A hub for independent voices and hard truths
Chart shows it clear: lower and middle brackets got crushed since 1967, with $100k+ households exploding higher. Everyday costs exploding, corporate profits at records, wages stuck flat for the bottom 80%. $100k household now labeled “high income” in 2022 dollars? …
The Washington Post lost more than $100 million last year, according to a Wall Street Journal report, a substantial shortfall that led the paper to lay off a third of the company earlier this month. The Post’s leaders had been …
“Wknd thought: Very Long Thread on System Liquidity Some see a raging bull market. I see a system exhausting every last bit of available liquidity for one final dance. Those who argue bullishness on solvency (pointing to high aggregate household …
by Michael Why are thousands of Walmart workers suddenly “vanishing” all over the nation? And why are vast numbers of agricultural workers suddenly no longer showing up for work? What I am about to share with you is extremely alarming. …
The silver squeeze is here. A 12% borrowing fee? That’s the market screaming at shorts to run for cover. There aren’t enough shares to go around, and 47,000 in-the-money calls are set to expire. If you’re caught short, you’re trapped. …
🇨🇳 Why Chinese banks are now vanishing – The Economist*In the week ending June 24th, 40 Chinese banks vanished as they were absorbed into bigger ones.https://t.co/Zah97WGTZ4 — Christophe Barraud🛢🐳 (@C_Barraud) July 11, 2024 via MSN: The Chinese banking sector is …
Housing affordability has been a pressing issue in America. While many people point to supply shortages, rising material costs and stagnant wages as drivers behind the crisis, Democratic presidential candidate Robert F. Kennedy Jr. believes there’s another culprit — corporations. …
