United States
Joined February 2019
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Kolin DeShazo retweeted
Celebrating using stickman lights
xitter.gq/froggyups/status/17442…
Kolin DeShazo retweeted
What happens when the U.S. Treasury holds a bond auction and not enough buyers show up to cover the sale? We're about to find out.
Kolin DeShazo retweeted
This is what our solar system looks like while moving in the space! xitter.gq/ScienceGuys_/status/17…
Kolin DeShazo retweeted
JUST IN: Total credit card debt in the US rises by $48 billion in Q3 2023, to a record $1.08 trillion.
This means that total credit card debt is now up $400 billion since 2013 and $300 billion since 2020.
Meanwhile, interest rates are credit card debt are at a fresh record of 25%.
The average consumer is now spending $1,600/month on their credit card.
People continue to "fight" inflation with credit card debt.
How long can this last?
Kolin DeShazo retweeted
The future is going to be WILD 🤯 xitter.gq/MasayukiTsuda2/status/…
Kolin DeShazo retweeted
I'm seeing more people expose their anti-semitism under the guise of caring for Palestinians. It's possible to reject war/bombing without being an anti-semite but not for many, apparently.
Kolin DeShazo retweeted
BREAKING: Russia's defense minister says the country has tested its ability to deliver a 'massive retaliatory nuclear strike'
Kolin DeShazo retweeted
You can’t print an unIimited amount of money, drive your national debt to the moon, and not expect people to seek alternative stores of value.
RT @PokerNews: Condolences to the Brunson family. Five months following the passing of Doyle Brunson, Doyle's wife Louise has passed away.…
Kolin DeShazo retweeted
Coach Sullivan on Zohorna: "He is deserving of this opportunity. We think he's a guy that can fit into our lineup and help us. He's got a pretty solid two-way game. He can play the wing or center. We can use him on the power play... We were thrilled to get him back this year."
JUST IN: A bank run has begun in China at the Bank of Cangzhou on fears that the collapse of Evergrande made them insolvent.
Just a couple months ago, China's largest property developer, Evergrande, filed Chapter 15 bankruptcy.
All as China's HY real estate index is down ~85% from its high.
Housing alone accounts for 25% of China's entire GDP.
China seems to be heading for a recession.
Kolin DeShazo retweeted
In 2023 so far, we have seen a total of 516 corporate bankruptcies.
This is roughly double the YTD total in 2022 and ~39% more than the entire 2022 count.
We are seeing the exact same level of bankruptcies in 2023 as 2020, when the global economy was shut down.
Aside from 2020, we now have the highest YTD total bankruptcy count since 2010.
All as interest rates are likely to remain elevated for the entirety of 2024.
Is a recession really avoidable?
