Breaking news, updates, and reports on current events.
by Martin Armstrong Once upon a time, Democrats and Republicans could actually breathe the same air and have a drink with one another. Those days are long gone. It was back in 2002 when they actually worked together to make the ads during a political campaign more reasonable and less outright vindictive and nasty. It … Read more
by Martin Armstrong QUESTION: Marty, your account of Carausius and Postumus being the ancient Brexit is really interesting. Am I correct that whilst this separatist movement failed, it was this Brexit that forced Rome to reintroduce silver? HM ANSWER: Correct. Diocletian introduced the silver Argenteus in 294AD after the defeat of Carausius’ separatist movement. It is highly likely that old silver denarii were still being … Read more
Bill Holter interviewed on the X22 Report Spotlight Bill is back with an important update on the state of the economy, the markets, and what is coming down the pike in the world of politics. For an important interview on a variety of economic and political topics, tune in to the interview in its entirety below:
by Mac Slavo of SHTFplan As the demand for diesel cars drops in the United Kindom, and falling sales in China, Jaguar Land Rover will cut up to 5,000 jobs in order to keep the company afloat. The carmaker is also allegedly fearing the Brexit. As part of a £2.5 billion savings plan, the British carmaker will be cutting … Read more
by TFittonJW Remarkable that there was finally a Hill hearing on the Clinton Foundation scandal. My testimony: Background: My full written statement — well worth sharing: https://www.judicialwatch.org/press-room/in-the-news/oversight-of-nonprofit-organizations-a-case-study-on-the-clinton-foundation-judicial-watch-president-tom-fittons-opening-statement-in-testimony-before-congress/
by Troy The S&P is now sitting at a 1 year low. And of course, traditional technical analysis states “if the S&P breaks below this support level, watch out below”. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying technical analysis. For reference, … Read more
by Thinker What’s wrong with most of the journalist working in mainstream media??? Most aren’t writing about what’s important, but spend their time writing gossip about other people all to make a dollar. Kate Andersen Brower, as her history shows has spent her life writing the gossip of behind the scenes of White House living, … Read more
If you are hankering to be one among millions this holiday, do not bother with the shopping malls, just head to the airport, where nearly 46 million people will mix travel anxiety with Christmas anxiety and a tad of family-get-together anxiety to create a merry little stew of emotions. The projected number of people who … Read more
(CNN)Last week the nation witnessed a courtroom spectacle that included the president’s former personal lawyer and “fixer,” Michael Cohen, groveling for mercy at a sentencing hearing while his daughter watched, a crutch at her side. Future historians might view the maudlin scene as the beginning of the end of the Trump presidency. https://www.cnn.com/2018/12/17/opinions/prosecutors-best-move-a-sealed-indictment-vs-trump-callan/index.html Do … Read more
Salvini is getting ready for a “serious step” which is “leaving the Eurozone”, while Macron’s plan has “collapsed” due to a “colossal mistake”; and Europe is “turning towards fascism.” This is what’s going on in the Old World in the view of former Member of the Hellenic Parliament Yannis Varoufakis. Yannis Varoufakis has shared with … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Debt out the wazoo, but someone is still buying it. The US gross national debt has ballooned by $1.33 trillion over the past 12 months to $21.8 trillion as of December 14, according to Treasury Department data. Over the past six months alone, this debt has ballooned by $740 billion, despite … Read more
by David Haggith It’s downright wintry on Wall Street right now. Firmly establishing the worst start of a December for the US stock market in 38 years, all three major stock indices plumbed the greatest depths they have hit all year … and it’s been a bad year! The S&P 500 and the Nasdaq closed at 2,546 and … Read more
by Michael Snyder U.S. stocks have not fallen this dramatically during the month of December since the Great Depression of the 1930s. On Monday, the Dow Jones Industrial Average lost another 507 points, and it is now down more than 1,000 points from Thursday’s close. This fresh downturn has pushed the Dow and the S&P 500 … Read more
Here is today’s articles mentioned in this news update: 1. U.S. Student Loan Debt Sets Record, Doubling Since Recession https://www.bloomberg.com/news/articl…
by John Rubino Max and Stacey on “the disintegrating American Empire” … Doug Noland: “The global bubble has been pierced” … Rick Rule: Gold mining is “heading back into a mergers and acquisition cycle” … Michael Pento: Prepare for “radical inflation” … Ron Paul: “Who will be blamed for the coming collapse?” … Mike Maloney: … Read more
It is soo wrong that this is still going on after two years… It’s such an unholy union of the deep state and the media. https://youtu.be/MievkP-d9X0 Lisa Page, Andy McCabe and STRZOK fabricated the 302! Mueller lying to the court! h/t MrChrisFarley
by sundance Prosecutor Brandon Van Grack filed a cover letter attempting to explain the reason for the Flynn interview on January 24th, and the official filing of the interview notes (FD-302) on February 15th, and then again on May 31st. To explain the delay, he claims the report “inadvertently” had a header saying “DRAFT DOCUMENT/DELIBERATIVE MATERIAL” … Read more
Via The Washington Times “12 Rules for Life” author Jordan B. Peterson is fed up with the questionable practices of tech giants when it comes to honoring the idea of free speech. The recent decision by crowdfunding platform Patreon to remove popular YouTuber Carl Benjamin, aka Sargon of Akkad, may have been a free-speech tipping point for … Read more
via Investors: The new report from the Government Accountability Office — a federal auditing agency — shows that of the $3.7 trillion the federal government spent in 2015, $3.2 trillion of it didn’t require authorization by Congress that year. In other words, Congress only specifically approved 14% of what the federal government spent that year. … Read more
Alicia Powe for the Gateway Pundit reports, Investigative journalist Laura Loomer blasted executives of Google, Facebook and Twitter for lying to Congress about suppressing conservative content and censoring Trump supporters in an exclusive interview with The Gateway Pundit. https://www.youtube.com/watch?v=06HCeSztxXQ Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018… “More conservatives need to actually take a stand against social media censorship. … Read more
via confoundedinterest: (Bloomberg) Here’s another reason Donald Trump is “not at all happy with the Fed” and will continue to be frustrated by the world’s No. 2 economy. He is the first president to suffer the new normal of China becoming more creditworthy than the U.S. That’s right: America now pays more to borrow money than China does. Since … Read more
via creditbubblebulletin: December 13 – Financial Times (Chris Giles and Claire Jones): “When the European Central Bank switches off its money-printing press at the turn of this year and stops buying fresh assets, it will mark the end of a decade-long global experiment in how to stave off economic meltdowns. Quantitative easing, the policy that aims … Read more
Ron Paul: Brace for a market meltdown that may rival 1929 crash from CNBC. via CNBC: Ron Paul is warning this year’s corrections could be a precursor to an epic market collapse that may come sooner than investors think. According to the former Republican presidential candidate, Wall Street is becoming more vulnerable to near-depression … Read more
via telegraph.co.uk: The pillars of the global financial system are fundamentally unstable and could lead to a frightening chain-reaction in the next crisis, the world’s top watchdog has warned. Giant “central counterparties” (CCPs) that clear much of the $540 trillion (£428 trillion) nexus of derivatives are themselves vulnerable to failure in times of extreme stress. This is … Read more
via themacrotourist: It seems like a lot of hard-money-hawks were caught off guard by last month’s dovish shift by Powell. I have had more than a couple of conversations with different market participants who have expressed disbelief about how quickly Powell abandoned his tough “we-won’t-let-market-conditions-influence-our-monetary-decisions” policy. These Powell-disciples are rightfully feeling a little betrayed. After all, … Read more