Situational Unawareness: Banks Ran Out Of Room To Lever Up The AI Trade, So They Made More

California has been seen as the nation’s “Promised Land” for many years, but in the past 25 years, people have left due to high housing costs and high taxes. The state’s future is about to become a lot worse, as socialists are rising in power here.

Millions Of Americans Are Giving Up On Buying New Cars A growing number of Americans can no longer afford to buy new vehicles. Since 2020, roughly one million potential buyers have exited the market, and industry forecasts suggest they are unlikely to return soon, according to Wall Street Journal.  Although automakers initially expected sales to recover to pre-pandemic levels, persistent economic pressures have kept demand below earlier expectations. Before COVID-19, U.S. new-vehicle sales typically reached around 17 million units annually. Today, most forecasts place demand closer to 16 million vehicles or less,...

Bloomberg: “It is arguably Iran that has secured the most significant strategic victory … There is every sign that Tehran’s ability to control the Strait is increasing” The defeats which the West keeps on having “[are] above all … intellectual.” And “not being able to understand what they are seeing – means that it’s impossible […]