Income to Buy a Home Is Just Simply Unaffordable, Credit Card Delinquencies Highest Since 1991

by confoundedinterest17 Bidenomics is a windfall for the donor class (high rate of return on campaign contributions) while the middle class gets beaten to a pulp. Waiting for Biden to lean over and creepily whisper “It’s working!” Even though it is clearly not working, at least for the middle class. Evidence that Bidenomics is not …

READ MORE

Banks are currently undergoing a collapse reminiscent of the 2008 financial crisis.

The chart of the month. pic.twitter.com/CqoTsgzPKl — Mac10 (@SuburbanDrone) October 31, 2023 Bank Stocks have fallen to their lowest prices in more than 3 years, even surpassing the lows of the Silicon Valley Bank collapse in March pic.twitter.com/OfHUBm6c92 — Barchart (@Barchart) October 29, 2023   Is Powell done hiking? The 10 yield says no, but …

READ MORE

Guns Of August? Home Prices Rise Again In August, +2.57% YoY (Illegal Immingrant Destinations Like Chicago, New York And Detroit Are Up The Most)

by confoundedinterest17 Bidenomics is best represented by the novel “The Guns of August” since American’s middle class is getting blasted by Biden’s economic policies and The Fed’s rate rate hikes. Find out where Texas Governor Abbot is bussing illegal immigrants and buy in the market!! Home prices rose for the 5th straight month in August …

READ MORE

Denver District Judge In Trump Trial Donated To Stop Trump And Refuses To Recuse. Trump Trial Is Rigged

Newly appointed Denver District Judge Sarah Wallace, a Democrat donor, is embroiled in controversy as she refused to recuse herself from the Trump January 6th case after donating to an anti-Trump January 6th PAC. 🚨 New Denver District Judge Sarah Wallace, a Democrat Donor, Commits Reversible Error By Refusing to Recuse from Trump January 6th …

READ MORE

Yemen Joins the Fight

Spokesman for Yemeni Armed Forces Brigadier General Yahya Saree announced that an important statement is to be issued soon. This is while there have been reports of firing rockets and dispatching drones from Yemen to Occupied Territories to support the Palestinian resistance. — IRNA News Agency ☫ (@IrnaEnglish) October 31, 2023 The Saudi Arabian Armed …

READ MORE

Digital ID Canada explained

In Canada it is digital ID… Or else.pic.twitter.com/ljU0AUDne7 — Darren of Plymouth (@DarrenPlymouth) October 31, 2023 View post on imgur.com https://www.youtube.com/watch?v=SjxJ1wPnkk4 h/t Little Lost

Allegations Surface of Joe Biden’s Role in Disrupting Peace Deal, Resulting in Tragic Loss of Lives in Ukraine and Russia

Robert Kennedy Jr… In March of 2022 the Russians signed a peace deal and Zelinski initialed it. The Russians then started withdrawing their troops. Joe Biden then sent Boris Johnson to Kiev to blow up the agreement… since then 135,000 Ukrainian kids have died and 50,000… pic.twitter.com/0wAw5CIgFz — Pelham (@Resist_05) October 31, 2023 JUST IN …

READ MORE

Bank of Japan Removes Explicit Safety Net, Signaling a New Era. Japan 10-Year Swap Tops 1%. BOJ’s UEDABOJ’s UEDA In Shambles

The Japan 10y swap goes beyond the 1% ceiling, BOJ's UEDA in shambles pic.twitter.com/MDrgOWzNgg — Alessio (@AlessioTMAD) October 31, 2023 The BOJ's strategy seems to be as obscure as possible as it tiptoes away from yield curve control. What does this even mean? “We decided that it’s appropriate to increase flexibility so that long-term yields …

READ MORE

Yellen’s Move to Issue 2-Year Treasuries May Signal Imminent Forced Liquidation

The decision to issue 2-year treasuries instead of 30-year bonds may not have been a mistake; it could be indicative of a forthcoming forced liquidation in the financial markets. Most of the global financial system and global banking system is insolvent already with losses on US Treasury bonds. The PPT & ESF are trying to …

READ MORE

Americans Face Grim Outlook Under Democrats: Rising Inflation, Looming Recession, Soaring Job Losses; Trump Tax Cuts Expire 12/31/2025

The only thing Biden & Co. can do is come up with catch-phrases. – Americans SUFFER with #inflation and a coming #recession. – HUGE layoffs around the corner as job loss numbers increase.-Staggering figures reveal 1.2 MILLION US-born workers lost their jobs last month. They… pic.twitter.com/lDTw7Ejkiz — Kurt Schemers (@KurtSchemers) October 26, 2023   We …

READ MORE

Rising Inflation: KFC and McDonald’s Prices Soar in Seattle and Connecticut

KFC Seattle Wa 8pc $32 12pc $46 16pc $60 – 8 piece Tenders $32.00! KFC Seattle Wa8pc 12pc 16pc$32 $46 $60 https://t.co/SEJrww8i97 pic.twitter.com/XDpyxyyleB — Dagnum P.I. (@Dagnum_PI) October 30, 2023 Big Mac Combo meal $17.59, Medium Coke $3.99 Connecticut This was at a rest stop, but these McDonald's prices are nuts right??? pic.twitter.com/0qq8Ima3ZA — Sam …

READ MORE

Over 60% of Canadian mortgages will be renewed within the next three years, with monthly mortgage payments set to increase by 50%.

The Royal Bank of Canada raises concerns about Canadian homeowners facing potential payment shocks, especially as 60% of Canadian mortgages are set to renew within the next three years. The Royal Bank of Canada is warning that Canadian homeowners could experience a payment shock unless interest rates significantly decrease. 60% of Canadian mortgages will renew …

READ MORE

China Confronts Looming Debt Crisis Amid Structural Challenges

China is addressing its debt problems, particularly at the local government level, where reliance on non-productive investments in property and unsustainable fiscal practices have led to financial challenges. 1/7According to a source cited by SCMP, the national financial work conference set to start today will primarily focus on resolving the country's "debt problems". The source …

READ MORE

Record High Searches for ‘Give Car Back’ Reflect Financial Stress

The surge in online searches for “give car back” reaching an all-time high, and the concurrent trend of “can’t pay credit card,” signals financial distress among individuals. For everyone DMing me: No, you can’t “give back” a car 🙃 That’s a repossession. — Car Dealership Guy (@GuyDealership) October 30, 2023 Personal savings rate trends are …

READ MORE

Over 40% of Americans foresee a bleaker economic future, surpassing the post-Great Financial Crisis period.

The direction of asset prices, such as stocks or commodities, tends to be influenced by prevailing sentiment or emotions among investors. #recession … #GFC2 US edition Still calling it a "vibecession"? 🤔Price follows #sentiment 📉 and the similarities to 2008 keep piling up! https://t.co/lt7f2EruAT pic.twitter.com/ywYKv6cSAf — Invariant Perspective (@InvariantPersp1) October 30, 2023 Dallas Fed = …

READ MORE

We are at the top: “Now is an attractive entry point for long-term investors, says JPMorgan strategist.”

by MrBuffaLou JPM trying to make some bag holders materialize. https://www.marketwatch.com/story/the-markets-in-a-funk-why-now-is-an-attractive-entry-point-for-long-term-investors-says-jpmorgan-strategist-67dd989a?mod=home-page Someone has to buy Jamie’s shares! https://twitter.com/joosteninvestor/status/1717270633095004487 #recession … #GFC2 US #Banks edition#Banking $BKX $XLF $KRE 📉 👀 https://t.co/rjNti9bQ6L pic.twitter.com/lu6acbDVfC — Invariant Perspective (@InvariantPersp1) October 29, 2023  

Growing Concerns Over Escalating Middle East Conflict as US Issues Travel Alert and Experts Warn of Broader Consequences and Possible World War

The situation in the Middle East is becoming increasingly complex and sensitive. There are concerns about the escalating conflict in the region, and some experts, like Colonel McGregor, warn of potential consequences if the situation continues to escalate. State Department spokesperson Matt Miller said that “we take a number of factors into consideration when making …

READ MORE

Last One on the List to Take Out – Iran. NATO’s Plan Revealed

All countries mentioned were destabilized, destroyed or plunged into chaos. The last one on the list is… Iran. Deuteronomy 7:1-2, 24: “Yahweh told Israel that he has identified “SEVEN NATIONS GREATER AND STRONGER THAN YOURSELF”, that “you must put under curse of destruction,” and not “show them any pity.” As for their kings, “you will …

READ MORE

BREAKING: Nuke-Sniffer Plane Patrolling the Mediterranean. Ballistic Missile Intercepted over the Red Sea

Looks like a nuke attack may be possible. KC-135R Constant Phoenix squawking JAKE21 The WC-135 Constant Phoenix is a special-purpose aircraft derived from the Boeing C-135 Stratolifter and used by the United States Air Force. Its mission is to collect samples from the atmosphere for the purpose of detecting and identifying nuclear explosions. https://en.wikipedia.org/wiki/Boeing_WC-135_Constant_Phoenix 🇺🇸Boeing …

READ MORE

General Mike Flynn Claims Some Legislators Compromised by Globalist Actors, Links DC Politicians to Epstein’s Client List

Former DIA Director General Mike Flynn has made a shocking assertion, suggesting that certain legislators have been compromised by globalist actors during their overseas trips, including allegations of inappropriate conduct. https://twitter.com/WarClandestine/status/1718727834632352003 🚨 IT’S TIME TO EXPOSE THE UNSPEAKABLE ACTS BILL CLINTON COMMITTED ON EPSTEIN ISLAND 🚨 “I remember asking Jeffrey what’s Bill Clinton doing here …

READ MORE

German Police Union Warns of Daunting Deportation Challenge and “Life-Threatening” Unrest Amidst Unprecedented Strain on Law Enforcement

The German police union expresses concerns over the lengthy deportation process for around 50,000 individuals eligible for deportation. MORE – German police union warns about "life-threatening" unrest in the country: "The police are being challenged like never before in post-war history." pic.twitter.com/VRbdo1JLEk — Disclose.tv (@disclosetv) October 30, 2023 Well well well pic.twitter.com/UKbvTiJZkS — The_Real_Fly (@The_Real_Fly) …

READ MORE

Economic Warning: Yield Curve Steepens Rapidly, Americans Spend at Fastest Rate in Two Years, Russell 2000 Hits 2020 Lows

The rapid steepening of the yield curve from inverted levels suggests an impending economic downturn. Caution: Yield curve has begun steepening rapidly from inverted levels This brings the economy closer to an economic downturn Buckle up pic.twitter.com/JfBgBxOZgq — Bravos Research (@bravosresearch) October 29, 2023 BREAKING: Americans spent money at the fastest rate in nearly two …

READ MORE

Median US Home Prices would have to drop over 50% to match the average US rent

by Mysterious_Comb9550 Using the current average US rent price of $1,372, to match a mortgage payment with a 20% down payment, the home value would have to be around $200,000. Considering that the median home price is currently $410,000, this means that median home would have to drop over 50% to match the average rent. Source:https://t.co/0Jc89FHlmi — …

READ MORE

Greg Crennan: ‘The need for cash as inflation continues to soar will have people fire selling their assets’

Housing experts predicted housing supply wouldn’t rise due to low mortgage rates, but people will sell homes to combat inflation. The need for cash as inflation continues to soar will have people fire selling their assets as @Redfin states below with people and their houses but the problem is demand for housing continues to collapse …

READ MORE

Central Banks in Crisis: Fed, Sweden’s Central Bank, and Bank of England Seek Taxpayer Bailouts

Sweden’s central bank is in dire need of a taxpayer bailout, joining the Bank of England, which received $35 billion in assistance the previous year. This trend is indicative of central bankers turning to already financially burdened taxpayers for support. The figures are even more staggering for the Fed, with a deficit exceeding a trillion …

READ MORE