The last time prices were increasing this quickly was in 1981 when Ronald Reagan was president, interest rates were near record highs, and the United States was embroiled in the Cold War. The country has changed significantly since the Great Inflation of the 1970s and 1980s, and today’s inflationary bout is much different — but … Read more
TOPICS AND TIMESTAMPS: Here We Go 0:00 Debt Up 0:45 Threat To Housing Market 5:18 Real Estate Pop 7:57 Tesla $4600 Target 12:28
Cryptocurrency has been under the constant radar of being called “volatile.” It has been observed keenly as a fragile currency that holds potential but gets affected easily. However, gen-next investors have been bullish on investing in this Defi currency. That is because cryptocurrencies have emerged to be promising and flexible as an investment class. Therefore, … Read more
by silvertomars The debt-to-income (DTI) ratio is the percentage of your gross monthly income that goes to paying your monthly debt payments and is used by lenders to determine your borrowing risk… 1971: avg home: $25,000. avg income: $10,500. You could save EASILY , half of it. After 5 years you buy a home fully with … Read more
by silvertomars Lithuania is leading the pack with 14%… the EU used to have a convergence criteria that stipulated max 1.5% deviation from the 3 countries with lowest inflation… all is now ignored and forgotten… The EU and this wonderful Euro is about to collapse spectacularly.
Secret Service agents were furious that the Biden administration tried to downplay a major health concern and job danger in December. The conservative watchdog group Judicial Watch released 400 new pages of documents Wednesday concerning incidents at both the White House and President Joe Biden’s Delaware home, the product of a Freedom of Information Act … Read more
Biden is increasing his domestic travel with six months to go until the midterm elections, with competitive states on his agenda. Along with his visit to North Carolina on Thursday, Biden was in Iowa on Tuesday. Next Tuesday, Biden will visit North Carolina again. ‘Our economy created 431,000 jobs in the month of March alone,’ … Read more
by silvertomars
AUSTIN, Texas — Central Texas counties are sending out property appraisals and quite a few homeowners are dealing with sticker shock, thanks to the area’s booming growth. Travis County began sending out property appraisal notices to 400,578 property owners this week. As a whole, residential home appraisals increased by 56% in 2022. The chief appraiser … Read more
Let’s investigate Biden’s claim with a series of three pictures. CPI data from BLS, PCE data from BEA, chart by Mish Commodity Prices CPI and PPI data from the BLS, chart by Mish Consumer Spending Retail Sales data from Census Bureau, chart by Mish Once again you can see the impact of free money. Putin … Read more
https://twitter.com/ArthurSchwartz/status/1514988961567023117 CNN’s willing to spin a Democratic president’s failure into a success but… come on, Joe. Even CNN needs something to work with. This is just embarrassing. h/t Beercorn1
View post on imgur.com View post on imgur.com View post on imgur.com https://www.nytimes.com/1991/02/11/opinion/l-how-will-it-be-in-the-new-world-order-035291.html View post on imgur.com View post on imgur.com https://www.bloomberg.com/news/articles/2008-03-17/young-global-leaders-anderson-cooper-and-leonardo-dicaprio-are-in-the-most-exclusive-private-social-network-in-the-world-dot h/t dr0id
The Tesla CEO said on Thursday he could ‘technically afford’ the $43 billion price tag – Musk’s fortune is estimated by Forbes at $264 billion. Much of his wealth, however, is tied up in SpaceX and the electric vehicle company. Musk currently has about $3 billion in cash or other somewhat liquid assets after spending … Read more
By Robert Lambourne via GATA Cash flow trends at the U.S. Treasury suggest that it will be very challenging to meet the forecasts for government debt. The major contribution of “quantitative easing” (QE) to federal government funding in recent years is clear from the table below, and reducing QE seems likely to be especially tough in view of … Read more
View post on imgur.com If the “deep state” is simply bureaucrats trying to uphold decency and the rule of law, let’s hope it runs very deep indeed. https://t.co/rikPhg0yWn — Slate (@Slate) April 15, 2022 h/t dr0id
