On Wire

by Michael Snyder If your head is spinning from the wild fluctuations that have shaken global financial markets, you are definitely not alone.  On Sunday, President Trump angrily threatened to hit China with enormous new tariffs, and it looked like hopes for a trade deal between the United States and China had collapsed.  Overnight, Chinese stocks … Read more

Wall St. For Main St., Released on 5/6/19 Jason talks about mercantilism and listener comments about tariffs and the history of trade wars. He also makes some educated guesses about how the US vs China trade war could escalate Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the … Read more

John Williams Interviewed by Greg Hunter on USA Watchdog If rate cuts don’t happen soon, is the economy going to tank? Economist John Williams says, “The economy is tanking, and I’ll contend it already has, although we have not seen it in the GDP reporting. . . . The ultimate thing here is you have a collapse in the … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Goods producing economy suffers globally. Services expected to keep it all taped together. “There remained notable differences in performance between the manufacturing and services sectors. Whereas manufacturing production fell for a third successive month, service sector growth was sustained at a solid, albeit slower, rate” – so the IHS Markit Composite PMI this … Read more

The D’s Senators put out a poll and it did not go they way they thought so the they deleted it. Mueller report shows that they used lower standards to get the FISA warrants. The Mueller report shows no Russians were involved. The [DS] makes the case of why Trump should be indicted and impeached … Read more

via @TaviCosta: Corporate debt at extreme levels but credit spreads near record lows? This imbalance is unsustainable and party should soon be over. Stocks & corporate credit due to resume what began in Q4.  

The idea of invading Venezuela, especially with Russians present, would be an odd idea indeed: http://archive.is/tLPjt  

via mishtalk: Trump announced in Tweets he is hiking tariffs on China. He told two lies in those Tweets. There’s an implied third lie. Supposedly, trade talks with China are going “really well”. The talks are going so well that Trump Says He Will Increase Tariffs on $200 Billion of Chinese Goods. President Trump said Sunday that … Read more

from Financial Survival Network John Rubino returns… They used to say, follow the money, now it’s follow the debt. John Rubino believes that the key to deconstructing the news media’s latest hype or fake news is to simply watch the debt explode geometrically. Excessive debt causes irrational behavior which leads to comedians getting elected president. Where have … Read more

You Won’t Believe What Speech This GOV Wants To Make Illegal  

by axolotl_peyotl Tucker Carlson: Facebook’s Zuckerberg Dictating Which Political Opinions You’re “Allowed To Have” This is the slow creep, and it’s starting to speed up remarkably fast: “Groups that do things that are dangerous.” What exactly does that mean? “Dangerous,” like hurting other people? Or “dangerous,” as in saying things that Mark Zuckerberg doesn’t like or … Read more

by visualcapitalist Go back in time a decade, and you’d have a tough time convincing anyone that they would be “employed” through an app on their phone. And yet, in a short period of time, the emergence of the smartphone has enabled the gig economy to flourish into a multi-trillion dollar global market. And by leveraging … Read more

By Harry Dent Smart people are worried. They should be. Never mind the chaos around the world (like mass shootings, terrorist bombings, Armageddon marches, etc. ad infinitum), it was recently report that Christine Lagarde, the managing director of the IMF, is “doubly concerned” about the level of global debt. She was speaking at the Milken Institute … Read more

Starts at about 2 minutes in   h/t Jake

From Birch Gold Group This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Global gold demand rises by 7%, bullish gold wave is coming, and central banks continue their sky-high gold purchases into the new year. Global Gold Demand Rises By 7% in Q1 2019 In their … Read more

It was internal decay that destroyed rome not an external army.   h/t Jake

https://youtu.be/C11BshLSn94 I hope the British people actually get to see this video, but I have the feeling this is going to be removed or blocked from any major site in the UK, drastically reducing it’s reach. They will stop at nothing to prevent this man from being elected to any office, including manipulating votes or … Read more