One must wonder how much a 6% GDP deficit in a 2% GDP economy is hiding actual recession.

One must wonder how much a 6% GDP deficit in a 2% GDP economy is hiding actual recession. Here is the monthly hiring rate: pic.twitter.com/nVNbmA9ANm — Mac10 (@SuburbanDrone) August 8, 2024 Simple https://t.co/pnXlhL7zAN pic.twitter.com/mPqlutVkDc — Alessio (@AlessioTMAD) August 8, 2024 https://twitter.com/RJRCapital/status/1821526742135079234 This is the highest S&P 100 (mega cap) volume since the pandemonium. The top …

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The Most Dangerous P/VP Ticket?

By Martin Armstrong Texas Governor Greg Abbott has called the Harris-Walz ticket “the most dangerous p/vp ticket ever,” adding, “She supports free health care to illegal immigrants. He signed laws giving state services to them. Both provide magnets for more illegal immigration.” It is no exaggeration to say that these two want to push socialistic …

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U.S. hits record $17.8 trillion in household debt; credit card and auto loan delinquencies nearing 2008 highs.

U.S. household debt has reached a record $17.8 trillion as of the second quarter of 2024. This includes significant increases in mortgage balances, auto loans, and credit card debt. Regarding delinquencies, there has been a notable rise. Serious delinquencies (90 days or more overdue) for credit card debt have surged to 7.18%, and auto loan delinquencies have also …

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Elon Musk: ‘Population collapse is accelerating’

Americans can't afford kids. We are broke. Illegals are getting free medical, housing,snap benefits, and cash assistance. We get nothing but debt. pic.twitter.com/2vt6y2paHg — Sassafrass84 (@Sassafrass_84) August 8, 2024 This trend is driven by factors such as lower fertility rates, especially in countries like Japan, South Korea, and parts of Europe. The implications of this …

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Signs of margin expansion exhaustion prompt investors to scrutinize AI capex impact on earnings.

There are signs of exhaustion in margin expansion, prompting investors to seek more clarity about the earnings impact from heavy capital expenditures (capex) on AI. This trend has been noted by analysts, such as Konstantinos Venetis from TS Lombard, who highlighted that the pressure on margins is prompting investors to look closely at how significant …

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Tim Walz’s VP nomination faltering; MSNBC reports Kamala Harris campaign dodges ‘stolen valor’ claims.

Tim Walz VP Nomination Is Falling Apart Before Our Very Eyes Even mainstream Media MSNBC says the Kamala Harris campaign is dodging the ‘Stolen valor’ accusation Saying they need to focus on other talking points because they cant confirm Tim Walz military record isn’t falsified pic.twitter.com/vAfb5Ptkxx — Wall Street Apes (@WallStreetApes) August 8, 2024 Tim …

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Gold prices hold above $2,400/ounce, poised for next leap unless liquidity crash occurs.

Gold prices refuse to sustain below $2,400/ounce The market is prepping for its next leap higher. Only a general market liquidity-crash can slow the bull down pic.twitter.com/14NTpO2Hvl — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) August 8, 2024 Inflation-adjusted US government spending in less than 4 years now exceeds the combined spending of: – World …

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7.1 earthquake off Japan prompts tsunami warnings along southern coast.

A 7.1 magnitude earthquake struck off the southern coast of Japan earlier today, prompting tsunami advisories. The earthquake occurred near the Miyazaki Prefecture at a depth of about 18 miles. Authorities have issued warnings for potential tsunami waves up to 3.3 feet high along the southern coast of Kyushu and nearby Shikoku. https://abc7news.com/post/71-magnitude-earthquake-strikes-coast-japan/15158199/ https://www.msn.com/en-us/news/world/powerful-71-magnitude-earthquake-hits-japan-tsunami-advisory-issued/ar-AA1ortPN https://www.cbsnews.com/news/earthquake-japan-7-1-magnitude-tsunami-advisory/

Vivek Ramaswamy: Election is against a system, not just Harris and Walz; advertisers pressure Rumble to drop conservative creators.

More Stories on @VigilantNews: Streamer with Nearly 30 Million Followers Melts Down After Getting Harassed by Kamala Harris’ Campaign https://t.co/tUwf1SR7qc — The Vigilant Fox 🦊 (@VigilantFox) August 7, 2024 While recently speaking to a group of Republican voters, Vivek Ramaswamy suggested that the election is about more than running against Kamala Harris and Tim Walz. …

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WHOAH! Glenn Youngkin’s executive order requires election officials to ensure that “no ballot-counting machines are connected to the internet” and that ballots won’t be counted unless the voter’s social security and birthday match what’s in the system.

BREAKING: Virginia Governor Glenn Youngkin has signed an executive order clamping down on noncitizens who will try to vote in November by forcing the DMV to provide election officials with DAILY information on noncitizens and also requiring enforcement by the Attorney General… pic.twitter.com/r0LZMthBGk — George (@BehizyTweets) August 8, 2024 BREAKING: Virginia Governor Glenn Youngkin has …

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Buffett sells Tech and Banks, But what is he buying? Oil and Gas

by RhinoInsight After sending out the Insider Report for June today, I noticed that Buffett has been steadily buying shares of Occidental Petroleum Corporation (OXY) for months, an US based company, specialized in the exploration and production of oil and gas. Just in June, he acquired shares worth nearly USD 500 million. This isn’t the first time he’s bought …

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Emergency Rate Cuts Never Work

By Martin Armstrong COMMENT: Marty, it is always obvious why you were named Economist of the Decade, Hedge Fund Manager of the Year, and FX Analyst of the Year for the Swiss Peg break. As you said on the private blog; “Let’s see but it appears that we could have a bear trap forming with a …

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This should be bigger news

https://x.com/xxclusionary/status/1820909111187288108 https://threadreaderapp.com/thread/1820909111187288108.html Here is the link to the bill.  https://www.revisor.mn.gov/bills/text.php?number=HF1655&version=0&session=ls93&session_year=2023&session_number=0 h/t PsychologicalSong8

Why Co-Branded Credit Cards Like Bilt Are So Risky for Banks

Interesting video from The Wall Street Journal on co-branded credit cards. “From Apple and Goldman Sachs to Bilt and Wells Fargo, high-profile credit card partnership missteps reveal how risky these deals between brands and banks can be. Almost 30% of adults own co-branded credit cards as customers can earn different rewards like discounts or free …

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Tim Walz paid parents $200 to get their kids vaccinated

Thankfully I took a screenshot. pic.twitter.com/6jxC8Ycz25 — Mary Talley Bowden MD (@MaryBowdenMD) August 7, 2024 Maybe they blocked me from searching. — Mary Talley Bowden MD (@MaryBowdenMD) August 7, 2024 https://mn.gov/governor/covid-19/news/?id=1055-508348 h/t A Deplorable Neanderthal

Current U3 unemployment formula excludes post-2022 immigration; real unemployment worse with illegal entries. typically, credit card delinquencies follow job losses.

"The formula for current U3 doesn’t included immigration after 2022" So unemployment is worse if you include all the illegals Biden let in https://t.co/mMLn70eql7 — Darth Powell (@VladTheInflator) August 7, 2024 It's strange that credit card delinquencies are rising without much unemployment. Normally dq's follow job losses. pic.twitter.com/ksJHYL6OWX — Random Walk (@MosesSternstein) August 7, 2024

Secretive agency monitoring social media amid riots, rebranded as National Security Online Information Team.

A secretive government agency used to “spy on” anti-lockdown campaigners during the pandemic has been deployed to monitor social media amid the riots, The Telegraph has learnt. The Counter Disinformation Unit, now rebranded as the National Security Online Information Team, has been given the task just months after MPs called for an independent review of …

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The British authorities are cracking down on those who are simply SHARING or RETWEETING riot footage on social media.

UK reposting content = jail. 🇬🇧 Goodbye Freedom. Hello surveillance. UK media warn reposting other people’s social media content related to riots could be a criminal offense, and that there are teams of people scouring the internet “looking for this sort of thing.” pic.twitter.com/wk1U0hzaZw — Simon Dixon (@SimonDixonTwitt) August 7, 2024 British police are arresting …

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Massachusetts to Ban Term “Mother”

By Martin Armstrong Massachusetts, House Bill 4750 will protect parents from gender discrimination by removing “mother” and “father” from birth certificates. We have reached a place in our society where this announcement causes no recoil as the left has strayed far beyond reality. A few years ago, these stories would make front-page headlines and cause …

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UK Residents Promise to Boycott Domino’s Pizza After Dominos UK Allegedly Tweets Bizarre Request to Help DOXX UK Nationalists

Hi there, thank you for bringing this to our attention. We take issues like this seriously and would like to look into this further. Please could you provide your contact details via DM so our CS team can contact you regarding this? — Domino's Pizza UK (@Dominos_UK) August 6, 2024 Go woke go broke — …

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Who in the hell wants 4 years of this ??

This airhead is so ridiculous. 😂😂😂 Who in the hell wants 4 years of this ?? pic.twitter.com/quuv4oTBYI — Juanita Broaddrick (@atensnut) August 5, 2024 Here is Tim Walz smiling as he signs a law that provides drivers license for illegal aliens in Minnesota He wants all of America to do the same This guy is …

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Absolute state of the UK right now. Couldn’t make this up.

UK Government Adviser Suggests Covid-Style Lockdowns to Suppress Anti-Migrant Protests Why aren’t all communities protected in Britain? @Keir_Starmer https://t.co/gldyguysNe — Elon Musk (@elonmusk) August 6, 2024 Arrested for making comments on Facebook! Is this Britain or the Soviet Union? Is this accurate @CommunityNotes? https://t.co/ov7lKEUl2C — Elon Musk (@elonmusk) August 6, 2024 h/t mightiest_m