Breaking news, updates, and reports on current events.
Submitted by Hardscrabble Farmer Like a parent teaches a child by example, a government without a moral keel to guide it’s population will render them every bit as corrupt. This also serves as a secondary reminder that a corporation that places it’s profitability above it’s humanity will maintain neither. Via Get Pocket The Banana Trick … Read more
by Martin Armstrong The entire feud between Britain and Brussels has been over the border in Ireland between north and south. Brussels fears that there will be a free-flow of goods which will circumvent their taxes. The election of Borris Johnson has created a giant nightmare for Brussels. Trump and Johnson will enter a free … Read more
by DCG I see we aren’t the only country spending insane amounts of tax payer dollars on criminals. From the Telegraph: Taxpayers have had to foot a £57.5 million bill to pay off lawyers who successfully fought Home Office attempts to deport suspected terrorists, foreign criminals and illegal immigrants. They have had to pay or settle the … Read more
https://www.youtube.com/watch?v=mus37x7LAwI Fantastic clip. They need to have that playing at every WH press briefing as a reminder who is washed up and who is standing strong. AC
Nearly six months later, with Guaidó no closer to ousting Venezuela’s elected president, Nicolás Maduro, from Miraflores Presidential Palace, the enthusiasm has dampened. Now that the honeymoon is over, it would appear that corporate journalists have been compelled to reckon with some uncomfortable truths about Guaidó, US sanctions and the coup they had been vigorously … Read more
Submitted by Eric Peters, CIO of One River Asset Management “The power to predict the future is about to emerge,” declared Masayoshi Son. “The amount of data will grow by a million times over the next 30 years,” continued the SoftBank Chairman, pitching his $108bln Vision Fund II which will target companies that facilitate an … Read more
Watch the latest video at foxnews.com The U.S. economy is roaring. More voters rate the economy positively today than have since 2001. According to spending data from June, Americans spent more at restaurants and retail locations than expected, while U.S. manufacturing output continues to rise. As Federal Reserve Vice Chair Richard Clarida recently put it, “The U.S. economy is in a … Read more
The Memo: 2020 Democratic race enters do-or-die phase The race for the Democratic presidential nomination enters a new phase this week, with candidates desperate to make an impact in a second round of debates. The debates, which take place on Tuesday and Wednesday evening in Detroit, offer a last chance for some candidates to break … Read more
by Michael Snyder The recent seismic activity in the state of California has taken a strange turn. According to the Los Angeles Times, there have been more than 80,000 earthquakes in the state since July 4th, and most of those quakes were aftershocks of the two very large events that hit the Ridgecrest area early in … Read more
by Michael Snyder An absolutely massive hole has formed in the upper atmosphere of the Sun, and our planet will align with that hole later this week. Once the alignment happens, Earth will be bombarded by a “solar storm”, and nobody is quite sure yet how bad it will be. If the storm is relatively … Read more
BY JOHN RUBINO Stephanie Pomboy on “the startling consequences of monetary policy” … Jim Rickards: “Currency wars are back front and center. Clearly the US is going to win” … Max Keiser: “The time value of money is disappearing” … Michael Pento: “We’re headed for a bout of stagflation like we’ve never seen” …
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter In the US alone, it impacts nearly $40 trillion. And there are consequences for the real economy (10 minutes).
https://www.youtube.com/watch?v=ohMPwD6daa0 We’re not just becoming increasingly lawless, we’re also being deprived of our constitutional rights. Seems to me this should be challenged in the courts. GH
by SpontaneousDisorder The Fed is almost certainly going to cut 0.25% next week with stocks at record highs and the economy growing strongly. The ECB is also keen to do more stimulus. So the question is how do we make this bubble big enough and rich people rich enough for the central banks to … Read more
by WSBConsensus
by Charles Hugh-Smith With these speculative and risk management skills accessible only to the wealthy, no wonder only the wealthy have gained purchasing power in the 21st century. Let’s start with an excerpt from a recent personal account by the insightful energy/systems analyst Ugo Bardi, who is Italian but writes his blog Cassandra’s Legacy in English: Becoming Poor in … Read more
