via IRS: Important changes to the Child Tax Credit will help many families get advance payments of the credit starting this summer. The IRS will pay half the total credit amount in advance monthly payments beginning July 15. You will …
If you’re still writing a check to pay your rent and dropping it off at your landlord’s house every month because you’re not getting sucked into paying that extra 55 cents to mail it (saving you a whopping $6.60 a …
https://twitter.com/Remi_Tetot/status/1414520012526833668 https://twitter.com/NorthmanTrader/status/1414514942770810883 China’s Slowing V-Shaped Economic Recovery Sends Global Warning China’s V-shaped economic rebound from the Covid-19 pandemic is slowing, sending a warning to the rest of world about how durable their own recoveries will prove to be.The changing …
As the credit market heats back up due to the growing consumer demand amid the reopening, America’s third-largest bank, Wells Fargo, unexpectedly announced this week that it will permanently shut down all of its existing lines of credit – a …
by confoundedinterest17 The Federal Reserve released its monthly consumer credit report for May and its a doozy. Non-revolving credit increased the most in history! At the same time, Wells Fargo announced it is shutting down all personal lines of credit. The …
https://twitter.com/aterkel/status/1412521996194390018
by Mac Slavo of SHTFplan The rulers are not content with the amount of power they wield over the public just yet and are showing that the continued eroding of any illusion of freedom will continue. The psychopaths that many Americans believe have …
by Arkadiusz Sieron of Sunshine Profits When credit spreads narrow, it’s bad for gold. But this time there is a silver lining we can look for, although it’s quite adverse for the economy. There are several important factors affecting gold prices. Many analysts …
🚨 BREAKING NEWS 🚨 Citi, BofA, Goldman, other banks accused of credit default swap antitrust scheme and market manipulation. (2008 flashbacks anyone?) — unusual_whales (@unusual_whales) July 1, 2021 New Mexico’s sovereign wealth fund brought a federal antitrust lawsuit claiming Bank of …
“650 U.S. banks will soon be able to offer bitcoin purchases to an estimated 24 million total customers. As part of the deal between enterprise payments giant NCR and digital-asset management firm NYDIG, community banks, including North Carolina-based First Citizens …
Mac Slavo June 30th, 2021 SHTFplan.com The rulers are not content with the amount of power they wield over the public just yet and are showing that the continued eroding of any illusion of freedom will continue. The psychopaths that …
by JC1812 Important changes to the Child Tax Credit will help many families get advance payments of the Child Tax Credit starting in the summer of 2021. Half the total credit amount will be paid in advance monthly payments and …
by HTHID From the U.S. Treasury Department: It’s Child Tax Credit Awareness Day! Watch Secretary Janet Yellen break down what you and your family can expect with new monthly payments of the credit starting July 15th. Find more information at http://ChildTaxCredit.gov …
Wall St. For Main St., Released on 6/18/21 Adem Tumerkan from Speculators Anonymous made a contrarian guest post video about how and why deflation or disinflation can come in the next few months. There is also brief commentary about Adem’s …
As the world’s second-largest economy attempts to return to its precrisis glory days, Beijing could potentially deal with a new pandemic that could have a sweeping effect on financial markets at home and abroad: a bond default crisis. In this …
The future of digital commerce on your iPhone could be influenced by how courts resolved questions about market control following technological innovations that disrupted previous generations: credit cards and railroads. With the courtroom battle between Epic Games Inc. and Apple …
by JC1812 Families who qualify for the expanded child tax credit payments can expect to see those benefits starting July 15, but they can calculate how much to expect to receive before then. The IRS has announced that prior to sending …
Social Credit may become a more powerful determinant of socio-economic inclusion: Rating a user’s credibility/trust (social credit), as is currently done by Uber, eBay and many others, is becoming more common. At the same time, new technologies such as blockchain …
Is this the beginning of Universal Basic Income? Around 39 million American households are set to get their first monthly payment from the expanded $3,000 child tax credit starting on July 15. That’s according to a joint statement on Monday by the …
Credit Suisse Group AG’s legal woes are mounting following the collapse of supply chain finance group Greensill Capital, as Zurich prosecutors said they received a complaint related to the matter. https://www.bloomberg.com/news/articles/2021-04-23/credit-suisse-faces-zurich-criminal-complaint-over-greensill
by Robert Wheeler The social credit system took yet another step forward—this time, from Down Under. Under the guise of a welfare crackdown, Australia moved 25,000 people onto a cashless card system that restricts non-essential purchases. Aussie welfare recipients only …
https://www.zerohedge.com/markets/jpmorgan-others-unveil-credit-cards-people-no-credit-scores After a year of clamping down on new credit card, mortgage, and commercial loan issuance in the aftermath of the COVID pandemic, US commercial banks are planning to issue credit cards to people with no credit scores. WSJ reports …
China is covertly conducting surveillance and even tracking people’s movements in North America using what’s called “a social credit system,” trying to advance its totalitarian authority all over the world even in free nations. The Gatestone Institute, a non-partisan, not-for-profit …
Vancouver, British Columbia, Canada: China’s Orwellian “social credit system” that records the social and financial behaviour of individuals and corporations across China, using a vast surveillance system, has expanded globally, and is now openly operational at the renowned Haidilao hot pot …
New reports have Credit Suisse now admitting to over $7 billion (and counting) in losses from a bad $320 billion loan to family office Archegos when Credit Suisse bank was adamant only a few weeks ago that, at most, …
The old paradigm is crashing folks. . . It's going to be global. It's going to be biblical. https://t.co/UjUHO8tsts — Green Eggs-n-Sam (@HamEggsnSam) April 13, 2021 https://www.bloomberg.com/news/articles/2021-04-13/china-huarong-s-deepening-bond-rout-pushes-yield-to-record-23?sref=frV97TwV Informative Comments follow: Jim @MusserJim China’s to big to fail? “China Huarong’s biggest …
One of the more fascinating platform items of the Biden presidential campaign was the idea of transferring consumer credit ratings from Equifax (NYSE: EFX), Experian PLC (OTC: EXPGY) and TransUnion (NYSE: TRU) to a public registry under the Consumer Financial Protection Bureau. …
Easy credit …⬇️ Moody’s Financial Conditions Indicator pic.twitter.com/4ZpiIeCQsL — Mo Hossain (@MoHossain) April 11, 2021 "No Risk" Junk Bond Yields At All-Time Low pic.twitter.com/tzGd4E0c0p — Daniel Lacalle (@dlacalle_IA) April 11, 2021 Of course, we are in the strongest Bull Mkt …
by Shaun Richards Last night brought something intriguing from the US economy so let us take a look at the state of play in its credit market. In February, consumer credit increased at a seasonally adjusted annual rate of 7.9 …
