Independent thinking for complex markets and current events
by Martin Armstrong Around 29% of low-income American households are currently living paycheck to paycheck, according to a new study by the Bank of America Institute, up from 23.5% in 2024. Spending on necessities such as groceries, utilities, housing, autos, and credit cards now exceeds over 95% of household income for over a quarter of …
Charity boss blew $11M meant for needy kids on mansions, flashy yellow Mercedes for her lover: feds https://t.co/YOsl8oAAKP pic.twitter.com/ip4tgNdcoq — New York Post (@nypost) October 22, 2025 She was hungry for money. A Missouri charity boss swiped nearly $11 million meant for starving, low-income kids and blew it on lavish items such as mansions and …
California just redefined “low income” and it no longer means what people think it does. A single person earning $111,700 in Santa Clara County now qualifies. In San Francisco, Marin, and San Mateo counties, the line is set at $109,700. These are the official income limits for 2025, released by the Department of Housing and …
President Trump told reporters on July 25 that his administration is “thinking about a little rebate” for Americans using tariff revenue. The remark came during a press pool exchange before his departure to Scotland. He added that the rebate would target “people of a certain income,” though no thresholds were specified. The idea is not …
The global consumer is in secular decline (with an average 10:1 spending, saving, consuming capability over low-income nation consumers) …and the global low-income nation producers will have fewer and fewer customers of means to purchase their products. Few will acknowledge that a “free-market economy” amid depopulation of consumers is incompatible with a financial system that …
In recent years, large investment firms have shifted their focus from single-family homes to trailer parks, exploiting the lack of regulations to maximize profits at the expense of residents. This has led to significant rent increases, pushing many low-income residents out of their homes. This article explores the impact of this trend and provides practical …
https://twitter.com/GayBearRes/status/1784681285287305318 In Seattle and across the country, nonprofits that operate low-income housing face a skyrocketing balance of unpaid rent. In the Seattle area, the total rent debt across all tenants is estimated at $170 million, according to the National Equity Atlas, the vast majority of it belonging to low-income households. Across the country, the total …
More low income earners in the Us are not dining out, per Reuters: pic.twitter.com/oAbUo1h9D0 — unusual_whales (@unusual_whales) April 8, 2024 “Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald’s (MCD.N), opens new tab and Wendy’s (WEN.O), opens new tab recently said they …
by bitkogan Bloomberg has reported, citing a study by Propel Inc., that a growing number of low-income Americans are struggling to make ends meet—falling behind on rent and having difficulty affording food. This is happening even as inflation appears to be slowing down. These developments could indicate that the strategy of “helicopter money,” or pumping liquidity …
