The US unemployment rate is likely heading higher:
US heavy truck sales are down to 5.1 million over the last 12 months, the lowest since 2020.
Outside the pandemic, this is the lowest level in 8 years.
Annual truck sales have declined by ~1.1 million over the last 18 months.
In previous economic cycles, this has been a leading indicator of higher unemployment.
This suggests that the unemployment rate may rise by at least 1.0 percentage point over the next 6 months.
Downside pressure on the labor market is building.
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US heavy truck sales are down to 5.1 million over the last 12 months, the lowest since 2020.
Outside the pandemic, this is the lowest level in 8 years.
Annual truck sales have declined by ~1.1 million over the last 18 months.
In previous economic cycles, this has been a leading indicator of higher unemployment.
This suggests that the unemployment rate may rise by at least 1.0 percentage point over the next 6 months.
Downside pressure on the labor market is building.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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LMFAO! The White House is currently running a music stream of Trump scrolling his "NAUGHTY LIST" of illegal aliens, with cookies and milk on the table next to him
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Genetic distance from "Heritage Americans" predicts voting patterns.
Funny thing about this graph –– America's founders said we should accept immigrants almost exclusively from within the yellow box.
They believed Northwestern Europeans (from protestant cultural backgrounds, specifically) were basically the only immigrants capable of full assimilation into America's culture, values, and founding principles.
They believed immigrants from other countries were simply too culturally distant for proper assimilation –– they wouldn't fully adopt America's founding principles, values, and traditions.
The founders heavily warned against this, saying it could destabilize the country and trigger the collapse of the republic –– a lesson they learned from Rome.
We should've listened.
"Do not move an ancient boundary stone set up by your ancestors."
- Proverbs 22:28
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Funny thing about this graph –– America's founders said we should accept immigrants almost exclusively from within the yellow box.
They believed Northwestern Europeans (from protestant cultural backgrounds, specifically) were basically the only immigrants capable of full assimilation into America's culture, values, and founding principles.
They believed immigrants from other countries were simply too culturally distant for proper assimilation –– they wouldn't fully adopt America's founding principles, values, and traditions.
The founders heavily warned against this, saying it could destabilize the country and trigger the collapse of the republic –– a lesson they learned from Rome.
We should've listened.
"Do not move an ancient boundary stone set up by your ancestors."
- Proverbs 22:28
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BITCOIN CAPITULATION METRIC JUST HIT A NEW ALL TIME HIGH.
LAST TIME BITCOIN WENT UP 50% WHEN THIS HAPPENED.
TIGHTEN YOUR SEATBELTS
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LAST TIME BITCOIN WENT UP 50% WHEN THIS HAPPENED.
TIGHTEN YOUR SEATBELTS
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The fact that this is the chart of the 4th largest asset in the word is both incredible and terrifying at the same time
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The economics of mass immigration requires one graph. It has been an unmitigated disaster
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Russia. What on earth is going on there? In the Moscow region, couriers were carrying… children in bags.
A video has gone viral online showing delivery couriers transporting children inside delivery backpacks. Police said that no official complaints have been filed so far, but an investigation is already underway.
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A video has gone viral online showing delivery couriers transporting children inside delivery backpacks. Police said that no official complaints have been filed so far, but an investigation is already underway.
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