https://www.youtube.com/watch?v=QGwinqYEa0Q Over the past decade, the U.S. auto industry has significantly boosted sales by pushing people to take on auto loans they cannot actually afford. That’s been particularly true for auto loans made to consumers with subprime credit. In …
by Charles Hugh Smith on Of Two Minds: Recessions reliably arise from the confluence of these conditions. Note that any one condition can trigger a recession, but no one condition guarantees a recession. Severe, long-lasting recessions occur when multiple conditions arise …
The firm borrowed money to buy stakes in private companies and posted massive gains. But as valuations fade, such bullishness is veering into losses across the industry. ByHema Parmar and Miles Weiss June 8, 2022, 12:01 AM EDTUpdated onJune 8, …
by TheHiveminder One of my coworkers disagrees with all of the major democrat platforms, ex: men can be pregnant, open borders, defund the police, etc. However, because he’s an “blue dog” he doesn’t feel the Democrats have shifted that far …
or are we just really close to a full financial collapse? #AskingForAFriend — Luke Rudkowski (@Lukewearechange) April 21, 2022 Breaking: CNN+, the streaming service that was hyped as one of the most signifiant developments in the history of CNN, will …
Inflation. Deflation. Unprecedented currency creation. Falling velocity. With all that is happening in the economy, we figured it would be a great time to revisit one of Mike Maloney’s ‘most likely outcome’ presentations.
Hillary Clinton continues to act as if she is an authority on ‘disinformation’ and is calling for governments to globally decide “a standard” for social media platforms… in the same week Donald Trump’s Facebook ban was upheld. In a new …
In this RTD Quick Take I share some thoughts from the Crescat’s Quarter One Financial Report. I don’t find it shocking that more investment firms are all bracing for a correction while the public at large has no clue as …
https://www.youtube.com/watch?v=Ci0hJ_KomMA They are real despicable…200 percent…ESPECIALLY WATERS….ONE OF THE MOST CORRUPT POLITICIANS EVER. Media darlings dashed after Mueller Report https://www.youtube.com/watch?v=J-j4g3FbPK0 AS
by Mac Slavo of SHTFplan Global markets are now facing a $12 trillion dollar reckoning. The problem is staring the financial apocalypse right in the face and has the potential to accelerate the coming stock market crash. A recent report from the Congressional Budget …
by Jesse “In particular, over a protracted period of good times, capitalist economies tend to move from a financial structure dominated by hedge finance units to a structure in which there is large weight to units engaged in speculative and …
by Ron Paul of Ron Paul Liberty Report It’s been reported that (just) the interest payments on the U.S. government’s debt will be larger than Medicaid in less than 2 years, and larger than the military budget in 6 years. The math is …
by Michael Snyder After 125 years, it is time to say goodbye. At one time, Sears was the largest retailer that the world had ever seen by a very wide margin, and it was a shining representation of America’s seemingly endless …
via dailyreckoning: The buck stops here, said Truman. But Trump says it stops with the next fellow in line. Let it be the next president’s toothache. Last year administration bean counters unfurled a worrisome chart before the president… It revealed an …
https://www.youtube.com/watch?v=rKoqBXlbVS4 Today’s Guest: Gus Demos Website: Perpetual Assets https://www.perpetualassets.com/
by Adam Taggart All things have a beginning, a middle and and end. And now, more than 3,480 days into the current bull market, the longest in history, we can say with high confidence we are very close to its …
by Jesse “The world needs a new generation of policymakers who don’t hobnob with billionaire speculators and who understand workers’ concerns. Unfortunately, the change will not come smoothly.” Andy Xie “At the root of America’s economic crisis lies a moral …
With total global debt surpassing $233 TRILLION in 2017, we are well down the path of destruction of all fiat currencies, the only question is this: How much time do we have left before the day of reckoning arrives? Patrick …
by Chris Martenson Watching the world these days, I’m experiencing the same fury that rises up from my gut when the driver in the car ahead me is weaving drunkenly, endangering everyone on the road. Fury is a normal and …
by FS Listen to this podcast on our site by clicking here or subscribe today by clicking here. Things are likely to get bumpy and a “time of reckoning” is coming for global markets and economies, David Marsh, co-founder and chairman of the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Still dreaming in la-la-land. High-grade corporate bonds are “gradually” – the key word in everything the Fed says – and reluctantly coming to grips with the new era: Yields are rising and bond prices are falling. …
Bitcoin is going physical, a new start-up is launching Bitcoin banknotes. Russia is going to use the blockchain for the their payment system. We are now seeing another indicator that the entire system is about to implode on itself,credit has …
For More Information See: https://newswars.com/news-corp-ceo-ad… https://www.youtube.com/watch?v=PXb3_… https://www.wsj.com/articles/how-yout… https://goo.gl/DLEQJw https://goo.gl/PbjstX http://www.bostonglobe.com/ideas/2017… https://townhall.com/notebook/bethbau…
by Simon Black Less than two weeks ago, the United States Department of Treasury very quietly released its own internal projections for the federal government’s budget deficits over the next several years. And the numbers are pretty gruesome. In order to …
By Michael Snyder In 2008, subprime mortgages almost single-handedly took down the entire financial system, and now a new subprime crisis is here. In recent years, the auto industry has been able to boost sales by aggressively pushing people into …
By Michael Snyder There is so much chaos going on that I don’t even know where to start. For a very long time I have been warning my readers that a major banking collapse was coming to Europe, and now …
