Housing Crash Is Coming! $9 Trillion Housing Debt Heading To Economic Collapse & Stock Market CRASH!

Will the housing market crash happen in 2020? Throughout the history of the housing market, there is always a certain limit any homebuyer can borrow to finance a mortgage. Generally, with low-interest rates, it is possible to take a bigger mortgage and currently, we are experiencing a downturn in interest rates allowing people to take … Read more

Federal Student Loans are Making College Unaffordable with Richard K Vedder

from Financial Survival Network For years Richard K. Vedder has railed against the dysfunctional federal student loan program. The availability of cheap federal student loans has enabled universities to increase tuition fees aggressively, helping fund an unproductive academic arms race that, among other things, has led to sizable administrative bloat on most campuses. The proportion of recent college … Read more

Saudi Arabia Sentences 5 People To Death Over The Murder Of Journalist Jamal Khashoggi

A Saudi court has handed death sentences to five suspects charged in connection to the gruesome murder of journalist Jamal Khashoggi. Three others have received lengthy prison terms for their roles in the killing. Saudi Arabia’s public prosecutor announced the court’s ruling on Monday. Apart from the five sentenced to death, three additional suspects will … Read more

Sanders Campaign Offers ‘Family Persuasion Guide’ So Supporters Can Ruin Christmas

The Sen. Bernie Sanders (I-VT) presidential campaign is struggling with voters over age 50. It turns out, those who’ve already made their money, paid off their student loans, and are eligible for actual Medicare, aren’t really up for voting for Bernie Sanders, and it’s starting to have an impact on his ability to win in … Read more

WAKE UP AMERICA! Study: Immigration to Redistribute 26 Congressional Seats to Blue States for 2022 Election

The nation’s illegal and legal immigration system will help shift 26 congressional seats, primarily from red states, and redistribute them to mostly blue states next year, according to new analysis. Every year, the United States imports about 1.2 million legal immigrants who largely arrive to reunite with foreign relatives already in the country. This level … Read more

China Buckles, More Winning for Trump: China will lower or remove import tariffs on a number of products starting in Jan. 2020.

“The Chinese government said it will cut import tariffs for goods including frozen pork, pharmaceuticals, paper products and some high-tech components starting from Jan. 1, according to a statement from the Ministry of Finance.” https://www.bloomberg.com/news/articles/2019-12-23/china-to-cut-tariffs-on-goods-including-pork-tech-items?utm_content=economics&utm_source=twitter&utm_medium=social&utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&cmpid==socialflow-twitter-economics https://twitter.com/pulpmarkets/status/1209021179123687426 China will lower import tariffs on over 850 products from January 1, finance ministry says KEY POINTS China will … Read more

Why bother buying junk? High-yield bonds (ex-energy) only yield 180 bps above inflation. Lowest level in history!

Why bother buying junk? High-yield bonds (ex-energy) only yield 180 bps above inflation. Lowest level in history! Completely unsustainable and poised to revert. Most of these businesses can’t even survive in a high cost of capital environment.https://t.co/RogarSc6hl pic.twitter.com/OAwf8AHvBd — Otavio (Tavi) Costa (@TaviCosta) December 23, 2019 Uber bullish consensus never ends well. Implied vol for … Read more

It’s pretty rare for the PBoC to admit that it has paid a “huge” price for a regulatory failure. I wonder just how huge it was.

via chinabankingnews: The Chi­nese cen­tral bank says it will main­tain strict reg­u­la­tion of the fin­tech sec­tor due to con­cerns over risk in re­la­tion to in­ter­net fi­nance. Pan Gong­sheng (潘功胜), deputy gov­er­nor of the Peo­ple’s Bank of China (PBOC), said that prob­lems with on­line fi­nan­cial risk in China had pro­vided a “deep les­son” for reg­u­la­tors. “We have paid a … Read more

China closed red today (where is the phase 1 euphoria?

China closed red today (where is the phase 1 euphoria? 🤪) https://t.co/L1uTZPfQD7 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 23, 2019 Full article on that >>Trump says trade deal with China to be signed 'very shortly'https://t.co/TkNgE5VPG6 pic.twitter.com/GxAyAGPEi6 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 22, 2019 More signs of the severity of China's protein deficiency … Read more