A hub for independent voices
by Michael For a long time, it has been clear that the middle class is being systematically destroyed. The cost of living has been rising faster than paychecks have for years, and this has pushed millions of Americans into poverty. As for those that were already impoverished, many of them …
With disconcerting parallels to the financial crisis of 2008, warning signals are intensifying. A stark divergence between large and mid caps, soaring borrowing costs for S&P 500 companies, a prolonged crude oil decline, and soaring hedge fund exposure all contribute to an uneasy market outlook. The historical correlation of the …
The exorbitant costs associated with these universities prompt a critical examination of their value, leading to the conclusion that they may be among the biggest scams in human history. A basic Return on Investment (ROI) calculation reveals that sending a child to the business school, with all expenses included, totals …
As economic uncertainties deepen, the latest findings from the Federal Reserve Bank of New York’s Credit Access Survey paint a concerning picture for consumers. The survey reveals a notable decline in credit demand, with weakening application rates and rising rejection rates, notably in auto loans. Looking forward, households express a …
CNN – Restaurant prices are way up. You might want to head to the supermarket. “If you’re watching your budget, it might be time to skip the drive-thru and head to the supermarket. In the 12 months through October, higher restaurant prices drove food prices above overall inflation, even as …
by Chris Black Thanks to huge longitudinal studies conducted by the Danish government (2021) (https://web.archive.org/web/20230402140421/https://fm.dk/udgivelser/2021/oktober/oekonomisk-analyse-indvandreres-nettobidrag-til-de-offentlige-finanser-i-2018/), Amsterdam University (2023) (https://web.archive.org/web/20230627013716/demo-demo.nl/wp-content/uploads/2023/06/Borderless_Welfare_State-2.pdf), and Migration Watch UK (2014) (https://web.archive.org/web/20220217225955/https://www.migrationwatchuk.org/briefing-paper/1.37), we now know the financial damage of importing and supporting non-Western migrants. The Danish government found that Third World migrants collectively make a net-negative lifetime …
by confoundedinterest17 President Joe Biden and his boss Barack Obama remind me of the legendary corrupt Chicago politicians First Ward Alderman Michael “Hinky Dink” McKenna and “Bathhouse” John Coughlin. And their love of “boodle” (a slang term money, gained (Biden family payoffs from foreign countries), or spent improperly (Obama shipping large pallets …
The significant disparity in the cost of Israeli Iron Dome missiles and Hamas homemade rockets sheds light on the allocation of taxes, raising questions and discussions about the utilization of funds in the ongoing conflict. 🚨🇮🇱 Each ISRAELI Iron Dome missile costs $100,000 or more. 🇵🇸 Each Hamas homemade rocket …
https://twitter.com/Malcolm_fleX48/status/1720502970519880020
The Ukraine conflict remains in an unchanging stalemate, with Russia holding eastern regions and little frontline movement. The situation suggests a prolonged, costly endeavor with unclear objectives. Is it ever going to end? The Ukraine war is a stalemate. Russia has already captured the eastern portions of with primarily Russian …
NEW – True costs of fueling an electric vehicle, including excess charging costs and subsidies, is equal to $17.33 per gallon of gasoline, a new analysis found. https://t.co/SSSkctoMeO pic.twitter.com/B8fBGypSid — Disclose.tv (@disclosetv) October 26, 2023 EVs are a financial car wreck: Taxpayers subsidize EV charging at a rate equivalent to …
by confoundedinterest17 Bidenomics new theme song is “Addicted To Gov.” Bidenomics needs lots of Federal spending and borrowing to survive. But all this spending and borrowing is causing rapid price increases and other distortions. The US Federal government just added $600 billion in debt in ONE MONTH. And The Fed’s have borrowed $10.47 …
by confoundedinterest17 Bidenflation, a name for the combination of reckless Federal spending and excess monetary stimulus related to Covid, is still causing severe pain for the middle class. The massive Federal spending splurge is still working its way through the economy and causing distortions, like surging new home sales despite …
Gen-Z shoppers think using cash doesn’t count as spending, that anything under $5 is effectively FREE and that riding a $400 bike 400 times means it only costs a dollar The new phenomena of ‘girl’ and ‘boy’ math is taking TikTok by storm as Gen Z shoppers bizarrely claim using …
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡 https://t.co/ZHvfCXdEB9 — Catturd ™ (@catturd2) October 12, 2023 He's right! Paul Krugman is right, and it pains me to say that because he's usually wrong. I re-ran his numbers making a few more exclusions and it turns out inflation is actually 0%. https://t.co/2zK7bgUu1J pic.twitter.com/5PgixM0MkD — Chris Martenson (@chrismartenson) October …
by EuphoricTrilby https://x.com/hameturgeman/status/1712182479690346878?s=46&t=T37mFTn9E_HUaxN1rB76Hw https://travel.state.gov/content/travel/en/international-travel/emergencies/for-evacuated-citizens.html U.S. law requires that departure assistance to private U.S. citizens or third country nationals be provided “on a reimbursable basis to the maximum extent practicable.” By taking a U.S. government coordinated transport, evacuees are obligated to repay the cost of their transportation. The amount billed to …
Hedge Funds continue adding to their short U.S. Treasuries futures position which has now reached the largest short position in history pic.twitter.com/5VtUeUb7JQ — Barchart (@Barchart) October 11, 2023 I believe Bank of America is insolvent with a 6% Fed funds rate, leverage explodes. If your core capital is impaired, any …
h/t SexyProfessional
With the median mortgage payment exceeding the cost of rent by $1,000 per month and average new car payments and used car loan interest rates reaching new highs, households are feeling the strain of increasing expenses. The milestone of $1 trillion in credit card debt, coupled with record-high interest rates …
“The financial condition of balance sheets in the consumer discretionary sector has severely deteriorated over the past few years It’s one thing to accumulate debt in a easy money environment, but quite another to operate a highly leveraged business in a rising cost of capital setting. Keep in mind that …
The contrast between the United States in 1960 and 2023 is quite striking when you look at these key economic figures. Back in 1960, the median family income stood at $5,600, while the median cost of a house was $11,900. These numbers illustrate a very different economic landscape, where incomes …
by betsharks0 If you take out food, rent, energy, and transportation Egypt is doing great!
by Dismal-Jellyfish https://www.bls.gov/news.release/pdf/ppi.pdf https://data.bls.gov/timeseries/WPSFD4&output_view=pct_1mth The Acceleration of Inflation in the Second Half Has Begun, “Disinflation” Honeymoon Terminated The Consumer Price Index (CPI) jumped by 0.63% in August from July, the biggest month-to-month increase since June 2022. Annualized, this amounts to a red-hot 7.8%. This jump comes despite the still ongoing ridiculous …
NYC Mayor has estimated potential costs of up to $12 billion for the city over the next three years. Read more: https://t.co/vOFF0QtouY — unusual_whales (@unusual_whales) September 13, 2023 ⚠️ THIS NEWS CLIP NEEDS TO BE SHARED EVERYWHERE ⚠️ “The Migrant Crisis Now Forcing Deep Budget Cuts For New York City” …
via extremetech: NASA’s cost estimates at each stage have been very optimistic, and the GAO objects to the agency’s decision to monitor cost via the five-year production and operations cost estimate. The GAO report says these are poor tools to control costs, and NASA hasn’t even been consistent about updating …
🔊 … 🚨🚨🚨 Senator Matt Canavan explains why net zero will result in massive unemployment and much more expensive food. Our food production requires fossil fuels. Meat/dairy products are becoming unaffordable already due to net zero. China, Russia and India reap the… pic.twitter.com/NdtlHOfumu — Wall Street Mav (@WallStreetMav) September 11, …
Food costs 13% more under Biden than it cost under Trump. Everything is more expensive. That’s Bidenomics. pic.twitter.com/Xi01c7w3qk — Paul A. Szypula 🇺🇸 (@Bubblebathgirl) August 25, 2023 "[The public is] focused on how to pay for food. Gasoline costs. Nobody is buying a house. Nobody talked about that last night." …
Authored by Charles Hugh-Smith via oftwominds, In stock market news, toilet paper manufacturers continued rallying while tech and luxury-brand stocks continued their slide to decade lows. September 1, 2025: The Federal Reserve announced that the nation’s inflation rate has finally reached its target of 3%, after seasonal and hedonic adjustments. “The …
