Biden now Surpasses Jimmy Carter as worst President ever in terms of handling Economy

[StevieRay]

The sheep sleep

 

[StevieRay]

interesting action being taken by Blackstone as they are not allowing investors to pull their money out of the Blackstone REIT for the FIFTH month in a row. They are allowing only $666 Million (yes, that is the real number) out of $4.5B requested to be withdrawn.

"Our structures are meant so that we are never forced to sell assets,” Blackstone’s global head of private wealth solutions Joan Solotar said.

Shareholders asked to redeem $4.5 billion last month from Blackstone Real Estate Income Trust “in a month of tremendous market volatility and broad-based financial stress,” the company said Monday in a letter. BREIT allowed about $666 million to be withdrawn, or about 15% of what was requested.

Very interaction and scary

 

[StevieRay]

ha ha, the Uniparty thinks they can threaten the world ...silly and btw the BRICS summit isn't until August so there won't be some weird BRICS currency created overnight.

Karine Jean-Pierre: “We are deeply concerned about the transition of Brazil and China to national currencies when conducting mutual settlements. This is a violation of the rights of our citizens who rely on a stable dollar exchange rate on the world market . America will not allow other countries to dictate their terms to it in mutual trade. We want to warn that the violation of the rights of ordinary Americans will not remain without consequences for these countries."

Lol. FJB

 

[StevieRay]

 

[rolltide]

and if we weren't facing enough crises there's a disaster heading toward us in the national trucking industry. with inventories at record highs there's less to transport and with all the new fleets that came in to hit that sweet post-covid surge tender reject rates are at an all-time low. That means nobody is turning down any load no matter the cost with some even accepting loads as low as $1.16-$1.20/mile which is half or even 1/3 what they've been used to. Now toss in the coming oil squeeze which will shoot up diesel prices and you've got a "Great Purge" coming to the trucking sector.

The freight market downturn is a year old. When will the market turn around?

It has been a year since I wrote “Why I believe a freight recession is imminent.”

www.freightwaves.com

 

[rolltide]

View attachment 63855

In an internal email last week to U.S. employees corporate office employees and some international staff, McDonald’s asked them to work from home from Monday through Wednesday so it can deliver staffing decisions virtually.

 

[Knightrofins]

We have 1 of these machines at our nearest McDonald’s.

was pretty easy to maneuver and got out faster than the drive through.

we all want more $$$ at our job. However if u suck at your job, u get no money as u will be replaced

 

[StevieRay]

Gas is up 50 cents in the past week, but don't let that stop the Biden White House from lying to you about the price of gas being great in America...

 

[rolltide]

March was the 8th consecutive month of decreasing ISM New Orders. None of the 6 largest manufacturing sectors have increased orders this year. Bad news is this is a major indicator of oncoming deep recession. Good news it also means lower costs of goods and decrease inflation is next.

ISM New Orders are at 2009 lows "Other indicators are similarly depressed, save for an uptick in inventory levels among manufacturers’ customers...(which is) additional source of downward pressure on industrial demand"
@FreightWaves

 

[rolltide]

today the Biden Administration did their revision project on unemployment numbers. remember The Fed, Wall Street, and companies base a lot of decisions on accurate info but this clownshow is completely out of control

the unemployment numbers, of course, were all lowballed when originally presented. The updated numbers?

4 weeks ago = up 38k
3 weeks ago = up 56k
2 weeks ago = up 48k

so yeah they just added nearly 150k to the unemployment claims number and made sure they never reported more than the magic 200k new claims in a week even though each of these revised week are at least 230k

this shit is sickening

 

[rolltide]

interesting action being taken by Blackstone as they are not allowing investors to pull their money out of the Blackstone REIT for the FIFTH month in a row. They are allowing only $666 Million (yes, that is the real number) out of $4.5B requested to be withdrawn.

"Our structures are meant so that we are never forced to sell assets,” Blackstone’s global head of private wealth solutions Joan Solotar said.

Shareholders asked to redeem $4.5 billion last month from Blackstone Real Estate Income Trust “in a month of tremendous market volatility and broad-based financial stress,” the company said Monday in a letter. BREIT allowed about $666 million to be withdrawn, or about 15% of what was requested.

good real on commercial real estate and its coming implosion

What Are Older Office Towers Worth When They Finally Sell amid Record Vacancy Rates? Not Much. Huge Losses Everywhere​

What Are Older Office Towers Worth When They Finally Sell amid Record Vacancy Rates? Not Much. Huge Losses Everywhere | Wolf Street

 

[StevieRay]

 

[StevieRay]

Senator Kennedy: “What scares me is that Biden has another year-and-a-half TO SUCK.”

 

[roadreeler57]

Apr. 15, 2023 4:15 pm
339 Comments

Inflation Bites: Americans Cut Back On Spending In Multiple Industries​

ProTrumpNews Staff

Apr. 15, 2023 3:45 pm

 

[StevieRay]

 

[StevieRay]

??????????

 

[roadreeler57]

Biden’s Nomination for Secretary of Labor Never Owned a Business and Lost $31 Billion in California in Fraudulent Unemployment Benefits​

Joe Hoft

Apr. 22, 2023 7:15 am

 

[StevieRay]

There have been only 2 times when the national debt exceeded the gross domestic product.

The first was World War II.

The second is right now under Joe Biden.

 

[roadreeler57]

The Man makes sense

Video

fb.watch

 

[StevieRay]