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Did he have a tiny todger?
Is The Economy Just Now Falling Apart
- Thread starter Declan
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Feels like the calm before the storm.
likely a horrific employment and inflation report on Friday.
I think gild will now hold 2000 and interestingly oil is accelerating it recent climb
likely a horrific employment and inflation report on Friday.
I think gild will now hold 2000 and interestingly oil is accelerating it recent climb
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Now just pennies from $50 where I begin to make a fortune.
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Are we ready for a massive rug pull.
The employment report was close to the numbers but with a lot of other signs of weakness.
Markets were closed today so we have to await til the weekend is over to see what next week holds.
But there are reports of huge physical purchases of both gold and silver. Hopefully that will ramp up.
The employment report was close to the numbers but with a lot of other signs of weakness.
Markets were closed today so we have to await til the weekend is over to see what next week holds.
But there are reports of huge physical purchases of both gold and silver. Hopefully that will ramp up.
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US Bank Lending Slumps by Most on Record in Final Weeks of March
(Bloomberg) -- US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses that risks damaging the economy.Most Read from BloombergSummers Says Recession Probabilities Rising, Fed...
(Bloomberg) -- US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of sev...
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California Economy Is on Edge After Tech Layoffs and Studio Cutbacks
California has often been at the country’s economic forefront. Now, as fears of a national recession continue to nag, the
dnyuz.com
I am seeing more of these types of story.
It would be poetic justice if California sank first.
Gas and energy is very much more costly there so it will be a beautiful thing.
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For the past two weeks there has been no great movement on the financial landscape at all much. Aside from the usual prophets of doom etc.
The government will be taking in a lot of tax money so the debt issue is pushed into the future by a few weeks.
The expectation being that with concession or two, the Republicans will raise it . The democrats will be trying to have the raise enough to get past the election in November 2024.
That means at least two trillion.
The government will be taking in a lot of tax money so the debt issue is pushed into the future by a few weeks.
The expectation being that with concession or two, the Republicans will raise it . The democrats will be trying to have the raise enough to get past the election in November 2024.
That means at least two trillion.
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Mast banks are insolvent.
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- Joined
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WARNING from Rich Dad Poor Dad, Robert Kiyosaki – The Coming Financial Tsunami There’s an urgent situation unfolding right now!
WARNING from Rich Dad Poor Dad, Robert Kiyosaki – The Coming Financial Tsunami
There’s an urgent situation unfolding right now!
From Robert Kiyosaki, best-selling author of Rich Dad, Poor Dad:
There’s an urgent situation unfolding right now!
The Federal Reserve just warned the world to ‘expect a mild recession this year’.
What this really means: Expect all hell to break loose.
Why?
Because last time they said ‘inflation was transitory’, well, the truth was, inflation was not only out-of-control, it was here to stay.
Back in 2008, the same situation occurred.
After the 85-year-old investment bank, Bear Stearns collapsed, the Treasury Secretary at the time, Hank Paulson stated:
“Our financial institutions, our banks and investment banks are very strong.”
Shortly after, we experienced a huge financial crisis that affected the whole world for years.
And right now, here’s the situation we’re in: The Fed hasn’t been able to get inflation under control despite the record 10 consecutive rate hikes.
This has led to 3 banks collapsing, 186 other banks hanging on by a thin thread and Credit Suisse being bought for pennies on the dollar.
On top of this, Joe Biden is planning to retire the US dollar and replace it with the central bank digital currency, also known as CBDCs.
Plus, the relationship between the USA and its allies is breaking down. Key US allies are moving towards China and Russia.
And to make matters worse, they’re trying to lock up our former President Donald Trump, and are getting away with it.
No doubt, we have a real disaster in our hands.
politicrossing.com
WARNING from Rich Dad Poor Dad, Robert Kiyosaki – The Coming Financial Tsunami
There’s an urgent situation unfolding right now!
From Robert Kiyosaki, best-selling author of Rich Dad, Poor Dad:
There’s an urgent situation unfolding right now!
The Federal Reserve just warned the world to ‘expect a mild recession this year’.
What this really means: Expect all hell to break loose.
Why?
Because last time they said ‘inflation was transitory’, well, the truth was, inflation was not only out-of-control, it was here to stay.
Back in 2008, the same situation occurred.
After the 85-year-old investment bank, Bear Stearns collapsed, the Treasury Secretary at the time, Hank Paulson stated:
“Our financial institutions, our banks and investment banks are very strong.”
Shortly after, we experienced a huge financial crisis that affected the whole world for years.
And right now, here’s the situation we’re in: The Fed hasn’t been able to get inflation under control despite the record 10 consecutive rate hikes.
This has led to 3 banks collapsing, 186 other banks hanging on by a thin thread and Credit Suisse being bought for pennies on the dollar.
On top of this, Joe Biden is planning to retire the US dollar and replace it with the central bank digital currency, also known as CBDCs.
Plus, the relationship between the USA and its allies is breaking down. Key US allies are moving towards China and Russia.
And to make matters worse, they’re trying to lock up our former President Donald Trump, and are getting away with it.
No doubt, we have a real disaster in our hands.
WARNING from Rich Dad Poor Dad, Robert Kiyosaki - The Coming Financial Tsunami ⋆ Politicrossing
There’s an urgent situation unfolding right now!
politicrossing.com
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A deficit of €3.7 billion was recorded in the public finances at the end of April, according to the latest figures from the Department of Finance.
This takes account of the transfer of €4 billion to the National Reserve Fund (NRF) in February.
On a rolling 12-month basis, the surplus in the public finances was €2.4 billion.
The Department has also calculated that when an estimate for 'excess' corporation tax, receipts from the sale of shares in AIB and the €4 billion transfer to the NRF are all taken into account, there was an underlying deficit of "approximately €4 billion."
Overall tax revenue was up €3 billion, or 14.2%, to €24.1 billion in the four months to the end of April compared to the same period last year.
This was driven by higher income tax, VAT and corporation tax.
Income tax was €3.1 billion in April, an increase of €339 million or 12.5%, on April last year.
On a cumulative basis, €10.4 billion in income tax was collected to the end of April.
That was €894 million or 9.4% higher than the same period last year.
Corporation tax fell by €91 million in April compared to April 2022 to €308 million.
April isn't considered one of the big months for corporation tax.
Cumulatively, the corporation tax collected in the year to the end of last month is €3.5 billion.
That’s €1.3 billion or 55% ahead of the same period in 2022.
VAT receipts in April were €229 million, up €38 million or 20% on the same month last year.
April is not a VAT due month.
Cumulatively VAT receipts to the end of April are up €968 million or 16% to €7 billion.
www.rte.ie
This takes account of the transfer of €4 billion to the National Reserve Fund (NRF) in February.
On a rolling 12-month basis, the surplus in the public finances was €2.4 billion.
The Department has also calculated that when an estimate for 'excess' corporation tax, receipts from the sale of shares in AIB and the €4 billion transfer to the NRF are all taken into account, there was an underlying deficit of "approximately €4 billion."
Overall tax revenue was up €3 billion, or 14.2%, to €24.1 billion in the four months to the end of April compared to the same period last year.
This was driven by higher income tax, VAT and corporation tax.
Income tax was €3.1 billion in April, an increase of €339 million or 12.5%, on April last year.
On a cumulative basis, €10.4 billion in income tax was collected to the end of April.
That was €894 million or 9.4% higher than the same period last year.
Corporation tax fell by €91 million in April compared to April 2022 to €308 million.
April isn't considered one of the big months for corporation tax.
Cumulatively, the corporation tax collected in the year to the end of last month is €3.5 billion.
That’s €1.3 billion or 55% ahead of the same period in 2022.
VAT receipts in April were €229 million, up €38 million or 20% on the same month last year.
April is not a VAT due month.
Cumulatively VAT receipts to the end of April are up €968 million or 16% to €7 billion.
Deficit of €3.7bn in public finances at end of April
A deficit of €3.7 billion was recorded in the public finances at the end of April, according to the latest figures from the Department of Finance.
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Interesting, I was reading that the debt limit is much sooner than previously estimated as tax inflow was only about 175 billion instead of about 800 billion expected.
So the huge inflows are to dry up here and there as well.
So the huge inflows are to dry up here and there as well.
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