By Wolf Richter for WOLF STREET. Demand for gasoline collapsed in a stunning and historic manner, starting in mid-March when the measures to slow down the spread of the pandemic took effect, when working from home became the new thing, and when millions …
https://www.youtube.com/watch?v=S1FRb25tcww The [DS]/MSM are in the process of destroying themselves. The COIN operation is underway, the people are watching, the silent majority is growing. More and more of the swamp is resigning. The “How” is coming, it most likely will …
A new tsunami of bad debts washes ashore while banks are still struggling with the debris from the prior tsunami of bad debts. By Nick Corbishley, for WOLF STREET: Over half of Italian companies reported facing a liquidity shortfall by the end …
Long-term care can wipe out your retirement savings. In a worst case scenario, it leaves the surviving spouse in poverty for the rest of their lives while making quality long-term care impossible for them. Long-term care insurance is one potential …
by Venus230 The Department of Justice released today a set of reform proposals to update the outdated immunity for online platforms under Section 230 of the Communications Decency Act of 1996. Responding to bipartisan concerns about the scope of 230 …
China is likely doing a secondary purge of dissidents THIS TIME: It won’t stop this time until about 100,000,000 are gone LET’S FACE IT: Everyone knows Coronavirus was B.S., especially Bolsonaro who just busted the scam wide open, with the most …
The Rich Have Stopped Spending And That’s Tanked The Economy. Though I think NPR’s talk of the economy being “tanked” is somewhat myopic. Or maybe it’s just expressing a hope. But the research does suggest that — unlike Obama’s financial crisis …
by Boomer_Supreme If you’re fighting against the oppressive system by doing what tbe oppressive system tells you to do, you got played. https://www.thegatewaypundit.com/2020/04/snopes-founder-blew-98000-hookers-got-pics-now-garbage-far-left-website-smearing-tgp-us-flags/ https://www.dailymail.co.uk/news/article-4730092/Snopes-brink-founder-accused-fraud-lying.html https://independentstream.com/snopes-exposed-heavily-financed-george-soros/
This is what Sheer Panic looks like! h/t dr0id
Florida testing reveals a new record in positive coronavirus testing h/t Goneviral
via rushlimbaugh RUSH: All right. So look at that headline right there: “Republicans and Democrats Clash Over Police Reform.” You know what this is about? This is about an actual piece of legislation that is being argued and debated in the United States …
by Paul Lengemann, BullsnBears Economist Housing starts increased 4.3% to an annualized rate of 0.97 million in May, below market forecasts of 1,095 million and only slightly higher than an upwardly revised 0.93 million in April. It is the second-lowest level …
by DCG We all have a notion about what government is suppose to do for us, especially since we give them our hard-earned money in the form of taxes. Yet when it comes to your protection, you will find that …
by Steve St Angelo of SRSrocco Report If the carnage that took place in the U.S. shale oil patch during the first quarter of 2020 is any indication of the financial health of the industry, just wait until the second-quarter results are released. …
via asiatimes Reports suggest that the Covid-19 crisis may have led to an upsurge in activity by agencies run by Beijing and the Chinese Communist Party (CCP) such as the United Front, a body President Xi Jinping once referred to as …
via berkeley.edu In 2005, University of California, Berkeley, researchers made the surprising discovery that making conjoined twins out of young and old mice — such that they share blood and organs — can rejuvenate tissues and reverse the signs of aging …
by panthicc Director of Finance for Thousand Currents confirms BLM financial info: https://archive.is/V2JmX The audit: https://thousandcurrents.org/wp-content/uploads/2020/02/Thousand-Currents-06.30.19-FS-FINAL.pdf By popular demand, here’s the image with the full chart: https://i.imgur.com/V1ChZrv.png
Senator Ted Cruz, R-TX, say’s Google’s recent actions involving The Federalist raises concerns that the tech giant is abusing its power to censor political speech it disagrees with. TWITTER TRIED TO BAN TOM COTTON FOR DEMANDING RULE OF LAW DURING …
This is some of the most ignorant stuff I have ever seen. You can tell this guy is trying to stretch as much as he can. Look at these insane charges. Are we supposed to be taking this seriously? Everyone …
by John W. Whitehead “What’s been most striking to me is just how one-sided the rules are when Americans take on their own government…. It has been dismaying to learn the extent to which rules and laws shield the government from …
DOJ Plans To Roll Back Tech Monopoly Legal Protections. “Proposes”? “Makes recommendations” 🙄 Just do it. Enough with the sternly worded letters and endless idle threats. DO SOMETHING FOR GODSSAKE.
by Jason Burack of Wall St For Main St The cash flow problem in the real economy threatens holders of US commercial real estate as the overwhelming majority of that real estate was purchased with massive amounts of debt to increase investment …
by Craig Hemke via Sprott Money News June 16, 2020 At Eric Sprott’s urging, we’ve been monitoring the daily abuse of the Exchange For Physical process since late 2017. However, since late March, the daily totals have fallen off dramatically. Why? Again, the …
by sundance U.S. Senator Josh Hawley delivered a speech on the floor of the senate that deserves some attention. The larger issue outlined by Senator Halwey surrounds the recent Supreme Court Bowstock decision authored by Justice Gorsuch. However, in overlaying the …
by Michael Lebowitz and Jack Scott The next iteration of monetary policy may well be “yield curve” control? Debt and interest rates have become the predominant driving force of our economy. Unfortunately, a majority of the debt is unproductive, resulting in declining …
Hedgeye, Released on 6/16/20 In light of the Fed’s unprecedented intervention into U.S markets and the economy, a viewer asked an interesting question on The Macro Show. Are these recent developments effectively turning the U.S. economy into something resembling Japan’s? …
by jessefelder It should come as no surprise to most investors that U.S. stocks have dramatically outperformed the rest of the world over the past decade. People have come up with tons of stats demonstrating the extremes that our stock market has …
by Egon von Greyerz “Extraordinary Popular Delusions and the Madness of Crowds” happen with regular intervals as Charles Mackay wrote about. It seems that the world experiences more delusions and madness than truth and sanity. The pattern is always the …
