Jerome Powell’s Lying? More Proof That The US Will Have An Official Recession Very Soon

Despite the DOW now soundly over 27k and the mainstream financial media claiming that today’s retail numbers were very good, there’s a lot of red flags increasing lately that the real US economy is getting much worse. Fed Chair Powell Insists There Won’t Be A Recession When All The Evidence Suggests Otherwise https://www.zerohedge.com/economics/f… Trucking Recession: … Read more

Saudi Shuts Down Half Its Oil Output After Drone Strikes… Massive Fires… Crude To Hit $100? WSJ: This Is the Big One…

U.S. Blames Iran for Attack on Saudi Oil Fields Breaking News: *U.S Blames Iran for Attack on Saudi Oil fields * There is “no evidence the attacks came from Yemen” – Secretary of State Mike Pompeo * Pompeo blames Iran for “unprecedented attack” on the world’s energy supply (Article below will update) Coordinated drone strikes … Read more

Saturday protests: HONG KONG streams + Yellow Vests Act 44 and more – September 14th

by serkok Another Saturday is here, streams from worldwide protests will be added to OP when becomes available. Feel free to post another live streams in this thread. – – – – – Hong Kong Multiplex (autodetecting new streams etc.) –> Yellow Vests – Nantes Yellow Vests – Toulouse Thousands of environmental activists protest outside International … Read more

Oil Prices May Slump Heavily In 2020

By Irina Slav OPEC and its partners will not deepen their oil production cut yet but will discuss the topic again in December. This is what Saudi Arabia’s newly appointed Energy Minister Abdulaziz bin Salman told media after this week’s meeting of the Joint Ministerial Monitoring Committee. A discussion, however, may not be enough. OPEC+ may be … Read more

China’s Hidden Navy: The Maritime Militia

China has a secret weapon in the South China Sea—the Maritime Militia. It’s not quite a part of the Chinese military, the People’s Liberation Army, but the Chinese Communist Party uses it as a way to wage war on the United States, and trap Trump in a diplomatic situation that could up end the US … Read more

Pension funds in Iran on brink of collapse amid US ‘maximum pressure’ campaign

Watch the latest video at foxnews.com EXCLUSIVE: Crippling sanctions imposed by the United States on Iran since President Trump’s withdrawal from the nuclear deal last year have left pension funds throughout the country on the brink of collapse, according to documents reviewed by National Security Council officials and obtained by Fox News. U.S. officials are pointing to this as evidence … Read more

SHOCKING NEWS FROM THE WORLD OF SCIENCE: Lots of time on social media linked to anxiety, depression in teens.

We should probably treat social media like tobacco or alcohol and ban their use by people under 21. For the children! via UPI: Teens who spend more time with social media are more likely to suffer from social withdrawal, anxiety or depression, a new study says. Twelve- to 15-year-olds who spent more than six hours … Read more

Soylent Green now becoming reality…

Its here. This is why they’re pushing the plant-based fake meats all the sudden. They have the recipe down. Aborted fetuses. Welcome to the apocalypse. these meals get worse and worse- yet the drive-thrus stay filled with customers every single day. people literally lining up to kill themselves, all because its easier than growing/producing our … Read more

IT’S HAPPENING! Saudi Arabia has decided to shut down HALF of its total oil production

JUST AS GAS PRICES WERE GOING BELOW $2/GAL: Attack on two Aramco facilities is the latest in a series targeting the kingdom’s oil assets https://www.wsj.com/articles/drone-strikes-spark-fires-at-saudi-oil-facilities-11568443375 Remember how Trump kept attacking OPEC? Remember how the US became the biggest oil exporter? He flooded the market. https://www.forbes.com/sites/timtreadgold/2019/09/13/opec-slides-closer-to-collapse-as-an-oil-glut-overpowers-the-oil-price/#1d9b7f634ecb https://www.bloomberg.com/news/articles/2019-09-14/saudi-aramco-contain-fires-at-facilities-attacked-by-drones https://www.cnbc.com/2019/09/14/saudi-arabia-is-shutting-down-half-of-its-oil-production-after-drone-attack-wsj-says.html   AC

China Deal? Don’t Hold Your Breath

The market jumps higher on every single rumor and Trump tweet that a “deal” to end the China trade war is imminent (which seems to have happened at least a dozen times this year). Macro Tourists are sure that every time a “deal” is near, it’s the next great catalyst for “stocks.” Our Washington, D.C-based … Read more

Never Forget

by AC Never forget the bloody, crying firemen who screamed about the bombs in the towers and the lobby. Never forget the 2,300,000,000,000 dollars that was reported missing by Donald Rumsfeld the day before 9/11. Never forget that the controller in charge of the Pentagon’s budget was Doc Zakheim who lost the 2.3 trillion dollars … Read more

Liquidity Crisis & Financial Crash

Banks make their money from depositors by lending to others. Banks lend out almost all the money they have on deposit and this means that there could be a bank panic if a lender can’t retrieve their deposits. The banks are supposed to hold a percentage of every dollar in reserves, which means they have … Read more

U.S. Housing Finance “Worse Off Today” Than In 2008

From Birch Gold Group Remember when the housing bubble started to burst in late 2007? By September 2008, both Fannie Mae and Freddie Mac had experienced heavy losses and were placed into conservatorship. The government then advanced them a whopping $190 billion of taxpayer money to keep them afloat. At the time, this action was described as “one of … Read more

Kunstler Exposes “Tectonic Rumblings” In America’s Political Memory Hole

Authored by James Howard Kunstler via Kunstler.com, The memory hole that appeared in America’s zeitgeist around 2016 is expanding like some evil cosmic rot. Things happen and then things unhappen and after a while it’s like they never happened. For instance, little seems to have happened all summer long with the matter known as RussiaGate, the … Read more