A hub for independent voices and hard truths
Import prices in US rose 1.9% month over month. This was higher than expected (forecast around 1.0%). Export prices rose 1.3% month over month. This was also higher than expected (forecast around 0.9%). Import prices up big because of fuel …
U.S. government debt is projected to grow by 9.9% according to consumer data. Federal deficits are now the primary driver of inflationary pressure in the economy. Treasury yields are elevated because the bond market demands a premium. Fiscal spending is …
Mamdani claims $0 deficit… Raids NYPD and Teacher pensions to balance books… Hochul sends $4B lifeline… The $12B NYC shell game… Doesn’t seem like it. pic.twitter.com/J9OoP5xlPX — Fat Santa (@BknDrum) May 13, 2026 Lies pic.twitter.com/ttgiDi13Xc — Mo ⦿ (@108Mj) May …
President Donald Trump’s sweeping tariffs have been deemed illegal by the U.S. supreme court, but that doesn’t mean he’s changing his view on the policy tool — far from it. “The TRADE DEFICIT was down 55%, the biggest drop in …
🚨 JUST IN: In a huge win, the White House just confirmed the US trade deficit has PLUMMETED -30% with China in the past year "Our trade deficit with the rest of the world, since last April, has gone down …
Moody’s Ratings has projected a negative outlook for New York City’s finances, chalking it up to the city’s large and persistent projected budget gaps — and citing Mayor Mamdani’s plan to draw down from reserves in order to balance the …
Tariff refunds are going to take thousands of lawsuits to sort out. And potentially add hundreds of billions to the deficit. Bang up job, Supremes 🤪 https://t.co/IF7w7orfOr — Peter St Onge, Ph.D. (@profstonge) February 21, 2026 Bessent: I got a …
Also ⬇️ pic.twitter.com/9J5BkHfxrO — Paul A. Szypula 🇺🇸 (@Bubblebathgirl) February 20, 2026
US TRADE DEFICIT WIDENS, CAPPING ONE OF BIGGEST SINCE 1960 The U.S. trade deficit widened to $70.3 billion in December, pushing the full-year gap to $901.5 billion — among the largest since 1960, Commerce Department data showed. Imports rose 3.6% …
Authored by Mike Shedlock via mishtalk, Let’s compare Trump’s claim to actual trade numbers. US Balance of Trade Goods Only Through November 2025 Key Trade Deficit Points Last year, the goods trade deficit $1.205 trillion. Through November, the trade deficit …
US TREASURY LAYS OUT $125B REFUNDING PLAN The US Treasury will sell $58 billion in 3-year notes, $42 billion in 10-year notes, and $25 billion in 30-year bonds next week as part of a $125 billion refunding through April 2026, …
The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled and the impact of President Donald Trump’s tariffs worked their way through the economy, the Census Bureau reported Thursday. Following …
BREAKING: MAYOR ZOHRAN MAMDANI SAYS NEW YORK CITY IS FACING A “FISCAL CRISIS ON THE SCALE OF THE GREAT RECESSION” pic.twitter.com/fbpDCgyhnr — Insider Paper (@TheInsiderPaper) January 28, 2026 Mamdani says New York City must drastically hike taxes on rich to …
The U.S. trade deficit retreated in October to its narrowest since June 2009 pic.twitter.com/fPWdEM8eGQ — Kevin Gordon (@KevRGordon) January 8, 2026 The recession is coming? Very well explained. This has been in the works since 2022. It's just continuing the …
Governor Gavin Newsom makes a shocking announcement. The reason why California went from a surplus to a massive deficit is because of climate change Reporter “Can we explain to Californians how we moved from $100 billion surplus to such a …
by Michael We possess technology that would have been unimaginable to people living 100 years ago, we have access to more entertainment than any other generation in human history, and we have been enjoying an artificially-inflated standard of living that …
US trade deficit just hit $52.8B – lowest since June 2020 Down 35% from last year Experts said tariffs would destroy economy Trump, Bessent and Lutnick were right all along Lower imports mean weaker demand which means recession is coming …
BREAKING: September’s trade deficit stuns experts by coming in far lower than expected. EXPECTATION: -$59 BILLION REALITY: -$52 BILLION "This would be the lightest going back to, wow we're really going back. All the way back to June of 2020.” …
TRUMP FED CHAIR ANNOUNCEMENT LIKELY THIS WEEK Sources, including Treasury Secretary Scott Bessent, say Trump has made his Fed Chair pick, with a strong chance of a reveal before Christmas. Trump confirmed on Air Force One that the announcement is …
This was the biggest October budget deficit on record, surpassing even the 2020 covid firehose https://t.co/VnYskEuXlF pic.twitter.com/8oFgNjtXU2 — zerohedge (@zerohedge) November 26, 2025 Good evening. Interest expense on US debt is now on an annual run rate of over $1.2 …
The numbers are not bad. They are grotesque. The national debt has exploded past $38 trillion, and nobody in Washington is even pretending to fix it. In just eight months, we’ve added $2 trillion more. That pace makes the 2008 …
by Mike Maharrey Despite all the talk about DOGE and cost-cutting earlier this year, the federal government spent more in fiscal 2025 than it did the previous year and set a new spending record. However, thanks to an influx of …
Good Morning from Germany, which is increasingly losing out in trade w/China. Over the past 12mths, exports have dropped to €82bn, while imports have climbed to €165bn. The resulting trade deficit of €83bn is the largest since March 2023 and …
As a confirmed gold bug for four decades i think gold is finally catching up with the ridiculous U.S. budget deficit. — Jim Cramer (@jimcramer) October 8, 2025 Gold crossed $4,000 today. This kind of rapid spike has only happened …
by Mike Maharrey Despite the significant increase in tariff revenue, the U.S. continues to run massive budget deficits. The budget shortfall for fiscal 2025 has already exceeded last year’s deficit. So much for import duties paying for the government. That’s …
The U.S. trade deficit in goods widened 22.1% to $103.6 billion in July from $84.9 billion, according to the Commerce Department’s advance estimate released Friday. The deficit was much wider than expected. Economists expected the deficit to widen to $87.7 …
Migration masks demographic collapse across Europe. Meanwhile, net migration into the EU last year was 2.3m. Without considering any other effects, this is not a long-term solution because migrants age and many are coming from countries where birth rates have …
Tariffs are supposed to pay down debt and maybe fund a public dividend. President Trump claims, “We’re taking in so much money that we may very well make a dividend to the people of America.” https://finance.yahoo.com/news/trump-says-tariffs-going-enough-080300997.html Reality check: the federal …
Hotter inflation proves you can’t print your way out of rising prices. Inflation is diverging across regions of the US: Pacific Coast states such as California, Oregon, and Washington saw inflation rates above +3.1% in July, according to BLS data. …
