A hub for independent voices and hard truths
Iran declares Antarctica its property in direct challenge to Biden, global treaty … pic.twitter.com/IQqn9zIznS — scanner (@tivox_seo) February 15, 2024 JUST IN – Iran declares Antarctica its property in direct challenge to Biden, global treaty – Fox — Insider Paper …
The 2008 US housing market crash stands as one of the worst collapses in economic history — and its lessons remain relevant as China deals with its own real estate crisis. Beijing is facing a narrow policy path toward an …
Olivia Chow, the communist mayor says that to close the $2B annual budget shortfall of Tronna, they must jack up taxes. Forget cutting spending, just continue to tax the hell out of everyone!!!! Well, that’s communism for you. via CBC.CA: …
Will arrest anyone who trespasses. Feds can remove their gear and only allowed to enter if there’s a medical emergency. Anyone, including Feds, who breach will be arrested. #BREAKING The state of Texas has seized all city property along the …
I never understood the second rule. If you return stolen property to the rightful owner the next year, can you then claim tax deduction? h/t TonyLiberty
An official with the Transportation Security Administration (TSA) has been arrested on an outstanding warrant, according to local reports. TSA Assistant Federal Security Director Maxine McManaman was arrested in Atlanta by U.S. Customs and Border Protection on Dec. 28. McManaman …
Big corporate landlords like Blackstone are defaulting on mortgages of commercial property across America. Resulting in 90% declines in values in some cases, especially in cities like Las Vegas. Where Blackstone is nearing default on a 1.4 million SF office …
Jan 3 (Reuters) – Some of China’s top banks have sharpened scrutiny of smaller peers’ asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a deepening property debt crisis …
“If the Supreme Court rules in favor of the government, and allows it to redefine income to include any unrealized appreciation in any asset, then it will grant the Federal Government a new power to nationalize the entire asset stock …
by confoundedinterest17 The US housing market is goin’ down! While the Case-Shiller National home price index is rising again, it has been slowing since March 2022. This is happening as “the honey pot” (aka, M2 Money printing) growth is now …
via notayesmanseconomics: As 2023 developed we saw rather a divergence between our view of the Chinese economy and the media or mainstream one.Their view was one of economic recovery whereas we continued with the theme of the consequences of the …
via YAHOO: Already stung by soaring bad loans and record low net interest margins, lenders such as Industrial and Commercial Bank of China Ltd. may soon be asked for the first time to provide unsecured loans to developers, many of …
Texas voters overwhelmingly granted themselves a whopping $18 billion property tax cut while establishing dedicated funds to improve and expand state parks, prepare for future statewide water needs and extend the reach of broadband internet to the most remotes parts …
Hui Ka Yan, the founder and chairman of embattled Chinese property developer Evergrande, was once Asia’s second-richest person worth $42 billion in 2017. But the tycoon has fallen far from his perch. Hui — who is now under police surveillance …
The ongoing property crisis in China is taking an epic turn, with the nation’s real estate index plummeting back to 2009 levels, marking an approximate 80% drop from its peak. This alarming situation prompted Chinese President Xi to make his …
https://t.co/XBw4c92N4m — Win Smart, CFA (@WinfieldSmart) October 23, 2023 If that’s true, there is no recovery from this. It’s a matter of time. Might be a long time or a short time, but it’s all coming down. Contagion $100B+ in …
In August, China experienced its largest monthly capital outflow in nearly eight years. China had a capital outflow of $49 billion in August, the largest monthly outflow in almost 8 years 🚨 pic.twitter.com/h9dXDHxC8s — Barchart (@Barchart) October 22, 2023 https://twitter.com/NorthmanTrader/status/1716166335049114018 …
Mortgage rates are now officially TRIPLE where they were just 2 years ago. However, the median sales price of a home continues to rise. Affordability is so bad that not even investors can afford to buy. Follow us @KobeissiLetter for …
Chinese property stocks are on track for a 14-year low, as stress in the sector continues to rise amid slumping home sales and deepening debt woes for major developers, per Bloomberg. — unusual_whales (@unusual_whales) October 18, 2023 Fears that Country …
by waitingonawait Friend thinks this will be a nuke to the economy. https://www.reuters.com/world/china/chinese-developer-country-garden-faces-fresh-offshore-payments-deadline-2023-10-09/ HONG KONG, Oct 9 (Reuters) – China’s Country Garden (2007.HK) may announce a restructuring plan for its offshore debt soon, local media reported on Monday, as the country’s largest …
https://www.zillow.com/homedetails/812-N-Record-Ave-Los-Angeles-CA-90063/20646595_zpid/ 1 bedroom 1 bath 400 square feet That’s only $2385 a month mortgage. h/t The Don Of Nantucket
Financial markets ponder the prospect of a fresh inquiry at the company, still yet to get to grips with huge financial problems that have sparked a series of defaults on its debts. Shares in crisis-hit China Evergrande have plunged by …
JPMORGAN: “.. there is now a higher likelihood of a crisis over the next 6 to 12 months, the severity of which could be higher than [markets] anticipate. Risks of an interest rate shock .. are clear: consumer credit .. …
https://twitter.com/Rugiir/status/1695132965536174346
Every homeowner got a letter increasing home values by 35% up to 43% Needless to say people are pissed. Property values in Summit County are set to rise by historic amounts next year after the Ohio Department of Taxation ordered …
More than $500 million worth of major Sydney housing development projects are poised to hit the market as fugitive Jean Nassif’s failed property empire is rapidly dismantled by major lenders seeking quick sales to recoup debt. Thousands of anxious apartment …
by Chris Black Meanwhile, the Republicans continue to refuse to call for the IRS to be abolished, even whilst it is obviously unconstitutional. IRS will stop showing up at homes unannounced in effort to protect agents, combat scammers https://t.co/d9oDgDP9Ms pic.twitter.com/PZkatuxhMS— …
Chinese property giant Country Garden sinks in renewed storm SINGAPORE/HONG KONG/LONDON, July 21 (Reuters) – China’s property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one of the country’s biggest developers, Country …
