🚨The US is now less than $1.1 TRILLION away from hitting its legal debt limit.
US debt has topped $40 TRILLION, against a $41.1 TRILLION borrowing limit set last year.
Budget experts see the Treasury running out of room to borrow in the second half of 2027, per Bloomberg.
Republicans are now weighing raising the limit again before a new Congress takes over, to deny Democrats leverage if they win the midterms.
Keep in mind that Christa Pike was convicted of torturing & killing Colleen Slemmer. She was beaten, cut with a box cutter and a meat cleaver, and had a pentagram carved into her chest 30-60 min of torture before Christa Pike used a piece of asphalt to crush Colleen Slemmer's skull.
🇺🇸 A botched execution has sparked a pretty uncomfortable debate about the death penalty.
Fox News commentator Kaylee McGhee cites a reported 7% botch rate for lethal injections versus 0% for firing squads, arguing that society needs to reconsider how executions are carried out.
Her remarks follow reports of a failed execution attempt involving Christa Pike in Tennessee.
How disturbing is that we're discussing which method of execution is less likely to go wrong?
Writer: Lynn
Keep in mind that Christa Pike was convicted of torturing & killing Colleen Slemmer. She was beaten, cut with a box cutter and a meat cleaver, and had a pentagram carved into her chest 30-60 min of torture before Christa Pike used a piece of asphalt to crush Colleen Slemmer's skull.
🚨 Global debt now exceeds $365 trillion.
That's roughly 310% of global GDP, an ALL TIME RECORD.
Now the cost of servicing that debt is exploding everywhere at the same time.
US 5-year Treasury: 5.136%, highest since 2007 (19 year high)
US 10-year Treasury: 5.340%, highest since 2002 (24 year high)
US 20-year Treasury: 5.730%, highest since 2002 (24 year high)
US 30-year Treasury: 5.681%, highest since 2002 (24 year high)
UK 5-year Gilt: 5.062%, highest since 2008 (18 year high)
UK 10-year Gilt: 5.510%, highest since 2007 (19 year high)
UK 30-year Gilt: crossed 6.029%, highest since 1998 (28 year high)
Japan 10-year bond: 3.126%, highest since 1996 (30 year high)
Japan 30-year bond: 4.223%, a record high since Japan started issuing this bond in 1999
Germany 10-year bond: 3.65%, highest since 2009 (17 year high)
France 10-year bond: 4.963%, highest since 2002 (24 year high)
Australia 10-year bond: 5.448%, highest since 2011 (15 year high)
The entire world is drowning in debt.
@coinbureau I wonder what PCE would have looked like if they didn't calculate it differently this time. Strange how the new calculations always make the numbers better don't you think?
Well @tradingview we're still leaving because of your updated terms of service. There are a lot of other competitors that will get your business. Good luck.
🚨HUGE: Robinhood is bringing 10x leveraged crypto trading to US retail, a product that has mostly lived on offshore exchanges.
Perpetual futures are one of crypto's most traded products, but US rules have long limited access for retail traders.
Robinhood will offer them to eligible US users through Bitstamp, with up to 10x leverage on Bitcoin and ether and 3x on other coins.
It says it chose lower leverage on smaller tokens "to start off a little safer."
🚨BREAKING: ZachXBT says alleged DPRK attackers are now shielding stolen Bitget funds through Zcash.
Around 2,700 $ZEC, worth $3.8M, has reportedly started moving into Zcash’s Ironwood.
This means the stolen ZEC is now being pushed into a shielded pool, where transaction details can be hidden and tracing becomes much harder.
Roughly 18,900 ZEC, worth $28.3M, was stolen from Bitget’s wider $388M breach across multiple assets.
Earlier, Bitget CEO Gracy Chen says she is “not very optimistic” about recovering the stolen funds.