Most people are broke and they can’t borrow… US household debt reached a record $17.1 trillion despite of rising credit rejections, driven by a desire to combat inflation.

Despite credit rejections rising, debt levels are skyrocketing. Total US household debt just hit a record $17.1 trillion and is expected to rise again this quarter. People are using debt to "fight" inflation. Follow us @KobeissiLetter for real time analysis …

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UK: If a second financial crisis broke today, we could not put the public balance sheet behind our banking system without expecting a run on the pound.

We cannot live with a decade of more of the same. Britain is extremely vulnerable to any mishap – a crack in the housing market, a crisis in the financial markets, another energy crisis. https://www.theguardian.com/commentisfree/2023/aug/13/uk-stop-kidding-ourselves-rich-nation-gone-bust  

Viral TikTok Boat Challenge Leads To “Instant Death”… “When they jumped out of the boat, they literally broke their neck … instant death”

Stupid is as stupid does… TIK TOK. KILLING PEOPLE SINCE 2016 https://twitter.com/_/status/1678132176876105735 A dangerous TikTok challenge has gone viral as summer heats up in the Northern Hemisphere. The trend involves people jumping off the rear of a moving boat. Tragically, …

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