“Because the whole thing is a hoax” – Trump

President Trump, why don’t you send one of your lawyers to represent your point of view before the house impeachment inquiry? “BECAUSE THE WHOLE THING IS A HOAX” – Trump, moments ago President Trump on impeachment inquiry: "It's a disgrace for our country…The whole thing is a hoax." pic.twitter.com/YCzAcBvk0u — CSPAN (@cspan) December 2, 2019 … Read more

How to Stop Elizabeth Warren’s Wealth Tax

By Patrick Watson Wealthy Republicans—and even some Democrats—are worried about Elizabeth Warren. Specifically, they fear her wealth tax idea. That makes sense. Their wealth is important to them. They don’t want to lose any of it. But they will, if the Massachusetts senator wins the presidency and convinces Congress to pass her idea, or something similar. … Read more

A Snapshot of Income Inequality Around the U.S.

by howmuch Over the past 40 years, the average individual income in the U.S. has grown by 65%. However, not everyone has reaped the benefits of higher wages. Income inequality is at an all-time high, and the combined wealth of the top 1% of earners is almost as much as the combined wealth of middle-class Americans. Interestingly, some metro areas … Read more

Could America Survive a Truth Commission?

by Charles Hugh-Smith A nation that’s no longer capable of naming names and reporting what actually happened richly deserves an economic and political collapse to match its moral collapse. You’ve probably heard of the Truth Commissions held in disastrously corrupt and oppressive regimes after the sociopath/kleptocrat Oligarchs are deposed.The goal is not revenge, as well-deserved as that … Read more

China tests killer drones for street-to-street urban warfare, plans sales overseas

The developer, Tianjin Zhongwei Aerospace Data System Technology, said the unmanned aerial vehicle had been designed to carry out both reconnaissance missions and close-range strikes against armoured vehicles or individuals in an urban environment. https://www.scmp.com/news/china/military/article/3039827/chinese-tech-firm-testing-urban-attack-drone-designed-carry-out US warns of ‘security risk’ from China-made drones as tech war heats up   AC  

47 Percent Of GDP – This Is Definitely The Scariest Corporate Debt Bubble In U.S. History

by Michael Snyder We are facing a corporate debt bomb that is far, far greater than what we faced in 2008, and we are being warned that this “unexploded bomb” will “amplify everything” once the financial system starts melting down.  Thanks to exceedingly low interest rates, over the last decade U.S. corporations have been able … Read more

100% Measured Moves May Signal A Stock Market Top

by Chris Vermeulen of The Technical Traders One type of Fibonacci price structure we use to attempt to measure price trends and identify potential tops/bottoms is the “100% Measured Move” structure.  This is a price structure where a previous price move is almost perfectly replicated in a subsequent price trend after a brief period of retracement or price … Read more

The Superpowers Battling Over Iraq’s Giant Oil Field

By Simon Watkins Ever since the U.S. signalled through its effective withdrawal from Syria that it now has little interest in becoming involved in military actions in the Middle East, the door has been fully opened to China and Russia to advance their ambitions in the region. For Russia, the Middle East offers a key military pivot … Read more

Norwegian Cruise Ship Docks, 19 People Treated For Flu-Like Symptoms!

A Norwegian Cruise Line ship docked in California on Sunday after approximately 19 people aboard grew ill officials said. The patients aboard the Joy cruise ship reported an “unspecified illness,” according to the Los Angeles Fire Department. The ship docked at the Port of Los Angeles in San Pedro. #EnvironmentalExposure; INC#0257; 6:30AM; Berth 92 Spd; https://t.co/l3DE4BeU6Q; #SanPedro; LAFD has resources on standby to … Read more