A hub for independent voices and hard truths
The interest on our colossal national debt is the nation’s second-largest expense. And the situation is only getting worse. The nation’s Medicare and defense programs are expensive. But the cost of the national debt surpasses each of them. During the …
The US is currently paying $2M PER MINUTE on interest payments on outstanding debts…let that sink in https://t.co/MaE8BdULmj — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) May 14, 2024 Let’s talk about something we can wrap our heads around: the US vs. …
Yet the payments due last week were for bonds issued under a Chinese scheme where state-owned financial institutions guaranteed debt issued by a handful of major private developers, including Country Garden. About 33.7 billion yuan ($4.6 billion) of bonds have …
In a delicate balancing act, the Federal Reserve chose to keep its benchmark interest rate steady, resisting the pressure to cut rates as the economy faces cooling growth alongside persistent inflationary pressures. As households and businesses await the central bank’s …
🇺🇸 US net interest and miscellaneous payments on assets by private enterprises $95.2 billion. 𝗟𝗼𝘄𝗲𝘀𝘁 𝘀𝗶𝗻𝗰𝗲 𝗤𝟰 𝟭𝟵𝟳𝟲! Locked in debt at cheap funding rates when the Fed had rates at zero and invested cash to earn higher interest income …
by confoundedinterest17 The US debt and Federal spending is out of control. As is entitlement spending. In 2007, the U.S. national debt was below $10 trillion, and the budget deficit was about $160 billion. Federal spending was about $3 trillion, and interest …
Interest in selling a rental is rising. https://t.co/WeBG15EzoS pic.twitter.com/IyPj4PYDXc — Darth Powell (@VladTheInflator) April 26, 2024 Congrats housing market, March was the best you'll see for the rest of the year pic.twitter.com/pfpPm5YZJM — Darth Powell (@VladTheInflator) April 26, 2024
There is growing concern about the Federal Reserve’s decision to raise interest rates. Initially, this decision was seen as a necessary step to fight inflation, but now it is causing anxiety that could destabilize the economy. This decision had a …
As the IMF’s Gita Gopinath highlights the repercussions of high U.S. deficits on global economic dynamics, concerns arise over the sustainability of economic growth amid rising deficits and the need for comprehensive fiscal reforms. Important Information and Details: IMF’s Gita …
The Guardian: Low-carb diets work. Why does the American Diabetes Association push insulin instead? The American Diabetes Association takes millions from companies that stand to profit from our reliance on drugs. Is that affecting their guidance? For a glimpse into …
Mom, 28, forced to sell her dream car after forking out $40,000 in INTEREST alone over three years – as America’s auto debt spirals to $1.6 TRILLION. Despite paying $1,400 a month in payments totaling more than $50,000, she still …
Tommy Tuberville’s recent stock transactions have once again drawn scrutiny, particularly his purchases of $HUMA shares, known for their tissue implant technology, just before the Ukraine conflict escalated. His position on the Armed Services Committee adds another layer of concern, …
Linkhttps://t.co/NfB6cG2eI4 — QE Infinity (@StealthQE4) April 14, 2024 Yep and they still hold a lot of zero yielding treasuries. — QE Infinity (@StealthQE4) April 14, 2024
US debt interest to surpass Social Security, hitting $1.6 trillion by 2024. With rate cuts off the table, it’s imperative to reduce government spending. The average interest rate on all debt held by the public was 2.5% in 2023. The …
In fiscal year 2024, U.S. national debt interest has exceeded spending on the military. The federal government spent $412 billion on military programs at the Department of Defense during the first half of FY2024. However, the rapidly growing cost of servicing the national debt surpassed military spending. Interest expenses …
https://wallstreetonparade.com/2024/04/for-the-first-time-in-history-the-fed-is-reporting-billions-in-losses-weekly-its-still-paying-high-interest-income-to-the-mega-banks-on-wall-street/ The Federal Reserve is losing billions of dollars weekly for the first time ever. Here’s the breakdown: The Problem: The Fed gets low interest (~2%) on the massive amount of bonds it bought during economic stimulus programs (QE). However, they pay …
Inflation seems to be spiraling out of control, with ominous warnings of 8% interest rates and rising gold consumption. Just think. Three months ago the street saw 6 rate cuts coming in 2024 😂 8% interest rates would put mortgage …
Credit card interest rates just hit a new record high in Feb – American families are paying over $240 billion a year just in interest on this debt, before a single dime goes to paying down the principal: pic.twitter.com/N6UxBnyZcl — …
Publisher DROPS Biden Book Due To Lack Of Market Interest We all know Biden is having a book published about him. It was a central component of his mishandled documents case, where he was deemed too feeble to be tried. …
Q1 ENDS WITH CITIGROUP “REFUSING” TO PAY INTERESTS DUE ON A REPUBLIC OF NIGERIA NOTE… 🤨 The fun part? As you can read here the #DTCC is totally “relaxed” about it… https://t.co/VMZ02Qsr2o pic.twitter.com/W5vS1OYTWs — JustDario 🏊♂️ (@DarioCpx) March 28, 2024
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 …
Following two years of interest rate hikes by the Federal Reserve, and just one day before the central bank’s meeting on Wednesday, Senators Elizabeth Warren and Sheldon Whitehouse, both climate alarmist Democrats, wrote a letter to Fed Chair Jerome Powell …
CNN — Former President Donald Trump must come up with the full amount to cover the $454 million verdict in the civil fraud trial, an appeals court judge ruled Wednesday. Associate Justice Anil Singh, however, lifted a ban on Trump’s …
The drumbeat for change is getting louder and clearer, with the European Central Bank finding itself at a critical crossroads. The time has come, not just for contemplation but for decisive action, as the voices from within its own ranks …
BIDEN'S TREASURY SEC. YELLEN: "Americans are seeing the costs of some goods that are important to them, like rent, having increased…" pic.twitter.com/rGxk7bFxw7 — Breaking911 (@Breaking911) March 13, 2024 US Treasury Secretary Yellen: it seems unlikely that interest rates will return …
This is an amazing number to watch in the next few years. Individual income taxes are about 1/2 of the govt revenue. For February, the US govt collected $120 billion from individual income taxes. They had to spend $76 billion …
Rand Paul for Senate leader https://t.co/PSWuL7q7Xr pic.twitter.com/qIflF6yZzJ — Citizen Free Press (@CitizenFreePres) March 8, 2024 🚨🗳️VOTE NOW 🗳️ 🚨 Who would you like to be the next Senate leader? — Rand Paul (@RandPaul) March 8, 2024
March is bringing more than just the promise of spring; it’s also delivering a dose of economic tension as regional banks find themselves in a pressure cooker. High-interest rates coupled with challenges in the commercial real estate market have set …
