‘Finances are getting tighter’: US car repossessions surge as more Americans default on auto loans
https://www.theguardian.com/business/2025/oct/17/us-car-repossessions-economy?CMP=Share_iOSApp_Other
https://redd.it/1o969so
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https://www.theguardian.com/business/2025/oct/17/us-car-repossessions-economy?CMP=Share_iOSApp_Other
https://redd.it/1o969so
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the Guardian
‘Finances are getting tighter’: US car repossessions surge as more Americans default on auto loans
Wall Street sounds alarm over strain throughout car lending market as experts warn of potential risks for wider economy
Trump tariffs to cost companies $1.2 trillion, mostly hitting consumers
https://www.axios.com/2025/10/16/trump-tariffs-cost-china
https://redd.it/1o9i6n3
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https://www.axios.com/2025/10/16/trump-tariffs-cost-china
https://redd.it/1o9i6n3
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Axios
Trump tariffs to cost companies $1.2 trillion this year, mostly hitting consumers, study finds
S&P Global said its estimate of additional expenses for companies is likely conservative.
China’s $4.5 Trillion Flows Mark Tipping Point in Market Opening
https://www.bloomberg.com/news/articles/2025-09-10/china-s-4-5-trillion-flows-mark-tipping-point-in-market-opening
https://redd.it/1o9u93k
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https://www.bloomberg.com/news/articles/2025-09-10/china-s-4-5-trillion-flows-mark-tipping-point-in-market-opening
https://redd.it/1o9u93k
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Bloomberg.com
China’s $4.5 Trillion Flows Mark Tipping Point in Market Opening
“Made in China” labels have come to dominate global goods trade — much to the chagrin of US President Donald Trump — even as the nation’s financial markets remained walled off from the world.
Everyone, including the US, is living in delusional debt bubbles. The tsunami of Inflation is just around the corner.
https://redd.it/1o9visn
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https://redd.it/1o9visn
@r_econ
S&P cuts France’s credit rating as it forecasts higher debt pile
https://www.ft.com/content/1fe41c81-ac0c-4bc2-b760-4d9a3bb15895
https://redd.it/1o9x7gf
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https://www.ft.com/content/1fe41c81-ac0c-4bc2-b760-4d9a3bb15895
https://redd.it/1o9x7gf
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Ft
S&P cuts France’s credit rating as it forecasts higher debt pile
French sovereign downgrade is the third in recent weeks and heaps pressure on Sébastien Lecornu’s budget plans
This was the most popular car in America in 1970. It cost $3200. And that was three months of salaries of the average American worker. Compare that to the situation now.
https://redd.it/1o9xqg5
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https://redd.it/1o9xqg5
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The U.S. Is Tiptoeing Away From Many of Trump’s Signature Tariffs
https://www.wsj.com/politics/policy/trump-tariffs-reciprocal-exemptions-e36f1216
https://redd.it/1oa1bd0
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https://www.wsj.com/politics/policy/trump-tariffs-reciprocal-exemptions-e36f1216
https://redd.it/1oa1bd0
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The Wall Street Journal
The U.S. Is Tiptoeing Away From Many of Trump’s Signature Tariffs
The administration is considering lifting duties on some products not produced in the U.S.
Jerome Powell Is Spearheading Rate Cuts: Based on What History Tells Us, Investors Should Buckle Up for a Bumpy Ride
https://www.yahoo.com/finance/news/jerome-powell-spearheading-rate-cuts-070600545.html
https://redd.it/1o9wujc
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https://www.yahoo.com/finance/news/jerome-powell-spearheading-rate-cuts-070600545.html
https://redd.it/1o9wujc
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Yahoo Finance
Jerome Powell Is Spearheading Rate Cuts: Based on What History Tells Us, Investors Should Buckle Up for a Bumpy Ride
There's an exceptionally strong correlation between Federal Reserve rate-easing cycles and bear markets for the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average.
U.S. runs another huge budget deficit in 2025 — and the national debt hits another record
https://www.marketwatch.com/story/u-s-runs-another-huge-budget-deficit-in-2025-and-the-national-debt-hits-another-record-58ac8785
https://redd.it/1oa1zso
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https://www.marketwatch.com/story/u-s-runs-another-huge-budget-deficit-in-2025-and-the-national-debt-hits-another-record-58ac8785
https://redd.it/1oa1zso
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MarketWatch
U.S. runs another huge budget deficit in 2025 — and the national debt hits another record
The U.S. government ran a slightly smaller budget shortfall in the most recent year thanks to higher tariff revenue — but the national debt still rose to another record high, and shows no sign of slowing.
US debt will hit $38 trillion in a day or two. It’s up $1.7 trillion since July when debt ceiling was lifted.
https://redd.it/1oa34r8
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https://redd.it/1oa34r8
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Bessent, Chinese vice premier to meet to try to defuse escalation of U.S. tariffs
https://www.cnbc.com/2025/10/18/bessent-chinese-vice-premier-to-meet-to-try-to-defuse-us-tariff-hike-.html
https://redd.it/1oa5fl7
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https://www.cnbc.com/2025/10/18/bessent-chinese-vice-premier-to-meet-to-try-to-defuse-us-tariff-hike-.html
https://redd.it/1oa5fl7
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CNBC
Bessent, Chinese vice premier to meet to try to defuse escalation of U.S. tariffs
The two officials are set to meet in a bid to to forestall an escalation of U.S. tariffs on Chinese goods that President Donald Trump said was unsustainable.
Trump administration gives initial approval to bank backed by GOP megadonors: Sen. Elizabeth Warren says the approval of Erebor Bank, which is linked to Peter Thiel and Palmer Luckey, is a classic example of crony capitalism
https://www.msnbc.com/top-stories/latest/erebor-bank-thiel-luckey-warren-trump-rcna238074
https://redd.it/1oa97vf
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https://www.msnbc.com/top-stories/latest/erebor-bank-thiel-luckey-warren-trump-rcna238074
https://redd.it/1oa97vf
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MSNBC
Trump administration gives initial approval to bank backed by GOP megadonors
Sen. Elizabeth Warren says the approval of Erebor Bank, which is linked to Peter Thiel and Palmer Luckey, is a classic example of crony capitalism.
Trump promised farmers a bailout. Time is running out.
https://www.politico.com/news/2025/10/16/trump-promised-farmers-help-its-complicated-00610757
https://redd.it/1oab9p7
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https://www.politico.com/news/2025/10/16/trump-promised-farmers-help-its-complicated-00610757
https://redd.it/1oab9p7
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POLITICO
Trump promised farmers help. It’s complicated.
The White House blames Democrats and the government shutdown for the delay of their multi-billion-dollar bailout, but that’s just one of many problems the administration faces.
As New Car Prices Top $50,000, and a 'K-Shaped' US Economy Forms, How Will Consumers Respond? - RetailWire
https://retailwire.com/discussion/new-car-prices-k-shaped-economy-consumers/
https://redd.it/1oae3sc
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https://retailwire.com/discussion/new-car-prices-k-shaped-economy-consumers/
https://redd.it/1oae3sc
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RetailWire
As New Car Prices Top $50,000, and a 'K-Shaped' US Economy Forms, How Will Consumers Respond? - RetailWire
The average new car price topped $50,000 in the U.S. for the first time ever. Alongside a growing K-shaped economy, how will consumers react?
Jensen says Nvidia’s China AI GPU market share has plummeted from 95% to zero — the Chinese market previously amounted to 20% to 25% of the chipmaker's data center revenue
https://www.tomshardware.com/tech-industry/jensen-huang-says-nvidia-china-market-share-has-fallen-to-zero
https://redd.it/1oah7xj
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https://www.tomshardware.com/tech-industry/jensen-huang-says-nvidia-china-market-share-has-fallen-to-zero
https://redd.it/1oah7xj
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Tom's Hardware
Jensen says Nvidia’s China AI GPU market share has plummeted from 95% to zero — the Chinese market previously amounted to 20% to…
Speaking at a Citadel Securities event on October 6, the Nvidia CEO blamed U.S. export controls and said the company now assumes no revenue from China in its forecasts.
Will The US Crash The Global Economy? Is Crypto The Last Option To Clear Debt?
https://newzsquare.com/will-the-us-crash-the-global-economy/
https://redd.it/1oajqyw
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https://newzsquare.com/will-the-us-crash-the-global-economy/
https://redd.it/1oajqyw
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