A hub for independent voices and hard truths
by confoundedinterest17 It’s not always sunny in Philadelphia! And not because the Eagles got stomped by Baker Mayfield and the Tampa Bay Bucs. Manufacturing activity in the Philadelphia region continued to decline in January (for the 18th month of the last 20). The headline Philly Fed survey printed -10.6 (worse …
1bn newspaper articles over 170 years (>95x English Wiki entries) researchers found a remarkable 50 year collapse in economic sentiment. h/t Infamous_Sympathy_91
It’s infuriating! The hard-earned savings of Americans are being decimated. Biden’s policies are a disaster! The average retirement account lost $33,200 in buying power — one quarter of its value — since Joe Biden took office. This could delay millions of Americans retirement by years — up to a decade …
by C3PO-Leader All earners are taking a hit unfortunately, but hey now we will give free healthcare to illegal immigrants. I think Gavin Newsom should be arrested and responsible for restitution to every taxpayer for using our taxes for criminal activity. #California What are my chances @mrddmia? https://t.co/zLqcL8BP6b — 🗑️ …
by B3stAuD1t0rofA11tiME The entire thesis of bitcoin being decentralized effectively will be destroyed the day banks create a centralized exchange. Not only will this cause a significant drop in the valuation long term it will be enormously profitable short term for those granted approval. Transactions through the ETF will be …
by Michael Radical Islamic activists are increasingly causing major problems all over the United States. They are blocking airports, storming government buildings and causing all sorts of chaos in the streets. Unfortunately, thanks to the Biden administration more Muslim extremists continue to pour into this country with each passing day. …
by mark000 UK Q2 initially reported as 0.2% now 0.0% Q3 initially reported as 0.0% now -0.1% NZ 22Q4: -0.6% 23Q1: was 0.0% now -0.2% 23Q2: was 0.9% now 0.5% 23Q3: just released, forecast was +0.3% instead -0.3% The global economy is faring worse than expected in 2023. via CNN: …
The NYC Subway maybe have just hit rock bottom. What can be done to fix it?
By Martin Armstrong COMMENT #1: This is in regards to your blog labeled “Homelessness at All-Time High in World’s Wealthiest Nation.” My wife tried to get her Aunt, who has nothing but the clothes on her back, government assistant housing in South Carolina. They told us they haven’t been accepting applications …
Dave Rubin of “The Rubin Report” talks to Bret Weinstein about the decline of enlightenment liberalism; whether tribalism is Western civilization’s future; why Western civilization has been reversing course on racial equality; the missteps of the New Atheists and the challenge of reconciling past wisdom with modern problems; the societal …
via Daniel Lacalle: Although the Federal Reserve and the European Central Bank’s message regarding interest rate cuts seems clear, reiterating their commitment to reducing inflation, the market is expecting between five and six interest rate cuts, between 125 and 150 basis points, in the next twelve months. This shows us the bubble bias of …
https://twitter.com/GregCrennan/status/1737172258467254709 Christmas spending increases due to inflation concerns; 24% cite inflation as the reason, while 37% cut expenses, blaming inflation, up from 15% last year. The surge in homelessness, reaching a staggering 653,104 people, unveils a heartbreaking reality in the U.S. Declining assistance packages and a shocking +20% increase in …
Teens cannot enter without an adult. IDs must be shown. Items behind glass. Self-checkout closed. Receipt inspection. This is not Fort Knox.This is a Target in the Bronx. pic.twitter.com/ZILVUfYxhY — End Wokeness (@EndWokeness) December 9, 2023 Target in Pasadena, CA This is a good enough reason to never go shopping …
JPMorgan said the vast majority of Americans have burned through excess savings. It’s likely that all but the top 1% of consumers will be worse off financially in mid-2024 than they were pre-pandemic, the bank said. BofA wrote this month that elder millennials face a particularly tough set of circumstances. …
The cycle was ending and the Fed was already easing in 2019 before the pandemic. However, the pandemic asset bubble guarantees this recession will be many times worse than it would have been.https://t.co/resrCdAIzT Interest payments have doubled since the pandemic lows. pic.twitter.com/3Y9PywZR8Q — Mac10 (@SuburbanDrone) December 3, 2023 This show …
No one can afford mortgages except the rich. Even upper middle class people can’t afford them now. It’s ridiculous. Pending home sales drop to a record low, even worse than during the financial crisis https://t.co/IP4AWS5sdW — Eldredge Woodworks of Cape Cod (@Josh_Eldredge_) December 1, 2023 Pending home sales, a measure …
EXCLUSIVE VIDEO: OMG goes undercover in Fresno to report on Chinese funded Bio Lab Daniel Sepulveda, US Congressional staffer to Jim Costa admits the illegal Chinese biolab poses a grave risk to public health and national security. Asked if his boss, thinks the lab endangered… pic.twitter.com/7XB7V4BsGM — James O'Keefe (@JamesOKeefeIII) …
Report: During Spring Banking Crisis, Banks Borrowed Over $1 Trillion from Federal Home Loan Banks — $100 Billion More than During the Crash of 2008 By Pam Martens and Russ Martens: November 8, 2023 ~ Yesterday, the regulator of the Federal Home Loan Bank system, the Federal Housing Finance Agency (FHFA), released …
Lower-income consumers have been hit harder by rising prices for basics. And those higher prices overall have made customers more selective when they spend on things they want rather than things they need. Higher energy prices and borrowing costs, as well as stricter credit conditions and the return of student-loan …
WASHINGTON (TND) — Many Americans are having trouble making ends meet due to economic conditions, including interest rates. Over the past several months, we’ve heard from many people nationwide about their financial concerns – whether related to business or weekly expenses. In a new Bankrate survey, 50% of U.S. adults say their overall …
The American middle class is dying right before our eyes. In the past decade alone, middle-income earners lost more purchasing power than they did between 1970 and 1990. That’s all thanks to the rising cost of living in the United States, which pushed median home prices from $17,000 in the …
There have been a lot of bad takes on the AR-15, among them Joe Biden’s.hot take that a bullet from an AR-15 blows up in the body. But as I reported on Tuesday, Gretchen Carlson’s post on X took ignorance about the weapon to a new level. Ordinary people didn’t …
This is WORSE than the 2008 Financial Crisis Credit card defaults are rising at levels NEVER seen in 3 decades pic.twitter.com/ckQqHGWKKg — Bravos Research (@bravosresearch) October 28, 2023 https://twitter.com/online_shogun/status/1718180719027974636 📉 Big banks' massive layoffs are sounding the alarm for a potential market crash worse than 2008. Don't miss this crucial …
The Chinese are ramming Philippine vessels in the South China Sea. That's on top of wars in Ukraine and Gaza. See what happens when there's no one home at the White House except a senile husk? Things will get worse. Count on it.https://t.co/bUIiWTYxOh — Jim Rickards (@JamesGRickards) October 24, 2023 …
As Retail Awakens to Inflation, Bond Yields Have More to Go US yields are set to rise due to retail investors hedging against inflation. Bond rallies will be short-lived with a downward trend for Treasuries. After experiencing steady inflation for years, both professional and retail investors are adjusting to the …
It’s probably going to get worse for a while before it gets better. I don't think we are being told the truth about true economic data like inflation or jobs numbers 🚨🚨🚨 pic.twitter.com/L6xrm2sBpp — Wall Street Mav (@WallStreetMav) October 20, 2023 Stock market valuations stand at one of the three …
Convoy that was seen was the market disruptor for the massive trucking business 2 years ago, shutdown completely today mentioning a massive recession in supply chain. 2008 will be a walk in the park… https://www.cnbc.com/amp/2023/10/19/bezos-backed-freight-firm-convoy-shuts-down-read-ceo-memo-here.html Cass Freight Index, quarterly change: Through Q3. pic.twitter.com/3gfyMWBtoA — Mac10 (@SuburbanDrone) October 19, 2023 …
View post on imgur.com Approximately 70 million Americans will see a 5.9% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2022. Federal benefit rates increase when the cost-of-living rises, as measured by the Department of Labor’s Consumer Price Index (CPI-W). The CPI-W rises when inflation …
