u/TonyLiberty

The number of grown adults who think they're getting a $5,000 midterm check is mind-blowing

You can’t afford a home because homes stopped being homes and became investments for people who already own one

President Trump is now responsible for 29% of our national debt.

That's more than any President in American history.

What happened to DOGE?

They don't leave Congress because the grift is too good.

The average American is 39. The average member of Congress is 59. 24 members are 80 or older.

Chuck Grassley: 92
Eleanor Holmes Norton: 89
Hal Rogers: 88
Maxine Waters: 88
Steny Hoyer: 87
Nancy Pelosi: 86
Jim Clyburn: 86
Mitch McConnell: 84
John Carter: 84
Jim Risch: 83
Virginia Foxx: 83
Angus King: 82

No age limit. No term limit. No exit.

Unpopular opinion: Having a paid off car makes you never want to sign another car loan ever again.

JPMorgan warns a global food supply shock could hit within the next year.

NOAA says there’s a greater than 90% chance this El Niño will be “very strong” through fall and winter.

For October through December, that chance rises to 95%.

There’s also a 69% chance it becomes historic. Stronger than every El Niño measured since 1950.

This is the next supply shock.

El Niño is a warming of Pacific waters that shifts weather worldwide. It raises drought risk across parts of Asia and Australia, flood risk across parts of the Americas, and can disrupt crops, hydropower and shipping.

All at once.

The last El Niño pushed Panama into its third-driest year on record.

Now the same risk is back. The Panama Canal is preparing to cut daily ship traffic again.

The canal moves 5% of world trade. More than 70% of its cargo starts or ends in the US.

Meanwhile, traffic through the Strait of Hormuz remains severely disrupted and far below normal.

COVID showed what happens when supply shocks hit a system with no room to absorb them.

Three years of higher prices.

The next inflation shock is already forming.

July’s PCE inflation is now 3.7%. Above expectations.

Core PCE is now 3.3%. The Fed’s target is 2%. Core inflation has stayed above 2% for over 5 years now.

And 3 Fed officials already voted to HIKE rates in July. These numbers just gave them more reasons to.

The Fed is more likely to raise rates than cut them in 2026.

Canada just put 15% to 50% tariffs on $20 billion worth of US products.

The US raises tariffs. Americans pay more.

Canada retaliates. Then American businesses lose sales.

Then the US raises tariffs again. And Americans pay even more.

Over $100 billion in tariff refunds has been paid out so far.

The government sent $0 to US consumers. Companies got the refunds.

It’s like taking money from your own citizens, then handing it to corporations.

Thank you for your attention to this matter.

If your parents made $50K in the 90s, you need to make $130K in 2026 to have the same buying power.

$130K is the new $50K

Let that sink in

President Trump made 1,051 trades in June, valued between $78.1 million and $263.1 million.

That’s a thousand trades in one month

50 trades per day

This is a professional trading operation lol

Weekly thread for:

• Suggestions to improve this sub,
• Report scammers/ users or
• Other general ideas/ suggestions

U.S. homebuyer demand fell to its lowest level on record.

There are now 500,000 more home sellers than buyers in America.

967,000 buyers were in the market in July, compared with 1.46 million sellers.

Nearly 80% of major U.S. metros are now buyer’s markets.

Plenty of homes are for sale. Millions of Americans just can’t afford them.

1 in 3 workers now have more credit card debt than retirement savings.

Meanwhile, U.S. credit card debt has climbed to $1.26 trillion, near its record high.

That’s up 60% in just 5 years.

Credit cards: $1.263 trillion, up $21 billion.
Auto loans: $1.71 trillion, up $28 billion.

And 12.92% of credit card balances are now 90+ days delinquent.

Berkshire Hathaway is now buying stocks again for the first time in over 3 years.

It bought $23.5 billion of stocks in Q2 and sold $3.7 billion. That’s $20 billion in net purchases.

Berkshire spent years building a massive cash pile. Now it’s putting that money to work.

You know what it means when Berkshire Hathaway starts buying stocks again, right?

Weekly thread for:

• Suggestions to improve this sub,
• Report scammers/ users or
• Other general ideas/ suggestions