IMF is now urges central banks to compete with cryptocurrencies, central banks know there system is obsolete and they are worried.Russia released a report where they say crypto market is to small to have any impact on the global economy. It is so bad in the UK the banks want parents to co-sign the housing … Read more
via Max Keiser In the US, some 26 percent of people’s annual income goes to servicing non-mortgage debts. That’s up from 22 percent from 2010 and higher than during the mid-2000s. Max Keiser and Stacy Herbert of RT’s Keiser Report discuss how average Americans, who are not Warren Buffett or Jamie Dimon, are dealing with consumer debt … Read more
by Dr. Eowyn Hank Berrien reports for The Daily Wire, June 1, 2018, that May was a disastrous month for CNN’s primetime schedule, compared to 2017, ranking behind Fox and MSNBC. According to Adweek, compared to the same period last year: CNN’s total primetime viewers plunged 25%. Prime time is the period TV news advertisers traditionally look at … Read more
by Jim Quinn I wonder what happen next. May jobs report signaling strong growth ahead? Not so fast says Danielle DiMartino Booth… The jobs report for May shows even lower unemployment rates, but does that mean it’s showing enduring strength and growth? Danielle DiMartino Booth says not so fast. Danielle DiMartino Booth spent nine years … Read more
by Martin Armstrong After the first week, the new General Data Protection Regulation (GDPR) in Europe has done far more damage than Brussels ever anticipated. This regulation, which was intended to really prevent political marketing against the government, is actually destroying the German Internet. Operators have chosen to simply shut down their websites for fear of lawsuits. Many online … Read more
A drone mission has alarmed scientists monitoring the erupting Hawaii volcano. The latest aerial drone footage of the volcano has revealed dramatic changes within the volcano spotted at one of Kilauea’s main craters There are new alarming cracks and fault seen in a collapsed crater, some of which are spewing with intense steam. Scientists are … Read more
https://twitter.com/HenrikZeberg/status/1002555553388822528 Corporate debt to GDP is at its high point, all the while the underlying credit rating has continuously deteriorated. Another side affect of easy money. pic.twitter.com/f7vBGkVdiA — Michael Lebowitz, CFA (@michaellebowitz) May 31, 2018 dshort.com does some of the best work out there! It is a bubble, however as long as job growth and … Read more
https://www.youtube.com/watch?v=LIWwJ9QnfeA Cassandra Fairbanks for the Gateway Pundit reports, CNN’s White House Correspondent Jim Acosta was caught on video in the midst of a “meltdown” when the Secret Service didn’t recognize him on Wednesday. Read More/Source/Credit/FairUse: http://www.thegatewaypundit.com/2018/…
https://www.youtube.com/watch?v=D_1VBoEyu4M Cristina Laila for the Gateway Pundit reports, Another day, another Deep State leak to the New York Times. According to the New York Times, one of the memos McCabe penned last Spring reveals the former Deputy Director of the FBI feared Rosenstein helped provide Trump with a cover story for his Comey firing. Read … Read more
Andrés Manuel López Obrador is America’s worst nightmare If the candidate better known as AMLO wins Mexico’s July 1 presidential election, we are in big trouble. Obrador’s populist agenda worries economic experts at home and abroad. They paint him as a Hugo Chávez-style authoritarian “tropical messiah” who could turn Mexico into another Venezuela. He wants to: … Read more