A hub for independent voices and hard truths
The US faces a fiscal dilemma as record spending, deficits, and debt levels clash with inflationary green energy policies, potentially sparking a conflict between the Federal Reserve and government. Key points: Record non-crisis spending, deficits, and debt levels pose fiscal …
This is how DOJ described the August 24, 2022 meeting with Woodward–about 2 weeks after FBI raid of Mar-a-Lago. Nauta is one of Trump's closest personal aides. pic.twitter.com/EZmDIjnoCq — Julie Kelly 🇺🇸 (@julie_kelly2) April 24, 2024 The judge overseeing former …
As US credit card debt breaches the $1 trillion mark, the juxtaposition of this financial burden against heightened economic sentiment on Twitter raises questions about the nation’s financial health. US credit card debt is skyrocketing past $1 TRILLION. People are …
A group of undergraduate students has built and successfully operated a hydrogen-fueled internal combustion engine. Engineering students at the University of Bath switched on their single-cylinder engine for the first time in March, and it worked seamlessly. Their work stands …
As tensions escalate between Ukraine and Russia, the UK announces a landmark €580 million military aid package to fortify Ukraine’s defenses and bolster European security, signaling unwavering support in the face of aggression. ⚡️The UK will send a big, new …
Here is a look at delinquency’s. Full disclosure 2009 was 8% delinquent. pic.twitter.com/ckwMsvdw0R — Nathaniel Frank (@Nathaniel8Frank) April 19, 2024 This new record-high vacancy rate is 50 basis points "above the recessionary peaks recorded in 1986 and 1991," an analysis …
via schiffsovereign: It’s barely six months into the US government’s ‘fiscal year’ (which started on October 1, 2023) and the federal budget deficit is already $1.1 trillion. This number is utterly astonishing. Of course, anyone paying attention to the rapidly …
With fund managers reaching their highest bullish sentiment since January 2022 and cash levels dropping close to the contrarian sell signal, coupled with the Financial Stability Board’s advice to hedge funds to increase liquidity for market shocks, there are indications …
NEW YORK (Reuters) – Foreign holdings of U.S. Treasuries surged to a record in February, its fifth straight monthly rise, Treasury Department data released on Wednesday showed. Holdings totaled $7.965 trillion, up from a revised $7.945 trillion in January. Treasuries …
Gold’s surge against inflation forecasts a looming market upheaval as IMF warns of global spillovers from escalating U.S. debt levels. With yields climbing and Powell signaling prolonged rate hikes, the Fed faces a daunting task amid inflationary pressures and fiscal …
US drug shortages reach record high with 323 meds now in short supply. “There are myriad reasons for the hundreds of drug shortages now facing doctors and patients, many of which remain unclear. But, as Ars has reported before, the root …
Japanese equities witnessed their initial weekly outflow in more than three months, coinciding with record yen net shorts fueled by an assumption of invincibility against adverse events, underpinned by the belief in central banks’ bailout capabilities. This perception of an …
The Federal Reserve Bank of Philadelphia’s report reveals alarming trends, with almost 3.5% of card balances overdue by at least 30 days, the highest on record. This surge in delinquencies, coupled with rising minimum payments and increased credit card balances, …
pic.twitter.com/UuOgLAgagH — Simonwins (@simonwins28) April 8, 2024
Financial instability grips communities nationwide, with a significant portion of households struggling with debt payments. In Phoenix, soaring evictions and bankruptcies signal a growing economic crisis. Current economic indicators point to a concerning trend of declining savings and stagnant interest …
Credit card interest rates just hit a new record high in Feb – American families are paying over $240 billion a year just in interest on this debt, before a single dime goes to paying down the principal: pic.twitter.com/N6UxBnyZcl — …
The US credit card debt has already reached $1.1 trillion in March, an all-time record. Moreover, even when adjusted for inflation this debt has hit a record, surpassing the 2020 levels. Are US consumers' finances seriously stretched? Full analysis below👇 …
NEW: Gold hits new record high on Fed rate cut bets https://t.co/gHbUVRlwig — Insider Paper (@TheInsiderPaper) April 1, 2024 🟡 GOLD 🟡 pic.twitter.com/QLS9PG7BBg — Win Smart, CFA (@WinfieldSmart) April 1, 2024 GOLD 🟡 & SILVER ⚪️ 🔥🔥🔥🔥🔥🔥🔥🔥🔥 pic.twitter.com/xJRymPgsCq — Win …
The economic downturn of the early 1930s led to a global debt crisis, which led to endless money printing, leading to global currency devaluations, which ultimately led to World War II. Read some history. — Gold Telegraph ⚡ (@GoldTelegraph_) December …
The United States, once seen as a land of opportunity and prosperity, now has many households facing overwhelming debt. As living costs rise and wages remain stagnant, families nationwide are caught in a cycle of borrowing, struggling to stay afloat …
Its CEO, Michael Dell, sold shares worth $465 mln in March (source: FinFab app for iPhone): h/t ChampionshipUsed9855
New data from Vanguard shows that Americans are pulling a record amount of money from their retirement accounts to pay their bills. Most notably – the share of customers making an emergency hardship withdrawal from their 401k spiked to 3.6% …
Ok, that's the week. Bulls, we'll see you next week. Bears, you should not have capitulated. pic.twitter.com/TFNG6fGZ3m — Mac10 (@SuburbanDrone) March 8, 2024 Key reversal of fortune. Highest down day volume since the 2022 bear market. pic.twitter.com/BZsVrtT7j3 — Mac10 (@SuburbanDrone) …
by confoundedinterest17 Yes, it is the Ides of March. No, not Nikki Haley trying to sabotage Donald Trump’s campaign after Nikki got clobbered in all but two state primaries. So in a sour grapes move, Haley didn’t endorse Trump. But …
Number of funds owning Best Buy shares is also decreasing (source: FinFab app for iPhone) h/t ChampionshipUsed9855
Well sure they are selling on highs, not lows like retails. h/t ChampionshipUsed9855
🤣🤣🤣 Google loses 90 billion in stock value after their woke AI product Gemini is exposed. Woke Embarrassment: Google‘s Botched Gemini AI Launch Erases $90 Billion in Stock Value https://t.co/q5NjTcNh7W via @BreitbartNews — PatriotSons (Thomas) (@Patriot_Sons) February 27, 2024 Google’s …
(Bloomberg) — There’s a subtext to this year’s blistering rally in US risk assets: When it comes to the dollar, there is no alternative. The greenback is just shy of the record it reached during the pandemic and on pace …
This couldn’t happen without world banks. Under accounting principles, debts can never be greater than assets. If you borrowed money from someone, they had to have the money to lend, making the debt and asset cancel each other out to …
