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China is in a debt bubble, buckle up its going to get bumpy. Mortgage applications are dropping. People cannot afford homes. Janet Yellen says cost of living has always been high, the question is why? Three things happened in the past that brought us into a recession and its happening now. The [DS] is panicking over [KH], they know she is weak and she will not be able to beat Trump. [BO] says they have time are they getting ready to have [KH] become the Acting Resident to get a bump. Will they swap [KH] at the last minute, Trump says since the interview was edited she should be removed from the campaign. Trump lets everyone know who the enemy from within is.
Economy
China is in a debt bubble:
China’s debt-to-GDP ratio hit a jaw-dropping 366% in Q1 2024, a new all-time high.
Since the 2008 Financial Crisis, the ratio has DOUBLED.
To put this differently, for 1 unit of GDP, the Chinese economy has produced 3.66 units of debt burden.… pic.twitter.com/loYhfxa19W
— The Kobeissi Letter (@KobeissiLetter) October 17, 2024
JUST IN: US mortgage applications have dropped by 17.0% over the last week, the most since April 2020.
At the same time, the refinancing index fell by 26.3%, posting the biggest decline since March 2020.
This comes after mortgage rates have increased for the third straight… pic.twitter.com/rmsVUK83cZ
— The Kobeissi Letter (@KobeissiLetter) October 17, 2024
Los Angeles Has The Highest Home Price-To-Income Ratio In The US
Rank | City | State | Price-to-income | Median home price | Median household income |
---|---|---|---|---|---|
1 | Los Angeles | CA | 12.5 | $953,501 | $76,135 |
2 | San Jose | CA | 10.5 | $1,406,957 | $133,835 |
3 | Long Beach | CA | 10.3 | $825,502 | $80,493 |
4 | San Diego | CA | 9.9 | $994,023 | $100,010 |
5 | New York | NY | 9.8 | $732,594 | $74,694 |
6 | Miami | FL | 9.2 | $558,873 | $60,989 |
7 | San Francisco | CA | 9 | $1,236,502 | $136,692 |
8 | Oakland | CA | 8.4 | $780,188 | $93,146 |
9 | Boston | MA | 8.3 | $718,233 | $86,331 |
10 | Seattle | WA | 7.3 | $847,419 | $115,409 |
11 | Portland | OR | 6.5 | $524,870 | $81,119 |
12 | Denver | CO | 6.4 | $563,372 | $88,213 |
13 | Tucson | AZ | 6.4 | $327,123 | $51,281 |
14 | Washington | DC | 6 | $610,180 | $101,027 |
15 | Austin | TX | 6 | $533,719 | $89,415 |
16 | Nashville | TN | 6 | $432,592 | $71,767 |
17 | Aurora | CO | 5.9 | $483,228 | $81,395 |
18 | Sacramento | CA | 5.9 | $472,412 | $80,254 |
19 | Las Vegas | NV | 5.9 | $407,969 | $68,905 |
20 | Raleigh | NC | 5.8 | $434,407 | $75,424 |
21 | Fresno | CA | 5.8 | $370,798 | $64,196 |
22 | Colorado Springs | CO | 5.7 | $449,123 | $78,568 |
23 | Phoenix | AZ | 5.6 | $422,001 | $75,969 |
24 | Mesa | AZ | 5.5 | $434,369 | $79,496 |
25 | Charlotte | NC | 5.3 | $391,750 | $74,401 |
26 | Bakersfield | CA | 5.3 | $380,862 | $72,017 |
27 | Tampa | FL | 5.3 | $375,241 | $71,089 |
28 | Albuquerque | NM | 5 | $321,411 | $64,757 |
29 | Virginia Beach | VA | 4.7 | $391,244 | $83,245 |
30 | Atlanta | GA | 4.7 | $390,373 | $83,251 |
31 | Dallas | TX | 4.7 | $307,990 | $65,400 |
32 | New Orleans | LA | 4.6 | $241,369 | $52,322 |
33 | Arlington | TX | 4.5 | $315,222 | $70,433 |
34 | Houston | TX | 4.4 | $264,626 | $60,426 |
35 | San Antonio | TX | 4.3 | $253,762 | $58,829 |
36 | Minneapolis | MN | 4.2 | $312,872 | $74,473 |
37 | Fort Worth | TX | 4.2 | $302,359 | $71,527 |
38 | Jacksonville | FL | 4.2 | $294,450 | $69,309 |
39 | El Paso | TX | 4.1 | $216,673 | $52,645 |
40 | Chicago | IL | 4 | $284,818 | $70,386 |
41 | Omaha | NE | 4 | $272,286 | $67,450 |
42 | Columbus | OH | 3.9 | $238,286 | $61,727 |
43 | Milwaukee | WI | 3.9 | $191,149 | $49,270 |
44 | Philadelphia | PA | 3.8 | $215,593 | $56,517 |
45 | Louisville | KY | 3.7 | $233,464 | $63,049 |
46 | Kansas City | MO | 3.7 | $230,526 | $62,175 |
47 | Indianapolis | IN | 3.6 | $218,591 | $61,501 |
48 | Tulsa | OK | 3.6 | $194,784 | $54,040 |
49 | Baltimore | MD | 3.2 | $177,786 | $55,198 |
50 | Oklahoma City | OK | 3.1 | $198,826 | $63,713 |
51 | Wichita | KS | 3.1 | $186,528 | $59,277 |
52 | Memphis | TN | 2.9 | $144,347 | $50,622 |
53 | Cleveland | OH | 2.7 | $100,734 | $37,351 |
54 | Detroit | MI | 1.9 | $68,379 | $36,453 |
Source: zerohedge.com
Source: breitbart.com
No Fed Rate Cut in November: Is it on the Table After Strong US Data?
Source: forex.com
CAUTION: Job openings have been falling off a cliff
Such sharp declines have only occurred 3 times since 2000:
– Dot Com bubble
– Financial Crisis
– PandemicEach of them ended with a sharp economic downturn
The worst part: This is happening when the consumer has already run… pic.twitter.com/zD0lq2rESG
— Bravos Research (@bravosresearch) October 17, 2024
Political/Rights
Source: nypost.com
NEW: Washington Post columnist Catherine Rampell gets triggered after CNN's Scott Jennings and Shark Tank's Kevin O'Leary shred her over the economy.
Rampell said illegals can't be deported because they need to pick crops.
Rampell: "He's gonna deport 20 million people! The… pic.twitter.com/Iel1T1ad8v
— Collin Rugg (@CollinRugg) October 17, 2024
How is this not National News?
From James O’Keefe ‘A line in the sand’
Undercover pretending to seek asylum walks into New York Roosevelt Hotel
– No documentation or ID
– Immediately gets offered free room and a free tax payer funded flight anywhere in America
– Given an ID… pic.twitter.com/8eb7kovBJX— Wall Street Apes (@WallStreetApes) October 17, 2024
Source: breitbart.com
•in Domestic OPERATIONS
•military’s role PARTICULARLY IN ASSISTING civil law enforcement
•defense INTELLIGENCE may assist a FEDERAL law enforcement Agency WHEN LIVES ARE IN DANGER
•for CIVIL DISTURBANCES
•requires PRESIDENTIAL AUTHORIZATION
•SUPPORT to CIVILIAN LAW ENFORCEMENT in situations where a CONFRONTATION b/w civilian law enforcement & CIVILIAN INDIVIDUALS or GROUPS is anticipated
•under circumstances expressly authorized by the CONSTITUTION or ACT OF CONGRESS
Geopolitical/Police State
BREAKING: Second Round of Meta Engineers Reveal Censorship Practices: “Pro-Trump” Posts “Go Just Up to Another Team to Take It Down"
“Usually the disinformation we saw was pro-Trump… We'll investigate, and then it goes just up to another team to take it [the post] down,”… pic.twitter.com/EJ6DnXjkFk
— James O'Keefe (@JamesOKeefeIII) October 17, 2024
Source: breitbart.com
War
Xi Jinping Appears on Taiwan-Facing Island After Menacing Chinese War GamesSource: breitbart.com
Hamas Vows To Intensify Gaza Fight After ‘Fallen Martyr’ Sinwar’s Killing, As Biden Urges Ceasefire
source: zerohedge.com
Source: bbc.com
Cyber Attacks
False Flags
Q
Source: theconservativetreehouse.com
Kamala has reached angry, shrill Hillary status… #JOY pic.twitter.com/Fev7BK3gD0
— LEAHmemes (@itsreallyleah) October 18, 2024
This Lip reader is good pic.twitter.com/hW1315Zjn4
— Karli Bonne’ 🇺🇸 (@KarluskaP) October 17, 2024
What do you think of this strategy as a Hail Mary by the Democrats to win?
Joe resigns, Kamala is sworn in as the first female President.
The theory is the Democrats will use that to dominate the news with this historic event. pic.twitter.com/JiaLTzHW3f
— Wall Street Silver (@WallStreetSilv) October 18, 2024
Trump overcharged Secret Service agents to stay at his D.C. hotel, new Democratic report says
Source: nbcnews.com
Source: dailymail.co.uk
Source: abcnews.com
BREAKING: Judge unseals court records, evidence in 2020 election interference case against Trump.
A lot of what was released has already been made public.
There was data which came from Twitter which they claim authenticates his tweets were, in fact, his tweets. 🫠
There was some information about how funding for the J6 rally developed. That information, again, is not entirely new. You’re able to see what organizations were involved with the rally and how much it cost in total.
Jan 19 2018 17:50:33 (EST)
Anonymous ID: 6ac131 No.97752
Jan 19 2018 17:49:17 (EST)137F7BD8-BF28-40B0-ACDE-B….jpeg
He has to use the bathroom prior to leaving.
Q
Maxim endorses Donald J. Trump for President. @realDonaldTrump pic.twitter.com/GZFfE0cElC
— Maxim (@MaximMag) October 17, 2024
.@Polymarket – Presidential Election Winner
🟥 Donald Trump: 62% (new high)
🟦 Kamala Harris: 38%Sept. 19 odds – 🔵 Harris 52-47%
——
Swing States (chance of winning)Pennsylvania – 🔴 Trump 59-41%
Michigan – 🔴 Trump 56-44%
Wisconsin – 🔴 Trump 56-44%
Arizona – 🔴 Trump… https://t.co/4ZJaKnZhlO pic.twitter.com/rXde9Cqm4w— InteractivePolls (@IAPolls2022) October 17, 2024
Sunlight is the best disinfectant https://t.co/av3GRdk3bB
— Elon Musk (@elonmusk) October 17, 2024
WASHINGTON — “The RNC and Maine GOP immediately responded to reports of non-citizens interfering in Maine's elections. We are demanding answers from Democrat Secretary of State Shenna Bellows and removal of non-citizens from the voter rolls.” pic.twitter.com/rFPREcg1V1
— Election Wizard (@ElectionWiz) October 18, 2024
JUST IN: RNC Files Lawsuit Against Detroit For Deleting Ballot Box Surveillance Footage
🚨🚨🚨This happened in Whitfield County in my district – GA-14.
We vote on Dominion voting machines then it prints a paper ballot with our selections made on the machines.
This voter’s printed ballot had been changed from their selections made on the machine.
Good thing they… pic.twitter.com/S3AhmkTCxc
— Marjorie Taylor Greene 🇺🇸 (@mtgreenee) October 18, 2024
Here is CNN telling you they’re going to use insecure UOCAVA votes to get Harris “over the finish line.”
CNN: Trump will look like he’s ahead until “those ballots are added into the results.”
How do they get “those ballots”? By EMAIL with no citizenship check or verification pic.twitter.com/QiDCR77oPB
— Liz Harrington (@realLizUSA) October 17, 2024
President Trump clarifies who he’s talking about with his ‘Enemy from Within’ comment, and singles out just one person:
ADAM SCHIFF.
The pencil neck traitor must be squirming this morning! 😁@PlanetTyrus @Outkick pic.twitter.com/mOamUvDOA4
— Patri0tsareinContr0l (@Patri0tContr0l) October 18, 2024
TAKE A LISTEN
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