Breaking news, updates, and reports on current events.
via thefreethoughtproject: To those paying attention, the notion of the United States government lying, cheating, stealing, and even murdering, is not some far-fetched conspiracy theory, but rather a very genuinely disturbing reality. While the lying, cheating, and stealing is a common practice among all governments, admitting to it is not. Earlier this month, however, that all … Read more
By Robert Ross For about a week last month, the yield curve inverted for the first time since July 2006. Prior to that, this happened in July 2000 and April 1989. There’s a pattern here… each inversion hit about 18 months before a recession. In fact, the yield curve has inverted before every recession over … Read more
From Birch Gold Group In a recent column on Forbes, contributor Carolyn Rosenblatt outlines an emerging variant of the classic phishing scheme in the form of a scam call from a supposed Social Security representative. Instead of trying to get personal details through email, Social Security scammers will reach the victim via phone, utilizing fairly advanced technology … Read more
via nikkei: With the Brexit saga hogging the newsflow, the flaws and contradictions of the euro project have become less topical, yet they will continue to pose serious risks to economic and political stability well after Britain’s relationship with the EU is settled. Economic logic requires the Eurozone to morph into a single state with … Read more
National Trend to Mandate Renewable Energy as Major Power Source is Ill-Conceived and Foolish. “Ever since Al Gore and his gang of climate scammers came on the scene in the 1990s, we have been fed a steady diet of lies and false predictions. We were told that the oceans would rise as the polar caps … Read more
By Robert Ross I bet you’ve never heard of Pat Munroe. And unless you’re from the Florida Panhandle, I imagine you haven’t heard of Quincy, Florida, either. But the two can teach us a lot about investing. See, in the early 1920s, Munroe was a banker in Quincy. One thing Munroe noticed was no matter … Read more
by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) The last time I checked there was $75 trillion in global money supply, low to near zero interest rate policy (ZIRP) across the board, an inverted yield curve in the U.S. that is flip-flopping, and $11 trillion of sovereign negative yield bonds with 18 countries on the NIRP list. It all adds up to … Read more
By Patrick Watson It’s not a good sign for your health if your blood pressure drops too low. Similarly, the economy is probably sick when its circulatory system slows down. You don’t need a blood pressure gauge to know it either. Just count how many trucks you see on the highway. Under normal conditions, busy highways … Read more
By David Stockman The Everything Bubble: Why You Can’t Be Warned Enough The number one mistake that my critics make is assuming that I am calling to sell the market and go short at the very same time that I warn about a bubble. This is completely untrue because my goal is to spot and … Read more
WhatsApp, which is owned by Facebook, just shut down the massive channel used by Spain's independent leftist political party Podemos. And it did this just days before the general election This is actual, extreme election meddling by a foreign corporationhttps://t.co/PxzZ722Mk8 — Ben Norton (@BenjaminNorton) April 24, 2019 Facebook is participating in actual foreign election meddling. … Read more
by WARREN MOSLE Headline number looks strong, but details show weakness, particularly personal consumption expenditures which continue to decelerate: Highlights The consumer isn’t on fire but still contributed to a very solid 3.2 percent growth rate for first-quarter GDP. Net exports are the driving force of the headline rate, still deeply negative at minus $899.3 billion … Read more
In the aftermath of the Mueller report and former Vice President Joe Biden’s announcement Thursday he intends to run for president in 2020, several news outlets began reporting on Biden’s desire during his tenure in the Obama administration to develop closer ties to Russia. The Washington Free Beacon published a piece Thursday morning reminding readers of Biden’s defense of … Read more
by Martin Armstrong BoJ Statement 4-24-2019 The Great Financial Unknown is now upon us. After 10 years of Quantitative Easing, the European Central Bank (ECB) in Europe owns 40% of the national debts in the EU and it can neither sell them nor stop buying without creating a Panic in Interest Rates. Likewise, the Bank … Read more
Rudy Giuliani says the Clintons “are America’s top crime family.” He said this shocking statement in response to Hillary Clinton saying that Trump would have been indicted if he were not President. This shocking statement was largely ignored by the mainstream media (MSM), but make no mistake, it was no accidental slip by one of … Read more
by Shaun Richards A feature of the credit crunch era has been like an episode of Hammer House of Horror. This has been the march of the Zombie banks where a burst into normal life is always promised but never seems to actually arrive. More than a decade later in some cases we find ourselves … Read more
Authored by Jesse Colombo via RealInvestmentAdvice.com, In my experience as someone who warns about the development of dangerous economic bubbles (both the mid-2000s U.S. housing bubble and the post-2009 “Everything Bubble“), I have been criticized literally thousands of times as the stock market surges year after year and the economy continues to grow. The criticisms typically … Read more
https://www.youtube.com/watch?v=6Lb_5ngm6sk
Collin Rugg from I Love My Freedom reports, Democratic 2020 Presidential candidates seem to be competing for who can present the most radical and extreme ideas. During a CNN town hall on Monday night, Sen. Bernie Sanders was asked if he would grant voting rights for people in prison, including people like the Boston Marathon … Read more
by Martin Armstrong COMMENT: Well you said this winter would be long and the summer shorter. It is still snowing here in the heart of America. It looks like your computer is correct again. Instead of funding research for billion dollars to pretend there is global warming, they should just subscribe to Socrates. Would save a heap … Read more
by Mac Slavo of SHTFplan California is home to some of the most power-hungry politicians on Earth. These people actually hiked the gasoline tax, and are now demanding an investigation into why gas prices are higher in California than elsewhere in the United States. It would be sad if it wasn’t so insane. California Governor Gavin Newson is … Read more