“One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.”
— Thomas Sowell
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— Thomas Sowell
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JUST IN: Russian President Putin's approval rating is 86%, according Western polling agency Statista.
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TOTAL CRYPTO MCAP IS CONSOLIDATING ABOVE THE 2024 PREVIOUS HIGH
$5 TRILLION MARKET IS NEXT
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$5 TRILLION MARKET IS NEXT
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#Russia. Wheel on motorway. There was a man on the side of the road who got hit by a tire in the end. There is no information about his condition.
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High-income Americans are increasingly falling behind on debt payments:
Delinquencies on credit card and auto loan debts from Americans making at least $150,000/year have jumped +18% over the last 2 years.
This is nearly double the rate for the $45,000-$150,000 income group.
At the same time, low-income borrowers have seen increases of +8.1% in auto loan delinquencies and +2.5% in credit card delinquencies.
Meanwhile, the share of Americans making late credit card payments in the highest-income zip codes has surged TWICE as much as in the lowest-income zip codes over the last year, according to the St. Louis Fed.
High rates are clashing with a weak labor market.
US consumers are under pressure.
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Delinquencies on credit card and auto loan debts from Americans making at least $150,000/year have jumped +18% over the last 2 years.
This is nearly double the rate for the $45,000-$150,000 income group.
At the same time, low-income borrowers have seen increases of +8.1% in auto loan delinquencies and +2.5% in credit card delinquencies.
Meanwhile, the share of Americans making late credit card payments in the highest-income zip codes has surged TWICE as much as in the lowest-income zip codes over the last year, according to the St. Louis Fed.
High rates are clashing with a weak labor market.
US consumers are under pressure.
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JUST IN - FBI Director Patel finds thousands of Trump–Russia probe docs inside "burn bags" in a secret room at the FBI.
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58% of Americans disapprove of Trump’s handling of the Epstein files, according to a Washington Post poll.
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This is Cincinnati City Councilor Victoria Parks, who wrote the 3 White elderly people attacked at their jazz festival “begged for it”. Here she is advocating for free housing, food and DEI jobs.
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