by John Mauldin “It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.” —Harry S. Truman, 33rd US President In recent weeks, numerous commentators started to suggest the US and the world are entering a depression. For some areas of the economy, that is clearly true. But not every … Read more
by: Michael Alexander (Natural News) Beijing is selling tons of fish containing high levels of toxins and heavy metals to Kenya, a leading Kenyan newspaper revealed in a study. According to Kenyan broadsheet The Nation, China has flooded the Kenyan fish market with high volumes of tilapia and other farmed fish for the past three years. This … Read more
by John Mauldin If you have three large objects that have gravitational impact on each other, you can determine where they have been in the past. However, you cannot predict where they will be in the future. At least, not without great difficulty. In physics, this is called the three-body problem. In economics, we are well … Read more
by TripleBrain Just wanted to clarify stock splits with people that have confusion about its “real” value. When a stock splits, essentially nothing happens on the market cap side. It’s taking what you have and dividing it up into smaller pieces, but the net value does not change. I’m sure you all understand this. So, … Read more
by Monica Kingsley Stocks had the perfect excuse to decline based on Fed’s guarded tone and no yield curve control around the corner – but apart from the late Wednesday selloff, they didn’t. Yesterday’s early U.S. session selling pressure aided by weak new unemployment claims, didn’t last long – and the bears didn’t muster enough strength … Read more
by Michael Snyder More than a million Americans were not supposed to be losing their jobs every week by the time we got to the middle of August. By now, vast hordes of unemployed Americans were supposed to be returning to their old jobs and economic activity was supposed to be returning to normal levels. … Read more
BY JOHN RUBINO Back in the simpler days of 2019, there was this (now completely forgotten) impending crisis in which emerging market countries’ dollar-denominated debt was going to blow up their – and by extension the rest of the world’s – economies. The short version of the story is that China, Brazil and some other … Read more
https://www.youtube.com/watch?v=Am1pN6P8onA We are living in unprecedented times. The economy has bottomed out in an epic collapse even as stocks soar to record highs. The reality for the vast majority of Americans is daunting. Financial ruin, food insecurity, and poverty loom ever closer, and standards of living across the country have dropped precipitously to the worst … Read more
History shows at least two examples when the 30 stocks that make up the DJIA failed to match the record highs of the tech sector. Are we living through a third such instance — and if so, what does it say about the stock markets next move? Our Global Market Strategist explains.
https://www.youtube.com/watch?v=qhx9zF_v6O0 In regard to Cenk Uyger, how can anyone look you in the eye and tell you they’re PRINCIPLED when he votes for someone he’s been telling people for YEARS is a corrupt establishment candidate who is “against progressive values?” There’s a LOT of Psychopathy going on in this world. Glad things are recorded. Otherwise, … Read more
Chinese Media Call to Revive ‘Sense of Hunger’ – Video Epoch Times In the face of an imminent food crisis in China, the anchor of CCTV, Bai Yansong, has spoken out saying that the Chinese people need to restore the feeling of hunger. His opinion was broadcasted by state-run media recently and has been met … Read more
Hillary Clinton Does Not Have to Testify on Private Email Server, Appeals Court Rules https://www.theepochtimes.com/hillary-clinton-does-not-have-to-testify-on-private-email-server-appeals-court-rules_3462417.html Federal Appeals Court Rules Hillary Clinton Does Not Have to Testify in Lawsuit Over Her Emails https://news.yahoo.com/federal-appeals-court-rules-hillary-221228923.html Hillary Clinton doesn’t have to testify in lawsuit over her emails, appeals court rules https://www.cnn.com/2020/08/14/politics/hillary-clinton-emails-judicial-watch-lawsuit/index.html AC
Brown Advisory Head of Fixed Income Tom Graff weighs in on the latest jobless claims numbers.
by Ryan McMaken of Mises Institute At this point in American history, it is now safe to say that the idea of “fiscal restraint” has become a quaint relic of the past. The prevailing gospel in Washington, DC, is now to simply spend taxpayer money (and the money of future generations in the case of deficit spending) virtually … Read more
https://twitter.com/TweetWordz/status/1296183782811340808 He wanted to draw his own borders. Why was this video SUPRESSED for over a year? h/t JADR
https://www.youtube.com/watch?v=hY4zY0G00-0
$30,000 in 2009 In EIGHT years of Obama… $11 MILLION. https://www.townandcountrymag.com/society/politics/a31265187/joe-biden-net-worth/ Who the hell is paying him to “speak”? Biden’s basic speaking fee was $100,000, but it ranged from $40,000 to $190,000. h/t McDonald Trump
https://www.cbsnews.com/video/out-of-control-california-wildfires-prompt-state-of-emergency/
BY SRSROCCO There is one chart that should deeply concern most Americans and the U.S. Federal Government. While most analysts and economists are concerned about the rising U.S. Debt to GDP or the skyrocketing Public Debt, there is another indicator that is far more worrisome. Unfortunately, I haven’t seen one economist even mention this fundamental indicator. … Read more
