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Got a feeling there are going to be serious repercussions for this attack. Building which is a residential Tower Block has completely collapsed. Saying there are 4 confirmed dead up to now. Expected to rise significantly. Ukrainians are saying it is a Russian False Flag. Russians are saying it was a US/NATO ATACM. Russians have …
Here is the list of the top leveraged banks. pic.twitter.com/tDrNb3kzIw — The Coastal Journal (@1CoastalJournal) May 12, 2024 Who didn’t see this coming? This is just getting started unfortunately. Almost $1 trillion of debt is rolling over in 2024 and needs to be refinanced at higher rates. Good luck with that. pic.twitter.com/my3e7stE1J — QE Infinity …
Conservative Supreme Court Justice Clarence Thomas slammed life in Washington, DC while attending a recent judicial conference. He described DC as a ‘hideous place’ and explained that this is part of the reason that he and his wife like to go on RV trips. It’s hardly surprising that Thomas feels this way when you consider …
The government’s decision to exclude essentials like coffee, tomatoes, and vegetable oil from inflation reports while highlighting trivial items like TVs is infuriating. This shift in focus downplays the real impact of inflation on everyday necessities. The government is removing essential items like coffee, tomatoes, and vegetable oil from the inflation report. Attention is being …
For the first time in history, billionaires have a lower effective tax rate than working-class Americans, per Rutger Bregman: pic.twitter.com/C6EkoKhK6x — unusual_whales (@unusual_whales) May 11, 2024 Hey there! You might have heard the buzz about billionaires supposedly paying less in taxes than regular folks. But let’s peel back the layers and see what’s really going …
Bankruptcies are hitting average American families, and U.S. businesses really hard in 2024, according to data from the U.S. Courts. Higher consumer prices are making Americans take on massive loads of debt just to get by, while businesses are being impacted by decreased sales and falling profits at a time costs continue to climb. The …
New Zealand First is pushing a bill that mandates separate unisex and single-sex bathrooms in public buildings, with fines for those who use the “wrong” one. Despite opposition from the Prime Minister and the lack of prior agreement, the party claims it’s responding to public demand and points to similar legislation in the UK. This …
Israeli media reports about briefings from high-level sources that 'the operation in Rafah is going on at full force'. If demonstrations don't become extremely disruptive in the near future, and if life in the West doesn't become unbearable, by this time next year Israel will… — Alon Mizrahi (@alon_mizrahi) May 9, 2024 https://twitter.com/_/status/1789003452195975299 Gaza city …
San Francisco’s controversial “Managed Alcohol Program” provides free booze to homeless alcoholics, sparking criticism from a tech CEO and raising ethical questions about enabling addiction. This program is a misguided attempt at addressing the complex issue of homelessness and addiction. While the intention may be to prevent harm and reduce strain on emergency services, providing …
A former Wells Fargo broker accused of stealing funds from clients avoids consequences despite refusing to cooperate with the investigation. This incident sheds light on Wells Fargo’s troubled history, including instances of defrauding customers and facing legal action. How much money did Wells Fargo steal from customers? The CFPB said the more than $2 billion …
This is nothing short of a crisis for young Americans. The staggering increase in debt levels among Gen Z, coupled with stagnant earnings, paints a grim picture of financial stability for the next generation. It’s alarming to see that despite earning less, they’re saddled with significantly more debt than Millennials were a decade ago. With …
FL home owners insurance is $1000/mo on average LOL pic.twitter.com/qKyh2EzQUY — Darth Powell (@VladTheInflator) May 11, 2024 10 most expensive states for home insurance A couple of coastal states that face hurricanes and flooding damage have the highest home insurance costs, but others that are impacted by wildfires and tornadoes are also among the top 10 for …
Gold Miners Hit 12-Month Highs 🚨 pic.twitter.com/BwNkPODSXx — Barchart (@Barchart) May 11, 2024 Gold miners reach 12-month highs, marking the first instance in 45 years where gold has been less volatile than Treasuries, signaling a shift in perception of safety in the investment landscape. This development should set off alarm bells for investors accustomed to …
The Umich sentiment survey highlights that mainstream media reporters aren’t overly concerned about depicting the economy positively, as consumer sentiment reflects the harsh realities of maxed-out credit cards, elevated interest rates, and a weakening job market. This survey sheds light on a concerning reality: despite the media’s attempts to paint a rosy picture of the …
US rents have surged 1.5 times faster than household incomes in the past four years, with nationwide rents soaring by around 30% while average salaries only rose by 20%. This trend of rental cost increases outpacing wage growth is evident in all but six of the top 50 metropolitan areas, with cities like Tampa and …
Major cities like New York City and Los Angeles, along with many others, are not reporting crime data to the FBI, contributing to a nationwide trend where nearly 40% of law enforcement agencies fail to share this crucial information. This is beyond outrageous. How can we trust crime statistics when some of the largest cities …
by James Hickman Social Security’s annual trust fund report was released yesterday… and, no surprise, the report states very clearly that trust fund balances “are projected to become depleted during 2033.” Allow me to repeat that: Social Security’s most important trust fund will run out of money in nine years. This is a fact, not …
Correct. Bond vigilantes notice consumer inflation expectations rising. Fed handcuffed pic.twitter.com/xSGblzdW59 — Jim Benson (@JimDBenson) May 10, 2024 Yields setting up for an EPIC week ✍️📖 CPI AND PPI , hot 🔥 numbers would unleash carnage across the board . Below depicts readiness . Vigilance required . ⚠️ pic.twitter.com/KINLcqCAEt — The Great Martis (@great_martis) May …
Seriously? Now we need a permission slip to post memes? The Minister of Communications seems to think that regulating meme-sharing is the solution to all our problems. Maybe instead of restricting our online freedom, they should focus on real issues like healthcare or education. This is just another example of politicians trying to control every …
This article was written by Brandon Smith and originally published at Prepper All-Naturals The concept of mass starvation has not been in the forefront of American society for a very long time. Even during the Great Depression the US was majority agrarian and most people knew how to live off the land. In fact, the US …
Today Bank of Canada warned the public of a possible sharp correction in asset prices & systemic risk to the banking system 🤪pic.twitter.com/cKJPDeZ1X0 https://t.co/l7L3hjeD46 — Financelot (@FinanceLancelot) May 10, 2024 The Bank of Canada Governor called Trudeau's $61 billion spending "not helpful" for tackling inflation and reducing interest rates. Former Liberal Bank Governor David Dodge …
Recent economic surprises have not been bullish. 👇🏼 pic.twitter.com/2XR12mHstx — Kalani o Māui (@MauiBoyMacro) May 10, 2024 March consumer credit +$6.27 billion vs. +$15 billion est. & +$14.13 billion in prior month … revolving credit +$0.2 billion; nonrevolving +$6.1 billion pic.twitter.com/t8ONME4QCm — Liz Ann Sonders (@LizAnnSonders) May 7, 2024 Some here are saying the surge …
In a world where every new tech trend is hyped up to the skies, it’s hard to muster much enthusiasm for the latest buzzword: AI. But hey, let’s talk reality. So, picture this: I’m just trying to get some basic info from an AI chat system, right? And what do I get? A bunch of …
Have you noticed that pesky extra charge on your restaurant bill lately? It seems like every time you swipe your card to pay, you’re hit with a credit card surcharge. From neighborhood joints to high-end eateries, these fees are popping up everywhere. The truth is, credit card surcharges are on the rise in the restaurant …
The school board in Shenandoah County, Virginia, approved a proposal that will restore the names of Confederate military leaders to two public schools. The measure, which passed 5-1, reverses a previous decision in 2020 to change the names of schools that had been linked to Stonewall Jackson, Robert E. Lee and Turner Ashby. AC
https://twitter.com/ppv_tahoe/status/1788601716465664097 A New York City woman was sexually assaulted by a stranger who threw a belt around her neck and dragged her unconscious body behind a parked car. The revolting attack occurred on May 1 as the 45-year-old victim passed through the South Bronx. The New York Police Department confirmed to DailyMail.com that the woman …
KC Fed Labor Market Index update for April #MacroEdge Labor and cuts are next in the saga. Job market is cooked like gumbo before an LSU football game. pic.twitter.com/N1WXe75cb3 — Don Johnson (@DonMiami3) May 10, 2024 Red X marks March 2001 and December 2007 – start of the two previous NBER indicated downturns pic.twitter.com/Oc7A41pfN5 — …
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Personal and household debt at all-time highs,far fewer loan transactions, Low interest. All bad signs for banks. Not to mention their exposure to airlines, hotels, tourists, and other industries. I’ll be surprised if any can pass the stress test. They cant play fast and lose with bank members’ cash. Banking shares still down about 30% …
https://insight.factset.com/cautious-optimism-for-capital-markets-coming-out-of-1q24 https://www.uscourts.gov/statistics-reports/analysis-reports/bankruptcy-filings-statistics/bankruptcy-statistics-data In 2023, Chapter 11 bankruptcy filings skyrocketed by 72%, reaching a total of 6,569, as revealed by data from Epiq AACER. The surge, attributed to rising interest rates and inflation, pushed highly leveraged organizations to the brink. Additionally, Subchapter V elections within Chapter 11, aimed at small businesses, surged by 45% to 1,939 …