Rand Paul: I brought along the 1.7 trillion, 4,000+ page Pelosi-Schumer omnibus spending bill that’s being fast-tracked through the Senate. I brought along the 1.7 trillion, 4,000+ page Pelosi-Schumer omnibus spending bill that's being fast-tracked through the Senate. This process …
High government deficits can lead to an unsustainable debt burden, which can lead to higher taxes, a decrease in private investment, and a decrease in economic growth. Inflation is experienced as an increase in the general level of prices of …
American households’ real wealth fell $13.5 trillion in the first three quarters of 2022, according to a MarketWatch report. The 8.6 percent drop from January to September is the second fastest decline on record, behind the financial crisis of 2008/2009. Record-high …
by confoundedinterest17 Blackrock has a grim presentation on investing in 2023. Particularly with regards to The Federal Reserve and their ability to stave-off a recession (comin’ at you!). Central bankers won’t ride to the rescue when growth slows in this new …
Whose turn was it to watch the big pile of money? Was it Biden? h/t JustmeTX
by Michael If you thought that the collapse of FTX was something, just wait until the entire global financial system comes crashing down all around us. Most people just assume that the system is being managed by rational people that …
The housing bubble is beginning to burst pic.twitter.com/NSEGuNaJ0Q — Markets & Mayhem (@Mayhem4Markets) December 3, 2022 h/t Boo_Randy
$1.3 trillion has been wiped from the crypto market so far this year. Tech: hold my beer. pic.twitter.com/UqbpOlxRBT — Genevieve Roch-Decter, CFA (@GRDecter) December 1, 2022 Another day, another crypto scam! This time, 21 people have been charged for participating in …
🖕🖕🖕🖕🖕🖕🖕🖕🖕 pic.twitter.com/hOp3fXdQKv — Truthseeker (@Xx17965797N) November 30, 2022
It seems like an eternity ago, but it’s just been a year. At this time in 2021, the Nasdaq Composite had just peaked, doubling since the early days of the pandemic. Rivian’s blockbuster IPO was the latest in a record …
Get ready, ultra-wealthy Americans: President Joe Biden wants you to start paying your share. Through the Inflation Reduction Act, Biden plans to increase funding for the IRS to help the agency catch sneaky tax evaders — especially those high-earners who …
by Money Metals Americans are facing 40-year high inflation and there’s been no shortage of discussion on the topic. It’s the number one issue on the mind of Americans heading into midterms, and every day on TV and in newspapers pundits are debating …
by Chris Black For the record, $1 Trillion is 1000 Billion, just so you put things into perspective. The entire protocol of publicly-traded companies has become bogged down with ridiculous speculation, mostly due to the free flow of money and …
Judge Orders Aluxxx Jones to Pay Another $473 Million for ‘Lies About Sandy Hook School Shooting’ https://twitter.com/PattisNorm/status/1583620254789689344 AC
Why stop there, demand that he deliver you the moon and stars while you’re at it. Sandy Hook families said a Connecticut judge should impose “the highest possible punitive damages” for Alex Jones, suggesting by one calculation that could …
Biden: Climate spending will bring "a billion, a trillion, 750 million dollars, billion dollars off the sidelines of investment."pic.twitter.com/mGicRof7tU — Daily Wire (@realDailyWire) October 12, 2022
Atop Bank of England official confirmed for the first time that worries that a popular pension fund investment would collapse prompted the intervention by the central bank to buy bonds at a time when it was planning to sell them. …
by Simon Black Last Friday, September 30th 2022 was the close of the Fiscal Year for the US federal government. If you’re not familiar with the term, the ‘Fiscal Year’ refers to the government’s official accounting period. It starts on October …
WASHINGTON — America’s gross national debt exceeded $31 trillion for the first time on Tuesday, a grim financial milestone that arrived just as the nation’s long-term fiscal picture has darkened amid rising interest rates. The breach of the threshold, which …
by Michael In less than one year, 46 trillion dollars in financial wealth has been wiped out. If that isn’t a “crash”, how would you define one? Since last November, stocks and bonds have been plunging all over the globe. …
A $46 trillion wipe out in stocks and bonds over the past year has led to forced liquidations on Wall Street, according to Bank of America. The bank doesn’t expect the bleeding to stop until the Fed launches a coordinated …
by confoundedinterest17 Wipe out! $32 TRILLION of global stock value has been wiped out since December 2021. Today’s core PCE deflator reading of 4.9% YoY shows that the inflation surge is not over. With a core PCE deflator of 4.9%, the …
Americans’ holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the start of the year. With major market indexes falling further since July, experts say …
A private-sector estimate puts Japan’s recent intervention in the currency market at more than 3 trillion yen, or over 20 billion dollars. The government and the Bank of Japan stepped into the market last Thursday to buy the yen and …
by Boo_Randy What if this is it – the end of the Fed’s house of cards built on debt, fraud, and funny money? Hey, so did anyone else notice the Fed has quietly halted most QT? I knew they’d go …
CITIGROUP $C IS WARNING THAT FINANCIAL CONTAGION HAS SPREAD SO FAR ACROSS CHINA’S PROPERTY INDUSTRY THAT EVEN STATE-BACKED DEVELOPERS ARE AT RISK OF SURGING DEFAULTS $60 trillion property market imploding in China $FXI $KWEB $BABA $JD $PDD — Special Situations …
by confoundedinterest17 The Biden Administration celebrated their irresponsible spending splurge on the White House lawn with boring singer James Taylor droning several tunes. But why is Biden celebrating driving up Federal debt by $4.8 TRILLION??? According to the Committee for a Responsible Budget (what …
via trustnodes: The Securities and Exchanges Commission (SEC) has removed a $1 billion cap on the amount of pension funds that can be tapped by the Options Clearing Corporation (OCC) in case one of its members defaults. “With respect to OCC’s …
