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What Happened To The “Shut Down Fannie And Freddie” Movement? (Both Fannie And Freddie Are GROWING Their Retained Portfolios)

by confoundedinterest17 I spoke at the American Action Forum in Washington DC on the future of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. Speaking with me was Laurie Goodman from The Urban Institute. Laurie loves Fannie Mae and Freddie Mac and argued passionately against shutting them down. I argued to shrink their retained portfolios …

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It Is Really Happening: The Numbers Show That U.S. Exports And U.S. Imports Are Both Collapsing Dramatically

by Michael Over the last several decades, the global economy has become more interconnected than ever, but now everything is changing.  The flow of goods between the number one economic power on the planet and the number two economic power on the planet is absolutely imploding, and that is going to have enormous implications on …

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India offers zero-for-zero tariffs on both auto parts and steel from the United States.

BREAKING: India offers zero-for-zero tariffs on both auto parts and steel from the United States. — The Kobeissi Letter (@KobeissiLetter) May 5, 2025 In a bid to advance its ongoing trade negotiations with the United States, India has reportedly offered to impose zero tariffs on select American goods, including steel, auto components, and pharmaceuticals—up to …

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The cost of living squeeze is real and it’s making Americans completely stuck. Buy and rent both out of reach for most Americans

$1M 30yr mortgage at 2.50% (covid time frame) = $3,951/month payment $1M 30yr mortgage at 6.85% (current national average) = $6,553/monthly payment Annualized that is a $31,224 difference. If you took out a mortgage or refi'ed with a mortgage that begins with a 2 percent, why… — Heisenberg (@Mr_Derivatives) April 26, 2025 The cost of …

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China changes divorce law: Wife receives no property from husband, equal custody for both parents

China has made significant changes to its divorce laws, aimed at making marriage registration simpler and divorce harder. A new 30-day cooling-off period has been introduced, requiring couples to wait before finalizing their divorce. This period gives couples a chance to reconsider their decision, potentially preventing hasty decisions, but it also raises concerns about women …

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Cancer is now the leading cause of death for both dogs and cats in the US

So, what is driving cancer in our pets? 1. Poor nutrition and chemicals in pet food. 2. Pesticide and lawn chemical exposure. 3. Spaying, neutering, & altered hormone balance 4. Toxic flea & tick treatments. https://www.connealymd.com/why-is-cancer-now-the-leading-cause-of-death-among-dogs-and-cats-in-the-u-s/#:~:text=Cancer%20is%20now%20the%20leading,and%20advancements%20in%20veterinary%20care. https://vetcancersociety.org/resources/pet-owners/pet-owner-resources/ h/t A Deplorable Neanderthal

BREAKING: The US is considering a 1 month delay on auto tariffs on both Canada and Mexico.

BREAKING: The US is considering a 1 month delay on auto tariffs on both Canada and Mexico. — The Kobeissi Letter (@KobeissiLetter) March 5, 2025 🇺🇸BREAKING: US weighs one-month delay of Canada and Mexico tariffs on autos. pic.twitter.com/xPr9Gs8fkM — GAR Capital (@garcapital) March 5, 2025 🇺🇸 President Donald Trump and Canadian 🇨🇦 Prime Minister Justin …

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Back to the all time high. Breadth negative on both exchanges. Stupidity on ton of (free money) steroids

The market’s reckless exuberance is running on free-money steroids. Back to the all time high. Breadth negative on both exchanges. pic.twitter.com/Unu50o96zo — Mac10 (@SuburbanDrone) January 22, 2025 It's true that I enjoy financial experimentation. I like watching it, I don't enjoy participating. pic.twitter.com/z1Tbxu64yR — Mac10 (@SuburbanDrone) January 22, 2025 Let's do this. pic.twitter.com/eNWBHDiT41 — Mac10 …

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Egypt receives US Military aid….that way, once again, my tax dollars will be on BOTH sides of the shooting!

HMM: Egypt Prepares for Military Confrontation with Israel. Despite facing substantial economic hardships, Egypt is in the midst of significant military spending. The Israeli defense establishment identifies military activity in central Sinai, including logistical preparations and the construction of cement obstacles aimed at blocking Israeli armored vehicles. Political officials in Jerusalem have voiced concern over …

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I-85 in Greenville County, SC is closed in both directions due to a B0MB THREAT involving an 18-wheeler

BREAKING: Portion of I-85 closed due to reported bomb threat involving 18-wheeler in Greenville County, South Carolina pic.twitter.com/XsjQKp8yxy — Intel Point Alert (@IntelPointAlert) January 2, 2025 According to Cody Alford with 11 Alive, the driver stated he had a bomb after being pulled over. https://t.co/IrMSLvn5aN — Intel Point Alert (@IntelPointAlert) January 2, 2025 Local outlet …

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MSTR’s Bitcoin purchases slow; Bitcoin and MSTR stock both decline. Mr. Saylor is about to get a massive margin call on his “risk free” strategy.

MSTR has slowed down their bitcoin purchases.. and bitcoin is down… and their stock is down. 🤔 It’s almost like these things are correlated in some way… I wonder if folks will keep lending them billions to buy bitcoin if this continues. https://t.co/FKAco4hglh pic.twitter.com/duimjODWAw — @jason (@Jason) December 30, 2024 Tether depeg now down to …

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Unlike 2008, we have both a historically overpriced housing bubble AND stock market bubble.

The median renter in America has a net worth of $10,400. The median homeowner’s net worth is $400,000 Wall Street Pours Billions Into Build-To-Rent Communities, Betting Big Against Home Ownership Amid High Prices and Interest Rates While the pillars of the stock market are highly concentrated in just a few names. Risk is truly elevated. …

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Sorry, Minister Habeck — you can secure the sector’s future or you can impose “climate-friendly” production but you can’t do both.

DECLINE IS A CHOICE: Thyssenkrupp to cut 11,000 jobs at steel division in major corporate shakeup. Germany’s largest steelmaker, a division of Thyssenkrupp AG, is under pressure from cheaper Asian competitors, high power prices and a weakening global economy, leading to operating losses in four of the past five years. Under the restructuring, Thyssenkrupp Steel Europe …

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Toilet Paper and Cars, Will Amazon Succeed at Selling Both? We Will Soon Find Out.

by Mike Shedlock Amazon and Hyundai launch a broad, strategic partnership—including vehicle sales on Amazon.com in 2024. New Strategic Partnership Last month, Amazon announced a New Strategic Partnership with Hyundai. In 2024, auto dealers for the first time will be able to sell vehicles in Amazon’s U.S. store, and Hyundai will be the first brand available …

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