Independent thinking for complex markets and current events
Conestoga College is cutting deep. In its latest attempt to shrink, the school just offered voluntary exit packages to 373 full-time faculty members. That is more than half of its permanent staff. Librarians, counsellors, even health and safety trainers were told the details in a memo. The message was clear. Entire programs are on the …
via notayesmanseconomics This week has opened with a lot of concern for the economy of Argentina as you can see from this via the Buenos Aires Times. Argentine leader Javier Milei announced plans to meet President Donald Trump in New York on Tuesday after hinting his country is in negotiations to halt a market sell-off …
by Michael The terrorists that shoot people and blow things up aren’t the real threat. We can handle the small scale stuff. What we should really be concerned about are the terrorists that are thinking much bigger. If terrorists cook up a highly contagious disease in a lab and release it in multiple U.S. cities, …
Just finished watching a video that says it all, at this rate you’re going to end up homeless no matter whether you work or not. h/t Kenshiro
Goodwill CEO says he’s preparing for an influx of jobless Gen Zers because of AI—and warns, a youth unemployment crisis is already happening Tech leaders have been quick to squash claims that their AI firms could one day cause significant unemployment. But Goodwill’s CEO Steve Preston says it’s already happening. The charity, which has over …
On the eve of New York Climate Week, activists and members of the public gathered in the city to protest the financial institutions that they claim are “profiting” off the climate crisis and wars. (AP Video: Aron Ranen).
Sales of Heavy Trucks are collapsing, which has *usually* foreshadowed an upcoming recession 🚨🤯👀 pic.twitter.com/6Yhm79I8H4 — Barchart (@Barchart) September 18, 2025 30-10YR Yield Spread Rising. Look at the chart…. and tell me what you think! pic.twitter.com/NmoDGkE272 — Henrik Zeberg (@HenrikZeberg) September 19, 2025 US unemployment rate for ages 16-24 is 10.5%, per WaPo — unusual_whales …
It’s the crisis of ages. A full fiat currency collapse. Gold will rise rapidly into a hyper-inflationary catastrophe. pic.twitter.com/HrqKnqSFMn — The Subsequent Fall (@subsequentfall) September 15, 2025 Gold and Silver are at 1979 overbought levels and have been for a solid two weeks, yet are continuing to rip. As clear a sign that the Fed …
France is not Greece. Saying it is makes people underestimate the problem. Public debt is €3.35 trillion in 2025. That is 114 percent of GDP and could hit 118.4 percent next year. The government ran a €169.6 billion deficit in 2024. That is 5.8 percent of GDP. Public spending takes up 57.1 percent of the …
by Michael When two-thirds of all the workers in your entire country are just barely scraping by from month to month, you have got a major crisis on your hands. For a long time, our standard of living has been going down and the middle class has been shrinking. But in recent years, those two …
“Wknd thought: Very Long Thread on System Liquidity Some see a raging bull market. I see a system exhausting every last bit of available liquidity for one final dance. Those who argue bullishness on solvency (pointing to high aggregate household wealth or strong asset-to-margin-debt coverage) miss the point. Credit Suisse had a CET1 ratio of …
On August 27, the U.S. Department of Homeland Security announced the sudden cancellation of the long-standing visa validity system, which had been in place for over 40 years. This abrupt policy shift caused a strong reaction among the overseas Chinese community. For many, this system was seen as the foundation of immigration status stability. Its …
So they’re going to surveil and punish their citizens even more for posting things online. Got it. Another "global health crisis" conveniently paired with a new EU initiative to police "disinformation." Translation: narratives will be managed, dissent will be censored, & the crisis will be whatever they say it is — Miles Harris (@MilesHarrisLGA) September …
Paris is burning with anger and debt. Macron’s government is collapsing under its own numbers, and the streets are alive with people who have stopped listening to excuses. The country owes €3.3 trillion. Interest alone takes 7 percent of the budget and grows every day. Every attempt to cut €44 billion failed. Lawmakers crushed the …
In remarks at a private gathering in Wyoming, the former House speaker offered his most unvarnished commentary yet on America’s looming fiscal crisis, his beef with Trump’s tariffs, and how to get the country back on track. By the end, the audience was even joking that he should take another run at the White House. …
The global food system is fraying at every seam. August 2025 did not deliver a seasonal blip or a temporary disruption. It revealed a continental-scale unraveling of protein supply, visible to anyone paying attention. Meat prices have surged another 10 percent this year, sending the FAO’s meat price index to an all-time high https://guyanachronicle.com/2025/09/06/fao-food-price-index-virtually-unchanged-in-august. The …
French Prime Minister François Bayrou has called for a confidence vote in the French parliament today at 3 PM CEST He is not expected to win the vote and will likely resign tonight. This is the first time this has happened in the 5th Republic, which has been in place since 1958, plunging France into …
by Michael The employment numbers for the month of August were just released, and they are horrible. Sadly, they have now been horrible for several months in a row, and many economists are warning that conditions will get even worse during the months ahead. Other than during the early days of the pandemic in 2020, …
Rising education and careers among women contributing to falling birth rates and future declines in college enrollment. pic.twitter.com/O5I7IVldld — CH (@Econimica) September 2, 2025
France’s economy is a rotting husk, and its leaders are complicit. Debt at 113% of GDP, a 5.5% deficit, bond yields topping Greece’s, it’s a fiscal bloodbath. Britain’s 101% debt-to-GDP is ugly, but France’s 57% state spending is a gluttonous beast eating its own entrails. Politicians shuffle numbers while markets lay bare their incompetence. It …
Central banks lowered rates, but did not start QE. Money is tight. It’s begun. pic.twitter.com/fHDFLNQWUC — The Great Martis (@great_martis) September 1, 2025 a British 30-year just hit its highest rate in forever. pic.twitter.com/E3ayXlnwYs — Michael J. Kramer (@MichaelMOTTCM) September 1, 2025 *UK 30-YEAR BOND YIELD RISES TO 5.64%, HIGHEST SINCE 1998 — *Walter Bloomberg …
by Michael Is the fact that large companies are filing for bankruptcy at the fastest pace in 15 years a good sign for the economy or a bad sign for the economy? I don’t even have to answer that question because all of you already know the answer. And as you will see below, other types …
The collapse didn’t start quietly. It started with a fire drill in Washington, a whisper in the halls of power, a warning that no one wanted to hear. The nation’s top health agency, the CDC, has been on autopilot for years, but yesterday the brakes were slammed. Susan Monarez lasted 28 days. That was all. …
by David Haggith We have now deployed all the essential pieces to completely blow up the housing market and take banks down with it on an even grander scale than last time. For several years, when writing about the next housing collapse that would be part of the nation’s economic decline into the “Everything Bubble …
The Integrated Food Security Phase Classification, or IPC, said famine is occurring in Gaza City, home to hundreds of thousands of Palestinians, and that it could spread south to Deir al-Balah and Khan Younis by the end of next month.
Consumer sentiment ≠ vibes. It’s a monthly national survey that translates household feelings into a number (1966=100). It tracks how secure Americans feel about finances, the economy, and buying conditions. Since consumer spending drives ~70% of GDP, these feelings matter. — StockMarket.News (@_Investinq) August 18, 2025 The August report was brutal: • Index fell to …
🇺🇸 US Challenger job cuts 806,383 YTD. Highest since COVID and the Global Financial Crisis! Chart: @AugurInfinity pic.twitter.com/A8ufO4gP4W — Alex Joosten (@joosteninvestor) August 16, 2025 “Through the end of July, U.S.-based employers have announced more than 800,000 job eliminations in 2025. That’s the highest number of jobs lost through the same period since 2020, when …
A student loan tsunami is coming, with 9.7 million borrowers in default for more than a quarter trillion in bad loans. Biden's student loan pause was a Ponzi — boosting spending while the debt monster grew in the dark. Now it’s hungry. pic.twitter.com/4Ojhiv8dnL — Peter St Onge, Ph.D. (@profstonge) August 14, 2025 Same store (comps) …
