A hub for independent voices and signals
“The question is how much longer can the US economy be propped up by asset prices?” The answer is: the economy is being propped by government spending that gooses asset prices at the expense of the people that pay for …
by confoundedinterest17 08/24/2024•Mises Wire•Daniel Lacalle Price controls, higher taxes, government intervention, and subsidies paid for by printing a constantly devalued currency. These are the essential pillars of “21st century socialism” and the radical left Peronism that obliterated Argentina. These are also the …
https://www.youtube.com/watch?v=NCVYN0e4pNU Has corruption destroyed the U.S. economy and who’s benefiting? Can affordability return?
The everything bubble is about to burst. Worst housing crash in history expected, We’re in a more dangerous bubble and the U.S. economy is destroyed.
Bernie Sanders Calls out the DNC to Its Face, Admits Economy Is Terrible Senator Bernie Sanders delivered a pointed speech at the Democratic National Convention, where he condemned the influence of wealthy donors in American politics. Sanders, a long-time critic …
I am at a loss. – Gold prices at their highest – Bitcoin close to highest – Inflation is sticky – National debt at its highest – Delinquencies increasing – Big 7 losing their golden earnings touch – 3 large …
China’s economy has gone flat, and every effort the Communist government has made to pump it up has either failed or barely moved the needle. The Chinese go-go economy of the early years of this century has taken a tumble. …
Why Millennials & Gen Z are struggling in today’s economy? byu/Fun_Balance_1809 ineconomicCollapse
How does it feel to be living on the edge of a bubble just before it bursts? Ever since the days of the Great Recession, our leaders have been going to extremes that we have never seen before as they …
Authored by Charles Hugh-Smith via oftwominds, As the high generated by the previous iteration of financial repression wears off, the dose increases, as do the stakes when that high wears off. You’ve no doubt heard “We had to destroy the village …
Trade Services: The claim about trade services seeing the second-largest drop on record (-1.3%) in July and now being negative year-over-year is accurate. This reflects a significant decline in margins received by wholesalers and retailers. Economic Data Surprises: Economic data …
by Michael In your opinion, does it feel like we are in the middle of a recession right now? If you feel that way, you are definitely not alone. In fact, as you will see below, most Americans believe that …
by Michael Businesses are declaring bankruptcy at a much faster rate than they did last year. Thousands upon thousands of once thriving businesses are failing, but this just must be another sign that the economy is “fine”. No matter how …
IMF forecasts, Canada will be fastest growing economy in G7 in 2025 🤣 https://t.co/lU8nK2w8Vb — Financelot (@FinanceLancelot) August 13, 2024 Interesting, to see this data. People in the UK should be asking their leaders, why the low growth? pic.twitter.com/9ZQkAkKRUS — …
The Treasury Department is being accused of trying to juice the economy, per Axios. "Short-term debt is becoming a rising share of all outstanding debt, while the share of long-term debt, like 10-year or 30-year bonds, stays flat." — unusual_whales …
US PPI Final Demand (M/M) Jul: 0.1% (est 0.2%; prev 0.2%)– PPI Ex Food And Energy (M/M) Jul: 0.0% (est 0.2%; prev 0.4%)– PPI Final Demand (Y/Y) Jul: 2.2% (est 2.3%; prev 2.6%)– PPI Ex Food And Energy (Y/Y) Jul: …
Authored by Charles Hugh-Smith via oftwominds, The global economy is toast. All that’s left is the distribution of the burned bits. The six one-offs that drove growth and pulled the global economy out of bubble-bust recessions for the past 30 …
If she was making $200k a year our economy is fucked — CrazyCuck69 (@CrazyCuck69) August 8, 2024
One must wonder how much a 6% GDP deficit in a 2% GDP economy is hiding actual recession. Here is the monthly hiring rate: pic.twitter.com/nVNbmA9ANm — Mac10 (@SuburbanDrone) August 8, 2024 Simple https://t.co/pnXlhL7zAN pic.twitter.com/mPqlutVkDc — Alessio (@AlessioTMAD) August 8, 2024 …
by Michael How does it feel to be living on the edge of a bubble just before it bursts? Ever since the days of the Great Recession, our leaders have been going to extremes that we have never seen before …
Harris-Biden Treasury Sec. Janet Yellen says their "transition to a lower carbon global economy" will "require no less than $3 trillion" each year pic.twitter.com/Ho5AoT3e9e — RNC Research (@RNCResearch) July 28, 2024 This idiot wants $78 Trillion to fight the weather. …
BY DAVID HAGGITH And I’m DEAD WRONG on all of it (if all that you read is true)… but so is the Fed! Photo by Andrej Lišakov on Unsplash I’ve had, one might say, a great run for all of my predictions this …
Car repossessions have surged recently. In 2024, car repossessions increased by 23% compared to the previous year, which is also 14% higher than pre-pandemic levels. This rise is largely attributed to financial distress among consumers, with many struggling to keep up …
by Michael It has become glaringly obvious that we are way too dependent on our computers. The “largest IT outage in history” has thrown the entire global economy into a state of chaos, and we are being told that it could take …
BY DAVID HAGGITH The fall in stock values widened significantly today; unemployment rose to recession levels; oil prices say stagflation through the summer; and the Houthis still rule. Photo by Jennifer Uppendahl on Unsplash Here’s a quick rundown on the economy from today’s …
In the predawn darkness, the Houba labour market in Guiyang is a sea of construction helmets as day workers seek temporary jobs in the south-western Chinese city. But many of these so-called migrant workers, labourers who have left their homes …
BY DAVID HAGGITH And Fed feints toward a September rate cut because the economy is slowing. Photo by Annie Spratt on Unsplash Traders are now betting 100% odds that Powell & Co. will lower interest rates in September, and Powell’s dovish tones, as …
Western MSM minions like NYC, CNN, WSJ, BBC, DW etc are silent about whats happening in China. Because they get millions of dollars from Chinese companies. Its only because of whistle blowers and local translators through social media that this …
