Month: May 2018

North Korea will invite the press in to witness the dismantling of their nuclear program. China is about to step in to take the place of a French oil company in Iran. China is building a train that will connect Iran with China and run into Europe. UN Chief Nuclear inspector of the IAEA quits … Read more

by TFittonJW Great lawsuits (in addition to our fine t-shirts!)! Our big Judicial Watch update: Judicial Watch carries on its back the work of oversight of Mueller operation: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-emails-show-fbi-advised-comey-consult-muellers-office-prior-june-2017-testimony/ https://www.judicialwatch.org/press-room/press-releases/justice-department-reveals-may-provide-judicial-watch-previously-redacted-portions-rosenstein-scope-authority-mueller-memo/ Nice victory for patriotic veteran Robert Rosebrock: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-scores-new-victory-76-year-old-veteran-criminally-prosecuted-allegedly-taking-photos-american-flags-veterans-affairs-facility/

by Armstrong Economics  QUESTION: why national debts eventually default Martin to answer this question you said: we need to introduce currency. France and Germany were less impacted by converting to the Euro than Greece, Italy, Spain, and Portugal. Why? Currency Inflation! My question is if it is not the quantity of money that is making $1 … Read more

https://twitter.com/TihoBrkan/status/995225958230712322 (2/3) The day of reckoning could be coming for China. Plethora of debt starts maturing this year, followed by 2019 & 2020. (3/3) Chinese stock market doesn’t seem worried for now. Same can be said about the overall #EmergingMarkets index. Both are breaking out on the upside after a decade (or longer) of stagnation. … Read more

https://twitter.com/globalprotrader/status/994969292880924673?s=11 I’d say it’s a problem NOW and when we get a stock market crash and recession later this year, Fed Tax Receipts will dry up and those deficits turn from $1tln to 2 to 3… there’s a breaking point in confidence imho. Trapped in a Debt Spiral, Americans Unprepared for Perhaps Sudden End We … Read more

via Daily Reckoning: The official US government-released unemployment rate is meaningless. The LFPR measures the employment rate of adults in their prime working years, 25-54. LFPR has fallen 4.4% since 2000. But if you don’t show up as having actively sought employment for a four-week period, poof, you’re magically not ‘unemployed’ anymore. Think about that. … Read more

https://twitter.com/movement_cap/status/996038696049807360?s=11 Amazing how many things are linked to the #LIBOR rate! #GC_F $GLD

via Mauldin Economics: Asking that corporations not take on too much debt, when that debt costs them almost nothing in interest, is unrealistic. Asking that the Fed not leave interest rates at emergency-condition levels for 10 years is not. In the myopic mad dash that is quarterly earnings-obsessed Wall Street, you have about 90 days to … Read more

via The Gold Telegraph: Paying an out and out penalty for saving your money. In Europe, negative interest rates have been used to attempt to kickstart inflation and to get banks to lend out money; if they have to actively pay to sit on it, suddenly making loans looks a lot more attractive than having … Read more

California with its bankrupt economy, culture of unemployment, madcap representatives, crumbling power grid, crippling taxes, and unattainable real estate prices has created an exodus of Californians heading east. But California has always claimed to be at the heart of America’s future. So why is everyone leaving? https://www.youtube.com/watch?v=H41C836vDEI

Killer Mike: “Bernie Sanders Got Robbed”, Bill Maher proceeds to do damage control for the DNC and Hillary Well Killer Mike, a vocal supporter and surrogate for the Sanders 16′ campaign went on Real Time with Bill Maher last Friday and attempted to tell Bill’s somewhat sheltered audience the truth about what happened in 2016 … Read more

by sematrix The international bankers, who see themselves as a post-national priest class, a chosen people of the cosmos, and the source of all manna, are actually insatiable grifters, predators and parasites upon the nations in which they roost, and upon the decent, law-abiding folk who form national economies. They leverage the work, productivity, and taxes … Read more

Im not saying anything about this being the Mark of the Beast, but it still not good at all. Once they get this into everybody’s heads as the “normal thing to do”, what’s next?   via businessinsider: Some 3,000 Swedish people have inserted a microchip into their bodies to make their daily lives easier. People with … Read more

Borrowers in the U.S. are defaulting on subprime auto loans at a higher rate than during the financial crisis, according to Fitch Ratings. Lenders are responding by pulling back on financing to applicants with shaky credit histories and requiring higher standards for loans that they bundle and sell on to investors. https://www.bloomberg.com/news/articles/2018-05-14/consumers-skip-more-high-rate-auto-payments-than-during-crisis and real inflation … Read more

by Geoffrey Grider GOOGLE SHOCKED THE WORLD THIS WEEK WHEN IT SHOWED OFF GOOGLE DUPLEX, ITS NEW TECHNOLOGY TO HANDLE TASKS OVER THE PHONE. SINCE ITS REVEAL ON STAGE AT THE GOOGLE I/O CONFERENCE, THERE HAS BEEN SOME NEW INFO REGARDING THE A.I. THAT WILL MAKE PHONE CALLS — HAIR APPOINTMENTS OR DINNER RESERVATIONS — IN … Read more

IF YOU’VE EVER HAD THE CHANCE TO HEAR THIS INCREDIBLE MAN SPEAK, YOU KNOW HE CHEWED WHOOPI UP AND SPIT HER OUT… Dr. Mitchell was the architect of “enhanced interrogation” aka waterboarding. The man is a hero. Dr. James Mitchell returned fire at “The View” host Whoopi Goldberg for suggesting that President Donald Trump ought … Read more

by sundance I have a sneaking suspicion the Machiavellian connections between the U.S. intelligence apparatus and multiple foreign agents/actors, including the work of Stefan Halper in the 2016 presidential election, are only a few days from fully surfacing.  There could be enough sunlight on U.K/U.S. political and intelligence officers to launch multiple investigations. There was always something … Read more

via Zerohedge: Long gone are the days when the CDS market was naively seen as merely a simple hedge to long cash bond positions for vanilla investors (negative basis), or more conspiratorially, a means to naked short the bonds of distressed companies (as many alleged happened during the financial crisis) without being subject to squeezes, … Read more

Via Marketwatch Millions of Americans who lost manufacturing jobs during the 2000s have long ”known” China was to blame, not robots. And many helped elect Donald Trump as president because of his insistence that China was at fault. Evidently many academics who’ve studied the issue are finally drawing the same conclusion. For years economists have … Read more

by Adam Hamilton of Zeal LLC The mega-cap stocks that dominate the US markets are just wrapping up a truly-extraordinary earnings season.  Naturally this first quarter under Republicans’ new corporate tax cuts fueled surging profits.  But sales were up big too, which is no mean feat for massive companies.  With sustained growth at this torrid pace impossible, peak-earnings fears are mounting.  And … Read more

https://grrrgraphics.com/a-house-divided/ Its real