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Politican Mike Johnson says we need to let politicians trade stocks because they need the extra income.
He says: “Have some sympathy. At least let them engage in some stock trading so they can continue to take care of their family.”
Congress earns 3x what the average American make and he’s asking for your sympathy lol.
Healthcare is a goldmine for private equity. In 2024, private equity completed 1,136 healthcare deals in the US. People get sick no matter what the economy is doing. It's guaranteed cash flow.
The business model is simple. Buy a clinic. Load it up with debt. Cut costs to make the profit margin look amazing. Sell it to someone else in about 5 years.
If the clinic goes bankrupt from all that debt later on? The investors do not care. They already made their money.
Why is this happening? Greed.
It is wild how fast a successful business gets destroyed by this model.
Labor is the highest cost in any healthcare practice. Cut it, and the margins improve on paper.
PE acquisitions often use leveraged buyouts — meaning the debt used to buy the practice gets loaded onto the practice itself. It services that debt from operating revenue while also generating investor returns.
The medical clinic I've been visiting the last 10 years was bought out by private equity.
They cut costs so aggressively that they could not even keep a full time doctor on staff.
Then they cut the staff. They replaced experienced nurses with cheaper workers.
The place fell apart in under a year.
Americans are leaving the U.S. in record numbers, per WSJ.
Housing costs are up 40%+ in many cities since 2020 and wages haven't kept pace with any of it.
And Americans are leaving in record numbers. And the number keeps climbing. And when people leave, they take their tax dollars with them.
If this keeps up, our economy will face a huge problem with Social Security and growth.
Kevin Warsh is seen as more hawkish than Powell, meaning he's more likely to raise rates or hold them high to fight inflation. The bond market knows this.
Bonds are the real engine of the global economy. When they break, everything else follows.
Something is breaking in the bond market. Most people haven't noticed yet.
The interest rate on the US 10-Year Note just jumped above 4.59%. We haven't seen these levels in about a year.
Even crazier, the 30-Year Treasury yield hit 5.12%. That's the highest it has been since right before the 2008 Great Financial Crisis.
And it's not just the US. In the UK, the 30-year bond yield hit 5.85%. It's the highest level since March 1998.
You can only pick 2:
1. Never pay taxes again
2. No rent or mortgage (ever again)
3. $10k passive income each month
4. $100k deposited to your bank account every January 1st
5. Never pay for a flight or hotel again
The US deficit just hit $955 Billion in 7 months.
That's $3 billion EVERY SINGLE DAY.
And the math gets worse.
We are on track to hit nearly $2 Trillion in new debt this year alone.
Right now, 22% of your taxes go straight to paying interest on government debt.
And the Congressional Budget Office projects that in 10 years, 30% of your taxes will go toward paying interest on government debt.
That's nearly 1 in 3 dollars.
And it's only getting worse.
100,000+ tech layoffs in 130 days.
Most people think the tech layoff wave is over. It's not. 100,000+ jobs have already been cut in 2026. And we're only 4 months in.
This isn't a layoff cycle. It's a STRUCTURAL SHIFT.
