A hub for independent voices and hard truths
Unemployment and supply of homes are correlating higher now as well pic.twitter.com/cfgrH7wAsT — The Coastal Journal (@1CoastalJournal) March 26, 2024 The real estate rollercoaster is hitting some unexpected twists and turns, with February delivering a double whammy of unsettling news. …
Oh, you thought “higher for longer” was referring to interest rates? We were actually referring to inflation pic.twitter.com/qf9fCDQwGM — Amy Nixon (@texasrunnerDFW) March 25, 2024 Globally coordinated inflation control via currency pairs. Headlines keep us entertained https://t.co/6krD7t0NOx — Silverbark #fixourmoney …
We have witnessed 55 global central bank cuts over the past 6 months. pic.twitter.com/OMmmknu96m — Piker Capital (@PikerCapital) March 25, 2024 https://twitter.com/TorbjornIwarson/status/1772043184283017567 After all looks like gold is going to test sub $2,145 level before turning back up higher. As …
“Since Q1 ’22, rest of the world has had change of attitude toward the US dollar and fewer people are willing to hold it for reserves and trade; it’s not a flood yet but bad enough to show up in …
Fed Chair Powell is kicking off the Q&A portion of his press conference now. Even as inflation has been reaccelerating, the Fed doesn't seem to concerned. A long pause still seems to be needed right now. Follow us @KobeissiLetter for …
Current Inflation Track Compared to the 1970s – higher rates and bank chaos ahead. byu/j_stars inWallstreetsilver BREAKING: February CPI inflation rate RISES to 3.2%, above expectations of 3.1%. Core CPI inflation fell to 3.8%, ABOVE expectations of 3.7%. This is …
There’s a highly organized, concerted effort underway here in NH to get outrageous amounts funded for NH schools and education agendas. I smell a racket in the making. This organization seems suspect and needs more looking into – which leftist/globalist …
Sharp increase in mortgage borrowers filing for bankruptcy called ‘worrying trend’ More Canadians are beginning to crack under the pressure of increased mortgage payments, new data on consumer credit showed today. Article content Mortgage delinquency rates were up more than …
From Peter Reagan for Birch Gold Group It’s quite possible that economic conditions are bad enough that price inflation will continue to persist, much like it did in the 1970s, and well into the 1980s. In fact, three years into President Biden’s first …
The rise of defaults and bankruptcies are just in the early stages. Plus, the dollar exposure is gigantic (CRE alone is $1.2T of distressed assets). Numerous small & medium size banks failures are coming to a community near you. — …
As inflation remains stubbornly high, farmers throughout the Western world are warning that cost increases from the net zero movement will drive food prices still higher, while simultaneously putting many smaller farmers out of business. January inflation numbers showed that prices increased …
Hundreds of flight attendants took to the picket lines Tuesday to push for better pay. The picket lines, which are expected to last one day, are made up of flight attendants from 24 airlines like Southwest, American and United. The …
by confoundedinterest17 As some fans celebrate the Kansas City Chiefs Superbowl victory over the San Francisco 49ers (the game was so much like bread and circuses from the Roman Empire except for who is being thrown to the lions), we …
by confoundedinterest17 As Commander Cody sang, “We have too much debt.” “The prices of some things will decline. Others will go up. But we don’t expect to see a decline in the overall price level,” said Federal Reserve Chair Jerome Powell, Nvidia …
by confoundedinterest17 Constitution Avenue in Washington DC is actually becoming Tobacco Road. No, not the dysfunctional family of Georgia sharecroppers during the Great Depression, but the Treasury Borrowing Advisory Committee (TBAC). On Monday, after we got the first part of the Treasury’s …
A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S. Federal Reserve. JPMorgan Chase, Citibank and Goldman Sachs are on the list of major banks that, using their trade group, …
COPENHAGEN, Denmark — Men with enlarged breast tissue, which people often call “moobs” or “man boobs,” face a higher risk of premature death before the age of 75, a new study warns. This condition, medically known as gynecomastia, typically results from a …
$7.6 trillion of US government debt will mature in the next year, adding pressure on rates A whopping $7.6 trillion in interest-bearing US public debt will mature within a year, Apollo’s chief economist said in September. That represents 31% of …
by Mike Shedlock To meet GDP demand of the Chinese Government, unproductive debt in China soared out of sight. Who will pay for the losses and cleanup? Image clip from video below. Local Chinese Debt in Need of Bailout The …
These protests are rapidly expanding and a national day of protest in planned for January 8, 2024. Many of the working class are expected to join in. Yet, Germany’s Socialist-Green government, led by Olaf Scholz, continues to stick to its …
Is McDonald's pricing themselves out of the fast food market? Their reputation was for cheap food. Now people are realizing that with higher minimum wages ($15 to $20 per hour) and high food costs, now McDonald's is costing just as …
Peter Boockvar, Bleakley Financial Group, and Katerina Simonetti, Morgan Stanley, join ‘The Exchange’ to discuss the surge in gold prices, what’s behind the rally and more. The Summer of Central Bank Gold Buying Extends Into the Fall Central banks gobbled …
Autoworker strike cost GM $1.1B, a cost it says it can absorb as it announces massive stock buyback General Motors says pretax earnings took a $1.1 billion hit this year due to a six-week strike by autoworkers, but the company …
Bank of Japan’s paper loss on JGB holdings grows to record $71bn Higher rates could erode finances if central bank moves toward easing exit TOKYO — The Bank of Japan’s unrealized losses on its Japanese government bond holdings swelled to …
via nysun: New York City consumers could pay more for meals at home, and face fewer options for delivery across the city, after a judge allowed a new minimum wage to go into effect for app-based food delivery people. The …
via phys.org: A behavioral economist at the University of Bath in the U.K. has found evidence linking higher levels of unwarranted financial optimism with lower levels of cognitive ability. In his study, published in the journal Personality and Social Psychology Bulletin, Chris Dawson …
The recent ruling by the German constitutional court, declaring the government’s Climate Budget fund as illegal and unconstitutional, has delivered a sudden blow, tearing a significant 60-billion-euro hole in the budget virtually overnight. With an additional 200 billion euros at …
