Seems sustainable…

The median sales price of a home in the US is now 560% of the median household income, per Gangespost: pic.twitter.com/j1ZIpUp2GI — unusual_whales (@unusual_whales) August 8, 2023 Only 23% of homes in the US are affordable to middle-income buyers, per …

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Mega Millions $1.58 Billion Jackpot Won By One Ticket In Florida… You can choose a $1.55 billion over 29 annual payments, or a cash lump sum of approximately $752.2 million, per Reuters. Which do you choose?

https://www.megamillions.com/ https://www.megamillions.com/News/2023/Estimated-Mega-Millions%C2%AE-Jackpot-Now-at-$1-58-Bill.aspx $1.58 Billion annuity prize paid out in 30 yearly installments. That is = $783.3 million lump sum cash prize. There is someone in Florida who is very happy tonight. . . Edited to add this Mega Millions Press …

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Is America Doomed?

by Michael Is time running out for America?  Throughout human history, great civilizations have risen and fell, and many believe that the U.S. will be no exception.  At this point, we have already drifted so far from our core values …

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Yellen calls rising credit card debt the sign of a strong consumer. No, Janet, it means tapped out consumers are sinking further into debt they can’t possibly repay.

The US has $17.1 trillion in household debt, $12.0 trillion in mortgages, $1.6 trillion in auto loans, $1.6 trillion in student loans, and $1.0 trillion in credit card debt. pic.twitter.com/xU9iQN2f5f — MapleMAGA 🇨🇦🇺🇸 (@MapleMAGAw5) August 8, 2023 US Total Household …

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The Dragon’s Final Breath

by timewourp Quickly Analyzing the Impending Chinese Economic Collapse Hey y’all, gather ’round as we delve into the potential pitfalls of the colossal Chinese economy. Grab your popcorn and your puts, because we’re about to expose the red dragon’s Achilles’ …

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50% of rental properties acquired with fraudulent occupancy; exit while equity remains, avoid foreclosures.

https://twitter.com/GRomePow/status/1688978516279513088 How do you have 11 Owner-Occupied rentals?!? pic.twitter.com/CqL80zEkhI — Darth Powell (@VladTheInflator) August 7, 2023 They'll never tell you the truth. It's always going to be a "soft landing." pic.twitter.com/6qLSPMAbb4 — Minsky Moment (@BP_Rising) August 8, 2023 Mortgage rates …

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New York Fed: Total Household Debt Reaches $17.06 Trillion in Q2 2023 (increased by $2.9 trillion since the end of 2019); Credit Card Debt Exceeds $1 Trillion for the first time. The Debt Time Bomb is Ticking…

by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/interactives/householdcredit/data/pdf/HHDC_2023Q2 https://www.newyorkfed.org/microeconomics/hhdc.html Wut mean?: Credit Card Balances: A notable increase of $45 billion to a record $1.03 trillion, along with a rise in credit card account limits to $4.6 trillion. Mortgages: Balances remained steady at $12.01 trillion. Mortgage originations, including …

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SEC Charges 11 Wall Street Firms with Widespread Recordkeeping Failures and agreed to pay combined penalties of $289 million. Wedbush Securities, Houlihan Lokey, SMBC Nikko, SG Americas, Moelis, Wells Fargo, Mizuho, BMO, BNP Paribas

by Dismal-Jellyfish SEC Order – Wedbush Securities Inc SEC Order – Houlihan Lokey Capital Inc. SEC Order – SMBC Nikko Securities America Inc. SEC Order – SG Americas Securities LLC Moelis & Company LLC Wells Fargo Securities LLC, Wells Fargo …

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As Far As the Eye Can See. Never Before Seen J6 Video

https://twitter.com/_/status/1688633844751015936 FLASHBACK: Bombshell video reveals undercover police officers posing as ANTIFA RIOTERS on J6.. JAN 6TH WAS A SET-UP FROM THE BEGINNING.. https://t.co/uIcWRUXb8c — Chuck Callesto (@ChuckCallesto) August 8, 2023 DOJ threatens to arrest J6 reporter… The DOJ is potentially …

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No one is prepared: Money-market funds are offering the highest yields since 2007; NVDA can take down the entire stock market alone; Speculators are more short treasuries now than they ever have in history…

Markets are RED https://finviz.com/futures.ashx Money-market funds are offering the highest yields since **2007** The yield on 100 of the largest mm funds recently hovered at 5.13%, highest in 16 years –Crane Datahttps://t.co/5pmUpnhAae @WSJmarkets pic.twitter.com/eTNjZdcaod — Gunjan Banerji (@GunjanJS) August 8, …

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Self made crisis: “Italy surprises markets with the announcement of a 40% ‘windfall’ tax on banks”

Italy intentionally causing a banking crisis? 🤨 "Italy surprises markets with the announcement of a 40% 'windfall' tax on banks" pic.twitter.com/HGycE4y8ud — Financelot (@FinanceLancelot) August 8, 2023 ⚠️ 𝗜𝗧𝗔𝗟𝗜𝗔𝗡 𝗕𝗔𝗡𝗞𝗦 𝗚𝗘𝗧𝗧𝗜𝗡𝗚 𝗣𝗨𝗠𝗠𝗘𝗟𝗟𝗘𝗗 Full Story → https://t.co/XK4Cljl110 An index of euro …

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LOTS OF DISAPPOINTMENT COMING UP

Bulls are awfully happy today…apparently not having a very cool understanding of one of the most bearish structures in markets: the bearish running correction LOTS OF DISAPPOINTMENT COMING UP $SPX $SPY $ES_F pic.twitter.com/dFmPNp7wEy — @mcm_ct_usa (@mcm_ct_usa) August 7, 2023 The …

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The American credit card fiasco has come to an end… revolving credit fell -$600M , the first decline in 2yrs… Shrinking number of Americans can afford a $400 emergency expense …

The American credit card fiasco has come to an end… 🫡 pic.twitter.com/CPOuXQPdXL — Don Johnson (@DonMiami3) August 7, 2023 The decline in revolving credit outstanding suggests Americans may be starting to cut back on credit card usage – BBG notes …

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