10-17-26 victor
The US federal budget deficit for 2026 just came in. It's $1.992 trillion.
The 2026 reading is a 12% jump from 2025's $1.775 trillion deficit.
These final numbers came in the Treasury Department's Monthly Statement for September, which covers the final month in the US government's fiscal calendar.
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10-16-26 victor
wow!!!
dt just got rid of his new press secy.. after only 1 week!!
by quitting, leavitt really screwed dt.
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Trump fulmina a su nueva secretaria de prensa, la menos longeva en la historia de la Casa Blanca
El presidente ha dicho a Katie Zacharia que debería “reconsiderar” su trabajo después de una semana en la que ha demostrado no estar a la altura del cargo
Ha pasado una semana desde que Donald Trump eligió a Katie Zacharia como su nueva portavoz de la Casa Blanca, pero su mal desempeño en la única rueda de prensa que ha ofrecido, la polémica por haber mentido sobre su formación de abogada y una pésima defensa en una entrevista con Fox News ya han convencido al presidente de que no es la indicada para el puesto.
“Sinceramente, si yo fuera tú, lo reconsideraría”, ha dicho Trump, citando su conversación de esta mañana con Zacharia, en declaraciones a los medios de comunicación antes de subir a su avión presidencial. Poco después, Fox News ha confirmado, citando a fuentes de la Administración, que la portavoz de Trump ya está “de salida” de la Casa Blanca, una información que ha contrastado The New York Times con tres fuentes oficiales.
Su despido, tras cinco días en el trabajo, convierte a Zacharia en la secretaria de prensa que menos tiempo ha ocupado el puesto en la historia de la Casa Blanca, superando a Anthony Scaramucci, que solo permaneció 11 días en el cargo durante el primer mandato de Trump.
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10-16-26 savo
Brent 110..
good job DT... |
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10-16-26 savo
Brent 110...
Veni unresponsive. |
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10-16-26 Merlino
he does not have a boss...
...................
I would say them both have the same boss (or bosses) |
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10-16-26 carib
| ..also back in the Centerview website.. |
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10-16-26 carib
BANGKOK, Oct 16 (Reuters) - US financial services firm Centerview Partners remains the financial adviser for Venezuela's debt restructuring, the country's top economic adviser said on Friday.
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10-16-26 savo
The Producer Price Index rose 1.3% from the month before and 6.3% from the year before, according to Bureau of Labor Statistics data released Thursday morning. It’s a sharp upswing from August when wholesale prices rose 0.5% to an annual rate of 5.6%.
funny how this people report inflation... when they say "annual" they mean the past 12 months... not "annualized" as they do with GDP.
1.3 annualizes is: ...16.7% !!!!
when a big number is good (GDP)... they annualize it... when a big number is bad... they give a 12 months trailing figure
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10-16-26 carib
Savo: Successive Veny governments transformed a wealthy country into a poor one.. forcing a quarter of the population to emigrate.
The currency suffered a 99,999999% delavuation.
hence 0 credibility. |
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10-16-26 spal
he does not have a boss... the fed is independent... or so they say
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Yes ... tell me another one. |
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10-16-26 spal
all while claiming he is serious about fighting inflation...
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Why would you not expect this to be confabulation? That is the default setting and my immediate assumption whenever I see the lips of these types moving. |
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10-16-26 savo
earth to carib!
veni has plenty of credibility... it never defaulted until the Satanist States concocted a plan to provoke a default and steal veni reserves.
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10-16-26 savo
| amateur... he does not have a boss... the fed is independent... or so they say |
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10-16-26 amateur
| Savo, Warsh is working fot DT, who says UST 10y annual interest rate should be 1%, because of US merits. He is just moderating his boss mandates… |
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10-16-26 carib
| Leo: given the debtor has plenty assets, but little cash, it is indeed reasonable to pay creditors essentially with assets, or with the product of such assets. Given the debtor has zero credibility, if left alone, there is the need not only of nominal US jurisdiction, but also of actual (military) control, IMHO. |
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10-16-26 savo
Powell was a true incompetent...delirious old man that coined the expression "transitory inflation"... or "symmetric inflation"
When one thought more incompetence was impossible came Warsh... this guys adds a level of unseen idiocy.
He tries to play hawk... but was have he done...? reduced M2? no.. reduced growth in M2? no...reduced the fed's balance sheet ?.. no
increased rates...? yes...25 bp in 7 months... is he kidding...? last cpi monthly print 0.6%... annualised 7.4%
all while claiming he is serious about fighting inflation... |
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10-16-26 leopardo
| Warrants on oil production, warrants on GDP, shares in Pdvsa ora other companies...just to make some examples. |
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10-16-26 leopardo
Carib you are right that it is more difficult to give bondholders value with new debt.
Recovery value will be made mostrly of alternative instruments not debt, IMHO. |
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10-16-26 carib
All news can be relevant, but the only "sure" thing is they remain in default.
;-( |
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10-16-26 leopardo
| Surely before year end some relevant news will come out. |
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