According to Challenger, the pace of hiring has fallen off a cliff. Weakest September for job creation since 2011; Searches for “second job” reach an all time high

It’s obvious the economy is a mess right now, slowest job growth in 15 years, a weakening dollar, sky-high tariffs, a government shutdown, and everything else falling apart. Meanwhile, the top 10% are chilling, barely noticing any of this, watching their net worths hit new records as the market keeps climbing. We didn’t get the …

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Trump won by a landslide, and Republicans took control of the Senate. Results for the House are still pending, but a red wave has indeed happened.

God Bless America! https://decisiondeskhq.com/results/2024/General/President/ https://decisiondeskhq.com/results/2024/General/US-Senate/ https://decisiondeskhq.com/results/2024/General/US-House/ Clean Sweep:– Popular Vote: Trump– Electoral College: Trump– House: GOP– Senate: GOP– Statehouses: GOP= MANDATE pic.twitter.com/WivK6uhLVL — @amuse (@amuse) November 6, 2024

POPCORN ALERT: USD/JPY pair falls below 144. Is a 2nd wave of global selling inevitable?

🍿POPCORN ALERT 🍿 Yep, the #Nikkei will go first 🎯 Narrator: #BOJ jawboning resumes in 10…9…8… https://t.co/0X6nwtnmui pic.twitter.com/ion27lAheV — JustDario 🏊‍♂️ (@DarioCpx) August 25, 2024 The Great Carry trade unwind. is a 2nd wave of global selling inevitable ? Breach of support ? pic.twitter.com/kuY0vJSZGX — The Great Martis (@great_martis) August 25, 2024 #JustDarioDaily ⚠️ IF …

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Chinese banks are now vanishing

🇨🇳 Why Chinese banks are now vanishing – The Economist*In the week ending June 24th, 40 Chinese banks vanished as they were absorbed into bigger ones.https://t.co/Zah97WGTZ4 — Christophe Barraud🛢🐳 (@C_Barraud) July 11, 2024 via MSN: The Chinese banking sector is facing a severe crisis. In just one week, 40 banks disappeared, and the collapse of …

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2118 bank branches closed so far this year with 60,000 layoffs and huge losses. A structural collapse seems close indeed.

by Lapuamies I can confirm Citibank is cutting people.  I have a close friend down here in Tampa, FL who works mid-level at Citibank and was just recently transferred over to a brand “newly-created” position.   Not sure where he falls in the pecking order, but judging off his home and comfortable lifestyle, I’d guess his …

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KJP: “Bidenomics Is Indeed Working!” … If The Goal Is NEGATIVE Real Weekly Earnings Growth Of -3.57% YoY, Then Bidenomics Is Working! (Even Worse For Blacks At -6.23% YoY)

by confoundedinterest17 “Bidenomics is indeed working!” claims Karine Jean-Pierre. “Cost is going down … wages going up, that is Bidenomics.” Excuse me Karine. REAL weekly earnings growth remains negative as inflation outpaces weekly earnings growth. As of Q2 2023, REAL median weekly earnings growth is a dismal -3.57% YoY. And if you are black, Bidenomics …

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Global debt levels are indeed high, and Fitch’s downgrade of its U.S. credit rating may just be the start.

Animated: Global Debt Projections (2005-2027P) 💳️https://t.co/8XFqKNQowE pic.twitter.com/v4lUyCxnDE — Visual Capitalist (@VisualCap) August 1, 2023 In 1971, global debt was a “mere” $4 trillion. In 2023 global debt is $325T excluding derivatives. How much longer can this debt bubble go? 🚨 pic.twitter.com/jJbSMdWH7h — Wall Street Mav (@WallStreetMav) August 2, 2023 The core of global debt is now …

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