Independent thinking for complex markets and current events
Authored by Charles Hugh Smith via OfTwoMinds blog, As a result, a significant percentage of households that are considered middle-class are one misfortune away from insolvency. We can summarize the changes in our economy over the past two generations with one word: precarity, as life for the bottom 90% of American households has become far more …
#BREAKING NEWS CHINA IS CONSIDERING A PROPOSAL TO HAVE LOCAL GOVERNMENTS ACROSS THE COUNTRY BUY MILLIONS OF UNSOLD HOMES Here we go… Read: https://t.co/AkA4BX1Jt7 — Jack Straw (@JackStr42679640) May 15, 2024 China finds itself in a precarious position, caught between a rock and a hard place. To prevent further pressure on the Yuan, authorities have …
The collapse of the Dow Jones Transportation Average accelerated today. https://t.co/Lsn8Lg7H49 pic.twitter.com/5pqku3Qdjs — Financelot (@FinanceLancelot) October 26, 2023 Asian financial crisis 2.0? 👀 https://t.co/cMtcHCOXhb — Financelot (@FinanceLancelot) October 26, 2023 What BofA said couldn’t happen, just happened. pic.twitter.com/WTZWlN5CZ9 — Mac10 (@SuburbanDrone) October 25, 2023 Lesson 2: Previously, I warned that Google is in a rising …