The Social Recession Is Accelerating

Authored by Charles Hugh-Smith via oftwominds, Did wages rise 10-fold to match the 10-fold rise in the cost of a modest house? No. That is social recession in a nutshell. A reader asked about the term social recession which he’d noted in my book Get a Job, Build a Real Career and Defy a Bewildering Economy. Here is …

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The dumb money piles in at the top!

#recession … #StockMarket Bubble edition The dumb money piles in at the top! 👀 https://t.co/Vtd3wnd1IP — Invariant Perspective (@InvariantPersp1) August 23, 2024 #Employment 📉 🥶 https://t.co/CcaH313H9I pic.twitter.com/4G3S50HcUX — Invariant Perspective (@InvariantPersp1) August 23, 2024 The average 🇺🇸 American household owes $10,000 in credit card debt, $58,957 in student loan debt, $241,840 in mortgage debt and …

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Imagine being worse off than slaves

That 7.65% FICA is misleading because your employer is required to match it with another 7.65% that never shows up on your check, which means the actual percentage of your wages is 15.3%. — Jack Mohr (@SOP00067) August 22, 2024 pic.twitter.com/03hlWbDapY — Darth Powell (@VladTheInflator) August 18, 2024

3 Retirement Red Flags You Should NEVER Ignore

2024 is not looking like a good time to retire. Today we consider 3 red flags that are enough to make you reconsider any plans you may have for the next year or two… From Peter Reagan for Birch Gold Group As you near retirement age, one of the decisions you get to make is when …

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U.S. Dollar Index $DXY on track for lowest close since July 2023. People think they’re getting richer as the market goes up but in real terms not really.

U.S. Dollar Index $DXY on track for lowest close since July 2023 👀 pic.twitter.com/QttP92aA3K — Barchart (@Barchart) August 23, 2024 This is crazy. People think they’re getting richer as the market goes up but in real terms not really. https://t.co/dytRkimwVe — QE Infinity (@StealthQE4) August 23, 2024 Wall Street’s reaction to the Fed’s impending rate …

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It’s the last chance to get in. Good to see equities are rallying because its probably different this time…

It's the last chance to get in. pic.twitter.com/9h2BhwrImw — Mac10 (@SuburbanDrone) August 23, 2024 Good to see equities are rallying because its probably different this time… https://t.co/A6oA4HbHfL — Santiago Capital (@SantiagoAuFund) August 23, 2024 We knew rate cuts were coming, my eyes are on the balance sheet pic.twitter.com/i74BvBOYQG — Darth Powell (@VladTheInflator) August 23, 2024 …

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5 Billion For a Wall is Too Much: “United States taxpayers pay $451 billion per year for housing and care of illegal migrants.”

View post on imgur.com NEW – United States taxpayers pay $451 billion per year for housing and care of illegal migrants.pic.twitter.com/ebzPmY8KFV — Disclose.tv (@disclosetv) November 28, 2023 Republicans are once again lying about the border to bring us to the brink of a shutdown. Here are five of their biggest whoppers debunked. pic.twitter.com/PpNGU4MJJx — Robert …

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“We got 70 days to act right… After 70 days, we can go back to acting crazy.”

On Wednesday, during the third day of the Democratic National Convention (DNC) in Chicago, a speaker at the Black Caucus event made a revealing statement that has caught the attention of political observers. Rev. Mark Thompson, who hosted the Black Caucus panel, urged attendees to maintain a controlled demeanor until the upcoming election, sparking discussion …

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Secret Service Pittsburgh Head and Others Placed on Leave Over Trump Assassination Attempt.

BREAKING: Several Secret Service officials, including the head of the Pittsburgh field office, have been placed on leave amid the investigation into the attempted assassination of former President Donald Trumphttps://t.co/PAiZ4D1jU3 📺 Sky 501, Virgin 602, Freeview 233 and YT pic.twitter.com/T68fsOYYUY — Sky News (@SkyNews) August 23, 2024 NEARLY SIX WEEKS LATER: At least five members …

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RFK JR ENDORSES TRUMP FOR PRESIDENT – AP REPORTER.

RFK JR ENDORSES TRUMP FOR PRESIDENT – AP REPORTER. — FinancialJuice (@financialjuice) August 23, 2024 RFK JR: “As you know, I left that party in October because it had departed so dramatically from the core values that I grew up with. It had become the party of war, censorship, corruption, big pharma, big tech, big …

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If you are bearish, maybe now is your time.

If you are bearish, maybe now is your time. pic.twitter.com/vQDljP0sCY — Guilherme Tavares (@i3_invest) August 23, 2024 The SPX is looking so attractive for a long term buy and hold. Current valuation + narrowing spread between 2Y and 30Y yield shouldn't be a concern. Stonks only go up because we have CB's to back up …

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The Top 20 Most Embarrassing Moments from the Entire DNC (with video for each)

The Top 20 Most Embarrassing Moments from the Entire DNC I can’t believe these actually happened. 🧵 THREAD pic.twitter.com/3UXDvmH6kE — The Vigilant Fox 🦊 (@VigilantFox) August 23, 2024 #20 – Joe Biden battles the teleprompter and loses. “Women are now without electrical… not allowed, excuse me, not without electoral (long pause) or political power.” (Biden …

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James O’Keefe Goes Undercover at the DNC Convention, Confronts ActBlue Over Allegations of False Donations

Undercover at the DNC convention for two days. They had no idea. Full video drops tomorrow. Stay tuned. #DNCExposed pic.twitter.com/0Ufv0WOXLa — James O'Keefe (@JamesOKeefeIII) August 21, 2024 O’Keefe Media Group went undercover at the DNC Convention in Chicago this week. James O’Keefe put on a disguise and trolled the convention for two full days. BREAKING: …

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‘Tim Walz and Doug Emhoff appeal to low Testosterone men.’

She basically said cucks and gay men support Kamala 😂 — Gen Z Right (@CanPatriotUS) August 22, 2024 Sooo, men who squat to pee? pic.twitter.com/KUshREZrxP — Bluewater Boy (@FLBluewaterboy) August 22, 2024 Low T but still able to bang nanny 😆 pic.twitter.com/u5iJtguw2N — X Citizen Journal (@xcitizenjournal) August 22, 2024

Donald Trump’s Live Responses to Diversity Hire Harris’ DNC Speech Pointed Out Massive Omissions . . . Tucker Carlson Reacts to Commiela’s Speech: “This Woman‘s Really Scary” [VIDEO]

President Donald Trump, engaging directly with his supporters on Truth Social, provided a real-time rebuttal to Vice President Kamala Harris’s speech at the Democratic National Convention, highlighting what he perceived as critical omissions and failures in her address. Trump pointed out, “She didn’t mention China, she didn’t mention fracking, she didn’t mention Energy, she didn’t …

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While the markets may seem strong long-term, they are propped up by unsustainable practices and significant political issues. Expectations of a hard landing are beginning to grow.

On this long-term chart the pandemic is barely visible as a minor blip in a 15 year blow-off top to a long-term secular bull market. Marked by unprecedented political acrimony, constant monetary intervention, and a 6% budget deficit to obtain 2% "growth". In a more honest time… pic.twitter.com/svL7Rgo7Wy — Mac10 (@SuburbanDrone) August 22, 2024 Expectations …

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Harris Not Leading A Single Battleground State In New Poll… Trump Leads Harris By 7 Points, Up 10 Points In A Week.

Vice President Kamala Harris is not leading in a single battleground state, according to a new poll. The survey, conducted by Navigator Research between July 31 and August 8, showed the Democratic presidential nominee and former President Donald Trump are tied in Michigan, North Carolina and Wisconsin, while Harris is behind in Arizona and Pennsylvania. …

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GRAPHIC: Komrad Kamala’s Tax Proposal.

Wow https://t.co/CrrQGnsg71 — Elon Musk (@elonmusk) August 22, 2024 44.6% cap gains is higher than any country in all of Europe… pic.twitter.com/N2zINg4SUZ — Mario Nawfal (@MarioNawfal) August 22, 2024 https://twitter.com/kgvh6v/status/1826679190848147923?ref_src=twsrc%5Etfw Kamala has officially lost the vote of every golfer. This is crazy! pic.twitter.com/0JQqsxFWvg — 𝕿𝖍𝖊 𝕷𝖎𝖔𝖓𝖊𝖘𝖘™️ (@CL4WS_OUT) August 22, 2024 Trump doing his commentary of …

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Oprah proves this convention is a clown show… Slick Willy gets a makeover to boost Heels Up Harris… DNC Day 3 pushes the Deep State’s agenda to install Commiela… Matt Walsh promotes his new film at the DNC.

The Obama’s have a net worth of $70 million. They own 4 luxurious properties: – Washington DC home bought for $8.1M – Martha’s Vineyard home bought for $11.75M – Beachfront home in Hawaii bought for $8.7M – Chicago home bought for $1.65M Getting really tired of… pic.twitter.com/sNwPVfmRSt — 🇺🇸ProudArmyBrat (@leslibless) August 21, 2024 Oprah Winfrey’s …

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Elon Musk’s poll on 𝕏 shows Trump leading Harris by 79%, debunking media’s even contest.

BREAKING: 𝕏 debunked the mainstream media's false polls and claims that reported an even contest between Donald Trump and Kamala Harris. Over a million people have already voted in Elon Musk's recent poll on 𝕏, with Donald Trump leading by 79%, pic.twitter.com/qR9jYI4CxD — DogeDesigner (@cb_doge) August 20, 2024 Since a lot of people have asked, …

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