BREAKING: The 60+ day delinquency rate on US subprime auto loans is up to ~5.2%, the highest on record.
This figure has more than doubled over the last 4 years.
Serious delinquency rates on subprime auto loans are now ~1.7 percentage points above their 2008 Financial Crisis peak.
At the same time, 60+ day delinquencies on prime auto loans are up to ~0.4%, near their highest since 2011.
Meanwhile, total US auto debt surged +$28 billion in Q2 2026, to a record $1.71 trillion.
Americans are falling behind on their car payments at a historic rate.
So they get people into usury based debt under rising inflation caused by purposefully printing the currency into worthlessness, then offer them the ability to pay that debt off by selling themselves to the government to fight in a war of choice?
How f-ing diabolical.
🚨 BREAKING:
The U.S. officially announced the removal of Col. Nathan McCormack from his position on the Joint Chiefs of Staff over posts in which he described Israel as a "death cult" and said America acts as Israel's proxy.
Egyptian President Abdel Fattah El-Sisi @AlsisiOfficial held talks with President Xi Jinping.
President Xi noted that Egypt established diplomatic relations with the People’s Republic of China in 1956, becoming the first Arab and African country to do so.
The past seven decades of shared journey through wind and rain has fostered and witnessed the salient features of China-Egypt relations: equality and mutual trust, friendship and mutual learning, solidarity and mutual support, and win-win cooperation.
Faced with the changing and turbulent international and regional situation, the two countries should support each other, deepen cooperation, and continue to build a China-Egypt community with a shared future.
Trump's EPA has approved the use of a pesticide and known carcinogen, trifludimoxazin.
The forever chemical will now be used on corn, wheat, oats, soybeans, oranges, apples, peanuts, and almonds.
Diesel is about to hit a new all-time high.
Look around you... Almost everything you see was transported at some point by a diesel-powered truck or ship.
When diesel gets more expensive, almost everything gets more expensive.
Brace for inflation.
I was happy to provide an early analysis of the G20 discussions and Trump’s peace plan (whatever that is) on RT international today.
🇺🇸🇷🇺Russian and U.S. Finance Ministers Meet to Discuss the Situation in Ukraine, Russian Stock Market Soars
▪️Anton Siluanov and a Russian delegation are holding talks with Scott Bessent and U.S. representatives, according to a CNBC correspondent in Washington.
Can we trust the peace plan that is proposed by the United States?
Can we trust the George Soros clone, Scott Bessent?
If you listen to what Scott Bessent says everything is in defense of the failed monetary arrangement in the world that has had to bail out Japan and simultaneously raise US debt to $40 trillion.
With his lips, he says that the US bond market is strong, but the reality is the debt bubble is what has to be protected at all costs.
🇺🇦That’s all that Ukraine represents—-an extension of the looting that is the 1972 floating exchange rate monetary system.
The reality is that at the G20, they should be discussing putting that global financial system through a bankruptcy reorganization, they should be discussing a global Glass-Steagall Act to end the rule of speculators like George Soros, BlackRock, State Street, and the Epstein Class— which require a host to be bled in order to survive.
Emmerich de Vattel wrote in 1758, “The Law of Nations”— the first treatise on international law: “ the first general law that we discover in the very object of the society of nations, is that each individual nation is bound to contribute everything in her power to the happiness and perfection of all the others.”
De Vattel developed a thesis that human creative reason and human society is formed so that each contributes to their general need to their ability to improve the conditions of the entire nation.
Nowhere does the Trump peace plan nor anything that typically comes out of Wall Street mouthpieces like Scott Bessent do you hear that.
Instead, what you see is “Operation, Economic Outcast”— every measure that can be used to force countries to bow to the international financial system will be used whether it is financial warfare in the form of sanctions or actual military conquest.
Remember that while Scott Bessent claims Iran doesn’t care about its people, his mentor George Soros wreaked havoc on Asian economies in the 1990s. Bessent himself would replicate that in the UK.
Trump lists Abraham Lincoln and FDR as great American presidents, and yet their outlook of the Common Man and his ability to roll up his sleeves and build a locomotive, build a dam, build a power plant, produce food in an area that produced little or no food, apply creative reason to both employing vast numbers of people in the kind of infrastructure projects that formed the foundation of any economy—-is completely devoid of any policy that comes out of the United States right now.
That’s why when you hear phrases like “American system of economics” coming out of either leading Republican Party establishment or Democratic Party establishment that doesn’t fundamentally overthrow the current system and seek to uplift the conditions of the Common Man, you know it’s just an establishment game to protect the Epstein class.
That’s why Germany’s VW is returning to the arms industry like in the 1930s—-that’s what you have to do to stay on your good side of the elite.
Look to the growing relationship between Russia and China, and how that is radiating to India, Pakistan, Iran, and many other countries specifically around physical-productive economy. The last 25 years between Russia and China has been one of growing trust and this kind of development.
American founding father James Wilson said, “ the consequence is that the happiness of society is the first law of every government.”
What better way to spark a love of manufacturing than with a good book?
From crayons & Ferris wheels to dishwashers & chocolate factories, these 6 kids’ books show young readers how everyday things are invented & made.
Which would you add to this list?
https://t.co/Hu8LJjfMt6
Cleveland company RoadPrintz has put an industrial robot arm on a Ford F-550 that paints turn arrows, crosswalks and bike symbols while the operator stays inside the cab. The company says a turn arrow takes under three minutes, and Missouri's transportation department measured up to 40 percent less project time. The technology came out of Case Western Reserve University and has been painting Cleveland streets since a two year beta.
A lot can change in a few weeks.
Take a look at the latest construction progress on our new $75 million Premium Thread Line at Fairfield Tubular Operations near Birmingham, Alabama — another investment forging the future of American steel and manufacturing.
Follow our journey: https://t.co/PrpmEX4ugx
#USSteel #Manufacturing #MadeInAmerica #Construction #Steel
The median cost to incarcerate someone is about $66,000. The median cost to permanently house and feed someone is $16,000. They don’t want to govern. They want to oppress. So much so they made being poor a crime.
The Ghost of George Soros in drag— Scott Bessent and His Old Hedge Fund Pals Are Orchestrating a Run on the Dollar
With yields on 30-year Treasury bonds soaring to 5.31% on Aug. 14—the highest rate since 2007—a desperate Treasury Secretary Scott Bessent announced on Aug. 19 that he would at least double the maximum size of the Treasury’s buyback operations, from $2 billion to $4 billion, to try to drive yields down.
(FAILED)
That is not a lot of money, but it was meant to signal that Treasury was prepared to bet against hedge funds and other speculators who have been fleeing Treasuries.
The speculators barely blinked, and continued to drive rates up – since what they have at stake is the existence of a global $2.4 quadrillion speculative bubble, which has bankrupted the entire system.
Five days later, on Aug. 24, “two senior Treasury officials” were deployed to inform CNBC that “Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks.”
That’s a lot of money—but Bessent has been informed in no uncertain terms by Wall Street and his old hedge fund buddies that it will also not work. “Wall Street turns on Scott Bessent,” Politico wrote on Aug. 26, adding that “Wall Street has begun calling his bluff.”
For example, Bessent’s old mentor when both worked at the George Soros Fund in the 1990s, Stanely Druckenmiller, penned an op-ed in the Wall Street Journal telling Bessent he “will lose” if he goes up against the bond market—i.e., the speculators.
Instead, he should “let the bond market speak…. Governments defending prices against fundamentals always lose [Soros ruined Asian currencies in the 1990s].
The only variable is how much they spend before conceding,” he wrote. “The long-term Treasury yield is the most important price in the world. It is also the only fiscal disciplinarian the US has left. Neither party will run on entitlement reform. Both have spent the past decade expanding commitments while ignoring arithmetic,” wrote Druckenmiller.
Like usual, the speculators are demanding draconian cuts in the Federal budget, and nothing less will satisfy them.
Meaning: kill the people, save the banks (again)—when will Americans wake up?
Bessent himself cut his teeth as an international-class speculator in the notorious operation to “break the Bank of England,” conducted by Soros, Druckenmiller, and himself, in 1992—reputedly making more than $1 billion in profits for the George Soros Fund.
“The irony of the guy working for Soros and Druckenmiller who broke the Bank of England back in 1992 pretending that you can do FX [foreign exchange] intervention alone, and lastingly defend a currency, is just amazing,” Adam Posen, the president of the Peterson Institute told the Financial Times earlier this month.
Meanwhile central banks are buying gold because they don’t trust the US Dollar.
This is what happens when the centerpiece of your economy is speculative rather than physical economy.
Bessent is Soros and Soros is a destroyer of national economies.
Brace for higher food prices... US Corn Belt farmers are facing their worst crisis in 40 years thanks to the Iran war.
- Diesel is up ~100% ytd
- Fertilizer surged ~100% during planting season
= Production costs are exploding
The Corn Belt accounts for ~80% of US corn production, and ~40% of domestic corn use goes directly into livestock feed.
Higher corn costs -> higher feed costs -> higher food prices.
The Hormuz crisis is cascading through global supply chains...
Pushing prices higher at every step.
🚨 China Is Officially Moving It’s Yuan Onto A New Gold Standard
China Internationalizes the Gold-Backed Yuan and Payment System for the First Time Ever.
Hong Kong’s government-owned gold clearing system launched trial operations in July 2026, providing unallocated OTC settlement linked to the Shanghai Gold Exchange to strengthen its position as an Asian gold hub.
Bloomberg Research revealed that China is building a global network of gold vaults to anchor its Yuan to the gold.
China has also announced blockchain-based payment system with BRICS, away from the dollar and backed by gold.
China Is Hoarding Gold Like There’s No Tomorrow, buying it for 20 consecutive months.
The UK, China, Japan, South Korea and India all sold U.S. Treasuries in July and re-started buying gold. South Korea started buying gold again after 13 long years.
Gold has now surpassed U.S. Treasuries as reserve asset.
Venezuela's $4 BILLION, 31 TON gold reserve is leaving London after EIGHT years.
While Hong Kong advances its central gold clearing links with Shanghai, Assetiko has issued a tokenized gold product ($XAUa) on the Blockchain that offers on-chain exposure with possible physical delivery options in the region, trade-able on RWA Marketplaces like @Trensik_com, including tokenized U.S. stocks and commodities.
The CCP’s Golden Endgame: Crash the Fiat System, Launch the Gold Yuan.
This was exactly outlined by the famous City Of London banker @LordBelgrave at the start of the year.
Washington will have no choice but to debase the U.S. dollar to get out of its debt trap.
It’s all planned for Gold.
The real Syrian Arab Army was Syria’s children.. Every sect, every village, every corner of al-Sham. Students put down their books and picked up rifles to defend their homeland as Israel, the USA, their takfiri proxies, foreign terrorists and most powerful states from across the world turned what was one of the worlds most safest countries into a killing field…
The real Syrian Arab army fought Israel for decades and then fought ISIS, al-Qaeda and one of the most ruthless internationally fuelled insurgencies. The bitterest betrayal was watching so much of the Muslim world help tear apart the very Syrian front that had sacrificed for Palestine.
Now we’re offered theatre as “liberation” while Syrian land is occupied and Syrians are killed, kidnapped and displaced.
Never let them rewrite who those soldiers were. They were Sunni, Alawite, Shia, Christian, Druze, Ismaili and more. They were students, fathers, brothers and sons.
They were not a sect. They were Syria..
Oh, so this is what happened. Argentina has toxic beef that it can't sell. Someone made a call to Trump, offered to cut him in on the action, suddenly 660 million pounds of inedible meat-like substance is about to flood the U.S. market. Just follow the money, it tells the story.