Independent thinking for complex markets and current events
Banks know exactly what they do. They buy bonds cheap, crash lending to force rates lower, and sell high. The Fed takes blame while banks laugh to the bank. This is not accident. It is the plan to transfer more wealth upward. Its happening, consumers are suffering, not just inflation but high credit card rates …
Treasury Analysts: AI Bet Could Sink Us All Why is this a secret report – we’ve been warning about this for years Treasury insiders drafted a report quietly warning that the massive AI investment boom looks like the dotcom bubble – overhyped, infrastructure-heavy, and risky to banks, private credit, chips, and the whole economy if …
By Peter Reagan Your News to Know rounds up the most important stories about precious metals and the overall economy. This week, we’ll cover: The massive and not-so-quiet AI boom What the Fed’s bank-capital proposal really says about gold Why “cheapflation” confirms what families already know The American economy has bet an awful lot on AI A strange new …
Why would you say it aloud on television, you'd think the system would conceal certain motives until the objective is complete — Plato's Cave (@Southerntwig) July 1, 2026 So back to war on Friday. Then start negotiations again on Sunday night before futures open up 😃 Meanwhile the SPR gets drained 🤦♂️ https://t.co/PE8DojbLnp — QE …
Activists in Seattle said app-based gig workers were being exploited. So politicians eagerly came to the rescue with a new $26 minimum wage. The politicians believed companies like Uber and Doordash make so much money they could eat the cost without raising prices. Judge Glock of the Manhattan Institute explains why that’s not true. “Obviously, …
One number jumped out at me today. Nearly 2 million Americans have now been unemployed for more than six months. That is up by more than 500,000 from a year ago. Even more interesting, long term unemployed workers now make up 27.5% of all unemployed Americans. That does not happen in a labor market that …
This number is what caught my attention. China’s government debt to GDP ratio jumped from 90.4% to 99.2% in one year. Almost a 10 percentage point increase. That means debt grew much faster than the economy. China’s official GDP growth in 2025 was about 5.0%, but government borrowing increased at a much faster pace. And …
by Michael When we were told that the ceasefire extension with Iran would include “the toll-free opening of the Strait of Hormuz”, I didn’t realize that this was only for a period of 60 days. As you will see below, once the 60 days are over the Iranians will be allowed to charge vessels for passing …
by Michael A very intense El Niño has formed in the equatorial waters of the Pacific Ocean much earlier than originally anticipated, and we are being warned that it could cause trillions of dollars of damage to the global economy. Considering everything else that is going on in our world right now, that is really …
Inflation just spiked to 4.2% annually. This is the highest level in three years. The cause is the administration’s war in Iran and the energy squeeze. When asked about the pain, the president said, “I love the inflation.” He is openly mocking you while your savings evaporate. Oil prices are hovering around $100 per barrel …
GainsPainsCapital warns that a maddening geopolitical news cycle is masking an approaching inflationary storm. The United States is trapped in a repetitive loop: claims of peace followed by new threats and conflict. Underlying this cycle is a dangerous fiscal reality. GainsPainsCapital reports the government is running a $1.9 trillion deficit for fiscal year 2026. Despite …
53% of Americans carrying credit card balances say they’re using them to cover groceries, utilities and other basic living expenses Over half (53%) of American consumers carry credit card balances to cover the rising cost of essential expenses, with 25% of consumers carrying these debts for 6 months or longer, according to a new survey …
People in the Dallas suburbs who laughed and confessed to you over drinks in 2024, “I can’t believe Zillow says my house is worth $850,000. I couldn’t afford to buy it today. Who would pay that?” Are now in 2026 all listing their homes for sale for $850,000 and posting on… — Amy Nixon (@texasrunnerDFW) …
Core CPI prints are showing a hidden 4% climb in essential goods. Grocery bills for the average family are up $150 in a single month. Shipping giants are adding a $2,000 per container surcharge to mask fuel pressure. The Fed is still anchored to official prints while real world pricing runs hotter. Construction costs for …
Rich investors moving into gold, foreign currencies, and overseas assets while U.S. GDP growth just got revised lower again to 1.3%. Average 401(k) balances dropped again in Q1 as market volatility keeps hitting retirement accounts tied almost entirely to U.S. equities. CEO confidence is falling sharply too, with executives increasingly worried about Iran, inflation pressure, …
Reports across social platforms confirm a widespread drop in holiday spending, with neighborhood gatherings and retail traffic hitting lows not seen in decades. Empty parking lots at big-box retailers during what is traditionally a peak sales weekend signal that the American consumer is effectively tapped out. So 80% of the nation is basically experiencing a …
by Michael For much of the nation, it feels like we are in a permanent economic crisis with no end in sight. I have been documenting our long-term economic decline for years, and now we have reached a point where Americans have literally never felt this bad about the state of the U.S. economy. Considering …
Let it burn, the fantasy was never real to begin with. $600,000,000,000 has been wiped out from the US stock market today. The stock market is finally reacting to the actual economy. pic.twitter.com/KDGxU7N0io — Ted (@TedPillows) May 18, 2026 Morgan Stanley’s Mike Wilson says equities are at risk of a significant drop. — TT3 (@TradingThomas3) …
Are you seriously this stupid? China manufactures most of the goods America uses on a daily basis including computers, electronics, cellphones, and clothing. China holds hundreds of billions of dollars of US Treasuries. China is one of the largest consumer markets in the world.… — Rebellions Are Built on Hope! (@Self_HelpJunkie) May 13, 2026
Official data now screams the economy is in freefall. Annual jobs numbers this low only happen in full-blown recessions. we are in a consumer recession for the bottom 80%. top 20% are crushing it. — Jon Brooks (@jonbrooks) May 8, 2026 "consumers are literally running out of money" — Heinz CEO You can’t budget your …
Kevin Hassett basically said record credit card spending is a strong economy sign and people are cooking him for it. Most families aren’t maxing cards because times are great, they’re doing it to survive groceries, rent, and gas right now. Talk about tone deaf! People are spending more on credit cards and for gas and …
Gas prices are straight up the biggest flashpoint right now. Trump is out here prepping everyone to accept prices doubling if oil hits two hundred bucks a barrel and he just shrugs like it is worth it. Clip shows him basically telling families to suck it up while they are already canceling trips and stretching …
by Michael Decades of economic decline have brought this country to a breaking point. The vast majority of the population is barely scraping by from month to month as prices continue to rise, thousands of stores and restaurants close, foreclosures spike to alarming levels and the middle class continues to shrink. Now the crisis in …
We are living through a time in which the history books will be written about and it’s important to pay attention and not just sit there and wait for things to happen to you but actually take action. You came here for the truth so let me unveil that for you. Oil is above $100 …
Two economists just published a mathematical proof that AI will destroy the economy. Not might. Not could. Will! The paper is called “The AI Layoff Trap.” Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled. The conclusion is one sentence: “At the limit, firms automate their way to boundless productivity and …
BREAKING: Japan will begin releasing part of its oil reserves from May 1, according to the Ministry of Economy, Trade and Industry (METI). 🔴 More on https://t.co/hGzrK2N8WC pic.twitter.com/ZrE2pP5ixN — Al Jazeera Breaking News (@AJENews) April 24, 2026
Most of you probably knew this already, but the way he explains it in the simplest terms really drives the point home. If you’re searching for the end times false prophet, just look to the false profits and their profiteers; the profiteers are the false prophets of our day and time. h/t Sir P. …
Irishman David Roche see’s what’s coming: “We are going to run out of fuel in the global economy” “The markets are in cloud cuckoo land” “We are moving beyond initial inflationary affects to the second stage where there is no gas to price” “Within a few months we will be in an economy which has …
GAS PRICES THREATEN TO ERASE TAX REFUND BOOST Refunds rose 14% YoY (avg. $3,462, +11%) but came in slightly below expectations, offering only a modest lift to consumption. A ~15% jump in gas prices (~$3.60+) could fully offset that gain, leaving overall consumer spending flat… — *Walter Bloomberg (@DeItaone) April 15, 2026 GAS SPIKE SQUEEZES …
