by Shaun Richards One of the changes that the credit crunch brought in was that rules that were previously considered normal were broken. Let me start with what looks like an example of a previous rule. LONDON, April 27 (Reuters) …
Looks oddly familiar pic.twitter.com/orr3OGxudT — Rothmus 🏴 (@Rothmus) November 27, 2022 h/t Cented
by confoundedinterest17 The elite class “economists” (aka, cheerleaders) are meeting at Jackson Hole, Wyoming this week. But while they are planning our future, the revision to the miserable Q2 Real GDP report came out this morning. Real gross domestic product (GDP) decreased …
via mishtalk: The yield curve is inverted in 11 different spots. The latest is 5-year to 3-month inversion. The yield curve recession signal is louder and louder. Inversions are persistent and growing. Let’s compare the spreads today to that of December …
via arstechnica: In September of 2018, an anonymous independent security researcher (who we’ll call X) noticed that their power company’s website was offering to email—not reset!—lost account passwords to forgetful users. Startled, X fed the online form the utility account number …
By David Stockman https://twitter.com/macrodidact/status/1098172413337051137 “Surveys show increased credit card debt and lower savings in 2019” @Bankrate @SoberLook H/T @LizAnnSonders @DiMartinoBooth pic.twitter.com/vYHUAhH4ep — The Long Game (@7LongGame) February 18, 2019 Deficit will be worse & debt will be higher than what …
Umich confidence is collapsing and the blame goes to the shutdown. China has just extended an olive branch and they will increase trade by 1 trillion during the next 6 years. Trump and the patriots have been talking about the …
by John Ward In negotiating with Brussels, the Prime Minister’s EU-loyal Cabinet and Whitehall cabal have employed one central tactic over the last twelve months: to leave every ordinary British citizen completely confused, bamboozled and exhausted to the point of apathy …
An interesting theory I hadn’t heard before that the lost city of Atlantis actually did exist, and that its true location has been hiding in plane sight for thousands of years, completely unnoticed, as we’ve been looking in all the …
by Thinker Information that exceeds any college degree or archive from a major news network, put together by a soul that cares about humanity. Understanding and knowing what you look at everyday is important and those who you’ve entrusted for …
Chris Cuomo does it again, this time retweeting a totally bogus claim — without a lick of fact-checking — that some kid bought an AR-15 without valid ID. Twitter busts him on the fact that the same kid admitted he never bought the weapon, …
by David Haggith As we enter 2017, housing bubbles are showing signs of bursting all over the world. I know I’ve been promising I would lay out the economic headwinds for 2017, but 2017’s headwinds are building so fast and furious that I’m having to break …
