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Due to record-high levels of debt accumulation across sectors, rising interest rates, and inflation, the current economic situation is under threat of becoming unsustainable.

Record-High Household Debt: The fact that household debt in the U.S. has reached $17.1 trillion is alarming. High levels of household debt can strain individuals and families, making it difficult for them to manage their finances and save for the future. Mortgage Debt: The record $12.0 trillion in mortgage debt indicates a growing burden on …

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Population of Legal Immigrants and Illegal Aliens SKYROCKETS to 46 Million Under Biden

via thenationalpulse: U.S. Census Bureau statistics show the immigrant population in the United States now stands at some 46 million, having increased dramatically since Joe Biden replaced Donald Trump as President. “The foreign-born population zoomed up,” said Brookings Institution demographer William Frey of the figures, noting that the “gain in 2022 was as big as …

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Far-left activists have stormed U.S. Speaker Kevin McCarthy’s office…. Equal treatment under the law?

BREAKING: Far-left activists have stormed U.S. Speaker Kevin McCarthy’s office. A very sad day for Democracy… will they be thrown in prison for years on end for this? The radical activists stormed McCarthy’s office to riot in favor of a 5 year reauthorization of PEPFAR, a… pic.twitter.com/OVB5jjEUgE — Collin Rugg (@CollinRugg) September 11, 2023 h/t …

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Joe Biden Celebrates the Coming Rise in Gas and Oil Prices Under Bidenomics: “We’re canceling all remaining oil and gas leases”

We’re canceling all remaining oil and gas leases issued under the previous administration in the Arctic Refuge and protecting more than 13 million acres in the Western Arctic. As the climate crisis warms the Arctic, we have a responsibility to protect this treasured region for… — Joe Biden (@JoeBiden) September 7, 2023 What you’re really …

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Greece are under water this morning

Almost all the villages of the plain of Karditsa, #Greece are under water this morning 😭#ClimateEmergency #ClimateActionNow pic.twitter.com/f5vzduGpQN — Volcaholic 🌋 (@volcaholic1) September 7, 2023

US Beginning Credit Super Cycle (Bidenomics = Inflation, Rising Debt, Rising Delinquencies) Mortgage Rates UP 158% Under Bidenomics

by confoundedinterest17 Thanks to Bidenomics, code for massive Federal spending on green energy initiatives and payoffs fo large donors, we have agonizing inflation and consumers are borrowing more and more to cope with inflation. And with the increased use of debt comes …. drumroll … delinquenices! Let’s start with mortgage loans, the overall delinquency rate …

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Bidenomics 101 (Hand To Mouth): 61% Of Americans Living Paycheck To Paycheck With Unsustainable Debt Levels, Up 19.4% Under Biden (50,000 U.S. Stores Likely To Close By End Of 2027)

by confoundedinterest17 Bidenomics is forcing Americans to live hand to mouth. Or as Lou Chrisite sang, “Lightning Strikes …. Americans” leaving them worse off under Bidenomics. The cost of living has been soaring, and our standard of living has been steadily going down. Coping with inflation is tough for American households where consumer debt is up 19.$ under …

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Cancer in under 50 surges by 79%

Cancer in under-50s surges by 79 percent — ‘Western’ diet, alcohol to blame: study https://t.co/UI8uoTo92s pic.twitter.com/eYzEcmjdzY — New York Post (@nypost) September 6, 2023

America Under Attack: Massive 5-Alarm Fire at NYC Department of Transportation Warehouse

WILLETS POINT, Queens (WABC) — At least five firefighters were injured while battling a massive fire at a New York City Department of Transportation building in Queens. FDNY officials say the five-alarm fire started at around 10 p.m. Monday at the NYC DOT Harper Street Plant, a warehouse and maintenance space located on Harper Street …

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Biden’s ShamWow Economy! Real Home Price To Real Median Earnings Not As Bad As 2006’s Housing Bubble (Home Prices UP 32% Under Biden While Mortgage Rates UP 155%)

by confoundedinterest17 You know Bidenomics isn’t working at all when the best I can say about it is … the current housing bubble isn’t as bad as the house price bubble of 2006. We are truly in Biden’s ShamWow economy! Yes, if I look at real home prices less real median earnings we can see that …

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Bidenomics At Work! US Purchase Mortgage Demand Decreased 0.3% Since Last Week, Down -27% Since Last Year (Mortgage Rate UP 157% Under Biden)

by confoundedinterest17 I wonder if Biden will use his writeboard to brag about the 30-year mortgage rate rising 157% under his economic Reign on Error? Aka, Bidenomics. Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 25, …

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About That Legendary Jobs Market Under Bidenomics! ADP Jobs Added “Underwhelming” In August As Job Openings (JOLTs) Collapse

by confoundedinterest17 Billions Biden, the President who loves to (recklessly) spend taxpayer money (mostly on large donors). is going to have difficuly spinnig the latest employment figures. First, ADP jobs added only 177k jobs in August. Second, job openings (JOLTs) are collapsing (blue line) while the S&P 500 index keeps climbing (orange line). The face of …

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Idalia Now a Hurricane – Expected to Rapidly Intensify. FL Under Widespread STATE OF EMERGENCY

BULLETIN Hurricane Idalia Advisory Number 11 NWS National Hurricane Center Miami FL AL102023 400 AM CDT Tue Aug 29 2023 …IDALIA NOW A HURRICANE… …EXPECTED TO RAPIDLY INTENSIFY INTO AN EXTREMELY DANGEROUS MAJOR HURRICANE BEFORE LANDFALL ON WEDNESDAY… https://www.nhc.noaa.gov/text/refresh/MIATCPAT5%20shtml/290856.shtml With an inner core now present, the stage is set for Idalia to rapidly intensify before …

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Livin’ La Vida Bidenomics! US Conforming Mortgage Rate Up 161% Under Biden, Home Prices UP 26%, Real Median Weekly Earnings DOWN -5%

by confoundedinterest17 We are livin’ la vida Bidenomics! The 30-year conforming mortgage rate is currently 7.23%, up 161% under Biden and Bidenomics (code for massive Federal spending on green initiatives that go to large Democrat donors and Ukrainian oligarchs). Meanwhile, M2 Money supply is up 9.4% under Biden. At the same time. home prices are …

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Household Essentials Cost Far More Under Bidenomics! Gasoline Prices Up 72%, Rent Of Primary Residence Up 16%, Food At Home Up 20% Under Biden! (30Y Mortgage Rate UP 163% Under “Middle Class Joe”)

by confoundedinterest17 Middle class Joe my ^%&! Joe Biden will always be remembered for lying about never raising taxes on households making under $400,000. Inflation is a permanent tax, mostly on those making under $400,000 per year. And household essentials are up substantially under Biden: gasoline prices are up 72%, rent CPI of Primary Residence is …

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Bidenomics Mortgage Market! Mortgage Rates Now 7.2%, UP 159% Under Maui Joe! (10Y-2Y Yield Curve Collapsed From +100 BPS To -63 BPS)

by confoundedinterest17 Maui Joe Biden received a lot of help from his friends at The Federal Reserve! Thanks to the crippling effects of Bidenomics (Fed easing then tightening to combat inflation caused by insane green spending and a war in Ukraine), US mortgage rates (conforming 30-year) has increased 159%. On the yield curve side, the …

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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)

by confoundedinterest17 Hellzapoppin under Bidenomics! And it isn’t a musical, but a tragedy. Between The Federal Reserve’s outrageous overreaction to Covid (printing like there was no tomorrow), and Biden’s massive spending spree (lots of moldy (green) spending, we have see horrid inflation. And The Fed trying (sort of) to combat inflation, we see that 30-year CONFORMING …

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Bidenomics In One Chart! Hourly Pay UP 12% Under Biden, But Inflation Is UP 16% (REAL Wage Growth Is -4%)

by confoundedinterest17 The themesong of Bidenomics is Randy Newman’s “Mr. President,” Have pity on the working man instead of paying off green energy BIG donors. The massive green enegy spending spree by Biden and Congress (disguised as Inflation Reduction Act) is the keystone of Bidenomics. Or loadstone. Since Biden became President, hourly pay has risen 12%! Unfortunately, …

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Tesla under investigation amid fears deadly crash may have involved autopilot system

The National Highway Traffic Safety Administration has opened an investigation into a fatal crash involving a Tesla Model Y earlier this year, according to Reuters, after the agency suspected the vehicle was relying on its Autopilot system—marking the latest probe into Tesla’s self-driving system amid scrutiny from auto regulators and the Justice Department. Key Takeaways The …

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THE UNITED STATES IS UNDER CYBER ATTACK

JUST IN – Cyberattack on hospitals in several US states underway. — Disclose.tv (@disclosetv) August 4, 2023 A cyberattack has disrupted hospitals and health care in several states https://t.co/jJe4ArWXQv — EndGameWW3 🇺🇸 (@EndGameWW3) August 4, 2023 https://t.co/8JRbXk2mKO A cyberattack has disrupted hospital computer systems in several states, forcing some emergency rooms to close and ambulances …

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US Gasoline Prices Surge Again 6.5% Since 7/23/2023 (Gas Prices UP 60% Under Bidenomics As Strategic Petroleum Reserve DOWN -46% Under Corrupt Joe)

by confoundedinterest17 Josef Stalin of the old Soviet Union used to be called County Joe. But Biden has so many possible nicknames: Corrupt Joe, Pay-for-play Joe, Sleazy Joe, Bully Joe, etc. How about Green Joe? Green Joe (or the Nasty Green Giant?) along with his energy goon Jennifer Granholm, have drained the strategic petroleum reserve …

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Bidenomics! Biden Blames USA Downgrade On Trump (But Economy Added 12.53 Million Jobs After Covid Shutdowns Ended Under Trump While It Took 2 1/2 Years For Bidenomics To Add 12.56 Million Jobs)

by confoundedinterest17 Bidenomics is where the Attorney General Garland gives Hunter Biden blanket amnesty and arrests Biden’s Presidential opponent. Welcome to the United Venezuelan States of America!e The new regime talking points are out – namely that Fitch downgraded the US credit rating from AAA  to AA+ on Tuesday because of MAGA Republicans and all …

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