On Wire

via investmenteurope: Global debt levels have become “higher and riskier” than that of a decade ago, meaning that “another credit downturn may be inevitable”, S&P Global Ratings has warned. In a report entitled Next Debt Crisis: Will Liquidity Hold?, published on Tuesday (12 March), S&P found global debt has surged by around 50% since the 2008 Global … Read more

pic.twitter.com/2qWkPuFDL6 — Donald J. Trump (@realDonaldTrump) March 13, 2019    

“European cities continue to have the highest quality of living in the world, with Vienna (1), Zurich (2) and Munich (3) not only ranking first, second and third in Europe, but also globally,” the report revealed, adding that “as many as 13 of the world’s top 20 spots were taken by European cities.” 20 cities … Read more

Layoffs and closures — the beginnings of a major shakeout. By Adam H. Williams, Senior Associate at E911-LBS, LBSglobe.com, for WOLF STREET: Video games have become the largest entertainment industry worldwide by revenue: $138 billion in 2018 – beating TV ($105 billion), film box office ($41 billion), and digital music ($17 billion). But in 2019, after two decades … Read more

By John Mauldin Last week, the ECB announced it would keep record-low interest rates for longer. The news comes shortly after the Fed gave in to the market and held off on further rate hikes. While investors celebrate the policy reversal, they might soon regret it. This stimulus may indeed buy the market an additional year … Read more

via Zerohedge: When it comes to estimating China’s total outstanding debt, there has long been confusion about the real number with most putting the debt/GDP at around 250%, while the IIF in 2017 calculated China’s debt load as high as 300% of GDP (which means that by now it is substantially higher). Then, last year, … Read more

via @chigrl:      

https://www.youtube.com/watch?v=f9cz7j2j94U Sounds like someone is either off his/her meds or dropped a couple of tabs of LSD too many. KS

https://www.youtube.com/watch?v=TqjLQbzjerw

by howmuch The U.S. economy hit $20.5 trillion in GDP in 2018. What does this number actually mean? Well, GDP stands for “gross domestic product”, or, the total value of goods and services produced by a country in any given year. This means the U.S. produced $20.5 trillion in goods and services over 2018. This is … Read more

RT, Released on 3/12/19 A group of people from the San Agustin neighbourhood in Venezuela’s capital, Caracas, collected wastewater from the Guaire River for everyday use on Monday.    

by TFittonJW Judicial Watch doing the heavy lifting: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-announces-depositions-of-senior-obama-era-officials-and-former-hillary-clinton-aides/ (Washington, DC) – Judicial Watch announced today a schedule of depositions of senior Obama-era State Department officials, lawyers, and Clinton aides who have been ordered by the court to provide answers under oath to Judicial Watch’s questions about the Benghazi and Clinton email scandals. In January 2019, United … Read more

Just wow Winter Storm Ulmer Intensifying Into a Major Plains Blizzard With Heavy Snow and High Winds At a Glance Ulmer is intensifying in the Plains where it will produce heavy snow and high winds into Thursday. Blizzard warnings have been issued from northeast Colorado to North Dakota and northwest Minnesota. Travel conditions will be … Read more