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Interest payments on the debt now exceed national defense spending. Economists are divided on whether this debt poses a serious threat to economic stability or remains manageable with economic growth. Political debates focus on whether to cut spending or increase …
The U.S. #NationalDebt just broke $35 trillion, up over $7.2 trillion since #Biden took office. It took 43 presidents 215 years to add the first $7.2 trillion. Biden did it in just 3.5 years. #Trump added a single-term record $7.8 …
$1.9 Trillion of Value Erased from Magnificent Seven Stocks in Just 16 Days byu/EconomySoltani inStockMarket
by confoundedinterest17 What’s it going to be? Mortgage rate increases or balance sheet (MBS) reductions? Since the Covid outbreak in early 2020, The Fed went wild with rate cuts and massive and unpredented balance sheet expansion. Let’s look at The Fed’s …
Harris-Biden Treasury Sec. Janet Yellen says their "transition to a lower carbon global economy" will "require no less than $3 trillion" each year pic.twitter.com/Ho5AoT3e9e — RNC Research (@RNCResearch) July 28, 2024 This idiot wants $78 Trillion to fight the weather. …
by confoundedinterest17 This scene from the film “McCabe and Mrs. Miller” sums up our political plight quite nicley. Politicians spend like crazy to stay in power (Biden/Harris) are excellent examples). Politicians promises endless money, then shoot the economy. The US is …
Has the day of reckoning finally arrived? Wednesday’s rout in tech stocks led by Tesla and Google parent Alphabet wiped a collective $1 trillion in value off U.S. equities, signaling a broad-based correction could be in store. Losses in the …
According to a recent report, interest payments on the U.S. national debt are projected to reach $1.14 trillion this year, which would consume approximately 76% of all personal income taxes collected. This significant increase in interest payments is attributed to rising interest …
“The U.S. dollar will lose substantial purchasing power in the next 10 years,” warns Rick Rule, founder and CEO of Rule Investment Media. During this year’s Rule Symposium in Florida, he explained to Daniela Cambone that exploding liabilities, including $100 …
Consumer sentiment is lower today than during the height of the pandemic lockdown in March/April of 2020. It is currently at levels traditionally seen during recessions. — Wealthion (@wealthion) July 14, 2024 THIS IS WILD: $2.1 trillion of US excess …
Citigroup 2024 Recap⚠️ -Subject to FINRA disqualification for aiding and abetting -Failed Stress Test after Fed identified "weakness" in Resolution (Bankruptcy) Plan-Fined for bad books/inability to manage "ongoing risk" Did I mention they have $30 Trillion in Swaps? pic.twitter.com/ej4JQmhQ3X — …
Some great points in this video. It gets really good near the end. There’s $38 trillion sitting in 401k’s/IRA’s. Where do you think the next money grab is going to some from by the US government? Easy to do via …
via WSJ: U.S. prosecutors are cracking down on commercial mortgage fraud, a growing push that is sending shudders through the $4.7 trillion industry by raising questions about the numbers underpinning major property loans. Regulators and federal prosecutors say that property …
In this eye-opening video, Patrick Bet-David discusses the groundbreaking decision by James Lee to launch the Texas Stock exchange. With early support from BlackRock & Citadel, many believe it can compete with the mighty NYSE and Nasdaq.
Biden: "the wealthy should pay more to keep social security solvent" Social Security is underfunded by $175 trillion. The "wealthy" will need to pay 7x US GDP in taxes to keep it solvent — zerohedge (@zerohedge) June 28, 2024 According …
After an unprecedented three-year timeout on federal student loan payments because of the pandemic, millions of borrowers began repaying their debt when billing resumed late last year. But nearly as many have not. That reality, along with court decisions that …
Hedge-fund Manager Says Nvidia Will Hit a $6 Trillion Valuation by Year-end Hedge fund manager Eric Jackson has made a bold prediction regarding Nvidia’s stock performance, forecasting that it will reach $250 per share by the end of the year. …
The financial landscape is in turmoil: credit card interest rates have surged to an unprecedented 21.47%, while credit card debt has crossed the $1 trillion mark. Personal interest payments have climbed to over $500 billion, signaling a looming consumer crisis. …
The Commodity Futures Trading Commission (CFTC) recently approved a final rule amending the capital and financial reporting requirements for Swap Dealers (SDs) and Major Swap Participants (MSPs) . These amendments aim to make it easier for SDs and MSPs to comply …
The Congressional Budget Office (CBO) has recently updated its projections for the U.S. government’s budget deficit. Here are the key points: Fiscal Year 2024 Deficit: The projected deficit for fiscal year 2024 is $1.9 trillion. Adjusted to exclude certain payment …
The interest on the U.S. national debt has surpassed the significant milestone of $1 trillion annually. This cost has nearly doubled over the past three years. It’s a substantial figure, reflecting the financial strain on the government due to rising …
Global debt has reached staggering levels. As of 2023, the total global debt stands at approximately $225 trillion. However, projections indicate that this figure could rise significantly by 2030. Let’s delve into the details: Global Debt Trends: Global leverage has been trending upward, …
https://usdebtclock.org/current-rates.html
The entire value of the S&P 500 currently stands at $45.5 trillion, according to FactSet. Tesla CEO Elon Musk claimed on Thursday that his company’s Optimus humanoid robots could eventually make the automaker worth more than half of that. Musk, …
Thomas Massie was one of the only members of Congress who tried to stop the inflation-exploding $2.2 Trillion “CARES Act.” He will always be a legend for this. byu/AbolishtheDraft inAnarcho_Capitalism Thomas Massie, a Republican Congressman, stood out by opposing the $2.2 …
by confoundedinterest17 Too much debt should be the theme song for the US! Both for consumers and the Feral government (not a typo!) Consumer credit increased by +$6.403 billion in April, much softer than consensus estimate of +$10 billion … more …
A record $8.9 trillion of government debt will mature over the next year, see the first chart below. The government budget deficit in 2024 will be $1.4 trillion according to the CBO, and the Fed has been running down its …
The landscape of US commercial real estate (CRE) is facing unprecedented challenges, with prices plummeting 21% from their 2022 peaks. The latest figures reveal a staggering milestone: the US office vacancy rate has surged to a historic high of 19%, …
Nividia stock price is Unsustainable. I’m sure Mr. Buffett is laughing! — Kerby Roberson (@KMACKROB) June 5, 2024 Nvidia vs Cisco How we looking ? pic.twitter.com/Pxi9XE5i4V — The Great Martis (@great_martis) June 5, 2024
