Real estate investors have bought 45% fewer homes than a year ago — That’s the biggest decline since 2008 with the exception of the quarter before, when they dropped 48% ⚠️⚠️⚠️ Is it showing up in your area yet? or everything is still holding its value?
The dad goes to Taco Bell and spends $53 on a family of four. He then talks about how he went to an upscale breakfast place in the morning and eat a meal for $67. Americans are having a hard time wrapping their mind around the concept of a currency devaluing in front of their …
Americans having trouble deciphering between whats inflation and whats price gouging Read More »
“Other high street giants have taken steps to try and stop the theft of high value items such as alcohol and steaks.Now the franchise holder at one Spar has decided to start putting empty jars of coffee on display.They were spotted at a store just a mile from Burnley’s Turf Moor Premier League ground.The budget supermarket has ten different varieties that …
Reminiscent of Venezuelan hyperinflation store shelves? Read More »
The massive drains to the strategic petroleum reserve were one of the few things (albeit unsustainable) that were keeping down inflation, but now we’re right back on the roller coaster:
JUST IN: Corporate Defaults Are At Their HIGHEST Level Since The Global Financial Crisis 🤯 Credit rating agency S&P Global has released new data that shows that corporate defaults in August were the worst since 2009. The global corporate default tally jumped to 107 as of Aug. 31, 2023, with 16 defaults in August.They now …
just in. Corporate default rates are at the highest since the great financial crisis Read More »
Debt is becoming a real problem.US interest payments just eclipsed defense as the biggest expense… US national debt is about to hit $33 trillion.It was *only* $31 trillion on October 2nd of last year. That’s $2 trillion of additional debt in less than 12 months. In fact, the debt seems to be piling up ever …
Existing home prices are about pass new home prices. The median existing home sales price is up to $396,000, and the median new home sales price is now down to $416,000. No one wants to sell their home and lose their 3% mortgage. 🚨Ht Reventure Consulting
