Why National Debts Eventually Default

by Martin Armstrong   QUESTION: If governments have been borrowing without limit since world war 2, are you saying that there is some line that is cross in debt to GDP that results in default? Thank you JU ANSWER: No. The debt to GDP ratio is interesting. The USA is at about 103% and China is at … Read more

Has Draghi Just Lost It?

by Martin Armstrong QUESTION: Why are long-term yields on risky European debt below that of US Treasuries? Is this the European bubble madness? HN, Frankfurt ANSWER: This is unquestionably a bubble, but the buyer has been the ECB (European Central Bank). Yields on risky European bonds have been driven below the yields of long-dated US securities. The financial … Read more

Chelsea Manning vows to eliminate US borders, close prisons and abolish ICE

by DCG From Daily Mail: Chelsea Manning is no longer living as a transgender woman in a male military prison, serving the lengthiest sentence ever for revealing US government secrets. She’s free to grow out her hair, travel the world, and spend time with whomever she likes. But a year since former President Barack Obama commuted Manning’s 35-year sentence, … Read more

The Best Schools for Under $20k in One Map

by howmuch Here’s a fact: more than 70% of college graduates carry student loan debt, and the average debt burden stands at $37,172. A surprising new study reveals that the problem affects millennials just as much as baby boomers. These figures got us thinking about the best schools that won’t break the bank, so we compiled a … Read more

BREAKING in FL: “Tesla Model S Bursts Into Flames After “Horrific” Crash, Killing Two Men Trapped Inside”

AnotherTesla Model S –crashes and burns– this time in Ft. Lauderdale Beach, FL on Tuesday night. Two 18 year olds died from the fire, still trapped in the wreckage while a third passenger that was thrown from the vehicle has been hospitalized; condition unknown. https://www.zerohedge.com/news/2018-05-09/tesla-model-s-bursts-flames-after-horrific-crash-killing-two-men-trapped-inside Potential Tesla fire doom is becoming real doom for owners. … Read more

What’s Going On in the Used Vehicle Market?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter They’re hot, price inflation is building up. Wholesale used vehicle prices jumped 6.3% in April from a year ago, according to the Manheim Used Vehicle Value Index. At 132.5, the index is at the highest level since last November. The index had spiked as a result of replacement demand after Hurricanes … Read more

Entire White House Rightfully On Edge Over Horrific Pic Of Trump On Mag Cover – Saved For Right Time

https://www.youtube.com/watch?v=eZ4OtB5U4CQ Johnny Smith for RWN reports, Just when you feel the Liberal Mainstream Media in this country can’t stoop any lower, they outdo themselves one more time and prove once again how low class they really are and how badly they hate America and us common folk who voted for this president. Read More/Source/Credit/FairUse: https://rwnofficial.com/trump-ny-mag-…

Google App Aiding and Abetting Illegals

https://www.youtube.com/watch?v=EhTsIleiilA An organization called United We Dream has created an app, Notifica, available on the Google Play Market, that helps people circumvent police. App: https://play.google.com/store/apps/de… Sources: https://archive.li/a6Muy https://unitedwedream.org/ https://archive.li/yfyeC https://www.commondreams.org/organiza…

Breaking – US Military Intelligence Indicates Iran Attack On Israel Soon – Plus Report Iran Overtakes Israel In Scientific Research Rankings.

by Ruby Henley United States Intel indicates Iran is planning to attack Israel soon.  If this proves to be true, no one will be surprised. Clearly, this will occur in the near future, as Israel reportedly has bombed Iran in Syria due to this very fear. A major fear factor for Israel could be that … Read more

Tesla offers Fremont factory as collateral

Tesla’s burning money is a major contributor to global warming. https://www.autoblog.com/2018/05/08/tesla-car-factory-collateral/ NEW YORK — Tesla has changed the terms of its borrowing agreement with banks to allow it to pledge its Fremont auto plant as collateral — a move seen by some analysts as an effort to boost liquidity. The electric car maker has just … Read more