Excess real disposable income since 2020 is now ZERO
h/t orso-nero
Month: November 2022
The first Elon Apple war has started
by madicisulserio24 As we talk, enmities are about to start. Elon has been tweeting all day against Apple (hinting he has received secret pressures), Apple has just erased all of their tweets. It seems twitter is about to be removed from the app store, which means war. Since both parties command vast resources in terms … Read more
It Is Beginning: 41 Percent Of All Small Business Owners Could Not Pay Rent In November
by Michael Many experts are now warning that we could see the housing market and the commercial real estate market simultaneously crash in 2023. If that were to happen, it would put an extreme amount of stress on our financial system. The only way we will avoid such a fate is if the Federal Reserve … Read more
At This Point They Aren’t Even Trying To Hide Who They Really Serve
by Michael For decades, it has been an open secret that many among the elite are deeply attracted to practices that are unspeakably evil. But for most of that time, those that were engaged in such practices tried very hard to hide their involvement. Unfortunately, societal attitudes have changed very rapidly in recent years, and … Read more
Apple puts a secret 30% tax on everything you buy through their App Store
Apple threatened to take our small startup off the app store unless we let them take 30% of creator earnings. Apple is incredibly monopolistic and stifles innovation while pretending to be a champion of it. https://t.co/VAzDo4XrnP — fanhouse (@fanhouse) November 28, 2022
UK Christians falls below half of the population for the first time… Two-thirds of Londoners are non-white
There has been a large fall in the number of people who consider themselves as Christian, dropping below half the population of England and Wales for the first time. The Office for National Statistics has released it’s latest data taken from the 2021 Census, showing the changes since 2011. Some 46.2% said they were Christian, … Read more
This is Why We Opened Our Crash Trades
By Graham Summers, MBA As I noted yesterday, the bond market is telling us that a recession is just around the corner. By quick way of review, the U.S. treasury market is comprised of 12 bonds, with durations ranging from four weeks to 30 years. When you plot the yield on all of these bonds, … Read more
Next up, Economic Collapse- The Consumer Economy Has Completely Collapsed– “It’s a Ghost Town” for Holiday Shopping Everywhere
by Sundance “Crowds? I see nothing. I’m surprised,” retail worker Jeremy Pritchett told FOX 2. “Normally, it’s wrapped all the way around the building. Today: no one.” That’s the typical ground report from areas all over the country. No one, literally almost no one, is doing any holiday shopping and the traditional Black Friday rush to get … Read more
BlockFi files for bankruptcy after FTX collapse
Crypto asset lending and financial services platform BlockFi has filed a voluntary application for Chapter 11 Bankruptcy protection during the restructuring of its activity, thus becoming the latest victim in the sector after the collapse of FTX. According to a statement from the firm, BlockFi and eight of its subsidiaries have begun Chapter 11 suspension … Read more