A hub for independent voices and hard truths
For the first time in history, total credit card debt is about to cross $1 trillion. Since Q4 2020, total credit card debt is up over $200 billion. Americans currently hold a record $986 billion in credit card debt. 2/7 …
A very ugly reversal for stonks today. Media pundits scrambled to figure out why the Dow didn't have a record 14th up day in a row. Probability .00001%. When it's going to happen it happens, and media bystanders attach a …
Richmond Fed manufacturing index showed the sector contracting in the district for the 10th month out of the last 12. This data looks more stagflationary then a substantial recession, still. Actual -9, previous -8 pic.twitter.com/D82XqiDoRm — Don Johnson (@DonMiami3) July …
by confoundedinterest17 To quote Bill Paxton’s character from Twister: “It’s Already Here!” The feared recession, that is. The year-over-year growth rate in Household Net Worth has been negative for 3 consecutive quarters, the worst growth since The Great Recession and Financial …
by confoundedinterest17 Yes, Resident Biden, our bumbling, corrupt “leader” said “We created more new jobs in two years than any president did in their entire term.” Of course, like almost everything that comes out of Biden’s mouth was a lie. …