Why the MIDDLE CLASS is DIVIDED in 2024?
Why the MIDDLE CLASS is DIVIDED in 2024? byu/Fun_Balance_1809 ineconomicCollapse
2024…
Cable TV collapses 33%, expected to lose 35 million subscribers by end of 2024.
Cable TV is in freefall, expected to drop to 70 million subscribers by the end of 2024, down from a peak of 105 million in 2010. Major companies like Disney and Warner Bros. Discovery are writing off billions in linear assets as streaming takes over. Even with pay TV still generating revenue, cable channels like …
As of March 31, 2024, three of the largest U.S. banks had a combined total of $1.832 trillion in loans outstanding to giant Hedge Funds.
By Pam Martens and Russ Martens: September 3, 2024 ~ The Office of Financial Research (OFR), the federal agency created after the 2008 financial collapse on Wall Street to defog the lenses of federal regulators to prevent a replay of that disaster, has posted frightening graphs on its website as part of its “Hedge Fund …
Vince Lanci: BRICS 2024: 126 Nations Eyeing US Dollar Exit
Vince Lanci has reported that 126 nations are showing interest in moving away from reliance on the US dollar and are set to attend the BRICS Municipal Conference in October 202412. This reflects a growing trend among countries to explore alternatives to the US dollar for international trade and financial transactions. https://marketsanity.com/vince-lanci-brics-2024-126-nations-eyeing-us-dollar-exit/ https://arcadiaeconomics.com/brics-2024-126-nations-eyeing-us-dollar-exit/
Dow Jones, 2008 vs 2024: Is that comparable?
We haven’t started cutting rates yet. Rate cutting started in 2007, and are a reasonably reliable indicator of incoming (but not immediate) crash in many more recessions if you look back with 2020 hindsight. We never actually raised rates enough to recover from 2008 (in fact it was historically low 0% bailout rates for 15 …
If the same holds true in 2024, Trump wins easily.
https://www.youtube.com/watch?v=u5IxAbVg-T8&t=161s In this video, I go into how Trump’s lead in the 2024 election is larger than everyone is predicting.
Kyle Rittenhouse Announces Who He Is Voting for President in 2024, Infuriating Some
https://twitter.com/_/status/1819238728230989832 https://twitter.com/_/status/1819200894396760139 https://twitter.com/_/status/1819244802753384696 h/t dr0id
This isn’t from 2016; it’s from 2024. The left’s nonstop rhetoric has torn this country apart for eight years.
It’s it funny to hear some dumb, racist, cvnt who is a puppet for the Left and can’t think for herself call a billionaire a “3rd rate real-estate developer”. Fuckin’ 💀.What a stupid bitch. — ZNO 🇺🇸 (@therealZNO) July 15, 2024
Citigroup 2024: Disqualified by FINRA, failed Fed stress test, fined for risk management, $30 trillion in swaps.
Citigroup 2024 Recap⚠️ -Subject to FINRA disqualification for aiding and abetting -Failed Stress Test after Fed identified "weakness" in Resolution (Bankruptcy) Plan-Fined for bad books/inability to manage "ongoing risk" Did I mention they have $30 Trillion in Swaps? pic.twitter.com/ej4JQmhQ3X — M.B. (@741trey) July 11, 2024 Stress Test Results (2024): Citigroup completed the Federal Reserve Board’s …
Survey: Over 90% of Americans plan domestic travel in 2024, spending $1,163 per trip.
Indeed, according to a recent survey by Empower, over 90% of Americans are planning domestic travel in 2024, with an average expected spending of $1,163 per trip. Additionally, approximately 37% of travelers are planning international trips, budgeting an average of $2,904 for each adventure. Over 90% are planning domestic travel this year, expecting to spend an …
Welcome to 2024, where an Opium shortage is a bad thing.
The Taliban ban on opium production in Afghanistan, the world’s biggest supplier of the drug, could drive up the use of synthetic opioids in its stead, consequently increasing overdose deaths, the UN drug agency warned on Wednesday. The United Nations Office on Drugs and Crime (UNODC) said in its annual drug report that opium production …
Japanese YEN is crashing! Who breaks the Bank Of Japan in 2024?
Who breaks the Bank Of Japan in 2024 (is it George Soros or some other big HF)? $USDJPY pic.twitter.com/7bEbvaiWOM — The Macro Guy (@SagarSinghSetia) June 26, 2024 $JPY cracks 160, intervention watch on red alert: pic.twitter.com/tqddzaAVXJ — Peter Spina ⚒ GoldSeek | SilverSeek (@goldseek) June 26, 2024 🍿POPCORN ALERT 🍿 “May the odds be in …
The CBO projects a $1.9 trillion deficit for FY 2024. If rate cuts are delayed and a recession occurs, the deficit could escalate even further.
The Congressional Budget Office (CBO) has recently updated its projections for the U.S. government’s budget deficit. Here are the key points: Fiscal Year 2024 Deficit: The projected deficit for fiscal year 2024 is $1.9 trillion. Adjusted to exclude certain payment timing effects, the deficit amounts to $2.0 trillion in 2024. Deficit Trend: The deficit is …
US bankruptcies surge: 275 companies bankrupt in 2024, consumer spending weakens, Red Lobster files.
US bankruptcies are riding rapidly: 275 large companies have declared bankruptcy through May of this year, the 2nd highest since 2010. Over the last 14 years, only 2023 saw a higher count of bankruptcy registrations, at 277. In May 2024 alone, 62 firms have gone bankrupt, the… pic.twitter.com/ymNU6fYEcr — The Kobeissi Letter (@KobeissiLetter) June 22, …
Homebuyer conditions for US consumers have declined to an all-time low in June 2024.
Homebuyer Conditions Index: The homebuyer conditions index has declined to an all-time low in June 2024, reaching 27 points. This index reflects consumer sentiment regarding homebuying conditions. Only 14% of consumers currently believe it’s a good time to buy a home, down from 20% last month1. Affordability concerns are a major factor contributing to this …
Central banks are cutting rates. Everything will change by September 2024.
Central banks around the world are now starting to cut interest rates. With the Bank of Canada and the ECB being the first two central banks to cut. Does that mean that the Federal Reserve might be next?
Nonfarm payrolls added 272,000 jobs in May 2024, yet unemployment rose to 4% with 408,000 fewer people reporting jobs.
US outstrips expectations with 272,000 jobs added in May https://t.co/aXJ5Z4ehoT — Financial Times (@FT) June 7, 2024 Probably nothing https://t.co/Arf3av21Aj — The Macro Guy (@SagarSinghSetia) June 7, 2024 You can't make this up: First you say the economy added ~150K-200K jobs a month to a total ~500,000 in a quarter showing that everything is wonderful. …
European Parliament elections 2024: How far right will the E.U. shift?
BRUSSELS — The European Union is shifting to the political right. The question this week is how far — and what that will mean for Europe and the world. From Thursday to Sunday, roughly 350 million E.U. citizens are eligible to vote in European Parliament elections. Polls suggest that various far-right parties could win the …
In Q1 2024: U.S. Economy Slows as Inflation Heats Up
The dreaded stagflation. Govt spending can’t cure it. The only fix is to purge the economy with fire and let bloated businesses go bust which no govt will allow to happen. So they’ll fight it with even more debt and only make the final result worse. h/t Perfect_Alarm_2141
June 1, 2024: Chinese space probe probe lands on the moon! video footage, of moon surface. Chang’e-6 lunar lander
Jun 2, 2024 The Chang’e-6 lunar lander landed in the Apollo crater, located in the South Pole-Aitkin impact basin on the far side of the Moon, on 1 June 2024, at 22:23 UTC (2 June, at 06:23 China Standard Time). Credit: China National Space Administration (CNSA) h/t Digital mix guy Spock
Bank of America loses/Little Guy WINS! Cantero v. Bank of America, N. A., 602 U.S. ___ (2024)
The case revolves around a dispute between Alex Cantero, Saul Hymes, Ilana Harwayne-Gidansky, and others (the plaintiffs) and Bank of America. The plaintiffs had obtained home mortgage loans from Bank of America, which required them to make monthly deposits into escrow accounts. These accounts were used by the bank to pay the borrowers’ property taxes …
India central bank moves 100 tons of gold from UK to domestic vaults (31 May 2024).
Reserve Bank of India has moved 100 tonnes of gold from the UK to its vaults in India, marking a significant shift in gold storage. The transfer was for logistical and storage diversification reasons. NEW DELHI: Reserve Bank of India has moved a little over 100 tonnes of gold from the UK to its vaults …
The IHR working group Has just released proposed final amendments dated 27th May 2024.
It has been agreed that each signatory country shall have a “National IHR Authority” and “The National IHR Authority shall coordinate the implementation of these Regulations within the jurisdiction of the State Party”. Your government is agreeing changes to your freedom in secret and now will not be able to debate in Parliament 🚨WHO – …
List of US restaurants closing this year. (2024)
List of US restaurants closing this year. (2024) byu/Urmomsjuicyvagina ininterestingasfuck
Downtown Vancouver, Canada Spring Walk 2024. Not far behind, Portland Oregon
This is very very sad to see. I’m not sure what can help tbh. It’s the worst I have ever seen, what was formerly the jewel of the crown, such a decay, it’s heartbreaking. Not far behind, Portland Oregon Seattle’s WA Fentanyl Nightmare | Documentary AC
Three (3) Mass shootings on the same day (Sunday May 5, 2024) in the state of Alabama (Tuscaloosa, Birmingham & Huntsville) leaves 2 dead,13 shot
2 dead, more than a dozen injured in 3 Alabama mass shootings Sunday Story by Taylor Lang The Gun Violence Archive lists any shooting with four or more victims as a mass shooting. So far, according to the Gun Violence Archive, there have been more than 145 mass shootings in 2024. Sign up for our …
Echoes of 1987: Are We Headed for Another Market Crash in 2024?
🚨 CRASH ALERT 🚨 1987 VS 2024 Update . 2nd lower peak complete . Is history about to repeat ? 🆘 pic.twitter.com/P0qp28Wyk8 — The Great Martis (@great_martis) May 6, 2024 $SPX bull trap bear flag No changes just a bunch of psychopaths being completely deluded idiots on the back of @Bank_of_Japan_e insanity There will be …
Drawing parallels between the economic landscape of 1980 and 2024…
Reflecting on 1980’s economic conditions reveals striking similarities with today’s environment, from soaring interest rates to a divided economy. Key points: Fed Chair Paul Volcker raised the Fed Funds Rate to 14% by January 1980, with mortgage rates peaking near 20%. Despite high rates, home prices remained high due to stubborn sellers, demographic trends, and …
Airbnb warns of travel restrictions due to foreseeable weather events after June 6th, 2024.
“Claiming foreseeable weather events leading governemt travel restrictions or large scale utility outage” Message from AirBnB:- “expect Governments restricting travel after June 6th 2024 “Claiming foreseeable weather events…..leading to a Government travel restriction or large scale utility outage” Fascinating if legit. pic.twitter.com/MY3aD31h1F — Concerned Citizen (@BGatesIsaPyscho) April 26, 2024 https://twitter.com/_/status/1783960234324549977 Interesting they chose the 80th …