Too Much Debt! US Government And Consumers Are Debt Crazed (US Debt Hits $34.8 TRILLION, Consumer Debt Hits $17.69 TRILLION, Unfunded Liabilities Hits $216 TRILLION)

by confoundedinterest17 Too much debt should be the theme song for the US! Both for consumers and the Feral government (not a typo!) Consumer credit increased by +$6.403 billion in April, much softer than consensus estimate of +$10 billion … more notable, however, was March data, given initial read of +$6.274 billion was revised down to …

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A record $8.9 trillion of government debt will mature over the next year, the government budget deficit in 2024 will be $1.6 trillion.

A record $8.9 trillion of government debt will mature over the next year, see the first chart below. The government budget deficit in 2024 will be $1.4 trillion according to the CBO, and the Fed has been running down its balance sheet by $60 billion per month. The bottom line is that someone will need …

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COURTROOM REPORT: It’s official. Hunter Biden’s #LaptopFromHell is government exhibit 16 at the First Son’s gun trial in Delaware.

Hunter Biden’s laptop, notorious as the #LaptopFromHell, is now government exhibit 16 in his gun trial in Delaware. At 2:10 PM today, prosecutor Derek Hines presented the silver MacBook Pro, wrapped in plastic, to his first witness, FBI Special Agent Erika Jensen. Jensen confirmed its authenticity through its serial number linked to Hunter’s iCloud identity. …

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The corruption in American Government is so extreme you have to wonder if it’s even possible to fix it

The situation in Cape Coral, Florida, has ignited outrage as city officials, without consultation, dissolved volunteer citizen groups and appointed themselves, doubling their salaries with taxpayer money. This brazen move, revealed just this week, includes a staggering stipend of $6,000 per month for the Mayor and $3,333 per month for each council member, totaling $351,972 …

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The Bank of Japan is facing enormous losses on its holdings of Japanese Government Bonds

via notayesmanseconomics The last few days have brought something rather significant in the financial economy of Japan. It was highlighted this morning by the Ministry of Finance issuing some ten-year Japanese Government Bonds at a yield of 1.05% on average. So Japan has issued a decent tranche of benchmark ten-year bonds (2.6 trillion Yen) at …

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AJ says the federal government is attempting to shut down his website and seize his studio

Alex Jones says the federal government is attempting to shut down InfoWars and seize his studio pic.twitter.com/o36ZT2gm5L — ALX 🇺🇸 (@alx) June 1, 2024 Alex Jones says the federal government is attempting to shut down InfoWars and seize his studio pic.twitter.com/o36ZT2gm5L — ALX 🇺🇸 (@alx) June 1, 2024 ALERT: Alex Jones just broadcast today that …

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“Did you know that 92million chickens have been killed at the behest of the Federal Government just since 2022?”

🚨🇺🇸 America – Bird Flu “Did you know that 92million chickens have been killed at the behest of the Federal Government just since 2022?” The Globalist Lunatics are attacking Farmers & food production everywhere ‼️ They want you eating Bill Gates fake meat & insect gruel.… pic.twitter.com/FLGNyQ2S2f — Concerned Citizen (@BGatesIsaPyscho) May 30, 2024 Since …

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Newly Unsealed Motion Confirms Someone in Trump’s World (Attorney?) Agreed to Become Cooperating Witness for Government in Jack Smith’s Classified Docs Case

A newly unsealed motion confirms that someone in Trump’s world, likely an attorney, agreed to become a cooperating witness for the US government in Jack Smith’s classified documents case against President Trump. A reference to a cooperation agreement with the government was mentioned in a motion filed by Trump’s co-defendant Walt Nauta. Just unsealed filing …

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Core PCE spikes as government prints currency; US unfunded liabilities soar.

"Victory on inflation" Core PCE accelerates as government continues to print currency. pic.twitter.com/hxtOp0XAYl — Daniel Lacalle (@dlacalle_IA) May 28, 2024 The acceleration of Core PCE (Personal Consumption Expenditures) coupled with ongoing currency printing paints a grim economic picture. As the government increases its monetary supply, inflationary pressures intensify, impacting everyday consumers and eroding purchasing power. …

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“CBDC would make it much easier for the Government to control Americans.” – Rep. Scott Perry

Congressman Scott Perry is a combat Veteran and represented the more than 725,000 people of the 4th Congressional District (all of York, all of Adams, part Cumberland and part Dauphin) of Pennsylvania since 2013; he earned re-election in 2018 to the newly-redistricted 10th Congressional District (all of Dauphin, part Cumberland, part York). https://thesilverindustry.substack.com/p/cbdc-would-make-it-much-easier-for

Economic Surprise Index Falls To -0.126 As Buying Conditions For Housing Remains Negative For Most Of Biden’s Presidency (US Debt Servicing Costs 12% Of Government Spending)

by confoundedinterest17 I saw former President Obama criticizing former President Trump for not passing “transformative” changes. That is, Trump didn’t sign any Obama-like transformative changes (like Obamacare). Truimp did try to slow down the damage done by Obama and his transformative agenda (e.g., open borders, wealth redistritution, green energy) that Biden has attempted to continue. …

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US government interest payment has virtually been a straight line up since 2020. The recent Chinese of US Treasuries might be one of the first signs of a major fiscal crisis in the US.

US government interest payment has virtually been a straight line up since 2020 Despite crossing $1 TRILLION, this debt crisis keeps getting worse pic.twitter.com/YE8v8uLZHG — Bravos Research (@bravosresearch) May 18, 2024 2/ What matters here is not overall US government debt but rather the balance of payments. If a country runs a trade deficit this …

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Evening Standard: WHO pandemic preparedness treaty ‘not acceptable’ to UK Government

The World Health Organisation’s draft pandemic preparedness treaty is not currently acceptable to the Government, a health minister has said. Andrew Stephenson told Parliament the Government is “firmly fighting in Britain’s interest”, adding that the WHO must “fully respect national sovereignty” in any treaty which comes forward as a result of negotiations. But MPs have …

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Dutch government announces plan to move embassy to Jerusalem

JERUSALEM – In a surprise move early Thursday, an advance draft of a coalition agreement between four right-wing Dutch political factions announced their plan to move the Dutch embassy from Tel Aviv to Jerusalem – at “an appropriate time.” If and when this occurs, the Netherlands would be the most significant country to move its …

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Truth or CONsequences? When your government cons you daily with its statistical “facts,” it’s hard to keep your balance. Conned-sumers are feeling the cognitive disconnect from reality.

BY DAVID HAGGITH For years, I’ve been saying it appears the BLS (Bureau of Lying Statistics) publishes fake labor statistics. The numbers always look like the seasonal adjustments are used by each administration to try to make the numbers look better, which means we are operating our country on delusions, not on facts. Ultimately that …

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BLS dumps coffee, tomatoes, and vegetable oil from inflation report

The government’s decision to exclude essentials like coffee, tomatoes, and vegetable oil from inflation reports while highlighting trivial items like TVs is infuriating. This shift in focus downplays the real impact of inflation on everyday necessities. The government is removing essential items like coffee, tomatoes, and vegetable oil from the inflation report. Attention is being …

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Congressman exposes government corruption

Congressman Tim Burchett alleges rampant corruption within the US government, particularly highlighting the Pentagon’s lack of accountability regarding billions of dollars hidden without scrutiny. Burchett grimly suggests that potential whistleblowers risk their lives, hinting at sinister consequences for those daring to expose financial mismanagement. How Corrupt Is US Government? Congressman Tim Burchett Says If Anyone …

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Facebook, YouTube, and Amazon admitted implementing censorship policies due to Biden government pressure.

In a startling revelation, tech giants Facebook, YouTube, and Amazon have admitted succumbing to government pressure, igniting fears of a chilling effect on free speech online. The implications of this admission are profound, raising concerns about the erosion of digital liberties in the digital age. If it’s getting worse, we could see a potential escalation …

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Car goes in for maps upgrade – comes back with new terms of service – GeoFencing at government control added

#Geofencing and #geotiming on your car. Just a conspiracy theory right, that you could get your EV a shut down…. Maybe like when they want to lock down next. Or limit your mileage. Is it still conspiracy https://t.co/IXUuTaROhZ — John Olooney (@OlooneyJohn) April 30, 2024 See also…. Testing Tech in Paradise: Queensland’s Sunshine Coast Queensland’s …

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Someone in the German government lied to shut down nuclear

A recent investigation has revealed that the final steps in phasing out nuclear power in Germany were partly based on false information. And doesn’t look like it was a mistake, but a deliberate rewriting of what was originally accurate information. The Green party in Germany has always been more focused on eliminating nuclear power than …

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Stagflation Alert? Bidenomics Is REALLY COVID-Related Spending (Q1 Real GDP Was 2.97% YoY, 1.6% QoQ While The Federal Government Spending Was 4.21% YoY, Core PCE Price Index Rose 3.7%!)

by confoundedinterest17 COVID was a gift to Biden. The furious Federal spending of Q2 2020 through Q1 2021 helped keep GDP growth above recession levels. Ignore Biden’s demented rants/lies about cutting the debt in half. Biden has claimed he cut the $34+ trillion national debt by $7 billion, $1.4 trillion, $1.7 billion, $1.7 trillion, and …

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Gold/TLT ratio reflects US government spending; rising debt signals bullish outlook for Gold amidst inflation fears.

The intricate dance between economic indicators unveils a sobering reality: as US government debt skyrockets, Gold emerges as a beacon of stability, outperforming Bonds in a landscape of uncertainty. With national gasoline prices surging past $3.70 per gallon amid persistent inflationary pressures, concerns deepen over the prospect of breaching the $4.00 mark for the first …

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Senator Babet: “To the Australian government and the eSafety commissioner go f*** yourselves.”

https://twitter.com/_/status/1782568559778074985 My full opinion piece here – https://t.co/aRarOmKKul — Senator Babet (@senatorbabet) April 23, 2024 Let's be very clear, the Government does not care about Bishop Mar Mari Emmanuel. They care about taking down X as X poses a threat to their control of information and narratives. The Government and their bureaucrats themselves are regular …

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The New York Times is pushing for government surveillance in the name of safety, targeting foreign governments.

The New York Times is advocating for government to spy on their citizens under the pretext of safety. But who exactly are they protecting us from? Apparently it’s foreign governments they desperately want to topple. The New York Times has constantly pushed propaganda garbage like this over the years but it’s gotten a lot worse. …

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