White House Official Youtube Channel Editing Biden LIVE!

Here’s The White House youtube channel’s version of today’s remarks, broadcast live: https://www.youtube.com/watch?v=exA4VqXO6Vg?si=S9KT7-NQ-RmI0koV&t=760 Notice the video skips at around 12:58 And here’s what all the other channels showed. Starting at 4:58: The deleted comment: “And all that data and all the polling stuff shows they think they’re more positive about the economy than they’ve been. …

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So, a taste of home for illegals?

Murders, cartels, squalor: Inside ‘colony’ near Houston accused of being ‘haven for illegal aliens’. PLUM GROVE, Texas — In the piney woods and wetlands 35 miles north of Houston, one of the biggest housing developments in the country has become one of the most controversial. Colony Ridge, a sprawl of homes, trailers and even tents, …

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They’re jumping the ship… Dallas mayor abandons Democrat Party: ‘We need more Republican mayors’

We knew Brandon’s policy’s would cause the power hungry to distance themselves. Dallas Mayor Eric Johnson talks to exclusively to ‘FOX & Friends’ co-host Lawrence Jones about why he is ditching the Democrat Party how cities across American can benefit from Republican leadership. Watch the latest video at foxnews.com https://www.foxnews.com/video/6338512812112 The list gets LONGER! List …

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The Biden administration is restarting DIRECT DEPORTATIONS of migrants to Venezuela amid RECORD numbers of illegal crossings in recent weeks

🚨 JUST IN: The Biden administration is restarting DIRECT DEPORTATIONS of migrants to Venezuela amid RECORD numbers of illegal crossings in recent weeks, four US officials told CBS News Since Biden took office, he has refused to deport illegals back to Venezuela, but the massive… pic.twitter.com/XjmGErJhyb — Nick Sortor (@nicksortor) October 5, 2023 via: MSN …

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Global economy’s ‘soft landing’ stumbles amid soaring bond yields, raising concerns of massive corporate failures in 2024. A hard landing scenario is in the cards.

Global economy’s glide to ‘soft landing’ gets bumpy as bond yields jump WASHINGTON, Oct 6 (Reuters) – Rocketing U.S. government bond yields that have led to a global jump in borrowing costs are raising new risks for economic policymakers hoping to lower inflation without triggering a major crisis. The world’s finance officials, who will gather …

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Joseph Brown: The rapid depletion of the Reverse Repo facility, with $1 trillion drained in just 6 months, signals a concerning trend amid government borrowing acceleration, ultimately leading to significantly higher interest rates.

from Joseph Brown: The Reverse Repo facility has seen $1 trillion drain out in just the last 6 months What happens when it runs out? Its important to remember what this account is for, and where this money came from in the first place 🧵👇🏼 When all the money printing started in 2020, this account …

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Is this a joke? Clearly, they don’t want people buying homes.

The Federal Reserve’s failure to acknowledge the inflationary impact of soaring home prices and its interest rate policies have created a housing market crisis with significant affordability challenges for many Americans. Is this a joke? pic.twitter.com/f3it1Xv6Hg — Cernovich (@Cernovich) October 5, 2023 Clearly, they don't want people buying homes. — Dr Vincent Sativa (@PhantomByteAI) October …

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Consumer spending freezes…

Game over pic.twitter.com/2LvKu0YXdN — zerohedge (@zerohedge) October 4, 2023 The median income last year was $74,580 compared with $76,330 in 2021, according to the Census Bureau. The 2.3% drop in incomes was the most since 2010. It was the third-straight annual decline. — unusual_whales (@unusual_whales) October 5, 2023 US Consumers Are Headed Down ‘A Death …

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Jeffrey P. Snider: The Collateral Markets Are Starting to Freeze

via Jeffrey P. Snider Euro$ Collateral System is flashing red alarms, and it’s time to pay attention. Japanese govt bills are the epicenter, but this issue runs deeper. Brace yourself, because the global collateral system, which is vital for the financial world, is sputtering. Collateral isn’t just about USTs;; it’s about a complex web of …

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So much for cutting back on spending, US National Debt has now increased by over $2 trillion in just 4 months.

The US National Debt has now increased by over $2 trillion since the debt ceiling was suspended just 4 months ago. pic.twitter.com/lWiHaYW7Ht — Charlie Bilello (@charliebilello) October 5, 2023 2 days ago, the US added $275 billion in 1 day due to social security payments at the end of the fiscal year. Since the debt …

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The situation is becoming rather worrisome: The slump in 10-year and 30-year bonds is approaching the epic drops we saw in stocks during the 2008 financial crisis and the dot-com bubble bust. Accelerating Junk Bond default is coming.

The Bear Market never ended. The end of this bear market rally is rapidly approaching……. https://t.co/kf0JCvL7XA — Win Smart, CFA (@WinfieldSmart) October 5, 2023 G, we already there… Long-duration US TSY bonds have now lost more in % terms than stocks did during the GFC in 2008-2009 The drawdown in Vanguard Ext Duration Treasury ETF …

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Germany grapples with severe economic turmoil

German Real Estate companies hit highest number of insolvencies in 7 years pic.twitter.com/X3lY2JaMTm — Barchart (@Barchart) October 5, 2023 https://twitter.com/theGangesPost/status/1709820529035911621 Good Morning from #Germany, where the construction sector is really crashing. The German PMI Construction Index fell to 39.3 in Sep from 41.5 in Aug, and the lowest level since statistics began. pic.twitter.com/TBvdTPKJpM — Holger …

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We just experienced the 1st wave of FX chaos unleashed by Japan… Was it a “trial run” coordinated with the US?… Eventually, if the crisis is large enough, it goes global. The Dollar Index (DXY) is in the middle of a massive rally. Smart money flow index has just hit a new low.

Was Douglas Durst's strange post on his US Debt Clock website a warning of what is to come? The post appeared the night before markets began panicking about Japan on October 2nd, 2023. pic.twitter.com/D4PMG0IdMc — Financelot (@FinanceLancelot) October 5, 2023 The stock market fear and greed index is in extreme fear: pic.twitter.com/phA81ALBhu — unusual_whales (@unusual_whales) …

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Politico: Ukraine Freaking Out About Aid Being Cut Off, Jordan Promises “Not Another Dime” For Ukraine If Elected Speaker!

The “Secret Deal” to fund Ukraine without telling the taxpayers about it during an election year has fallen apart, and probably won’t be reserected. A LOT of people are freaking out about this, not just in Ukraine. The DC Machine runs now on Government Graft handouts, and they all have Chesapeake Waterfront manisions to pay …

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We Have Reached The Terminal Phase Of The Greatest Debt Spiral In The History Of The Human Race

by Michael If you are going to go out, you might as well do it with a bang.  At the beginning of June, our national debt was sitting at $31,467,639,287,894.39.  Today, it has risen to $33,442,148,619,617.43.  That means that we have added almost two trillion dollars to the national debt in just three months.  It is the largest …

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Support For A New Third Party Gains Ground

by Michael The 2024 election cycle is likely to be the most chaotic election cycle that we have ever seen.  So will this create an opportunity for a new third party to try to pull off a historic upset?  Unless something really dramatic happens, Joe Biden will be the Democratic nominee and Donald Trump will …

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Slowdown! ADP Jobs Added Slows To +89k As Credit Card Delinquencies At Small Banks Hit Highest Level Even Recorded (7.51%)

by confoundedinterest17 The US is experencing a slow down. The massive Federal government and Federal Reserve Covid stimulus has worn out and we are left with a sagging jobs report and soaring credit card delinquencies. After ADP’s reports printed almost perfectly in line with BLS last month (+177k vs +187k), all eyes are on today’s print, …

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Consumers’ struggle in high-debt, high-interest environment raises risk of imminent sharp economic downturn

One second-order impact of the current affordability crisis? More auto loan fraud — as people need transportation but can't get approved for financing. Just recorded a mega episode on this growing $8.1B issue:https://t.co/GJ17UURkWO — Car Dealership Guy (@GuyDealership) October 4, 2023 Millennial are feeling the pain of higher rates more than baby boomers, per BI: …

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This is not 2008 or 2000 or even 1987 proclaimed by fintwit or 1929 by Tiktok. This is more like the beginning of Latin America debt crisis.

by DesmondMilesDant Caption: Zerohedge : https://twitter.com/zerohedge/status/… Caption: Full study by FDIC. https://www.fdic.gov/bank/historical/…   The LDC debt crisis was a major event that occurred in the early 1980s. It began when Mexico’s minister of finance informed the Federal Reserve chairman, the secretary of the treasury, and the International Monetary Fund (IMF) managing director that Mexico would …

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If the Fed loses control of the debt market, it’s Game Over for its asset bubbles & markets. 2008 will be a walk in the park.

Ummm. Houston we have a problem. 4.85% on the 10 year. Damn things are getting out of control Stock futures starting to dive. pic.twitter.com/5nUb1QoGLA — QE Infinity (@StealthQE4) October 4, 2023 The real fun starts when investors refuse to buy U.S. debt that’s going to be inflated away by the Fed. Last year, the main …

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Peter Schiff: The U.S. National Debt has risen by $444 billion in two weeks, potentially leading to a sovereign debt and U.S dollar crisis.

https://t.co/3i8lURYf73 — Win Smart, CFA (@WinfieldSmart) October 4, 2023 What is going on with the US debt? There is currently no debt ceiling because former Speaker McCarthy suspended the limit until 2025 (foolishly). So Biden can borrow an unlimited amount of money. It went up $275 billion in ONE DAY. $442 billion in just two …

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Another warning sign flashing: Something big is coming… There is literally NO upside to equities

Something big is coming … The Mentions of a "Soft Landing" have Surged to Their Highest Levels. Historically, that has preceded recessions. 🤨 pic.twitter.com/Co1C5yDJOF — Wall Street Mav (@WallStreetMav) October 3, 2023 Rickards: Something “Big and Stupid” Is Coming… With debt levels reaching all-time highs in major developed and developing economies, and with debt-to-GDP ratios …

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This doesn’t look good at all…

U.S. IBD/TIPP Economic Optimism Index They track views of near-term prospects for the U.S. economy and personal finances, along with support for economic policies pic.twitter.com/UyvFihUwgb — Win Smart, CFA (@WinfieldSmart) October 4, 2023 Corporate bonds will be better investments than stocks for the foreseeable future, Howard Marks has said. — unusual_whales (@unusual_whales) October 4, 2023 …

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