Independent thinking for complex markets and current events
“The Fed playing God with the US economy and trying things they weren’t sure would work,” says Chris Whalen, chairman of Whelan Global Advisors. In today’s interview with Daniela Cambone, Whalen criticizes the Fed’s unconventional monetary policies—particularly the low interest rates and quantitative easing implemented during COVID. Now, the Fed is reversing some of that …
https://www.youtube.com/watch?v=DFsN38XiKeo
A student loan tsunami is coming, with 9.7 million borrowers in default for more than a quarter trillion in bad loans. Biden's student loan pause was a Ponzi — boosting spending while the debt monster grew in the dark. Now it’s hungry. pic.twitter.com/4Ojhiv8dnL — Peter St Onge, Ph.D. (@profstonge) August 14, 2025 Same store (comps) …
Under the new regulations, three other income-driven repayment (IDR) plans: Income-Contingent Repayment (CIR), Pay As You Earn (PAYE), and Saving on a Valuable Education (SAVE) are being phased out by 2028. RAP also mandates a longer repayment period of 30 years before borrowers can qualify for student loan forgiveness, unlike older plans which allowed for …
The student loan debt crisis is exploding in 2025! In today’s deep-dive livestream, we expose the shocking truth behind a $40,922 student loan turning into a staggering $118,305 repayment nightmare. This isn’t just one story — millions of Americans are facing crippling interest rates, broken promises, and government inaction. We break down the latest market …
Student loan interest resumes today for nearly 8 million borrowers enrolled in Biden’s SAVE plan. The temporary 0% interest waiver expired August 1, after being quietly applied last year following legal scrutiny of the plan’s funding structure. Borrowers will now see interest pile on top of balances again. According to the Education Department, “Borrowers should …
The One Big Beautiful Bill Act made employer student loan contributions permanently tax-free, with inflation adjustments starting in 2026. This removes the biggest barrier to adoption and is expected to accelerate uptake. Companies like Nvidia, Fidelity, and United Talent already offer monthly reimbursements ranging from $50 to $350, with lifetime caps between $10,200 and $30,000. …
Today, the feds start collecting on 5 million+ defaulted student loan borrowers with collections. We have a 20.5% delinquency rate (90 days+) – highest ever recorded (TransUnion) Tax refunds will be seized through the Treasury Offset Program. Social Security benefits cut by up… — Amanda Goodall (@thejobchick) May 5, 2025 More Than Half of Subprime …
This is Ivanpah, a solar power facility in the Mojave Desert. Fifteen years ago they got a $1.6 billion loan from the Department of Energy. Now 11 years later, the facility is closing. pic.twitter.com/Mky4KRgPPK — 🗡️🛡️Sir Rickster🛡️🗡️ (@Rickster_75) May 2, 2025
Commercial and industrial loan growth has completely stalled over the past three years. The current level of interest rates is putting considerable pressure on both credit expansion and overall economic activity, in my view. The longer this restrictive rate environment… pic.twitter.com/8n6oHTQQnY — Otavio (Tavi) Costa (@TaviCosta) May 1, 2025 This chart is NOT telling you …
The next crisis won’t look anything like 2008. That’s what makes it so dangerous. Back in 2008, the signs were clear. There was an obvious housing crisis and a collapse in banking. This time, it’s much more insidious, creeping into different sectors in ways most people don’t notice. Right now, 4.3 million Americans have been …
The automotive industry is facing unprecedented challenges, highlighting five major trends that strongly indicate a significant price correction is on the horizon. With total auto loan debt reaching an all-time high of $1.7 trillion, vehicle inventories accumulating, and looming tariffs on imported cars threatening to inflate prices further, consumers considering vehicle purchases in the next …
Gavin Newsom is spending close to $9 billion on free healthcare for illegals in 2024. Why is a single federal tax dollar going to California? pic.twitter.com/vmN8ajfsEY — Paul A. Szypula 🇺🇸 (@Bubblebathgirl) April 15, 2025
Expectations for Personal Finances drop to most bearish level in history 🚨🚨 pic.twitter.com/w7G2j4cmUP — Barchart (@Barchart) April 14, 2025 The % of borrowers at least 60 days late on their car payments has reached an all-time high 🚨 pic.twitter.com/Nl1sM8jVQg — Barchart (@Barchart) April 14, 2025 60% of general admission ticket buyers at Coachella used Buy-Now-Pay-Later …
FHA delinquencies are skyrocketing, 15.11% of all FHA mortgage purchase loans are now DELINQUENT. This excludes the loans artificially brought current by placing the missed payments to the back of the loan. In 4Q2007 FHA overall delinquencies were LOWER at 13.05 percent (vs… pic.twitter.com/WYuCYOKSFq — Darth Powell (@VladTheInflator) April 8, 2025
Student loan defaults just skyrocketed to 15.6%, the highest level on record. As a result, the NY Fed is reporting that credit scores of student borrowers are about to plunge. Potentially by as much as 150 points.
Mark Carney’s new role as Chair of Trudeau’s Task Force on Economic Growth was officially confirmed in September. On the surface, it seems like another high-level appointment, but the implications are far more concerning. The former Governor of the Bank of Canada has a new mission—supposedly steering Canada’s economic growth. Yet, only a month later, …
How on earth did the SBA end up doling out $330 million in loans to children under 11? It’s hard to believe, but that’s exactly what happened. This isn’t just some game of Monopoly—real money was handed out like candy. The question we all should be asking is: How did this slip through the cracks? …
Surely an industry with over 60% subprime loan stackers can’t go wrong (Source: Jan ’25 CFPB Report) byu/-DeBussy- inwallstreetbets https://www.consumerfinance.gov/about-us/newsroom/cfpb-research-reveals-heavy-buy-now-pay-later-use-among-borrowers-with-high-credit-balances-and-multiple-pay-in-four-loans/ CFPB report reveals nearly 2/3 of BNPL borrowers are subprime as Klarna moves to DoorDash h/t -DeBussy-
In 20 years democrats will be campaigning on DoorDash loan forgiveness — Dr. Richard Harambe (@Richard_Harambe) March 21, 2025 DoorDash (DASH) will now let people BUY NOW, PAY LATER for fast food. That is NOT a good sign for the economy. — Gareth Soloway (@GarethSoloway) March 21, 2025
With CPI 35% higher, the real financial crisis is even worse… Percentage of borrowers at least 60 days late on their car payments is at the highest on record: pic.twitter.com/1JTIwgnSWY — unusual_whales (@unusual_whales) March 20, 2025 Fed data shows that only 62% of households can come up with $2,000 for an emergency expense within a …
Average loan terms for new and used cars are close to six years and the majority of loans have terms of more than five years, as of Q2 2024. Longer-term loans can lower your monthly payments, but also cost you more in interest over time, increasing the total price of your vehicle. The average car …
Survey: Nearly half of Americans anticipate tougher credit approval process by 2026 Americans view the economic climate as getting harder, with an increasing count thinking they’ll be rejected if they apply for a credit card, mortgage or car loan, the New York Federal Reserve said Monday. The share of respondents that expect it to be …
by Truthmqne A contact at the agency just told me bombshell arrests will start to pile in regarding PPP loan fraud in the next 6-12 months. The PPP loans from Covid era are now being heavily investigated in all 50 states in America with heavy attention on New York, Ohio, Florida, Tennessee, Wyoming, Louisiana, Nebraska. …
by Mike Shedlock As borrowers struggle to keep up with car payments, auto lenders offer payment extensions to keep those loans from going bad. Car Dealership Guy reports Auto Lenders Increasingly Turn to Payment Extensions. Payment Extension Trap 60+ day auto loan delinquencies in the subprime cohort (less credit-worthy borrowers) hit 6.56% in December 2024—the highest …
by Michael More than 18 million students are enrolled at over 5,800 colleges and universities in the United States. On average, it costs more than $100,000 to attend a college or a university in the U.S. for four years. It has been estimated that a college eduction is now over 400 percent more expensive than it …
I took a $50k loan to buy TSM byu/donsade inwallstreetbets
The Biden administration will provide a record $15 billion loan to Pacific Gas & Electric to support the utility’s efforts to combat climate change and improve the power grid. The Department of Energy loan comes as a financial boon for the utility recovering from bankruptcy and facing pressure to limit rate It is expected to …
Many of us have been wondering though if the economy has been propped up by credit card spending, and it seems we are getting the answer on that now. Same thing happened in 06 credit card delinquencies spiked while mortgage delinquency/foreclosures were relatively low.. https://fred.stlouisfed.org/seriesBeta/DRSFRMACBS https://fred.stlouisfed.org/seriesBeta/DRCCLACBS Bond Default Rates Surpass 2008 Crisis Levels h/t …
