Independent thinking for complex markets and current events
CAUGHT ON HIDDEN CAMERA: Fox News Media VP Jason Hermes Brags About Charging ‘$4,000 Strip Club Bills’ to Fox Corporate Cards, Admits to a Stranger, “We Would Just…Lie on the [Fox] Expense Reports—No One’s Gonna F***ing Say a Word to Me,” in Direct Violation of Fox Corporate’s… pic.twitter.com/NwKIzO6pnX — James O'Keefe (@JamesOKeefeIII) April 28, 2026
BREAKING: China says 'firmly opposes' trade deals that harm its interests – AFP — Insider Paper (@TheInsiderPaper) April 21, 2025 🇨🇳🇺🇸CHINA COMMERCE MINISTRY: CHINA RESPECTS ALL PARTIES TO RESOLVE THEIR ECONOMIC AND TRADE DIFFERENCES WITH THE UNITED STATES THROUGH CONSULTATIONS ON AN EQUAL FOOTING. FIRMLY OPPOSED TO ANY PARTY STRIKING A DEAL AT THE EXPENSE OF …
by confoundedinterest17 It is the Biden Boogie! Joe Biden is leaving the Presidency with an attrocious record. While saying he is leaving Trump with the strongest economy in modern times, the is actually leaving Trump and Republicans with a hollow shell for an economy. It is the final punch in the jaw from an angry, failed …
Last Tuesday, the U.S. Supreme Court heard oral arguments in two challenges to the Biden administration’s student debt cancellation plan, which would forgive federal student loans for 40 million Americans at a cost of $430 billion. The Court is considering whether the administration has the authority to cancel the debt and whether it followed the proper …
via naturalnews Experts have warned that a “naive” plan by U.S. President Joe Biden to allegedly boost the American renewables industry is actually a gift to China. According to the Daily Mail, the plan costing $1.2 trillion in taxpayer money was designed to improve American competitiveness in sectors that China currently dominates, including solar panels and electric …
via Mike Shedlock: Tesla is a huge beneficiary of an improper “no legal basis” Biden-sponsored subsidy. This is a massive scandal reminiscent of the diesel-emissions cheating that rocked Germany. Carbon Tax Credits The Biden administration and the Department of Energy colluded to rig estimated gas mileage from EVs. For example, a Tesla that gets the …
My @Delta flight from Phoenix appears to be flying migrants who crossed the border and are being shipped to New York When I asked a Delta representative if this was the case, his response was “What does it matter, they’re humans too” What is happening???? pic.twitter.com/zew340d6u2 — Ashley St. Clair (@stclairashley) December 19, 2023
US is leading the way on this, unfortunately. If the US refinanced its current debt load ($33.827 trillion) at the yield on 10-year US Treasury bond (4.38%), interest expense would be $1.48 trillion, 50% higher than the top of this skyrocketing chart.https://t.co/MLnYFsU229 — David Sommers (@dgsommersmkts) November 28, 2023 $2 Trillion is the interest on …
The cost of health insurance premiums in the US has significantly increased, from $6,000 in 2000 to $21,000 in 2022, outpacing inflation. The average US family health insurance premium has increased from $6,000 in 2000 to $21,000 in 2022. That’s a 249% increase, or 5.8% per year, more than double inflation. The biggest beneficiaries of …
by mrmrmrj This is BEFORE student debt repayments begin again. It is clear that household interest expense has increased significantly over the past few decades. This is likely due to a combination of factors, including rising house prices and increasing debt levels. Given the current economic conditions, it is unlikely that this trend will reverse …
Real yields break things up here, at 185bps, the highest since Lehman. pic.twitter.com/7od1pAtJLB — Lawrence McDonald (@Convertbond) August 15, 2023 Yes for sure. Bond markets understand that, on top of the continued large deficit spending, interest expense on the debt is going to start spiraling as rates increase. This expense will be nearly impossible to …
The American credit card fiasco has come to an end… 🫡 pic.twitter.com/CPOuXQPdXL — Don Johnson (@DonMiami3) August 7, 2023 The decline in revolving credit outstanding suggests Americans may be starting to cut back on credit card usage – BBG notes “If sustained, a broader spending pullback could threaten the expansion” Yes, obviously (credit card debt …
Alarming Financial Stats of 2023: – U.S debt at record high – Interest expense on U.S debt to reach a record $1 trillion annually– Credit card debt at record high – Average credit card interest rate at a record 20.69% These are records we don’t want to be setting 🙈 pic.twitter.com/B5Aoaj4FFV — Genevieve Roch-Decter, CFA (@GRDecter) August 2, …
Perfect for who? Oh wait I know 👇 pic.twitter.com/pwSqCLIvL5 — Mr. D (@Dalernaz) August 1, 2023 Good Morning Everyone! Fitch just gave the U.S. a credit rating haircut – from AAA to AA+! They point to “expected fiscal deterioration over the next three years”. They also highlight the rising government deficit, which it anticipates “will …
Without ZIRP, how are many large public companies going make those interest payments?https://t.co/pfCc29lVwD — Eventually Consistent Capital (@EventuallyCC) July 26, 2023 Everything is fine. 🔥🔥🔥Not a recession. Just one of the largest trucking companies in the USA filing for bankruptcy. 😳 pic.twitter.com/rzbvZMtbh9 — Wall Street Mav (@WallStreetMav) July 26, 2023 Beware: Bankruptcy filings have seen …
