Breaking news, updates, and reports on current events.
by asepp Previous blog posts on modern monetary theory (MMT) and helicopter money have led to the following interview with John Adams and Martin North of Digital Finance Analytics, shown on the YouTube channel Interest of The People: The comments following this interview indicate significant misunderstanding about economics in general and economic theories such as MMT in particular. It is worthwhile responding to … Read more
https://www.accuweather.com/en/ee/tallinn/127964/weather-radar/127964 zoom out, then hit play formed in past 24 hours cyclone formed over Estonia 300 miles across (500km) – now with extra bands forming at Oulu Finland and Krakow Poland to make it 1000 miles across (1600km) with NO westerlies, and NO polar winds to steer nearly impossible https://earth.nullschool.net/#current/wind/isobaric/500hPa/orthographic=-337.02,58.08,567 so in addition , … Read more
Amazon sellers are using hacked accounts to award themselves five-star ratings, with one hijacked user posting as many as 2,500 bogus reviews, a consumer watchdog has found, urging regulators to act. Legitimate accounts are being hijacked to post fake reviews – sometimes thousands of them, UK consumer watchdog Which? found in an investigation into tricks sellers have … Read more
by SpontaneousDisorder Sources: https://twitter.com/lisaabramowicz1/status/1145978810615173120 https://www.google.com/search?q=greece+debt+to+gdp Spike on the left is euro crisis. Debt to GDP high as ever yet investors treating greek debt like its safe as houses.
Strong job growth is back: Payrolls jump in June well above expectations Nonfarm payrolls rose 224,000 in June, well above market expectations of 165,000, according to the Labor Department. The unemployment rate edged higher to 3.7% but was still near 50-year lows. Wage growth was 3.1% year over year, one-tenth of a point below market … Read more
https://www.youtube.com/watch?v=EToX5SX6nMw Hank Berriein from The Daily Wire reports, In an interview with Fox News’ Tucker Carlson that was conducted in Japan, President Trump ripped the Democratic politicians that run major cities in America for soaring homelessness that plagues their cities, asserting, “This is the liberal establishment; this is what I’m fighting.” Read More/Source/Credit/FairUse: https://www.dailywire.com/news/49070/…
He’s saying that net censorship by big tech won’t be a problem in the 2020 election because they couldn’t stop him in 2016. He’s forgotten the huge role Alex Jones played in 2016. Jones has disappeared as a force in American culture since big tech banned him. Trump probably thinks things are alright because people … Read more
by Playaguy YouTube is essentially a monopoly. Thanks to a cozy position with regulators Google has been able to increase their presence in a number of markets where they enjoy a near monopoly. Their censorship constitutes silencing.
People look at information as it is presented to them. One dimensionally. They don’t read between the lines. They don’t understand reality. They simply believe whatever they’re told or they ignore it entirely. Debt is not just between the lender and borrower. There’s an investor too. All of this debt is packaged up and sold … Read more
Canada tops list for refugee resettlement (Link to relevant article s below) https://www.cbc.ca/news/politics/canada-resettled-most-refugees-un-1.5182621 https://www.cbc.ca/news/canada/nova-scotia/new-canadians-more-optimistic-than-others-cbc-news-poll-1.5197156 https://www.cbc.ca/news/politics/cbc-election-poll-demographics-1.5189750
by Charles Hugh-Smith What’s left to monetize? It appears the answer is “very little.” Advertising has always monetized consumers’ time and attention, what we callengagement today. Newspapers and periodicals publish advertisements, radio/TV networks and stations air adverts, movie theaters run trailers/ads, billboards occupy our mental space while driving and websites and apps post adverts. The more media you consume, … Read more
The phenomenon has reached historically huge proportions in the Everything Bubble era. But it comes in cycles – with a big impact on the real economy. This is the transcript from my podcast, THE WOLF STREET REPORT: OK, so here we have a phenomenon that has taken on historically huge proportions in the era of the … Read more
Democrat Demands Prosecution Over Jokes, The Left Has Gone Full Authoritarian. A Democrat recently said that anyone making fun of congresswoman should be prosecuted and that they will ‘shut them down.’ This is just another statement in a long line of authoritarian demands made by far left Democrats. From AOC saying she’s the boss … Read more
https://www.youtube.com/watch?v=UdmQ4ha175o Chris Donaldson from I Love My Freedom reports, The administration lost a great asset when Sarah Sanders resigned last month to write a book and possibly pursue her own political future. As a strong, straight white conservative Christian woman, Sanders is everything that the woke socialist left despises and while she has departed the … Read more
by Mac Slavo of SHTFplan Known among economists and Wall Street traders as a “yield curve inversion,” this economic indicator has hit the three-month mark. When this has happened all 7 times previously, the result was an economic recession. We are now in the longest expansion in history, yet the data is all pointing to an upcoming recession – one … Read more
by Martin Armstrong The yield curve has been inverted for the last month. An inverted yield curve occurs when long-term government debt yields fall below rates on short-term notes and bills. For stock market investors, an inverted yield curve is typically a sign that equities could peak before an economic recession will follow. It also … Read more
by Martin Armstrong In all of cable TV during primetime, FOX was number one, MSNBC number two, and CNN collapsed to now number 15. The personal far-left view of the editors at CNN has taken fake news to new heights. CNN came in 15th place in primetime during the previous quarter and lost nearly 20 percent … Read more
