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Click On Picture To See Larger PictureThe green new scam is done, the companies the [DS] pushed are now going bankrupt. The market downturn was the first alarm bell to wake the people up. The [KH] will continue to push how great the economy is and the Fed will cut. People are watching the market and the economy. The [DS] has now made their move, they chose the worst white male candidate they could possibly choose. Was this done to win or did they do it because they knew the people would want something better. Lets see what happens. The [DS] knows they cannot win, they are having a problem with their cheating system. They are trapped, so all they have left is chaos & war.

 

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Economy

Major Solar Company Files For Bankruptcy After California Strips Subsidies

SunPower, a major rooftop solar company, filed for Chapter 11 bankruptcy on Monday, the company announced.

SunPower filed for bankruptcy in Delaware after a string of corporate struggles, changes to California’s rooftop solar subsidy programs and high interest rates weighed down its business, according to Bloomberg News. Before it unraveled, SunPower was among the leading solar companies in the U.S.

In 2023, state policymakers changed California’s rooftop solar subsidy programs and weakened the incentive for companies to push rooftop solar by reducing payments to homeowners who sell back excess power the panels generate, according to CalMatters. Those changes negatively affected SunPower’s business, culminating in its bankruptcy filing, according to Bloomberg.

Source: dailycaller.com

https://twitter.com/KobeissiLetter/status/1820566410663481675

  affordability is near record lows

5. Mortgage demand is at its lowest levels in 30 years

6. The US Dollar has lost 25% of its purchasing power in 4 years

This is not a "soft landing."

https://twitter.com/KobeissiLetter/status/1820795297418694817

 rates were reduced 92 times. By comparison, during the peak of the Financial Crisis in 2009, global central banks implemented 76 cuts. World central banks are cutting as if a global recession is starting.

https://twitter.com/KobeissiLetter/status/1820819551367664018

https://twitter.com/GRDecter/status/1820564810033213692

https://twitter.com/GRDecter/status/1820856443018326222

  cuts 13%

- Indeed cuts 8%

- Peloton cuts 15%

- Tesla cuts 10%

- Pixar cuts 14%

- Discord cuts 17%

- Lucid cuts 6%

- UKG cuts 14%

- Match Group cuts 6%

- Brex cuts 20%

- Wayfair cuts 13%

- Riot Games cuts 11%

- Duolingo cuts 10%

- Rent the Runway cuts 10%

- eBay cuts 9%

In 2024, tech companies have laid off +126,032 people.

With NASDAQ down -12% from record high, how much worse can it get?

Federal Reserve officials move to reassure markets that US is not in recession

Federal Reserve officials move to reassure markets that US is not in recession 

The Fed has in the past considered emergency rate cuts, often in co-ordination with other central banks, in times of very severe financial distress or rapid economic decline — such as at the height of the pandemic in early 2020. But most observers on Monday considered that unlikely.

Source:  ft.com 

https://twitter.com/paulsperry_/status/1820821971262672987

 

Political/Rights

Secret Service says it ‘disposed of’ cocaine found at White House after report of infighting, DNA hit

 The Secret Service said Monday it “disposed of” cocaine found last year at the White House — responding ...