from downstate IL to Chicago 5 years ago… now they’re leaving Chicago.
Commercial Real Estate in cities is totally f**ked and few realize… it will play a sizable role in the coming collapse.
1
8
Show this thread
Japan is soooo f**ked…
Move underscores BOJ's resolve to keep rates low
Low Japanese interest rates keep yen in downtrend despite jawboning
reuters.com/markets/rates-
2
1
6
10Y yields hit 3.45 and the spreads to this rate for junk debt revert close to previous highs…
Risk is growing… watch bonds, loans and credit right now… that’s where the “crisis” comes from
(The proximate cause - Fed is the ultimate cause)
1
4
6
As bad as our oil prices are, it’s worse in other currencies due to dollar strength… high oil prices actually help drive the dollar up.
It’s all part of the exorbitant privilege of being the global reserve currency
1
5