People running out of real money wasn’t enough to start the recession. Wonder what happens when everyone runs out of fake money too.

U.S. credit card debt jumps 18.5% and hits a record $930.6 billion Credit card debt almost 1 trillion as delinquencies spike. In other news unemployment at lowest level since 1969. 🤔 pic.twitter.com/0I6Hn5vB1u — George Gammon (@GeorgeGammon) February 3, 2023 Probably nothing. Buy stocks. pic.twitter.com/Th05f7kKD5 — Hedgeye (@Hedgeye) February 3, 2023   Rising number of people … Read more

China’s economy is failing and is drowning in debt

China’s debt is more than 250 percent of GDP, higher than the United States. It remains lower than Japan, the world’s most indebted leading economy, but some experts say the concern is that China’s debt has surged at the sort of pace that usually leads to a financial bust and economic slump. http://fingfx.thomsonreuters.com/gfx/rngs/CHINA-DEBT-HOUSEHOLD/010030H712Q/index.html China’s debt … Read more

Now GMO Supercows! China claims it has cloned three mutant SUPER COWS that can pump out 300 tons of milk & plans a herd of 1,000

CHINA claims to have cloned mutant “super cows” that can pump out nearly twice as much milk. Beijing boffins boast they created three cows which can annually produce 18 tons of milk – which is 17,500 litres or 37,000 pints. So the three “super cows” alone could produce 300 tons of milk a year. And … Read more

Listen to a 16yr old girl after 6 months on Testosterone – her Voice Permanently Destroyed

This girl is sixteen years old. Do you remember how unstable you were at sixteen? How often you changed your mind? If she ever comes to regret having taken testosterone, it’s too late for her voice. She will talk like this for the rest of her life. https://www.theamericanconservative.com/girl-destroys-her-voice-on-t-this-is-progress/ https://twitter.com/_/status/1620859653578948609 AC

Hunter Biden’s “Business” Partner Had Access to “Sensitive” Stolen Classified Document Stash, Moved Them From Biden’s Office

Another piece of evidence tying Hunter Biden to Joe Biden’s alleged mishandling of sensitive document and classified documents scandal has come out. According to a shocking new report in the Daily Mail, a business partner of Hunter Biden’s at Rosemont Seneca, Eric Schwerin, was involved with moving documents sensitive enough that they required the involvement … Read more

Your search results are changing at the Speed of Censorship! Who remembers when the internet wasn’t trash?

Your search result are changing at the Speed of Censorship! Who remember when the internet wasn’t trash? Before 2020 Google never you “Your Search Results are changing to fast”. Now when something goes against the narrative we get “Your Search Results are changing to fast come back later.” Meanwhile over at Bing the 1st thing … Read more

3.4% vs 3.5% Unemployment. 517K vs 187K New jobs. 4.4% vs 4.3% YoY Wages.

by danielhanchen Also important today is the ISM Services Report. Mainly people will be looking for Prices Paid (inflation proxy). Yikes 517,000 new jobs…….. Citibank interestingly got it right – they predicted 500K or so new jobs. Average weekly hours went UP to 34.7 hours per week vs 34.3 hours expected. Earnings +0.3% MoM as expected, … Read more

Israel is forming a military coalition to attack Iran (USA and France are already in)

NEW: Radio France reports that everything is ready "on paper" for an Israeli attack in Iran. Some 3,000 targets have been identified, and the "Jewish state wants to take action quickly", a diplomatic source says. https://t.co/81JYUYdrJE pic.twitter.com/3Mk5VKssnT — Faytuks News (@Faytuks) February 3, 2023 The report states Israel wishes to form a military coalition, especially … Read more

China said balloon is a civilian craft designed primarily for meteorological study that blew off course…. Canada monitoring potential second incident of suspected ‘spy balloon.’

China said a balloon the U.S. military identified as a spy vehicle was a civilian craft designed primarily for meteorological study that blew off course https://t.co/avmEbDUDQV — The Wall Street Journal (@WSJ) February 3, 2023 Mao Ning, a Chinese foreign ministry spokesperson, urges all parties involved to remain 'cool-headed' as the US military tracks a … Read more

January Payrolls Increase by 517K jobs, Unemployment rate drop to a record low 3.4%

Ahead of today’s payrolls report, we warned that there is the possibility for a lot more “market whiplash” because as Goldman explicitly warned, there is the risk for an outlier strong report in January due to massive seasonal adjustments… … which when coupled with historical revisions to both the Household and Establishment surveys, could lead … Read more

Rishi Sunak – ‘We want to rewire the entire global financial system for net zero’

https://twitter.com/_/status/1621116581437923330 Ursula yesterday .. In the next few years the economic shape of the net-zero age will be firmly set. We have a strong starting point with the #EUGreenDealNow let’s be fast and united, to secure our place in this new economy. This will be my message to leaders at #EUCO ↓ https://t.co/PLh2y6DMHQ — Ursula … Read more