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Canadian banks are freaking out as homeowners are unable to cover the INTEREST. Some extending mortgages to 90 years! Insanity. The worst part. The banks know millions more Canadians will be hit will sky high mortgage interest rates in the …
by confoundedinterest17 Slippin’ into darkness! Bidenomics, that is! Joe Biden is not a friend of the US middle class. The St Louis Fed’s real time GDP tracker known as Nowcast has Q3 GDP at -0.07%. This happening at M2 Money growth collapses. …
US records highest credit card debt level at $1.03 trillion, 4.6% increase from Q2, with 20.63% interest rate, 47% cardholders carry monthly balances, and $7,227 average debt, with Connecticut and New York having the highest. ✅ US credit card debt …
By Graham Summers, MBA Last week, I noted that the Bureau of Labor Statistics (BLS) and other government agencies have been engaging in a strange scheme. That scheme? Releasing economic data that initially suggests the economy is booming, only for …
https://twitter.com/_/status/1698999784189665730 Storm #Daniel is causing severe flooding in central Greece. #Volos #Βόλος #Ελλάδα The situation could worsen too. The area of low pressure responsible could stall over the Mediterranean in the coming days, continuing the heavy rainfall over Greece. #medicane …
They are going to turn California Red. Whats the logic behind this bill? California is passing Bill 553, which makes it illegal to confront or fight back against looters, burglars and shoplifters. You’ll be fined $18,000 if you intervene. It …
https://twitter.com/Markbhere2/status/1698544823744278833 STATE FARM started this earlier this year. FARMERS and All State insurance started last week. CA Exodus for insurance providers. Farmers Insurance is laying off approximately 11% of its workforce in an effort to protect “long-term profitability.” The decision …
China’s shadow-banking industry threatens its financial system Shares in xinhua trust, a Chinese shadow lender, are selling for rock-bottom prices. The outfit went bankrupt in May, becoming the first Chinese trust to fall in more than two decades. Since then …
https://twitter.com/MattWallace888/status/1698843661339869694 Elon Musk threatens to sue the ADL… https://twitter.com/_/status/1698828606598734225?ref_src=twsrc%5Etfw “#TheADLFiles showing the ADL’s requests to ban and censor X (Twitter) accounts will be released next week!” https://twitter.com/_/status/1698814517940298058 https://twitter.com/_/status/1698826357466132690 https://twitter.com/_/status/1698832157135819048 https://twitter.com/_/status/1698838235152044151 https://twitter.com/_/status/1698859208660361299 Elon Musk: “Facebook caved to far left pressure groups …
by confoundedinterest17 You know Bidenomics isn’t working at all when the best I can say about it is … the current housing bubble isn’t as bad as the house price bubble of 2006. We are truly in Biden’s ShamWow economy! Yes, …
Maui Coincidences 1. The police chief was the same man in charge of the Las Vegas shooting. 2. Properties owned by millionaires and billionaires like Jeff Bezos, Oprah, and the founder of Paypal remained untouched while the land of the …
by myironlung6 Gather round for some Big Short, Margin Call level shit… The goal of this post isn’t to accuse any financial firm or Nvidia of breaking any laws because we all know our existing laws let the big dogs do …
The Global War on Thought Crime Laws to ban disinformation and misinformation are being introduced across the West, with the partial exception being the US, which has the First Amendment so the techniques to censor have had to be more …
Is our honeymoon with the electric vehicle finally over? A study found that one in five early adopters of EV cars and trucks are returning to gas-powered vehicles. As a result, used EV prices are freefalling. Why are early EV …
Since the Fed's peak (so far) holdings of MBS hit $2.74T in April 2022, they've "run off" $242B, about 8%, over 16 months. In just TWO months in 2020 they monetized $500B. At that time, Case-Shiller home prices were up …
CNBC’S LIST OF ‘WORST STATES TO LIVE IN’ PERFECTLY ILLUSTRATES THE LEFT’S POLITICAL PATHOLOGY: If you live in a red state, you probably consider yourself lucky. In most cases, doing so means you’ve got a baseline of freedom granted to …
by Michael Joe Biden just can’t quit fibbing. On Labor Day, he traveled to Philadelphia where he delivered a speech touting the success of “Bidenomics”. Who does he think he is fooling? The American people aren’t buying that nonsense. They …
Banks are tightening lending standards consistent with levels that have ALWAYS led to a recession Buckle up pic.twitter.com/OjXqe4OpZN — Bravos Research (@bravosresearch) September 4, 2023 https://twitter.com/RJRCapital/status/1698498854453227530 The current yield curve inversion is at the same level as 1928. Let that …
At the same time, homebuyers are now putting FAR LESS down than the 2008 era. The average downpayment was 14% in 2020 and now 18%, well below the 22%+ seen in 2008. All while interest rates hit 30-year highs. Follow …
Their sickness permeates damned near everything! Madness pic.twitter.com/tvklQjpU3S — James Woods (@RealJamesWoods) September 4, 2023 View post on imgur.com pic.twitter.com/rccPLizeCr — Paul Hookem (@PaulHook_em) September 4, 2023 h/t PURA SANGRE
Some NHS patients could be prescribed the Wegovy weight-loss drug after limited stock arrived in the UK. The injection will be offered by some specialist NHS weight-loss management services, as well as some private clinics. As doses become available, it …
Like houses, many people are locked-in to low auto loan rates. However, homes last much longer than cars do. As people sell cars bought over the last ~4 years, they are entering a much higher rate environment. Follow us @KobeissiLetter …
Amid China’s recession, local governments across the country have been amassing significant debt. Since last year, there have been ongoing reports of salary cuts for civil servants in various regions. Now, local government debt has gotten out of control, with …
by DesmondMilesDant The data in this graph is alarming. It shows that the US government’s interest payments on the federal debt are increasing as a share of the nation’s economy. This is unsustainable and will eventually lead to a fiscal crisis. …
Food costs 13% more under Biden than it cost under Trump. Everything is more expensive. That’s Bidenomics. pic.twitter.com/Xi01c7w3qk — Paul A. Szypula 🇺🇸 (@Bubblebathgirl) August 25, 2023 "[The public is] focused on how to pay for food. Gasoline costs. Nobody …
https://www.reuters.com/world/us/one-death-reported-burning-man-thousands-stranded-mud-rain-2023-09-03/ They’re being told to Shelter In Place And Not to Leave They Are Under Lockdown Proof: All Roads Closed AC
61% of Americans are on the same boat 🚤 🤦🏻♂️ Inflation has hit us all. Regardless of household income pic.twitter.com/MfJZF3qv1x — Oscar Herrera (@OscarEnjoylife) September 2, 2023 61% Of US Workers Live Paycheck-to-Paycheck, 21% Struggle With Bills More consumers of …
Kevin O’Leary warns chaos is about to begin for US economy: ‘Wake up and smell the roses’ “We have a crisis emerging. … I’m talking about companies with five to 500 employees, which represent over 60% of our economy,” O’Leary …
Burning Man ‘shelter in place’: Mud closes roads; thousands told to conserve water, food The Gate and airport in and out of Black Rock City remain closed. Ingress and egress are halted until further notice. No driving is permitted except …
From Peter Reagan at Birch Gold Group Corporate media headlines like Biden’s Economy Is the Best Ever or The Bidenomics Success Story leave one big question unanswered… Who is better off? (Lest we forget, “the economy” isn’t a citizen.) Are you better off than you were thirty months, two and …