Government’s rising unproductive spending crowds out private investment, threatening an imminent collapse.

The government is absorbing more of the economy into less productive spending, displacing private sector activity, while crowding out investment as credit gets tied up in treasuries. We're one market panic away from collapse. — Nova Empirica (@TabulaStellar) October 4, 2024 WTI call options volume has risen the most since 2016 shit about to hit …

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Top Economist in China Vanishes After Private WeChat Comments

A prominent economist at one of China’s top think tanks was placed under investigation, detained and removed from his posts after he allegedly criticized leader Xi Jinping’s management of the world’s second-largest economy in a private chat group, according to people familiar with the matter. The investigation of Zhu Hengpeng, who for the past decade …

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33 million small businesses, employing 46% of private sector workers, report 37% earnings decline from rising costs.

The United States' 33 million small businesses employ about 46% of all private sector employees, according to the Small Business Administration, and were responsible for 70% of net new jobs since 2019. — unusual_whales (@unusual_whales) September 11, 2024 37% of NFIB respondents reported deteriorating earnings, the largest share since March 2010, due to weaker sales …

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LAUNCHED: Polaris Dawn Mission Broadcast: First private spacewalk for SpaceX … IN ORBIT FOR NEXT 5 DAYS

***Update… At some point they will open the capsule and do the spacewalk. Will try to catch it when it goes LIVE. Launch is at 04:45:00 on Replay… Watch live as Falcon 9 launches the @PolarisProgram’s Polaris Dawn crew on a multi-day mission orbiting Earth https://t.co/u1KqQx5AFr — SpaceX (@SpaceX) September 10, 2024 h/t MT Ballsack

Telegram quietly updates FAQ, removing: “All Telegram chats and group chats are private amongst their participants. We do not process any requests related to them.”

Telegram has quietly updated FAQs and has removed Chat Privacy content from it. This sneaky move has raised questions if the flag-bearer of ‘Free Speech’ has bowed down to the pressures of ‘democratic France’. However, TON prices remain unfazed due to this new development and rather jumps. – Source – 𝕏 Source While that particular line was indeed …

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Private equity execs fleeing U.K. to tax havens…..you are stuck with their inflated home prices

https://www.msn.com/en-us/money/personalfinance/ar-AA1pMdyP “She added: “People with hundreds of millions of pounds [are leaving] because changes can be more impactful for them.” Those packing their bags and moving overseas are typically entrepreneurs and private equity executives in the top income bracket, she said. Italy, the United Arab Emirates (UAE) and Switzerland are among the most popular destinations.” …

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Hunter Biden sues Fox News for violating “revenge p*rn” law by airing private photos.

Hunter Biden has taken legal action against Fox News, alleging that the network violated New York’s “revenge porn” law by airing private photos of him without consent, as per court documents. Hunter Biden has taken legal action against Fox News, alleging that the network violated New York’s “revenge porn” law by airing private photos of …

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US big banks face growing risks from non-banks aka private credit.

Non-bank financial institutions are increasingly posing risks to America’s big banks, according to a post on the New York Fed’s Liberty Street Economics blog. During times of heightened market-wide stress, non-banks seek term loans and lines of credit, putting pressure on banks to provide liquidity. This reliance on big banks could lead to “vectors of shock …

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Biden used DNC funds to cover legal fees for retaining classified military materials while a private citizen.

Biden repeatedly criticized former President Trump for using donor funds to pay his legal fees that were hardly a National Security case, yet landed Trump 34 felony convictions last month anyways. see https://www.military.com/daily-news/2024/02/08/special-counsel-biden-willfully-disclosed-classified-materials-no-criminal-charges-warranted.html

Bag of cocaine found in private area of U.S. Capitol Police headquarters.

Amidst heightened security concerns, the United States Capitol Police (USCP) is launching an investigation into a disturbing discovery within its own headquarters. A one-inch by one-inch zip lock bag containing a small amount of white powdery substance, which field tested positive for cocaine, was found on the floor of a heavily trafficked hallway on the …

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Quarterly census reports 192k private sector job drop in Q3 despite BLS’s 640k rise.

A startling revelation emerges as conflicting job reports unveil a stark contrast in employment data. Despite official claims of a robust job market with a 640,000 increase in nonfarm payrolls, the quarterly census of employment and wages paints a different picture, indicating a shocking loss of 192,000 private sector jobs during the same period. As …

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Joe’s Former “Disinformation” Czar Joins Forces With Leftist Operatives for a Private Sector Approach to Censorship

Nina Jankowicz, previously the head of the Biden administration’s ill-fated “Disinformation Governance Board,” is teaming up with liberal operatives to head a new nonprofit aimed at “increasing the cost of lies that undermine our democracy.” The American Sunlight Project, Jankowicz’s new outfit, recently launched, sending a letter to the Republican-led House Oversight and Judiciary Committees on April 22 …

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Private equity’s home buying spree threatens American dream of homeownership.

Beware: private equity firms buying homes could spell America’s perpetual financial downfall. The looming specter of insurmountable debt threatens the dream of homeownership for countless young Americans, ushering in a bleak future. As distressing foreclosure sales like the one in Washington DC illustrate, the erosion of property rights and the unchecked power of corporations loom …

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Nordstrom confirms it’s looking to go private, with founding family interested in deal

Nordstrom Inc. has formed a special committee of independent directors to explore going private, the company said on Thursday — a move that arrives as clothing retailers struggle with subdued demand and pressure from investors for stronger profits. The department-store chain JWN said its board formed the committee after members of the company’s founding family …

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Health insurance companies suffer losses as US regulators decline to increase payments for private Medicare plans.

Health insurers are tumbling after US regulators didn’t boost payments for private Medicare plans. Only once in the past 10 years have final rates not improved from regulators’ initial proposals, according to research from JPMorgan.https://t.co/MIU1gEyqyD by @jtozz pic.twitter.com/uEKgtIlwcS — Tracy Alloway (@tracyalloway) April 2, 2024

Larry Fink of BlackRock urges government and private sector coordination to address retirement savings crisis.

BlackRock, which had over $10 trillion in total assets under management at the end of last year, oversees the largest retirement funds in the U.S. Read more: https://t.co/PAWap6GET3 — unusual_whales (@unusual_whales) March 29, 2024 With the debt-to-GDP rising to the point where it was during World War II, the cost of Social Security will likely …

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Barack Obama arrives at 10 Downing Street for a private meeting

British media are calling it a “surprise” Barack Obama arrives at 10 Downing Street for a private meeting. pic.twitter.com/W5tCeFRn55 — Citizen Free Press (@CitizenFreePres) March 18, 2024 Barack Obama exits 10 Downing Street with US ambassador to the UK Jane Hartley after a surprise meeting Barack Obama exits 10 Downing Street with US ambassador to …

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Study reveals police can enter 96% of private land without warrants, undermining property and privacy rights.

Police can traipse onto the vast majority of private property in the country without a warrant thanks to a century-old Supreme Court decision, according to a new study by the Institute for Justice, a libertarian-leaning public-interest law firm. In a study published in the spring 2024 issue of Regulation, a publication of the Cato Institute, Institute for …

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Private equity firms devouring single-family homes, jeopardizing homeownership and the American dream.

I strongly support free markets. But this corporate large-scale buying of residential homes seems to be distorting the market and making it harder for the average Texan to purchase a home. This must be added to the legislative agenda to protect Texas families. https://t.co/VBs6Rluh3K — Greg Abbott (@GregAbbott_TX) March 15, 2024 Recent revelations have shattered …

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Europe’s private credit funds resort to bank borrowing, raising concerns over systemic risks; Global Corporate Defaults hit highest level since the GFC

This trend raises alarm about the broader risks from interlinked dependencies. LONDON, March 14 (Reuters) – Europe’s private credit funds are increasingly borrowing from banks to boost their performance, fuelling concerns about the wider risks posed by this interconnectedness. A record 80% of new European private credit funds borrowed from banks via ‘subscription lines’ in …

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Government employees cost 40.5% more than private sector counterparts in December.

via Mike Shedlock Today the BLS released employer costs for the 4th quarter of 2023. Let’s investigate how much state and local government workers make compared to private industry workers. Compensation chart from the BLS, annotations and calculations by Mish Information from the BLS report on Employer Costs. The Employer Costs for Employee Compensation (ECEC) measures …

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Feds conducted ‘broad’ and ‘unjustified’ surveillance of Americans’ private financial data: House Judiciary

FIRST ON FOX: A new report from the House Judiciary Committee and its Weaponization Subcommittee revealed that the federal government conducted “broad” and “unjustified” surveillance of Americans’ private financial data through financial institutions, while suggesting banks use information from anti-conservative organizations’ lists of “hate symbols” to determine potential persons of interest. Fox News Digital first …

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Climate activists criticize Taylor Swift’s significant carbon footprint, particularly her private jet air miles for personal travel.

Climate activists are taking notice of Taylor Swift's private jet air miles after flying 5,000 miles from Japan to Las Vegas to see her boyfriend play football. "But people are certainly starting to take note of her air miles." Her carbon footprint is enormous. pic.twitter.com/HldmLHXiHd — Ryan Maue (@RyanMaue) February 16, 2024

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