True. WHY the media chooses to lie about it is a travesty. Between corrupt “official” data and a tainted media, we may as well be living in the former Soviet bloc. https://t.co/sjKtAcyMyG
— Danielle DiMartino Booth (@DiMartinoBooth) September 12, 2024
Notice how this chart from the Monthly Treasury Statement (created by the Treasury Dept. staff) is graphically misleading. They do show a portion for the deficit ($380B), but that portion is portrayed as smaller than the receipts ($307B). https://t.co/C3WhIY9gYb pic.twitter.com/h92D2kmrr9
— Tom McClellan (@McClellanOsc) September 12, 2024
Aug wasn't just the worst federal deficit of FY '24, but worse than any month in '23 too; federal finance isn't improving - it's deteriorating: pic.twitter.com/zGOJXyRPpx
— E.J. Antoni, Ph.D. (@RealEJAntoni) September 12, 2024
This is absolutely mind-boggling!
— The Mad King (@TheKingCourt) September 12, 2024
The U.S. government has normalized running a $2 trillion deficit.
They better hope there's never an economic downturn, or things could get catastrophic... Oh wait... pic.twitter.com/xZjW4JZkKm
The moment the world changed.
— James Melville 🚜 (@JamesMelville) September 11, 2024
23 years ago today. pic.twitter.com/F1tKoC4eoY
China’s real estate stocks are officially BELOW 2008 levels.
— The Kobeissi Letter (@KobeissiLetter) September 10, 2024
What is happening in China? pic.twitter.com/xZxXI8JuJf
CRE delinquencies are rising and spreading beyond the office sector.
— Peter Berezin (@PeterBerezinBCA) September 11, 2024
Soft landing morphing into quicksand. pic.twitter.com/MdCSc4SJ89
Investors should not mistake the M7 for the economy. Small mom and pop companies are the lifeblood of the economy and will take the economy down into recession. A recession then could then expose the large cap cyclicals masquerading as growth stocks. https://t.co/2XVGiH9LT2 pic.twitter.com/xYYjhwU3gV
— Albert Edwards (@albertedwards99) September 10, 2024
Consumers expecting to miss a debt payment is at a post-Covid high and at its highest August level since 2016. Per the NY Fed’s consumer expectations survey. This has been climbing steadily since mid-2022. pic.twitter.com/e8g3shl2JW
— Bespoke (@bespokeinvest) September 10, 2024
SHOCKING: Home price relative to median income is now at the highest level ever seen
— Game of Trades (@GameofTrades_) September 9, 2024
Let that sink in. pic.twitter.com/SQJQmAlGC8
The FDA has been the victim of a horrible rumor that 50% of their funding comes from the pharmaceutical industry
— Wall Street Apes (@WallStreetApes) September 8, 2024
In response they’ve released an official report of their funding to prove everyone wrong
Officially 47% of their funding comes from Big Pharma (holy sh*t)
“So think… pic.twitter.com/dOQtESrEMb
BREAKING: The US personal savings rate dropped to 2.9% in July, its lowest print in 2 years.
— The Kobeissi Letter (@KobeissiLetter) September 8, 2024
Savings as a percentage of disposable personal income are is at its second lowest level since the 2008 Financial Crisis.
Now, the savings rate has declined for 14 consecutive months.… pic.twitter.com/LBSk2rLgEB
CAUTION: Personal interest payments have crossed $500 billion
— Game of Trades (@GameofTrades_) September 7, 2024
Current levels have NEVER been seen since 1959
This sets the stage for rapid consumer weakening pic.twitter.com/xeee2drn1p
Restaurant Performance Index from the NRA fell last month to cycle low, down 1.3 points
— Don Johnson (@DonMiami3) September 6, 2024
Restaurants are closing at an unbelievable pace right now and same store sales are weak. pic.twitter.com/lNeInfyCmt
This is exactly right. Neither Fed rate cuts nor quantitative easing ended the global financial crisis. The crisis ended the second week of March 2009, when the FASB suspended FAS 157 mark-to-market rules for banks. The hearing was held on March 12, 2009.https://t.co/mRbeGUCFW3 https://t.co/xFhWGVx0dQ
— John P. Hussman, Ph.D. (@hussmanjp) September 4, 2024
Small bank credit card delinquency rates just hit a new record high pic.twitter.com/trpyAQtbVe
— zerohedge (@zerohedge) September 2, 2024
This is what an inflationary depression looks like
— Golden Coast (Cassandra) (@GregCrennan) August 29, 2024
From Dollar General earnings call: pic.twitter.com/bNmSoIN2o5
"Each of the indicators has an impressive record forecasting the stock market’s return over the subsequent decade."
— George Hartzman (@antzmrah) August 26, 2024
Mark Hulbert pic.twitter.com/xxiF4p6P0L
1985 person asks time traveler about the future:
— George Hartzman (@antzmrah) August 23, 2024
"Everything is the same, except we're all enslaved by tiny telephones."
If you look at the fake govt data, they claim grocery inflation is only in the 20% to 25% range overall since 2020.
— Wall Street Silver (@WallStreetSilv) August 22, 2024
If you look at the real world prices with your own eyes, most items are up 50% to 150% since 2020. pic.twitter.com/0YNk0kCWZQ
The depth of naïveté of the average American who thinks can print ourselves into endless prosperity with myriad historical examples proving the exact opposite. pic.twitter.com/zVL6Gy07b7
— Death Cab to QE (@DeathCabToQE) August 19, 2024
Since 2008, 60% of the US money supply was created, as the other 40% was created between 1913 and 2007.
— George Hartzman (@antzmrah) August 21, 2024
Prices rise from the inflation of the currency, deficits and unsustainable debt issuance.
From 2008 to 2024, US Federal Debt has increased by approximately $25 trillion, an… https://t.co/QJC0hgWgri
60-Day Auto Loan Delinquency Rates Rising pic.twitter.com/HGaSWz9UaG
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) August 19, 2024
Here is a better chart for comparing outlays to receipts. We are currently spending 34% more than we are taking in. Can you imagine cutting federal spending 34%? [1/2] https://t.co/dtoM5NeEkQ pic.twitter.com/hXXy5AbTnV
— Tom McClellan (@McClellanOsc) August 19, 2024
EPS estimates down, stock prices up pic.twitter.com/9Dynvs6nnE
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) August 16, 2024
Milton Friedman said it best:
— Cillian (@CilComLFC) August 16, 2024
“Keep your eye on how much the Government is spending, because that is the true tax.
There is no such thing as an unbalanced budget. You PAY FOR IT either in the form of taxes, or indirectly in the form of inflation or debt.”
Fact check: TRUE ✅ pic.twitter.com/QrFNKazVns
Concerning Stuff 8/17/24https://t.co/6u2ErFZC2D
— George Hartzman (@antzmrah) August 17, 2024
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