by John Coumarianos My title comes from Jeremy Grantham’s recent CNBC interview. This remark occurs in a discussion about likely returns from the U.S. stock market. Everyone at Grantham’s firm, Grantham, Mayo, van Otterloo (GMO), agrees that over the next two decades stocks will deliver around 2% after-inflation or “real” returns, says Grantham himself. Traditionally, the … Read more
Why did the power grid in Venezuela collapse? What caused the collapse of the electric grid in Venezuela? https://www.youtube.com/watch?v=xDcJKeKGtnE
Lead researcher Dr Gordey Lesovik said by putting scattered electrons back into their original shape they had effectively created a state which went against the ‘direction of time’ SCIENTISTS have built the world’s first time machine — sort of. Working with electrons in the bizarre realm of quantum mechanics, they first created the equivalent of a break … Read more
by Michael Snyder Is there anything left in this country that has not been deeply tainted by corruption? By now you have probably heard that dozens of people have been arrested for participating in a multi-million dollar college admissions scam. Enormous amounts of money were paid out in order to ensure that children from very … Read more
by Michael Snyder In the entire history of the United States, consumers have never been in so much debt. And that would not be a crisis as long as the vast majority of us were regularly making our debt payments, but as you will see below delinquency levels are starting to rise to extremely alarming … Read more
BRITAIN was last night plunged into chaos once again as MPs voted to kill off Theresa May’s Brexit deal by 391 votes to 242. Now 993 days after the referendum, and with just 17 days before Brexit, Brits are still in the dark about when or if we will ever leave the EU. Furious MPs … Read more
The acquisition created the world’s biggest toll-road operator. But it was costly. One of the acquiring companies is now in trouble because its bridge collapsed, killing 43 people. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Recently acquired Spanish toll-road group Abertis has announced one of the biggest special dividends in Spanish history, worth almost €10 … Read more
by Charles Hugh-Smith At that point, the only way to enable debt-serfs to service their debts is too give them free money, i.e. Universal Basic Income (UBI). Scrape away the churn and distraction and the problem is simple: the pie of prosperity is shrinking, and the “fixes” are failing. The status quo arrangement is based on … Read more
David Stockman interviewed on the X22 Report Spotlight The central bank of the United States, the Federal Reserve, has gone rogue, and now the time has come to restructure it. David Stockman explains…
The UK and the EU have reached an impasse in negotiations. May is preparing for another vote and it is happening very soon. The US National Security Council has now warned Italy not to join the Belt and Road initiative started by China. The Federal Reserve Chairman has appeared on 60 minutes, the question is … Read more
More layoffs are coming for the MSM. Feds arrest dozens in a college bribery scam, many of those involved are tv and movie stars. Rep Doug Collins releases Lisa Pages transcript. Schiff is panicking. JW is suing for communication between RR and Comey. US embassy staff are leaving Venezuela. Q drops more bread, the countdown … Read more
by Graham Summers of Gains, Pains, & Capital The economy has completely fallen off a cliff. The Atlanta Fed’s GDP Now metric which tracks economic growth in real-time has collapsed to 0.2%… as in barely above zero. This is why the Fed panicked in December and began desperately trying to prop the markets up. It’s also why corporate insiders, the … Read more
via Wall Street On Parade: Last Wednesday, the Federal Reserve Board of Governors rushed through a rule change to its stress test for the too-big-to-fail banks on Wall Street, putting it into immediate effect without the customary 30-day delay. It is further noteworthy that the Board did not get the customary unanimous vote to move forward with the … Read more
by WARREN MOSLER Trumped up expectations largely reversed: Highlights At 101.7, the small business optimism index fell short of expectations in February, recovering only 5 tenths of January’s 3.2 point dip. Econoday’s consensus was looking for 102.5 with the low estimate at 101.8. Employment plans lost ground for a second straight month with a turn lower … Read more
by Geoffrey Grider In March 2017, President Trump issued an executive order expediting the deployment of biometric verification of the identities of all travelers crossing US borders. That mandate stipulates facial recognition identification for “100 percent of all international passengers,” including American citizens, in the top 20 US airports by 2021. Facial recognition has been quietly building in the background … Read more
CNBC, Released on 3/12/19 “There’s no Trump boom; we’re near the end of this cycle.” David Stockman is a former Republican congressman from Michigan and was President Reagan’s budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David … Read more
via justice.gov: Dozens of individuals involved in a nationwide conspiracy that facilitated cheating on college entrance exams and the admission of students to elite universities as purported athletic recruits were arrested by federal agents in multiple states and charged in documents unsealed on March 12, 2019, in federal court in Boston. Athletic coaches from Yale, Stanford, … Read more
The federal government would largely abandon its longstanding commitments to keeping the poorest people in the country off the streets if President Donald Trump’s proposed budget for the Department of Housing and Urban Development (HUD) were adopted. The plan unveiled Monday is less detailed than the equivalent proposals HUD has put out each of the … Read more
READ: The transcribed interview of Lisa Page by the Committee on the Judiciary. READ: The transcribed interview of Lisa Page by the Committee on the Judiciary – Day 2. https://dougcollins.house.gov/page The 165 page report: https://dougcollins.house.gov/sites/dougcollins.house.gov/files/Lisa%20Page%20interview%20Day%201.pdf From Day 2. Page 92. Lisa Page states that she had no knowledge of Steele memos prior to September. … Read more
BRITAIN was tonight plunged into chaos once again as MPs voted to kill off Theresa May’s Brexit deal by 391 votes to 242. Now 993 days after the referendum, and with just 17 days before Brexit, Brits are still in the dark about when or if we will ever leave the EU. Furious MPs blasted … Read more
Kyle Long, 33, of Maine, charged with making criminal threats against Google •Arrested Sunday near Google’s main campus in Mountain View, California •Long was allegedly angry that YouTube, which is owned by Google, had shut down his channel and hurt him financially •Police in Mountain View had been warned about Long by officers in his … Read more
Look no further than recent moves in 10-year yields in Germany and Switzerland. The yield on the German Bund is in ZIRP (zero interest rate policy) territory at 0.06%. Meanwhile, Switzerland went NIRP (negative interest rate policy) earlier this year with its 10-year yield sitting at -0.35%. Translation? It’s a good time to be a … Read more
JW Uncovers DOJ Docs Showing Numerous Bruce Ohr Communications w/ Fusion GPS and Christopher Steele Read the full story here http://jwatch.us/KC9RvF Judicial Watch announced it received 339 pages of heavily redacted records from the U.S. Department of Justice which reveal that former Associate Deputy Attorney General Bruce Ohr remained in regular contact with former … Read more
NEW YORK (CBSNewYork) – Feeding animals in city parks could soon be outlawed. That means feeding birds and squirrels – which many people love to do – could mean fines or even jail time and that’s sparking a heated debate across the five boroughs. “I throw them under the trees,” Lucia Maris said, tossing some … Read more
by duFontaine. Rogan lusting over Dorsey…grow a pair Joe. Dorsey’s a sjw robot that believes his own bullshit. Tim is a stallion.