via scmp: China’s need for US dollars to repay debts, pay for imports and fund Belt and Road initiative projects may exceed its US$3.1 trillion in foreign exchange reserves Anbang Insurance Group, Dalian Wanda Group and HNA Group have all been pressured to sell assets amid the trade war with the United States This is the … Read more
via aier.org: Student-loan debt hit an all-time high of $1.4 trillion in the first quarter of 2019, Experian claims. Considering that this is an increase of 116 percent in the last decade, it’s safe to say that young adults are starting their lives with a crushing debt burden. But student loans aren’t the only reason they are … Read more
Authored by Sven Henrich via NorthmanTrader.com, They’re right. It IS different this time. It’s worse. Much, much worse. What is? Everything. In terms of preparedness for the next recession that is. Debt is higher than ever, be it corporate debt, government debt, central banks balance sheets, available ammunition to deal with a new recession, wealth inequality, the … Read more
by howmuch Since 2010, the United States and China have had the world’s largest economies by GDP. But one interesting difference is that the U.S. is the world’s biggest importer while China is the world’s biggest exporter. The U.S. is currently China’s biggest trade partner, but recent talks about tariffs have highlighted the imbalance of imports and exports between the … Read more
Authored by Jesse Colombo via RealInvestmentAdvice.com, While most people – including mainstream economists – seem to believe that our bubble problems ended when the U.S. housing bubble burst in 2008, the reality is that there are even more bubbles forming today than before the Great Recession. I listed the bubbles that I am warning about in a detailed piece … Read more
via aier.org: Inequality is possibly the buzzword of our day, having been called “the biggest challenge of our time” by the likes of Oxfam and being seen across the political spectrum as one of the most crucial issues today. It is argued that our economic – supposedly capitalist – system would lead to more wealth for ‘the rich’ … Read more
This video features the countries with the highest inflation rate in the world since 1980. Many of the countries in this video has had hyperinflation that has a very big impact on the countries ecomomy. Recent examples are Zimbabwe and Venezuela.
by shewent (Tools) Basic Excel (Source) CPI 1984-2017 (manually adjusted income and housing prices to 2017 dollars using average cpi per year) data fromhttps://beta.bls.gov/dataViewer/view/timeseries/CUSR0000SA0 Median Sales Price of New Homes Sold in the US 1963-2017 data from https://www.census.gov/construction/nrs/pdf/uspricemon.pdf US Median Household Income data from https://www.census.gov/data/tables/time-series/demo/income-poverty/historical-income-households.html
#Vehicle sales across key regions % y/y, 3mma : US, China, India, EU pic.twitter.com/KzqVkV7on7 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) June 17, 2019 Help is on the way. pic.twitter.com/010nadoUq4 — Carl Quintanilla (@carlquintanilla) June 20, 2019
via MarketWatch: U.S. consumer debt hit $14 trillion in the first quarter of 2019 Consumer debt is growing to worrisome levels. Ben Mohr, senior research analyst of fixed income at investment consultant Marquette Associates, calculated that total U.S. consumer debt hit $14 trillion in the first quarter of 2019, surpassing the roughly $13 trillion … Read more
by SP Several author’s come from the perspective that a global elite (the globalists) are about to crash the global economy as a part of their efforts to re-engineer the global geopolitical structure through chaos, with them in charge, of course. One is Brandon Smith writing here. Iran War Looming War with Iran at this time makes … Read more
Starting July 1st, eBay will automatically collect sales taxes from buyers whose shipping address are in the below states: AL, AR, IN, KY, NM, OK, PA, RI, SD, VA, WV, WY, VT Other states to be added to the list on October 1st: CA, ND, SC, TX, UT Previous states added earlier this year: MN, … Read more
enator Wants Facebook, Google to Face Suits If They Show Political Bias Technology platforms such as Facebook Inc. and Google’s YouTube could face a flood of lawsuits unless they can demonstrate their treatment of users’ content is politically neutral, under a measure that U.S. Senator Josh Hawley’s office said he would offer Wednesday. The proposal … Read more
I’ve followed her for a while and she’s really sharp, definitely knows her stuff. I think she maybe onto something with regards to the overall grand strategy Lighthizer has put together to confront China. And what the administrations ultimate objective may be. via @Trinhnomics: 1) What is Trump’s ultimate game? RECIPROCAL TRADE & INVESTMENT. Pissed off … Read more
Beyond Meat has blown up. Since going public in early May, the stock has raced nearly 600% higher, taking its market cap above $10 billion. The plant-based meat company is now larger than 80 S&P 500 companies, including Macy’s, Xerox and Mylan. While Beyond Meat is by far the market’s biggest IPO success story this year, it’s not the only … Read more
by Natura Naturans The 10Y US Treasury yield is now down 11bps from the FOMC Statement, plunging back below 2.00% for the first time since November 2016, erasing almost the entire move since President Trump was elected… Gold has spiked up to almost $1400… As the US dollar sinks: The “jaws of death” opens wider, the … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Vancouver housing bubble sags. Toronto down 3.4% from peak. Calgary and Edmonton back to 2007. Montreal sets new record. National index ticks up the least for any May in 21 years of data. Home prices across major metros in Canada ticked up 0.5% in May from the prior month, the slowest … Read more
by Charles Hugh-Smith The political moment when the “losers” connect their discontent and decline with central bankers is approaching. The Ruling Elites’ Chattering Classes still haven’t absorbed the key lesson of the 2016 U.S. presidential election: the percentage of the populace that’s becoming wealthier and more financially secure in the bloated, corrupt, self-serving Imperial status quo … Read more
by Michael Snyder In a key seismic zone approximately 40 miles east of downtown Los Angeles, there have been more than 1,000 earthquakes since May 25th. Needless to say, it would be quite alarming for the entire state of California to experience more than 1,000 significant earthquakes in just 3 weeks, but in this case … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Ecommerce and the globalization of retail crush distribution channels, wholesalers, local retailers, large retailers, prices, and margins. Transcript of my podcast on Sunday. You can listen to my podcasts on YouTube. Walmart, Macy’s, Best Buy, Home Depot, Nordstrom, etc. — they all spend vast sums of money building out their ecommerce sites and their … Read more
by Egon von Greyerz At the beginning of last week, I was challenged with a wager on the gold price. The individual, who called me a “gold pumper”, wanted to bet $1 million on the gold price going below $1,000 before it reached the Maginot Line at $1,350. Since the gold price was $1,325 when I … Read more
Josh Sigurdson reports on the “Economics Bill Of Rights” put forward by Bernie Sanders, the Presidential hopeful and Senator from Vermont who we recently confronted for his support of the USSR in the 80s. Interestingly, his new “Economics Bill Of Rights” almost entirely copies the 1936 Soviet Constitution. In this video we break down the … Read more
Sharing dated News articles now considered Disinformation (Link to article below) https://www.cbc.ca/news/technology/ol…
https://www.youtube.com/watch?v=Rhpu8AkPlgY Recently a number of researchers discovered that the FBI was using its own posts as evidence for a search warrant for IPs on 8chan. I go into this as well as some other things in this video.
Momentum looks very strong, despite the close only slightly up. pic.twitter.com/lhsbIZyIW2 — user_error.html (@pianomikey1) June 19, 2019