Looks like Trump is going to get indicted again tomorrow

by EuphoricTrilby In the past couple months, the DOJ has consistently indicted Trump or his associates the day after Biden gets bad legal news- whether it’s bank statements detailing Biden taking bribes or Hunter Biden’s plea deal collapsing. The DOJ already has indictments lined up for “in case of Biden scandal”. The next one will …

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Australia is going “cash free”. Gov took $1 billion worth of notes out of circulation

Without warning all 4 major banks began limiting cash withdraws in various cities Making some branches “cash free” Gov took $1 billion worth of notes out of circulation People are unable to withdraw more than $500 It’s happening WARNING: Australia is going “cash free” W/out warning all 4 major banks began limiting cash withdraws in …

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Police Out In Force In Wales Zapping Cars Going Faster Than 20mph

🚨 | Police out in force in Wales zapping cars going faster than 20mph. 💷 £31m of taxpayers money being spent on changing road signs ahead of the national change to 20mph on many roads next month. 🚒 Firefighters going to show educational videos to drivers apparently. pic.twitter.com/mBg8YOiQWn — Jamie Jenkins (@statsjamie) August 1, 2023

US Q3 GDP is expected to be 3.9% while inflation is projected to be 3.8% by September. This brings nominal Gdp to be around 7.6% in Sept… Rates are going 6%

by DesmondMilesDant Caption: Atlanta Fed Q3 GDP est will update on Aug 1 which will be 3.9% up from 3.5%. Caption: Cleveland Fed suggests August cpi in September to be 3.9% but generally, it comes a % down. What this means is rates are 100% going 6% and then it upto our Jamie Dimon if …

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There’s a bigger theft going on…

But wait there's a bigger theft going on pic.twitter.com/2uKoqGdYw1 — Darth Powell (@VladTheInflator) August 1, 2023 BREAKING: The average entry-level home in the US has hit a record $243,000. — unusual_whales (@unusual_whales) August 1, 2023

Pop quiz, Millennials & Gen-Zs: who do you think is going to be saddled with the mountain of debt?

Ok, this is the 'scary chart of the week' floating around, interest payments. Q2 2023 interest of $969.9B on $31.5T of debt. Yellen's outfit just announced another $1 trillion of new debt by end of Q3. Maybe the problem is too much debt? Heretical concept, I realize. pic.twitter.com/a0fyhPuYe9 — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) …

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China’s Collapse Spillover Globally! | What’s REALLY Going on?

China’s Jobless Youth, Xi Jinping – Understand the challenge China’s jobless youth pose for Xi Jinping and its potential impact on the country’s future. Xi Jinping, China Investors, State-Owned Firms (SOEs) – Xi Jinping’s pitch to investors emphasizes revitalizing SOEs. Explore the potential implications for China’s economic landscape. China’s Politburo, Weak Economy, No Big Stimulus …

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As the EV bubble bursts, idiots who massively overpaid for Teslas are going to end up letting the repo man haul away their cars rather than continue making huge payments on a rapidly depreciating asset. Auto lenders, you are so f*cked.

(7a) Lower Priced Teslas The average price of a used Tesla is over $24k lower than the peak last July. Video: https://t.co/uwLwbR3ssh pic.twitter.com/9qfGaCetiH — Charlie Bilello (@charliebilello) July 19, 2023 h/t Simian_Stacker

Lenders are going to book huge losses as they’re forced to take back CRE whose valuations are plummeting

Lender moves to foreclose on 20-story S.F. office tower owned by WeWork venture The foreclosure lawsuit seeks to force payment of the debt, which now totals $250 million. Shady numbers. Wells Fargo increased their credit loss allowances by $949 million in their commercial loan portfolio per its earnings report. A huge skyscraper here in Baltimore …

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They’re Going to Indict Trump Over January 6

by Chris Black Honestly, I read the whole article twice, and I don’t understand what the topic here is. Seriously. Why not indict him for walking a duck on a Tuesday? Basically: he’s getting charged for January 6, over something or other. This is pretty much certain to happen, given that they are announcing it, …

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The wipeout of CRE valuations is going to be epic. Banks, PE locusts, & pension funds saddled with the toxic-waste CMBSs on these buildings are toast.

CRE Panic Hits Baltimore As Second Office Tower Dumped At 69% Discount https://t.co/MyjQjAISAQ — zerohedge (@zerohedge) July 20, 2023 On Tuesday, we asked: Is this the start of a commercial real estate firesale in crime-ridden Baltimore City? And to our surprise, it appears so. Let’s begin with our report on Tuesday when The Baltimore Sun revealed …

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The Biden administration announces it “will develop a National Heat Strategy centered on equity and environmental justice” and give people free air conditioners.Just the other day they put out they’re going to cut air conditioning down by 40% for Climate Change

by Soft-Part4511 It’s all such bullshit Out of one side of their mouth they are super concerned about Climate Doom and we have to give up our Honda Civic, our gas stove and our air conditioner. Unless a favored class of people don’t have an AC, then they need one, paid for by taxes taken …

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Allowing The Criminals To Run Wild In The Streets Of Our Major Cities Is Only Going To Make Things Worse…

by Michael The chaos that we are witnessing in our streets is the direct consequence of the incredibly bad decisions that our leaders have been making for decades.  Traditional morality has been banished from our public schools, gang members and drug dealers are constantly pouring across our wide open borders, and in many of our …

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With the US govt running deficits over $2 trillion and a recession coming, we are going to $15 trillion to $20 trillion in a few years; ‘Japanification’ is coming to the West…fiscal dominance means monetary inflation!

“Back in 2017 when the Fed Balance sheet was $4.5 trillion … this was their forecast going forward, shrinking the balance sheet to $2 trillion by 2022. Instead we are at $8.3 trillion today. With the US govt running deficits over $2 trillion and a recession coming, we are going to $15 trillion to $20 …

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Yahoo looking into going Public again

Yahoo CEO Jim Lanzone plans on returning the web perennial to a publicly-traded company and its “huge” traffic numbers are expected to clear the way. While Yahoo is “too small” to tackle search engine titans Google (GOOG) – Get Free Report and Microsoft (MSFT) – Get Free Report, owner of Bing, Lanzone indicated the company …

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