Independent thinking for complex markets and current events
Companies with shortages of skilled workers look to shop class to recruit future hires; ‘like I’m an athlete getting all this attention from all these pro teams’ PHILADELPHIA—Elijah Rios won’t graduate from high school until next year, but he already has a job offer—one that pays $68,000 a year. Rios, 17 years old, is a …
Woman who gets $4,000 a month in food stamps with Section 8 paying 90% of her rent, upset she has to sell her 2024 BMW after being ratted out.pic.twitter.com/UaTQmKjBMK — Darth Powell (@VladTheInflator) May 5, 2025 Section 8 will cover up to $6,192/mo for one family. That's the equivalent of a $1 million house pic.twitter.com/2J4i94xKMB …
The Middle Class consumer is tapped out: pic.twitter.com/hfQCJRaSWd — QE Infinity (@StealthQE4) May 4, 2025 Dow Jones 2008 process overlay update. It's probably nothin. https://t.co/ReUIuxGxHb pic.twitter.com/Nkvs8wygjv — The Great Martis (@great_martis) May 4, 2025
There’s something happening right now that every single American needs to know about.A silent revolution.One that isn’t being talked about enough on the news.And it’s not a theory. It’s already underway. You may think you’re safe. That your job, your income, your future—are secure. But buried beneath all the headlines about inflation, debt, and the …
They don’t handcuff you with chains anymore. They hand you keys to a house, a nice car, a college diploma, a daycare drop-off schedule, and a pile of plastic. It’s called the American dream. But if you look close, the locks are on the inside. Start with the house. Three thousand a month for shelter. …
What’s unfolding in plain sight isn’t a glitch in the system—it is the system. Across the globe, nations are quietly buying back their own debt through central banks, a desperate move dressed in technical jargon. They call it liquidity support or balance sheet management. In truth, it’s a sleight of hand that robs the middle …
Some truth telling on tariffs. This is going to hurt the middle class way more than Wall St. Seriously give this a listen pic.twitter.com/ibDE8NgfmV — QE Infinity (@StealthQE4) April 8, 2025 “What will China do? – a show stopper stimulus plan – start selling $760 Billion Treasury Bills – limit supply chain tech equipment to …
When the United States left the gold standard in 1971 under President Richard Nixon, it marked a fundamental shift in how the U.S. government could manage its finances. Prior to that, the value of the dollar was tied to a specific amount of gold, which acted as a safeguard to prevent unchecked printing of money. …
It’s funny. These are numbers you’d normally see with a Democratic president. Things have completely flipped. The middle class is now firmly Republican and the financial elite are Democrats. Mind boggling https://t.co/M1kYvBZetT — QE Infinity (@StealthQE4) March 20, 2025
The richest 1% of Americans own more stocks than the other 99%. The biggest difference between the average investor and the top 1% is how much of their portfolio is allocated to stocks. The bottom 50% of the households have only 4% invested in equities compared to an incredible 61% for the top 1%. For the …
Authored by Charles Hugh-Smith via oftwominds, Bottom line: with the loss of predictability, we’ve also lost any sense of future financial security. Home ownership has been the foundation of middle-class stability and security for so long that it defines middle-class status as much as income. From the end of World War II in 1945 on, the …
by notayesmanseconomics Let me start today’s update with some better news which is that the UK has exported some 0.5GW of electricity over the past 24 hours according to iamkate. But the reality over a longer perspective has been rather different to that as over the past week we have imported 3.3GW on average and …
Mark Zuckerberg denies building 5K-square-foot ‘Doomsday bunker’ under $270M Hawaii compound, saying it’s ‘like a basement’ Mark Zuckerberg dismissed reports that he is building a 5,000-square-foot “Doomsday bunker” underneath a $270 million compound in Hawaii — insisting instead that it’s just a “little shelter.” The 40-year-old tech tycoon was asked during a Dec. 19 interview …
An urgent warning has been issued in three states after more than 7,500 pounds of raw sausage meat was recalled for containing potentially deadly ingredients. Impero Foods & Meats, based out of Baltimore, Maryland, produced raw pork sausage products without it being inspected by the US Department of Agriculture’s Food Safety and Inspection Service (FSIS). …
It would be nice if people generally understood that inflation is just the government taking stealing your money by another means. Apparently some Dems are concluding from this that they were powerless to avoid a heavy defeat, so I will take this opportunity to plug my column from last month warning that progressives’ leftward shift on social …
Doesnt it make more sense to just make the next assignments harder? I’ve never seen this kind of policy anywhere. h/t ybaemarb
Aaron Rice has two logos tattooed on his left leg: one from the plumbing business he co-founded more than a decade ago, and another from the private-equity-backed company that recently bought it. Few businesses are as vital to their customers as local plumbing, heating or air-conditioning companies—especially in places like Tucson, Ariz., where Rice works …
Authored by Charles Hugh-Smith via oftwominds, If we want social / economic renewal, we have to make it straightforward for anyone willing to adopt the values and habits of “thrift, prudence, negotiation, and hard work” to climb the ladder to middle class security. How easy is it to climb the social mobility ladder into the …
https://x.com/Geiger_Capital/status/1835718434216178077 h/t Perfect_Alarm_2141
Why the MIDDLE CLASS is DIVIDED in 2024? byu/Fun_Balance_1809 ineconomicCollapse
Capital One class action lawsuit overview: Who: Plaintiffs Vishal Shah, Gary Ingraham, Deia Williams and Devin Rose filed a class action lawsuit against Capital One Financial Corporation d/b/a Capital One. Why: Capital One allegedly shares personal data with Meta, Google, Microsoft and other entities without customer knowledge or consent. Where: The Capital One class action lawsuit was filed …
via Gloom Boom Doom: For the last few months, I have been going after work (that is for me around 3 am in the morning) to a rather unique place in the world, which to my knowledge only exists in Chiang Mai. It is the Muay Thai Loikroh Boxing Stadium, which consist of an elevated boxing …
Someone check in on middle class Canadians. Two cuts & going for a third. #Macroedge pic.twitter.com/NFqQyDMfFe — Don Johnson (@DonMiami3) September 2, 2024 Add in Canada – and the trends are roughly the same (they've cut twice with a third on the way) pic.twitter.com/rZnn3mC9yL — Don Johnson (@DonMiami3) September 2, 2024
Is Durov a New Assange? Or Is Musk the Next Durov? The Durov Affair reveals that society is shifting from “a revolt of the public” to a digital “big state.” After four days in custody, Telegram co-founder Pavel Durov has been placed under formal investigation and ordered to remain in France under judicial supervision, with …
By Martin Armstrong Michelle Obama’s comments at the Democratic National Convention were hypocritical to the point of sounding comical. Adorned in a $3,000 pantsuit, the former First Lady told the audience that her parents raised her to be “suspicious of folks who took more than they needed.” Those with more are not to be trusted. Those …
Jimmy Dore: “There used to be 50 giant media companies, so there used to be more truth that could get out. But now because of Bill Clinton and the Telecommunications act in 1996 we went from 50 giant media companies down to 6, meaning that every TV show, every newspaper, every magazine, every radio show, …
by confoundedinterest17 Now you know why Joe Biden has fund raisers in Hollywood and New York where the elites (the top 1%) live. Biden is the President of The Elites, not the middle class. How bad it is? The top 1% now have more household wealth than the entire middle class. Note that the recent …
