by whoami-now I received one of these as a gift for $50. I activated it today only to find out that it is a checking account, and because so, I am required to enter personal information (by law) for the checking account. There is no other way to access the funds. Upon activation, I was … Read more
by confoundedinterest17 Jaoan once again joins Switzerland as having the world’s only negative 10-year sovereign yield. And Japan has a curiouly flat (and negative) yield curve at tenors less than 15 years whle the US sovereign yield curve is lumpy between 1 month and 2 years. All hail the shining light of global banking.
via france24: The eurozone is moving to stop printing 500-euro banknotes, the violet-coloured bills that authorities fear are favoured by criminals, with most of the 19 nations in the currency bloc to halt issuing them next month. “As of 27 January 2019, 17 of the 19 national central banks in the euro area will no longer … Read more
by GoldCore – Are we to prepare for a global Debt Bubble Collapse in 2019? – 2019 to see the political and economic uncertainty of 2018 continue and likely to deepen – Investors lulled into a false sense of security by politicians, brokers, bankers etc. – Much “cheer leading” of the “economic recovery” narrative and … Read more
h/t MakeFr0gsStr8Again
The same company that warned about Russia bots created them. The IRS has three thousand handguns. The government shutdown continues and Trump is tweeting like crazy why we need the wall. Obama is building a ten foot wall around his house and Kerry wants a wall around his French estate. Trump tweets out about Syria. … Read more
by Jon Rappoport Alert to pension fund managers all over the planet—and to everyone else— “If 1,000 US and global pension fund managers start asking questions it could change everything – like stopping a nuclear war.” That’s a statement from former US Assistant Secretary of Housing and Urban Development, and now president of Solari, Inc., Catherine … Read more
by AIsuicide Note: The following are some of the key audits the State Department decided to focus on…there is a very brief summary of their findings after each….pay attention to the Treasury Foreign Intelligence Network audit specifically. Table 1. Review of Reports Performed by the Department of the Treasury OIG Report No. Report Date … Read more
Via The Babylon Bee WASHINGTON, D.C.—Under intense pressure from their left-leaning constituents to do something about the dangerous, Christian-founded restaurant chain, Democrats in the House of Representatives unveiled legislation Tuesday that would make it a hate crime to eat at Chick-fil-A. The CFAHATE Act Of 2018 would make it a hate crime punishable by federal … Read more
via commondreams: Journalist Rania Khalek, whose video was restored after public outcry, says the ability of social media giants “to disappear content as they please” is “creepy and alarming and should be loudly opposed.” After the New York Times on Thursday published an exposé of Facebook‘s global censorship rulebook, journalist Rania Khalek called out the social media giant for taking down a video in which … Read more
Rep. Mo Brooks (R-AL) suggested on Sunday that the Democrats do not want to secure the southern border because they want to change the voting electorate in the U.S. through immigration. “It is a very tough position that the Democrats have put us in,” Brooks began. “On the one hand you have got thousands of … Read more
by Leading_Breath Awhile back I asked why Georgetown is attended by so many young elite. It tops this list I am still confused as to why it is such an important university. Am I wrong to assume Ivy League Universities are for “plebs” and the real elite attend other institutions? than again Malia Obama is … Read more
Sargon of Akkad was banned from Patreon. It seems like Patreon wants to blame the payment processors Paypal and Stripe for the ban without directly throwing them under the bus and hurting their business partnership. h/t salvia_d
The Fed just exposed why they are against cryptocurrency, it has nothing to do with criminals using it, it has to do with the decentralization, they don’t like that part of it, because if you remove decentralization and try to centralize it, it will not work in the world. The Fed is a disaster for … Read more
by TFittonJW Never seen anything like it:
by Orangutan More tax money going to elected officials. Alabama this time. What could this society’s potential be with a lot less of this corruption, theft and greed. via theweek: Sheriff Todd Entrekin of Etowah County, Alabama, lost his re-election bid this year after he was found to have personally pocketed $750,000 allotted for feeding inmates in county … Read more
BY SRSROCCO If history is our guide, we are on track for a severe market meltdown in 2019. While the U.S. broader indexes remained in record territory for most of 2018, December turned out to be a complete disaster for stocks. So, even though the markets have reversed higher from their Christmas Eve lows, this … Read more
via Money Metals: It’s amazing what passes as a market these days. Stocks rallied during the Christmas week, and the mainstream financial press would like you to believe bargain hunters swooped in after the weeks of heavy selling to grab some deals. The truth is there are very few actual people still evaluating the merits of … Read more
Plastic waste inputs from land intothe ocean – Science Magazine This isn’t shocking. Look up the carbon output of China alone. Leftists want to save the world but don’t even know who they’re fighting against. Sad! h/t afriendlyalt
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter So, how hot is the Chinese Renminbi? And is the euro dead yet? The US dollar’s role as global reserve currency is defined by the amounts of US dollar-denominated assets – US Treasury securities, corporate bonds, etc. – that central banks other than the Fed are holding in their foreign exchange … Read more
by Charles Hugh-Smith The story of the 21st century is debt is soaring while earned income is stagnating for the bottom 95%. Best wishes to all my readers and correspondents for a safe, healthy and productive 2019. Thank you, longstanding supporters, for renewing your financial support at the new year without any pathetic begging on my … Read more
The stock market has been on a wild ride since October as the nearly two-year streak of new records has come to screeching halt. In its place, we have been treated to a healthy (or is it unhealthy?) dose of volatility. For some, this has meant that their 401k accounts have given back many … Read more
by Michael Snyder Now that the year is finally over, we can officially say that 2018 was the worst year for stocks in an entire decade. Not since the last financial crisis have we had a year like this, and many believe that 2019 will be even worse. And of course the truth is that stocks … Read more
by Lance Roberts The biggest problem for investors is always the bull market itself. When the “bull is running” we believe we are smarter and better than we actually are. We take on substantially more risk than we realize as we continue to chase market returns and allow “greed” to displace our rational logic. Just as with gambling, success breeds overconfidence … Read more
Stocks Post Worst Year In Decade… Wall Street concluded a tumultuous 2018 on Monday as the major stock indexes posted their worst yearly performances since the financial crisis. After solid gains on Monday, the S&P 500 and Dow Jones Industrial Average were down 6.2 percent and 5.6 percent, respectively, for 2018. Both indexes logged in their biggest annual losses … Read more