Month: April 2019

Scientists create ‘living’ machines that eat, grow — and evolve… Experts sound alarm over human-monkey hybrid

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Cornell scientists create ‘living’ machines that eat, grow, and evolve The field of robotics is going through a renaissance thanks to advances in machine learning and sensor technology. Each generation of robot is engineered with greater mechanical complexity and smarter operating software than the last. But what if, instead of painstakingly designing and engineering a robot, you … Read more

London Home Prices Had Biggest Monthly Drop Since Lehman

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February was bad. Housing market weakness is now spreading out from London. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. London home prices in February took their biggest one-off hit since the dark days of the last crisis, according to data published Thursday by the UK’s Office of National Statistics. The average price of a residential … Read more

Next Week Obama GOES DOWN For Spying On Trump – New Evidence To Drop Will PUT HIM IN JAIL!

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Jim Hoft from The Gateway Pundit reports, The Hill’s John Solomon joined Sean Hannity on the eve of the release of the full Mueller Report on Thursday. Solomon told Sean Hannity that the spying on the Trump campaign began back in January 2016 and it was all run by the Obama White House. https://www.youtube.com/watch?v=6oqYqRIR9A8 Read … Read more

Robinhood brought in more than 40 percent of its revenue in early 2018 from selling its customers’ orders to high-frequency trading firms

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via CNBC:   Robinhood’s co-founder and CEO Vlad Tenev defended the practice in a blog post. Tenev said like its broker-dealer peers, the start-up “participates in rebate programs which help customers get additional price improvement for their orders by creating competition amongst the exchanges and liquidity providers who fill the orders, often resulting in superior … Read more

This is all very 1929ish type behavior!

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via @mcm_ct: How much COLLUSION was involved to make this happen after the Dec 27 calls to hedgefunds and likely guarantees against losses offered to banks and HF’s by the admin and Fed…for BUYING markets – this is all very 1929ish type behavior! via @C_Barraud: #SPX | Factset: Analysts still expect an earnings recession with: *a 3.9% … Read more

Man arrested for trying to start a fire with gasoline at NY’s St. Patrick Cathedral

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by Dr. Eowyn St. Patrick’s Cathedral in Manhattan, New York City, narrowly avoided a fate like France’s Notre Dame Cathedral. On Wednesday, April 17, 2019, the New York City Police Department (NYPD) tweeted that around 7:55 pm that evening, “a man walked into St. Patrick’s Cathedral in Manhattan with gas cans and lighter fluid,” and was apprehended … Read more

The Debt Crisis Is Around The Corner: David Morgan

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The Morgan Report, Released on 4/19/19 David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David’s educational mission … Read more

It’s 2016 All Over Again. Or Is It? The Fate Of The Global Economy Rides On The Answer

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by Chris Martenson propertyesp.com.au Conditions today mirror 2016, when growing weakness in the global economy and wobbling financial markets caused the world’s central banks to absolutely freak out. They responded by dumping more thin-air money into the system than ever before in history. And it worked (for them at least). Economic growth stabilized; and the … Read more

Economic Collapse Confirmed! $9 Trillion Dollar Darkness Of Corporate Debt 2019 Stock Market CRASH!

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by Amy S.  Since the last economic collapse and market crash, we have witnessed the greatest corporate debt binge in U.S. history. Corporate debt has more than doubled since then, and it is now sitting at a grand total of more than 9 trillion dollars. Of course there have been other colossal corporate debt binges throughout … Read more

Washington State Politicians Drop Cynical Attempt to Impose Taxes on Gold & Silver

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by Money Metals  Sound Money Group, In-State Dealers, and Grassroots Activists Deter Tax-Hungry Politicians Well, here’s some encouraging news… Efforts in Washington State to impose sales taxes on gold and silver were SHUT DOWN today thanks to intense efforts by the Sound Money Defense League, a group of in-state coin dealers led by Dan Duncan, the … Read more

Americans Are Financially And Mentally Unstable: Crippling Debt Is Linked To Chronic Depression

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Mac Slavo April 18th, 2019 SHTFplan.com Americans have become increasingly dependent on debt while at the same time suffering from record high rates of chronic depression. But they probably have a lot to do with each other – perhaps more than we originally thought. In 2018, 36% of Americans admitted to losing sleep over money concerns. That … Read more

The Eurozone Slowdown Is Leading The Global One Slowdown

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Authored by Daniel Lacalle, One of the most repeated messages among European financial analysts this week is this: “we are in a global slowdown”. However, the sentence hides important nuances and very relevant differences. The European Union suffers a severe slowdown. The rest of the world only a moderate reduction in the pace of growth. Data from the United … Read more

How Empires Fall: Moral Decay

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by Charles Hugh-Smith There is a name for this institutionalized, commoditized fraud: moral decay. Moral decay is an interesting phenomenon: we spot it easily in our partisan-politics opponents and BAU (business as usual) government/private-sector dealings (are those $3,000 Pentagon hammers now $5,000 each or $10,000 each? It’s hard to keep current…), and we’re suitably indignant when non-partisan corruption … Read more

California’s Housing Bubble Counts on Blistering Population Growth, But it’s Fizzling

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Los Angeles population drops, San Francisco & Silicon Valley population rises least since 2010, North Bay’s population drops. The housing market in California with its sky-high home prices depends on blistering population growth. So here we go. The population of Los Angeles County, at 10.1 million, declined by about 13,200 people … Read more

Fund Manager: The Stock Market’s Greater Fool Theory

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by Dave Kranzler of Investment Research Dynamics The current stock market is the most dangerous stock market I have seen in my 34+ year career as a financial markets professional. This includes 1987, 1999-2000 and 2007-2008. The run-up in stocks has been largely a product of momentum-chasing hedge fund algos on behalf of the large universe of sophisticated … Read more

Housing starts, Unemployment claims, China

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by WARREN MOSLER Still heading south: In addition to tightening requirements, states have found other means to keep people from receiving benefits: Has the economy made it arder to get unemployment benefits? Not every terminated employee is eligible to receive unemployment benefits. You have to earn a minimum amount to even qualify; you cannot quit … Read more

Trump’s Oil Waiver Decision Is A Double-Edged Sword

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By Tim Daiss Tokyo is still trying to prevent being caught in the geopolitical cross-fire between Washington and Tehran. On Friday, Japan’s Minister of Economy, Trade, and Industry (METI) Hiroshige Seko said that his country remains committed to avoiding any harmful impact from U.S. sanctions on Iran, as it sees the OPEC member important for … Read more