We are borrowing 6% of GDP to grow 1%. Hyper moronic.

What recession bulls say. The deficit is worse than 6 out of 8 recessions since 1960. Borrowing 6% of GDP to grow 1%. Hyper moronic. pic.twitter.com/AtYikK5CX4 — Mac10 (@SuburbanDrone) June 6, 2023 US National Debt Spikes by $359 billion on 1st Day after Debt Ceiling Suspended. TGA Begins to Get Refilled, Draining Liquidity from Market …

READ MORE

The last time the smart money was this short; the world’s largest stock market fell by more than 50%. Yes, folks, the net short position on S&P 500 E-mini futures is now at its highest since 2007

by BoatSurfer600 Source: sagar Singh LinkedIn A new world record! Bulls, your faith in policy-makers is totally unwarranted. Short-covering in Regional banks has marked every turn in the market since the all time high. pic.twitter.com/HL7efgTOgN — Mac10 (@SuburbanDrone) June 7, 2023 Lowest VIX since pre-pandemic. Because what could go wrong. pic.twitter.com/163eH0nZrS — Mac10 (@SuburbanDrone) June …

READ MORE

Canada Wildfires Causing “very unhealthy” air quality all over the NE. New York City has the worst air quality in the world.

Canadian wildfires continue to spread, setting off health alerts in New York and Ottawa. Current air quality levels in NY are 10 times higher than the WHO guidelines. Take a look at NY's sunrise today:pic.twitter.com/QC0rJv6tVq — Steve Hanke (@steve_hanke) June 7, 2023 New York City has the worst air quality of any major city in …

READ MORE

Massive Brawls Break Out in Glendale, CA Over Pervert “Pride” School Brainwashing [WATCH UNTIL END]

A physical brawl breaks out between anti-LGBTQ protestors and LGBTQ supporters outside the Glendale unified school board meeting in Los Angeles Extremely tense scenes outside the Glendale (CA) school board meeting as Armenian-Americans clash with #Antifa. Many families are angry the elementary schools are celebrating pride events. Police have declared an unlawful assembly. https://t.co/hM4IXOLFjj — …

READ MORE

Record call buying in IWM and NDX suggests small cap mania.

There was just a record amount of call buying in $IWM This happened just after the record call buying in $NDX, which sent tech flying Is a small cap mania about to begin now? Chart: Goldman Sachs pic.twitter.com/Oewg94xodE — Markets & Mayhem (@Mayhem4Markets) June 7, 2023 Very bearish out there ?!? 🤮🤮🤮https://t.co/mfczVSsvkl pic.twitter.com/skl1pJpmo5 — Michael …

READ MORE

Both Tucker and Matt Walsch reporting on US possessing alien crafts

Tucker Carlson: UFOs are real and so is extraterrestrial life. Now we know. pic.twitter.com/HZpt3ygHYM — Kab (@Kabamur_Taygeta) June 6, 2023 Intelligence officials say the U.S. has retrieved craft of non-human origin. We are not alone in the universe but somehow I still feel alone as a UFO enthusiast. pic.twitter.com/DvhndTtkd8 — The Matt Walsh Show (@MattWalshShow) …

READ MORE

Mass Shooting in Richmond Virginia at Graduation Ceremony

Multiple people were shot after Huguenot High School's graduation ceremony in Richmond, Virginia, Crime Insider sources told Jon Burkett. Burkett was told there were at least four shooting victims. https://t.co/KujgeWNgSu — WTVR CBS 6 Richmond (@CBS6) June 6, 2023 Multiple people were shot after Huguenot High School’s graduation ceremony in Richmond, Virginia, Crime Insider sources …

READ MORE

RFK, Jr. Explains the Sleazy Tactic the CIA Uses to Get Away With Illegal and Unconstitutional Spying on Americans [VIDEO]

When Did Policing Americans’ Thoughts Become Part of Homeland Security? Now, DHS clearly thinks it is in the business of controlling domestic opinions . Mike Howell, director of the Heritage Foundation’s Oversight Project, calls the DHS grant program an example of “weaponized government” in service of the Biden administration’s “need to build a narrative that there are white supremacists …

READ MORE

Central banks have been net buyers of gold since 2009. This momentum has accelerated significantly again in the past year. In 2022, central banks increased their purchases by 152%, to over 1,136 tons

by BoatSurfer600 https://kingworldnews.com/tick-tock-gold-price-will-be-unleashed-to-a-new-all-time-high/ The gold price already seems to anticipate that the restrictive US monetary policy will turn out to be a bluff. Even if the gold price in US dollars has not yet marked a new all-time high, the all-time highs in various other currencies are a harbinger of the breakout in US dollars …

READ MORE

Turkey’s sale of 81 tons of gold in April caused global central bank reserves to fall for the first time in over a year, while Poland made the biggest purchase, adding 15 tons of gold to its holdings.

via SCHIFFGOLD: A large sale by Turkey in April caused global central bank reserves to fall for the first time in over a year, even as central bank gold buying continued. Official global reserves dropped by 71 tons in April, according to the latest data collected by the World Gold Council. While the overall drop …

READ MORE

Walk Away Conrad! Fitch Downgrades REIT Sector To ‘Deteriorating’ As REITs Underperform S&P 500 Index (SF Hilton/Park 55 Hotels Owner Walk Away From Payments)

by confoundedinterest17 Like the song “Walk away Renee,” the owners for the San Francisco Union Square Hilton and Park 55 Hotels are walking away from their sizeable loan payments. San Francisco is definitely feeling the blues. But it isn’t just San Francisco. Phil Hall reports that Fitch Ratings reduced its 2023 outlook for the U.S. real estate investment trust …

READ MORE

Banks are cutting losses on real estate loans due to higher interest rates, leading to a potential financial crisis. Vacancy rates on office space across the U.S has hit a record +16%.

Some US banks are preparing to sell off property loans at a discount even when borrowers are up to date on repayments, a sign of their determination to reduce exposure to the teetering commercial real estate market, per FT. — unusual_whales (@unusual_whales) June 6, 2023 Good Morning Everyone! Delinquencies spiked in May on mortgage bonds …

READ MORE

Rep. Anna Paulina Luna: “According to the @FBI, Biden as VP was involved in a 5 million dollar bribery scheme with a foreign national.”

According to the @FBI, Biden as VP was involved in a 5 million dollar bribery scheme with a foreign national. — Rep. Anna Paulina Luna (@RepLuna) June 5, 2023 Just left meeting for House Oversight. The @FBI is afraid their informant will be killed if unmasked, based on the info he has brought forward about …

READ MORE

As liquidity dries up, banks are becoming less interested in lending to each other.

The Interbank Debt Market: A Warning Sign For The Stock Market’s Future The cash that is currently flowing into the reverse repo market will flow into some of those Treasurys, but the problem is that market is an overnight program. Treasurys are longer denominated instruments. Liquidity is going to flow out of the system at …

READ MORE

Illegals demand private hotel rooms and WiFi… NYC Mayor Eric Adams says migrants should be housed in private residences… The CA State Senate passed a bill to provide $300 weekly unemployment checks to illegal immigrants.

Migrants demonstrated outside their new hotel accommodation in central London, demanding better Wi-Fi, more financial assistance, and private rooms. Migrants stage pavement protest outside London hotel, demand private rooms and better Wi-Fi Better Wi-Fi, more financial assistance, and private rooms were just some of the demands made by migrants who demonstrated outside the doors of …

READ MORE

Americans Will Be Blindsided By An Economic Tsunami

Authored by Michael, theeconomiccollapseblog There is nothing wrong with being optimistic, but blind optimism can be a very dangerous thing.  The reason why so many of the “experts” were shocked by the Great Recession of 2008 and 2009 is because they didn’t want to believe that such a thing could happen.  Unfortunately, we are witnessing …

READ MORE

America is now divided into two groups – The Brainwashed and the Un-Brainwashed. This will be the Divided Society the Globalists will leverage

by Anonymous Coward A large majority of Americans now are part of the Brainwashed group. They are incapable of critical thinking when it comes to politics and things that affect society negatively. They are incapable of standing up for themselves, speaking out or thinking critically or independently. They are dependent on the Media and Government …

READ MORE

The S&P futures market is net-short approaching the levels of late 2007. Rising rates are linked to recessions, both soft and hard.

https://kingworldnews.com/the-world-is-about-to-see-serious-deflation-followed-by-massive-inflationary-money-printing/ Powell can re-define recessions with words, but despite his double speak, he too knows that a recession is already underway. As for recessions, the data is equally abundant that those rising rates tend to correlate directly with recessions, both soft and hard   Source: https://kingworldnews.com/the-world-is-about-to-see-serious-deflation-followed-by-massive-inflationary-money-printing/ h/t BoatSurfer600

The DOT COM bubble combined with 2008= NOW!

IMAGINE…. The DOT COM bubble combined with 2008= NOW! When I say HELL IS COMING… I mean…HELL IS COMING! Buckle up!$SPY $SPX $QQQ $UVXY pic.twitter.com/LTrCE7xWdz — SIR CHARTIST (@ChartBreakouts) June 4, 2023 In the first Tech overweight melt-up, Tech lost -15%. In the second melt-up Tech lost -35%. Bulls believe this will be the easy …

READ MORE

This weeks changing definition of recession: ‘Full-Employment Recession’

by Dismal-Jellyfish Source: https://www.wsj.com/articles/get-ready-for-the-full-employment-recession-bc9937a5 Federal Reserve Alert! Get ready for a new ‘recession’ definition! From today’s Fed beige book – May 31, 2023: “Demand for transportation services was down, especially in trucking, where contacts reported there was a “freight recession.”” ​ https://www.federalreserve.gov/monetarypolicy/beigebook20230531.htm Overall Economic Activity Economic activity was little changed overall in April and early May. …

READ MORE

Robert F. Kennedy Jr: The most important idea is to create a government that provides facts that people can all rely on and agree to.

Robert F. Kennedy Jr on How We Make People Proud to Be American “The reason people don't trust our government today is because our government is no longer trustworthy and the media is no longer trustworthy… And one of the best ways for us to stop the division is to have a… pic.twitter.com/4JSbPua9fX — Chief …

READ MORE

Investors have increased their short positions against tech stocks. Jobless techies being cast into #BidensEconomy to fend for themselves.

Big tech stocks have some of the highest short interest in the market. Last month, investors added $3.57 billion to their short positions against $TSLA, $2.5 billion against $NVDA and $7.26 billion against $META — Cheddar Flow (@CheddarFlow) June 4, 2023 https://twitter.com/VSoien/status/1665479234213539842 https://twitter.com/VSoien/status/1665481649436459011 Job cut announcements in technology picked up in May: pic.twitter.com/kFipcmACz1 — unusual_whales …

READ MORE

The U.S. Government is in deep Ponzi scheme territory due to debt and interest payments. Pretty soon the government will have to issue debt to just service the debt!

Pretty soon the government will have to issue debt to just service the debt!!! If the U.S. Government is already running a yearly ~$1.5+ trillion budget deficit and you suddenly have ~$1.5+ trillion in yearly interest payments on the debt, you are in deep Ponzi scheme territory! https://t.co/fdZDB0bUgr — Peter Spina ⚒ GoldSeek | SilverSeek …

READ MORE

Top economist David Rosenberg warns of a ‘hard landing’ in the US economy in the second half of the year.

HOLD ON TIGHT: Top economist David Rosenberg says the US economy is a ‘dead man walking’ – and warns of a ‘hard landing’ ahead. “You look at the United States and it seems to me that we’re still making this transition from expansion to recession,” Rosenberg said. “I know it sounds extremely controversial to talk about …

READ MORE

We Live In A Society Where Anyone Who Tries To Resist The New Culture Must Be Punished

Authored by Michael via endoftheamericandream, The cultural environment that we live in has become insanely oppressive, and I am about to share an example with you that perfectly demonstrates this.  A few days ago, a high school student in a rural area of Idaho told his fellow students that “guys are guys and girls are …

READ MORE

Rand Paul lists ‘ridiculous stuff’ US taxpayer money is spent on: This is the kind of person we need to be president right now

The system design is that who ever closest to the money will get richer and those who furthest away from money/fiat source will be poor. That is why bankers, politicians, and elites wealth increase exponentially with each crisis. https://youtu.be/aXXB8ETjEVc The economy in a nutshell Ht u/InternstionalTop2405 pic.twitter.com/WOurSCv1el — Wall Street Mav (@WallStreetMav) June 4, 2023 …

READ MORE

Sweden indicates early signs of deep recession. Global growth is rapidly slowing

by BoatSurfer600 Some of the countries in Europe whose economies have a high share of manufacturing are witnessing enormous contraction in cyclical activity. Higher interest rates are taking a toll on economic activity. Source: Sagar Singh LinkedIn With China's economy being pulled into the global recession and with no real way to escape from it, …

READ MORE

They Are Doing Their Best To Provoke A Nuclear War With Russia

Authored by Michael via theeconomiccollapseblog, Even though most Americans aren’t paying much attention at this point, the way that the war in Ukraine is evolving should greatly concern all of us.  Ukrainian President Volodymyr Zelenskyy and his generals very clearly understand that they are in very big trouble unless they can draw the U.S. and …

READ MORE

Elon Musk: “This really needs to stop. Killing some cows doesn’t matter for climate change.”

The push to end life, of both animals and humans, in the name of “climate activism” is fundamentally evil Ireland Looking To Kill 200,000 Cows To Fight Climate Change https://t.co/vo3D57QTlO — Ashley St. Clair (@stclairashley) June 3, 2023 This really needs to stop. Killing some cows doesn’t matter for climate change. — Elon Musk (@elonmusk) …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.