So many buyers are going to regret overpaying for their homes the past 3 years. We have 1.3m homes per year coming to market vs 350k net working age adults. Who’s going to buy all these houses?

Without demographics can it ever recover pic.twitter.com/2GkWQ5sEFN — Darth Powell (@VladTheInflator) June 6, 2023 We have 1.3m homes per year coming to market vs 350k net working age adults. Who's going to buy all these houses? pic.twitter.com/IrtD892kDG — Darth Powell (@VladTheInflator) June 6, 2023

‘One month is worse than 4 years’…

More Suspected Terrorists Found Illegally Crossing Southern Border In April Than In Four Trump Years Combined Border Patrol agents caught 16 people on the FBI’s terror watch list trying to illegally cross the U.S. southwest land border between entry ports in April, bringing this fiscal year’s suspected terrorist arrest total up to nearly 100. Not …

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A universal basic income of £1,600 a month is to be trialled in England, with 30 people paid an unconditional lump sum for two years.

You will own nothing and be happy: ‘A universal basic income of £1,600 a month is to be trialled in England for the first time in a pilot programme. Under the pilot programme, 30 people in two areas will be paid an unconditional lump sum each month for two years, with the participants observed to …

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62% of new homebuyers struggle to pay mortgages… High-school sweethearts with $600,000 budget struggling to find a house after 2 years of searching.

3% interest rate means nothing if you borrowed too much money for your income and can’t make the payment with other inflation kicking in — Amy Nixon (@texasrunnerDFW) June 4, 2023 High-school sweethearts with good jobs, a baby on the way and a $600,000 budget can’t find a house after 2 years of hunting. ‘It …

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For the past 25 months, inflation has exceeded wage growth. Walmart says dry grocery inflation is up more than 20% in two years. A record number of Americans are in financial distress.

FACT: Under Biden, inflation has outpaced wages for 25 consecutive months. pic.twitter.com/InhJtCrww6 — RNC Research (@RNCResearch) June 2, 2023 Recession Alert: Record Number Of Americans Worse-Off Financially https://t.co/2mQtXWe4Iv — zerohedge (@zerohedge) June 2, 2023 https://twitter.com/PeterSchiff/status/1664648156850581505 *WALMART SAYS DRY GROCERY INFLATION IS OVER 20% OVER TWO YEARS — zerohedge (@zerohedge) June 2, 2023 https://twitter.com/PhilipSoos/status/1664495450144272385 When the …

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US Banks report largest capital outflow in 40 years. NYC’s Banking Commission frozen deposits at Capitol One Bank due to insolvency fears.

Us Banks Report Biggest Capital Outflow in 40 Years According to the report, US banks lost $472 billion in deposits during the January-March period, marking the fourth consecutive quarter of industry outflows. The decline was primarily from uninsured funds, the FDIC said, noting that insured deposits actually increased by $255.1 billion, or 2.5%, amid the …

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Deutsche Bank: Massive debt defaults by companies are imminent due to fastest monetary tightening in 15 years.

From commercial loans to the corporate bond market. Things look fragile. The "experts" tell us it's nothing like 2009 yet they said we had nothing to worry about back then either. I think things are going to get messy. — Jason Stapleton ☕️ ✍🏼 🎙️ (@Jason_Stapleton) June 2, 2023 Default wave imminent, will peak in 2024, Deutsche Bank says …

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The US debt must be refinanced at 5% interest rates in less than two years, up from 0% just 15 months ago. Treasury Department auctions $15 billion worth of one-day cash management bills.

The US will need to refinance almost half of its national debt in less than 2 years. Let's not forget that interest rates were at 0% just 15 months ago. Wait until these debt instruments need to be rolled over at 5% rates. One thing is true: None of us own enough hard… pic.twitter.com/qR7HVVBV1e — …

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U.S. credit card debt has increased by $250 billion in two years. U.S. consumer debt piles up to $17 Trillion!

Everyone's talking about how the U.S just hit $1 trillion in total credit card debt But what's more concerning: That number has increased by +$250 billion in just 2 years This doesn't end well pic.twitter.com/LK7oUrne2D — Genevieve Roch-Decter, CFA (@GRDecter) May 31, 2023 U.S. Consumer Debt Piles up to $17 Trillion More, more, more. According …

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Biden’s Economy! ISM Manufacturing In May Falls To 46.9, 7th Straight Month Of Contraction (McCarthy Surrenders To Biden And Allows 2 Years Of Uncontrolled Spending And Debt)

by confoundedinterest17 Another day under Biden/Yellen. Last night, “Republicans” joined Democrats to allow unlimited Federal spending and debt for the next two years. Way to go “Benedict McCarthy”! But today, we saw that ISM Manufacturing printed at 46.9 for May, the 7th consecutive month of contraction. Meanwhile, the Biden family twists the night away while Americans are ravished by inflation caused by bad …

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