Minimum Payment Forever? People Are In Serious Trouble! Still Paying Off Last Years Debt! 25 million Americans Are Behind Payments

Almost half of all Americans are still paying off debt that they accumulated last year for a summer vacation, which is alarming news considering about half expect to go into more debt this year for more vacation. It’s things like this that are making the economy look so much better …

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Whoopi Goldberg says she would still vote for Biden even if he poops his pants and can’t put a sentence together because she also has “poopy days”

Whoopi Goldberg says she would still vote for Biden even if he poops his pants and can’t put a sentence together because she also has “poopy days” byu/alanboston405 inlibsofreddit Whoopi Goldberg told her co-hosts Monday on ABC’s “The View” that she supports President Joe Biden staying in the presidential race …

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Mortgage Rates Rise, Over 7% since Early April, Buyers Remain on Strike, Housing Market Still Frozen as Prices Are Too High

The over-7% mortgage rates seem to have become a fixture in the housing market. The average conforming 30-year fixed mortgage rate edged up to 7.07% in the latest week, and has now been above 7% since early April, according to the Mortgage Bankers Association today. During Rate-Cut-Mania, the average mortgage …

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It’s the single greatest crime ever committed, and they are all still walking free…

Fauci made up social distancing and mask-wearing, and passed it off as “the science”. Then US intelligence agencies instructed Big Tech companies to censor anyone who questioned any of this. The US government fired 50+ million “non-essential” workers overnight, all based on a… pic.twitter.com/0zBK5WEApd — Clandestine (@WarClandestine) June 2, 2024 …

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10,000 human remains found on serial killer’s farm — and authorities are still identifying victims (Indiana)

For years, a peaceful, million-dollar farm in Indiana hid a dark secret: It was a serial killer’s playground. When cops finally raided Herb Baumeister’s 18-acre property in Westfield, north of Indianapolis, they uncovered some 10,000 pieces of human remains — mostly crushed and burned skeletal fragments of the teenage boys …

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Fed Minutes Show Willingness for Still More Rate Hikes

via Mike Shedlock The market’s reaction to the May FOMC meeting was dovish. The minutes are another matter. Rate cut odds for July and September dropped on hawkish comments. Chart courtesy of CME Fedwatch Fed May 1 Minutes Key Snip Participants remained highly attentive to inflation risks and noted the uncertainty associated …

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Do you still wonder why both CEO and biggest investor are on their way out?

Reminder.. $HSBC last quarter REDUCED its Credit Loss provisions claiming IMPROVEMENTS in #China real estate sector Meanwhile #china house prices just recorded the biggest Y/Y decline… EVER⚠️ Narrator: do you still wonder why both CEO and biggest investor are on their way out? https://t.co/Y29duYM06B pic.twitter.com/1LiVsChWWr — JustDario 🏊‍♂️ (@DarioCpx) May …

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Still hasn’t passed but is pushing it hard.

https://twitter.com/RadarHits/status/1789709501567807572 This will not help the issue of housing affordability. It will merely increase the value of homes as homebuyers will have more ‘money’ for mortgage payments, which are already elevated: https://t.co/lr4zzxT26b — Reef Insights (@ReefInsights) May 12, 2024

Stan Druckenmiller on Bidenomics: “If I was a professor, I’d give him an F. Treasury is still spending like we’re in a depression. We have 7% budget deficits at full employment… it’s unheard of.”

Stan Druckenmiller on Bidenomics: “If I was a professor, I’d give him an F. Treasury is still spending like we’re in a depression. We have 7% budget deficits at full employment… it’s unheard of.” pic.twitter.com/YTs0EgLkjF — unusual_whales (@unusual_whales) May 12, 2024 Whether it’s a Democrat or Republican in office we …

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“Inflation is still too high. Further progress in bringing it down is not assured, and the path forward is uncertain,” Fed Chair Powell said.

Is the Fed heading towards another monetary policy mistake? "Perhaps, the Fed has no idea what is going on and their past policy mistakes can be taken as proof. If they indeed have no clue, how can anyone trust them?" 👇https://t.co/5SUCjKpcmZ — Global Markets Investor (@GlobalMktObserv) May 4, 2024

Cocoa and coffee still on a tear – coffee is up 120% since Jan 2023, cocoa up 340%!

Cocoa and coffee still on a tear – coffee is up 120% since Jan 2023, cocoa up 340%! pic.twitter.com/5hVBkiCg9O — Longview Economics (@Lvieweconomics) April 19, 2024 Is Chinese copper demand about to fall off a cliff? See our latest Commodity Fundamentals Report for detail pic.twitter.com/zFzhb5tSI2 — Longview Economics (@Lvieweconomics) April …

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For the First Time in History, the Fed Is Reporting Billions in Losses Weekly; It’s Still Paying High Interest Income to the Mega Banks on Wall Street

https://wallstreetonparade.com/2024/04/for-the-first-time-in-history-the-fed-is-reporting-billions-in-losses-weekly-its-still-paying-high-interest-income-to-the-mega-banks-on-wall-street/ The Federal Reserve is losing billions of dollars weekly for the first time ever. Here’s the breakdown: The Problem: The Fed gets low interest (~2%) on the massive amount of bonds it bought during economic stimulus programs (QE). However, they pay high interest rates (over 5%) to big banks for parking …

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Gold is at an all-time high and still nobody wants it!

Gold bugs. A reminder. Gold is on ATH and still nobody wants it!Nobody!Gold is stupid.Owned by cavemen who don’t know how to use an ATM. pic.twitter.com/NFJDujhCzR — VBL’s Ghost (@Sorenthek) April 8, 2024 After an early session sell-off, US stocks managed to bounce back and ended the session green. Gold …

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Despite a robust labor market and economic growth, many Americans still struggle to find jobs

Americas’ Unemployment Problem In 2023, the United States reported an unemployment rate of 3.4%, marking the lowest figure in 54 years with nearly 11.2 million unemployed Americans. Despite this historic low, the narrative surrounding America’s Unemployment Problem reveals a complex and multifaceted issue. The early months of 2024 have shown …

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