A hub for independent voices and hard truths
Just like the dot com bubble in 1999 where Nasdaq valuations went parabolic on internet hype before the brutal crash. Make no mistake: It IS the largest asset bubble in human history. https://t.co/16W9PBcNIZ — Uncle Milty’s Ghost (@his_eminence_j) April 29, …
Nvidia Could Delay New GPU Due To Deepening Memory Crunch https://t.co/2z8bmAlXpZ — zerohedge (@zerohedge) February 5, 2026 News flow around the memory crunch is accelerating by the week, and the casualty list is growing. Just this morning, Qualcomm and Arm …
Inflation stays hot despite economic slump. So, we got negative consumer spending and negative consumer income, yet hot core PCE (i.e., inflation). Yet, still, stocks are making new all-time-highs on "trade deal" comments? I guess the data, indeed, does not …
Lost in the payroll mess, the ISM (manu) dropped to fifteen-month low not far off it. Worst part of it is how employment has dropped off during the summer, more evidence aligning with payrolls, hiring, layoffs, nominal incomes, etc. Firms …
Head of Tampa Food Bank has seen traffic double to 40k/month in last few months. This is a nationwide phenomenon as recession deepens. Most on this feed in stock market or watch it closely. Those who need help have no …
Fast food prices have skyrocketed under the Biden administration, outpacing grocery bills and gas prices, according to Axios. Since before the pandemic, prices have surged by 31%, while average hourly earnings have only climbed 25%. It’s the cost of living …
The response from White House press secretary Karine Jean-Pierre raises concerns about transparency regarding Hunter Biden’s financial dealings. The House Oversight Committee’s report suggests direct monthly payments from Hunter’s business entity to President Joe Biden, prompting questions about the nature …
A crisis looms over China as alarming signs of economic distress emerge. Despite official claims, the job market’s true fragility is exposed by online listings and household surveys, painting a grimmer picture. Adding to the ominous scenario, China is contemplating …
In the midst of a severe recession in the freight market, marked by an oversupply of trucks and a scarcity of freight, the logistics industry faces a wave of bankruptcies, closures, and layoffs, with notable companies like Yellow Corp. and …
Debt seems to be bipartisan. pic.twitter.com/WxZlPf2woG — FIATFIRE 🔥 🔥🔥 (@fiatfire) September 20, 2023 If you print $4 trillion … that type of impact on real income is inevitable. Inflation over the past 3 years had run much faster than …
The longer the Fed keeps raising interest rates while using their balance sheet to bail out banks and the ultra wealthy, the more deeply buried the middle class becomes trying to borrow their way through inflation. Personal interest payments: pic.twitter.com/UdeKfTTszD …