A hub for independent voices and hard truths
The situation is getting serious as banks are experiencing one of the sharpest declines in lending activity ever recorded. This means they’re not lending money as readily as before. At this rate, we might be heading towards a “credit event,” …
“Fantastic graphic showing that a record 447,000 Americans are now working 2 full-time jobs. Meanwhile, part-time employment has jumped by nearly 1.2 MILLION since June. The number of Americans working 2 full-time jobs is now ~33% higher than it was …
A buyer on a $3,000 monthly budget can afford a $419,000 home with a 7.7% mortgage rate. Read more: https://t.co/PjUD0QHHd7 — unusual_whales (@unusual_whales) October 8, 2023 via unusualwhales: A buyer on a $3,000 monthly budget can afford a $419,000 home …
🚨 JUST IN: The Biden administration is restarting DIRECT DEPORTATIONS of migrants to Venezuela amid RECORD numbers of illegal crossings in recent weeks, four US officials told CBS News Since Biden took office, he has refused to deport illegals back …
😳👇The Largest U.S. Healthcare Strike on Record Just Began https://t.co/94YMYtF5hp — Win Smart, CFA (@WinfieldSmart) October 5, 2023 via wSJ: More than 75,000 nurses, pharmacists and other employees of the Kaiser Permanente health system have stopped work in a dispute …
The United States is the most dangerous nation among industrialized states, and increasingly more dangerous than much of the developing world. As violent crime soars, our criminal justice system has revealed itself unable and unwilling to respond. This year it …
Young americans are forced to live in zee basement pic.twitter.com/ViVB1g4IQj — Alessio (@AlessioTMAD) October 4, 2023 A record share of Americans think it's a bad time to buy a home: pic.twitter.com/kiyyQZtyVb — unusual_whales (@unusual_whales) October 4, 2023
Auto loan fraud is rising at a *record pace*. But why? (hint: not what you'd expect) Frank McKenna, Chief Fraud Strategist at Point Predictive, explains in < 30 seconds: pic.twitter.com/WZDHvRdD71 — Car Dealership Guy (@GuyDealership) September 27, 2023
This century meaning since 2000. The early 80s were, according to most housing affordability metrics, worse than this. — Lance Lambert (@NewsLambert) September 27, 2023 Homes ‘unaffordable’ in 99% of nation for average American… The typical American cannot afford to …
The impact of spiking interest rates after more than 10 years of 0% is hitting. More here: Onset of the Economic Avalanche Becomes Clear Recession Warning: Employers Slash Staff at Record Pace Since 2009 The global business landscape is …
via foxbusiness: Pharmacy giant Rite Aid is negotiating terms of a bankruptcy plan that could see a significant number of its more than 2,100 drugstores permanently close, according to a report. People familiar with the company’s talks with creditors told …
by AC I predict that by the end of January 2024, after retail sales from holiday spending posts lethargic consumer spending, companies will begin slashing millions of jobs causing wide-spread mortgage defaults. REO and foreclosures will flood the real estate …
via reason: As election season approaches, Democrats are touting the economic results of Biden administration policies aimed at improving the lives of working Americans and creating a more equitable economy. But ordinary Americans aren’t feeling the so-called success of “Bidenomics.” …
Interest rates on bank deposits are reaching rock bottom, with major banks offering meager rates like Wells Fargo at 0.15%, Citibank at 0.05%, Chase, Bank of America, and US Bank all hovering at a mere 0.01%. In contrast, alternatives to …
by DesmondMilesDant The data is clear: workdays lost to stoppages have been on the rise in recent years, reaching a peak of 4.1 million days in August 2023. This trend is concerning, as it suggests that more and more workers …
by betsharks0 If you take out food, rent, energy, and transportation Egypt is doing great!
View post on imgur.com View post on imgur.com Pelosi established a precedent for impeachment when we rammed through two bogus impeachments based purely on politics & no evidence. The House GOP has more evidence on Biden than any other impeached …
BREAKING: New York City is facing a level of homelessness not seen since the Great Depression in the 1930s, per Reuters. — unusual_whales (@unusual_whales) September 12, 2023
Despite credit rejections rising, debt levels are skyrocketing. Total US household debt just hit a record $17.1 trillion and is expected to rise again this quarter. People are using debt to "fight" inflation. Follow us @KobeissiLetter for real time analysis …
US debt-service costs are now at their highest since 2009 as rates soar. Over the next year, this will continue to rise as US debt is refinanced at higher rates. Yet another sign that $4 trillion in "free stimulus" is …
US records highest credit card debt level at $1.03 trillion, 4.6% increase from Q2, with 20.63% interest rate, 47% cardholders carry monthly balances, and $7,227 average debt, with Connecticut and New York having the highest. ✅ US credit card debt …
by Chris Black US. Senate Minority leader Mitch McConnell freezes again while speaking at a press conference. U.S. Senate Minority leader Mitch McConnell freezes again while speaking at a press conference pic.twitter.com/NyPIWytNeJ — BNO News (@BNONews) August 30, 2023 Bro …
We were higher now we are lower lol pic.twitter.com/2RCUYU1tLT — The Coastal Journal (@1CoastalJournal) August 29, 2023 Over the last 3 months, 2.55 million job openings have been filled. This is by far the largest 3-month decline in JOLTS on …
https://www.federalreserve.gov/releases/h41/20230824/ https://fred.stlouisfed.org/series/H41RESPPALDKNWW
