A hub for independent voices and signals
by mark000 Nooooooo! SpendLess = forbidden! You will find more infographics at Statista Should a Subway sandwich cost $18.91 (plus tip)? People are shocked at how much fast food is costing these days. These places are pricing themselves out of …
EVERY SINGLE TIME YoY growth in bank credit turns negative the economy has gone into a recession. Latest reading (Nov): -0.9%. The problem isn’t Mr Powell, but rather Mr Dimon. pic.twitter.com/RHTQbKfCQY — AnilVohra1962 🇬🇧🇨🇦 (@AnilVohra1962) December 30, 2023 If you …
by confoundedinterest17 Yes, the US is engulfed in a fiscal inferno! US government debt is now bigger than the US economy. This was unseen until 2012 when debt surpassed GDP for the first time. In addition to almost $34 trillion in …
In a worrisome turn of events, Ethiopia has become the latest casualty in the escalating global debt crisis, defaulting on its financial obligations. Unfortunately, this is just the tip of the iceberg as the consequences of decades-high interest rates continue …
Biden admonished reporters and told them to report the economy is “all good.” “What’s your outlook on the economy next year?” a reporter asked Biden. “All good. Take a look! Start reporting it the right way,” Biden said. WATCH: "What's …
“There is a huge, huge problem that he knows about that he’s not admitting to,” says George Gammon, a macroeconomics expert and host of the Rebel Capitalist Show, in an interview with Daniela Cambone. He explains that the Fed chairman …
https://twitter.com/GregCrennan/status/1737172258467254709 Christmas spending increases due to inflation concerns; 24% cite inflation as the reason, while 37% cut expenses, blaming inflation, up from 15% last year. The surge in homelessness, reaching a staggering 653,104 people, unveils a heartbreaking reality in the …
by Michael At least things are still good for those at the very top of the food chain. But for everyone else, economic conditions have already become very painful. Today, the vast majority of Americans have less money than they did prior …
#recession … #GFC2 China #Property Bubble edition https://t.co/HnqfaqD6lO pic.twitter.com/KV3TML3HTi — Invariant Perspective (@InvariantPersp1) December 17, 2023 #recession … #PBoC Pushing on a String edition https://t.co/cOmr1C85k1 — Invariant Perspective (@InvariantPersp1) December 17, 2023
by cervantes__01 ’08 should have been a complete collapse of asset bubbles.. instead of allowing it all to clear out, central banks started inflating the money supply via debt to catch freefalling assets and to re-inflate them to make debtors …
NOW — Al Gore Says Social Media Algorithms Disrupt Democracy and Need to be Banned: ‘They are the Digital Equivalent of AR-15’s’ “The shift from an information ecosystem based on print to one based on broadcasting and then moving on …
China’s economy is teetering at a “critical stage,” expanding a modest 4.9% in Q3, below the five percent target. The aftermath of draconian Covid measures persists despite their removal in 2022. Surprisingly, an economic model reliant on debt-fueled construction faces …
by DAVID HAGGITH Photo by Eric Muhr on Unsplash Evidence of a severe recession that has already begun continues to build, and the cause is clear. As you can see in the following graph, money supply fell again in October and its …
The Moody’s announcement, meanwhile, put a spotlight on China’s debt issues. While the agency retained a long-term rating of A1 on the nation’s sovereign bonds, it cited the usage of fiscal stimulus to support debt-laden local governments and the spiraling …
via bettermarkets: Dennis M. Kelleher, Co-founder, President, and CEO of Better Markets issued the following statement in response to the testimony of Wall Street’s CEOs today before the Senate Banking Committee. “Wall Street’s CEOs testified before the Senate Banking Committee today …
by Chris Black The Russian economy is doing great by any measure, and if you compare it to what is happening in the West, it is like the ultimate dragon from the best manga farting on a crippled racco… Continue …
by Chris Black The post Covid boom is over for discretionary items. When people were locked at home, and flush with stimulus cash, they all bought new furniture and redid their homes. Furnitu… Continue reading by subscribing.
The Wall Street Journal has recently report that due to China’s economy continuing to stumble and rocky relations with the United States, billions of dollars have been pulled out by international investors citing numerous concerns. The Shanghai and Shenzhen exchanges …
by whodisguy32 US consumer credit card debt is at all time high, people don’t stay in 30% interest rate debt unless they are forced to. People are pulling back on essentials/food as reported by target. People don’t cut back on …
Just talked with a man who works with a local animal shelter on the Florida Gulf coast He said they’re overcapacity 10-15 new dogs coming in each day Why? He said it’s b/c families are struggling in this economy If …
Sometimes, this is all it takes…those darn real estate bubbles. Goliath falls: Sudden bankruptcy of financial empire exposes Europe’s real estate bubble “for Swiss banks – what happened? With Signa Real Estate Management Germany GmbH succumbing to insolvency, Benko’s meticulously …
The German economy faces increasing challenges as the latest data reveals a decline in private consumption and a drop in the IFO business confidence index. With household consumption decreasing and trade numbers showing a slump, Germany grapples with economic headwinds …
The U.S. narrowly avoids recession through exorbitant fiscal spending, raising questions about the sustainability of such measures. The ideological divide on economic policies, particularly Modern Monetary Theory (MMT), sparks debates on the feasibility of high fiscal deficits, leaving a lingering …
Japan grapples with a pivotal moment as its key inflation measure shows the first acceleration in four months, hinting at potential inflationary pressures. Simultaneously, the nation faces a persistent downturn in factory activity, marking the sixth consecutive month of contraction, …
via naturalnews: Did you know that electricity prices in Germany are triple the cost of electricity here in the United States, all due to Germany’s “green” energy policies? In recent years, Germany has been phasing out coal and nuclear energy in …
Brought to you by the same people who coined phrases like “funemployment” and “managed decline.” 40% of Gen Zers and millennials say it’s easier for them to find economic opportunities outside of traditional employment, per CNBC. — unusual_whales (@unusual_whales) November …
