Public Debt higher than WWII

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Public Debt higher than WWII pic.twitter.com/0dvGR2kc0g — Win Smart, CFA (@WinfieldSmart) September 8, 2020 20 years ago, US nat'l debt was $5T, interest rates were 5-6% + it required $1M in savings to earn the $50k/yr in interest income to retire. Now we'll be $30T in debt, rates 0-1% forever, $1-$2T deficits/yr to ♾ and … Read more

CNBC: A new electric-truck stock is hitting the market

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A new electric-truck stock is hitting the market Founded in 2015, Hyliion makes hybrid as well as fully electric powertrain solutions for Class 8 commercial vehicles. The hybrid solution, which increases diesel engines’ range and efficiency, is already on the market. Penske and Ryder are customers. The company will also make the Hypertruck ERX, which … Read more

So far, the same market dynamic as yesterday. Stocks open higher but fail to attract more net buyers, including FOMO and BTD inflows. Prices start fading.

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So far, the same market dynamic as yesterday.#Stocks open higher but fail to attract more net buyers, including FOMO and BTD inflows. Prices start fading.Currently, the Dow has given up an over 200 point gain and the NASDAQ is notably underperforming.Let’s see how this evolves pic.twitter.com/QjgmNKmUrp — Mohamed A. El-Erian (@elerianm) September 11, 2020 https://twitter.com/dynamicvol/status/1304487342716182528 … Read more

Citron Research agrees NKLA “appears to be a total fraud”

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Source: https://hindenburgresearch.com/nikola/ “Today, we reveal why we believe Nikola is an intricate fraud built on dozens of lies over the course of its Founder and Executive Chairman Trevor Milton’s career. We have gathered extensive evidence—including recorded phone calls, text messages, private emails and behind-the-scenes photographs—detailing dozens of false statements by Nikola Founder Trevor Milton. We have … Read more

According to Barclays, the % of tenants who made their rent payment by the 6th of the month just had its worst month since the start of the crisis.

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According to Barclays, the % of tenants who made their rent payment by the 6th of the month just had its worst month since the start of the crisis. pic.twitter.com/0aaraZeJPc — Joe Weisenthal (@TheStalwart) September 11, 2020 “It's easy to see how bankruptcy filings would be much higher without the unprecedented support from Uncle Sam.” … Read more

Warren Buffett Is DUMPING Wells Fargo! – Are We Witnessing The END Of Wells Fargo?

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Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the fall of Wells Fargo as Warren Buffett (Mr. Wells Fargo himself) continues to dump his stake in Wells Fargo which he’s praised and promoted for decades. Wells Fargo has dealt with one scandal after another for years and has completely cratered in 2020. What … Read more

Amazon Price-Gouging Accusations

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https://www.youtube.com/watch?v=zIz6S1-ztNk Despite taking a hardline stance against profiteering early during the pandemic, Amazon is facing accusations of doing the very same thing. We take a deep look at the claims against the e-commerce giant and how sector dominance can harm consumers.

VIOLENCE IN AMERICA … PROGRESSIVE AND DEMOCRAT STYLE

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https://www.youtube.com/watch?v=vYBRAvmlFWI Just because owning guns in America is seen as a right-wing characteristic, that doesn’t mean Republicans have a monopoly on violence. Democrats, liberals and progressives aren’t scared of raising the spectre of violence to get their views across either, and here’s the proof.

Directionless Market Awaits the FOMC

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by David Brady via Sprott Money Let me start with an apology, because there is nothing really new to say this week. While we got the sharp move down in stocks with the expected bounce now under way and the opposite in the dollar, metals and miners have been basically going sideways. The best example of this is … Read more

Rumor has it that some or all charges against Derek Chauvin may be dropped today, hearing agenda included

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Attached is the Hearing Agenda for Sept 11/20 for Chauvin, Thao, Lane, and Kueng, @MinneapolisPD regarding joint trial, change of venue, charge dismissal, etc. All charges against all Officers should be dropped and be made whole again. 💙 ~M #Minneapolis https://t.co/ztEDEEbpTV — Walk With Blue (@BlueWalkPoconos) September 9, 2020

Steve Maggi: DNA Testing and Retinal Scans for Immigrants – Are Citizens Next?

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Financial Survival Network, Released on 9/11/20 Noted immigration attorney Steve Maggi joined us for a look at the latest administration initiative to perform DNA testing and Retinal scans of immigrants entering the country. How will this data be used and will there be privacy protections? These are important questions not just for immigrants but for … Read more