Jim Rickards: The Looming Crisis You’re Not Hearing About That Experts Are Very Worried About

by Jim Rickards via Daily Reckoning All the talk about Russian tampering with the 2016 presidential election, which is vastly overstated by the way, diverts attention from the more fundamental problem: The vulnerability of America’s critical infrastructure to cyberattack by hostile actors. When I say critical infrastructure, I mean the power grid, hydroelectric systems, nuclear power plants, energy … Read more

The Press Conspire to Influence the Elections Come November 2018 to Overthrow Trump

by Martin Armstrong The FAKE NEWS is banning together to try to overthrow Trump and the Republicans this election season. They do not like to be called FAKE NEWS and act as if their “opinion” should dominate the country. Far too many newspapers “endorse” candidates and that is taking a political position rather than being objective reporters of the … Read more

Visualizing U.S. Millionaires by State of Residence

by visualcapitalist There are literally millions of millionaires in the United States. In fact, there are 7.1 million households in the country that have investable assets of $1 million or more. Impressively, this gives the U.S. a higher total population of millionaires than any other country in the world, even though China’s rapidly rising wealth is also quite … Read more

Welfare Generation? 52.1% of Kids Live in Households Getting Means-Tested Government Assistance

Will they be called The Welfare Generation? Today, they are Americans under 18 years of age growing up in a country where the majority of their peers live in households that take “means-tested assistance” from the government. In 2016, according to the most recent data from the Census Bureau, there were approximately 73,586,000 people under … Read more

So much for that “booming” economy. Warning signs everywhere. Try checking the consumers’ health, specifically credit card debt and auto loans.

https://twitter.com/GlobalProTrader/status/1032352429851987968 Odds of a recession getting closer per Bloomberg's neural net.algorithm pic.twitter.com/4ic3C3GzP8 — Not Jim Cramer (@Not_Jim_Cramer) August 22, 2018 For the first time in five years existing home sales fell for four consecutive months. Exactly what one would expect in an economy that according to President #Trump "is booming like it has never boomed … Read more

Foreigners cool on U.S. Treasuries as supply heats up

by stockboardasset via RTRS Foreign investors are showing signs of fatigue in absorbing the supply of Treasuries that is growing due to the U.S. government’s ballooning budget gap, posing a risk that bond yields will eventually spike. The rising stockpile of federal debt to finance a U.S. deficit that is projected to hit $1 trillion in … Read more

Slowdowns in China and India eat away at Asian oil demand

via RTRS SINGAPORE (Reuters) – Oil demand from Asia’s biggest importers, China and India, is growing more slowly than expected, exposing weakness in two of the world’s largest economies and eroding a key pillar of global petroleum prices amid trade tensions. The two countries buy a combined 12 percent of the world’s oil, and their … Read more

Pentagon Prepares 2020 Production Of Upgraded Nuclear Bomb, Releases Video Of Test-Drop

by stockboardasset The B61 nuclear gravity bomb, deployed at most U.S. Air Force and North Atlantic Treaty Organization (NATO) military bases, has almost five decades of service, making it the oldest bomb in the US stockpile. Numerous programs have modified the B61 for safety, security, and reliability since it entered service in the late 1960s, including four B61 … Read more

BREAKING NEW discovery: GIANT rogue planet FOUND TWENTY light yrs away!! could be brown dwarf; Magnetic field 200 times that of Jupiter!

A planet more than 12 times bigger than Jupiter has been found drifting alone through space around 20 light years away from Earth. The rogue planet is not attached to any star, and is the first object of its kind to be discovered using a radio telescope. Both its mass and the enormous strength of … Read more

FBI “made up’ need for intent for Hillary emails. The Left now IGNORING need for intent in campaign finance law.

https://twitter.com/johnwhuber/status/1032558179526303744?s=21 The end of the matter is that it WASN’T illegal. Period. They have nothing. Trump’s lawyer paid a bimbo hush money out of Trump’s personal funds to prevent a salacious story from being spread in the media. Mueller is arguing that because the salacious story would have hurt his presidential prospects, that this payment … Read more

San Francisco “Poop Patrollers” Make $185,000 What kind of applicant resumé rises to the top of the pile?

The surprisingly high figure is buried in the middle of the SF Chronicle’s story on Mayor London Breed’s morning walks along downtown streets with her staff, unannounced beforehand to her police force and department heads so she can view firsthand what common citizens endure on a daily basis. After quoting Mayor Breed, who acknowledges, “We’re spending a lot of … Read more