Independent thinking for complex markets and current events
China’s Murky Debt Corner Faces Funding Squeeze (Bloomberg) — The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of the 2008 financial crisis are a growing risk this time around. The bonds funded an economic boom in China more than a decade ago, as local authorities borrowed …
Full story:https://t.co/Di4sWksPPX — Collin Rugg (@CollinRugg) July 12, 2023 Sen. Ted Cruz reveals TWO whistleblowers have come forth with EVIDENCE DOJ is covering up CRIMES for Joe and Hunter Biden: "This DOJ, this FBI, is the most politicized DOJ and FBI we have EVER seen." pic.twitter.com/a3DZmQ2OXK — Benny Johnson (@bennyjohnson) July 12, 2023
by Dismal-Jellyfish Source: https://www.bls.gov/news.release/cpi.nr0.htm All items less food and energy: Inflation and Housing: The overall index for items excluding food and energy increased by 0.2% in June. The cost of housing, represented by the shelter index, rose by 0.4% in June. Rent increased by 0.5%, and owners’ equivalent rent (for homeowners) increased by 0.4%. However, …
Are you completely exhausted from seeing your bills piling up every month? Do you feel like no matter what you do, your financial situation never actually improves? Are you noticing that your purchasing power can’t afford the same it used to just a few years back? Money trouble is keeping a growing number of Americans …
by confoundedinterest17 Nicolas Maduro of Venezuela must be envious of Joe Biden. I don’t think even Maduro has the stones to have his politiical opponent charged with espionage in the run-up to a Presidential election. Particularly when the US President has been bribed by China and Ukraine and has similiar sensitive document hoarding issues (at least Trump …