Independent thinking for complex markets and current events
The real insanity? A system that pushes students into $300K+ debt for essential careers while taxpayers foot the bill for loan forgiveness programs that trap dentists in government-controlled service. Dental schools jack up tuition knowing federal loans and IHS/NHSC bailouts will… — Watch DOGE (@dogeai_gov) June 2, 2025
This is going well so far. Dumbasses who don’t understand how credit works & who are financially irresponsible are now facing their own financial reckoning day as Biden’s loan “forgiveness” (putting taxpayers on the hook) isn’t a thing anymore. Ante up, deadbeats! byu/Boo_Randy_II inWallstreetsilver
New York Post — A former housing official who worked under President George H. W. Bush has made an astonishing claim that the U.S. government spent years funneling money into the creation of a secret underground “city” where the rich and powerful can shelter in the event of a “near-extinction event.” Catherine Austin Fitts, who served as …
People who had an unhealthy relationship with smoking, drinking and exercise early in life ended up on the fast track to mental and physical health troubles by their mid-30s, according to a new study by the Laurea University of Applied Sciences in Finland. “Our findings highlight the importance of tackling risky health behaviors, such as …
🇺🇸🇨🇳 SPACE FORCE CHIEF WARNS: CHINA’S ORBITAL TECH IS A DESTABILIZING FORCE Gen. Chance Saltzman told Congress that China’s anti-satellite weapons and space capabilities are a growing threat, calling them a “powerful destabilizing force.” Saltzman: "We do all training in… https://t.co/0CQ1TCQBOm pic.twitter.com/0yqGVV0rAs — Mario Nawfal (@MarioNawfal) April 4, 2025
"The U.S. economy may look rosy on the surface, but under the hood, it’s supported by just three pillars, writes Bleakley Financial Group’s Peter Boockvar: spending by the rich, spending by the government, and anything to do with artificial intelligence." Do you agree? — unusual_whales (@unusual_whales) April 2, 2025 The U.S. economy might look vibrant …
by confoundedinterest17 I call this the house latitudes. Horse latitudes is a belt of calm air and sea occurring in both the northern and southern hemispheres between the trade winds and the westerlies. And when the ships motion stalled, the crews would jetison their cargo of horses to the delight of sharks! So, we are in state of HOUSE latitudes …
USAID staff are fighting back. Two unions representing USAID employees on Thursday filed a lawsuit over the cuts against Trump, Rubio and Treasury Secretary Scott Bessent, the agency, the State Department and the Treasury Department. ‘What we’re seeing is an unlawful seizure of this agency by the Trump administration in a plain violation of basic …
More tariff news is coming, and that means traders are already gaming out the next big shockwave. The volatility move is setting up right in front of us, but most people won’t see it until it’s too late. The market is priced for perfection, but the rug pull is coming. If you’re not paying attention, …
USAID staff are fighting back. Two unions representing USAID employees on Thursday filed a lawsuit over the cuts against Trump, Rubio and Treasury Secretary Scott Bessent, the agency, the State Department and the Treasury Department. ‘What we’re seeing is an unlawful seizure of this agency by the Trump administration in a plain violation of basic …
https://twitter.com/nataliegwinters/status/1874484136074936771 Happy New Year from your friendly neighborhood MAGA warriors. pic.twitter.com/mLv64M7ZGP — Raheem J. Kassam (@RaheemKassam) January 1, 2025
by confoundedinterest17 Government didn’t build this country. The private sector did. Housing Starts: Privately-owned housing starts in November were at a seasonally adjusted annual rate of 1,289,000. This is 1.8 percent below the revised October estimate of 1,312,000 and is 14.6 percent below the November 2023 rate of 1,510,000. Single-family housing starts in November were at …
Always how a #Recession starts, I know, I was in college for one and graduated into a job market where even the best candidates could barely find employment. My first job was 80-100 hours a week for 30k a year. No joke. I did have boomers tell me they had it worse though pic.twitter.com/mjMmq4WHED — …
NYC’s right to shelter laws mandate the city house anyone who is unhoused, however recently obtained apartment complexs used for this purpose have been causing controversy for months…
⚠️BRACE FOR MORE US JOB MARKET DATA REVISIONS⚠️ Nonfarm payrolls will likely be revised DOWNWARD by another ~300,000 jobs for 2Q 2024. This is according to the QCEW data released by the BLS. If this trend continues, it will turn out that August and October saw JOB LOSSES. pic.twitter.com/rA3cgv6En6 — Global Markets Investor (@GlobalMktObserv) December …
Russia has started mass-producing KUB-M mobile bomb shelters, designed to protect against nuclear shockwaves, radiation, and conventional threats for up to 48 hours. These shelters, which house 54 people and resemble reinforced shipping containers, are being touted as essential for citizen safety amid rising tensions. This comes as Russia revises its nuclear doctrine, lowering the …
The inventory shortage narrative runs out of steam as Realtor pivots on supply and price “This is the longest stint of four-plus months of supply in five years” “The percentage of homes with price reductions was 18.6%” – higher than 2017-2019 Just wait until Spring… pic.twitter.com/8VM0mX8nkS — Saw Chuck (@Saw_Chuck2023) November 19, 2024 OCTOBER HOUSING …
Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce. U.S. staff receiving the notices this week will stay on Boeing’s payroll until January to comply with federal requirements that give …
Massachusetts City Councilman Steve Stanganelli was arrested for reportedly having a meltdown over Trump supporters. He allegedly blocked traffic and jumped on the hood of a vehicle when cars drove by with Trump and American Flags. pic.twitter.com/xwRqGRj1vR — Libs of TikTok (@libsoftiktok) November 4, 2024 Democrats are going to go crazy best hold on tight. …
A frightening new wave of crime has come upon NYC as hoards of desperate thieves are now robbing seniors… and nothings being done to stop them.
by Mike Shedlock Housing continues to slowly weaken and completions surge relative to starts and permits. Building Permits Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,428,000. This is 2.9 percent below the revised August rate of 1,470,000 and is 5.7 percent below the September 2023 …
Russia will be buying its own palladium, platinum, silver and gold for the state fund. I didn't include silver in this table, but Russia had 1200 tonnes of Ag metal content mine production in 2023, nearly 5% of world production. pic.twitter.com/vWwxDtA6Ma — Tony Norfield (@StubbornFacts) September 30, 2024
by Mike Shedlock The discrepancy between housing starts and completions is the largest since 1980. Let’s discuss. Data from the Census Department, calculation and chart by Mish The DotCom bust was unrelated to housing. Most recessions impact housing or housing busts lead to recession. The single-family stats aren’t good, but they aren’t as bad. Single …
NYC has a controversial new plan to help families move out of its shelter system, and it involves paying $4000 of their moving related expenses. Although this program isn’t yet open to single adult asylum seekers, it is also limited to only families who have federal work permission… the very thing many economists said people …
Why would people be expected to respond to instructions from these men in plain clothing. It is not at all clear they have any authority whatsoever and their behaviour is confusing and, in the case of Pepper Spray Man, unnecessarily aggressive. British Transport Police – IF… — Gillian Radcliffe (@gillradcliffe) September 19, 2024
Democrats’ enjoyment of the Kamala Harris campaign’s “new car smell” may prove short-lived, as a brand new poll shows the vice president trailing former President Trump by a whopping 11 points among likely voters — matching up even worse than President Biden, who trailed by 10. The Forbes/HarrisX survey was conducted July 19-21 — that’s after the Republican convention …
https://twitter.com/_/status/1812532461110497786 h/t Kingzzor
DISGRACEFUL: A heavily slurring Biden starts to stumble through the debunked "suckers and losers" hoax at the White House Independence Day celebration — in front of our great military families pic.twitter.com/57O54Gt8zZ — RNC Research (@RNCResearch) July 4, 2024 Biden says he's "not going anywhere," then starts rambling about traffic congestion, gets confused, and leaves pic.twitter.com/tRlpnAX2qj …
