Sunday, May 12, 2024

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Consumer Debt Delinquencies And Defaults Set To Soar

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    by Dave Kranzler, Investment Research Dynamics:

    The following analysis was featured in the September 25th issue of the Short Seller’s Journal.  You can learn more about this newsletter here:  Short Sellers Journal information.

    A survey was done by CreditCards.com in which 60% of the respondents said that they have been in credit card debt for at least a year. That’s up from 50% a year ago. Forty percent said they’ve been in credit card debt for over two years. A quarter of those surveyed said that the reason they carry outstanding credit card debt is to cover daily expenses. The Fed’s July consumer credit report (it has a two-month lag) showed that credit card debt hit a record $4.64 trillion. It’s likely that credit card defaults are going to start shooting higher, causing increased stress on bank balance sheets and credit markets.

    WATCH: Establishment Flunkie Jeffrey Sachs Tells Bloomberg America Was Behind The Nord Stream Pipeline Attack.

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      by Natalie Winters, The National Pulse:

      During an interview with Bloomberg Television, guest Jeffrey Sachs attributed the recent attack on the Nord Stream gas pipelines to the United States, puncturing the narrative that the incident was propagated by Putin’s Russia.

      Sachs – the Director of the Center for Sustainable Development at Columbia University and President of the United Nations (UN) Sustainable Development Solutions Network – made the claim during an October 3rd appearance.

      Construction Spending Ticks up, Non-Residential Hits Record, Residential Stalls after Blistering Boom

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        by Wolf Richter, Wolf Street:

        Office construction wobbles along at much lower levels, amid a glut of vacant offices.

        Construction spending – residential and non-residential – in August ticked up to a record $165.5 billion (not seasonally adjusted), according to estimates by the Census Bureau today. Seasonally, construction spending peaks about this time of the year.

        Sh*t, This Is Getting Very Serious…

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          from Russell Brand:

          TRUTH LIVES on at https://sgtreport.tv/

          The US edges closes to passing digital ID legislation

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            by Ken Macon, Reclaim The Net:

            The Senate Homeland Security and Governmental Committee has approved the Improving Digital Identity Act, a legal framework for digital ID systems for US citizens.

            We obtained a copy of the bill for you here.

            The House Oversight and Reform Committee already voted to pass the legislation in July.

            The “Nuclear Secrets” Hoax Exposed (Ep. 1865) – The Dan Bongino Show

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              from The Dan Bongino Show:

              TRUTH LIVES on at https://sgtreport.tv/

              Pfizer’s “Vaccine” Causes Astonishing Drop in Male Fertility – Men Have Not Been Informed nor Given Their Consent

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                by Rhoda Wilson, Daily Expose:

                When the Covid-19 vaccine rollout to the public began in late 2020, medical professionals, public health agencies, and government spokespeople all assured the public that the novel mRNA “vaccines” did not cause negative systematic effects on human bodies. They promised the public, many of whom were sceptical about the safety of a drug brought to market at “warp speed,” that the vaccines were “safe and effective.”

                Oligarchs Caught Maximizing Starvation Genocide Death Count?! Huge WORLDWIDE Dead Fish Smoking Gun

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                  from Tim Truth:

                  TRUTH LIVES on at https://sgtreport.tv/

                  Catholic Funds Now Transferred to the Vatican Bank per Pope Francis’s Decree in August

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                    by Joe Hoft, The Gateway Pundit:

                    Pope Francis

                    On August 23rd, it was reported that Pope Francis demanded that all funds of the Catholic Church be transferred to the bank at the Vatican by October 1st.

                    Pope Francis on Tuesday imposed an Oct. 1 deadline for all Holy See offices and Vatican-linked institutions to deposit their assets with the Vatican bank.

                    NEW – Doubts are increasing in scientific circles as to whether the manufacturers’ claims about the mRNA vaccine are accurate. Pfizer/BioNTech and Moderna still refuse to allow independent verification of the data.

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                      Researchers Use GMO Mosquitoes to Vaccinate Humans in NIH-Funded Malaria Study

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                        by Michael Nevradakis, Ph.D., Childrens Health Defense:

                        The National Institutes of Health funded a malaria vaccine trial study that used genetically modified mosquitoes to “vaccinate” humans. The Bill & Melinda Gates Foundation has close ties to the research.

                        The National Institutes of Health (NIH) funded a malaria vaccine trial study that used genetically modified (GM) mosquitoes to “vaccinate” humans.

                        Bangladesh Loses 80 Percent Of Power, Likely Due To Inflation

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                          by Kay Smythe, The Daily Caller:

                          Roughly 140 million people in Bangladesh lost power Tuesday after the government-run power grid failed.

                          The failure started around 2 p.m. local time, hitting the entire country except for regions in the north-west, according to Barron’s. The state-run Bangladesh Power Development Board reported that transmission had failed somewhere in the eastern area of the country but the source of the outage remains unclear, the outlet continued.

                          Mercola Website Shutdown — Why You May Be Next

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                            by Dr. Joseph Mercola, Dr. Mercola’s Censored Library:

                            Suppression and harassment of those who dissent against COVID tyranny has created an awakening. We simply can’t pick and choose approved speech.

                            STORY AT-A-GLANCE
                            • September 23, 2022, the Mercola website was cyberattacked and taken offline. The attack also destroyed our email servers and all our email accounts were lost including my primary email

                            CCP, Drug Cartels, Biden Killing Americans with Fentanyl

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                              from The New American:

                              TRUTH LIVES on at https://sgtreport.tv/