Independent thinking for complex markets and current events
by confoundedinterest17 Now you know why Joe Biden has fund raisers in Hollywood and New York where the elites (the top 1%) live. Biden is the President of The Elites, not the middle class. How bad it is? The top 1% now have more household wealth than the entire middle class. Note that the recent …
by confoundedinterest17 Under Bidenomics and Fed monetary “policies”, we now have the wreck of the US middle class. To begin with, America’s paychecks are bigger than 40 years ago, but purchasing power of those larger paychecks is about the sames as it was 40 years ago. Great job Washington DC!!! … NOT!!!! Meanwhile, credit card delinquencies …
China once enjoyed an optimistic and confident middle class. It supported the economy’s growth path with sometimes exuberant spending and aggressive investing. Sadly, those millions are now losing ground, with many slipping back toward poverty. This is no small problem for the Chinese Communist Party (CCP). It has long had an implicit contract with the …
by Michael Did we just witness a moment that will permanently alter history? As I write this article, the entire world is waiting for confirmation that Iranian President Ebrahim Raisi is either dead or alive. If it turns out that he is dead, that will be really bad news, because that could push the Middle …
🇹🇷 Meanwhile in Turkey A snow storm hits Turkey in the Middle of May. Yes this is extremely unusual, yes this isn’t natural, yes this those that follow this account know why…… pic.twitter.com/Uy1WvUTuSX — Concerned Citizen (@BGatesIsaPyscho) May 15, 2024
You’ll own nothing and be happy If current financial trends continue, middle-class Americans may find things they used to afford unattainable. Over the next five years, housing, healthcare, and transportation could exceed the budget of average earners. Though this trend is troubling, there are things that can help, like solid financial planning and changes to …
Two Middle Tennessee companies laying off combined 1,800 workers NASHVILLE, Tenn. (WZTV) — More layoffs are hitting Middle Tennessee as two Midstate companies plan to let go of nearly 2,000 workers combined. National Aerospace Solutions, LLC (NAS) in Tullahoma filed an official WARN Notice with the Tennessee Department of Labor and Workforce Development on Wednesday. https://wcyb.com/news/local/two-middle-tennessee-companies-laying-off-combined-more-than-1800-workers-national-aerospace-solutions-tullahoma-sodexo-live-nashville-tennessee-department-of-labor-and-workforce-development
by confoundedinterest17 Fed Chairs Ben Bernanke and Janet Yellen started the home price fire that Powell is trying to extinguish but can’t. Throw in a 10% burst in illegal immigration and Biden/Mayorkas just added fuel to an already out-of-control fire. Housing is becoming an exclusively upper-class privilege in a growing number of cities. According to a new …
Housing is becoming an exclusively upper-class privilege in a growing number of cities. According to a new study by Creditnews Research, in 2024, middle-class households could afford to buy an average home in just 52 of the country’s 100 largest metros. Just five years earlier, they could afford a home in 91 of the top 100 metros. …
They knew what was coming. Iran is about to stop oil shipments from the middle east. Soon the only choice will be electric vehicles or Public Transportation. Now you know why they’ve been pushing this so much recently. AC
The # is shocking to me. I had no idea. Nice map from CNN with an overview of U.S. force posture & surrounding Iranian proxies in the Middle East pic.twitter.com/QS9CETQ2Je — Ian Ellis (@ianellisjones) February 5, 2024 h/t Dale Cooper
by Michael Did you see what just happened in Damascus? In an absolutely stunning move, Israel took out the head of the Iranian Revolutionary Guard Corps. Needless to say, the Iranians are absolutely furious and they are promising a “harsh” response. For a long time, I have been warning my readers that an apocalyptic war in the …
Uncover the bitter truth surrounding the fate of the middle class in the United States through these 30 eye-opening statistics. From income stagnation to rising economic challenges, prepare to witness the many factors that have been plaguing and swallowing the backbone of America’s workforce today. https://www.youtube.com/watch?v=6j1lqon93Gw
View post on imgur.com View post on imgur.com h/t dr0id
Damage to submarine cables in the Red Sea is disrupting telecommunications networks and forcing providers to reroute as much as a quarter of traffic between Asia, Europe and the Middle East, including internet traffic. Cables belonging to four major telecoms networks have been “cut” causing “significant” disruption to communications networks in the Middle East, according …
America has two simultaneous problems – record homelessness, and record high rents. Plus groceries are still as expensive as ever and it seems like things just get harder and harder for average Americans…. why is that?
She shouldn’t have had kids, if they are to bothersome for her. This mom who does OnlyFans is upset that she had to stop in middle of the day to go pick up her young sick son from school. Where is CPS? https://t.co/WUXnWlS8uc — Libs of TikTok (@libsoftiktok) February 28, 2024 h/t Mason Firefly
by confoundedinterest17 According to mythology, Hades made King Sisyphus roll a huge boulder endlessly up a steep hill in Tartarus. Unfortunately, the modern day version of Sisyphus is the middle class pushing a boulder endlessly up a steep hill while the top 1% (the elite class) horde more and more wealth. An example of the Sisyphus economy? …
The American middle class, once a symbol of the American dream, is facing unprecedented challenges today. In this eye-opening video, we delve into the harsh reality of how the middle class is being wiped out, struggling to make ends meet amidst soaring costs and stagnant wages. From skyrocketing housing prices to mounting debt and diminishing …
via Simon Watkins The ability of either the U.S. or China – or even both working together – to contain Iran’s response to the attacks on its military proxies may have disappeared with the latest U.S. attacks on them. The U.S.’s toleration of increased oil flows from Iran to China also meant that Beijing was …
The # is shocking to me. I had no idea. Nice map from CNN with an overview of U.S. force posture & surrounding Iranian proxies in the Middle East pic.twitter.com/QS9CETQ2Je — Ian Ellis (@ianellisjones) February 5, 2024 h/t Dale Cooper
US DoD official: “B-1 Bombers have left Lakenheath Air Base in Britain on a mission towards the Middle East.” It is unknown if the bombers are for the Red Sea operation or part of Biden’s planned retaliation strikes for the Jordan attack. Source: Sky News 🚨🇺🇸BREAKING: U.S CONFIRMS BOMBERS HEADING TO MIDDLE EAST US DoD …
In a rapidly developing situation, US B-1 bombers have left Lakenheath Air Base in Britain, heading towards the Middle East, as reported by a US Department of Defense official to Sky News Arabia. Simultaneously, a shocking report emerges as Yemen Houthis threaten to cut an underground fiberoptic cable in the Red Sea if the US …
In the heart of the Middle East, tensions simmer as the specter of conflict looms larger than ever. Recent reports of U.S. preparations for retaliatory strikes against Iranian assets in Iraq and Syria have sent shockwaves through the region, raising fears of a potentially devastating escalation. As the geopolitical chessboard is set for another round …
The US will defend its personnel and interests, and has taken significant action to deter groups and degrade their capabilities in Iraq, Syria and Yemen, he said. President Biden has been “very clear that we want to prevent broader escalation” in the region but has also warned that the US will respond “strongly” to anyone who will …
Biden faces pivotal moment as he weighs retaliation for soldier deaths in Jordan drone strike As early as tonight, President Joe Biden will authorise US military action in the Middle East. It is likely to be one of the most consequential decisions of his presidency. At stake, the credibility of American deterrence and the teetering …
While I didn’t see any snow when I lived in California, I was always hopeful to see a flurry or something aside from sea fog. By middle of next week — Feb 7, the weather pattern shifts to bring conditions that “could” drop snow at sea level. Where does the cold air in California come …
