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🇺🇸 Republican, Thomas Massie, who opposes Trump's policies, was asked to switch to Democrats: "I vote with Republicans 91% of the time. And the other 9% is when Republicans start defending pedophiles, starting new wars, and bankrupting our country." pic.twitter.com/5cZS8c4qnd …
Authored by Charles Hugh-Smith via oftwominds, This exploitation is indeed profitable, but there is a very high price to be paid for abusing our trust. Price and Value–now there’s a twisted tale. We’ve been trained to compare price and buy the …
It’s hard to ignore the mounting pressure as bond yields rise. Nations already drowning in debt face the harsh reality of even higher borrowing costs, pushing them closer to the brink. This isn’t a minor shift; it signals a major …
4/ The financial pressure on consumers is evident in the increasing number of defaults Consumer defaults is now climbing at the fastest pace since 2007 While still below 2007 peaks, if current trends persist, we could hit 2008 levels H1 …
Amidst widespread layoffs, U.S. jobless claims suspiciously remain unchanged, raising concerns about potential data manipulation and the real health of the economy.
Ahead of tomorrow’s jobs data, this is critical knowledge to have. The Household Survey, which produces the unemployment rate and has been appreciably weaker than the Establishment Survey, which generates nonfarm payrolls, because it’s PROCYLICAL, it’s picking up the cycle’s …
h/t Daniel Kral Germany, the powerhouse of Europe, is grappling with a concerning economic downturn as its industrial sector continues to face challenges. In November, German industrial production experienced an unexpected decline of -0.8%, contrary to the anticipated +0.2% rise, …
CPI isn’t capturing reality for most people Homeowners getting hit with whopping insurance and property tax increases as we enter 2024 And raises are long gone https://t.co/vs38A2VEjz — Amy Nixon (@texasrunnerDFW) December 27, 2023 As long as the banks continue …
The surge in online searches for “give car back” reaching an all-time high, and the concurrent trend of “can’t pay credit card,” signals financial distress among individuals. For everyone DMing me: No, you can’t “give back” a car 🙃 That’s …
China and El Salvador have announced the commencement of free-trade talks, a snub to the Central American country’s former ally Taiwan and a potentially new foothold for Beijing in a part of the world with strong historical ties to the …