TRUTH Bomb: If This Goes Public America Will Wake-UP, If Not We’ll Suffer Death, War, Famine, and…
https://www.youtube.com/watch?v=2fPZiH3LdAA For More Information See: http://lisahaven.news/2018/06/100-pro…
https://www.youtube.com/watch?v=2fPZiH3LdAA For More Information See: http://lisahaven.news/2018/06/100-pro…
The plane is said to have landed in Manchester from Paris at 10.30am but passengers were kept on board for more than two hours until the unwell traveller disembarked the plane. Frustrated passengers took to social media to vent their frustrations claiming they were in quarantine on flight BE3122. One said: “Still on the plane. … Read more
Authored by Mike Shedlock via MishTalk, The Fed desperately needs to keep credit expanding or the economy will collapse. However, it’s an unsustainable scheme. Key Debt Points In 1984 it took $1 of additional debt to create an additional $1 of Real GDP. As of the fourth quarter of 2018, it took $3.8 dollars to create $1 of … Read more
by howmuch Since World War II the United States sat atop the global throne of trade and industry. By every measure they dominated the world economy. China leveraged its massive population for economic growth. They’ve exploded onto the global stage as one of the largest economic powers. For years the U.S. and China traded freely. … Read more
Suddenly – I mean the signs had been everywhere for a long time and “suddenly” doesn’t really apply – the whole house of cards came tumbling down. This is the transcript from my podcast last Sunday, THE WOLF STREET REPORT: I just listened to a friend of mine, telling me how he now feels comfortable with … Read more
via CNBC: There has been clear confrontation between the two-party coalition — formed of the leftist, anti-establishment Five Star Movement (M5S) and the anti-immigration, populist Lega party. Lega is currently polling ahead of all other Italian parties at 38%. “Let’s quickly give the say back to the voters,” Matteo Salvini, deputy prime minister and Lega … Read more
https://arstechnica.com/information-technology/2019/08/isp-frontier-is-failing-so-badly-it-wont-take-questions-from-investors/ Frontier Communications yesterday reported lower revenue and a $5.45 billion goodwill impairment charge, and it warned investors that its revenue will continue to decline in future quarters. Frontier’s financial performance is so bad that the company said it wouldn’t take any questions from investors during its quarterly earnings call yesterday. Frontier reported second-quarter revenue … Read more
by u—wot—m8 With all the recent controversy surrounding Facebook, today we are going to analyze Facebook’s business fundamentals, growth potential, risks, valuation, and ultimately decide whether or not it makes sense to be a shareholder of the social media giant. Unless stated otherwise, all numbers and statistics presented below are as of August 7th, 2019. … Read more
Q2 GDP: -0.2%, compared to 0.5% growth in Q1. Recovery forecasted for Q3. Bank of England predicted 0% growth in Q2. Article
by NineteenEighty9 via scmp: If three US banks of this size all collapsed within a few months of one another like this it would be front page news. China looks to be at risk for a serious banking/financial crises… or already in one. Central Huijin Investment will invest in Heng Feng Bank to increase its capital … Read more
Soros launches super PAC for 2020 Democratic megadonor George Soros is creating a super PAC, called Democracy PAC, to serve as a hub for his 2020 election spending. Soros has so far put $5.1 million into the PAC, according to paperwork filed with the Federal Election Commission on Wednesday. His $5.1 million contribution was the … Read more
by Evangelina Video is 9:52 Warning you may need dramamine PART II PART III PART IV PART V
by Simon Black It was probably after 2am last night when I walked up the stairs to bed after a marathon seven hour dinner. But that’s pretty normal here. This is the eighth year in a row I have spent my summer holiday at this 400 year old villa in the Italian countryside. I invited a … Read more
Peak Prosperity, Released on 8/7/19 One way or another, we’re going to have to address the $trillions of outstanding bad debts. Over the past decade, the world’s central banks have distorted the price of money by bringing interest rates to record lows. With credit so cheap, asset prices have risen dramatically as companies and governments … Read more
by Fabius Maximus Summary: Mass murders are sad but relatively small problem. Political violence is an endemic problem, as American as apple pie. Its dark force has often shaped American history, and will again in the future. Unless we stand together to fight it. “A firm union will be of the utmost moment to the peace … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter And rideshare revenue is stagnating. Uber’s losses have been legendary for years, ever since they were being leaked to the public while it was still a privately held company. But this takes the cake. Uber reported this evening that it had lost $5.24 billion in the quarter through June 30. The thing is, … Read more
BREAKING: Man armed with AR-15 kills 2 in rush hour traffic in Houston, Texas. https://t.co/g0gd0lO23n — Brady | United Against Gun Violence (@bradybuzz) August 9, 2019 HOUSTON, Texas (KTRK) — As police search for the suspects who killed two men with an AR-15 on the East Freeway in the middle of rush hour traffic, Jacinto City … Read more
by Michael Snyder Will 2019 continue the trend? The other day I was talking with a close friend, and he pointed out to me that all throughout history years that end in 9 have tended to be times of great change and upheaval. I was intrigued by what he shared with me, and so I … Read more
https://www.youtube.com/watch?v=bITVzFcB29I
By Jared Dillian Interest rates are currently low. That is by far the biggest concern among bond investors. They are drowning in worry about low interest rates and their effect on bonds. So let’s address that. Saying interest rates are currently low is another way of saying that bonds are expensive—which makes people not want to invest … Read more
By John Maudlin The world is awash in debt. While some countries are more indebted than others, very few are in good shape. The entire world is roughly 225% leveraged to its economic output. Emerging markets are a bit less and advanced economies a little more. But regardless, everyone’s “real” debt is likely much bigger, since … Read more
by Michael Snyder Does China believe that we are on the verge of a major global crisis? The communist Chinese government has always been very big into planning, and it appears that they have decided that now is the time to hoard food, gold and other commodities. Of course in recent days the fact that … Read more
via Zerohedge: US equity markets are tumbling after hours following reports from Bloomberg that, according to people familiar with the matter, The White House is holding off on a decision about licenses for U.S. companies to restart business with Huawei after Beijing said it was halting purchases of U.S. farming goods. American businesses require a special license to supply … Read more
PITTSBURGH — A woman was fatally stabbed in the neck Thursday morning at a downtown bus stop, right in front of a Pittsburgh police officer who had been checking on the woman’s well-being at the time, police said. The unidentified attacker also stabbed a bystander walking near the bus stop before he was subdued and … Read more
via CNBC: Uber shares dropped around 10% after it reported disappointing second quarter earnings, with losses exceeding $5 billion. Revenue came in light, at $3.17 billion for Uber in Q2 2019, versus $3.36 billion expected. “No doubt in my mind that the business will eventually be a break even and profitable business,” CEO Dara Khosrowshahi … Read more