Breaking news, updates, and reports on current events.
“Iran’s most senior men in Iraq inc Falih Fayad, Iraq’s National Security Advisor and Hadi Al-Amiri, leader of al-Bina coalition (claims to be largest bloc in Iraq parliament) are among the so called ‘protesters‘ who have reportedly attacked the outers of US embassy in Baghdad.” https://twitter.com/abdullahawez/status/1211944148024074242 More live coverage in English. h/t SN7
Authored by Mike Shedlock via MishTalk, Companies with tangible net value of less that zero have increasingly outperformed the market for decades. Bloomberg comments Capitalists Without Capital Are Ruling Capitalism Some 40% of public stocks quoted in the U.S. have negative tangible book value,meaning that their tangible assets aren’t worth enough to repay all their debt. Two … Read more
Authored by Patrick Buchanan via Buchanan.org, “It’s tough to make predictions, especially about the future,” Yogi Berra reminded us. But on “The McLaughlin Group,” the TV talk show on which this writer has appeared for four decades, predictions are as mandated as was taking Latin in Jesuit high schools in the 1950s. Looking to 2020, this writer predicted … Read more
Authored by Wolf Richter via WolfStreet.com, The setup is just too juicy. In my decades of looking at the stock market, there has never been a better setup. Exuberance is pandemic and sky-high. And even after today’s dip, the S&P 500 is up nearly 29% for the year, and the Nasdaq 35%, despite lackluster growth in … Read more
by Michael Snyder One of the best ways to determine where things are heading is to look back at how much has changed over the past 12 months. 2019 has been one of the most memorable years in our history, and it has certainly set the stage for the critical events of the decade to … Read more
by Michael Snyder During colonial times, European powers exploited Africa for the vast resources that it possesses. But what China is doing today is actually much worse. Yes, the Chinese greatly desire African resources, but ultimately what they want is Africa itself. But instead of conquering Africa using military force, China is using economics instead. … Read more
Article: https://www.cnbc.com/amp/2019/03/22/majority-of-bitcoin-trading-is-a-hoax-new-study-finds.html?__twitter_impression=true KEY POINTS Ninety-five percent of spot bitcoin trading volume is faked by unregulated exchanges, according to a study from Bitwise this week. The firm analyzed the top 81 crypto exchanges by volume on industry site CoinMarketCap.com. They report an aggregated $6 billion in average daily bitcoin volume. The study finds that only $273 million … Read more
by The Phoenix Why President Trump Took Over the Fed in 2019 President Trump now runs the Fed. Anyone who argues differently, hasn’t been paying attention. Having caught the Fed intentionally sabotaging the U.S. economy for political reasons in late 2018, the President has since forced a group of Never Trumpers and Democrats to submit to … Read more
by SubversiveInterloper Democrat corruption goes back to Tammany Hall in NY City, if not further. https://www.thoughtco.com/history-of-tammany-hall-1774023 And is still going on today: https://www.judicialwatch.org/investigative-bulletin/new-tammany-hall-new-york-age-corruption/ Every major city in California is spending tens of millions or more on programs for the homeless. But most of the money is being wasted. Why? Because there is a Homeless Industrial … Read more
by SubversiveInterloper Source: https://archive.is/cetiW This voting machine company is owned by Soros and the LA county deal looks corrupt: https://ivn.us/2018/10/15/why-is-a-foreign-tech-company-with-ties-to-venezuelas-government-overhauling-la-countys-voting-machines And their “open souce” voting system for LA County isn’t Open Source, as they haven’t (and probably won’t) released their code. Instead they call it that in reference to the fact that taxpayers paid (through … Read more
by Playaguy Source for OP And the data keeps piling up. Of the 27 deadliest mass shooters, 26 were Fatherless. 63% of youth suicides are from fatherless homes (US Dept. Of Health/Census) – 5 times the average. 90% of all homeless and runaway children are from fatherless homes – 32 times the average. 85% of all … Read more
The whistleblower’s name was known back in October and was confirmed in November when Schiff’s committee sloppily redacted a released transcript. Regardless of what you feel about this specific whistleblower the fact that the media and social media acting like saying his name is the worst of all sins while treating others in the past … Read more
But rising defaults also mean that global investors have to abandon some assumptions about which borrowers are safe. There are some nasty surprises on the long list of companies that have either defaulted or have seen their bond prices plunge. Among them: a would-be Wall Street-style investment bank endorsed by China’s premier and two technology … Read more
By Harry Dent I knew this repo crisis would require more injections, but it wasn’t easy to get clear data on just how many it would take. I was trying to identify how much money has gone into propping up the repo or overnight bank lending market since its sudden spike in rates to 10% … Read more
by TFittonJW So Dossier-promoting leftist advocacy group BuzzFeed is behind the latest @Facebook censorship of @JudicialWatch's government watchdog activities. @RealDonaldTrump. https://t.co/D3h4j4bRCg https://t.co/gIcnD9Tdod — Tom Fitton (@TomFitton) December 28, 2019
GHISLAINE Maxwell has so much “dirt” on the rich and powerful she believes she will escape prosecution and return to her high society party life once “the dust has settled”, according to a pal of Jeffrey Epstein’s alleged madam. The Brit socialite, accused of procuring underaged girls for billionaire paedophile Epstein, remains “totally convinced” … Read more
Josh Sigurdson talks with Tim Picciott of The Liberty Advisor about dire warnings by people like Jim Rickards regarding the debt tsunami which in Rickards’ opinion could upend the economy. As many praise the record breaking markets going into 2020, the economy and the global debt bubble are a totally different issue all together. While … Read more
Chuck Norris announced on Thursday that he is suing several medical companies that produced the MRI scanning machine used on his wife, Gena Norris. The lawsuit seeks $10 million in damages, a sum which Norris says will cover the medical costs he and his wife now face. The defendants in the lawsuit include McKesson Corp., the diagnostics and … Read more
via CBSNEWS: As a decade-long economic boom pushes into 2020, affording a home isn’t expected to become much easier for the average American, according to recent reports. Average wage earners can’t afford to buy a home in 344 of 486 counties, or 71% of the U.S., according to a fourth-quarter analysis from real estate research … Read more
