by Michael Lebowitz In, The Lowest Common Denominator, we quantified the extent to which growth of consumer, corporate, and government debt has greatly outstripped economic growth and our collective income. This dynamic has made the servicing of the debt and the ultimate pay back increasingly more reliant on more debt issuance. Fortunately, taking on more debt … Read more
by Martin Armstrong On March 11, 2011, when an earthquake-triggered tsunami damaged the nuclear power plant in Fukushima, Japan, Chancellor Merkel and her cabinet held that nuclear power in Germany had to come to an end. It was a historic event and a historic decision (see Der Spiegel). The new green deal of Merkel quickly became … Read more
by Dr. Eowyn It is said that for a democracy to work, there must the rule of law. If you disagree with a law, you don’t just refuse to follow it but work within the system to change the law. We hoi polloi, whom elites sneeringly dismiss as the “great unwashed,” who refuse to abide by … Read more
Financial writer and book author John Rubino warns, ““Pretty much the only way out for central banks is they will have to devalue their currency aggressively to keep the debts from blowing up on us and completely destroying the financial system. That is a great environment for gold. It will become more and more apparent … Read more
Voters looking ahead to 2020 are being bombarded with soundbites from the twenty plus Democratic would-be candidates. That Joe Biden is apparently leading the pack according to opinion polls should come as no surprise as he stands for nothing apart from being the Establishment favorite who will tirelessly work to support the status quo. The … Read more
Italy will soon become America’s top ally in Europe. They are giving up Mifsud and have already flipped on Brennan. — George Papadopoulos (@GeorgePapa19) June 11, 2019 h/t KOS
Yet that’s created a new, and potentially more dangerous, kind of risk. Precisely because roughly 85% of leveraged loans are held by non-banks, regulators are largely in the dark when it comes to pinpointing where the risks lie and how they’ll ripple through the financial system when the economy turns. More and more, critics are questioning whether … Read more
Financial Survival Network, Released on 6/11/19 Hard to believe but at least 25% of China’s bank debt is worthless. And worse still, if there’s a systemic crash, it could go a lot higher. But no one seems to be very concerned about it. After all the cure for bed debt is faster economic growth. But … Read more
‘Save Chick-Fil-A bill’ signed by Gov. Greg Abbott Author: Andrew Wilson Published: 1:48 PM CDT June 11, 2019 Updated: 1:49 PM CDT June 11, 2019 The bill originally came up after the San Sntonio City Council blocked Chick-Fil-A from opening a location in the airport due to reported donations to organizations that protest gay marriage … Read more
● Shot: “I have never witnessed a concerted effort by any news organization to take a stand one way or the other on a political issue, to damage one particular party or help another.” —CNN’s Jim Acosta, quoted by NewsBusters, yesterday. ● Chaser: —As spotted by Twitchy, yesterday. h/t ED
On 9th June, millions of Hong Kong citizens protested against the extradition laws to be enacted by the SAR government, an act considered to further diminish Hong Kong’s autonomy by allowing criminals outside mainland to be extradited. Around midnight, protestors stayed near the Legislation Coucil. Hong Kong Police evicted unarmed protestors and reporters with “reasonable … Read more
https://www.youtube.com/watch?v=dahf2RprwXw Jim Hoft from the Gateway Pundit reports, Lou Dobbs went off on the open border Democrats and leader Nancy Pelosi on Friday night. On Friday Lou Dobbs went off on the dangerous and deranged Democrats and their counterparts in the RINO establishment. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…
via dailywire: If a new law passes the Calfornia state assembly, major California cities will be required to keep and maintain “safe parking lots” for people who make their homes in cars and recreational vehicles. Cities like Los Angeles and San Francisco are already struggling with unmanageable homelessness — largely the result of longstanding, left-leaning … Read more
FLASHBACK: https://animeright.news/marshalllee/censorshipkills-you-next-posters-appear-in-la/ Google internal emails said to prove hatred for Christians, Conservatives & Americans https://www.breitbart.com/tech/2019/06/11/mike-cernovich-googles-internal-emails-will-reveal-hatred-of-christians-and-conservatives/ h/t KOS
via nationalreview: The other day Wonkette offered an article with a headline that declares — cleaning it up for your sensitive eyes — “Kamala Harris Doesn’t Have To Explain Herself To Your Dumb [Tushes].” Infuriated by headlines about a Harris speech declaring that she is defending her record as a prosecutor, Stephen Robinson writes: Is Harris on trial … Read more
I think when you — when you talk to Trump supporters, they’re not blind to his myriad flaws. But one thing they always say is he’s not politically correct. I don’t think you can under — overestimate how much people have been choking on political correctness and hate it. There were two studies about this … Read more
Trump calls for Investigation into Biden and China Just 10 days after Biden’s Trip to china. Bidens son, pens a multi billion dollar deal with the bank of china. h/t Jake
Would you buy a house if they offered you avocado toast? Could you resist the temptation?! You know the situation is bad when they have to lure people in with avocado toast. That’s what’s happening in Vancouver right now. Millennials can’t get enough avocado toast apparently and now they’re giving it for free. They just … Read more
https://www.youtube.com/watch?v=socYiwVsdu4 100% Fed Up reports, So the Dallas Police Chief is blaming society for the violent crimes criminals commit? This is the dumbing down of our criminal justice system and switching the blame from the criminal’s personal responsibility to blaming society for this person’s violence. Read More/Source/Credit/FairUse: https://100percentfedup.com/dallas-po…
A heartfelt apology.wav from Susan. Definitely to the right group too in the right direction . Also a much clearer clarification of what is already very not clear on the exciting new renewed platform youtube.com.exe after policy changes on verified events. AC
that rising levels of corporate debt pose risks to the financial system because they could amplify a downturn. financial reform law to prevent a repeat. The law created a process for quick and efficient liquidation of a failing large financial institution — a significant improvement. http://www.ft.com/cms/s/881cdd9a-7587-11e9-b0ec-7dff87b9a4a2,s01=1.html?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev&yptr=yahoo
via mishtalk: Italy threatens to create a parallel currency dubbed the Mini-BOT. If launched, it could lead to a Eurozone breakup. Italy’s is on a collision course with the EU in two different ways. The first regards Italy’s budget. Outgoing European Commission President Jean-Claude Juncker warns Italy faces an “Excessive Deficit Procedure” and may be fined … Read more
via pentoport: The buy and hold mantra from Wall Street Carnival Barkers should have died decades ago. After all, just buying stocks has gotten you absolutely crushed in China for more than a decade. And in Japan, you have been buried under an avalanche of losses for the last three decades. And even in the good … Read more
The Ryzen 9 3950X has 16 cores, 32 threads, 4.7-GHz boost frequency, 3.5 GHz base frequency, and 72 megabytes of cache. It runs on 105 watts and will be shipping in September, Su said. And she said it is competitive with the competing Intel i9-9900K processor at less than half the price of what Intel … Read more