Is Lyft profitable?

Of course not. Neither are most other overhyped #IPOs in the pipeline. Last yr had the highest percentage of $$-losing cos. selling shares ever in fact. Yet many investors either don't see (or choose to ignore) obvious parallels to the dotcom era. Lot of $ is going to be lost IMO pic.twitter.com/3fHrsCnChW — Mike Larson … Read more

China in a nutshell – Debts mount, their settlement slows – cash flow dwindles, balance sheets expand. Narrow money badly lags broader aggregates.

via @CantillonCH: China’s Banks Have a Hidden Wave of Bad Debt Factor in the amount of soured loans they stripped from their balance sheets last year, and the situation looks a lot more troubling. China’s banks may have a flood of bad loans waiting in the wings. Not that you’d know it from looking at official … Read more

Tucker Carlson’s show hits #1 spot! Advertisers may be nervous over the Media Matters fight. Viewers are loving it

via spectator: Tucker Carlson hosts his show Tucker Carlson Tonight There have been endless, gleeful reports about Tucker Carlson’s Fox News show losing nervous corporate advertisers. Far less attention has been paid to the fact that, for the last few days, his news show’s ratings have been creeping up. A week is a long time in … Read more

Doug Casey on Modern Monetary Theory

via caseyresearch: Justin’s note: The left has a new obsession… Modern Monetary Theory (MMT). MMT is an economic theory which essentially argues that the U.S. government wouldn’t need to collect taxes or borrow money to finance spending. It could simply print more money if necessary. Now, this concept isn’t new. It’s been around for decades. But its … Read more

Media Saturation & Criminal Hero Worship: The Apotheosis of Evil Behind the Veil of Journalism

https://www.youtube.com/watch?v=MIKbTyE4qIU “America puts killers on the cover of TIME magazine, giving them as much notoriety as our favorite movie stars,” Marilyn Manson wrote in a Rolling Stone article after the Columbine High School shooting. “From Jesse James to Charles Manson, the media, since their inception, have turned criminals into folk heroes.” http://www.rollingstone.com/culture/n…      

Double Standards: Charge Cohen NOW!

To the Left the law is a weapon to be used against their enemies. Remember how the Cohen hearing kept getting delayed? It was probably because Cohen needed more time to memorize his lines he received from Schiff and the dems. He still couldn’t keep his story straight.   AC

Britain – Hard Exit or Cancellation of BREXIT

by Martin Armstrong   After months of political deadlock, the House of Commons voted by 413-202 last week to ask the EU to delay Britain’s exit. Prime Minister May has simply refused to listen to advice and keeps hoping that Parliament will surrender to her. Normally, after such a defeat, Prime Ministers would resign. But … Read more

Global Recession & Hard Landing

by Martin Armstrong QUESTION: Mr. Armstrong, it is becoming very obvious that we are headed into a recession here in Europe. I have never felt how ominous things seem as they do right now. Will you be covering Scandinavia at the WEC in Rome? ANSWER: Yes. We will be focusing on the political & economic crisis that is … Read more

GRIM OUTLOOK: Forecast Group Says Economy At ‘Very Real Risk’ Of Recession In 2020

by Mac Slavo of SHTFplan The UCLA Anderson Forecast announced Wednesday that the United States economy is at a “very real risk” of falling into a recession in the year 2020.  “A year ago we were looking forward to a synchronized global expansion; today we are starting a synchronized slowdown,” wrote David Shulman, a senior economist at the forecast … Read more

Donald Trump Jr. op-ed: Conservatives face a tough fight as Big Tech’s censorship expands

via thehill: As Big Tech’s censorship of conservatives becomes ever more flagrant and overt, the old arguments about protecting the sanctity of the modern public square are now invalid. Our right to freely engage in public discourse through speech is under sustained attack, necessitating a vigorous defense against the major social media and internet platforms. From … Read more

US markets quiet to start the week as German government gives approval to merger of Deutsche Bank and Commerzbank

by QuantalyticsResearch US Stocks Preview Ahead of the Open US stocks index futures are little changed to start the week with front month Dow Jones minis –0.16%, S&P 500 minis +0.10% and Nasdaq 100 minis +0.12% The German government has given its approval to a merger of Deutsche Bank and Commerzbank following news that German Finance Minister … Read more

Millennials Say Life More Stressful Now Than Ever Before… Slow WiFi, Broken Phones, Zero ‘Likes’ On Socials

via studyfinds: From slow WiFi to broken phone screens to zero “likes” on social media, everyday stressors are causing young adults to have struggles falling asleep 138 nights each year, researchers say. NEW YORK — Smartphones and digital technology are supposed to make our lives easier, but for young adults, it seems that things may only be … Read more