Schumer/Manchin Bill With $327 Billion In New Taxes Could Cause Further Recession And Increase Taxes On Americans Making Under $400,000 (US 10Y-2Y Yield Curve Further Inverts)

by confoundedinterest17 The spendiholics in Washington DC (aka, Biden and Congress) have passed yet another inflationary legislation, this time the sadly misnamed “The Inflation Reduction Act” since it will likely lead to a furthering recession of the US economy. Well, that is one way …

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MARK PULLIAM: How Lawyers Cause Homelessness: The Boise case proves that pro bono litigation is not always “for the public good.”

Cities in the western United States—Seattle, Portland, San Francisco, San Jose, Los Angeles, Venice Beach, San Diego, Phoenix—host some of the nation’s largest populations of bums, vagrants, drunks, drug addicts, and the non-institutionalized mentally ill. These categories of people are …

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Commodity houses running short on liquidity, cause of commodity drop

  https://www.washingtonpost.com/business/energy/too-big-to-fail-risk-looms-over-commodities/2022/03/16/d6bc2ef0-a4f6-11ec-8628-3da4fa8f8714_story.html Wondering why commodity prices have been dropping despite the supply/demand imbalance. Well, commodity trading houses have seen margin calls and are short of liquidity, many have been unable to buy commodities to be delivered to refiners/end users. Expect …

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Here comes $7 gas prices….Russian/Ukrainian crisis will fuel more inflation… and cause deep recession? Tightening is doomed to end prematurely?

https://twitter.com/MFHoz/status/1496128050379042823 The cost of Russia's aggression in Ukraine will be deep recession, with financial conditions tightening sharply via interest rates, the stock market & CDS (white). Very little spillover to CEEMEA, including Turkey (orange) & South Africa (yellow). But contagion …

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Student loans might cause the next crash

by HippetyHoppety1234 TL;DR: Student loans are getting out of control and the average American is struggling to pay back. Once Biden’s student loan pause stops the debt market might spiral out of control. Okay Ill make my thesis pretty clear …

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