Independent thinking for complex markets and current events
The average German believes that the government should take as much as possible from him, give some of it back as “free” healthcare, education, daycare spots, etc., and distribute the rest to people who have never contributed anything to society. — 𝒜𝓁𝑜𝒾𝓈 𝐻𝒾𝓃𝑔𝑒𝓇𝓁 (@alois_hingerl) March 25, 2026
The economy might hum along on paper, but real demand and real buying power are trapped at the top. US consumer spending is extremely concentrated among high-income households: Households in the top 20% of the income distribution now reflect ~39% of all spending on goods and services. Their concentration is even higher in new vehicle …
Voters’ views of the economy have dimmed in recent months, as economic concerns that helped return President Donald Trump to the White House are now weighing on his approval ratings in the latest Fox News poll. The survey, which was conducted Friday through Monday, found that three quarters of voters viewed the economy negatively – …
Why does it feel like no matter how hard you work, you’re still falling behind? It’s not in your head. There are real, systemic reasons why millions of Americans are getting poorer while working harder than ever. In this video, we’re breaking down 15 reasons why so many people are struggling to get ahead right …
by Michael Do you want to see a very clear sign that our standard of living has gone way down? When I was growing up, middle class and low-income Americans flocked to fast food restaurants such as McDonald’s and Wendy’s. But now we are being told that high prices have “driven away lower-income customers” from McDonald’s, …
The majority of Americans think there should be a third political party in the U.S. — but few voters would be “very likely” to back a third-party candidate, according to a Gallup survey released Monday. The newly released poll found that 62% of Americans thought a third political party would be needed, while 30% said …
by Michael Millions of Americans are discovering that at some point the money runs out and the party is over. Vehicles are being repossessed at the fastest pace since the global financial crisis, foreclosure filings are up 18 percent compared to last year, and student loan delinquencies have soared into unprecedented territory. Nobody can deny …
The University of Michigan Consumer Sentiment index has moved down to 55, a reading below 99% of historical data points going back to 1952. But at the same time, US Retail Sales grew 4.8% over the last year, outpacing inflation by 1.8%. We’ve never seen a disconnect this wide between what the US consumer is …
Two things shown in this chart.1. Poor people getting poorer.2. Unprofitable datacenters getting…unprofitabler.#AiMania https://t.co/RFe9ukQGAf — Nobody Special (@JG_Nuke) September 21, 2025 pic.twitter.com/EEXeqZLRFg — Nobody Special (@JG_Nuke) September 21, 2025 Trump certainly hasn't helped any of these things, and has made some of them worse. But everything you just listed was a problem either caused, ignored, …
https://www.youtube.com/watch?v=DFsN38XiKeo
Poor thing. Then don’t take benefits. — Paul A. Szypula 🇺🇸 (@Bubblebathgirl) August 20, 2025
She is so funny. Try not to cringe. Kamala Harris spirals into a full cackle outburst while trying, and failing, to explain what her book is actually about: “There's a lot of personal stuff in the book. I mean, poor Dougie.” *cackle* x 10 “Dougie kind of dropped the ball at my big… pic.twitter.com/b6xMXKIdZK — …
Owning a home is still touted as the number one goal that Americans should strive for. The American dream. However that American dream is costing people serious money because the cost of owning a home is going up substantially along with that equity.
1/5 So, the @federalreserve has allowed inflation expectations to become COMPLETELY unhinged, yet again, which means, soon, a surge in inflation is coming to a grocery "shelf" near you/me. Yet, instead of the folks who "have a voice" demanding to know why J. Powell… pic.twitter.com/D7OvkfZsYD — Gordon Johnson (@GordonJohnson19) April 29, 2025 3/5… phenomenon (i.e., …
FreeTaxUSA lures you in with a promise: free federal and state tax filing if your adjusted gross income is under $48,000. But there’s a quiet trick built into the system. That free state filing? It’s only available through a special corner of the website called the “Free File” portal—a hidden path that requires a separate …
by Mike Shedlock The GDPnow Nowcast for the first quarter took a dive on February 14. Weather-related utility production lessened the blow. GDPNow data from the Atlanta Fed, chart by Mish There were three significant reports on February 14: Retail Sales, Industrial Production, and Import-Export Prices. Import-Export Prices did not seem to matter. Contributions to …
America’s debt crisis just continues to get worse as we continue to carry higher and higher balances from month to month, at a time when credit card interest rates are practically at all time highs. At the same time, we have more and more people only paying the minimum payments each month. Americans are essentially …
RALEIGH — During each election cycle, we are treated to an endless parade of politicians extolling freedom. Given how many of them subsequently vote to restrict our freedom in myriad ways, we have ample reason to be skeptical about politicians. But we should not let our skepticism become cynicism, or realism become defeatism. The cause …
Yes Have fun being poor! https://t.co/wZBKbns3mO — QE Infinity (@StealthQE4) June 28, 2024
by Chris Black The guy is a mess. Most people his age are in nursing homes or dead. New York Times: President Biden angrily hit back against a special counsel’s report on his handling of classified documents on Thursday, denying that he willfully retained papers that he was not entitled to keep and insisting that “my memory …
Reporter: “Where are you from?” Middle Eastern illegal migrant: “Soon you will know who I am. Believe me. You will see.” Reporter: "Where are you from?" Middle Eastern illegal migrant: "Soon you will know who I am. Believe me. You will see." pic.twitter.com/arTVxIGTgr — End Wokeness (@EndWokeness) January 21, 2024
via euronews More than half of Europeans say their budget has tightened over the past three years, according to a recent study. Rising prices have pushed almost one-third of Europeans into a “precarious” financial situation, a recent survey has found. The second European Barometer on Poverty and Precariousness examined Europeans’ ability to make purchases and …
Liberal Party Vice-President Teena McQueen says Joe Biden “won’t win” the 2024 Democratic nomination with Robert F. Kennedy Jr in the running. Her comments come as Robert F. Kennedy Jr announced his presidential bid on Wednesday in Boston. “I do think he will have some sentimental support, I think poor old Joe won’t win against …
