A Holiday Crisis is Imminent as Retailers Face Bankruptcy
Americans Are Spending Less but Falling Deeper into Debt As many as 56% of shoppers have made a purchase with “buy now, pay later” that they couldn’t pay off, according to a recent survey.
Americans Are Spending Less but Falling Deeper into Debt As many as 56% of shoppers have made a purchase with “buy now, pay later” that they couldn’t pay off, according to a recent survey.
https://www.incrementum.li/en/journal/the-tipping-point-and-the-new-normality/
https://www.cnbc.com/quotes/DWAC
Philadelphia Breaks Three Decade Old Homicide Record over Weekend Mayor Jim Kenney’s (D) Philadelphia reached the figure of 501 homicides for the year on Friday, surpassing the annual homicide record of 500 set back in 1990. ABC reports the city’s 501 murder occurred around 9 p.m. Friday “on the 7100 block of Ardleigh … Read more
Coming Up Today:@JoeBiden daily presidential job approval % is back from Thanksgiving break and – up. Majority of U.S. Voters Oppose Controversial ‘Build Back Better’ Bill https://t.co/PIHvTmLkqP — Rasmussen Reports (@Rasmussen_Poll) November 29, 2021
https://twitter.com/NorthmanTrader/status/1465314502052880390 We really deserve it …https://t.co/nAL7wyxGAo — GregTheAnalyst (@Analyst_G) November 29, 2021 SPECULATORS' NET LONG US DOLLAR POSITION HITS HIGHEST SINCE MID-OCTOBER -CFTC. — FinancialJuice (@financialjuice) November 29, 2021 https://twitter.com/PriapusIQ/status/1465419278296002560
US markets continue to get weaker and more fragile. Liquidity continues to concentrate off exchange. This issue gets ignored during big bull runs but will become acute as soon as the selling starts. Feedback loops will be disastrous. pic.twitter.com/KAChQTtEE3 — Dave Lauer (@dlauer) November 29, 2021 Off exchange liquidity trading means private entities complete a … Read more
Lower than 2008 https://t.co/D5MubkBP2b — Financelot (@FinanceLancelot) November 29, 2021 Perfect example of why cost-push inflation destroys consumer confidence and the high input costs lead to slowing growth, eventually resulting bankruptcies and unemployment rising. Cost-push badDemand-pull good — Financelot (@FinanceLancelot) November 29, 2021 It’s Black Friday, ‘70s-Style. “Strawberry prices go up in the fall because … Read more
The Rich Dad Channel, Released on 11/27/21 In this Twitter update, Robert Kiyosaki expounds on his tweet: “Biden & Fed RIPPING OFF POOR PEOPLE. The US sliding into depression. BIDEN & FED need inflation to prevent New Depression. Inflation rips off the poor. Inflation makes the rich richer. Biden and Fed corrupt. Prepare: Giant crash … Read more
Prince Charles landed in Barbados last night ahead of a historic ceremony removing his mother, the queen, as head of state after 55 years. The Caribbean island will become the world’s newest republic as it swears in its first president, Governor-General Dame Sandra Mason, on Tuesday Chinese pressure is said to be fuelling a drive … Read more
The Democrat agenda depends on deliberately driving up energy prices in order to make their green energy boondoggles appear less outrageously wasteful and destructive than they really are. That approach has been painfully obvious from the beginning of the Biden administration, which has done everything possible to drive up the cost of energy by throttling … Read more
What’s the point of forcing so many devastating restrictions on everybody, if the alleged reason for destroying our lives is not doing what they pretend it will do? h/t tortugavelozzzz
The Build Back Better Act that House Democrats passed Friday has tax provisions with different start dates and duration. Households’ tax bills may vary greatly from year to year, especially from 2022 to 2023, if the legislation succeeds. The roughly $2 trillion climate and social policy measure House Democrats passed Friday would create a fluid … Read more
https://www.cnbc.com/2021/11/29/amazon-on-track-to-be-largest-us-delivery-service-by-2022-exec-says.html Dave Clark, Amazon’s CEO of worldwide consumer, told CNBC on Monday that the company is on track to become the nation’s largest delivery service by the end of 2021 or early 2022. Analysts have long predicted Amazon would overtake carriers like UPS, FedEx and the U.S. Postal Service, thanks to its increasingly in-house network … Read more
(CNN)While Democratic leaders plan to take a victory lap Monday to celebrate President Joe Biden signing the bipartisan infrastructure bill, other pressing issues remain for lawmakers when they return for session this week. All eyes will turn to finishing negotiations on the separate multitrillion dollar economic bill that would expand the nation’s social safety net, … Read more
https://www.youtube.com/watch?v=NnEBtZlMg7E Global Stocks Drop After Countries Impose Omicron-Related Curbs; U.S. Futures Rise Indexes in Tokyo, Hong Kong, South Korea and Australia decline https://www.wsj.com/articles/global-s… Bubble warningVeteran investor Atsuto Sawakami, creator of Japan’s first low-cost mutual fund, took out full-page advertisements in his country’s newspapers in September to warn that zero interest rates and monetary easing were … Read more
“They’re really criticizing science because I represent science. That’s dangerous.” Lawmakers like Sens. Rand Paul and Ted Cruz have called for Dr. Fauci to step down and be prosecuted over the course of COVID-19. Fauci scoffs at such threats, calling it "noise." "They're really criticizing science because I represent science. That's dangerous." pic.twitter.com/zLzceD2DHe — Face … Read more