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They green new scam just a hit new low, the earth is warming and cooling at the same time, temp is perfect. Greta warned us the earth would be in trouble in 5 years, its been  6 years. 16 Nobel prize winning economist attack Trump economic policies saying he might push inflation up. Huge boomerang coming. The [DS] has no place to hide, as the darkness falls so does the enemy. Communication blackout, cyber attacks prepped are readied. Patriots know the playbook. ISIS brought in illegals and ICE cannot locate them. Chatter, trains, buses be vigilant. As the debates approach the [DS] prepares to show their audience the true Biden. Trump puts out video which refers to an X (twitter). Prepare yourself, the storm is coming.

 

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Economy

We’ve been accidentally cooling the planet — and it’s about to stop

It is widely accepted that humans have been heating up the planet for over a century by burning coal, oil and gas. Earth has already warmed by almost 1.2 degrees Celsius (2.2 degrees Fahrenheit) since preindustrial times, and the planet is poised to race past the hoped-for limit of 1.5 degrees Celsius of warming.

But fewer people know that burning fossil fuels doesn’t just cause global warming - it also causes global cooling. It is one of the great ironies of climate change that air pollution, which has killed tens of millions, has also curbed some of the worst effects of a warming planet.

Source: yahoo.com

So we have created global warming and cooling at the same time. Why did they have to change the narrative its because the earth is in cooling phase. So what they are saying warming and cooling at the same time means the temp is perfect.

https://twitter.com/BjornLomborg/status/1671488624712458240?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1671488624712458240%7Ctwgr%5E78660d07c8b6a91dad10a2f5b79df3f5e39832e0%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2024%2F06%2F6-years-since-greta-thunberg-warned-5-years%2F

US New Home Sales Crashed In May 

US new home sales were expected to dip 0.2% MoM in May... but they didn't...

New home sales crashed 11.3% MoM (after April's 4.7% drop was revised up to a 2.0% MoM rise). That is the biggest MoM drop since Sept 2022...

Source: Bloomberg

This is the biggest YoY drop since Feb 2023, taking the SAAR down to the same level as it was in 2016...

Source: Bloomberg

Median new home price fell 0.9% YoY to $417,400 - lowest since April 2023 - (with the average selling price at $520,000) with a big downward revision for April from $433k to $417k!...

Source: Bloomberg

For the first time since June 2021, median existing home prices are above median new home prices...

Source: Bloomberg

As BofA warned yesterday:

"The US housing market is stuck, and we are not convinced it will become unstuck anytime soon.

Source: zerohedge.com

https://twitter.com/KobeissiLetter/status/1805956917342134766

 4 consecutive months, to their lowest level in 12 months. Elevated interest rates have been the primary driver of this recent trend. In the Midwest alone, home construction has decreased by 19% year-over-year. Is the housing market is beginning to stall?

11 Signs That the U.S. Economy Is in Far Worse Shape Than Most People Think

#1 Just like in 2008, delinquencies are on the rise.  In fact, credit card delinquencies have now reached the highest level that we have seen in more than 10 years…