▲ 1 r/economy
Blue Owl Capital limits withdrawals after investors try to redeem $5.4bn
Welcome to the Hotel California, Blue Owl "investors" (bagholders).
u/Key_Brief_8138 — 3 hours ago
u/Key_Brief_8138
▲ 47 r/economy
Trump turning China's yuan into world's next safe haven
Between Trump's foreign policy disasters and insane military spending financed by debt, the Fed's deranged money printing, & the uniparty's fiscal profligacy, the $USD's long good run as the world's reserve currency are drawing to a close. The resultant hyperinflation will further pauperize the middle and working classes in the oligarchy that is the former USA.
u/Key_Brief_8138 — 3 hours ago
Home sales cancelation skyrocket to the highest level since February 2017 as home prices are still 35% too high. There is nearly $700B in unsold homes across the nation as prices begin to fall into a collapsing economy and stalled demographics.
Housing Bubble 2.0 is bursting, and this time around the Fed has already blown its wad with 16 years of QE.
u/Key_Brief_8138 — 22 hours ago
Seems totally legit....
This is like living in the final days of the failing Roman Empire, but with wifi.
u/Key_Brief_8138 — 1 day ago
Outrage over Oracle's thousands of H-1B requests amid layoffs
Oracle fires thousands of US-based workers by email, then submits request for thousands of H1B wage slaves to replace them. No matter how much you think you hate corporate America & the oligarchy, it isn't nearly enough.
u/Key_Brief_8138 — 1 day ago