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Thread: Do You? Will you? Rely on Social Security during Retirement?

  1. #71
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    Build Back Better?


    or Build Back Broke?


    But some think the election is about abortion??


    While CPI inflation is at 3.5%, inflation is much higher in many basic necessities:
    1. Car Insurance Inflation: 22.2%
    2. Transportation Inflation: 10.7%
    3. Car Repair Inflation: 8.2%
    4. Hospital Services Inflation: 7.5%
    5. Homeowner Inflation: 5.9%
    6. Rent Inflation: 5.7%
    7. Electricity Inflation: 5.0%
    8. Food Away From Home Inflation: 4.2%

    Both Core CPI and headline CPI came in hotter than expectations.
    This is FOURTH straight month with both readings being hotter than expected.
    We now have all major inflation metrics back on the rise and oil prices are nearly $90.
    Affordability is still getting worse.



    (20) The Kobeissi Letter on X: "While CPI inflation is at 3.5%, inflation is much higher in many basic necessities: 1. Car Insurance Inflation: 22.2% 2. Transportation Inflation: 10.7% 3. Car Repair Inflation: 8.2% 4. Hospital Services Inflation: 7.5% 5. Homeowner Inflation: 5.9% 6. Rent Inflation: 5.7% 7.…" / X (twitter.com)

  2. #72
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    Quote Originally Posted by What'sThat? View Post
    Man.....if you are not concerned.......check your pulse


    If you are not prepping.......might be a good time to start


    Who will buy $1 trillion in debt every 100 days?The most recent Treasury auction was a huge failure. Horrible numbers.


    There is perhaps a limit to how much US govt debt the market really wants.

    If the govt can't control spending, rates have to go higher to attract investors.



    see the chart: (20) Wall Street Silver on X: "Who will buy $1 trillion in debt every 100 days? The most recent Treasury auction was a huge failure. Horrible numbers. There is perhaps a limit to how much US govt debt the market really wants. If the govt can't control spending, rates have to go higher to attract investors. https://t.co/muY5jy3ikR" / X (twitter.com)



    We’re getting close to the main event. The collapse of US empire.

    Big unloading of US debt around the world. US Govt bonds are now a toxic asset.

    Gold up 30% in 6 months. Money printing is all they have left.

    The Ponzi scheme is over. Expect soaring inflation and a massive crash.











    (20) Kim Dotcom on X: "We’re getting close to the main event. The collapse of US empire. Big unloading of US debt around the world. US Govt bonds are now a toxic asset. Gold up 30% in 6 months. Money printing is all they have left. The Ponzi scheme is over. Expect soaring inflation and a massive crash." / X (twitter.com)
    If our currency is not secure.....think Social Security is?

  3. #73
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    Its earnings reporting time for banks.


    Hold on to your butts........


    Not off to a good start with JP Morgan


    Dow futures drop 300 points as JPMorgan shares fall

    Stock market today: Live updates (cnbc.com)

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