expense
Janet Yellen Is Not Bluffing! Not Enough Money To Pay June 1st Interest Expense. May Not Even Has Enough Money To Last Through Next Week!
by Hephaestus4 They will raise the debt ceiling again and again. $1.5 Trillions just enough to pay interest for our $31.7 Trillions Debt likely until the end of this year. Interest is compounding fast. It is best to shock the …
Wolf Richter: No, the Fed is not about to pivot because of rising interest expense
via WOLF STREET: We have a situation here. Folks are out there promoting the idea that the Fed cannot keep interest rates at 4.5% for long, and that it certainly cannot hike interest rates to 5.0% or 5.5%, because the amount …
Interest Expense on US Public Debt rose to $775 billion
The Interest Expense on US Public Debt rose to $775 billion over the past year, a record high. If it continues to increase at the current pace it will soon be the largest line item in the Federal budget, surpassing …
$38 trillion in debt at 5% = $1.9 trillion in interest expense per year. That is ~50% of tax revenue… The Fed is not in control. The Bond Market is in control.
https://twitter.com/WallStreetSilv/status/1611853802524622849 The highest yield on the US Treasury curve is the six month T-Bill, at 4.8%. There is no way the Fed is going to 5%. The Fed is not in control. The Bond Market is in control. — Jeffrey …
War torn Kiev. $60b party at US taxpayer expense!
Aww how nice 🤬🤬🤬🤬 — LaylaTexas77🌹 (@LaylaTexas77) September 13, 2022
HOW CANCEL CULTURE BOOSTS THE POWERFUL — AT EVERYONE ELSE’S EXPENSE.
When Washington Post reporter David Weigel retweeted a joke in early June, he probably didn’t expect to be suspended without pay for a month, or for it to lead to a newsroom blowup culminating in another reporter’s firing and a very public …
George Gammon: Sanctions are merely a way for Rich people to feel good at the expense of the poor.
Sanctions are merely a way for Rich people to feel good at the expense of the poor. — George Gammon (@GeorgeGammon) April 6, 2022 ECONOMIC SANCTIONS PARADOX:1. EU countries sanction Russia to hurt its economy2. The commodities that Russia sells …
GBTC ETF is significantly underperforming Bitcoin. GBTC’s 2% expense ratio is generating $740 million in annualized fee income for its management!
Ref: https://www.barrons.com/articles/grayscale-bitcoin-trust-fund-etf-price-51637689328 With $37 billion in assets, the Grayscale trust GBTC is the world’s largest Bitcoin fund. It towers over every other fund on the market. Investors have flooded into the Grayscale trust because it owns Bitcoin directly. Its largest holder …
Money printing continues to benefit the 1% at the expense of the middle class.
https://twitter.com/WallStreetSLVR/status/1382362906222858241 M2 GROWTHVS. INFLATION 🚀🚀🚀 pic.twitter.com/fmwGlPGduw — Win Smart, CFA (@WinfieldSmart) April 12, 2021 Global 🌎 Housing pic.twitter.com/0QpBPU2gRg — Win Smart, CFA (@WinfieldSmart) April 14, 2021 Lumber price is going to the moon@business https://t.co/cvhTDlBUP5 pic.twitter.com/zaEiYHpmC8 — Mo Hossain (@MoHossain) April …
The Fed’s “Wealth Effect” Has Enriched the Haves at the Expense of the Young
by Charles Hugh-Smith The Fed is the mortal enemy of the young generations, and thus of the nation itself. “The wealth effect” generated by rising stock and housing prices has long been a core goal of the Federal Reserve and …
Vanguard S&P500 Index Fund $VOO Expense Ratio Lowered from 0.04% to 0.03%
by notabot_v1 $VOO Expense Ratio Lowered from 0.04% to 0.03% Congrats to all you Bogleheads — the most boring investment just got a little cheaper. via MarketWatch: Vanguard Group will not be outdone. A fintech start-up offered zero-fee ETFs first, but …
Fidelity announces two additional zero-expense ratio funds
by Stahrk https://www.bloomberg.com/news/articles/2018-09-12/fidelity-launches-two-additional-zero-fee-index-mutual-funds https://www.fidelity.com/about-fidelity/individual-investing/fidelity-continues-to-lead-the-industry-with-launch With the addition of these funds, this makes a total of four zero-ER offerings from Fidelity, they’ve lowered the ERs on most of their other funds, and also nixed the minimum investment requirements and all account-level …
Dear High School Graduates: the Status Quo “Solutions” Enrich the Few at Your Expense
by Charles Hugh-Smith You deserve a realistic account of the economy you’re joining. Dear high school graduates: please glance at these charts before buying into the conventional life-course being promoted by the status quo. Here’s the summary: the status quo …
Total U.S. Public Debt & Interest Expense Hit A New Record High
BY SRSROCCO The total U.S. public debt hit a new record high of $21.145 trillion on the last day in May. As the U.S. debt increased, so did the interest expense which jumped by more than $26 billion in the …
They ‘punish’ at their own expense….
Journalists donated $380k to Clinton campaign, then when she lost proceeded to punish GEOTUS unlike anything that’s ever been done before!! It’s not news, it’s revenge! h/t DefNotHillDawg
Start New Year's Day Off With A Good Laugh At CNN'S Expense! BITTER LEMON!
by Pamela Williams HA! HA! News Anchor at CNN, Don Lemon, had his mic pulled last night while hosting CNN’s NYE festivities from New Orleans with Brooke Baldwin. Oh, what a night it was! The hosts were drinking tequila, and …