Earnings Season Hype Masks a Looming Reckoning

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Wall Street cheers “better-than-expected” earnings, but the truth is darker: profits are driven by layoffs and cost-cutting, not real consumer strength. With debt soaring, tariffs biting, and Washington unwilling to rein in spending, the economy is whistling past the graveyard. The question isn’t if a financial reckoning comes — it’s when.