Falling stock markets have wiped out more than $9 trillion in wealth from US households, as Americans’ holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the start of the year. Economists say the drops could soon start rippling through the economy, adding pressure to Americans’ balance sheets and possibly hurting spending, borrowing and investing. However, the wealthy had the largest losses as they own an outsize share of stocks: the top 1% lost over $5 trillion in stock market wealth while the bottom 50% lost about $70 billion in stock wealth. The market was inflated as it nearly doubled during the pandemic, rising from $22 trillion to $42 trillion. The bulk of that wealth went to those at the top, since the wealthiest 10% of Americans own 89% of individually held stocks. While stock markets have seen larger drops on a percentage basis, this year’s stock losses are among the largest ever on a dollar basis.
Americans’ holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the start of the year.
With major market indexes falling further since July, experts say losses from financial markets could total $9.5 trillion to $10 trillion.
Economists say the drops could add pressure to Americans’ balance sheets and possibly hurting spending.
Falling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending.
Americans’ holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the start of the year, according to data from the Federal Reserve. With major market indexes falling even further since early July, and the bond market adding further losses, market experts say the current wealth losses from financial markets could total $9.5 trillion to $10 trillion.
There is a concern over remote warfare that can make militaries less accountable or can lead to mistakes. In addition, remote warfare via the push of a button can turn it into something that looks more like a video game and can diminish the reality of killing humans.
The CDC said that the 2-dose vaccines do not suppress transmission and taking boosters suppresses transmission for a short transient period that wanes. Therefore, there are no grounds for the government to mandate COVID vaccines because they don’t prevent transmission.
The author of the study said, “We can no longer say this is a pandemic of the unvaccinated.” The article neglected to point out that people were counted as unvaccinated until 2 weeks after they received the shot, when most injuries occur.
Bill 36, which was drafted in secret, will give the BC Minister of Health the ability to appoint College Boards that are required pass bylaws mandating vaccines for any illness the government chooses as a condition of keeping professional licenses.
The current protests erupted after a fire broke out Thursday and killed at least 10 people in an apartment building in the city of Urumqi, where some have been locked in their homes for four months. Locked doors may have blocked people trying to escape and stopped firefighters from gaining access to the building.
Tennessee State Senator Frank Niceley supports a sovereign state bank, modeled on North Dakota, to help stabilize his state’s economy. A state depository for gold is also proposed. Utah, Nevada, Wyoming and New Hampshire are issuing “gold-backs” that actually contain gold.
The bureaucrats at the California Air Resources Board are looking to ban all gas and diesel trucks. The board boasted about being the first to adopt a rule requiring truck manufacturers to transition from diesel to electric beginning in 2024. There is no infrastructure to support this insane plan.
He reported on social media that he had blood clots that traveled to his lungs from a clot in one of his legs. He said that he tested positive for COVID in September even though he has been vaccinated and boosted.
The lead author of the study warned that the steep decline could get to an irreversible point. Other studies have linked low sperm counts to obesity, sedentary lifestyles, smoking, and exposure to certain chemicals and pesticides.
Dr. Almyra Oveta Fuller, a professor of microbiology, died suddenly. She was on the FDA’s Vaccine Advisory Committee that approved COVID-19 vaccines and boosters in the United States for Emergency Use Authorization (EUA). Previous tweets from Dr. Fuller show she had been a fierce pro-vaccine proponent.
Canada’s Medical Assistance in Dying (MAID), that encourages people who are depressed, mentally ill, chronically ill, disabled, and cannot afford to support themselves, to commit suicide. Children, called “mature minors”, whose sole medical condition is mental illness, may also be considered for assisted suicide.
A cell phone with a Bluetooth application collected Media Access Control (MAC) codes when it was near people who had received COVID jabs. People who took PCR swab tests also triggered a Bluetooth response, but at a lower level. Bluetooth codes were also detected in a cemetery among people who died in 2021 and 2022.
Died Suddenly features video interviews with doctors and morticians as well as news clips about the high death rate following the roll out of COVID ‘vaccines’. Heart attacks, myocarditis, blood clots, strokes, cancer, and other diseases not related to COVID are causing mass deaths across America.
Biden signed a G20 Bali Leaders’ Declaration pledging for America to adopt vaccine passports for international travel in addition to supporting tracing programs. Both the World Economic Forum and the UN have been fervently promoting the vaccine passport/universal digital ID concept years before COVID-19 emerged.
Obama said, “…I come from Chicago so I want to be honest. It’s not as if it’s just Republicans who have monkeyed around with elections in the past, sometimes Democrats have too. Whenever people are in power, they have this tendency to try to, you know, tilt things in their direction.”
The National Council of Justice in Brazil, in an effort to attempt to vanquish protests, issued an order to verify the condition of children attending protests and children are being forcibly removed from their parents’ custody. A Supreme Court judge ordered banks to block the accounts of anyone supporting the protests
Government Services Corporations acting “as” Governments are required to function on credit. Banks have responded to the demand for credit by using depositors’ money, creating the fractional reserve system, registering babies to create labor ‘assets’ and creating Platform Trading to generate more credit.
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Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)