Author: bitcointalk

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What’s Behind The Record Divergence Between GDP and GDI, And Why Tomorrow The US Economy Will Be Revised Sharply Lower | ZeroHedge

Tomorrow morning years of politically-motivated upward drift in US economic "data" will get their come to Jesus moment of gravitational reacquaintance: at 8:30am ET on Thursday, alongside the final Q2 GDP print (expected unchanged at 2.2%) the BEA will also publish its once-every-five-years revision of GDP from Q1 2005 to Q1 2023, which according to Morgan Stanley will lead to a sharp downward revision, of as much as 80bps from Q2 GDP, and could potentially even indicate economic (more…)

Continue ReadingWhat’s Behind The Record Divergence Between GDP and GDI, And Why Tomorrow The US Economy Will Be Revised Sharply Lower | ZeroHedge

More Politicians Are Leaving The Democratic Party | ZeroHedge

Authored by Catherine Yang via The Epoch Times (emphasis ours),

When Dallas Mayor Eric Johnson announced his switch from Democrat to Republican in a Wall Street Journal op-ed, he wrote he had "no intention of changing my approach to my job" but that American cities needed the fiscal conservatism and law enforcement that Republicans push for.

Dallas Mayor Eric Johnson in a file photo. (Carolyn Caster/Pool/AFP via Getty Images)

And he's not alone. This year has (more…)

Continue ReadingMore Politicians Are Leaving The Democratic Party | ZeroHedge

Watch Live: DeSantis’ Last Stand In Second GOP Primary Debate (Ex-Trump) | ZeroHedge

Ding, Ding, Round Two!

But once again, there's no real contender as former President Trump heads to Detroit, skipping the second Republican presidential nominee debate tonight at the Ronald Reagan Presidential Library in Simi Valley, California.

You can't really blame him, given his position in the polls is still dominant, but one thing is for sure, tonight is make-or-break for any hopefuls…

Everyone from debate No. 1 qualified for debate No. 2 except former Arkansas Gov. Asa Hutchinson.

Those who tuned into the first debate may have noticed some (more…)

Continue ReadingWatch Live: DeSantis’ Last Stand In Second GOP Primary Debate (Ex-Trump) | ZeroHedge