Since 1970, the share of aggregate income going to the middle class has fallen from 62% to 42%. (Middle class defined as income from 2/3 to double the median). Meanwhile, high-income share has increased from 29% to 50%. No wonder …
by rolling_steel Knowing it was bound to happen for years, I’ve always wondered how exactly it would take place and be presented to the American people and now realize that it will never actually be called out or identified for …
Credit Suisse still tumbling despite huge liquidity support.. Now sources tell Reuters that "scenarios being considered" over the weekend Remember that banks always go bankrupt Friday after close pic.twitter.com/DKi6ldN2JA — Andreas Steno Larsen (@AndreasSteno) March 17, 2023 Monday, #CreditSuisse won't …
This is the money supply over the past 30 years and it shows a 400% increase as a reaction to the pandemic. This is why we have inflation, pretty simple. A jaw dropping 400% increase and we can’t even …
by confoundedinterest17 It’s not always sunny in Philadelphia. The Philadelphia Business outlook remains grim at -23. This comes after yesterday’s terrible Empire State print. Between Biden’s energy policies and massive spending by Biden/Congress, we are seeing the raging effects of …
h/t IVchaser
S&P 500 rally is a bull trap; bear market will resume in March – MS h/t throwaway273322
by confoundedinterest17 It’s not always sunny in Philadelphia. Particularly The Philadelphia Fed’s General Business Conditions Index. It just crashed to -24.3 for February. Here is the breakdown of the Philly Fed numbers. Joe Biden reminds me of Dennis Reynolds from Always …
Democrats fear history … because they’ve always stood on the wrong side of it. Bring back McCarthyism. Purge the DOJ.#VenonaFiles #WeaponizationCommittee #WeeklyBriefing @OANN pic.twitter.com/g5cfB6SQkL — Chanel Rion OAN (@ChanelRion) February 14, 2023
https://www.reuters.com/article/usa-economy-fed-dallas-idUSN2624719220070926 h/t laflammaster
by Martin Armstrong Following the crowd of what is popular and supposed to be the cutting edge of investment, Robert Belfer, the oil Barron, lost billions with ENRON and then Bernie Madoff. Then he became a shareholder in FTX. …
https://twitter.com/_JTheronR_/status/1606507803169914880
by confoundedinterest17 Its NOT always sunny in Philadelphia. Here is a video of the Philly Fed economists explaining massively overstated job numbers to Fed Chair Jerome Powell. The Federal Reserve Bank of Philadelphia estimates that the employment data was vastly overstated in …
by confoundedinterest17 The numbers coming out today are not good. November numbers were 1) US Industrial Production was down -0.2% MoM, 2) manufacturing production is down -0.6%, 3) retail sales advanced down -0.6% (most in 11 months) and … The …
by confoundedinterest17 Call out The Birds Of War! Aka, The Federal Reserve. The Philadelphia Fed’s Business Outlook plunged to 1-9.40% YoY, the worst since 2012. Notice how the Philly Phed Plunge is related to M2 Money growth YoY. Birds of war!
Also:” We have always been at war with EastAsia!” Joe Biden: $7 a Gallon Gas in California ‘Always Been the Case’ https://t.co/uvLyZMhwMj — Funny_Guy (@FunnyGu31492803) October 14, 2022 h/t Flying Elvii
This chart says it all. Banking assets in China have grown 7 fold since the Global Financial Crisis. That completely dwarfs the growth of other major economies. China’s banking assets are almost 3x of its GDP.Hong Kong is close to …
NOW – Biden: Gas prices go up because of the Russians and Saudis.pic.twitter.com/Lq2nbcfXFL — Disclose.tv (@disclosetv) October 7, 2022
https://twitter.com/Janebon34813396/status/1566019689494585345 Google Translate: What will happen on September 24, 2022?! For those who are not good at German: Here it is said in the German parament “Everyone will not forget September 24, 2022 and everyone will know exactly where he …
https://projects.fivethirtyeight.com/2022-election-forecast/senate/ h/t State of the Nation
by Chris Black Muslims oppose the right to criticize or mock Islam because they are afraid that the sceptics could convince the public that religion isn’t true. In the Judeocentric “West,” moral preening champions of “democracy” ruthlessly censor, imprison and …
The majority of the nation is unemployed, and the currency is basically worthless. The people can no longer rely on the socialistic promises as the government is unable to fund its programs. Basic necessities are no longer available, and the …
Help, help, the sky is falling,. pic.twitter.com/d4nkeKtIef — Mark Rex (@MarkRexOfficial) July 16, 2022 It’s a farce. Always has been. Always will be. Climate change generates dollars. That’s what it’s for. pic.twitter.com/6xAEEDTR6n — Whip Realer (@WhipRealer) July 16, 2022
h/t TheHiveminder
by Chris Black There was less gun crime before because of Stop and Frisk. Now that this was outlawed for being “racist” and DAs and judges refuse to punish black criminals, gun crime in NYC is predictably surging. So what …
https://twitter.com/MFHoz/status/1533514749329260545 Inflation chart of the day. This will affect everyone. It is a monthly chart of gasoline, going back to 1998. pic.twitter.com/lhc1ohfdSS — David Morgan (@silverguru22) June 6, 2022 Central Banks print bank reserves which have virtually no impact on …
At the World Economic Forum Annual Meeting for 2022, an event where powerful CEOs and world leaders meet to “find solutions to the world’s most urgent challenges,” YouTube CEO Susan Wojcicki committed to persistent censorship of “misinformation” and praised YouTube’s …
by 2thenoon This isn’t about republican-democrat or left-right. Any modern head of state lies to his people, that’s why people today always look for alternative news sources on the internet. ‘We’re not the opinion police’: Disinformation board won’t infringe on …
by Chris Black Anyone who advances in the Republican party is a homosexual or child molester blackmailed by the usual suspects, i.e. Epstein’s kin. EXCLUSIVE: 'I would like to see a naked body beneath my hands.' Madison Cawthorn is seen …