Thunderstruck! US Unemployment Rate Is 8.7%, More Than Double BLS Estimate Of 4.1% (Mortgage Rates Rising With Declining BLS Estimates)

by confoundedinterest17 Thunderstruck! Interest rates should be thunderstruck when realization dawns that the recend BLS jobs reporr was grossly mismeasured. National unemployment was 8.7% in this month’s Rasmussen Reports Real Unemployment and significantly more than double the 4.1% rate officially reported by the Bureau of Labor …

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Doug Casey on the Rising Threat to Free Speech

via International Man: International Man: Recently, we’ve seen an escalating global crackdown on speech in the (formerly) free societies of Europe and North America. For example, in the UK recently, the government has been imprisoning individuals for social media posts …

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Germany’s economic stagnation, rising unemployment, and slow internet contradict its global leadership stance.

https://twitter.com/MichaelAArouet/status/1835572094702108992 🇩🇪 Germany is no longer in the top 20 richest countries in the world* *Measured by GDP per capita in USD adjusted for purchasing power. https://t.co/oRY2YCNm1d pic.twitter.com/qAGS9qnH1N — PiQ (@PiQSuite) September 16, 2024 Is there any industry other than …

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They edge up but still not rising?

So, more people don’t have jobs but they’re also not losing them? Jobless claims edge up to 230,000, but still no sign of rising layoffs Labor market has cooled and hiring has slowed Story developing. Stay tuned for updates here. …

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Mortgage Purchase Applications Rise In Latest MBA Survey But Still Down -11% Since Same Week Last Year (MBS Convexity Rising As Rates Decline)

by confoundedinterest17 The slowing US economy has a silver lining: Treasury and mortgage rates are declining. And the is spurring faster mortgage prepayments. Mortgage applications increased 6.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s …

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MMT (Mostly Magic Theory)! The Fraud Of ‘Monetary Policy’ (Mortgage Rates Rising With Magical Fed Money Printing)

by confoundedinterest17 MMT is mostly magic! The Federal Reserve relies on “The Power of Magic” to fool people. For example, the massive increase in money printing following Covid and Biden’s disastrous economic policies (or FOLLICIES). Modern monetary theory (MMT) is not convincing to most trained …

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