On Wire

Breaking news, updates, and reports on current events.

“THE BLACKOUT Is Coming” NYC a Warning—Says Former White House Official

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For More Information See: https://www.stevequayle.com/ https://www.foxnews.com/opinion/dougl… https://www.foxnews.com/opinion/doug-… https://www.nytimes.com/2019/07/14/ny… http://www.fox5dc.com/news/local-news… https://nypost.com/2019/07/15/con-ed-… https://www.dhs.gov/sites/default/fil… https://www.washingtonexaminer.com/wa… https://www.washingtonexaminer.com/wa… https://www.politico.com/story/2013/0…    

“Due To A Poor Harvest Season, We Are Experiencing Shortages On Many Of Our Canned Vegetable Items”

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by Michael Snyder I know that this headline is alarming, but it is actually a direct quote from a notice that was recently posted in a Kroger supermarket.  And as you will see below, similar notices are being posted in the canned vegetable sections of Wal-Mart stores nationwide.  I would encourage you to examine the evidence … Read more

Everything’s Fine Until Suddenly it Isn’t: How a “Leveraged Loan” Blows Up

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Kudos to the private equity firm. These things don’t happen overnight for companies. They happen overnight only for investors. Golden Gate Capital – the private equity firm now infamous for asset-stripping its portfolio company Payless ShoeSource into bankruptcy and liquidation – strikes again with another of its portfolio companies, Clover Technologies, whose $693-million … Read more

Mapping Out the ‘Filthy Rich’ In Each State

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by howmuch The U.S. is a nation of millionaires and billionaires. Among its population of 323 million people, there are 607 billionaires and 11.8 million individuals with a net worth of at least $1 million. This translates to roughly 3.65% of the country. So who has the most money? That’s the topic of our latest visualization, which highlights … Read more

Illiquidity Traps Lurking In The Leveraged Loan Market: The Sudden Cliff Dive Of Clover Technologies

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Until July 9. Clover disclosed that day it had lost two key customers and hired advisers to study its options. The price of its loan quickly plummeted from 97 cents to around 65 cents, which put it in the distressed category. https://www.bloomberg.com/news/articles/2019-07-16/a-leveraged-loan-collapses-and-reveals-key-risk-in-credit-market?srnd=premium

Trucking Bloodbath: 2,500 Truckers Have Lost Their Jobs So Far In 2019

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This article was written by Mac Slavo and originally published at SHTFplan.com The trucking industry is experiencing a “bloodbath.” So far in 2019, at least 2,500 truckers have lost their jobs as companies go bankrupt as a major recession indicator keeps going negative. According to Yahoo, six trucking companies have completely folded in 2019 and hat has left more … Read more

MANIAS DIE HARD: EVERY time we’ve reached this level in history, a recession followed shortly thereafter.

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by Jim Quinn EVERY time we’ve reached this level in history, a recession followed shortly thereafter. We have already experienced the longest economic expansion in history. We will enter this next recession with the highest level of debt in history and a Fed with very few bullets left in their gun. So now must be … Read more

Is the Fed Setting a Trap?

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By The Phoenix As I keep stating, a top is forming. Stocks are tired after weeks of promises and promotions by Fed officials and the Trump administration that something BIG is coming. At this point there is little if any real buyers. It’s only by multiple interventions per day that the market hasn’t broken down. … Read more

Governments ‘aggresssively manipulating’ all financial assets, Swiss Asia Capital’s Kiener tells Bloomberg

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by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Bloomberg television last week let Swiss Asia Capital Managing Director Juerg Kiener mention market manipulation in the same breath with gold. It happened on the “Bloomberg Markets: Asia” program July 4, where, asked about gold’s prospects, Kiener said, “We’ve been now in a … Read more

Tesla Cuts Model 3 Prices In New Sales Push

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By Tsvetana Paraskova Tesla is cutting the starting price of its Model 3 to US$38,990, but it’s dropping standard-range variants of the premium Models S and X, lifting their starting prices, Reuters reported on Tuesday, citing the company. “To make purchasing our vehicles even simpler, we are standardizing our global vehicle lineup and streamlining the number of trim packages … Read more

Deception: Alexandria Ocasio-Cortez and UN humanitarian Angelina Jolie

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by Dr. Eowyn Late last month, photographer Ivan Pierre Aguirre posted on his Twitter account some pictures of Rep. Alexandria Ocasio-Cortez (D-NY) he’d taken last year. As recounted by Fox News, the pics supposedly were taken at a protest before a “migrant” detention center in Tornillo, Texas. One image is of AOC bent over in anguish; in another, her hands … Read more

Snakes and Ladders Economy – Stock Option Expiration on Friday

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by Jesse “Psychopathic workers very often were identified as the source of departmental conflicts, in many cases, purposely setting people up in conflict with each other.   The most debilitating characteristic of even the most well-behaved psychopath is the inability to form a workable team.” Paul Babiak and Robert Hare, Snakes in Suits “What is good?  … Read more

Why Fukushima Doom is Unfounded

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by Natura Naturans Cesium-134, one of several radioactive isotopes released in the incident, is called the “fingerprint” of Fukushima because it does not occur naturally in the environment and has a relatively short half-life of only two years (the half-life of radioactive isotopes is the length of time it takes for half of the radioactivity to … Read more