by WARREN MOSLER Still in contraction: China Imports Tumble in June Imports to China plunged 7.3 percent from a year earlier to USD 161.86 billion in June 2019, much worse than forecasts of a 4.5 percent drop, a further sign of weak domestic demand that could lead Beijing to add more stimulus. Purchases fell for: … Read more
The Air Force gave a word of caution to the thousands of people planning to storm Area 51 in Nevada later this year, warning the UFO enthusiasts that the military “stands ready to protect America and its assets.” Pressed by The Washington Post on Friday about how officials plan to respond to those who turn up to the Nevada … Read more
You can’t make this stuff up.. Fox News post a video with the title ” Former Epstien Attorney Ken Starr.. I saw that and my mind exploded!! Why have I not heard of this yet? Ken Starr https://en.wikipedia.org/wiki/Ken_Starr AC
Here we are, 10 years out from the Financial Crisis and people still haven’t been able to accumulate enough savings, enough wealth to retire. With expenses always rising, it’s difficult to be able to keep up when income stays flat. In a recession, pension funds lose ground and do not make it back. 401k’s are … Read more
We’re STORMING AREA 51! BLACK VESTS? Why FTC $5 Billion Fine Actually Helped Facebook. presearch – https://www.presearch.org/signup?rid=…
CALIFORNIA WIL SHARE HER MISERY WITH ALL OF YOU IN THE OTHER 49 STATES THANKS TO AN OLD FEDERAL LAW! IN CA Half of the medicaid comes from the federal government! Nationwide taxpayers will be paying for ILLEGALS TO GET FREE HEALTH CARE! THEY ARE ROBBING US OF OUR TAX MONEY!!! You forgot EBT cards, … Read more
Lights back on after Con Ed equipment failure plunges much of Manhattan into the dark on a summer Saturday night Broadway went dark along with much of Midtown and the Upper West Side on Saturday night when a Con Ed equipment failure cut power to hundreds of thousands of people in Manhattan. Straphangers were led … Read more
Forbes ran an article he or his staffers ghost-wrote. As the New York Times reports, “Jeffrey Epstein Was a Sex Offender. The Powerful Welcomed Him Anyway.” A strange thing happened when Jeffrey Epstein came back to New York City after being branded a sex offender: His reputation appeared to rise. In 2010, the year after he … Read more
BY SRSROCCO If the rapid decline rate or the massive debt doesn’t destroy the U.S. Shale Industry, the finance costs most certainly will. The amount of interest expense the shale companies have paid to finance business and increase production is stunning, to say the least. But, the real problem for the shale industry, isn’t the … Read more
by Simon Black Here’s our weekly roll-up of the most absurd and concerning articles we came across this week from both sides of the Atlantic. 8th grader gets 3-week suspension for picture of airsoft gun Airsoft guns are toy guns which shoot little plastic BBs. As long as kids are wearing safety glasses, these guns pose … Read more
by Amy S. The sky is falling! The sky is falling! Ok, Chicken Little, that might be a bit dramatic. But Robert and I firmly believe a crash is coming. Why? Robert Kiyosaki, author of the “Rich Dad” series of books, has for years predicted an epic market crash when baby boomers, forced by law, start … Read more
Legendary geopolitical and financial analyst Martin Armstrong says America’s economy is like being “the prettiest ugly sister in the family” of nations. So, if the U.S. economy is so good, why the rush to cut interest rates? Armstrong explains, “It’s really the world economy which is in serious trouble. You really have to look closely … Read more
by 12_year_old_boi When marijuana becomes legal, you can see its effects in a number of industries: Number #1, tobacco and vaping will definitely go in big and make a ton of money for obvious reasons. Some in the alcohol industry fear that marijuana will take away its business, so expect the alcohol industry to make marijuana-infused drinks to … Read more
https://twitter.com/wsj/status/1150197030809157632?s=21
via elnuevodia: The full contents of a group chat between Puerto Rico governor Ricardo Rosselló and close associates were publicly disclosed Saturday morning, after several days of partial leaks that have rocked the Caribbean island. The 889-page document, published by the non-profit journalism group Centro de Periodismo Investigativo and obtained from an anonymous source, details efforts by high-ranking officials and … Read more
via redstate: Reddit recently gagged the subreddit r/The_Donald with a “quarantine” that essentially makes the subreddit invisible unless you go searching directly for it. When you do, it asks you if you want to see the content within, giving you the impression that it’s dangerous. It’s not. The subreddit is a pro-Trump room that, as its defenders describe … Read more
by AC Time is made up of several things… the basics. It is linear when OBSERVED as having occurred between two (or more) events. For example, the start and finish lines at a drag race, with a clock and distance being the measuring factors to determine time at that location, as applied to those vehicles. … Read more
And so it begins! How going cashless allows Big Brother to spy on your every move: As thousands of Swedes get payment chips implanted in their hands, a backlash is growing amid fears of data abuse. via dailymail: Pensioners and disabled people have hit out at the move away from cash Former banker Hans-Uno Broström … Read more
And Hillary HAS NOT been charged with violation(s) of The Espionage Act, why? h/t Off Switch
The correlation between central bank assets and global stocks have continued to persist. This was noted several years ago and still continues to this day. Right now, there are global growth concerns, risk of enhanced tensions, potential catalysts for oil to multiply in price. But none of that matters. The Fed is going to reduce … Read more
There are always going to be companies that perform better than others. Some get beaten down in a bull market. Some funds perform horribly. It’s the skilled analyst who can selectively buy investments and make money over a multi decade timeline and sell at a profit who will fair very well. Although difficult to do, … Read more
https://static.financialsense.com/audio/2019-07/financial-sense-20190712-chapman-7939890900f6.mp3 July 12, 2019 – Fed Chairman Jerome Powell confirmed a rate cut is coming at the end of this month. Markets reacted positively to this news with major indexes hitting new highs. Ryan Puplava makes sense of what moved the markets this week. Then, Basil Chapman, host of the Tiger Technicians Hour, says the bull … Read more
by Simon Popple of Brookville Capital on IG UK With debt to global gross domestic product (GDP) growing, now at 320% and climbing, and signs of incoming recession in many economies, are traders and investors becoming hardened to market stress? Simon Popple, Brookville Capital, joins IGTV’s Jeremy Naylor to discuss.
by Amy S. Predictions Of Economic Disaster Will 2019 be a year of financial crashes, economic chaos and the start of the next great worldwide depression? Over the past couple of years, we have all watched as global financial bubbles have gotten larger and larger. Despite predictions that they could burst at any time, they have … Read more
