A hub for independent voices and hard truths
On Wednesday, the Thai Rice Exporters Association revealed that the price of Thai white rice 5% broken, a key Asian benchmark, reached the highest level since Great Financial Crisis. This surge is mainly attributed to increasing fears of a global …
Just when you thought the debt ceiling issues were over, the government is ready to shutdown on Oct 2, 2023. This is the exact same day markets fell apart in 2008 & would absolutely trigger the same panic (see the …
by mark000 The September/October window has high potential for the horror show to begin IMO. The global markets, financial system and economy will experience simultaneous heart attacks, leading to (or because of) super negative geopolitical developments. US Treasury Market Hits …
Least affordable housing market so far. h/t Goldenbird666
Two weeks ago, mortgage rates have surged, with the average rate for a 30-year fixed mortgage reaching 7.22%, the highest since early November. Read more: https://t.co/u4PbafMSad — unusual_whales (@unusual_whales) July 21, 2023 h/t Simian_Stacker
Seems like you are the problem if you cant address and correct your number priority in 20 years. https://twitter.com/thekevindalton/status/1675250179220574208?s=46&t=z4S3SbHryFIVFQgblrJk4Q And remember, when was in charge of San Fran he gave the homeless bus tickets to go out of town, to …
by BoatSurfer600 The cyclical sectors of the economy are facing a sharp downturn as growth slowdown and high cost of capital hurt businesses. Stagflation is the most likely outcome for Europe. Source: Sagar Singh The Entire Euro System Faces Failure …
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 …
TOO FAKE TO TELL?In 2008, the banks were too big to fail.In 2023, the stats are too fake to tell. But here's why @DavidSacks may be onto something. – They "beat" expectations 14 months in a row[1]– They admit using …
by Chris Black Goldman Sachs’ online bank, Marcus, is the only large bank offering a competitive interest rate (https://www.bankrate.com/banking/money-market/rates/) on its savings accounts – over 400… Continue reading by subscribing. Username Password Remember Me Forgot Password
Total deposits across all banks are much higher now, $17.6t now vs $6.7t in 2008. https://wolfstreet.com/2023/03/16/fed-loaned-160-billion-to-banks-and-142-billion-to-fdic-but-qt-related-roll-off-continued/ In 2008 banks had trouble because they were holding lots of mortgages and MBSs and their value went down a lot, losing them ton …