Independent thinking for complex markets and current events
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 …
“BIDEN POLICY: 823,000 ALIENS FLOWN INTO THE U.S. Biden-Mayorkas allegedly implemented a policy flying inadmissible aliens into the interior of the U.S., reportedly bringing in up to 45,000 per month from various countries. Since the policy’s launch, 823,000 individuals have been transported. For comparison, only 65,000 were relocated in the 10 years prior to this …
I think that is more than Harvey https://t.co/xIGfE9UrtZ — Mudduck (@mudduck_james) September 30, 2024
The everything bubble is about to burst. Worst housing crash in history expected, We’re in a more dangerous bubble and the U.S. economy is destroyed.
Housing costs may have gotten out of control, but there’s another expense that now poses an even greater burden to many American families: child care. Jessica Norwood, a working mother of two in North Carolina and host of the financial-literacy show “The Sugar Daddy Podcast,” said daycare costs when her two children were ages 3 …
The U.S. thinks weakened access to energy is good for the U.S.? I don't understand this. — Alec Allen (@S3XYstarship) May 1, 2024 It's on the way to Biden to sign! #URANIUM ban has arrived!! pic.twitter.com/MtXOfyL7JZ — Rick Grimsley (@saab340b) April 30, 2024
Exactly. Increasing illegals boosts Dem voting power, causing them to recruit even more! If Dems win President, House & Senate (with enough seats to overcome filibuster), they’ll grant citizenship to all illegals & America will become a permanent one-party deep socialist state. https://t.co/XoSM2Bk0py — Elon Musk (@elonmusk) March 11, 2024 Elon Musk and Bill Hagerty …
New Hampshire Town Alarmed Due to the Opening of a New “Diaper Spa” Where Adults Wear Diapers and Pretend to be Babies via @gatewaypundit https://t.co/ENcaQYZ4dD — The Gateway Pundit (@gatewaypundit) February 3, 2024 New Hampshire Town Alarmed Due to Opening of New “Diaper Spa” Where Adults Wear Diapers and Pretend to Be Babies A controversial …
Stephen Schwarzman, CEO of Blackstone, expressed serious concerns about the future of the U.S. economy should President Joe Biden win another term in the White House. In an interview with Bloomberg in Davos, Switzerland, Schwarzman cited the current $2 trillion deficit, increasing debt-to-GDP ratio, and open borders policy as economic threats. He questioned whether the …
by Michael Wow, our economic problems really are starting to accelerate at a shocking pace. I know that I have been writing about layoffs a lot lately, but what is happening to the employment market right now is definitely big news. Day after day, more large companies are announcing mass layoffs. Why would all of these …
An Joint-Statement is reportedly expected to be made in the coming hours by the United States, Britain, and an Unknown European Country, announcing that they are in Final Preparations for a Large-Scale Military Operation against the Houthi Terrorist Group in Yemen which will… pic.twitter.com/zY7PB0oa5m — OSINTdefender (@sentdefender) December 31, 2023 Source: https://t.co/EzU2WlWTT1 — OSINTdefender (@sentdefender) …
by Chris Black 🔹Color revolution in Sri Lanka 🔹Soft coup in Pakistan 🔹Ongoing chaos in Nepal 🔹Meddling in Bangladesh elections 🔹Fueling ethnic wars in Myanmar 🔹Afghanistan is also a target to disrupt BRI It’s finally up to Asian people and governments to determine if they want to be geopolitical pawns or not.
by Chris Black An Echelon Insights polling of 1,029 likely voters, conducted between October 23-26, found that 72 percent of those asked would not be willing to volunteer to serve in the armed forces were America to enter a major conflict, compared with 21 percent who would and the remainder saying they were unsure. Another …
View post on imgur.com …U.S. Center of Disease Control that show mortality rates alarmingly rising for different categories. For example, younger adult mortality rates are up more than 20% in 2023, the CDC said. Cause of death data show increased cardiac mortality in all ages. And even as COVID-related causes declined in 2022, others rose, …
by Chris Black He declared they are “savages” and “must be eradicated”. Jack Tapper, who was interviewing him, gave no push-back at all on these comments. The U.S. elite class is increasingly detached from reality and any sense of the word “morality”.
by Chris Black No lies detected here. Russia is fighting NATO, not the Ukraine, and it’s winning. That should be concerning for the powers that be. American charity isn’t going to last indefinitely. Political support for the war is plummeting. The only way to save Ukraine is to find a way for NATO to get …
A town in Texas is seeing firsthand the waste stream problem created by spent wind turbine blades. It’s a problem Wyoming has been considering for years, with various proposals to address the issue. While some companies say they hope to repurpose the material for things like concrete, nothing has yet materialized. Mike Gill, a mechanical …
Photo by KeepCoding From Birch Gold Group Forbes recently compiled a list of the most scammed states in America, and the results are less than thrilling. We don’t just say that because they ranked California first and the only state with 100 on a 100-point index… As the Federal Trade Commission (FTC) report notes, the scams themselves are as varied as …
by Chris Black Japanese investors have already begun adjusting investment portfolios away from U.S. bonds in light of rising FX hedging costs (https://archive.is/BGtTQ) and in anticipation of higher JGB yields (https://archive.is/8MWKR). Official sector data (https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html) show a notable decline in Japanese holdings of Treasuries, a slight decline in Agency MBS, and a modest increase in …
President Joe Biden’s Department of Homeland Security (DHS) allowed an illegal alien on the Federal Bureau of Investigation’s (FBI) “Terrorist Watch List” to board a domestic flight after releasing him into the United States, a federal probe reveals. A report issued by DHS Inspector General (IG) Joseph Cuffari details how DHS, on April 19, 2022, …
by Chris Black This guy is finished. Andrew and Tristan Tate Charged After more than 14 months of investigation, the judiciary has charged Andrew Tate with rape and human trafficking. This case appears to be remarkably weak, and it was evident that charges would be brought against them. They have been held in… pic.twitter.com/PNAJeKRg9R — …
“We are restricting freedom, but we are doing so for the common good.” There is never any "common good" that comes out of restricting freedom and for crying out loud. It's Ireland, I cannot imagine needing to restrict freedom of speech there. "You must not speak bad about Jameson, or else!!" — EV_Trapper (@EV_Trapper) June …
via UPI: Births to teen moms in the United States reached a historic low in 2022, dropping 3% from the previous year, a new government report shows. Teenage births fell among both younger teens, ages 15 to 17, and older teens, aged 18 to 19, the U.S. Center for Disease Control and Prevention reported Thursday. With exceptions in 2006 …
Everyone's talking about how the U.S just hit $1 trillion in total credit card debt But what's more concerning: That number has increased by +$250 billion in just 2 years This doesn't end well pic.twitter.com/LK7oUrne2D — Genevieve Roch-Decter, CFA (@GRDecter) May 31, 2023 U.S. Consumer Debt Piles up to $17 Trillion More, more, more. According …
Top Chart: Over the past +50 years, the inversions of the 50 day SMA of the 10 year treasury rates minus the 50 day SMA of the 3 month treasury rates have all preceded the start of a U.S. recession (there have been no false indicators or exceptions to this rule). The 8 recessions …