FDR era Federal Homeowner’s Loan Bank now a Trillion dollar slush fund bailout program for gambling banks. August 31, 2023 10:14 pm
Macy’s reports uptick in credit card delinquencies – as America’s household debts swell to $1 TRILLION thanks to rampant inflation and higher interest rates August 26, 2023 10:48 pm
China’s $60 trillion financial system could be shaken by default on $2 trillion LGFV bonds. August 24, 2023 9:54 pm
Bidenomics Crazy Train! US Corporate Bankruptcies Are On The Rise As US Federal Annualized Debt Payments Near $1 TRILLION August 24, 2023 10:33 am
Current debt levels are dangerously high, with $17.1 trillion in household, $12.0 trillion in mortgage, $1.6 trillion in auto loans, and $1.0 trillion in credit card debt. August 21, 2023 10:35 am
Hellzapoppin Under Bidenomics! Conforming 30-year Mortgage Rate UP 163.5% (Federal Debt UP 19% Or >$5 Trillion Under Biden While Unfunded Liabilities Are Now At $193 TRILLION) August 20, 2023 8:54 pm
Personal Savings GONE… Americans’ credit card debt breaks record of $1 trillion as interest rates climb August 18, 2023 10:53 am
Here comes the brrr? China Evergrande collapse shows need for $1 trillion Beijing rescue plan, says Clocktower strategist. August 18, 2023 10:25 am
Nvidia stock heads even higher, now worth $1 trillion… Check the one-year stock chart on Nvidia… August 14, 2023 8:46 pm
Blackrock gets half a trillion dollar deal to “rebuild” Ukraine. What a Shock August 11, 2023 2:57 pm
Yellen calls rising credit card debt the sign of a strong consumer. No, Janet, it means tapped out consumers are sinking further into debt they can’t possibly repay. August 9, 2023 6:34 amAugust 8, 2023 10:05 pm
New York Fed: Total Household Debt Reaches $17.06 Trillion in Q2 2023 (increased by $2.9 trillion since the end of 2019); Credit Card Debt Exceeds $1 Trillion for the first time. The Debt Time Bomb is Ticking… August 8, 2023 3:16 pm
Bidenomics! M2 Money Velocity Rises … To Almost Pre-Covid Levels, Fed Balance Sheet Remains Above $8 TRILLION (Biden Energy Secretary Secretly Consulted Top Chinese Energy Official Before SPR Release, Sales To Hunter Biden-Linked Chinese Energy Giant) August 6, 2023 9:30 pm
US government revenue is $5 trillion annually, with 42% of it coming from personal income taxes, requiring half to pay interest on the $33 trillion debt. August 4, 2023 8:41 pmAugust 4, 2023 7:46 pm
Listen To Multi-billionaires Like Jamie Dimon And Warren Buffett. Fitch Downgraded US Debt $32.7 Trillions, Interest Payment Of $1 Trillion, Jenet Yellen Set To Borrow Another $1.8 Trillions Until The End Of The Year After Already Borrowed $1 Trillion After Deb Ceiling Suspension In May. August 3, 2023 9:19 pm
US government plans to increase debt issue size by 60% by August, financing over $2 trillion in deficits and refinancing maturing debt at higher rates. August 2, 2023 9:33 pm
2023 financial statistics show record high US debt, $1 trillion annual interest expense, high credit card debt, and 20.69% average interest rate. August 2, 2023 9:31 pm
US Government launches investigation into $9 trillion asset manager BlackRock over Chinese investments. August 2, 2023 9:41 am
Bidenomics! Mortgage Demand Decreases 3.0% From One Week Earlier, But Purchase Demand Down 26% From Last Year, Down -45% Under Biden While Mortgage Rates Are UP 134% (US Interest Expenses Surged By 50% In Past Year To Nearly $1 Trillion On Annualized Basis) August 2, 2023 9:36 am
Banks are in PAIN! Half of US banks with $11 trillion assets have lower assets value compared to debt liabilities, $2.2 trillion lower than book-value. August 1, 2023 10:55 am
The cost of printing $4 trillion and handing it out: Everyone spends the money, consumer spending falls at a historic pace and then the world pays the price with 40-year high inflation. August 1, 2023 10:34 am
Treasury Alert! $1.859 trillion is what Treasury expects to borrow the rest of the year. For the 3rd quarter, Treasury expects to borrow $1.007 trillion in privately-held net marketable debt. For the 4th quarter Treasury expects to borrow $852 billion in privately-held net marketable debt. July 31, 2023 9:16 pm
The US national debt has increased by $1.8 trillion since the “debt ceiling crisis”. They did it in less than 2 months. At this rate, in 3 months, the debt will be 4 trillion. US Treasury is issuing $102B of long-duration bonds in the upcoming weeks. July 31, 2023 2:51 pm