They don’t know the sovereign debt bubble just burst, $4.1B bought then wrecked. Forget downgrades we double down deficit spending!

Gold holders this weekend. pic.twitter.com/YKoPZQQhST — Parallel Mike (@parallel_mike) May 22, 2025 This $4.1 billion in buys was on Monday and they have been REKT ever since. lol https://t.co/XecPYJmCyL — QE Infinity (@StealthQE4) May 22, 2025 Worse.Worsened.Worsening. https://t.co/4nEsFQVLdG pic.twitter.com/3HK1ZogNRR — …

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Elon Musk says he’s pulling back from future political donations: “I think I’ve done enough…If I see a reason to do political spending in the future, I will do it. I don’t currently see a reason.”

🚨BREAKING: Elon Musk says he’s pulling back from future political donations: “I think I've done enough…If I see a reason to do political spending in the future, I will do it. I don't currently see a reason." pic.twitter.com/sQSpslMZZB — Republicans …

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Spending slows down, layoffs speed up. Bonds are setting up the ultimate catch-up trade. All the hard data that feeds bonds is looking great (oil prices, housing data, growth data).

And now, it is showing up in the hard data. Credit card transactions began falling in a highly unseasonal manner in the last week of April. Spending slows down, layoffs speed up. It’s just that simple. pic.twitter.com/I7zBVDie5u — Spencer Hakimian …

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IMF says tariff revenue will reduce U.S. deficit from $2.6 trillion to $2.3 trillion — We need spending cuts, congress. Notice the final paragraph, bond market vigilantes will punish U.S. Treasuries.

The IMF projects the overall U.S. federal deficit will dip to 6.5% of gross domestic product this year, down from 7.3% in 2024 The multinational fund cited increased tariff revenues for the decline The IMF highlighted uncertainty surrounding the rollout …

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Mike Johnson makes ‘blood oath’ to cut $1.5 trillion in spending — Over 10 years, so just $150 billion in deficit reduction per year. Even if we get these cuts, annual deficit will still be $2 trillion.

Speaker Mike Johnson told Republican holdouts on the party’s crucial budget plan in a private meeting Wednesday night that they could oust him from the speakership if he doesn’t follow through with his fiscal promises, according to three people with …

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