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If We Call The Past Decade A Golden Age, It Is Now Trapped In The Age Of Rust

It’s Friday desk clearing time for this blogger. “Mortgage rates are at the highest level since before the pandemic. ‘I would say right now, don’t buy into the fear that rates are going up, and this is the end of the real estate market,’ said Ryan Larussa with GMFS Mortgage.”

“According to Boise Regional Realtors, more homes were on the market in December 2021 than in previous months, but housing supply is still far outpaced by demand. However, Boise Regional Realtors noted that house sales appear to be slowing down in Ada County — and more homes are now on the market. At the end of December, there were 582 homes available, over 75% more than in December 2020. ‘Much to the relief of buyers, we saw more normal market times and increases in inventory in the last few months of 2021,’ said Boise Regional Realtors President Becky Enrico Crum.”

“After all but closing down this fall after running out of product, some builders — but not all — are starting to reopen their operations, according to John Burns Real Estate Consulting. In a recent survey, a Dallas builder told the firm they have a ‘huge number of communities coming online’ soon. In Naples, Florida, a builder who had been sold out is taking reservations again; ditto for a builder in Chicago. In the D.C. area, another builder is no longer operating with sales caps.”

“Meanwhile, housing starts reached a 1.68 million annual rate in November, the most houses under construction in a single month since 1974. Yet a record 152,000 houses have been permitted but not yet started — that’s more than double the normal level.”

“William Scott Thomas is a small-time landlord who owns three Syracuse rental properties. He is currently unemployed, so rents are his only income. Several of his tenants did not pay rent during the pandemic, he said. He was able to get some rental assistance, but not enough to cover his losses. Thomas has had enough. ‘I don’t want to deal with this anymore, being a landlord,’ Thomas said.”

“He said he had five tenants owe him a total of about $23,000. He was able to recover about $17,000 of it through the rental assistance program, but he’s out the rest, and he’d already fallen behind on bills while he was waiting for the money he did get. He’s currently unemployed and fell behind on his home’s mortgage. He had some financial protections because of the pandemic, he said. But those have ended. ‘Now that it’s over, and I still have tenants not paying me, I still have interest, risk of foreclosure, late fees,’ Thomas said.”

“Being a landlord was Joseph Esposito’s retirement account. The self-employed contractor owned three Syracuse rental properties at the beginning of the pandemic. But the 61-year-old’s nest egg began to fall apart with the eviction moratorium, he said. Two tenants stopped paying rent and Esposito was owed about $18,000. Because both of the tenants moved out, he was not able to get any rental assistance money, he said. Esposito ended up selling one of his houses in November. ‘I just couldn’t risk it; a third of my tenants not paying the rent,’ Esposito said. And he’s not sure that’s the only one he’ll sell. ‘Why be a landlord. Why not dump them all?'”

“Poles have become scared of rising interest rates and are stopping buying flats. In the fourth quarter, they bought them by 14 percent less than three months before. This is an anomaly because for a decade it was at the end of the year that sales jumped up strongly. Currently, the reference rate is at the level of 2.25 percent, while in the third quarter it was still 0.1 percent. And this is not the end. Two weeks ago, analysts estimated that interest rates in 2022 could reach 3-3.5 percent. Today, after the December inflation reading at 8.6 percent it is said that we will reach 4 percent. This scenario is assumed by Bank Pekao, which believes that the ongoing cycle of rate hikes will end just in July. Moreover, the bank says it straightforwardly: rates will not return to pre-pandemic levels and will remain above 3 percent for many years.”

“Teachers will cut all links with the loss-making Spire by end of March this year, lifting a heavy financial burden off the books of their Sacco. Mwalimu Savings and Credit Society Chairperson John Ochieng told members that the Sacco will either sell or kill the lender, which they bought from the late billionaire Naushad Merali in 2015. ‘It’s time for the Sacco to cut its losses emanating from the Spire Bank venture and that must be done now,’ he said.”

“With a negative minimum capital ratio of Sh3.4 billion as of September 2021, against the regulatory limit of Sh1 billion, an investor needs to pump in Sh4.4 billion for the bank to be in the industry regulator’s good books. Moreover, the bank’s bad loans have already surpassed its total loan book, which stood at Sh2.1 billion during the period.”

“China watchers have begun sketching out a likely future for the real estate market that looks far different from its more than two-decade run of supercharging economic growth, household wealth and government revenue. In short, the days of blistering home-price gains and debt-fueled building sprees by billionaire property tycoons are set to fade. ‘If we call the past decade a golden age for the real estate industry, it is now trapped in the age of rust,’ said Li Kai, Beijing-based founding partner of bond fund Shengao Investment, which specializes in distressed debt.”

“There are plenty of reasons why China needs to remold its property market. The sector is riddled with speculative buying and is over-levered, posing a risk to the financial system in a downturn. The price of housing is a burden on China’s already-shrinking families. The average cost of buying an apartment in Shenzhen was about 44 times the average annual salary for local residents in 2020. It worsens inequality as wealthy landlords hoard properties. Millions of homes sit empty and some construction projects damage the environment.”

“The chill sweeping through China’s housing market is being felt in Shenzhen, China’s Silicon Valley. There are few takers for houses in the once red-hot market as buyers are watching from the sidelines since the start of this year. The 353-unit Shangjing, the year’s first launch on January 2, has been the biggest flop. The developer Anhui Anlian Express has sold only one home in the project in the city’s southwestern Guangming district in the past two weeks.”

“‘The era where we saw long queues at sales centres in Shenzhen and sell-outs on the first day has gone,’ said Fion He, director of research at Midland Realty’s subsidiary in Shenzhen. ‘Buyers are now waiting on the sidelines as so many uncertainties lie ahead.'”

“‘I am now a little bit glad that I did not buy a flat last year, otherwise I might have bought at the highest price level,’ said Crystal Tan, who has been looking for a home in Shenzhen for two years. Tan failed four times in the past two years to get in front of the queue in lucky draws for new home purchases.”

“Tan is among many potential home seekers waiting on the sidelines now as they are afraid the souring of the housing market is far from over. ‘The expectation of a downward trend in home prices has formed,’ Chen Shen, an analyst from Huatai Securities. ‘Demand for homes is likely to remain weak and that will keep Chinese developers’ liquidity tight.'”

This Post Has 116 Comments
  1. ‘housing starts reached a 1.68 million annual rate in November, the most houses under construction in a single month since 1974. Yet a record 152,000 houses have been permitted but not yet started — that’s more than double the normal level’

    That’s some shortage.

  2. ‘He’s currently unemployed and fell behind on his home’s mortgage. He had some financial protections because of the pandemic, he said. But those have ended. ‘Now that it’s over, and I still have tenants not paying me, I still have interest, risk of foreclosure, late fees’

    I said this ‘everybody stop paying yer bills’ was gonna end badly. There never was a real plan either. Oh we heard how much people were rollin’ in da’ money, didn’t we? So the free cheese ends and lots of people are suddenly broke, behind on debt, and looking to get out.

    1. In socialist states like NY, California, etc., I think this is the plan- to destroy landlords. At the same time tenants are not paying rent, the number of new pro-tenant laws coming out of those states is mind blowing. I just saw that in New Jersey it is now a crime to NOT rent to convicted felons. In New York landlords must accept section 8 tenants now. In those states landlords are done for.

  3. ‘the bank’s bad loans have already surpassed its total loan book, which stood at Sh2.1 billion during the period’

    How do you even do that?

    ‘the days of blistering home-price gains and debt-fueled building sprees by billionaire property tycoons are set to fade. ‘If we call the past decade a golden age for the real estate industry, it is now trapped in the age of rust’

    It was never going to end any other way. On the bright side, commenters on China give us some colorful titles!

    1. Thank you for posting every day about the slow motion train wreck. It’s the best part of the post. I feel China is a massive canary in the coal mine for the world wide economy and few other than financial media bothers to even notice it. I’m not sure where this is all headed but it’s certainly not good. And when that contagion hits here – and it kinda already is with supply chain issues – it’s going to be a disaster of epic proportions.

    1. ‘Why is there so much poop?’: The most common questions people ask SF tour guides

      Why is there so much ‘poop and needles’/homelessness in SF?

      “I talk about the expense of living here and mention that most people who are homeless here were housed here. If the group is interested in going deeper, I also talk about the Navigation Center program and all the great things that the city and nonprofits are doing, but point out that places to live seem to get more expensive at an even faster pace.” -Schaefer’

      “The first part is pretty easy, there are not enough public restrooms in the city! It is a problem that we’ve had since I can remember. There are always conversations around poop with lots of concerns, but the simple answer is we need more public restrooms. … We need to start giving more of a s—t about s—t.”

      “The needles are a way more complicated conversation. This I am not sure we will ever have a cure for, but there are a whole lot of different approaches we need to try to help manage this issue hopefully sooner than later. Having safer shelters, needle exchanges, deposit boxes, safe injection sites (paired with rehabilitation support programs) and most importantly getting people into housing; I believe [these] would be great steps in the right direction to begin addressing this issue.” -Watts’

      ‘Is my car safe? “Not if you have something in it. I’m serious, I mean anything.” -Watts’

      https://www.sfgate.com/local/article/SF-tourists-most-common-questions-16770140.php

      1. If more public restrooms were created, they’d survive as “public” restrooms for about 3 hours before they became someone with a knife’s “house”.

  4. The globalists have destroyed social cohesion with their identity politics & attacks on our symbols, traditions, and religion; now that the screwed-over proles are starting to reach for pitchforks rather than be herded onto the globalists’ incorporated neoliberal plantation, these sociopathic elites are fretting about “social cohesion erosion.”

    Why global leaders are terrified about ‘social cohesion erosion’

    https://www.fastcompany.com/90712209/why-global-leaders-are-terrified-about-social-cohesion-erosion

    The global pandemic has blazed a long trail of upheaval, the vast majority of it bad: surging inflation rates, small business devastation, and a death toll that’s climbed above the last 10 yearsof casualties from the flu. But according to a new report from the World Economic Forum (WEF), that’s not the worst of it: What we should fear most is “social cohesion erosion.” That’s the fastest-growing threat to our planet since the COVID crisis struck.

    What exactly is social cohesion erosion? you ask.

    If you think it sounds scary, you’re not alone. According to the WEF, it’s “perceived as a critical threat to the world across all time spans—short, medium, and long term—and is seen as among the most potentially damaging for the next 10 years.” Social cohesion worsens upon rising divisions and polarization in society—as income inequalities are exacerbated by the pandemic’s lopsided recovery, for example, with 51 million people projected to live in extreme poverty by 2030 while billionaires grow richer than ever.

    1. ” social cohesion erosion”

      True meaning is……The sheep aren’t buying it. Quick, we got to chip them and turn them into slaves..

    2. World Economic Forum?

      There is a noose with Klaus Schwab’s name on it, just waiting for him.

      The Day Of The Rope is coming…

        1. Sorry, thought this was the one with the Star Trek outfit on the right. This one’s actually better though, gives you the full package.

    3. VDH says far left liberals can only survive if conservatives are around , Once conservatives bail and only the far left is in charge it comes apart fast. Far left liberals only good at complaining and picking apart what’s already there in place and once in charge cant really make anything work. Obvious but I like hearing it anyway on his Podcasts.

      1. I get a chuckle out of the liberals who talk about the country splitting in two, and how their new country would have “all of the tech companies” and “all of the entertainment”, etc. Yeah, maybe for 6 months. I guarantee every one of those companies would move to Texas or Florida if things reach a boiling point.

        1. A national divorce wouldn’t be two countries, it would be hundreds city states like medieval Italy, or worse, 100 barbarian kingdoms with barriers placed between them for security. Rural West Virginia isn’t going to form a country with the inland empire. They may as well be Ukraine and England with a common language – for now.

      2. Liberals look around at what exists and think they can make it better. But like the overly eager young couple looking to create sweat equity in their home, democrats end up causing massive and expensive destruction in their wake. And after the survey the devastated landscape, they long for more destruction.

  5. Jeff Bezos and his fellow globalist oligarchs are all about promoting & enabling vibrancy until THEIR assets start being targeted for redistribution of the wealth.

    Looters steal Amazon and UPS packages from trains waiting outside downtown LA sorting depot and strew debris along tracks

    https://www.dailymail.co.uk/news/article-10401351/Video-captures-thousands-damaged-packages-LA-train-tracks-left-cargo-looters.html

    Thousands of shredded packages were seen scattered along the tracks of a Los Angeles railway on Thursday, said to be left by thieves who are now looting cargo containers.

    Video footage captured a series of packages that were either left empty or torn up along the Union Pacific tracks in the Lincoln Heights neighborhood of downtown Los Angeles.

    The cargo packages have been bait for railway thieves who have targeted goods from companies such as Amazon and UPS bound for residences along the West Coast.

      1. I watched several of these video clips and they are disturbing. Collapse of the Roman Empire level disturbing…

        Brandon Amerikwa 2022

  6. ‘Why be a landlord. Why not dump them all?’”

    Any “investor” who buys rental properties in Democrat-Bolshevik malgoverned municipalities where parasitism is exalted as the supreme virtue and shacks are low-hanging fruit for the tax man needs to have their head examined.

    1. ** “Mwalimu Savings and Credit Society Chairperson John Ochieng told members that the Sacco will either sell or kill the lender . . .”

      “KILL the LENDER !?” mon dieu!!

      dagumm pukes don’t know their place!

      (Mr. Banker going long on hardened safe rooms. stocked w/wine, cheese, grey poupon and plenty of young thangs. buttofcourse.)

  7. We’re gonna need a bigger gulag, since the definition of “domestic terrorists” per the Biden Regime & MSM keeps expanding to encompass anyone who isn’t an ardent adherent to globalist-authored narratives and collectivist ideologies.

    Controversial MSNBC contributor and political scientist Dr. Jason Johnson says Republican Party is ‘front for a terrorist movement’ and likens the GOP to terror cell

    https://www.dailymail.co.uk/news/article-10401237/MSNBC-contributor-Republican-Party-terrorist-movement-likens-GOP-terror-cell.html

    The Republican Party is a ‘front for a terrorist movement,’ MSNBC contributor and controversial political scientist Dr. Jason Johnson argued on the network Thursday, comparing the GOP to a ‘terror cell.’

    Dr. Johnson made an appearance on ‘Deadline: White House,’ where he proceeded to make the brazen comparison while discussing the relationship between former President Donald Trump and the Republican Party as the 2024 presidential election draws ever near.

    1. Nobody ever elected these globalists to govern anything.

      This isn’t your country, and you’re not an American.

    2. I’m a conservative I guess, and voted in legal National Elections for the party of my choice.
      So now Biden the Puppet is labeling millions of others that voted the same as myself ” Domestic Terrorists. ”
      Never has there been such a ridicules attack on at least half the Country , for not supporting the radical agenda of 25% of population and One World Order Monopolies trying to take over.
      They are the traitors and domestic terrorist that seek to demonize regular law abiding Citizens.
      The President of US, wants to put me in prison, kill me with ongoing jabs, and deny my right to engage in Constitutional protections and pursuit of happiness.
      With a straight face that traitor sell out Biden , to the New World Order agenda , wants to attack innocent American Citizen that they see as a threat to the Corporate Governance Dictorship planned.
      They don’t care if Biden is down low in the polls, because they plan to rig the 2022 election.
      Biden using tax payer funds to go after Americans should be grounds for impeachment of that Benedict Arnold in the White House.

  8. The Democrats are a criminal enterprise masquerading as a political party. All honest and competent law enforcement and judicial officials have long since been purged from Democrat-Bolshevik maladministered cities and replaced with corrupt, incompetent Soros-installed and/or Affirmative Action creatures like this, who will subvert the judicial system from within.

    Baltimore’s top prosecutor Democrat Marilyn Mosby is indicted on charges of perjury and making false mortgage applications for Florida summer homes using COVID relief: Kamala praised her for always ‘doing the right thing’

    https://www.dailymail.co.uk/news/article-10400617/Baltimore-prosecutor-charged-lying-home-purchases.html

    A federal grand jury indicted Baltimore’s top prosecutor Thursday on charges of perjury and making false mortgage applications in the purchase of two Florida vacation homes.

    The four-count indictment alleges that Baltimore State’s Attorney Marilyn Mosby, 41, lied about meeting qualifications for coronavirus-related distributions from a city retirement plan in 2020.

    Federal prosecutors also allege that the Democratic prosecutor lied on 2020 application forms for mortgages to purchase a home in Kissimmee and a condominium in Long Boat Key.

    1. “corrupt, incompetent Soros-installed and/or Affirmative Action creatures like this, who will subvert the judicial system from within.”

      Marilyn Mosby’s office dismisses 586 cases for ‘minor’ offenses

      by Bryna Zumer
      Thursday, June 25th 2020

      BALTIMORE (WBFF) – Baltimore City State’s Attorney Marilyn Mosby said her office is dismissing more than 500 cases, after her office said they won’t prosecute certain relatively-minor offenses.

      Mosby said her office is currently not prosecuting drug possession, drug paraphernalia possession, prostitution, trespassing, minor traffic offenses, having an open container of alcohol, being rogue and vagabond, and urinating/defecating in public.

      https://foxbaltimore.com/news/city-in-crisis/marilyn-mosbys-office-dismisses-586-cases-for-minor-offenses

    2. Federal prosecutors also allege that the Democratic prosecutor lied on 2020 application forms for mortgages to purchase a home in Kissimmee and a condominium in Long Boat Key.”

      They say they are on the side of the poor then steal a bunch of money and go live with he rich .

  9. The Supreme Court ruling against the employer COVID “vaccine” mandate is the end of the fraudulent Joe Biden presidency.

    He was never elected, the 2020 election was stolen, and we’re taking our country back.

    1. Its a win for the 80 million .
      I’m upset however that the health care workers won’t have choice by the ruling. I just hope that very liberal religious and medical exemptions remain for them.
      They want a medical system that is filled with compliant stooges for Big Pharmacy. The medical workers are just going to need to form a alternative medical system to avoid these Mandates.
      Can you imagine how many Doctors will be under this health Care worker mandate.
      Not the right Decision by High Court .

  10. The Flintstones will return to TV 59 years to the day it first debuted.

    ‘The Flintstones’ Is Coming to MeTV — Watch Fred’s Announcement

    Meredith Jacobs
    AUGUST 12, 2019, 11:55 AM

    Hard to believe the Stones are still popular all these years later.

    https://youtu.be/61jfm219ArA

    1. I’ve been watching old episodes of Taxi. It’s surprising how well it stands the test of time. I appreciate it more now because I can see some of the cleverness in the writing that I didn’t notice before. To me, Seinfeld was very funny at the time but, now when I watch it, it doesn’t connect anymore, like it only worked in a short defined time frame.

      I never imagined that the world would get so crazy that I’d be nostalgic about sitting around in the basement of my childhood home watching Taxi. But here we are. Any straw you can cling to….

      And Marilu Henner was da bomb!

      1. I agree about Seinfeld, Jerry’s standup intros are so unfunny, and Cantstandya is beyond annoying to me now. And I used to love that show.

        1. It did hit on so many “NYC especially” sort of things and I thought it was very funny, but it’s true, it’s old news, that time has passed and I have no urge to watch it now.

  11. Yachts To Be Exempt From EU’s Carbon Pricing Plan

    😁

    https://www.zerohedge.com/markets/yachts-be-exempt-eus-carbon-pricing-plan

    (snip snip)

    “If there is anyone still confused why ESG, and the entire ‘green’ movement is one giant, boiling cauldron of lies, hypocrisy and fraud, read on.

    “Last summer, we reported that the European Commission – that murder of career bureaucrats – has proposed exempting private jets, the one most polluting form of transportation, from the planned EU jet fuel tax. A draft indicated that the tax would be phased-in for passenger flights, including ones that carry cargo. Private jets will enjoy an exemption through classification of ‘business aviation’ as the use of aircraft by firms for carriage of passengers or goods as an ‘aid to the conduct of their business’, if generally considered not for public hire. It gets better: a further exemption is given for ‘pleasure’ flights whereby an aircraft is used for ‘personal or recreational’ purposes not associated with a business or professional use.

    “This is odd because a recent report found that private-jet CO2 emissions in Europe rose by 31% between 2005 and 2019, with flights to popular destinations up markedly during summer holiday seasons. So if Europe was truly concerned about curbing CO2 emissions it would ostensibly go after some of the biggest culprits… but no.

    “Of course, since it is mostly billionaires and the ultra wealthy that fly private, and these same billionaires and ultra wealthy tend to be exempt from regulations (which are usually written by politicians that the ultra rich have previously bribed or bought) that apply to the rest of the peasantry, this was hardly a huge surprise.

    “Which is why we doubt that the latest news showing just how pervasive the ‘green’ hypocrisy is, will also come as a surprise.

    “According to a new report from Transport & Environment (T&E) titled ‘Climate Impacts of Exemptions to EU’s Shipping Proposals:
    Arbitrary exemptions undermine integrity of shipping laws’ , more than half of Europe’s ships would be exempt from the European Commission’s carbon pricing plan for the sector. Among them: highly polluting if extremely desirable – for the Monte Carlo set – yachts.

    “According to the report, in July 2021, the European Commission published a set of proposals to decarbonize the maritime sector. However, what quietly not mentioned, is that the proposed carbon pricing scheme (ETS) and the low GHG fuel standard (FuelEU Maritime) will only apply to ships above 5,000 GT and exclude a number of ship types such as offshore vessels, fishing vessels and…. yachts.”

    1. So they’re lumping pleasure trips into “business aviation” to get the break. But why should business aviation even get a pass? We have zoom now. Business travel, at least for people, is technically unnecessary.

    2. As the saying goes: I’ll believe it’s an emergency when they behave like it’s an emergency.

      Bottom line: they want to get rid of us because we spoil the view of THEIR world. And have no doubts about it, they consider it to be theirs and theirs alone, which is why they want to eliminate the middle class and depopulate the world.

      1. depopulate the world
        People can’t deal with it. When you get to this part is usually when they throw up their hands and stop listening.

        1. I know, it seems too far out there. But what other explanation is there for a needle in every arm when the jab does not protect you and even does the opposite? Especially as OAS, VAIDS and ADE are starting to rear their ugly heads.

      2. Bottom line: they want to get rid of us because we spoil the view of THEIR world.”

        Yea but they need somebody to maintain THEIR world . By virtue signaling to the criminals and getting rid of the working middle class they really screwed that part up. Now what are they going to do ?
        Rubber boots and private security ? IDK ?

        1. I suppose their plan would be to keep enough useful people around to keep their Gulfstreams airworthy.

          1. Georgia Guidestones. I imagine the number that are left to live will have the skills they need.

  12. ‘Davos Man,’ Marc Benioff and the Covid Pandemic – The New York Times
    https://www.nytimes.com/2022/01/13/business/davos-man-marc-benioff-book.html

    (snip snip snip)

    “C.E.O.s Were Our Heroes, at Least According to Them
    They stepped up in the pandemic ‘to save the world,’ says Marc Benioff of Salesforce. Even as their tax practices and perches kept them above its troubles.

    “Marc Benioff seemed to be having an amazing pandemic.

    “The lockdowns were adding to his wealth — estimated at more than $10 billion — as his company, Salesforce, tallied record sales of software that allowed people to work from anywhere. The experience was nourishing his soul, delivering a poignant reminder that humanity was really one enormous family, united by its common vulnerability to a virus. And the ordeal was affirming a faith that Mr. Benioff had been preaching for decades: that business leaders were the ultimate guardians of human progress.

    “’In the pandemic, it was C.E.O.s in many, many cases all over the world who were the heroes,’ Mr. Benioff said. ‘They’re the ones who stepped forward with their financial resources, their corporate resources, their employees, their factories, and pivoted rapidly — not for profit, but to save the world.’

    “Mr. Benioff issued that declaration a year ago, the last time the World Economic Forum convened — not in its usual venue, the village of Davos in the Swiss Alps, but virtually, over a clunky videoconferencing platform. He was speaking during a panel discussion dedicated to ‘stakeholder capitalism,’ the idea that businesses were no longer ruled solely by the imperative to enrich shareholders, but were answerable to a broader array of interests — employees, the environment, local communities.

    “The word ‘stakeholder’ is a talisman at Davos, and among the predominantly white, male billionaires who flock to the Forum. Throwing ‘stakeholder’ into a sentence is a demonstration that they care about loftier matters than private jets, oceanfront mansions and the other paraphernalia of wealth. They empathize with their workers and their workers’ children. They worry about the vitality of the communities down there, in the shade of their skyscraper headquarters. They prefer that polar bears not succumb to heatstroke, and that homeless people be housed somewhere — a particular concern for Mr. Benioff.”

    (there’s much more. access the link to read it)

  13. The product maker called Big Pharmacy , holds the right to prevent the public from being vaccine hesitant, by censorship of dispute to the fraud that expiermental fake vaccines are safe and effective.
    The evidence of death and injury is overwhelming , yet health care worker are mandated to take the jab or lose their job by March 15, the new date to comply I guess.
    And will they have to take the new vaccine that Plizer CEO announced was going to be ready in March?
    When the people take back the Government , the first order of business is a law that Big Pharmacy doesn’t get immunity on vaccines. This immunity created a entire corruption of the Medical system , with the likes of people like Dr Fauci /Bill Gates doing a harm of unimaginable evil.

    1. The first order of business should be the arrest, trial and sentencing of those who harmed so many.

      That said, I have my doubts it will actually happen. More likely they won’t be charged and will slink away to plot their next “crisis” on humanity.

      1. The list of “soft targets” is a very, very long list.

        All of course within a hypothetical video game of Minecraft (hat tip to 4chan).

        Were one to embark on such an endeavor (in Minecraft) suggest going for low level and mid level Blue Checkmark Twitter loudmouths.

        No Glowie!!! Just some idle speculation 😉

          1. It’s gonna be biblical.Wasn’t that’s from the Q posts? Shame it petered out, it was intriguing. At the end it was just memes and links, so I didn’t bother checking it anymore.

            One good thing that came out of Q, even if it was a hoax. People were intrigued and started researching stuff on their own and became aware. Another unintended consequence for the globalists 😀.

  14. Oh God ,A report I just saw where a crazy Judge just stripped this guy from visiting rights of his kid because he isn’t jabbed.
    And the Guy probably doesn’t have the kind of money to Appeal such a ruling.
    They are trying to take right to get medical care if you don’t get the jabs also. .
    Ok, so in many places you can’t go to restaurants, go to concerts or engage in normal commerce.
    Talk of Covid prison camps for the unvaccinated.
    I have spent two years being denied normal activities, except they still give right to go get groceries.
    Basically its like being in prison in your own home and isolated , when your not sick but you just don’t want a experimental jab.
    And the vaccinated who comply who get Covid and transmit Covid , get to have privilege of whatever they say.
    In fact just recently my vaccine compliant neighbor announced to me she tested positive for Covid. Actually this is the first person I know of that got Covid, except for a bother in law in Hawaii that claims he got Covid.
    So, while the Covid narratives are breaking down , the discrimination and punishment of the unvaccinated continue.

    1. Oh God ,A report I just saw where a crazy Judge just stripped this guy from visiting rights of his kid because he isn’t jabbed.

      They aren’t giving up. They may have lost the “No jab, no job” OSHA mandate fight, but they haven’t given up, they will do everything they can to make our lives inconvenient and miserable, to wear us down so that we will eventually give up and comply.

      As for the father you mention, if you are a non custodial dad, you are already screwed. There’s a reason why so many dads “kidnap” their non custodial children. I remember explaining that to my mother. She was flabbergasted, she had no idea that was going on.

  15. COVID herd immunity ‘not achievable,’ says doctor in Aurora

    So what does he recommend? That everyone get jabbed, of course!

    “If you’re not vaccinated, you’re some other herd, and we don’t know what’s going to happen to you. You’re just putting everybody around you at risk, including yourself,” he said.

    Same old Narrative, with a new coat of paint. But the message is unchanged.

    1. putting everybody around you at risk

      Circular illogic, yet millions accept without thinking. If the not-a-vaccine can’t keep you from catching it, how can it keep you from spreading it???

      1. The ZOE symptom study in the UK is reporting the exact same thing. Omicron symptoms are indistinguishable from a cold.

          1. One time way back I had the flu and just did my usual – curl up in a ball and tell everybody stay away and leave me alone until it passed. The problem was that by the fifth day I realized I might doing a Jim Henson and maybe I had screwed up (I was so sick).

            Next day I woke up on the mend, but that fifth night was scary.

          2. I’m unvaxxed a young gen x and healthy. Delta gave me pnumonia and 10 days in the hospital over thanksgiving. No comorbidities. Sometimes you just roll snake eyes and get unlucky. Took me six weeks to recover to 90%. I’m not saying that we need to reorder the world for my rare case but it’s more than the cold. Most People I know who has it vaxxed or unvaxxed say it’s the flu. Unpleasant but tolerable. Unless on day 8 your oxygen levels dip into thr mid-80s and you can’t breathe just walking to the bathroom. It’s a 3-4 in a thousand cases but it happens. 30,000 cases in a day and 100 people in the hospital will be coughing up blood for 3 weeks.

          3. Anecdotal evidence and all… Rand Paul was asymptomatic, while young healthy Tim Pool was almost hospitalized.

            Co-morbidities are predictable, but there are other unknown factors such as (1) initial inoculant (2) Vitamin D levels (3) whether you’ve recently been exposed to another coronavirus and have cross-immunity. Say what you will about masks, they cut down on initial inoculant.

            Now, this is all for the earlier variants. But Omicron is so mild that anyone with prior immunity or vax of any effectiveness is enough to reduce Omicron to a cold.

  16. ‘I would say right now, don’t buy into the fear that rates are going up, and this is the end of the real estate market,’

    Fixed it!

    1. Trying again…

      ‘I would say right now, buy into the fear that rates are going up, and this is the end of the real estate market,’

  17. With a negative minimum capital ratio of Sh3.4 billion as of September 2021, against the regulatory limit of Sh1 billion, an investor needs to pump in Sh4.4 billion for the bank to be in the industry regulator’s good books

    It isn’t just in Kenya where investors are trying to unload banks. Citicorp is trying to sell its Banamex subsidiary in Mexico.

    1. So you off her. She’s a nobody, and is easily replaced. All the little ones, the ticket takers, are replaceable like Lego blocks.

      1. WHOA WHOA WHOA, this is a Minecraft video game discussion sub-thread.

        But on that topic, if an imaginary globalist were to get kidnapped and lynched by an imaginary vigilante mob, I can only imagine how many imaginary tears would not be shed for the imaginary tragic end of such a hypothetical person.

        Glowies and Alphabet Agency boys, please go home and watch your wife getting royally plowed by Chad.

        Regards, Management

        1. Once these “imaginary” globalist small fry start getting “Arkansasided” the rest will get fearful. Face it, you can’t get to the big ones so get the ones you can.

          In the same vein, hassle your school boards and commissioners. I’m having a hell of a blast FOIA’ing the sh!t out of my County Board. I just got all their texts they sent during commission meetings. They have little cliques amongst themselves and text nasty things about the ones they don’t like. It’s been fun emailing the really nasty text to the targets of their gossip!

    2. Maybe slow your roll a bit there Big Dog when discussing gaming strategies for a game of Minecraft.

      There is, unfortunately, many possibilities for a person to “go missing” within a hypothetical video game of Minecraft, all of course occurring within a virtual world of a video game platform.

      This blog is just too much fun sometimes LMFAO.

    1. ‘I explained this Catch-22 threat in my recent article The Fed’s Catch-22 Taper Is a Weapon, Not a Policy Error. In that essay I outline the Fed’s documented history of creating economic disasters that conveniently end up benefiting their friends in the international banks.’

      ‘I also explained (with evidence) how the Federal Reserve actually takes its marching orders from the Bank for International Settlements, a globalist institution which along with the International Monetary Fund and World Economic Forum is openly seeking a one-world economic system and one-world currency system.’

      ‘I do not believe that the Fed’s actions are a product of ignorance or stupidity or basic greed. I do not believe the Fed is scrambling to keep the U.S. economy afloat. I believe according to the evidence that the Fed knows exactly what it is doing. The pandemic offers a perfect scapegoat for an engineered crash of the U.S. economy which the Fed is trying to facilitate.’

      ‘Why? Because the more desperate people are financially, the easier they are to buy off with false promises and a loaf of bread. They are easier to control. On top of that, with the U.S. economy reduced to second- or third-world status, it is easier to sell the public on the predetermined solution – total global centralization and far less freedom.’

      1. “I believe according to the evidence that the Fed knows exactly what it is doing. ”

        So do I.

      2. takes its marching orders from the Bank for International Settlements…

        …. which, btw, has designated physical gold bullion and the US dollar as the ONLY risk-free assets which count 100% toward reserve requirements.

    1. From the comments:

      Q: What is the significance of the HIV inserts being at the binding sites for coronavirus?

      In other words, would there be one (or more) specific advantage in placing them there if it was engineered (higher infectivity, more severe symptoms, easier to make, etc.)?

      A: (1) reinforces the proof that this was a non-random event and (2) if you are trying to bypass T-cell immunity having HIV-1 epitopes on binding sites is likely to help you

    2. A flying pink elephant

      Indeed. This stuff is extremely disconcerting. Not sure why you pointed at me to read this.

      1. IIRC, you were extremely skeptical of the Indian paper two years ago. The comments section is blowing up since I posted. I need to go read those.

  18. “The price of housing is a burden on China’s already-shrinking families. The average cost of buying an apartment in Shenzhen was about 44 times the average annual salary for local residents in 2020. It worsens inequality as wealthy landlords hoard properties. Millions of homes sit empty and some construction projects damage the environment.”

    Throw in another 44 years to pay interest, and you’re talking about a lifetime of debt servitude for the poor Chinese apartment buyers.

    1. “It worsens inequality as wealthy landlords hoard properties. Millions of homes sit empty and some construction projects damage the environment.”

      What’s the advantage to HODLing empty property during a major CR8R event? Seems like a guaranteed way to loose alot of money…alot!

    2. “‘The expectation of a downward trend in home prices has formed,’ Chen Shen, an analyst from Huatai Securities. ‘Demand for homes is likely to remain weak and that will keep Chinese developers’ liquidity tight.’”

      This is an excellent time for would be buyers to watch and wait as HODLers panic and dump their HODLings into the growing CR8R.

    1. I appreciate that.

      I read that out government has charged some of the Jan 6 protesters with “Sedition”. That sure is a sad and tricky thing, as it does not involve armed revolt, merely speaking critically against authority. As Americans, we should all be guilty of it, at the very least.

      1. government has charged some of the Jan 6 protesters with “Sedition”

        Darren Beattie has been at the forefront of the January 6th story. His site, Revolver.News, is linking to his appearance on Timcast IRL where he breaks down the sedition charges.

        1. breaks down the sedition charges

          I’ve no doubt there is a lot to discuss. It is clear to me though, given the history of Sedition charges juxtaposing the First Amendment, that this is an open and unashamed declaration by the administration that they are taking political prisoners. Pure and simple.

          Pushing the envelope of abuse. It won’t end well.

  19. Nearly 4-in-10 Illegal Aliens Refusing Coronavirus Vaccine as Americans Hit with Mandates

    by Breitbart
    January 15th 2022, 3:56 am

    While millions of American citizens are being hit with mandates to obtain one of three approved vaccines for the Chinese coronavirus, new data reveals that thousands of illegal aliens are refusing the vaccine.

    The 48,246 individuals who have received a coronavirus vaccine in detention also represent only one-third of 141,000 immigrants who have entered ICE custody after July 2021, when the agency received its first federal allocation of vaccines for detainees, according to an analysis of government data.

    According to unpublished ICE records, 37.6% of immigrants who have been offered the vaccine by the agency have declined it

    At the same time, coronavirus infections have exploded in recent months inside ICE detention facilities. Since the start of the new year, detained illegal aliens with coronavirus have jumped 520 percent.

  20. Summary of Steve Kitsch data.

    Looks like at least 400 thousand killed by the jab, will millions of injuries.
    Looks like the jab only gives about 30 days of protection, than goes negative that your more likely to get Covid because of reduction in immunity response called ” negative immunity.”

    The CDC, FDA, Fauci ,NIH has no figure for the amount of death and injury that would constitute a taking these fake vaccines off the market.
    With the HINI vaccine it only took 35 deaths to take it off market.

    1. and every single time we came up with a number of 150,000 dead or more

      And my doctor told me, with a straight face, that the vax has killed NO ONE. I still can’t get over that.

        1. Or maybe: “You’re gonna spread the Narrative, doc. If you refuse, you’ll be fired and we’ll do our best to have your medical license revoked. In other words, we will destroy you.”

          1. We’ve got a retired doctor in town who is 100% narrative spreading. Met him in the park dog walking a couple of times. I suppose they are predisposed to trusting the voices of authority.

          2. I suppose they are predisposed to trusting the voices of authority.

            I’m sure that many physicians accept what the CDC and FDA say and publish as being holy writ.

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