IRAN: Record Set for Highest Heat Index and Dewpoint

An air temperature of 102°F (38.9°C) and 85% relative humidity produced this brutal heat index. Check out the data from the weather station here: https://t.co/MsEqPTxAF6 — Colin McCarthy (@US_Stormwatch) August 28, 2024 However, a historic heatwave is occurring across much of the Middle East, and one weather station in Dhahran, Saudi Arabia—which currently holds the …

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Will we “accidentally” walk into the digital ID system?

Will we "accidentally" walk into the digital ID system? https://t.co/1FSTKUZhpd pic.twitter.com/VrLq2y5TYT — DoctorRay (@DrNoMask) August 25, 2024 Report: Biden Administration Rushes Digital ID Plans The Biden administration is working to expedite widespread adoption of digital IDs, including driver’s licenses, a draft executive order indicates. Digital IDs are a contentious concept primarily because of the concentration …

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Gradually, then all at once.

Not sure how people are surprised… No one has extra income at this point except for the very high middle class and extremely wealthy. Avg households need not apply. Despite what the news reports, the economy is struggling and inflation is playing a big role in spending habits / patterns. What have they (or others) …

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US Credit Rating: “Outlook Stable”. LOLOL

i feel better now — steph pomboy (@spomboy) August 29, 2024 A debt crisis always leads to a currency crisis, bringing inflation, asset and debt implosion, political and geopolitical instability, social unrest, and even wars. We're closer to this risk than ever. — Egon von Greyerz (@GoldSwitzerland) August 29, 2024

Stocks are increasingly sure that the economy will avoid a recession. Bonds…..not so much. The 10y2y Yield is back to the 0 line.

#Stocks are increasingly sure that the #economy will avoid a #recession.#Bonds…..not so much.h/t @SoberLook pic.twitter.com/jGH6KyX8eY — Lance Roberts (@LanceRoberts) August 30, 2024 The 10y2y Yield is back to the 0 line. The Inverted Yield Curve is one of the most accurate recession indicators. The longest inversion prior to 2022: 16 monthsThe current inversion: 24 months …

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Ukraine Shoot Down its Own F-16 with a Patriot Missile

A top Ukrainian pilot was killed when a US-made F-16 fighter jet crashed on Monday, just weeks after the long-awaited planes arrived in the country, a Ukrainian military source told CNN. – Source Ukrainian MP, veteran and deputy chairman of the Committee on National Security, Defense and Intelligence, Maryana Bezugla: “According to my information, the F-16 …

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Donald Trump warns Mark Zuckerberg he will face life in prison if he commits any illegal acts during the 2024 election.

Donald Trump has warned that Mark Zuckerberg will “spend the rest of his life in prison” if Facebook illegally influences the outcome of the US presidential election. – Source This follows Zuckerberg admitting that he censored information at the request of the Biden-Harris administration. Donald Trump has warned that Mark Zuckerberg and anyone else who illegally interferes in …

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The rich thrive in a booming economy, while the poor endure a deep recession.

"It was all going so well" pic.twitter.com/ywaWoUuh9d — Mac10 (@SuburbanDrone) August 29, 2024 Explain this!Germany’s DAX Index Hits Record High while the economy is in recession! #Germany #Stocks #Gold #Recession #Inflation pic.twitter.com/DiLIwRZL8K — Anas Alhajji (@anasalhajji) August 30, 2024 Dollar General Misses Q2 Earnings, Lowers View on Soft Sales Trends Shares of Dollar General Corporation …

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Downtown? Office Values In US Metro Areas Have Crashed 52% From Highs (Zombie Towers In Large Cities Creating Drag)

by confoundedinterest17 Downtown? I know a place where the crime and congestion isn’t so bad, the suburbs. Commercial real estate market challenges are more severe for older office towers in downtown metro areas than those outside city centers. The mismatch between funding needs and available credit in a high-interest-rate environment has also intensified the strain on building owners, …

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The La-La-Land Fairy Tale of a “Soft Landing”

Authored by Charles Hugh-Smith via oftwominds, When everyone finally leaves the La-La-Land casino and abandons the fairy tale, household wealth held in stocks is a fraction of what it was in the heady days of hot hands rotating into the next hot sector. The reason why a “soft landing” is a fairy tale straight out …

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Brazil has fallen. Hard.

Lula and Moraes are attempting to lock up their political opposition, like the Biden-Harris administration and every totalitarian regime in the past. pic.twitter.com/U8W94FK0ks — KanekoaTheGreat (@KanekoaTheGreat) August 29, 2024 Brazil has fallen. Hard. — Chuck Callesto (@ChuckCallesto) August 29, 2024 https://twitter.com/Liberacrat/status/1828971749569933467 One day, @Alexandre, this picture of you in prison will be real. Mark my …

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The 10 year versus 2 year yield curve un-inverted yesterday. You can start your countdown clock.

The inversion of the yield curve, particularly the 10-year versus 2-year yield, is often viewed as a signal of an impending economic crisis or recession. When the yield curve un-inverts, it can suggest a shift in market sentiment, potentially indicating that investors are more optimistic about future growth or that short-term rates are declining. AC

If Ukraine’s Invasion Of Russia’s Kursk Oblast Was A Diversion, It Has Failed. -Forbes

If Ukraine’s Invasion Of Russia’s Kursk Oblast Was A Diversion, It Has Failed. -Forbes pic.twitter.com/d8wN6yNbl4 — GeoInsider (@InsiderGeo) August 29, 2024 Kiev's invasion of Russia's Kursk Region was supposed to stop Moscow's advance on the battlefield in Donbass. That's the admission from Ukraine's top military commander Aleksandr Syrsky, who says the results have so far …

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Possible Hurricane to Impact US 2nd Week of Sept

ICON and CMC are on it. NHC is posting discussions. Stay tuned for updates. https://www.nhc.noaa.gov/gtwo.php?basin=atlc&fdays=7 Central Tropical Atlantic: A tropical wave over the central Tropical Atlantic Ocean is producing some disorganized showers and thunderstorms. Environmental conditions appear conducive for gradual development of this system, and a tropical depression could form by early next week while …

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Trillions of dollars of money printing since Covid has created the illusion of a growing economy… in fact, the US economy is in the midst of a depression. Marc Faber warns markets could deflate 50%.

Textbook recession: 2 consecutive quarters of negative real GDP Textbook depression: 12 consecutive quarters (3yrs) of negative real GDP 🇺🇸 currently in 9th consecutive quarter of negative real GDP ⚠️ — CJK (@CJKonstantinos) August 29, 2024 31% of parents say they are unable to afford back-to-school shopping for their kids this year, per Credit Karma. …

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A CURE Has Been Found For Severe Media Induced Trump Derangement Syndrome!

Contact your Doctor or Pharmacist for details! My team never sleeps 😂 pic.twitter.com/THH4MiMMMI — Nicole Shanahan (@NicoleShanahan) August 29, 2024 BREAKING: RFK’s VP pick Nicole Shanahan releases a “Trump Derangement Syndrome” ad. pic.twitter.com/ubFZ5KyrMN — Leading Report (@LeadingReport) August 29, 2024 You can always self-medicate. Start by reading the United States Constitution. h/t Flying Elvii

How long can the U.S. economy rely on asset prices? How high the unemployment rate could soar if consumers halt spending this winter?

“The question is how much longer can the US economy be propped up by asset prices?” The answer is: the economy is being propped by government spending that gooses asset prices at the expense of the people that pay for it through #inflation https://t.co/a96qCMia2P — JustDario 🏊‍♂️ (@DarioCpx) August 29, 2024 Initial claims begins to …

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HEADS UP – After Dumping 55% Of His Apple Stock, Warren Buffett Sells 5 BILLION In Bank Of America Stock, Signaling BANKING CRISIS!

JUST IN: 🇺🇸 Warren Buffett sold another $981 MILLION shares of Bank of America. ‼️Buffett now holds $278 Billion in CASH and selling stocks like never before, including Apple. He's getting ready for a crash… pic.twitter.com/XUkxj3whAd — Radar 𝘸​ Archie🚨 (@RadarHits) August 28, 2024 The Buffett Indicator (Total US Market Value/GDP) is a ballpark measure …

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Authorities Investigate Alleged Activities of Venezuelan Gang ‘Tren de Aragua’ in Colorado Apartment Complexes

Eastern Suburbs of Denver Colorado. Is's happening. Download this on the 19th. pic.twitter.com/5ji1YSMXTK — Shepardess (@Shepardess2) August 28, 2024 Breaking news- Parts of Aurora, Colorado, a suburb just nine miles east of Denver, are being overtaken by a violent Venezuelan gang, a city official told Fox News.Denver’s sanctuary city policies are being blamed for the …

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US pending home sales are now lower than during peak pandemic shutdown, 20% unemployment, mass fear… And lower than 2008!

https://twitter.com/RaymieMark/status/1829162596492292106 What stage? https://t.co/nl1mq3RFPD — KKGB (@INArteCarloDoss) August 29, 2024 Pending Home Sales in the United States decreased 8.50 percent in July of 2024 over the same month in the previous year.https://t.co/NHmalX7Rux pic.twitter.com/WOKdO4kX1W — TRADING ECONOMICS (@tEconomics) August 29, 2024 The other sectors of the economy are pulling the rest of the weight, buoyed by …

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CAUTION: Housing defaults have skyrocketed. This is unlike anything we’ve seen in a decade

2/ The Fed has been on an unprecedented hiking cycle since 2022 Taking rates from near 0% to 5.5% in just 1.5 years pic.twitter.com/3eVzwmSreS — Bravos Research (@bravosresearch) August 27, 2024 4/ High rates negatively impact the housing market Given the high rate sensitivity of that sector — Bravos Research (@bravosresearch) August 27, 2024 6/ …

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Hey poors, you’re selected

JPMorgan analyst explains why he believes we’re in a ‘selective recession’ byu/Perfect_Alarm_2141 ineconomicCollapse I am looking forward to after Nov when they can just call it a recession. First they will speculate if it will be a “good christmas” or not with ever more anxiety… then in early Jan we can just admit how bad …

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