by Michael Snyder Terror has just struck New York City once again. On Tuesday afternoon, a “Middle Eastern man” shouting “Allahu Akbar” used his truck as a weapon in Lower Manhattan near the World Trade Center. After careening on to a bike path and hitting numerous bikers and pedestrians at high speed, he was finally stopped after his … Read more
By Michael Snyder Are we about to see chaos in the streets in major cities all over America? Antifa and other radical leftist groups are promising that a series of protests will begin on November 4th that will never end until “the Trump/Pence regime” is “removed from power”. And as you will see below, Antifa … Read more
http://moslereconomics.com/2017/10/29/credit-check-34/ A Look at NYSE Margin Debt and the Market The NYSE has released new data for margin debt, now available through September. The latest debt level is up 1.6% month-over-month. The September data gives us an additional sense of recent investor behavior. At the suggestion of Mark Schofield, Managing Director at Strategic Value … Read more
by Geoffrey Grider IS THE MERE ACT OF WEARING MINSTREL STAGE MAKEUP FROM A HUNDRED YEARS AGO A RACIST ACT? My intern Haley and I were walking back to the car after lunch this afternoon here in America’s oldest city, when we heard vigorous shouting coming from the area of the Prohibition Kitchen restaurant. As we got closer, … Read more
Why is this not front page news in the west? So it must be looking good, as super-loose monetary policy seems to have peaked and central banks are “talking the talk” and “walking the walk” for normalisation and tighter policy ahead. The US Federal Reserve has been doing this for nearly two years now, the … Read more
Irrefutable proof Podesta Group lobbied on behalf of Uranium One. 2012: https://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=2a6bc321-f7aa-413d-bd53-3b1f96b7f6e7&filingTypeID=62 2015: https://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=e2f7e742-f91b-4244-a805-237a020f220f&filingTypeID=51 to keep data intact… 2012 archive 2015 archive Sources: Podesta Group, Mercury Are Companies ‘A’ and ‘B’ in Indictment WASHINGTON — Lobbying firms the Podesta Group and Mercury Public Affairs are the unnamed companies in the grand jury indictment of Trump campaign chairman … Read more
By Michael Snyder Are you ready to pay 37 percent more for health insurance in 2018? Obamacare is imploding faster than most of us imagined, and these rate increases are absolutely killing hard working middle class families all across the country. I wrote about the steady erosion of the middle class yesterday, and health insurance is … Read more
WB Concerned Over Global Debt Overhang The World Bank has warned that unless countries across the globe address issues relating to borrowing, the world could be heading for another financial crisis. In its World Economic Outlook report for October 2017, it noted that discouraging further debt build-up through measures that encourage business investment and discourage … Read more
by Mark Angelides The governor of Ohio, John Kasich is rumored to be making plans for his thirds (and hopefully final) Presidential bid in 2020. Whilst he has publically stated when questioned that “That’s not where my head’s at right now,” this is hardly an outright rejection, and the fact that he has retained his … Read more
In your opinion, is Japan the model for the success of central bank monetary easing (QE)? Every country has decided to follow in the footsteps of the Fed and their actions. They set the precedent to print money to save the nation from collapse, and everyone joined the conga line in this wild party. There … Read more