via dailymail.co.uk: Rent growth is outpacing increases in income across the country – adding to the financial squeeze on tenants. Average rents have risen by 134.9 percent since 1999, while incomes have gone up by 76.8 percent in the same …
https://www.bloomberg.com/news/articles/2023-04-03/europe-s-inflation-crisis-pulls-governments-into-a-food-fight?leadSource=reddit_wall h/t flyingdutchgirll
by: Oliver Young (Natural News) Shoplifters are having a field day these days as in-store shopping returns to normal. This is causing what is known as shrinkage in accounting. It happens when a store has fewer items in stock than in its …
Layoffs rising (increase in rate) faster than pre-Lehman pic.twitter.com/PEQyo5rIzt — Michael Green (@profplum99) February 28, 2023 h/t Dismal-Jellyfish
by Michael It’s happening. Throughout 2021 and 2022, a whole host of experts were warning that we were going to see another economic crisis like we witnessed in 2008 and 2009, and now it is here. In fact, it is unfolding …
As the economy worsens, people who are heavily in debt often become more reliant on the government for social assistance. The Great Recession of 2008 serves as a prime example of how economic hardship can drive people to seek government-funded …
One of the most satisfying feelings in an electric vehicle is instant torque. Us car lovers crave the feeling of being pressed back into our seats, and while a high-powered internal-combustion car gives that feeling, so does a hyper-efficient EV. …
A nuclear submarine was buzzed by an unidentified object – travelling under water faster than the speed of sound. The claim came from a scientist who had been carrying out classified work on board USS Hampton. Bob McGwier told fighter …
Existing home sales have fallen for nine straight months. A large-scale housing slowdown is becoming increasingly likely, experts say. The supply of single-family homes h/t silvertomars
The New York City subway system saw major felony crimes increase more significantly than the overall transit system’s ridership through October 2022, according to preliminary statistics. Major felonies were committed at a roughly 40.2% higher rate within the subway system …
Mercedes locks faster acceleration behind a $1,200 annual paywall https://t.co/m2K4zLk9J6 pic.twitter.com/w3UQPShOiT — The Verge (@verge) November 23, 2022 https://www.theverge.com/2022/11/23/23474969/mercedes-car-subscription-faster-acceleration-feature-price
via euronews: Sperm counts worldwide have halved over the past five decades, and the pace of the decline has more than doubled since the turn of the century, new research shows. The international team behind it says the data is alarming …
by Ryan McMaken of Mises Institute The federal government’s Bureau of Labor Statistics released new price inflation data today, and according to the report, September was yet another month of soaring inflation. According to the BLS, Consumer Price Index (CPI) inflation rose 8.2 percent year …
by Michael The U.S. housing market is absolutely imploding, but nobody should be surprised. In fact, we were warned way ahead of time that this would happen. When the Federal Reserve told us that they would be aggressively raising interest …
WASHINGTON (AP) – Soldiers are leaving the Army National Guard at a faster rate than they are enlisting, fueling concerns that in the coming years units around the country may not meet military requirements for overseas and other deployments. For individual states, …
by ThinkBigger01 https://www.reuters.com/markets/europe/german-annual-inflation-rate-10-september-business-insider-citing-govt-sources-2022-09-29/ https://www.investing.com/economic-calendar/german-cpi-737 German CPI inflation jumped to a whopping 10.0% in september (from 7.9% last month). Tomorrow we’ll get Eurozone inflation which most likely will also come out much higher. Expect more pressure on ECB and Lagarde to hike alot …
by mark000 Chart by commenter Miguel over at interest.co.nz
posted by Peter Schiff on schiffgold.com: Central bank gold buying notched up again in June. Central banks globally added 59 tons of gold to their reserves last month and there were no reported sales, according to the latest data compiled by …
by BoatSurfer600 Higher prices, skimpier portions and apps — how fast-food chains are changing value deals New car inflation is massively outpacing your pitiful wage increases.
by UniversalSurvivalist
For the first time in history the economy is collapsing faster than the stock market. https://t.co/AkNgZatTHA"The percentage of Americans who feel dissatisfied with their finances is at the highest level since the poll began in 1972" Bulls specialize in ignoring …
by Boo_Randy Well this is rich. “Zimbabwe Ben” Bernanke, who should be serving out a life sentence in a Supermax prison for his role in causing the 2007 housing bubble bust & the 2008 Great Financial Crisis – is “explaining” …
Sri Lanka and Russia have already defaulted while Egypt, Tunisia, Ukraine, and Belarus are on track to default. Rising interest rates also dramatically increase the risk of corporate default for borderline solvent businesses. Prepare your finances for a market correction. …
by confoundedinterest17 Zoltan! (Forbes) – Credit Suisse’s Zoltan Pozsar argues Bretton Woods II crumbled when the G7 countries seized Russia’s foreign exchange reserves. Keeping money inside financial institutions like the IMF was considered risk free. That is clearly no longer the case. Similarly, …
The greater the outflows from bonds the faster THE FED will need to raise. The only way to stop higher rates and the inevitable demise of the property market IS the collapse of the stock market. Enjoy what's left Because …
