On Wire

https://www.youtube.com/watch?v=RTNeZJEaFFQ Neetu Chandak for the Western Journal reports, U.S. Secretary of Education Betsy DeVos warned of the rising student debt as a “looming crisis” in remarks given at the annual Federal Student Aid Training Conference in Atlanta Tuesday. Read More/Source/Credit/FairUse: https://www.westernjournal.com/devos-…    

Is global real estate slowing down? Or is this just a bump in the road? We are currently in the maximum amount of debt we have ever been in history. Look at it on all levels. It’s never been this bad. They cover up this data by not factoring in real estate. People have used … Read more

Every single time the Fed goes into a tightening cycle, the stock market crashes. For those who AGREE with my thesis, please let me know what you think. Every single time the Fed contracts currency and begins some form of quantitative tightening policy, the stock market falls. This is near 100% accuracy since the inception … Read more

via @chigrl: Full WH statement:    

Normally the hosting state sends the military honor guard to welcome the dignitary to their country when they disembark the plane. I guess French President Macron did not deserve such a distinction when instead it was airport staff at the door and on the tarmac that greeted him. Meanwhile, with eggs getting thrown on him … Read more

via Katherine Greifeld and Emily Barrett As bond traders scale back Federal Reserve rate-hike expectations, one section of the U.S. yield curve is on a fast track to inversion. The spread between 3-year and 5-year Treasury yields shrank to less than 0.1 basis point on Friday, the smallest gap in more than a decade. It may turn negative by the … Read more

Professor of Economics and Law, William Black, who was a top regulator in the S&L crisis, says, “Deutsche Bank is one of the potential sources of the next recession, and you can see lots of people warning that there are signs that a serious recession is pretty likely relatively soon. . . . The whole … Read more

After hundreds of people were arrested and injured during Saturdays’ Yellow Vest protests, government is now mulling all options as a response. That includes a state of emergency, a spokesman confirmed. “It is out of the question that each weekend becomes a meeting or ritual for violence,” Benjamin Griveaux told Europe 1 radio on Sunday. … Read more

by Troy The U.S. stock market rallied last week and is now sitting just under its 200 day moving average. Source: Investing.com The economy’s fundamentals determine the stock market’s medium-long term outlook. Technicals determine the stock market’s short-medium term outlook. Here’s why: The stock market’s long term is bullish, but this will change in 2019. The … Read more

And does trump say “Get me outta here” at the 15 second mark? #Argentina’s President Mauricio #Macri was left alone on stage on Friday (November 30), amid a misunderstanding with U.S. President Donald #Trump which saw the American walk away during a photograph opportunity. Both leaders were shown shaking hands in front of photographers before … Read more

by Thinker In 2011, Mike Maloney was lucky enough to interview Congressman Ron Paul, the politician who ran for president of the United States three times. On his third time around, the mainstream media treated him the way they did Donald Trump and there were media blackouts on the biggest events. Like the current POTUS, … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is not exactly slow motion anymore. In Greater Sydney, Australia’s largest housing market, the housing bust, after a terrific housing bubble, is gaining momentum. In November, according to the CoreLogic Daily Home Value Index: Prices of single-family houses dropped 9.2% year-over-year. Prices of “units” (condos) fell 5.5%; Prices of all types of … Read more

by Egon von Greyerz Both Western and Eastern central banks are now fully supporting gold. Precious metals investors can with total confidence buy and hold physical gold, silver and platinum in the firm knowledge that central banks both in the West and the East will by their actions guarantee that the price can only go up. … Read more

by John Adams from Adams Economics In the past week, economist and former political advisor John Adams visited Australia’s Federal Parliament to speak to politicians about how sick the Australian economy is and how this will result in a devastating Economic Armageddon.  John Adams told the politicians that it is better, and in the national interest, if they … Read more