via zerohedge: No country has better exemplified the global automobile recession than China. Sales for the world’s largest auto market continue to deteriorate, with the latest report confirming that passenger vehicle sales in China tanked yet again – this time dropping 16.6% year-over-year to 1.54 million units, following a 12% decline in March and an 18.5% slide in … Read more
James Corbett, one of the best researchers on the internet, answers this and much more in this very important documentary. h/t Playaguy
https://www.youtube.com/watch?v=IOocLrLcia8 I Love My Freedom reports, The Senate Intelligence Committee has officially sent a subpoena Donald Trump Jr.’s way. It has to do with Russia because doesn’t everything? Now, Democrat Senator Dick Blumenthal is calling for Jr. to be jailed if he fails to comply. Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/watch-afte…
by Alasdair Macleod via Mises Wire Behind the Huawei story, we must not forget there is a wider financial war being waged by America against China and Russia. Stories about China’s banks being short of dollars are incorrect: the shortage is of inward capital flows to support the US Government’s budget deficit. By attracting those global portfolio flows instead, … Read more
by Martin Armstrong QUESTION: Dear Martin, During the WEC in Rome you’ve mentioned that center of finance moving to Asia after 2032. I’m wondering if work ethics from a country with no religion can be sustainable for so many years? My assumption is if the religion helped to shape the Europe’s success (and not any other … Read more
https://www.youtube.com/watch?v=8ailbe0rhYc I Love My Freedom reports, Democrat presidential candidate Joe Biden declared this week that the United States has an “obligation” to give taxpayer-funded healthcare to illegal aliens. During a campaign stop on Wednesday in California, the former vice president told the crowd that illegal aliens — who broke the law to enter the U.S. … Read more
https://www.youtube.com/watch?v=WYgdYHHLmx4
https://twitter.com/Mike_evan45/status/1121240077282291712 h/tKOS
By David Stockman When even the Wall Street chart-monkeys are getting vertigo, it’s time for a plan on how not to become: COLLATERAL DAMAGE. As the markets first rebounded to ever more ludicrous heights after the Christmas Eve warning shot, and are now stumbling hard once again, a singular question becomes increasingly urgent. To wit: … Read more
Link to Open Office Alternative to Microsoft Products, and it’s FREE: https://www.openoffice.org No, I am not making money off this. Just sharing the news for others who don’t know this is available. AC
This article was written by Mac Slavo and originally published at SHTFplan.com When the average everyday American begins to have trouble paying their bills, it’s most often a sign that the economy is not doing that well and we’ve reached that point. Credit card delinquencies have now reached and 8-year high, with no reprieve in sight. … Read more
by Shaun Richards A feature of the credit crunch era has been policies which have been favourable for the housing market and house prices in particular. Central banks first cut official short-term interest-rates and then followed it up with Quantitative Easing and credit easing all of which reduced mortgage rates. As well as this the … Read more
2018 NACUBO Tuition Discounting Study: In the 2018 NACUBO Tuition Discounting Study, 405 private, nonprofit colleges and universities reported an estimated 52.2 percent institutional tuition discount rate for first-time, full-time students in 2018-19 and 46.3 percent for all undergraduates – both record highs. This means that for every dollar in gross tuition and fee revenue collected … Read more
via cnn: Republicans have come a long way since 2012, when I ran Mitt Romney’s campaign in Ohio. President Barack Obama took an op-ed Romney had written with the headline “Let Detroit Go Bankrupt” four years earlier and used it to slam the GOP. Romney never had an answer to Obama’s attack depicting Romney as a … Read more
Trump 2020. China can just kiss my bum hole. We owe them nothing. AC
Sweden’s Director of Public Prosecutions Eva-Marie Persson has announced that the investigation into allegations of sexual assault by whistleblower and WikiLeaks founder Julian Assange has been reopened. The sexual assault charges were leveled against Assange in a case which began almost a decade ago, before he sought refuge in the Ecuadorian Embassy in London in … Read more
By Cyril Widdershoven U.S. sanctions on Iran are now really starting to bite. In contrast to what European media portray, Iran’s oil and gas exports are plunging. Tehran’s ability to supply its Asian customer base has been largely blocked, as Washington has decided not to extend the waivers given to China, India or others to … Read more
By Irina Slav A tiny South American country until recently known mostly as the location of one of the worst mass suicides in modern history is about to acquire a whole new reputation, and this reputation has to do with its oil wealth. Guyana, sandwiched between Venezuela and Suriname, has in just a couple of … Read more
Via AdventuresInCapitalism.com, I have been highly critical of the Profitless Prosperity Sector (a.k.a the Ponzi Sector). The sector consists of companies that are effectively Ponzi Schemes; in that they have accelerating losses but show blistering growth rates in order to attract new capital. This all worked fine when companies kept their free floats small enough to be … Read more
by David Haggith So much for the trade war being “good and easy to win.” Let’s be honest. Trump has been grinding away on it for almost a year now, and China has barely flinched in its negotiations. On Friday the tariff war became personal because it will now tap your own budget and every business … Read more
CHINA SAYS TO RAISE TARIFFS ON 2493 U.S. GOODS TO 25% pic.twitter.com/BJRlcp6Shn — Alastair (@StockBoardAsset) May 13, 2019 say goodbye to the 2h growth rebound narrative – we're now experiencing worst-case scenario for equity markets https://t.co/FwdVgBqFQM — Alastair (@StockBoardAsset) May 13, 2019 U.S. stock futures pointed to sharp losses on Monday after China decided to … Read more
Saudi oil tankers including one bound for US hit by ‘sabotage attack’ amid Iran standoff TWO Saudi oil tankers were hit by a “sabotage attack” off the United Arab Emirates, it was announced this morning – as tensions flare between the US and Iran. The ships were struck off the coast of the port of … Read more
by visualcapitalist Building an enduring business isn’t easy work. It can take decades to earn trust and respect in a given market, and it only takes one terrible miscue to unravel all of that goodwill. As a result, it’s no surprise that the world’s best CEOs think a lot about evaluating these kinds of risks. So … Read more
by Michael Snyder Unless someone backs down in a major way, this trade war is going to last for a very long time, and the Chinese have made it exceedingly clear that they are never going to back down on the core issues. So that means that the only way out is for President Trump … Read more
by Charles Hugh-Smith The world appears to be tiring of globalization and hegemons, and that trend may doom the Belt & Road to irrelevancy. The conventional narrative holds that China’s Belt & Road Initiative is cementing China’s global superpower status. There’s an alternative narrative, however: it’s a decade too late. From this perspective, global trade has … Read more