Month: February 2019

by Ron Paul of Ron Paul Liberty Report Sen. Rubio (R-FL) travelled down to the Colombia/Venezuela border over the weekend to threaten a US invasion of Venezuela if a US “aid” convoy is not allowed to cross the bridge. Rubio’s sudden concern for the humanitarian situation in Venezuela smacks of hypocrisy, as he supported all US sanctions that … Read more

by WARREN MOSLER China Total Vehicle Sales Vehicle sales in China tumbled 15.8 percent from a year earlier to 2.37 million in January 2019, following a 13 percent drop in the previous month. It was the seventh consecutive annual decrease in vehicle sales in the world’s largest auto market and the sharpest since January 2012 … Read more

Utterly unbelievable scale of U.S. debt… The debt accumulated under Donald Trump would be enough to cover the inflation-adjusted cost of U.S. involvement in the Second World War This week, the United States national debt ticked above US$22 trillion for the first time, an amount equivalent to $67,000 per U.S. citizen. The U.S. federal government … Read more

New Mexico’s newly sworn-in governor stirs controversy after pulling the state’s National Guard from the southern border. One America’s Meghann Dyke’takes a look at the reactions to her decision across the state.       h/t duFontaine.

by Jesse Colombo U.S. student-loan delinquencies surged in 2018, hitting a record $166.4 billion in the fourth quarter. Bloomberg reports – Delinquencies continued to climb even as the unemployment rate fell below 4 percent, suggesting the strong U.S. job market hasn’t generated enough wage growth to help some people manage their outstanding obligations. Income levels for graduates … Read more

CBS’s Lara Logan Calls Media ‘Mostly Liberal’ in Scorched Earth Interview: I’m Committing ‘Professional Suicide’ In a recent interview, CBS News Foreign Correspondent Lara Logancritiqued the international “liberal” media while holding up outlets like Breitbart and Fox News as the opposite side of the coin. Logan spoke to retired Navy SEAL Mike Ritland about a variety of topics … Read more

by Michael Snyder We are getting dangerously close to war with Venezuela.  Last month, 35-year-old Juan Guaido declared himself to be the new president of Venezuela, and since that time 50 countries have recognized him as the legitimate leader of the country.  But Russia, China and much of the rest of the world still recognizes … Read more

Steele will not appear in front of the Senate. RBG pic in the NYT is not recent. Rubio pushing regime change in Venezuela. Trump wants Europe to take the IS prisoners (paid mercenaries) or he will release them. Q drops more bread, something big is about to happen, the DS is trapped and desperate. The … Read more

The credit markets are stalling, this is a sign that we are close to a recession. The markets are still increasing, moving towards an all time new high. China car sales in January declined the most in 7 years, China started a mass injection in to the system to prop up the economy. Trump and … Read more

by Michael Snyder  Economic numbers all over the world continue to get worse, and as you will see below, even New York Times columnist Paul Krugman is now warning of “an unavoidable global recession”.  Unfortunately, most Americans still have absolutely no idea that this is happening.  Most ordinary citizens are still under the impression that everything … Read more

by John Rubino The past five years have been baffling for gold bugs. In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries’ political systems – all of which should be great for safe haven assets – gold has spiked to around $1,350 four times, only … Read more

By David Stockman Rabobank: China’s Borrowing Was Insane: In January It Borrowed 5% Of GDP In One Month Yes, this is one month, and Lunar New Year means we need to see the February/March data too; but if the January pace is kept up China is already throwing the whole kitchen at the economy. It borrowed … Read more

via Daniel Lacalle  For 2019, the key factors that we need to think about are what is going to be the outlook on three levels: monetary, macro, and earnings. Watch my entire interview at Real Vision here. In general, considering where expectations are right now, we are still in a stealth downgrade mode, Industrial production, and ISMs are slowly descending … Read more

Paul Boise from The Daily Wire reports, President Trump has simply been on fire for the pro-life movement in 2019. On Thursday, just a little over a week after publicly defending the unborn during his State of the Union Address, the president met with pro-life advocate Alveda King, niece of Dr. Martin Luther King Jr. … Read more

by Chris   This is pretty funny, but it also says something about where we are in the bubble times too (and maybe more than a little about Sillicon Valley and how it’s so drunk on self-importance that it could not detect an in-its-face parody?). Here’s the set up: “Exactly 7 days before the October … Read more

by Dave In a recent interview with Richard Dolan, CAF talks about the missing money and a bunch of other things.  But buried in the interview was her oft-made observation about how the theme of Mr Global’s operation: centralizing profits. And that’s what Amazon has done.  They’ve centralized the profits.  Same with Google.  Same with … Read more