Kamala Harris once said a “70% to 80% tax rate” and saying “every car should be eliminated in the next 11 years” are “bold ideas that should be discussed” July 24, 2024 9:09 am
VP Kamala Harris’ office faced a 91.5% staff turnover rate, with only 4 of 47 remaining. July 24, 2024 7:01 am
BITCOIN NIGHTMARE: Experts expect BITCOIN to crash to new lows by the end of 2025. Some say as low as 1K USD rate. July 6, 2024 9:59 pm
OpenAI is the biggest AI pure play and is at $3.4B annual run rate. This feels like a bubble unless products worth buying show up. July 5, 2024 9:42 am
Stunning… San Francisco office tower’s value plummets 90%, sold for $6.5M amid 37% vacancy rate. June 27, 2024 4:11 pm
California’s labor market has spiraled from the loosest to the highest unemployment rate. May 9, 2024 9:48 pm
Fear-mongering: Bird Flu expands to multiple cow herds across US. Humans at major risk: scientists warn 100X worse than Covid, 50% fatality rate! April 5, 2024 3:04 pmApril 5, 2024 2:26 pm
Nobody But The Fed! Expiration Of Fed Bank Bailout Facility Strengthens Calls For Earlier Rate-Cut (As Core Inflation Falls Below Fed Funds Target Rate) January 11, 2024 9:36 am
Banks exploiting Fed’s facility, borrowing at a lower rate, then profiting by parking at a higher-interest unit. December 22, 2023 8:08 pm
Bankruptcies in the United States are experiencing an unprecedented surge, escalating at an alarming rate. November 13, 2023 10:30 pm
The dwindling US personal savings rate, now at levels reminiscent of the Financial Crisis, spells trouble for consumers. October 23, 2023 4:24 pm
Banks Face Looming Credit Crisis: Sharp Declines and Record Bad Loan Write-Offs Signal Imminent Credit Event October 11, 2023 4:46 pm
SAY ANYTHING: Kamala Says Young People Aren’t Buying Homes Due to ‘Climate Anxiety,’ Doesn’t Mention 7% Interest Rate. September 22, 2023 5:51 pm
All time high fed overnight reverse repo rate. Transaction still extremely high September 11, 2023 9:24 pm
2023 financial statistics show record high US debt, $1 trillion annual interest expense, high credit card debt, and 20.69% average interest rate. August 2, 2023 9:31 pm
The US national debt has increased by $1.8 trillion since the “debt ceiling crisis”. They did it in less than 2 months. At this rate, in 3 months, the debt will be 4 trillion. US Treasury is issuing $102B of long-duration bonds in the upcoming weeks. July 31, 2023 2:51 pm
Corporate bonds yield 0.12% above Fed Funds rate, the lowest level since 2007, and several indicators suggest a severe recession. July 31, 2023 9:08 am
California, New York and Mississippi come out as top three states with highest poverty rate. July 19, 2023 9:19 am
Americans face increased credit rejection rates, reaching 21.8% in 12 months through June. The rejection rate for auto loans exceeded the application rate. July 18, 2023 10:13 amJuly 17, 2023 9:34 pm
Jun JobsReport lackluster, recession indicators, low payrolls, 3.6% unemployment rate. Increased part-time job demand due to economic conditions. July 7, 2023 9:39 pm
SOUTH KOREA: In country with world’s lowest fertility rate, doubts creep in about wisdom of ‘no-kids zones.’ June 27, 2023 2:57 pm
De-Dollarisation is happening at a rapid rate… 19 more countries will apply to join BRICS this month June 4, 2023 10:37 amJune 4, 2023 1:55 am
If the bank can’t pay out a competitive interest rate (since they have money locked up in investments that pay a lower interest rate), people are naturally going to withdraw their money over time for higher-rate investments. May 31, 2023 10:59 amApril 1, 2023 6:37 pm