Independent thinking for complex markets and current events
Despite recent highs in the S&P and Nasdaq, Rosenberg warns of imminent economic downturns that could have devastating effects. From rising delinquency rates in consumer credit to the bursting of the Canadian housing bubble, tune in to discover a what lies ahead for our economy and your portfolio.
Ted is correct. The last three years has been like a pirate ship without a captain. The crew went rogue with trillions of dollars and blew up everything. We currently have the worst federal administration of all time. At the current deficit spending rate (assuming it stays constant w/o recession) we will be $60+ trillion …
SAN FRANCISCO — Campbell Brown, Facebook’s top news executive, left the company this month. Twitter, now known as X, removed headlines from the platform days later. The head of Instagram’s Threads app, an X competitor, reiterated that his social network would not amplify news. Even Google — the strongest partner to news organizations over the …
Apple says in this video "our aim is to permanently remove all carbon from the atmosphere" That would quite literally destroy the planet. https://t.co/OSuEOKSPWQ pic.twitter.com/O6jQF7oyiu — Greg Price (@greg_price11) September 13, 2023 If you can convince people carbon is poison, you can convince them of anything. They don’t realize ultra-rich families pay scientists to make …
My visit to a NYC drugstore today: – Passed a group of illegal aliens– Walked through a cloud of pot smoke– Everything locked behind glass– Half of the customers masked– Others asking the pharmacists how soon the new booster will be available Our cities are gone. — Monica Crowley (@MonicaCrowley) September 8, 2023 Again – …
https://archive.is/JGzhs Facebook interfering with Australian Referendum THE FACT CHECK FILES: Inside the secretive and lucrative fact checking industry behind a foreign-funded bid to censor Voice debate Two of Australia’s most powerful universities and a multi-billion dollar tech giant are fronting campaigns to silence news coverage of the Voice to influence the referendum, writes Jack …
The US just published their budget numbers showing a $221 BILLION deficit in July ALONE. With $276 billion in receipts, the US spent a massive $497 billion last month. Total interest on US debt YTD is now at $726 BILLION. Needless to say, our spending problem is getting worse. pic.twitter.com/SkunIGS4t9 — The Kobeissi Letter (@KobeissiLetter) …
by Chris Black FYI, Germany (just like Japan and South Korea) is under American occupation since 1944. They don’t have their own government (forget about elections lol), even the constitution was written by foreigners. It is part of German law that every government in Germany can only exist with the approval of the United States, …
Guest Post from Wolf Richter at WolfStreet.com: Where does the money come from? They now out-earn inflation, they earn interest income, and they dipped into their assets whose prices ballooned over the years. Consumer spending, adjusted for inflation and for seasonal factors jumped by 0.5% in April from March, after two months of declines and …
