Permanent job losses have been on the rise; The 10Y3M spread 60bps away from starting our recession countdown; Something wrong with this stock market

Permanent job losses have been on the rise A spike in this metric has sysmtematically led to a recession Current rate of increase is comparable to: – Dot Com bubble– Financial Crisis– Pandemic All three instances experienced significant economic downturns, Resulting in… pic.twitter.com/yB2EPvxOV6 — Bravos Research (@bravosresearch) October 18, 2023 60bps away from starting our …

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What could possibly go wrong? FBI and DNC to open grocery stores in Chicago

by Ed Driscoll Just What Chicago Needs, Government-Owned Grocery Stores. Now, no doubt Chicago’s city-run grocery stores would have the same service, efficiency, and quality that Chicago residents have come to expect from the local government of a city ranked 149th in its financial stability, 67th in its education system, 71st in its health-care system, 80th in its …

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WTF is wrong with people…

YouTuber Ruby Franke was arrested after ‘emaciated’ child with duct tape around extremities ran for help YouTube star Ruby Franke of the “8 Passengers” channel was arrested Wednesday after an “emaciated” child with duct tape around their extremities escaped and ran to a neighbor’s house for help. The arrest record, obtained by Page Six Thursday, states that …

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A thread on “What is wrong with the Bond market”?

by DesmondMilesDant   The $1 trillion of high yield debt that’s piled up in the last 5 years is about to have a ‘day of reckoning,’ Bank of America says There’s around $1 trillion of private debt that’s headed for potential trouble, Bank of America warned. Most of that debt has been created by below-investment …

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Online banking issues, financial scams leave some customers in the dark when things go wrong

Last week, an unknown number of Wells Fargo customers were suddenly unable to access deposits in their bank accounts. Even as it sought to address the issue, which customers first began noticing on Aug. 3, Wells Fargo acknowledged a “limited” number of customers were still having issues 24 hours later, leaving some of them unable …

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It’s crazy to allow important decisions to be made by people who pay no price for being wrong…

GREAT, NOW POLITICIANS SHOULD BE MADE TO REGRET THEM: Countries Are Starting to Regret Their CV-19 Responses.   It is okay now to criticize how CV-19 was handled, after a couple of years of berating and deplatforming anyone who suggested officials didn’t know what they were doing and were actually causing a lot of damage. The Scottish government …

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NASA Trying to Find Voyager 2 After Sending Wrong Command and Losing Contact

by Chris Black These retards can’t even keep track of their own space ships, and Musk is telling us we’re going to live in space. BREAKING: NASA is hunting deep space for Voyager 2 after flight controllers accidentally sent a wrong command that cut contact with the spacecraft 12 billion miles away — unusual_whales (@unusual_whales) …

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Will their new claim that a recession has been avoided be wrong next?

Not to mention, the Fed originally claimed inflation would’ve already been at 2%. Now, they said inflation won’t hit 2% until 2025. Their solution to being wrong? No longer giving guidance on policy outlook. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) July 27, 2023 “Rollercoaster” Inflation Is …

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FEDNOW goes live at 3am. What could go wrong?

As of 3am EST the FedNow transaction network is live paving the way for real-time CBDC payments. As of July 20th, 41 banks & 15 service providers are certified to use the settlement service, including community banks & large lenders like JPMorgan Chase.https://t.co/1a4HFvD4qR — Financelot (@FinanceLancelot) July 20, 2023 "Market participants have raised concerns that …

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Yes, The U.S. Economy Continues To Move In The Wrong Direction…

by Michael Despite so much evidence to the contrary, the Biden administration continues to insist that the U.S. economy is on the right track.  But is that really true?  Thanks to the Federal Reserve, interest rates are now much higher and the money supply has been contracting at the fastest pace since the Great Depression.  …

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Snowden on Trump’s indictment: it’s not wrong to say that the indictment of Donald Trump for mishandling classified documents is a case of selective prosecution, but he could have fixed the system when he had the chance.

Edward Snowden on Twitter: All kidding aside, it’s not wrong to say that the indictment of Donald Trump for mishandling classified documents is a case of selective prosecution. Spilled secrets are very much the currency of Washington, and Trump was not alone in splashing them around. He was just the least graceful. Still, it’s hard to …

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Let’s Make Autonomous AI Killer Drones, What Can Go Wrong?

by Chris Black The short answer is: EVERYTHING. “It killed the operator because that person was keeping it from accomplishing its objective.”—Col. Tucker Hamilton (Chief of AI Test & Operations) Air Force artificial intelligence drone kills operator in simulation https://t.co/zCeVCvm7dM — Annie Jacobsen (@AnnieJacobsen) June 1, 2023 It can’t be bargained with. It can’t be …

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