experiencing

Many Americans are experiencing financial hardship due to the rising expenses of basic needs including housing, transportation, and credit card debt. Personal income fails to keep up with spending for three months.

With the median mortgage payment exceeding the cost of rent by $1,000 per month and average new car payments and used car loan interest rates reaching new highs, households are feeling the strain of increasing expenses. The milestone of $1 trillion in credit card debt, coupled with record-high interest rates of 25%, underscores the growing …

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Warning: The car business is facing major League economic headwinds, car dealers are experiencing “died suddenly”

Just in: Average monthly payment for new vehicles financed hit an all-time high of $738 in August. (via Edmunds) — Car Dealership Guy (@GuyDealership) September 11, 2023 This kind of business failure happens when things are collapsing. They may have had bank lines pulled. Who knows but larger businesses like this don’t usually go under …

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All banks are experiencing liquidity problems. More layoffs and bankruptcies are on the way.

BREAKING: Truist plans ‘sizable’ layoffs; target of cuts uncertain https://t.co/S94qKp2qzt — Financelot (@FinanceLancelot) September 11, 2023 Banks in the US just saw their biggest weekly deposit outflows since the collapse of SVB. Total bank deposits (on a seasonally-adjusted basis) plunged by $70 billion last week alone. This puts bank deposits at their lowest levels since …

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Europe is experiencing deflation

Deflation is coming… pic.twitter.com/qsDSUsi5xQ — Longview Economics (@Lvieweconomics) September 5, 2023 Italian Services PMI came in under consensus of 50.4. pic.twitter.com/IpenIr2qSz — Longview Economics (@Lvieweconomics) September 5, 2023

United States ‘experiencing a crisis of early death.’

via studyfinds: A recent study is revealing the dire state of public health in the United States. In comparison to other wealthy nations, the U.S. death rate far outpaces America’s peers — leading researchers to say that the country is actually “experiencing a crisis of early death.” Researchers from the Boston University School of Public …

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PODESTA: “We’re experiencing an acceleration of extreme weather. The the science is clear. I think the public understands it.”

PODESTA: "We're experiencing an acceleration of extreme weather. This is a combination of both climate change and a strong El Nino… But the science is clear. I think the public understands it." The science is clear?? pic.twitter.com/I4gz3ZfTGm — Daily Caller (@DailyCaller) August 16, 2023 Tony Podesta John Podesta's brother | Here is a quick crash …

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Florida is experiencing an increase in LEPROSY cases with nearly 20% of cases across the country coming from the center of the state

Florida has seen a huge surge in leprosy cases, with rising evidence suggesting the disease is becoming endemic in the southeastern United States. Leprosy, which is scientifically known as Hansen’s disease, is a chronic infectious disease that primarily affects the skin and peripheral nervous system. The number of reported leprosy cases in the southeastern states …

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The top 4 banks face bond asset losses totaling $205 billion, with the overall banking sector suffering losses totaling $2 trillion; the Fed intends to hike rates, compounding losses.

It is indeed a matter of great concern that the top 4 banks are currently facing monumental losses, amounting to a staggering $205 billion, on their bond assets. Moreover, the entire banking system has witnessed an alarming figure of approximately $2 trillion in bond asset losses. This unfortunate situation emphasizes the vulnerability of banks and …

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