Without AI and the government running huge spending deficits we’d probably be in a depression right now

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Without AI and the government running huge spending deficits we’d probably be in a depression right now For many they are currently living this reality. https://t.co/1xruYGdUMM — QE Infinity (@StealthQE4) October 10, 2026 Tech and AI Infrastructure Spending Drives Up to a Third of U.S. Economic Growth Independent economic analysis shows that computing, hardware, and … Read more

Trucking Bankruptcies

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by Martin Armstrong At least 16 trucking, delivery, and transportation companies entered bankruptcy proceedings between late August and September 21. These filings extend across general freight, construction materials, agricultural hauling, and even an Amazon delivery contractor. Some are seeking Chapter 11 protection to reorganize; others have entered Chapter 7 liquidation. We should not pretend every … Read more

Americans’ debt problems are flashing a warning not seen since the Great Recession. Bank repossessions explode 42% in a year. Nearly 5,800 American properties seized in August.

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The ability of U.S. families to stay current on their debts worsened over the past three years, hitting levels not seen since the aftermath of the global financial crisis, the Federal Reserve reported Friday. In the central bank’s Survey of Consumer Finances, researchers found that while wealth disparities narrowed somewhat, the ability to meet debt … Read more

The state is allowed to violate your constitutional rights, but you’re not allowed to even question theirs.

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The state is allowed to violate your constitutional rights, but you're not allowed to even question theirs. — J (@Mafisonbb12) October 8, 2026 When officers showed up at a YouTuber’s door asking what he planned to do with the data he had collected, he reportedly offered a pointed response: that is the same question citizens … Read more

Ukraine’s refinery strikes are hitting Russia’s fuel exports. Russian diesel exports collapse to a 10-year low. Could refinery strikes trigger a global fuel price shock?

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Diesel supply is getting squeezed while the real economy still needs fuel. If Russian shipments stay near the floor, freight, farming and food costs could face another inflation shock. Russia's diesel exports just collapsed to the lowest in more than a decade. Ukrainian strikes keep knocking out Russian refineries, and seaborne diesel and gasoil shipments … Read more

Cash for food stamps, businesses allegedly playing along, taxpayers footing the bill. How much fraud is hiding inside a program meant to feed people?

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If we simply ended these scams we will save BILLIONS. @FBI @WHFraudTF should raid, arrest and shutdown this fraud ring. Every week we drop a newsletter going more in depth of our investigations and it’s free to read! Join us and help support our work 🙌🏼 https://t.co/MSVeqK2YhK pic.twitter.com/gxXsUiVHo1 — Nick shirley (@nickshirleyy) October 8, 2026

Oracle booked $664 billion in future business. Only 13% is expected to turn into revenue over the next year.

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OpenAI’s annualized revenue came in at roughly $50 billion, not the $70 billion figure investors had been passing around. The accounting difference explains the gap. But Oracle has a $300 billion computing deal with OpenAI starting in 2027, and its latest filing reveals a number worth watching. Oracle’s remaining contract backlog reached $664 billion on … Read more

Trump purchased up to $5 million of SpaceX bonds days before major space order

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https://www.cnn.com/2026/10/08/investing/trump-5-million-dollars-spacex-bonds Just two days before launching an effort to slash red tape for commercial space transportation, President Donald Trump last month purchased up to $5 million of bonds issued by SpaceX, a major federal contractor run by Elon Musk, according to ethics filings made public on Thursday. Beyond SpaceX debt, Trump purchased up to $25 … Read more

France might be the most socialist state in human history

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2026 France might be the most socialist state in human history byu/Skychu768 inEconomyCharts The French are unwilling to sacrifice retiree cruises because they know that Germany will eventually pay for them. byu/SignificantLegs inEconomyCharts French pension spending reaches €436 billion a year, while wealthy families flee deteriorating public schools Reuters reports that pension spending amounts to … Read more

10 year Treasury bond could hit 6%. Consumer confidence below expectations. So $AAPL – we have both inflation and lower demand?

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Investing.com – U.S. 10-year Treasury yields are at risk of reaching 6% for the first time in 26 years as concerns swirl around soaring oil prices, inflation and a large U.S. public debt load, the Financial Times reported on Friday, citing an interview with Pimco. The bond titan’s Chief Investment Officer Dan Ivascyn told the … Read more