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Farmer wakes up and finds entire business consisting of 2 acres of crops destroyed. Feeds at least 100 people a week and has potentially lost a revenue of $80,000-100,000 of income following working 16-20hr days. He is not happy. https://twitter.com/Agent131711/status/1674431527378370566?ref_src=twsrc%5Etfw ‘This is the most detrimental time of the season for this to happen’: Farmer says …
by confoundedinterest17 The film “The Core” was a silly film, but core inflation in the US is a serious problem for the middle class and low-wage workers. It remains elevated despite Treasury Secretary Janet “The Marxist Gnome” Yellen saying it was “transitory.” Looks pretty permanent to me! The Federal Reserve’s preferred measures of US inflation …
If SCOTUS was serious about their ludicrous “colorblindness” claims, they would have abolished legacy admissions, aka affirmative action for the privileged. 70% of Harvard’s legacy applicants are white. SCOTUS didn’t touch that – which would have impacted them and their patrons. — Alexandria Ocasio-Cortez (@AOC) June 29, 2023 “AOC just said since “70% of Harvard’s …
We know that an all-out U.S.-Russia nuclear war would be bad. But how bad, exactly? How do your chances of surviving the explosions, radiation, and nuclear winter depend on where you live? The past year’s unprecedented nuclear saber-rattling and last weekend’s chaos in Russia has made this question timely. To help answer it, I’ve worked …
Tight monetary policy has significantly deteriorated the housing market % of houses featuring price cuts reached record levels in 2022 Even though the % has reduced since, it's still historically very elevated pic.twitter.com/lnrApBVay0 — Bravos Research (@bravosresearch) June 29, 2023 Stronger than expected GDP. Rate hike odds now 90%, market's about to explode. pic.twitter.com/9FEzipo4SI — …
Loan-to-deposit ratio has seen the sharpest rise since the 1990s This is the result of consumer borrowing increasing at an unprecedented pace pic.twitter.com/gKl61K9iQN — Bravos Research (@bravosresearch) June 29, 2023 “We’re in an inflationary debt bubble, meaning that consumers are using credit to chase inflation. Based on the assumption that interest rates are coming down …
by laflammaster Selling off their MBS at triple the rate and the house value dropping for the first time since 2011. This could be the start of the sell off.
Source: wolf street shit. the risk premium keeps widening up. mean revision will eventually occur — VISK (@KevinDu923534) June 29, 2023 h/t BoatSurfer600
by BoatSurfer600 via mediaite Former UKIP leader Nigel Farage may leave the United Kingdom after claiming his bank accounts were closed over his role in Brexit. In a six-minute video posted on his Twitter account, Farage claimed he was the victim of “serious political persecution” after his banking group of 43 years told him two months ago …
Big brother is watching you, if not you then your “smart” device. The FBI’s Next Generation Identification (NGI) Iris Service, combining Iris ID technology, has amassed 2.5 million identities and is growing rapidly, raising concerns about privacy and misuse of biometric data. The FBI’s Biometrics Database Hits Over 2.5 Million Iris ID Records “Growing fast. …
“Unbelievable! Putin reveals signed peace treaty that Zelensky reneged on after Russia started to withdraw. How many hundreds of billions and hundreds of thousands of lives have been lost needlessly? #Canada and #USA need to immediately uphold the Treaty and end the conflict” Unbelievable! Putin reveals signed peace treaty that Zelensky reneged on after Russia …
His answer. Race Card! “I’m the mayor of this city and treat me with the respect that would deserve to be treated. I’m speaking to you as an adult. Don’t stand in front like you treated someone that’s on the plantation that you own.” NYC Mayor Eric Adams puts a white woman in her place …
by EuphoricTrilby https://twitter.com/capitolpolice/status/1674467426929455122?s=46&t=T37mFTn9E_HUaxN1rB76Hw Pointing out someone’s skin color when you call the police is racist according to modern Democrats. But yet selecting people based on race is not racist according to Democrats. Biden: U.S. Supreme Court “is not a normal court.”!! NOW – Biden: U.S. Supreme Court "is not a normal court." pic.twitter.com/KP2Ukb5DHj — Disclose.tv …
by Simian_Stacker https://www.cnbc.com/bonds/ Big moves in the debt market. US 3M T-BILL YIELD new high wen 50bps pic.twitter.com/mCbZMOxnf0 — Alessio (@AlessioTMAD) June 29, 2023 1-Year Treasury Bills now have a yield of 5.32%, the highest level since December 2000 pic.twitter.com/jKj27cpliq — Barchart (@Barchart) June 29, 2023 The decline in headline CPI is primarily driven by …
If the chips were being used for production we would have seen a rise in memory demand. Instead these orders are being shelved in warehouses overseas in case the U.S. escalates trade tensions. — Financelot (@FinanceLancelot) June 29, 2023 Nvidia's largest 6 month gain in 20 years. pic.twitter.com/cVxTc9LyuQ — Mac10 (@SuburbanDrone) June 29, 2023 It's …
Having the government control or restrict your purchases is a living hell. via sociable.co: Governments can program Central Bank Digital Currencies (CBDCs) with expiry dates and to restrict “undesirable” purchases, according to a discussion at the World Economic Forum (WEF) “Summer Davos” meeting in China. Today at the WEF’s 14th Annual Meeting of the New Champions, aka “Summer …
by Michael When Yevgeny Prigozhin launched his short-lived rebellion, many in the western media were describing it as a “coup”. But the truth is that Prigozhin did not intend to try to overthrow Vladimir Putin. He just wanted his seat at the table back. Being in Vladimir Putin’s good graces had turned Prigozhin into an …
How is the 2023 housing market DIFFERENT from 2008? There’s a new player: PRIVATE EQUITY In the wake of the 08 crisis, private equity started buying up foreclosed residential homes in bulk What does this mean for the housing market? 1/3 — Amy Nixon (@texasrunnerDFW) June 28, 2023 We’re in uncharted territory with US housing …
https://twitter.com/_/status/1674214532514820099 “Someone was shot with live ammunition in the leg by the police in the Pablo Picasso housing estate in Nanterre. Some initially thought he was dead but he is being treated in hospital.” https://twitter.com/_/status/1674226357033660419 “French protestors shoot mortars at the police in Paris.” https://twitter.com/_/status/1674220838076178433 https://twitter.com/_/status/1674218956389793794 https://twitter.com/_/status/1674218454876839938 https://twitter.com/_/status/1674216227042910208 https://twitter.com/_/status/1674215091212828673 https://twitter.com/_/status/1674214275190013958 In France ,mass riots and …
“We’re now at an average 62% chance of a recession by May 2024” The probability of a recession has skyrocketed to levels last seen in the 1980s We’re now at an average 62% chance of a recession by May 2024 pic.twitter.com/gDXIzvtP56 — Bravos Research (@bravosresearch) June 28, 2023 ‘Greatest Economic Reset In Our Lifetime’ Is …
Chinese government trying to step in to prop up currency and hide economic problems. News report below is from Indian news outlet Firstpost, highly substantive and reliable on Asian economic issues. China trying to muzzle and suppress its own economic experts and analysts, to prevent the real truth from being known! China’s debt woes getting …
“It’s indisputable that an armed civilian stopped an active shooter last week. You almost certainly haven’t heard about it. Why? Because Las Vegas Police have gone out of their way to downplay it, while the media have shown basically zero interest.” It's indisputable that an armed civilian stopped an active shooter last week. You almost …
Printing up endless bailouts to keep kicking the can down the road – seems like a sustainable long-term economic model Is there anything left unbailed? Energy bills, mortgages, pensions, food stamps, universities, utilities,… What is this system that runs on continuous bailouts? https://t.co/vpWI8ysGHX — KKGB (@INArteCarloDoss) June 26, 2023 What is #Bidenomics? In a word, …
“There were certain investigative steps we weren’t allowed to take that could have led us to President Biden.” — IRS whistleblower Gary Shapley “There were certain investigative steps we weren't allowed to take that could have led us to President Biden.” — IRS whistleblower Gary Shapley pic.twitter.com/qffkvx2q3N — RNC Research (@RNCResearch) June 28, 2023
“@YouTube just pulled another of my videos, with former NY Post political reporter @al_guart . People made a big deal about Russia supposedly manipulating internet information to influence a Presidential election. Shouldn’t we be worried when giant tech corporations do the same?” “When industry and government are so closely linked, there is little difference …
The Airbnb collapse is real. Revenues are down nearly 50% in cities like Phoenix and Austin. Watch out for a wave of forced selling from Airbnb owners later this year in the areas hit hardest by the revenue collapse. 1) What's scary for the US Housing Market is just how many Airbnbs there are. Data …
We’re being told that inflation numbers are going down, but when it comes to food inflation, that’s a whole different story. More than half of US food retailers are still raising prices this year, a nine percentage point jump from last year, according to BDO’s 2023 Retail CFO Outlook Survey. With major food makers, including …
“The German Yield Curve is the mot inverted its been in over 31 years. This may signal an impending recession. Also the German economy: -6.1% Inflation -Contraction in PMI from May to June -GDP forecasted to fall in Q2” Source: https://t.co/kognkNxLL6 — Genevieve Roch-Decter, CFA (@GRDecter) June 27, 2023 “WSJ: Germany has become a drag …
Who are these people you ask? well the governors, supreme court judges and the rest were uncovered in the Investigation. Lindsey Graham is there. go to Weuters /investigates/special-report/usa-slavery-lawmakers/ dot com but replace the W for a R. America’s Family Secret intersting read. More than 100 U.S. leaders REUTERS INVESTIGATION REVEALS: Every living President (even Obama) is a descendent …
“The last three recessions occurred when this proxy measure was at or near its lowest levels. The current reading is at or below any spread since at least 1998. Couple poor profit potential with fleeing deposits, and the banks’ ability or profit motivation to lend is minimal.” The last three recessions occurred when this proxy …