We are in a debt crisis: Subprime credit card delinquencies hit 22%, commercial office loans hit 11%.

To start, here's a chart of US credit card serious delinquency rates for subprime borrowers. Subprime credit card delinquencies have risen 7 percentage points in just ~15 months. These borrowers reflect a WHOPPING ~23% of the consumer credit market, according to Fed data. pic.twitter.com/mNUaNwc0GB — The Kobeissi Letter (@KobeissiLetter) January 2, 2025 Meanwhile, US multi-family …

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Toronto mortgage delinquencies hit 9-year high, doubling in one year.

1/ The GTA just hit a mortgage crisis milestone. Delinquency rates (90+ days overdue) have surged 166% since 2022, reaching levels not seen since 2015. pic.twitter.com/Ts3PH0dhHM — Shazi (@ShaziGoalie) January 2, 2025 3/ What does this mean? A rising delinquency rate reflects collapsing market liquidity. Homeowners, unable to sell quickly or profitably, are defaulting instead. …

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Montana man gets 6 months in prison for cloning giant sheep and breeding it

https://twitter.com/blankallclowns/status/1874645259692740753 Schubarth pleaded guilty in March to charges that he and five other people conspired to use tissue from a Marco Polo sheep illegally brought into the U.S. to clone that animal and then use the clone and its descendants to create a larger, hybrid species of sheep that would be more valuable for captive …

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Trump Should Terminate The Bilateral Security Agreement Between The US & Ukraine or we are STUCK!

New York Times contributor Rajan Menon wrote in a mid-December op-ed that Trump is unlikely to agree to give Ukraine the security guarantees that Zelensky is demanding in temporary lieu of NATO membership. He’s apparently unaware that Trump will soon inherit the bilateral security agreement that the Biden Administration reached with Ukraine in June. It …

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MSNBC finally admitting Joe Biden’s open border policies devastated America; 69% of Americans lack confidence in mass media’s reporting accuracy.

OPEN BORDER: MSNBC finally admitting Joe Biden’s open border policies devastated America. pic.twitter.com/f5iazek8Ux — @amuse (@amuse) January 2, 2025 69% of Americans have “not very much” or no confidence at all in the mass media when it comes to reporting the news fully, accurately and fairly. Full story: https://t.co/YqQoepFdKD pic.twitter.com/VnrULJVEvo — Gallup (@Gallup) January 2, …

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Tesla Q4 deliveries missed estimates, stock dips below $400 again.

BREAKING: Tesla, $TSLA, delivered 495,570 vehicles in Q4 2024, well below estimates of 512,466. The stock is back below $400 on the news for the first time since December 10th. pic.twitter.com/UAskYNhv2g — The Kobeissi Letter (@KobeissiLetter) January 2, 2025 $TSLA Reports COLLAPSING Q4 Delivery Numbers • Q4 2024 deliveries dropped to 484,507, down from 504,770 …

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Trump struggled with passing his preferred resolution; Bitcoin handouts unlikely.

Statist Bitcoin Wackos just making things up now. Trump couldn't even get a his preferred continuing resolution passed, you really think a handout to @saylor's Bitcoin loons is going to pass both House and Senate? Besides, Trump is about 20 days from having his hands very full. https://t.co/9QMTTJQw0k — Sold At The Top (@soldatthetop) January …

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New glowing molecule, invented by AI, would have taken 500 million years to evolve in nature

An artificial intelligence (AI) model has simulated half a billion years of molecular evolution to create the code for a previously unknown protein, according to a new study. The glowing protein, which is similar to those found in jellyfish and corals, may help in the development of new medicines, researchers say. The sequence of letters …

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A large police presence is currently responding to a hostage situation in Las Vegas.

🚨#BREAKING: There is a significant police presence with a reported hostage situation.⁰⁰📌#LasVegas l #Nevada Currently, in Las Vegas, Nevada, there is a significant police presence due to a reported hostage situation. This follows a tragic explosion involving a Tesla truck… pic.twitter.com/xT38GtYrK2 — R A W S A L E R T S (@rawsalerts) January 2, …

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HEADS UP – Former CIA Officer Warns: 1,000 Al-Qaeda Fighters In US For Next Homeland Attack…

Former CIA Officer Warns: 1,000 Al-Qaeda Fighters In US For Next Homeland Attack  https://t.co/YXALAWaf8P — zerohedge (@zerohedge) January 2, 2025 In a recent discussion on the Shawn Ryan Show, former CIA targeting officer Sarah Adams warned of a potentially devastating attack planned by Al-Qaeda terrorists on American soil. The interview offers significant insights into what may be …

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MILEI: ARGENTINA ENDS DEFICIT FOR THE FIRST TIME IN 123 YEARS

“The deficit was the root of all our evils—without it, there’s no debt, no emission, no inflation. Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years. This historic achievement came from the greatest adjustment in history and reducing monetary emission to zero. A year ago, a degenerate …

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An armored vehicle is now approaching Jabbad’s home along with heavy police presence.

Update: an armored vehicle is now approaching Jabbad’s home along with heavy police presence. https://t.co/hb8WM5QdZ0 pic.twitter.com/a2WGJ5rG0Z — Merissa Hansen (@merissahansen17) January 1, 2025 FBI Houston and the Harris County Sheriff’s Office are currently conducting law enforcement activity near the intersection of Hugh Road and Crescent Peak Drive in north Houston. We have secured a perimeter …

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“CATWOMAN” Jocelyn Wildenstein Dead At 84

Jocelyn Wildenstein has died at the age of 84. The Swiss socialite, nicknamed Catwoman because she reportedly had many facial cosmetic procedures in the hopes of resembling a cat, passed away on Tuesday in Paris from a pulmonary embolism. The star, born Jocelyne Périsset, was taking a nap in a Parisian palace at the time …

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Warren Buffett buys $15.5 million more Versign $VRSN stock in past 2 weeks.

Warren Buffett Insider Trading Alert 🚨 Warren Buffett’s Berkshire Hathaway bought another $15.5 million worth of Versign $VRSN. Buffett has now bought about $90 million worth over the past 2 weeks. Warren Buffett Insider Trading Alert 🚨 Warren Buffett's Berkshire Hathaway bought another $15.5 million worth of Versign $VRSN. Buffett has now bought about $90 …

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Police perform CPR on dead terrorist.

FOOTAGE OF POLICE PERFORMING CPR ON NEW ORLEANS ATTACKER After a shootout with police, they tried to revive him before he succumbed to his injuries. Source: RT https://twitter.com/MarioNawfal/status/1874457616937628012