A hub for independent voices and hard truths
Economic headwinds persist as 43% of small businesses struggle to pay rent, while charge-off rates on commercial real estate loans surge to nearly twice their 2020 peak levels. This trend, exacerbated by elevated interest rates and depressed asset valuations, underscores ongoing challenges in the real estate market and broader economic …
by confoundedinterest17 I said over and over again, Bidenomics will be a drag. Larger cracks are appearing in the US commercial real estate market at a time when uncertainty around the regional bank industry flashes red. The latest report from real estate data provider ATTOM shows CRE foreclosures topped 625 in March, …
Florida’s housing market is facing a storm as price cuts hit record levels, signaling potential price drops and posing challenges for both buyers and sellers alike. Key Points: Price cuts in Florida have surged to their highest level since the Global Financial Crisis (GFC). In March 2024, 30.1% of all …
by confoundedinterest17 President Obama selected Slow Joe Biden as his Vice President because 1) he was white and 2) an alleged foreign policy wizard in The Senate. Between Afghanistan, Ukraine, Israel, Taiwan and every other foreign policy disaster under his leadership, I am beginning to doubt Biden’s foreign policy acumen. …
via naturalnews Urgent action by the United States Department of Agriculture (USDA) is needed, says Consumer Reports, to address the National School Lunch Program, which is poisoning America’s schoolchildren with contaminated food. Consumer Reports testing found that more than 30 million schoolchildren in the U.S. are consuming processed foods that they say are …
This financial exposé delves into the paramount crisis currently gripping our nation. For only the second time in history, our Debt to GDP ratio has soared to 120%, a predicament we last faced during World War II. Inflation is a matter we treat with utmost seriousness. https://t.co/Oodnyytxdm — The Coastal …
Youtube short on the Austin TX housing crash. It’s already down from the mid 2022 peak 17%. The crash happens at different speeds in different places. Most will not notice the crash for a couple more years. h/t Mrbumboleh
Staggering stat from the WSJ. Banks are doing some serious can kicking so they don’t have to mark down losses on loans Only 25% of CRE loans were paid in full. Where are the regulators to end this BS? Lenders have the banks by the balls. The whole thing is …
The age of overpopulation is over. The age of underpopulation is here. After decades of warnings and fear about an overpopulation crisis, population is now rapidly declining in most of the world. The overpopulation disaster predicted by world elites did not occur. Total fertility rate is the average number of …
Cautious #ECB last week amid upside risks to inflation due to solid wage growth. More data is needed to confirm that inflation is sustainably converging to target. Encouragingly, compensation per employee eased in Q4 to 2.8% from 3.6% Y/Y in line with negotiated wages. pic.twitter.com/rLmagWxE3n — Sabrina Khanniche (@skhanniche) March …
Everything is fine … 🔥🔥🔥 pic.twitter.com/pSgXhkJunI — Wall Street Mav (@WallStreetMav) March 8, 2024 February 2024 witnessed a distressing surge in layoff announcements, marking the highest for the month since the global financial crisis of 2009, according to a report by Challenger, Gray & Christmas. The total of 84,638 planned …
‘The Duke of Sussex has lost a High Court challenge against the government over his security when in the UK. Prince Harry was contesting a decision to downgrade his security status when he stopped being a working royal. He argued he had been treated unfairly in the changes to his …
by confoundedinterest17 That’s Bidenomics for you! The Conference Board’s Leading Economic Indicators (LEI) continued its decline in January, dropping 0.4% MoM (notably worse than the -0.1% MoM expectations), and December’s 0.1% declin e was revised down to a 0.2% decline. The biggest positive contributor to the leading index was stock prices (again) at …
ATTENTION: Housing defaults have just hit the highest levels since 2013 This is now starting to look scary pic.twitter.com/IP2J3mCYHs — Bravos Research (@bravosresearch) February 18, 2024 Home prices just saw the largest year-over-year decline, dating back to 1964: https://t.co/kn2vAsyI15 — Reef Insights (@ReefInsights) February 20, 2024 Na pic.twitter.com/eBLQWa1HGM — Darth …
The Daily Gold, Released on 2/4/24 Gold has important short-term support at $2000 and Silver does at $22. If the metals lose those levels then there could be more selling. However, it could setup a significant low before the spring. Gold in a vacuum looks incredible technically. However, Gold against …
by PreviousComment1 Those 300,000 new jobs created that you heard about on the news last month? They’re all from people taking part-time jobs. We’ve lost 1.3 MILLION full time jobs since November 2023. Remember that when they try to gaslight you that the economy is doing great. The household survey, …
by confoundedinterest17 Yikes! Bidenomics is a disaster! MBA mortgage purchase applications are down 54% from Pandemic Peak. I was going to play “The Wreck of the Edmund Fitzgerald” by Gordon Lightfoot and rename it “The Wreck of The US Economy.” Mortgage demand fell to a new 30-year low in January 2024, …
Property investment in China dropped 9.6% in 2023 from the same period a year earlier, after slumping 9.4% in January-November, according to data from the National Bureau of Statistics. — unusual_whales (@unusual_whales) January 25, 2024
According to the latest annual statistics, more than 27,000 people were killed in a year but only 12% of cases were solved. Security van heists and robberies are also a serious problem, with many people relying on private security instead of police. Minister for the police, Bheki Cele, said the …
via naturalnews: New research published in the peer-reviewed Proceedings of the National Academy of Sciences (PNAS) reveals that bottled water may not be as healthy and pure as claimed due to contamination with microplastics. Researchers from Columbia University and Rutgers University found that the average bottle of water sold at grocery stores contains nearly 250,000 fragments of harmful …
One clue lies in a sweeping annual survey commissioned by the American Psychological Association to explore what the authors call “the psychological impacts of a collective trauma” from the pandemic, “global conflicts, racism and racial injustice, inflation and climate-related disasters.” According to the report, titled “Stress in America,” just 34 percent of …
Subprime Auto-Loan Delinquencies Rise to 2019 Levels: a Dive into Subprime Lending and Securitizations pic.twitter.com/A5gyIrxj3e — QUACK (@RichQuack) January 14, 2024 Credit Card Debt Climbs: 56 Million Americans in Prolonged Debt Amid Economic Pressures The credit card debt situation in the U.S. is becoming increasingly concerning, with a record $1.08 …
New documentary exposes wind industry’s harmful impact on whales, contradicting denials by government and media. Evidence shows increased offshore wind activity correlates with rising whale deaths, challenging claims of no direct link. Illegal noise levels from wind industry activities threaten critically endangered North Atlantic right whales. Scandal reveals corrupted political, …
The surge in Americans holding multiple jobs, surpassing recession levels, is a red flag for economic well-being. Despite government assurances of a soft landing, the reality is stark – many are compelled to juggle multiple jobs merely to make ends meet. This disturbing trend, reaching heights not seen since past …
In case there is still any confusion: "Prices are unlikely to return to pre-Covid levels. It would probably take a historically painful recession to engineer that degree of deflation. In other words, past inflation is mostly water under the bridge for the Fed." – BofA — zerohedge (@zerohedge) December 26, …
by confoundedinterest17 You better think twice! Mortgage demand has fallen to its lowest level since 1995. Mortgage applications decreased 1.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 15, 2023. The Market Composite Index, a measure …
In the current financial landscape, a palpable tension brews as markets lean towards anticipating an imminent Fed pivot, contrary to the central bank’s official stance. The prevailing sentiment suggests greed levels in the market are soaring to multi-year highs, as evidenced by the resilience of the S&P 500, even in …
Mainstream media faces a dire decline, losing 40% of online audience since 2020, triggering attacks and revealing an existential struggle. What is even worse are the physical subscription numbers. The physical US Newspaper circulation is below what was distributed in 1940. Is this a spiral of doom for mainstream media? …
