On Wire

Breaking news, updates, and reports on current events.

The Conflicting Forces of Modernism: Kafka and Kierkegaard

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by Charles Hugh-Smith We seem to be heading into a confrontation between the two forces of Modernism: the primacy of the individual versus the increasing technological and economic might of the central state. In Kafka’s Nightmare Emerges: China’s “Social Credit Score” (May 7, 2018), I wrote about Kafka’s vision of a bureaucratic nightmare emerging in China’s “Social … Read more

The West Coast Housing Bubble Bursts Even Without Tech Bust, which is still to come.

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The biggest housing markets of the West Coast — the Seattle metro, the San Francisco Bay Area, and the Los Angeles and San Diego metros — went through phenomenal price inflation over the past few years, with prices having shot way past their highs of Housing Bubble 1, before it imploded. … Read more

10 out of the 13 the stock market was already in a bear market…. Russell 2000 looking weak.

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https://twitter.com/OccupyWisdom/status/1071472937138614272 https://twitter.com/OccupyWisdom/status/1071570254730530817 Breaking down this support would virtually eliminate near-term potential for $SPX $ES_F to be saved & trigger the boxed scenario (in red) targeting 2189 pic.twitter.com/zymyBhbZYO — mcm-ct.com (@mcm_ct) December 8, 2018 $SPX going back 20 years. Red circles when 50 day crossed below flattish 200 day. Not a bullish sign obviously. We'll see … Read more

The World Is Nearing The Point Where Global Central Banks Would Inject A Bunch Of Credit Into The Global Economy – If That Does Not Happen – Then Hard Landing Is Likely

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IMHO:1) Dollar in range of past 5 years2) 2018 was global synchronized growth, now synchronized slowdown3) EM face massive maturity wall in USD 19 and 204) Commodities collapsed All = Run away from EMs into a deflationary slowdown with massive $ denominated maturities ahead — Daniel Lacalle (@dlacalle_IA) December 8, 2018 https://twitter.com/MacroTechnicals/status/1071475282421403648 1881 of 2767 … Read more

HSBC, Longtime Money Launderer for Terrorists, Implicated in Huawei/Iran Fraud

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WASHINGTON (Reuters) – Chinese telecoms giant Huawei Technologies Co Ltd’s chief financial officer was arrested as part of a U.S. investigation into an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to people familiar with the probe. The United States has been looking since at least 2016 into … Read more

People’s Bank of China Advisor Says China Should Start Planning for Bailout Now

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(Bloomberg) — People’s Bank of China adviser Ma Jun has probed the economy for triggers of financial turbulence, and proposed measures including direct bailouts of enterprises and bank re-capitalization should a crisis hit. Property bubbles, local government contingent debt, the heavy reliance on land sales for financing or the shadow banking sector could set off … Read more

How Poorly Worded English May Have Just Freed Almost All Banks From Volcker Rule Regulation

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  via yahoo: A few double negatives buried in legislative text may have inadvertently freed nearly all U.S. banks from a regulation known as the Volcker Rule, which sought to curb risky behavior in response to the 2008 financial crisis. The text in question comes from a package bill passed in May that pared back portions of the … Read more

“Europe is not free, because freedom begins with speaking the truth.” Hungary’s PM(video)

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“Europe is not free, because freedom begins with speaking the truth. Today in Europe, it is forbidden to speak the truth… Europe is under invasion, countries that don’t stop [Islamic] immigration will be lost…” https://youtu.be/EbINrdyAXlE http://grainoftruth.ca/wp-content/uploads/2018/12/Listen-to-Hungarys-PM-Viktor-Orbán-Speak-G0Ds-Words.mp4?_=1   http://grainoftruth.ca/listen-to-hungarys-pm-viktor-orban-speak-g0ds-words/

Why the French protest.

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by Fabius Maximus  Summary: The media tends to write about those wacky Yellow Vest protesters in France who oppose carbon taxes that can save the world. But they have very good reasons to dislike their leaders. Here are reasons that the news media forgot to mention. Why the French protest. France’s real GDP has risen 73% in … Read more

DOLLAR STORES PLANNING FOR PERMANENT AMERICAN UNDERCLASS, SELL MORE GROCERIES THAN WHOLE FOODS

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Dollar-store chains like Dollar General and Dollar Tree are rapidly expanding by targeting the poor, particularly in predominantly black neighborhoods and rural areas, while planning for a permanent American underclass, according to a new report from the community development nonprofit Institute for Local Self-Reliance (ILSR). Though dollar stores sell no fresh vegetables, fruits or meat … Read more

New report reveals growing threat of organised social media manipulation world-wide

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This could easily be going on here and elsewhere. All the signs are there. Too bad really. Would be interesting to see evolution of mankind without the interference and control. via oii.ox.ac.uk: The manipulation of public opinion over social media platforms has emerged as a critical threat to public life. Around the world, government agencies and … Read more

The French Revolt Against The New World Order: The ‘homogenization’ of countries into a new One World Order governance is a meme whose time has come and gone. Free-thinking people do *not* want the suppression and surveillance society the NWO seeks to impose globally.

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by axolotl_peyotl The architects of the NWO had hoped to override man’s natural inclination towards tribalism and national pride with the ultimate goal of one-world governance. It seems, however, that they are having a much tougher time than anticipated, as countries like Great Britain and France appear to not be playing ball.   via activistpost: The … Read more

Psych Meds Linked to 90% of School Shootings. MSM Never Covers this because it Messes with Big Pharma’s Cash Cow.

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by HibikiSS https://www.wnd.com/2012/12/psych-meds-linked-to-90-of-school-shootings/ Some 90 percent of school shootings over more than a decade have been linked to a widely prescribed type of antidepressant called selective serotonin reuptake inhibitors or SSRIs, according to British psychiatrist Dr. David Healy, a founder of RxISK.org, an independent website for researching and reporting on prescription drugs. https://www.cchrint.org/school-shooters/ Fact: At least … Read more

Monsanto Paid Internet Trolls to Counter Bad Publicity

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via baumhedlundlaw: Newly released court documents show that Monsanto has been accused of using third-parties to hire an army of internet trolls to post positive comments on websites and social media about Monsanto, its chemicals and GMOs, and downplay the potential safety risks surrounding the company’s popular glyphosate herbicide. The unsealed court documents are from the ongoing … Read more

Judge suggests Justice, State colluded to protect Hillary Clinton in email scandal.

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via washingtonexaminer: A federal judge has raised speculation that Hillary Rodham Clinton and her State Department “colluded” to keep her missing emails secret from the public and courts, an escalation of scrutiny into Obama-era scandal. Senior District Court Judge Royce C. Lamberth in a new memo also called the Clinton email affair “one of the gravest … Read more