By Michael Snyder Have you ever wondered how tech companies that have been losing hundreds of millions of dollars year after year can somehow be worth billions of dollars according to the stock market? Because I run a website called “The Economic Collapse“, there are naysayers out there that take glee in mocking me by … Read more
https://youtu.be/by3D997zUwY Ann Coulter said Wednesday that she is canceling her planned speech at the University of California, Berkeley, because she had lost the backing of conservative groups that had initially sponsored her appearance. Ms. Coulter, in a message to The New York Times, said, “It’s a sad day for free speech.” Despite insisting that she … Read more
by Pamela Williams President Trump has just unveiled his tax plan, and so far it sounds good to me! President Donald Trump unveiled his tax plan with the following points: Proposal to slash corporate taxes, Tweak personal tax rates, Eliminate most deductions used by more affluent Americans, The plan was announced by Treasury Secretary Steven Mnuchin … Read more
by Pamela Williams This is going to ruin my whole post, but I need to get this out now. I just got news from a news source I trust, and here it is: new briefing from Admiral Harris “WE BELIEVE NORTH KOREA WILL TRY TO ATTACK THE US AS SOON AS IT HAS THE MILITARY … Read more
From Bloomberg: America’s working class is falling further behind. The rich-poor gap — the difference in annual income between households in the top 20% and those in the bottom 20% — ballooned by $29,200 to $189,600 between 2010 and 2015, based on Bloomberg calculations using U.S. Census Bureau data. Computers and robots are taking over … Read more
by Umar Farooq With financial markets eagerly anticipating a White House tax plan, Trump will also call for a sharp cut in the top rate on pass-through businesses, including many small business partnerships and sole proprietorships, to 15 percent from 39.6 percent, an administration official said. Trump’s primary goal appears to be lowering … Read more
https://youtu.be/GkKJkHGYnJI from Dailymail.co.uk: Tian Yulong, secretary general for China’s space agency, confirmed the plans ESA has described its ‘Moon Village’ as a launching pad for missions to Mars The lunar site could also support space mining missions and even tourism It could also act as a ‘pit stop’ for the further exploration of deep … Read more
Financial Writer Craig Hemke says the system is being propped up and is very weak dispite the record stock markets prices. Hemke contends, “These markets are quite literally held together by . . . electronic bailing wire and digital chewing gum. . . . When you see this disconnect from economic reality, you know, hardly … Read more
by Charles Hugh-Smith Until the system implodes–you’re a genius. So you’ve ridden the markets higher–stocks, housing, commercial real estate, bat guano, quatloos, you name it–everything you touch turns to gold. What can we say, bucko, other than you’re a genius! It’s a market truism that rising tides lift all boats. But that’s not the really … Read more
by Mark Angelides We have all heard the arguments and the figures relating to the benefits of mass-immigration from poorer countries to richer countries. The advocates have shown us “irrefutable figures” that detail the economic benefits; they have berated us for our lack of morality. And the sad truth is, the argument can never be … Read more