Breaking news, updates, and reports on current events.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Canadians, fasten your seat-belt. Here are the charts. The Financial Crisis in the US was a consequence of too much debt and too much risk, among numerous other factors, and the whole house of cards came down. Now, after eight years of experimental monetary policies and huge amounts of deficit spending … Read more
by Chris Black We just got word of yet another guilt-ridden, feel-bad flick from our enemies in Hollyweird, this time a so-called western dubbed “Hostiles. And yes, this is a progressive (as in a politically correct) Western. John Wayne rolls into his grave like a ventilator. The movie can be described as the latest … Read more
https://twitter.com/Schuldensuehner/status/933449988276916224 TROUBLE? What is the predictive power of the yield curve? Shape of the yield curve, advanced by 15 mths, has a decent fit w/US GDP growth. But yield curve inversions over-predict recessions. https://t.co/1mo5QwepsZ pic.twitter.com/Ysd5YCKe4F — Holger Zschaepitz (@Schuldensuehner) November 22, 2017 Financial imbalances? You think? pic.twitter.com/F2ZNo5SM40 — John P. Hussman, Ph.D. (@hussmanjp) November 22, … Read more
by Michael Snyder I wish that I had never seen the nude photo of U.S. Representative Joe Barton that is circulating around the Internet like wildfire. It is a photo that he took of himself and sent to a woman that he was not married to, and even though his private area is censored in the … Read more
By Michael Snyder Within the last 7 days, 134 earthquakes “have hammered a three-mile stretch around Monterey County on the San Andreas fault”. 17 of those earthquakes were of magnitude 2.5 or greater, and many believe that these quakes could be a warning sign that a much bigger quake is imminent. Let’s hope not, because … Read more
by Chris Black When it comes to cultural Marxism, Sweden is the canary in the coalmine. Here’s the latest from world’s most progressive country: the city of Oskarshamn is the first to implement a brand new policy for the sake of their citizens: sport aficionados in this tiny Swedish town will now have the option … Read more
by Thinker Even to the casual observer, the financial condition of government budgets are under severe stress. Taxes have gone up consistently and have outpaced any meager adjustments in income for most taxpayers. No one can reasonably expect that municipal financing is assured by simply raising assessments and rates to keep their bloated bureaucracies solvent. … Read more
Bitcoin’s rapid rise in value is sending a warning signal, according to former Fed insider Danielle DiMartino Booth. She says, “To me, Bitcoin is a reflection of panic. It’s a reflection of people trying to get money into a safe place knowing the major governments of the developed world have got their printing presses running … Read more
By Michael Snyder If someone secretly installed software on your computer that recorded every single keystroke that you made, would you be alarmed? Of course you would be, and that is essentially what is taking place on more than 400 of the most popular websites on the entire Internet. For a long time we have … Read more
Scariest Chart of the Overnight Session – @StockBoardAsset? Something is wrong— 2s10s curve (monthly) death cross- last time this happened it was 2007 – @StockBoardAsset? What Happened To Cash Flow Growth: The Red Flag In Q3 Earnings So if one wants to avoid the “fluid”, easily adjustable concept of earnings altogether, and focus on … Read more
by Michael Snyder This story has not been published anywhere in the world yet, and so you are getting to read this before anyone else does. I take allegations of sexual assault extremely seriously, and I would not have published this if these accusations were not solid. Joshua Chavez personally sent me call sheets and other … Read more
By Michael Snyder Once upon a time the United States had the largest and most vibrant middle class in the history of the world, but now the middle class is steadily being eroded. The middle class became a minority of the population for the first time ever in 2015, and just recently I wrote about … Read more
By Robert Carbery America’s massive $20.5 trillion debt will never go down if the federal government continues spending at the rate it has been over recent decades. No amount of tax increases will close the gap between what our government takes in and what we spend on our ridiculously bloated bureaucracy in Washington DC. We … Read more
by Mark Angelides In what must be the most ridiculous interview ever carried out on CNN, Chris Cuomo (no fan of The Donald) speaks with LaVar Ball, the father of LiAngelo, the UCLA basketball player arrested in China. Now sure, LaVar may be anti-Trump, and that’s fine, but this interview is the most ridiculous, ludicrous and … Read more
By Robert Carbery Sunday night, I watched Ian Bremmer on Charlie Rose’s show discussing the goings-on around the world on his one-of-a-kind all-black background television set. Little did I know that that was likely Rose’s last show of his famed career. There seems to be a new revelation each and every morning these days. … Read more
by Chris Black We just got word from Angela ‘Mutti’ Merkel’s open-borders Germany that security forces smashed an ISIS terror cell. Six so-called refugees were arrested and they’re accused of being part of an ISIS group that was planning a terrorist attack on German soil. The six refugees who entered Germany courtesy of Angela … Read more
Those who create these schemes are always ruining it. If you hold gold, gold futures mean nothing to you. All they do is push the price down. This is what they’re trying to do with Bitcoin. This is not to legitimize it. But to attempt to short the price. It doesn’t make sense to me … Read more
The relationship between Russia and America has been well documented as one often full of suspicion and animosity, perhaps as a result of political differences and competing global interests. Now, however, it has come to light that Russian-American business relationships could be better than is currently thought, which could potentially lead to changes in the … Read more
by Mark Angelides A pervasive anti-Conservative attitude has long been present in awards shows and ceremonies, but the exclusion of women who do not lean full tilt for the “progressive” ideology is more damaging to society than most. It is sad but true that young women look to places like Glamour for role-models and information, yet … Read more
By Michael Snyder Is the stock market bubble about to burst? I know that I have been touching on this theme over and over and over again in recent weeks, but I can’t help it. Red flags are popping up all over the place, and the last time so many respected experts were warning about an imminent stock market crash was … Read more
Making smart investments is a lot harder than most people think. There are tons of variables that go into choosing the right places to put your money. For years, people have been using the Forex market due to its simplicity and the chances it provides a person to make money. Taking advantage of tools like … Read more
by Michael Snyder Have we entered a time when justice will begin to prevail in America? For decades, celebrities, politicians and those in other positions of power have been engaging in very serious sexual misconduct, and victims have felt powerless to do anything about it. But now thanks to Harvey Weinstein, the dam appears to be … Read more
By Michael Snyder Once upon a time preppers would hoard gold and silver in anticipation of the meltdown of society, but now Bitcoin is becoming the alternative currency of choice for many in the prepping community. On Monday, Bitcoin hit an all-time record high as it surged past $8,200, and it has now gone up … Read more
By LV Short people got no reason Short people got no reason Short people got no reason To live They got little hands And little eyes And they walk around Tellin’ great big lies They got little noses And tiny little teeth They wear platform shoes On their nasty little feet Well, I don’t want … Read more
by Chris Black This just in, from Brussels, with love: https://www.youtube.com/watch?v=hDxcQgmQYU0 Riots at Christmas market in Brussels. Arabs storm the area. THIS is what regressive Democrats want for us and our children. Gun control leaves the populace undefended there. Yes! We demand extreme vetting. #MAGA #Immigration Riots at Christmas market in Brussels. Arabs storm … Read more