Why Americans increasingly dubious about going to college

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This story about college enrollment decline was produced by The Hechinger Report, a nonprofit, independent news organization focused on inequality and innovation in education. Even as freshmen nervously arrive on campus for the fall semester, policymakers are grappling with what they say has become an “alarming” decline in the number of high school graduates willing to invest the … Read more

Jurassic MBS Market! Agency MBS Prices Swoon With Implied Fed Hikes (Duration Risk Increases Too)

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by confoundedinterest17 Agency mortgage-backed securities (MBS) prices started to degrade as The Federal Reserve started to try to combat inflation caused by Biden’s energy policies and rampant Federal spending. That is, under June when the implied Fed O/N rate (red line) cooled and the 30-year mortgage rate (blue line) has come down a little. In terms … Read more

Biden’s FBI Just Arrested Trump Ally GOP Rep

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Democrat Joe Biden is escalating political leverage against his America First opponents in a wretched manner that has gone deeply personal, as his FBI this week raided the home of former President Donald J. Trump, broke into Trump’s safe, and the FBI have now hunted down a sitting representative of the American people, who was … Read more

Cost of living crisis worsens in the UK and Australia…

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by Boo_Randy Energy bosses summoned to Number 10 crisis meeting as Britain braces for looming winter BLACKOUTS – as Martin Lewis warns household bills will DOUBLE and families need extra £500 government handouts to cope The “cost of living crisis” is a consequence of central bank currency debasement and globalist stooge governments turning over national … Read more

Biden’s America: Millions of people are skipping meals to cope with inflation, study says

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A survey by debthammer.org reveals that 10% of people are skipping meals to cut back on spending. More than 40% of adults in Ohio have skipped a meal because of inflation. In Virginia, 2 million people have skipped meals, a 40-year high. In Kentucky, 53% of people have skipped a meal. https://fox11online.com/news/nation-world/millions-of-people-are-skipping-meals-to-cope-with-inflation-study-says The price of … Read more

Retirees on Social Security could see monthly benefit rise an average of $159 in 2023 due to inflation, estimate finds

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High inflation points to a possible 9.6% Social Security cost-of-living adjustment in 2023, according to a new estimate based on data released Wednesday. There are still a couple of months to go before the Social Security Administration announces just how much to expect. New government data points to signs that red-hot inflation is starting to … Read more

A Most Peculiar Recession

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by Charles Hugh-Smith So what are conventional pundits missing today? I would start with three dynamics. Only old people experienced real recessions–those in 1973-74 and 1980-82. Recessions since then have been shorter and less systemic. In the good old days, a recession laid waste to entire industries which never recovered their previous employment. People who were laid … Read more

U.K. – £3 Million Of Taxes To Woke Art Trust For This….

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Perfectly normal instruction, spotted in Southwark London. Anybody else spot a backlash coming…? pic.twitter.com/LY6uMMkgHk — Douglas Murray (@DouglasKMurray) July 25, 2022 “HEY STRAIGHT WHITE MEN, PASS THE POWER” in big, bold text. Apparently this isn’t the only one, either – there are several across London. Now, the TaxPayers’ Alliance have done some digging to find … Read more

Fannie Mae’s Home Purchase Sentiment Index Falls From 81.7 In March 2021 To 62.8 In July 2022 (As Fed Tightens And Home Prices Boom)

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by confoundedinterest17 Fannie Mae’s Home Purchase Sentiment index has declined from 81.7 shortly after Biden was sworn-in as President to a meager 62.8 in July 2022. Of course, mortgage rates have risen quite rapidly and home price growth remains elevated as The Fed still has not trimmed its balance sheet as promised.