Current economic conditions are approaching the 1980 and 2008 lows… but housing units under construction are the highest in history… it did not end well the previous times we had this setup…

by silvertomars This is going to be insane. I smell a “Greater Depression”. Fed’s back is against the wall. They touch interest again housing CRASHES. Heck one quarter made housing mortgage contracts drop in half. Get right with God. Stack. …

READ MORE

T-Dazzle! Inflation Crushing Households Under $60k, Russian CDS Indicating 99% Probability Of Russia Debt Default Over Next Year (WTI Crude UP 2%+, Wheat UP 3%+)

by confoundedinterest17 As we are painfully aware, The Fed’s exaggerated monetary flood combined with Federal stimulus spending has led to horrible inflation. Yes, despite what government talking heads say, Federal stimulus increases demand for goods, the supply is generally slow to …

READ MORE

Going Down! Mortgage Rates Keep Rising, UP 68.75% Under Biden While Mortgage Payments UP 27.25% As Mortgage Applications Decline 6.3% From One Week Earlier

by confoundedinterest17 Mortgage applications are going down as expectations of monetary tightening send mortgage rates soaring. Mortgage applications decreased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April …

READ MORE

US Army Proposes To Cut Troop Levels Under 1 Million For The First Time In 20 Years

This is scary shit… 473,000 full time soldiers and the rest are weekend warriors. Russia, has well over a million active military and China…millions. https://www.bloomberg.com/news/articles/2022-03-28/u-s-army-proposes-to-cut-its-troop-numbers-below-one-million?srnd=premium The Army would fall under 1 million soldiers for the first time in 20 years …

READ MORE

In the past, nations under sanctions just accepted their fate and hoped the US government didn’t apply more. Putin is re-writing that playbook.

https://twitter.com/JTSEO9/status/1509524079899987973 WESTERN OFFICIAL SAYS I DON’T THINK WE ARE SEEING ANY SIGNS THERE IS A REALLY SERIOUS ATTEMPT AT FINDING COMPROMISE IN RUSSIA-UKRAINE PEACE TALKS — First Squawk (@FirstSquawk) March 31, 2022 https://twitter.com/disclosetv/status/1509525646493446147 Seriously – I buy this hook line …

READ MORE

SEC Alert! Under the proposed rules, any market participant that engages in activities as described in the rules would be a “dealer” or “government securities dealer” and become members of a self-regulatory organization (SRO), and comply with federal securities laws and regulatory obligations.

by Dismal-Jellyfish Specifically, today’s release proposes further defining a dealer and government securities dealer as one that engages “in a routine pattern of buying and selling securities that has the effect of providing liquidity to other market participants” by, for example: …

READ MORE

Warning from Canada: Financial Freedom Under Attack

by: Stefan Gleason As the world nervously awaits the next development in nuclear-armed Russia’s standoff with Ukraine, a different headline-grabbing standoff may be even more consequential for investors. Canada’s trucker-led Freedom Convoy has been protesting draconian government mandates and restrictions. …

READ MORE