At least one dead in luxury resort inferno
From luxury getaway to chaos in minutes. What went wrong here? — Charles (@Charles47674402) June 20, 2026
inferno!
10 Dead, 10,000 Structures Burned In Los Angeles Area Inferno As Fire Damage Could Exceed $150 Billion
Fires raging across the Los Angeles area entered their fourth day, killing at least ten people, forcing the evacuation of 180,000 residents, and destroying more than ten thousand structures. Preliminary estimates place damages and economic losses up to $150 billion. As of Friday morning, five fires are burning across the LA County area. The largest, …
US Fiscal Inferno! US Government Debt Now Bigger Than US Economy, But Unfunded Liabilities (Promises) Are $632k Per Citizen (As California’s Governor Newsom Gives Away Free Healthcare To Illegal Immigrants)
by confoundedinterest17 Yes, the US is engulfed in a fiscal inferno! US government debt is now bigger than the US economy. This was unseen until 2012 when debt surpassed GDP for the first time. In addition to almost $34 trillion in debt from our crazy spending, out-of-control government, we are on the hook for almost $213 TRILLION …
Biden’s Fiscal Inferno! Treasury Warns Budget Deficit Up 13%, Debt Reaching $34 Trillion (Don’t Forget About $212.5 TRILLION In Unfunded Liabilities)
by confoundedinterest17 It‘s Biden’s Fiscal Inferno! Insane open borders, insane green spending, wars in Ukraine, Gaza and growing restlessness around Taiwan. Inflation. And a demented 81-year old President in charge. The U.S. government ran a budget deficit of $381 billion so far into the 2024 fiscal year, which represents a 13% increase from this same time …
Fiscal Inferno! Banks Draw On Term Funding Program (BTFP) As Consumer Sentiment Remains Bleak (Newsom Defaults On $20 BILLION Federal Loan)
by confoundedinterest17 Both the US Federal government and California’s government are facing a fiscal inferno. Thanks to a softening economy and inane fiscal policies. At the macro level, we see that The Federal government has gone wild spending money and borrowing it. Much more than businesses and households. Biden’s wild spending reduces the degrees of freedom that …
Addicted To Gov! $350 Billion In Brand New Central Bank Behind Market Rally (On Top Of US Fiscal Inferno!)
by confoundedinterest17 You might as well face it, markets are “addicted to gov.” Government monetary interference, that is. Government money printing and massive Federal spending. According to Goldman calculations, $350BN of liquidity (in USD terms) was added in November from the G4 central banks + the PBOC was nothing short of a fire hose. In fact, this was the third …
Fed Inferno! US M2 Money-Supply Growth Falls To Depression-Era Levels For Second Month In April (As M2 Money Velocity Remains Near Historic Lows)
by confoundedinterest17 It is truly a Fed Inferno! Money supply growth fell again in April from Jerome Powell And The Fed, plummeting further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. April’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past …
Fed Inferno! Is The Federal Reserve Actually The US Economy? Or Is The Fed The DNC De Facto Treasury?? (M2 Money UP 167% Since Nov ’08)
by confoundedinterest17 Fed inferno! One has to wonder about The Feral Reserve. Since The Great Recession of 2008, The Federal Reserve has printed a staggering amount of money (know as QE). There is still about $8.3 TRILLION in monetary stimulus sloshing around the economy. And M2 Money printing is up 167% since November 2008. So, …