Do you think that a large number of people have 2 or 3 jobs which would skew the employment statistics? You know there’s a problem when people need a second job just to live a standard lifestyle. Nothing extravagant. Just your typical consumers. Today, we’ve seen the economic statistics pile up and they’re telling us … Read more
https://www.bitchute.com/video/uDQaerd0KZ0/ Black Pigeon Speaks just got nuked. h/t KOS
by: Stefan Gleason Imagine a world where every financial move you make gets recorded in databases that are accessible by any number of third parties – from bankers, to government bureaucrats, to data thieves. It’s the world of the cashless, all-digital economy. And it’s rapidly approaching. Fortunately, there are some steps you can take to … Read more
by Michael Snyder We continue to get more indications that U.S. economic conditions are going to deteriorate rapidly during the second half of this year. Yesterday, I reported on a brand new survey which found that 69 percent of U.S. CFOs believe that a recession is coming “by the end of 2020”, and today we learned that Morgan … Read more
But it helped high-income people buy homes. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The UK’s government’s flagship “Help to Buy” equity loan scheme, launched ostensibly to give cash-strapped first-time buyers a leg up onto the property ladder, has dished out billions of pounds of publicly subsidized loans to relatively well heeled homeowners … Read more
by David Haggith These are not the tiny champagne bubbles Don Ho used to sing about, but those greenish-gray floats of foam that pile up against harbor docks where the churn of the waves meets the oil spittle of boat motors. They are the economic froth that has piled up around us and is now … Read more
Founded in 2011, the company has developed a splendid infrastructure around blockchain technology, digital assets and precious metals to become one of the world’s leading retailers on the global precious metals market. It established the first fully licensed blockchain bank in the world, developed a blockchain solution payments and a native cryptocurrency, as well as … Read more
The start of the e-commerce era dates back to 1994. There were 600 million Internet users in China in 2014 (twice as many as in the US), making it the world’s biggest online market. China is also the largest e-commerce market in the world by value of sales, with an estimated US$899 billion in 2016. … Read more
by Charles Hugh-Smith If we look at these charts, it looks like only the top 10%, or perhaps the top 20% at best, might qualify as “middle class” by the metrics described below. The conventional definition of working class is based on income and education:the working class household earns between $30,000 and $69,000 annually, and the highest … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This, despite still ultra-low interest rates and the highest disposable income ever. Canadian households are known around the world for their uncanny ability to pile on debt. And American debt slaves, who’d gotten trampled during the Great Recession, turn out to be lackadaisical these days in comparison. The share of disposable … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Ecommerce is an existential threat to Walmart, and it’s furiously trying to get on top of it, whatever the cost may be. Walmart, determined in an existential sense to become a factor in ecommerce, has been spending vast sums of money to get there, including blowing billions of dollars on acquisitions … Read more
https://www.youtube.com/watch?v=8-iYR1xPxr8 John Salvatore from Flag and Cross reports, CNN hit an iceberg and they’re going down faster than the Titanic. Ratings for the fledgling network continue to drop. Read More/Source/Credit/FairUse: https://flagandcross.com/cnn-ratings-…
Israel Lobbyist suggests False Flag attack to start war with Iran. Patrick Clawson of the influential neo-con Washington Institute for Near East Studies OPENLY suggests that the US should do this with Iran. Gives historical examples.#NoWarWithIran #HandsOffIran pic.twitter.com/h2bJlb9qIm — Currie Dobson (@Ventuckyspaz) June 14, 2019
Josh Sigurdson talks with author and economic analyst John Sneisen about the imminent collapse of the Australian economy as the country drops interest rates. This is major news as this tends to put a spotlight on Australia in the domino effect of the global economy. With a housing bubble coming to its inevitable end across … Read more
For More Information See: https://www.infowars.com/maximum-alert-putin-issues-dire-warning-plus-us-border-completely-collapses/ https://www.reuters.com/article/us-usa-russia-putin/putin-says-russia-u-s-relations-are-getting-worse-and-worse-mir-tv-idUSKCN1TE0L7 https://www.mirror.co.uk/news/world-news/breaking-vladimir-putin-reveals-nuclear-13758493 https://www.usnews.com/news/business/articles/2018-12-20/putin-hails-another-year-of-russian-economic-growth https://www.reuters.com/article/us-usa-russia-putin/putin-says-russia-u-s-relations-are-getting-worse-and-worse-mir-tv-idUSKCN1TE0L7
https://overflow.solutions/demographic-data/what-states-have-the-largest-families-2017/ Data Notes In 2017, the average size of a family, living in a single household was 3.26 people. This data visualization explores how that differs by state. The data for this visualization comes from the U.S. Census Bureau’s 2017 American Community Survey 1-year estimates. For more information visit https://census.gov/acs I used R to pull … Read more
via northmantrader: I can’t emphasize this point enough: The fact that central banks are about to embark on a new easing cycle, here and now, represents a global fail of epic proportions the magnitude of which has to be appreciated with hard cold data. I’ve discussed some of this recently in Game Over, but the background data … Read more
Originally posted at RecessionAlert.com The Federal Reserve Funds Rate (Fed Funds Rate) is the interest rate that banks charge other banks for lending them money from their reserve balances on an overnight basis. By law, banks must maintain a reserve equal to a certain percentage of their deposits in an account at a Federal Reserve bank. … Read more
via Ben Ruffel: he tone was apocalyptic: “The U.S. federal budget is on an unsustainable path . . . . The scale of the nation’s projected budgetary imbalances is now so large that the risk of severe adverse consequences must be taken very seriously.” The growth in the American federal debt and deficit would soon produce … Read more
via scmp: US investment in China grew 7.5 per cent between January and May, year on year, a much slower pace than the 24.3 per cent recorded between January and April Mofcom spokesperson Gao Deng told a press conference in Beijing that the trade war ‘could cause a recession in the United States and global economies’ … Read more
https://twitter.com/UPFINAcom/status/1138958842576945152
From Dave Kranzler: The price of gold ran higher eight days in a row before today’s interventionist price smack. Technically, whatever that means, the gold price was likely due for a healthy pullback anyway. The price of gold is responding to what appears to be the Fed’s decision to begin cutting interest rates, though maybe not … Read more
from Financial Survival Network Al Caicedo is back… Savings Rate Plunges As Consumer Spending Soars By Most In A Decade. After lagged (govt shutdown) and mixed performances in the last two months, income and spending growth was expected to rebound notably in March (despite a weak signal from within the GDP data) and while income growth was … Read more
