Independent thinking for complex markets and current events
Musk And Ramaswamy’s DOGE Is Hiring 'A Small Number' Of Full-Time Salaried Employees https://t.co/rUTlgcNuUE #OAN — One America News (@OANN) January 9, 2025 The Department of Government Efficiency (DOGE), led by Trump allies Elon Musk and Vivek Ramaswamy, recently announced that the new organization is recruiting for a “very small number” of full-time positions. Although …
80% of all dollars in circulation have been printed since 2020 https://t.co/rajx6pSWIi pic.twitter.com/0oMIyveBwT — Inverse Cramer (@CramerTracker) January 8, 2025 (Bloomberg) — The 20-year Treasury bond offered a grim warning as a selloff fueled by inflationary angst gripped global debt markets: 5% yields are already here. The 20-year yield, a laggard on the US government …
The S&P 500 is at the same level today as it was on the day after the election. It has gone nowhere for two months, amid EPIC levels of bull shit. New highs – lows peaked the week of the election and are now negative. The election gap that was a bear trap on the …
Investors lose faith in China’s recovery; $18 trillion in wealth destroyed. China iPhone shipments fell by 47% y/y. 🚨INVESTORS LOST FAITH IN CHINA'S ECONOMIC RECOVERY🚨 China's 10-year government bond yield fell below 1.6% for the FIRST TIME EVER. CSI 300 index FELL for the 3rd STRAIGHT day in the worst start to a year in …
by Michael The U.S. government is currently constructing the most colossal monument in the history of the world. It is a monument of debt, and we will forever be remembered as the nation that piled up far more debt than anyone else ever did. For decades, this generation has been recklessly spending the money of …
BlackRock, State Street & Vanguard are the biggest shareholders in UnitedHealth. Private Equity giants are the main reason healthcare is a commodity & not a right. They’re also why you’ll most likely never own a home & build wealth. Ending this is THE fight of our lifetimes. — Revolutionary Change (@JenPerelman24) December 28, 2024 BlackRock's …
US Debt Growing by $1000 billion every 100 days pic.twitter.com/O1UwAch94y — Willem Middelkoop (@wmiddelkoop) December 26, 2024 On the next advancing cycle in gold towards $2,900, I expect senior gold miners GDX test $48 mark. Gold $3,400, GDX to $65. This is my personal view… pic.twitter.com/kr0MTHUkGo — Rashad Hajiyev (@hajiyev_rashad) December 26, 2024 Behold the …
– $10 billion on maintaining, leasing, and furnishing mostly empty buildings – $12 Million on a Las Vegas Pickleball Complex – $3 Million for ‘Girl-Centered Climate Action’ in Brazil – $10,851,439 on Orwellian cat experiments – $4,840,082 on Ukrainian influencers – $20 million on “Ahlan Simsim” a new Sesame Street show in Iraq – $365,000 …
Sprinkling diamond dust into the atmosphere could offset almost all the warming caused by humans since the industrial revolution and “buy us some time” with climate change, scientists say. New research indicates that shooting 5.5 million tons (5 million metric tons) of diamond dust into the stratosphere every year could cool the planet by 1.8 …
Global yields to explode in 2025. pic.twitter.com/n1ycL1tXOD — The Great Martis (@great_martis) December 23, 2024 The U.S. federal debt is projected to reach over $50 trillion by the middle of the next decade. This includes the need to roll over existing debt, which means refinancing or issuing new debt to pay off maturing obligations. The …
This is how we got $36 trillion in debt and $2 trillion annual deficits. They use issues like cancer research funds as a wedge. Then attach Ukraine funding, immunity for big pharma to vaccine injuries and other lobbyist payoffs. They hold popular items hostage so you have to… pic.twitter.com/0jICbidwoo — Wall Street Mav (@WallStreetMav) December …
If you needed any further proof of how banks are “fabricating deposits” via playing ping pong with cash between each other to hide their liquidity hemorrhage here you have it 👇🏻 No you aren’t having hallucinations: US banks alone lost ~1 trillion $USD in the past 9 months If you needed any further proof of …
Was at the Apple Store yesterday to get some upgrades before the tariff war increases prices, this was literally the worst holiday sales the store has seen (per employee) Its so bad you can see the 0 demand for the Vision Pro, totally worth the 40X. 2 weeks before xmas lol pic.twitter.com/nhhdizGBQy — The Punisher …
BREAKING: Total US public debt hits a record $36.17 TRILLION, up $1 trillion over the last 105 days. US federal debt has risen by an average of $9.5 billion per day over the last 105 days. At the current pace, total US debt would hit $40 trillion for the first time in history by February …
Great strides have been made in technology and artificial intelligence, making humanoid robots seem like a not-so-distant reality. In a recent episode of Opening Bid, Citi Global Insights analysts Rob Garlick and Wenyan Fei discussed their research on the advancement of humanoid robots over the next 25 years. “Robots are hardly new, but there’s a …
Authored by Charles Hugh-Smith via oftwominds, There is no way to cut federal spending without reconfiguring the economy from the ground up, starting with healthcare. The words “government” and “efficiency” are rarely found in each other’s company, because efficiency isn’t integral to the function of government the way it is in private enterprise. Efficiency is …
At the current pace, US debt could hit $40 trillion within the next 2 years. Calls for major spending cuts are growing, but not being acted on yet. We are on an unsustainable fiscal path. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) November 27, 2024 Over $70 …
Here we go! 1. Ghost Workers 👻 We are spending $15.7 billion a year on underutilized buildings. Many are vacant! Bureaucrats refuse to show up to work, so why are we paying for empty buildings? — Joni Ernst (@SenJoniErnst) November 25, 2024 Good question. A better question is why are bureaucrats ALLOWED to refuse to show …
Christopher Whalen, Chairman of Whalen Global Advisors, discusses the banking sector, Bitcoin, gold, stocks, outlook for interest rates, and the future of the economy under a “3-3-3” Scott Bessent policy.
by James Hickman Andrew Jackson was never supposed to be President. When he entered the presidential race in 1828, most of the ‘experts’ viewed him as a joke candidate with no chance of victory. Party insiders assumed that, at most, Jackson might steal a few votes from opposition candidates… but that he was no real …
by confoundedinterest17 Meet the new boss, same as the old boss. We did get fooled again! The problem with the national debt can’t be fixed with Mitch McConnell still in the Senate and too many Obama-era political hacks still in Washington DC. The Obama/Biden era began in 2009 and it still exists despite Trump winning …
The United Nations is seeking to extort trillions of dollars from what’s left of the American middle class under the guise of “climate change,” and House Republicans seem to be embracing the climate scam despite Trump’s victory, explains international journalist Alex Newman on Absolute Truth with Emerald Robinson. https://libertysentinel.org/cop29-fraud-to-build-one-world-government-alex-newman-on-worldview-tube/ h/t Coastie Patriot
If we don’t tackle the national debt, all tax revenue will go to paying interest and there will be nothing left for anything else https://t.co/BakfL5lbdE — Elon Musk (@elonmusk) November 18, 2024 DOGE won't be able to cut enough to make a difference unless they are willing to cut entitlements. Social Sec, Medicare and Medicaid …
Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances rose by $24 billion in the third quarter of 2024 and are 8.1% higher than a year ago. Despite that increase, credit card delinquency …
It's either going to work or it's not. Here is the alternative https://t.co/cHZA2wHnPB pic.twitter.com/LMEI4tISZL — zerohedge (@zerohedge) November 13, 2024 US Deficit Explodes: Blowout October According to the latest Treasury data released today, in the first month of fiscal 2025 (October), the US spent a massive $584.2 billion, a 24.3% increase from the prior year, …
I’m finally coming around. #Bitcoin fixes Social Security. I’ve got the plan: The Social Security Trust Fund now owns about $2.7 trillion in Treasuries. It should sell all of those Treasuries and buy Bitcoin. This buying will surely send Bitcoin to the moon, especially since a new QE program will be required to buy all …
Is there era of massive government “stimulus” finally over? Bonds are certain it is. The Chinese are doing their best to make sure that’s the result, in large part because they don’t know what to do. That much is becoming clear and the implications are already going global. Just ask anyone with oil.
BREAKING: 🇨🇳 China announced a $1.4 TRILLION debt bailout and is working on more measures to boost the economy. pic.twitter.com/VP3iNzn2rl — Radar 𝘸 Archie🚨 (@RadarHits) November 8, 2024 BEIJING — China on Friday announced the central government would allocate an additional 6 trillion yuan ($840 billion) to local governments for tackling hidden debt issues. The …
Musk wants to SLASH $2 TRILLION from Harris / Biden budget.. Department of Government Efficiency Day 1.. pic.twitter.com/lDVEP1b9LG — Chuck Callesto (@ChuckCallesto) October 29, 2024
by confoundedinterest17 I just watched Dennis Quaid in “Reagan”. Excellent film. But it reminded me of how Reagan sank the Soviet Union: by outspending the Soviet Union on the arms race. It worked! The Soviet Union, hamstrung by grossly inefficent central planning, couldn’t keep up and collapsed under President George H.W.Bush. Fast forward to today. …