A hub for independent voices and hard truths
The perfect storm: High inventory (available brand new models 2022-2023-2024) High prices Expensive loans Low income Economy crashing(no jobs) then repossession skyrocket last few months = New Car Demand is in a meltdown Ford Is GOING BANKRUPT? h/t TIO JUAN
by Michael Have you noticed an unusual number of vehicles in the parking lots of major retailers in your area at night? If you look closely enough, you will see that many of those vehicles actually have people sleeping in them. At this point, millions of Americans are sleeping in their …
by confoundedinterest17 That’s Biden/Harrisnomics! US Leading Economic Indicators down for their 29th straight month – at a level worse than the trough of COVID lockdowns… …and the head of The Conference Board says ‘nothing to see here’… “The LEI continues to fall on a month-over-month basis, but the six-month annual …
By Martin Armstrong The coming economic collapse will not resemble the Great Depression. Yes, we are in a recession – but it will not be reminiscent of the Great Depression that began in 1929. For you see, the landscape is entirely different now. America was transitioning from an economy based on agriculture …
"Markets pricing in the most cuts since 2008."@marketdesk via @MikeZaccardi pic.twitter.com/qIUTMQymi8 — Daily Chartbook (@dailychartbook) August 10, 2024 This is where the bull shit hits the road. This entire week's global rally was based on the widespread belief that the BOJ has paused permanently. However, the majority of economists in …
A German Newspaper DER SPIEGEL got access to the secret document, which includes 1000s of tanks & armored vehicles I’ve never seen so many so eager to go to war, they have an obsession with Russia, never mind it could end the world! Its outright suicidal! Just plain madness! …
by Michael Do you believe Donald Trump? He is entirely convinced that if we stay on the path that we are currently on we are heading into a “great depression”, and many believe that he is right on target. Unemployment is rising, manufacturing activity is contracting, bankruptcies are soaring, home …
Joe Biden’s senior economic advisor Gene Sperling resigned on Monday after stocks tumbled around the world. Japan’s Nikkei lost 4,451 points on Monday, its biggest single day loss since 1987. The ‘Magnificent Seven’ will shed $1 trillion in value, Reuters reported. Apple and Nvidia led the sell-off. The DOW tumbled more than 1,000 …
Authored by Charles Hugh-Smith via oftwominds, History suggests being wary of the “strong buys” at $45 when the eventual bottom is $4. In response to my chart-fest post The Rollercoaster Ride Ahead: 15 Years of Extreme Distortions Will Be Unwound, readers asked: OK, so what can I do in response? That’s the right …
1/ If the National pension fund of Japan sells UST for their cash flows, They hurt up their entire banking system. Because the entire banking system is a big fat SVB. Low loans to deposits, lots of foreign bonds/ duration. pic.twitter.com/yKs0ZQ8701 — Geoffrey Fouvry (@GraphFinancials) July 28, 2024 48 hours …
https://twitter.com/GayBearRes/status/1816446012275229105 Do you remember how painful the Great Recession was? 2008 and the years immediately following were definitely a very dark chapter in our history, but a new study has actually found that the percentage of Americans that worry they won’t be able to pay their bills is actually higher …
by Michael Do you remember how painful the Great Recession was? 2008 and the years immediately following were definitely a very dark chapter in our history, but a new study has actually found that the percentage of Americans that worry they won’t be able to pay their bills is actually …
Top Biden surrogate Rep. Joyce Beatty: “WE'RE GOING TO MAKE AMERICA GREAT AGAIN!” pic.twitter.com/bFO9fyAhyZ — RNC Research (@RNCResearch) July 18, 2024 Feels like I’ve heard that somewhere before 🤔 — Elon Musk (@elonmusk) July 18, 2024 Build a wall next…. h/t A Deplorable Neanderthal
JUST NOW: Biden comes dangerously close to saying Make America Great Again. 🥴🥴🤣🤣🤣 pic.twitter.com/Sf8HcQrDvV — C. Weber (@CWBOCA) July 15, 2024
Despite corporate messaging, economic indicators point to an economy in shambles. What’s the truth about our current economic climate? From Peter Reagan at Birch Gold Group If you have that strange feeling like the full story about the U.S. economy isn’t being told, you’re not the only one. You might even …
With China and other foreign nations buying up farmland in the U.S., Brandon Smith of Alt-Market.us discusses the harmful ramification for Americans, and the future of our economy. By Brandon Smith In the past three years China has accelerated export agreements and industrial operations in Africa, becoming the continent’s largest bilateral …
University Michigan Sentiment Prelim: 66.0 vs a Forecast of 68.5 Inflation expectations of 2.9% for one-year ahead vs 3% on the prior reading Overall consumers still don't feel particularly great according to this survey pic.twitter.com/XQ0KAYd2tW — Markets & Mayhem (@Mayhem4Markets) July 12, 2024 🇺🇸 United States Michigan Consumer Expectations (Jul) …
The U.S. population growth has slowed over the years. The current birth rate in the United States for 2024 is 12.009 births per 1000 people, representing a 0.12% decline from the previous year. During the Great Depression of the 1930s, the American birthrate fell to its lowest point yet, with just 18.4 live births per thousand population. The …
by Mr8472 They tell us that government DATA is more real than our wallets and that we are just too stupid to comprehend how good the economy is. Bulls**t! 2/3 of Americans dont have 1000 Dollars in case of an emergency 3/4 of the Middle Class are “gasping for air” …
Authored by Charles Hugh-Smith via oftwominds, AI is for the peons, access to humans is reserved for the wealthy. Judging by the near-infinite hype spewed about AI, its power is practically limitless: it’s going to do all our work better and cheaper than we can do, replacing us at work, to …
BREAKING I am the new Leader of @ReformParty_UK and will be standing in Clacton at this election. pic.twitter.com/sqpcCXREHL — Nigel Farage MP (@Nigel_Farage) June 3, 2024
Consumer spending is collapsing. This chart is just ugly. Stimmies are drying up and inflation continues to pressure spending. Never forget: Consumer spending represents 70% of the economy. pic.twitter.com/tTPeM1fKMp — QE Infinity (@StealthQE4) June 2, 2024 Savings Depletion: Many households have been drawing from their savings, which may not be …
by Michael To those at the bottom of America’s economic pyramid, it feels like the economy has already collapsed. When you can’t afford to put a roof over your head and you barely have enough food to eat, nothing else really matters. During the Great Depression of the 1930s, millions of homeless …
(3rd LD) N. Korea sends over 200 balloons carrying trash into S. Korea: Seoul military As of 1 p.m., some 200 balloons had crossed the border to fall in various locations across the country since Tuesday night, reaching as far as the southeastern province of South Gyeongsang, according to the …
Great to see the adults are back in charge. Norms reestablished. — Steve (@sjbftmlsc) May 13, 2024
Bankruptcies are hitting average American families, and U.S. businesses really hard in 2024, according to data from the U.S. Courts. Higher consumer prices are making Americans take on massive loads of debt just to get by, while businesses are being impacted by decreased sales and falling profits at a time …
According to Bloomberg data, 10 out of 11 major central banks are expected to slash rates in the second half of this year, the most in 16 years. The list of the 11 countries includes the United States, India, New Zealand, the United Kingdom, Canada, Australia, Norway, the Eurozone, Sweden, …
This woman’s good. She was instrumental in the farmers protests in the Netherlands. Same meeting where Orban talked of the Empire of George Soros Here it is! The full speech I gave at #CPACHungary that the establishment is losing its absolute mind about. I spoke the forbidden truth: The Great …
