NY Fed warns that 12.9% of households teeter on the brink of delinquency.

The New York Federal Reserve’s latest report sends shockwaves through the financial world as a staggering 12.9% of households in April express fears of falling into delinquency within the next three months. This grim statistic marks the highest level since the tumultuous days of April 2020, heightening concerns about the looming debt crisis. What’s particularly …

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China’s Economy in Freefall, Global Markets Teeter on Edge

The recent decline in the Chinese market has sent shockwaves through the global economy, raising serious concerns about the state of China’s economic health. Alicia García Herrero, Chief Asia-Pacific Economist for Natixis, succinctly captured the prevailing sentiment: “Nobody believes the economic situation is going to get any better.” This lack of confidence is deeply troubling, …

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Americans, whose wealth is largely tied up in their homes, face the looming threat of a housing market crisis as home prices teeter on the edge.

Americans are poor people with a manipulated home price. They don't have/save shit pic.twitter.com/j8b8IDajcU — Darth Powell (@VladTheInflator) April 7, 2024 Guys this time is totally different! Also this time: pic.twitter.com/65cBdcJZDn — Darth Powell (@VladTheInflator) April 7, 2024 How many people have held onto their house because they were told rates would come down before …

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Sanctuary Cities teeter on collapse as the crisis hits the streets, reaching a breaking point.

CHICAGO IS ON THE VERGE OF COLLAPSE: MAYOR pic.twitter.com/od5EY8AsiA — The_Real_Fly (@The_Real_Fly) December 27, 2023 IT’S OVER: "For many months we were able to keep visualization of this crisis from hitting our streets… But we have reached a breaking point. We are no longer able to do that." pic.twitter.com/CQxIXHruXR — The_Real_Fly (@The_Real_Fly) December 27, 2023 …

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