Month: April 2019

US Still Cleanest Dirty Shirt Among Manufacturing Giants, Germany Drops to Debt Crisis Levels, Japan Contracts, China Counts on Government Bailout of Private Sector

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But the US shirt is getting dirtier. Germany’s manufacturing data “makes for uncomfortable reading.” Much of the glowing press coverage today was focused on the uptick in manufacturing data coming out of China, as reported by the Caixin Manufacturing PMI (Purchasing Managers Index) and the Official Manufacturing PMI, both of which … Read more

NYC to spend taxpayer funds protecting illegals

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via neonnettle: Quote:NYC officials announced this week they have added an extra $1.6m in funding to pay for the attorneys on top of the $10 million the city already allocates to cover legal costs for illegal aliens. On Thursday, New York City Mayor Bill de Blasio and New York City Council Speaker Corey Johnson, both Democrats, … Read more

Penn State fire 11,000 acres burned from forest fire now contained, but still burning

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https://www.youtube.com/watch?v=BLMPW-48ifU A wildfire that began in the Penn State Forest grew over the weekend to approximately 11,600 acres – or a little more than 18 square miles – but firefighters were well on their way to total control over the fire by Sunday and the fire was completely contained by 9 a.m. Monday. https://marygreeley.com/?p=83581   … Read more

London Property Slide Worsens With Biggest Drop Since 2009

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by GoldCore via Bloomberg – 3.8% fall y/y in Q1, the seventh straight decline in values – Nationwide – Nationally, U.K. real-estate market remains ‘subdued’ – Some of the weakness relates to Brexit as economic uncertainty impacts sentiment London continued to lead the U.K.’s weakening property market at the start of 2019, with prices falling the most … Read more

Peter Schiff: US Economy Not As Strong As President Trump, Wall Street & MSM Pretend

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Peter Schiff interviewed by Christopher Irons on Quoth The Raven Economist Peter Schiff joins me to talk about assertions that he’s “bad for TV”, Jerome Powell’s recent rate capitulation, the state of the gold market, why he thinks the gold standard will eventually come back, why the dollar will collapse, the sorry ass state of the financial media, the … Read more

Australia May Start Economic Armageddon

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by John Adams and Martin North from In The Interests Of The People John Adams (from Adams Economics), Martin North and Irish Financial Advisor Eddie Hobbs (who predicted the 2007-08 Irish Housing Crisis) have put forward a radical thesis that Australia may be the first country to suffer an economic crisis which may disrupt the global financial system potentially causing … Read more