NOT KNOWING HOW TO PREPARE FOR BANK FAILURES COULD LAND YOU PENNILESS...
• The Common Sense Show - Dave Hodges...AND IN PRISON!
Contents Pages by Subject
Economy - Economics USA
Deep Diving the Fed's Killer Whale Crisis
• https://odysee.com, BestEvidenceDeep Diving the Fed's Killer Whale Crisis
Interest-Only Loans Helped Commercial Property Boom. Now They're Coming Due.
• Wall Street JournalLandlords face a $1.5 trillion bill for commercial mortgages over the next three years
Core US Factory Orders Unexpectedly Shrank In April - Weakest Since COVID
• https://www.zerohedge.com, by Tyler DurdenIt really should not have been a surprise - given the weakness in Manufacturing PMIs - but headline and core US factory orders disappointed in April (today's latest data).
Fake Debt Ceiling Fight Yields Fake Spending Cuts And A Credit Card With No Limits
• https://www.zerohedge.com by Michael MaharreyWe have a debt ceiling deal. And the deal is there is functionally no debt ceiling until January 2025.
Republicans Fiscally Irresponsible Act
• http://www.ronpaulinstitute.org, by ron paulThe political and financial class breathed a sigh of relief when Congress passed the Fiscal Responsibility Act of 2023.
Biden's Green Rules Mean Appliances Will Soon Cost More And Do Less, Experts Say
• https://www.zerohedge.com by Kevin StocklinA pledge by the Biden administration in December 2022 to take "more than 100 actions" to impose significantly tighter environmental standards on consumer goods is now becoming reality, and consumer groups are predicting a future in which American
FHA Floats New Program To Use Taxpayer Cash To Pay Mortgages Of Delinquent Homeowners
• https://www.zerohedge.com, by Tyler DurdenFurther proving we haven't learned our lessons from the "free stuff" era of Covid "relief" that taxpayers funded and continue to pay for via out of control inflation, the government announced last week it is working on a way to reward people who don'
Restructuring the Debt Beats Inflating It Away - Ep 898
• https://www.youtube.com, Peter SchiffRestructuring the Debt Beats Inflating It Away - Ep 898
Biden Signs Debt Ceiling Bill, Ending Monthslong Political Battle
• https://www.zerohedge.com, by Lawrence WilsonPresident Joe Biden signed the Fiscal Responsibility Act on Saturday, suspending the debt ceiling for 19 months and bringing a monthslong political battle to a close.
Investor Home Purchases Collapse Most On Record
• https://www.zerohedge.com by Tyler DurdenResidential real estate brokerage firm Redfin released new data that revealed a record-breaking drop in homes purchased by investors in the first quarter.
Senate Passes Biden-McCarthy Debt Ceiling Bill 63-36 – UPDATE:
• By Cullen LinebargerSenate Passes Biden-McCarthy Debt Ceiling Bill 63-36 – UPDATE: Full Vote Breakdown Including 17 GOP Sellouts
Office Owners Dump Lesser Buildings for Whatever They Can Get
• The Wall Street JournalSome of New York's best known real-estate developers are unloading their least viable office buildings at deep discounts, cracking open a sales market that had all but closed in the first quarter.
US Manufacturing Surveys Signal "Renewed Deterioration Of Business Conditions"...
• https://www.zerohedge.com, by Tyler DurdenUS Manufacturing Surveys Signal "Renewed Deterioration Of Business Conditions" In May, Orders/Prices Plunge
It Isn't Just The Economy That Is On The Verge Of Collapse…
• http://theeconomiccollapseblog.com by Michael SnydWe are in far more trouble than most people realize. In recent months, our rapidly growing economic problems have gotten a lot of attention, and without a doubt our economy is heading into really hard times.
News you need to know...June 1st...More evidence we are in a recession.
• https://www.youtube.com by southernprepper11:02 / 8:12 News you need to know...June 1st...More evidence we are in a recession.
Deposits at Capitol One bank frozen by NYC's banking commission amid insolvency fears
• https://www.naturalnews.com, by: JD HeyesAfter Democrats under then-President Barack Obama rammed through a massive new regulatory regime for the banking industry following the 2008 "Great Recession," Americans were told that bank collapses were a thing of the past.
Elon Musk said home prices will crater - and it prompted a sharp rebuttal...
• https://www.msn.com, by proseninsider.comElon Musk said home prices will crater - and it prompted a sharp rebuttal from the CEO of housing giant Redfin
Elon Musk Warns Homeowners About the Value of Their Homes
• The StreetThe billionaire says residential real estate is the next victim of the ongoing economic downturn.
The Bankruptcy Caravan Is Now Arriving: Time to Pay for the Easy Money
• https://mises.org, Doug FrenchThe character Mike Campbell in Ernest Hemingway's 1926 novel The Sun Also Rises was asked about his money troubles and responded with a vivid description embracing self-contradiction: "'How did you go bankrupt?' Bill asked. 'Two ways,' Mi
A Debt Jubilee of Biblical Proportions Is Coming Soon… What You Need To Know
• https://internationalman.com by Nick GiambrunoFour thousand years ago, the rulers of ancient Babylon discovered a technique to stave off violent revolts.
Doug Casey on the Bankruptcy of the US Government
• https://internationalman.com, by Doug CaseyEveryone knows that the US government is bankrupt and has been for many years.
Case-Shiller Top City Home Prices Decline From Year Ago for the First Time Since May 2012
• https://mishtalk.com by MishThe Case-Shiller 10-city and 20-city indexes are now down year-over-year although the national index is still positive.
Total Farce: Real Spending Under Debt Ceiling Deal Actually Goes Up Next Year
• https://www.zerohedge.com, by Tyler DurdenLate last week, we were the first to correctly summarize what the bottom line of the so-called "debt ceiling deal" meant for the US, for future generations of Americans, and for the ridiculous melodrama gripping Washington: a -0.2% of GDP cut in nomi
Blackrock's Ai Aladdin - (Publisher Recommended)
• TwitterWall Streets Best Kept SECRET is helping Blackrock to buy up the world.
This Is The End Of A Mega-Cycle
• The Economic Collapse Blog - Michale SnyderHave we finally reached the end of the road? When it comes to the economy, most of us focus on short-term cycles.
More Than 50,000 US Stores Will Close By 2027 According To UBS
• https://www.zerohedge.com, by Tyler DurdenOver 2,000 stores across all retail sectors have closed in the past 12 months according to a recent report from UBS retail analyst Michael Lasser (available to pro subs in the usual place), and that is just the beginning.
There Are 99 Pages Of Details In The Debt-Ceiling Deal, And A Big Trap On Republicans
• https://www.zerohedge.com, By Mish ShedlockIf you wish to wade through 99 pages of details, here's the full text of the Allegedly Final Debt-Ceiling Deal.
Total Farce: Real Spending Under Debt Ceiling Deal Actually Goes Up Next Year
• https://www.zerohedge.com, by Tyler DurdenLate last week, we were the first to correctly summarize what the bottom line of the so-called "debt ceiling deal" meant for the US, for future generations of Americans, and for the ridiculous melodrama gripping Washington: a -0.2% of GDP cut in nomi
Memorial Service
• By James Howard Kunstler"Liberalism was never about freedom, but nurtured a profound desire to change humanity above all other aspects. This rendered it a willing ally of tyrants promising to do the dirty work of such a project." -- John Waters on Substack
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