JPMORGAN predicts a higher likelihood of a crisis in the next 6-12 months… BI: Americans can’t afford homes, investors aren’t buying property, and economists see little relief ahead.

JPMORGAN: “.. there is now a higher likelihood of a crisis over the next 6 to 12 months, the severity of which could be higher than [markets] anticipate. Risks of an interest rate shock .. are clear: consumer credit .. funding of startups .. impact on employment ..” [Kolanovic] pic.twitter.com/PvXkzsZA2Z …

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‘The era of free money, cheap debt & growth at any cost is over’…. ‘People are fighting inflation with debt they can’t afford’

Like houses, many people are locked-in to low auto loan rates. However, homes last much longer than cars do. As people sell cars bought over the last ~4 years, they are entering a much higher rate environment. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi …

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Israel can’t resist Russian Ice Cream

Exports have amounted to 52.6 tons so far this year, according to a watchdog Russia’s Vologda Region has exported more than 50 tons of ice cream to Israel since the beginning of the year, Russian agricultural watchdog Rosselkhoznadzor reported this week. According to the report, shipments have already surpassed the …

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Cost of living crisis blamed for babies being stillborn as expectant mothers can’t afford transport to vital appointments, report warns

Babies are being stillborn because expectant women cannot afford to attend appointments amid the cost of living crisis, a report warns. Researchers are calling for new funding to help ensure mums-to-be do not miss important consultations and are able to properly care for themselves. Bradford District and Craven Health and …

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Putin — U.S. Dollar is dying and it can’t be stopped.

Update(1704ET): In their inaugural day ‘family photo’, BRICS leaders posed without Russia’s President Putin, as FM Lavrov took his place given the ICC arrest warrant and Rome Statute would require the South African government to seek his arrest. Putin addressed the summit remotely, and emphasized in the Russian-language speech that de-dollarization …

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Bill Gates Unveils His Preferred National Digital ID Program. If you can’t prove your identity, then you can’t access services, The Mark!

Bill Gates is now pushing the digital ID slavery system for humanity, and the billionaire globalist recommended which platform he prefers. “850 million people lack ID that proves their identity. As a result, they’re shut out of a lot of services that could change their lives,” Gates said Monday. “That’s …

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Judges Decide Nick Sandmann Can’t Sue Media for Defamation

by Chris Black At least he already settled with CNN and the WaPo, and though it wasn’t public, presumably ended up with a few million. It was actually surprising that some of the outlets went to… Continue reading by subscribing. Username Password Remember Me     Forgot Password

You can’t have both a low cost of living, and high government intervention over the economy, at the same time

by Optimizer255 For those unfamiliar with the colors of the political compass: Red is the authoritarian left. Green is the liberal left. Blue is the authoritarian right. Yellow is the libertarian right. The welfare state should be abolished, and the right libertarian position on borders should be private borders. Anyone has the …

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Yellen calls rising credit card debt the sign of a strong consumer. No, Janet, it means tapped out consumers are sinking further into debt they can’t possibly repay.

The US has $17.1 trillion in household debt, $12.0 trillion in mortgages, $1.6 trillion in auto loans, $1.6 trillion in student loans, and $1.0 trillion in credit card debt. pic.twitter.com/xU9iQN2f5f — MapleMAGA 🇨🇦🇺🇸 (@MapleMAGAw5) August 8, 2023 US Total Household Debt Hits an All-Time High of $17 Trillion; Credit Card …

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Some of these RINOs can’t take a hint…

https://twitter.com/_/status/1688253574654894080 WATCH: “RETIRE! RETIRE!” Mitch McConnell met with chants of "Retire" at Kentucky's Fancy Farm Picnic 2023 after the clearly troubling health event he is trying to downplay. (h/t @TTEcclesBrown)pic.twitter.com/8X0I2MR3JC — The Tennessee Holler (@TheTNHoller) August 6, 2023

Bidenomics? Orange Juice Futures UP 192% Under Biden, Frozen OJ Up 40% Under Biden’s Reign Of Error (Even Fed Printing Debacle Can’t Fix This Problem)

by confoundedinterest17 I love orange juice! Unfortnately, as a diabetic, OJ is off limits. So I have to watch others drink one of my favorite beverages. But like everything else under Bidenomics, orange juice is far more expensive. Orange juice futures, the subject of the comedy “Trading Places,” are up 192% under …

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THEY CAN’T HANDLE THE TRUTH: Dems walk out of hearing after FL rep asks to play video w/ surgeon describing gender surgery for minors.

Democrats walked out of a House Energy and Commerce Committee hearing last week after U.S. Rep. Kat Cammack, R-Fla., asked to play a video of a physician explaining what gender reassignment surgeries on minors entail. The committee reportedly debated whether or not tax dollars should go toward children’s hospitals to …

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Most can’t handle these price shocks…

Source: https://t.co/Il4NTKVI7m (https://t.co/Il4NTKVI7m) — Wall Street Mav (@WallStreetMav) July 20, 2023 90% of people look wealthy and thriving on Instagram but they are living paycheck to paycheck. Two months of no paycheck means financial ruin for a whole lot of people right now coming off the largest inflation cycle in …

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