A hub for independent voices and hard truths
Something about the IRA contribution limit feels a little strange when you look back at where it started. When the IRA was created in 1974, the contribution limit was $1,500. That sounds small today, but here is the interesting part: …
“In October alone, there were 36,766 foreclosure filings — the first step in the process, when a lender warns a borrower they’re in default. That’s up three percent from September and 19 percent from a year ago… lenders formally started …
by Michael We have seen this happen way too many times before. Over and over again, mass shootings are being committed by deranged individuals that hate conservatives and hate Christians. More often than not, the shooters are deeply involved in …
China’s economy is in deep trouble, and it’s hitting even the fancy luxury brands hard. LVMH, the big-name luxury giant, just warned that demand for their high-end stuff is tanking in China. People there aren’t buying the glitzy bags and …
$SPY people believe that the 2007 Great Financial Crash was a large surprise (below) But it was anything but a surprise. The moving averages were textbook. Clear tests of support, followed by a rejection from below twice and then Lehmans …
Sounds familiar? 2007 H/t @DonMiami3 pic.twitter.com/dU4ozwcoh8 — Darth Powell (@VladTheInflator) May 16, 2024 Foot traffic and pending sales have dropped precipitously over the last few years, pending sales now at post-pandemic low for time of year, down 25% from 3 …
The economic downturn of the early 1930s led to a global debt crisis, which led to endless money printing, leading to global currency devaluations, which ultimately led to World War II. Read some history. — Gold Telegraph ⚡ (@GoldTelegraph_) December …
by Dismal-Jellyfish Source: https://libertystreeteconomics.newyorkfed.org/2023/11/the-nonbank-shadow-of-banks/ TLDRS: Fed paper: The evolution of banks and nonbanks is closely linked, particularly since the 1990s. In the 1990s, financial ‘innovation’ and regulatory changes boosted asset securitization. This shifted financial intermediation from a traditional bank-centric model (taking …
JUST IN — Senator Bob Menendez charged as an unregistered Chinese agent after Treasury reveals 170 reports accusing him of laundering millions through 20 shell companies to 9 family members aiding a Chinese firm buying U.S. energy assets. Just joking! …
