Independent thinking for complex markets and current events
Trump Weaponizes DOJ Against Powell In Desperate Attempt To Rig Interest Rates byu/DumbMoneyMedia inEducatedInvesting Federal Reserve Chair Jerome Powell is under federal criminal investigation related to the $2.5 billion renovation of the central bank’s headquarters and his congressional testimony about that, Powell said. Powell said the probe was the result of the Fed “setting interest …
Social Security is heading straight into a wall. The trust fund is expected to run out by 2033. That means automatic cuts will hit over 60 million Americans if Congress doesn’t act. The Social Security Trustees report says benefits will be slashed by about 23% in 2033. https://www.washingtonpost.com/business/2025/06/18/social-security-predictions-questions-answers/ CRFB projects the average dual-earning couple could …
Elon Musk didn’t mince words: “The dollar will be worth nothing if the US doesn’t do something about its national debt.” That wasn’t hyperbole. That was a warning. A new study confirms what many already feel in their bones. Most Americans can no longer afford even a minimal quality of life. Forget luxury. Forget comfort. …
Being wrong now and too bearish means having to work longer to retire. Being wrong now and too bullish means never retiring. pic.twitter.com/nvAXtoXl5u — Mac10 (@SuburbanDrone) July 29, 2024 The last two times China's economy imploded – 2015, 2020, global stocks imploded. This time, global stocks are inversely correlated to China implosion. For now. pic.twitter.com/MUSNZWdUny …
House Republicans are facing a growing exodus of experienced and talented members that adds up to an alarming political maturity drain. A growing number of their well-respected members are fleeing Congress as the conference pulls further to the right, and the departures are starting to spark worries about a further erosion of GOP lawmakers’ appetite …
Prepare to be shocked. This release will reveal the insidious truth that the left and the corrupt officials at FBI/DOJ do NOT want Americans to see. No less than 5-10 key Democrats will announce they’re retiring from Congress. Don’t doubt me. https://t.co/6OQfYBG6Rn — Rep. Clay Higgins (@RepClayHiggins) November 18, 2023
Chief Diaz, let me tell you, the state of the Seattle Police Department and this city is a disgrace,” she wrote. “The toxic mix of the Seattle City Council’s absurdity, the spinelessness of the Mayor, the leniency of the prosecutor’s office, and your failed leadership has accelerated this city’s downhill slide straight to rock bottom. …