Saudi Arabia has significantly reduced its US Treasury holdings, dropping 41% from $184 billion in February 2020 to $108 billion, while China’s holdings reached a 14-year low of $835 billion.

While China has been offloading US Treasuries for 10+ years, the rate has accelerated. Both Canada and Mexico also now account for a higher % of US imports than China. It seems like the trade war is back. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/paivr3aYSS — The Kobeissi Letter (@KobeissiLetter) September …

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Rail traffic declines significantly, reaching 2021 levels; Maersk warns of global trade slowdown

Rail traffic is down sharply year over year and down even further from 2021. pic.twitter.com/npvGbB4sCB — Don Johnson (@DonMiami3) August 4, 2023 Shipping giant Maersk warns of sharp slowdown in global trade as it reports profit plunge The world’s second-largest shipping company, often seen as a bellwether for global trade, posted a second-quarter profit before …

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National debt interest costs $122 billion, 18% of spending on June 2023; The federal deficit nearly tripled; US tax receipts drop significantly.

Ht @RealEJAntoni And the longer that rates stay at this level, more and more debt matures and gets refinanced at these higher rates. So the debt interest expense is going to keep going higher. 🔥 pic.twitter.com/WDEUlt9EFd — Wall Street Mav (@WallStreetMav) July 13, 2023 Every time US tax receipts have tumbled this much, the US …

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Tight monetary policy has significantly deteriorated the housing market. Stronger than expected GDP. Rate hike odds now 90%, market’s about to explode.

Tight monetary policy has significantly deteriorated the housing market % of houses featuring price cuts reached record levels in 2022 Even though the % has reduced since, it's still historically very elevated pic.twitter.com/lnrApBVay0 — Bravos Research (@bravosresearch) June 29, 2023 Stronger than expected GDP. Rate hike odds now 90%, market's about to explode. pic.twitter.com/9FEzipo4SI — …

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Amazon CEO warns about perfect storm – The retail landscape is expected to change significantly, with some major retailers facing lagging sales and changing consumer habits.

https://www.youtube.com/watch?v=u9TBs8-ddmc The nightmare in the retail sector never seems to end, and now Amazon, the second largest online and physical retailer in the world, is giving up on its brick-and-mortar operations, according to a new report and warnings issued by the company’s CEO Andy Jassy. Its stores continue to disappear amid the most dramatic shift …

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Silver Is Significantly Underpriced Given The Looming Supply Shortage

via Schiff Gold: Given the current macroeconomic environment and the supply and demand dynamics, silver is significantly undervalued at $24 to $25 an ounce. The bullish case for silver in the mainstream typically revolves around price inflation. There are certainly reasons to think inflation is stickier than the powers that be want to admit and that the Federal …

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Tax rates increase significantly between $100,000 and $250,000 in US cities. A $250,000 salary has only $83,000 purchasing power in New York and San Francisco.

US cities where the tax rate jumps most between $100,000 and $250,000, per Bloomberg: pic.twitter.com/gQ5DojPsLS — unusual_whales (@unusual_whales) June 8, 2023 In New York and San Francisco, a $250,000 salary has the purchasing power of only about $83,000 after accounting for taxes and adjusting the remaining amount for the local cost of living, per Bloomberg. …

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Central banks have been net buyers of gold since 2009. This momentum has accelerated significantly again in the past year. In 2022, central banks increased their purchases by 152%, to over 1,136 tons

by BoatSurfer600 https://kingworldnews.com/tick-tock-gold-price-will-be-unleashed-to-a-new-all-time-high/ The gold price already seems to anticipate that the restrictive US monetary policy will turn out to be a bluff. Even if the gold price in US dollars has not yet marked a new all-time high, the all-time highs in various other currencies are a harbinger of the breakout in US dollars …

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Musk Says America Needs ‘SIGNIFICANTLY MORE IMMIGRATION’

by Chris Black This is why you don’t trust “based” rich people. They will always put their business above everything else. That’s how they get rich. I think we should significantly increase legal immigration. If someone has a track record of working hard and hasn’t committed crimes, they should be welcomed. — Elon Musk (@elonmusk) …

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