$28 trillion problem is about to get much worse.

It wasn’t that long ago that candidates vying for the White House tried to win voters over with their plans to reduce the budget deficit, or, better yet, leave the country with no deficit at all. But now, as the dangers of a widening deficit and mounting debt grow, former …

READ MORE

Claudia Sahm knows the job numbers are much worse than the government data shows. Her indicator showed recession 2 reports ago

Claudia Sahm knows the job numbers are much worse than the government data shows. Her indicator showed recession 2 reports ago 👀 — Gimme3Steps (@TheSouthGAJohn) September 17, 2024 https://twitter.com/RJRCapital/status/1836012662272020707 Most uncertain FOMC meeting on record BofA pic.twitter.com/WkQhKaPFcE — Win Smart, CFA (@WinfieldSmart) September 17, 2024 🔥FED WILL CUT RATES ON …

READ MORE

Americans see today’s economic conditions as worse than 2009, surpassing COVID crisis concerns.

100% Banks are sitting on over $600B of unrealized losses — Vimos_crypto (@Vimos_crypto) September 17, 2024 "The global economy is past the cyclical peak as it decelerates from its above-trend momentum on a slew of weaker-than-expected economic data." – BofA Samadhiya pic.twitter.com/X9nbWAO8MV — Win Smart, CFA (@WinfieldSmart) September 17, 2024

China outlook: A “downward spiral”, reckons SocGen. “From bad to worse” and “a vicious cycle,” says Barclays. “Things could get worse before they get better,” warns Morgan Stanley.

via Reuters A look at the day ahead in Asian markets. If deepening gloom around China and a surging Japanese yen are the local market drivers in Asia, the Fed’s upcoming interest rate decision hangs heavily over world markets as growing hopes for a 50 basis point cut push the …

READ MORE

Student DEBT CRISIS ABOUT TO GET WORSE!

There are almost 7,000,000 people in United States with delinquent student loans right now that have been shielded from taking a hit on their credit score from not paying. But starting October 1, 2024 that’s all over with and taking a hit on your credit score at a time when …

READ MORE

Social Security’s 2025 Cost-of-Living Adjustment (COLA) Looks Like Bad News and Worse News for Retirees

Each year, Social Security benefits get a cost-of-living adjustment (COLA) to help retired workers and other recipients keep up with rising prices. The Social Security Administration will announce the official 2025 COLA on Thursday, Oct. 10, shortly after the Labor Department publishes September inflation data. Unfortunately, all evidence suggests the …

READ MORE

This yield curve inversion is WORSE than 1929 and 2008. A complete financial cleansing is overdue. Danielle DiMartino Booth: We are witnessing history

This yield curve inversion is WORSE than 1929 and 2008 Buckle up pic.twitter.com/u3GEu1woDQ — Bravos Research (@bravosresearch) September 5, 2024 🚨CRASH ALERT🚨 1929 VS 2024 Scary ? Don't be alarmed, it gets much worse. A complete financial cleansing is overdue. pic.twitter.com/Ml8ib4E891 — The Great Martis (@great_martis) September 4, 2024 The …

READ MORE

Colorado is Worse Than We Thought.

The Mayor of Aurora, Colorado confirms that Venezuelan gangsters have taken over several apartment building and have pushed out property managers to extort rents from the tenants directly.pic.twitter.com/uH11Hc5Du6 — Citizen Free Press (@CitizenFreePres) August 30, 2024 The mayor of Aurora is worth listening to. Also, the Governor is a globalist. …

READ MORE

Imagine being worse off than slaves

That 7.65% FICA is misleading because your employer is required to match it with another 7.65% that never shows up on your check, which means the actual percentage of your wages is 15.3%. — Jack Mohr (@SOP00067) August 22, 2024 pic.twitter.com/03hlWbDapY — Darth Powell (@VladTheInflator) August 18, 2024

Harris And Trump Would Both Make The National Debt Worse

If the 2024 presidential election ever gets around to serious issues, you’re likely to hear a lot of happy talk from Kamala Harris and Donald Trump. The Democratic and Republican presidential nominees have a lot of plans for tax cuts and government giveaways, customized to please each candidate’s desired constituencies. …

READ MORE

This is so insane. We will end up 100x worse than Europe

INSANE: Kamala Harris reveals she will be freeing all ILLEGAL ALIENS from detention centers in the United States if she becomes President pic.twitter.com/3Gbtib2HHO — Drew Hernandez (@DrewHLive) August 12, 2024 This is so insane We will end up 100x worse than Europe — Drew Hernandez (@DrewHLive) August 12, 2024 https://twitter.com/ordinarygirl1/status/1823089885978497065

Current U3 unemployment formula excludes post-2022 immigration; real unemployment worse with illegal entries. typically, credit card delinquencies follow job losses.

"The formula for current U3 doesn’t included immigration after 2022" So unemployment is worse if you include all the illegals Biden let in https://t.co/mMLn70eql7 — Darth Powell (@VladTheInflator) August 7, 2024 It's strange that credit card delinquencies are rising without much unemployment. Normally dq's follow job losses. pic.twitter.com/ksJHYL6OWX — Random …

READ MORE

CA’s Biggest Lake’s Stench Keeps Getting Worse

“I can’t breathe”: People living near California’s Salton Sea were used to experiencing unpleasant odors coming off the lake in the late summer. But now, according to new research, that smell seems to be blanketing the area for almost half the year. The stench, caused by high hydrogen sulfide levels …

READ MORE

Downtown Seattle at night worse than ever

Thursday morning, City Attorney Ann Davison unveiled legislation to address the drug madness on some of Seattle’s most notorious streets. This is what 3rd Ave & Pike St looked like around 2am. It’s really do or die time for this city.

Whoops..Harris starts race 11 points down; worse than Joe

Democrats’ enjoyment of the Kamala Harris campaign’s “new car smell” may prove short-lived, as a brand new poll shows the vice president trailing former President Trump by a whopping 11 points among likely voters — matching up even worse than President Biden, who trailed by 10. The Forbes/HarrisX survey was conducted July 19-21 — …

READ MORE