by Martin Armstrong Come September, Draghi at the ECB will make loans to Eurozone banks on a long-term basis at rates less than the short-term lending window. The objective is to encourage banks to lend money to businesses. Nobody thinks about letting businesses bypass the banks mainly because the banks are in such a vulnerable … Read more
via Monday Morning Macro “Impossible” Events Are On The Rise… A 4-sigma event would be expected to happen once or twice in a trading lifetime – according to the most popular VaR-based risk models. We’ve seen 10 of those this month in Treasuries. What we should have learned from the GFC has been all but forgotten. What … Read more
by howmuch We already know that professional sports is a major global industry, but not all sports franchises are equal. From the Dallas Cowboys to the New Orleans Saints, we put together a graphic to rank the top 50 most valuable sports teams around the world. Traditional sports have large, dedicated fanbases, but eSports are on … Read more
by David Haggith Let me help remove the rose-colored glasses for anyone who still thinks GDP this year is good. First, GDP growth in the first quarter was not “great” as I’ve heard some claiming. It was, by US historical standards, mediocre. Second, the biggest tax cuts in history only got us down to 2.9% GDP … Read more
WeWork’s corporate parent We Company revealed in documents for its upcoming initial public offering that the office-share company lost more than $1.3 billion from its operations in the first half of this year. The losses for each WeWork member — about $5,200 per customer — are about 28 times what Uber loses per active rider. … Read more
https://www.youtube.com/watch?v=9Q2xMQWonlY
by lboog423 You can also see the correlation with national debt skyrocketing after the end of the gold standard. Never ending inflation, unlimited printing money, Devaluing of the dollar, and over 20 trillion in debt makes a great equation for debt bondage. http://usfunds.com/investor-library/frank-talk/an-illustrated-timeline-of-the-gold-standard-in-the-us/ “If the American people ever allow private banks to control the issue … Read more
“I’m Maxine Waters and I’m here, I’m with,” Waters said, pausing and pointing to Williams, prompting her to identify herself. “Stephanie Arnold Williams,” Williams said as Waters repeated. “And she’s so creative. She set up a really nice environment here, but she’s got all these educational books. And guess what? I bought the … Langston … Read more
The ability to find information, can be taken away at any time. Search engines like duckduckgo and startpage are great, but they are actually customers of the google search engine. What happens when the Google decides to remove us from finding the truth? h/t kanliot
Five Amazon senior executives made individual campaign contributions to House Democrat Rep. David Cicilline of Rhode Island Cicilline was leading the antitrust probe into Amazon, Apple, Facebook and Google’s business practices The donations were made over the three-week period starting in late May Representatives from the tech companies were questioned in July Executives included: CEO of worldwide … Read more
I’ve made a graphic of UK’s media landscape, published to give insight into the lack of news sources. h/t 012341
by Martin Armstrong QUESTION: Mr. Armstrong; You seem to be the only person who distinguishes private interest rates v public. Has the marketplace gone insane along with Trump demanding 100 basis point cut by the Fed? I find it curious how they only quote the same people in the press who seem to preach the … Read more
181 CEOs of top US companies have re-defined the purpose of a corporation Before the purpose of a corporation was defined as maximizing profits for stakeholders, now the purpose is to improve society as well The new definition was released on Monday by the Business Roundtable, a group of top American CEOs that dates back … Read more
According to a Harvard study, wind turbines cause significant climate warming – more warming than the warming "saved" by switching to wind from fossil fuels. So we're causing more warming with wind power by trying to reduce warming with wind power. And we're smart people? pic.twitter.com/5adY6trRvm — Kenneth Richard (@Kenneth72712993) August 20, 2019
More than half a billion bees dropped dead in Brazil within just three months, according to Bloomberg. Researchers say the main cause of death is pesticides, which could end up effecting more than the bees. As some of the most integral pollinators in nature, bees contribute to the reproduction of various plants. About 75% of the … Read more
via fee.org: If you want to see a bunch of hypocritical leftists squirming with embarrassment, there’s a very clever video showing what happens when a bunch of pro-tax hike millionaires are asked to voluntarily pay more money to the IRS. I’ve even debated some of these rich, pro-tax statists on TV, telling them not to make the rest of … Read more
via freebeacon: “Though difficult to conceal under a pantsuit, the Arque could provide Hillary with a less cumbersome solution to her balance issues compared to full-body exoskeleton alternatives. It is not currently known whether the tail’s development is related to Keio University professor Tomohiko Taniguchi’s 2018 visit to the Clinton School of Public Service in Arkansas.” … Read more
Maybe CEOs Are Fed Up With Shareholders. The Business Roundtable said Monday that it is changing its statement of “the purpose of a corporation.” No longer should decisions be based solely on whether they will yield higher profits for shareholders, the group said. Rather, corporate leaders should take into account “all stakeholders”—that is, employees, customers … Read more
by Fabius Maximus Summary: The New York Times has a blockbuster story about increasing political polarization in America, but it’s the opposite of what we have been told for a decade. This was Founder’s greatest fear for the Republic. There is always a Left-Right spectrum. That was so even in the Roman Republic. But the “teams” … Read more
by Martin Armstrong The report that paints the darkest possible scenario for Britain without ever mentioning that 60% of its trade is outside the EU and that any attempt by the EU to punish Britain will destroy the German economy which is preparing for a very deep recession since Britain is its #1 trading partner … Read more
In the modern version being played out today on the streets of Los Angeles and almost every other major city in the state, tens of thousands of the homeless are desperate for shelter, services and of course, drugs. Lots and lots of drugs. Eric Johnson reports on Paradise Lost: Homeless in Los Angeles.
A UK mom served time in jail after she put her recycling out in the wrong color bag. Ipswitch mother-of-three Lyndsey Webb, 34, reportedly used black bags for her recycling, unaware of a new March ordinance requiring her to use orange and clear bags. In a span of 22 days, she left 60 bags out, … Read more
by Dr. Eowyn If we are to believe polls, according to a new Fox News poll of 1,013 registered voters released last Thursday, August 15, 2019, each one of the top four Democratic presidential candidates would defeat President Trump in the 2020 election if it were held today (Daily Wire): Joe Biden (50%), Donald Trump (38%) Bernie … Read more
The U.S. military has lost its standing in the Western Pacific, a new report says It claims the Chinese army would be able to overcome the U.S. army within hours China’s arsenal of missiles poses a threat to almost all American bases This has left the U.S. military unable to operate freely in the western Pacific … Read more
