A hub for independent voices and hard truths
“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 …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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… …
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 …
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 …
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 — …
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 …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
