Independent thinking for complex markets and current events
As the Real ID program becomes mandatory for domestic air travel on May 7, 2025, Americans face a stark choice between privacy concerns and compliance, fundamentally altering the landscape of personal identification in the US. Key Points: Real ID becomes mandatory for domestic air travel on May 7, 2025 Traditional state-issued IDs will no longer …
Reserve Bank of India has moved 100 tonnes of gold from the UK to its vaults in India, marking a significant shift in gold storage. The transfer was for logistical and storage diversification reasons. NEW DELHI: Reserve Bank of India has moved a little over 100 tonnes of gold from the UK to its vaults …
Glenn Greenwald’s System Update, Released on 4/16/24 This is a clip from our show SYSTEM UPDATE, now airing every weeknight at 7pm ET on Rumble. You can watch the full episode for FREE here: https://rumble.com/v4pnkb8-system-upd…
Simply put, China’s economic recovery has been unbalanced. As Bloomberg reports, manufacturing is holding up, thanks to resilient overseas demand and Beijing’s efforts to cushion the blow from US trade restrictions by developing advanced technologies at home. But Chinese consumers have been slow to recover their appetite for spending, amid a prolonged real estate downturn …
🇺🇸 US Real Gross Domestic Income -0.1% YoY. In #recession territory with a perfect track record! H/t: @GameofTrades_ pic.twitter.com/WUyY6GN0vR — Alex Joosten (@joosteninvestor) February 23, 2024 My point exactly. Since 2000, US real GDP increased +60% with industrial output flat. All growth from services — healthcare, rent, education etc — which more than doubled. Has …
STEPHEN A SMITH: “We got poor… starving people who were born and raised in this nation. How the hell do we come up with a $53 million pilot program for illegals?… that’s why Trump is on the verge of being elected.” STEPHEN A SMITH: “We got poor… starving people who were born and raised in …
“Everyone Knows the Ukraine war is over & as predicted by our show, ending on Russia’s terms. This is Chuck Schumer fleecing America of a $118 Billion dollars to his donors instead of spending it on Americans and our own country. This is how the Mafia operates, they warn you of bad things happening to …
BREAKING: House Homeland Security Committee Chairman Mark Green says Secretary Alejandro Mayorkas is “the greatest domestic threat to national security and the safety of the American people." pic.twitter.com/k9EoRrKqOS — Leading Report (@LeadingReport) January 3, 2024
Multiple 🇨🇳 state firms and government departments across at least 8 provinces — including the prosperous coast — instructed employees in the past month or two to start carrying local brands. That’s a major step-up from around September, when a small number of agencies in… pic.twitter.com/5j3Ngci7aE — Byron Wan (@Byron_Wan) December 15, 2023 🔴 CHINA’S …
People are so thin skinned today, they can’t even take a regular joke! It seems like the whole country is offended!!
Mass illegal immigration resulting from the Biden administration’s open border policies is costing American taxpayers hundreds of billions of dollars to provide an unprecedented number of migrants with medical treatment, housing, education, and other welfare services, not to mention law enforcement. A new congressional report that includes federal and state figures reveals the shocking price of supporting …
Why do politicians insist on every problem in the world having to be funded by America? Americans can barely afford to pay their bills and buy groceries, our border is porous, crime is through the roof, and cities are falling apart. Why don't we focus on fixing our problems at… https://t.co/vV4wUSAiqT — Wall Street Mav …
Yoshitaka Shindo, who assumed the cabinet post earlier this month, said that because China accounts for nearly a fifth of Japan’s exports, the Chinese economic troubles could cause Japan’s economy to move a notch downward. Potentially, “the impact is really big” given China’s central role in the global economy, Shindo said in a group interview …
by confoundedinterest17 The glories of Bidenomics is on fully display. Despite what Lyin’ Biden says, Bidenomics is only working for the elites (top 1%). How Soviet/CCP command economy of him! Here is an ugly chart showing Bidenomics in action! We all know that Covid unleashed a torrent of Fed monetary stimulus AND Federal spending on …
by confoundedinterest17 Bidenomics, which is also Yellenomics (the former Fed Chair and current Treasury Secretary) has The Good, The Bad and The Ugly to say for it. First, The Good! The Atlanta Fed’s GDP Now real time GDP tracker has Q3 GDP at … 4.12%. Pretty good, but bear in mind that there is still more than …
by confoundedinterest17 Commercial real estate (CRE), particularly office space, reminds me of the Arthur Brown tune “Fire!” except that Jerome Powell of The Federal Reserve is the God of Hellfire! While fighting inflation caused by … The Federal Reserve and insane Federal spending (aka, Bidenomics). Call this the Over, Under, Sideways Down economy. The top 1% are doing quite …
BEIJING — China’s Commerce Ministry on Wednesday said non-economic factors were growing and interfering with the country’s foreign trade which was facing an “extremely severe” situation in the second half of this year. “Some countries’ forceful push for ‘decoupling,’ ‘severing [supply] chains’ and so-called ‘de-risking’ are human-made obstacles blocking normal commerce,” Li Xingqian, the head …
by confoundedinterest17 Alarm! The global credit correction has arrived. Or as Bill Paxton said in Twister, “It’s already here!” The question is, how far into the economy will it extend? US Gross Domestic Income YoY is still growing strong at 4.5%, but shrinking really fast as Fed monetary stimulypto wears off. S&P Global Ratings’ Credit Cycle …
President Joe Biden’s Department of Homeland Security (DHS) allowed an illegal alien on the Federal Bureau of Investigation’s (FBI) “Terrorist Watch List” to board a domestic flight after releasing him into the United States, a federal probe reveals. A report issued by DHS Inspector General (IG) Joseph Cuffari details how DHS, on April 19, 2022, …
by confoundedinterest17 Bidenomics is a great marketing ploy where you have out of control Federal spending and magically decide to reopen the economy and school after Covid and focus only on jobs added after Biden was selected President and ignore the jobs added during Trump. Real gross domestic income (GDI) is a measure of the incomes …
by CrimsonRunner Gross Domestic Income (GDI) measures the income generated from producing the Gross Domestic Product (GDP). Real GDI (or Real anything, really) is the inflation-adjusted measurement. The current Real GDI is negative (Q4’22 was also negative but just barely), meaning the US economy as a whole lost money YoY for the second quarter in a …