Hard-landing recession? Citi just released their prediction that emergency rate cuts begin in September.

“Emergency rate cuts” equals hard-landing recession is inevitable and already underway. No central bank has ever “emergency rate cut” itself out of a recession. https://t.co/QP44holn9s — Uncle Milty’s Ghost (@his_eminence_j) July 7, 2024 Negative growth in Full Time Work. No false positives in predicting a recession. pic.twitter.com/F7nYdUVqv0 — James E. …

READ MORE

Military leaders from Niger, Mali, and Burkina Faso announced their withdrawal from ECOWAS (Economic Community of West African States).

They formed the “Alliance of Sahel States,” seeking sovereignty, security cooperation, and closer ties with Russia while opposing French involvement. The alliance emphasizes African sovereignty amid regional security challenges in the Sahel. https://www.msn.com/en-in/news/world/three-african-nations-embrace-russia-kick-out-french-us-troops-exit-pro-west-ecowas-watch/vi-BB1pxTws https://timesofindia.indiatimes.com/videos/international/three-african-nations-embrace-russia-kick-out-french-u-s-troops-exit-pro-west-ecowas-watch/videoshow/111553685.cms

4 US banks have bigger unrealized losses than their equity capital; over 50 banks face losses exceeding 50% of their equity capital.

As of the first quarter of this year, several banks have faced significant unrealized losses that exceed their equity capital. Here are some notable examples: Union City SVGS Bank: Their unbooked losses equaled a staggering 172.7% of their equity capital. Citizens ST Bank: Unbooked losses at this bank reached 121.4% …

READ MORE

They got their new talking points.

The MSM got their new talking points. Joy Reid’s segment tonight is extremely similar to Maddow’s last night. She claims that Trump will be a dictator that will use the US Military as “death squads” to murder innocents. She also claims we will be living in “A Handmaid’s Tale”.… pic.twitter.com/LP1ziyOytg …

READ MORE

Biden donors demand their money back after president’s debate performance… 1st democratic Rep. officially calls for Biden to step down

Top contributors to President Joe Biden’s re-election bid are inquiring about having their campaign donations refunded after the 81-year-old chief executive delivered a meandering and tottering performance at his first 2024 election debate with Donald Trump last week. During the 90-minute session at CNN’s studios in Atlanta last week, Biden …

READ MORE

The UK ran up debt & deficits like they didn’t matter from 1914-45…& it cost them global reserve currency status & their empire…. US debt increases by $109B in 1 day.

One of the best quotes regarding economics & money IMO… pic.twitter.com/Pj4zqWlYXL — John Haar (@john_at_swan) July 2, 2024 During World War I and World War II, the UK indeed faced significant increases in its national debt. In 1914, the debt stood at £650 million, but by 1919, it had surged to a staggering …

READ MORE

78% of Americans doubt their children will enjoy a better future, Wall Street Journal reports.

According to a recent Wall Street Journal/NORC poll, a majority of Americans believe that their children’s lives may be worse than their own. In the survey, 78% of respondents expressed that they “do not feel confident” their children will be better off. This sentiment reflects a growing pessimism about the future, particularly concerning economic …

READ MORE

Joseph P. Farrell: Chase Bank Customers Are Reporting a Wave of Wire Fraud in their Accounts; the Bank Won’t Make Good on the Looted Funds

Articles: Chase Bank Customers Are Reporting a Wave of Wire Fraud in their Accounts; the Bank Won’t Make Good on the Looted Funds https://wallstreetonparade.com/2024/06/chase-bank-customers-are-reporting-a-wave-of-wire-fraud-in-their-accounts-the-bank-wont-make-good-on-the-looted-funds/ Major Japanese Bank Sets Crash Course for American Shores https://www.thedailydoom.com/p/major-japanese-bank-sets-crash-course h/t Guest

Internal docs from Biden’s DHS show their plans to target Trump supports as domestic extremists.

/1🚨EXCLUSIVE🚨 Internal docs from Biden’s DHS show their plans to target Trump supports as domestic extremists. The Brennan-Clapper intel group discussed how “most of the domestic terrorism threat now comes from supporters of the former president.” #DeepStateDiaries PART 2: pic.twitter.com/q2HcoAe2Kd — America First Legal (@America1stLegal) June 21, 2024 /2 Today, …

READ MORE

Biden’s America: DHS Intel Group Led by Brennan and Clapper Proposed Plan to Have Americans Snitch on Their Neighbors and Redefining Political Dissent as “Public Health” So More People Will Snitch

America First Legal on Thursday released new documents that reveal the Department of Homeland Security was proposing policies to encourage ordinary Americans to snitch on their neighbors. The DHS intel group also included a plan to reclassify political dissent under the guise of “public health” so that ordinary Americans like …

READ MORE

South Florida condo owners are dumping their homes after getting slapped with six-figure special assessments

Maria Tkachun and her husband shelled out $490,000 for a seventh-floor apartment with a terrace and balcony boasting incredible views of South Florida’s Biscayne Bay in 2022. The couple coughed up an additional $100,000 to renovate their unit in the Cricket Club condominium tower, installing extra-large format Italian porcelain tiles …

READ MORE

Multiple Russian banks are preventing clients from logging in because they don’t have liquidity to give clients their money

BREAKING: Rosbank’s website is down. Customers can’t login. Multiple Russian banks are preventing clients from logging in because they don’t have liquidity to give clients their money, due to new US sanctions. Is this the start of a Russian bank run? pic.twitter.com/swI1LUv7st — Visegrád 24 (@visegrad24) June 13, 2024 Russian …

READ MORE

Consumers are tightening their budgets and focusing more on necessities, possibly due to economic uncertainties

For the first time since February 2021, inflation-adjusted grocery spending has increased, signaling a positive growth trend after nearly three years of decline. This means that despite inflation, people are now spending more on groceries in real terms. GROCERY SHOPPING 🍞🥩🥦 Inflation-adjusted grocery spending was positive for the first time …

READ MORE