On Wire

Kirby warns, “Nobody could come to grips with the criminality that was present in our system. . . . The slow burn is probably not in the cards anymore. We are likely to see very significant change in the very near term going forward. . . . We are starting to see signs of admission … Read more

Surprised? No Bullshit.   h/t BFD

via northmantrader: In last week’s Weekly Market Brief I made the case for a coming $VIX spike: “With a $VIX now at 13.5 and a big open gap at 24+ the $VIX is setting up for a rebellion”. Indeed $VIX rebelled this week with a move from 13.5 to above 18 a move of 33%. The first real volatility … Read more

From The Democrat’s Dilemma: The primary reason that mass immigration destroys the welfare state because immigrants receive more in benefits than they pay in taxes. This is not true for every immigrant—some never collect government handouts—but it is true for the overall immigrant population.  Studies from across the Western world prove this point. A recent, and … Read more

by Martin Armstrong There is a real crisis in the fertility rate which has fallen to such a low level that all the socialism going forward will simply collapse. What used to be the Baby Boom is now being called the “Baby Bust,” which means that in all first-world countries there is a real crisis for … Read more

by Mish Shedlock Challenger reports a huge jump in layoff announcements. The retail sector is very hard hit. The Challenger Report shows employers announced 76,835 job cuts in February. The shortest month of the year saw the highest number of job cuts in over three-and-a-half years, as U.S.-based employers announced plans to cut 76,835 positions from their payrolls … Read more

Macroeconomic analyst Rob Kirby says, “Global financial system is critically broken.” With massive amounts of secret and not so secret money already created, what will happen to gold? Kirby says, “The price of gold will revalue itself once the carnage and the pieces are all on the ground and people around the globe realize the … Read more

from Zero Hedge As markets sink further into the red during what will likely become their worst week of the year, more skeptical reports about the likelihood of a deal have emerged. On the heels of a report that a tentative summit with President Xi had been pushed back, the Financial Times returned with comments from a senior administration … Read more

via @grimacemcdonal1: I don’t believe the Unemployment Rate is 3.8% when it takes the average American five MONTHS to find a job. Either the BLS or the St. Louis Fed is wrong. I think the BLS is full of shit. Please retweet & plan accordingly.  

I Love My Freedom reports, House Speaker Nancy Pelosi still hasn’t gotten over President Donald Trump winning the election over two years ago. https://www.youtube.com/watch?v=HjnTbi0COzQ Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/watch-pelo…      

Look at the financial system today. There are two sides here. One side will ignore reality and tell you everything is just fine. The other side shows the extreme fragility that has only been made weaker since the Financial Crisis. The odd part is that no matter how strong a bubble can become, it is … Read more

Washington Free Beacon reports, Rep. Alexandria Ocasio-Cortez (N.Y) has been hit with an ethics complaint alleging that the freshman Democrat improperly used House resources for political purposes in violation of ethics rules. https://www.youtube.com/watch?v=OyzlBiiu6co Read More/Source/Credit/FairUse: https://www.chicksonright.com/youngco…  

Scott Morefield from The Daily Caller reports, Democratic Minnesota Sen. Amy Klobuchar distanced herself Tuesday from the declared socialism of fellow 2020 presidential contender Bernie Sanders. https://www.youtube.com/watch?v=oZkbWACXuR4 Read More/Source/Credit/FairUse: https://dailycaller.com/2019/03/05/am…