Reddit Hits Peak Hypocrisy: Calls to violence and for the destruction of property litter the front page

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by axolotl_peyotl Here’s an example. It’s well overdue that those idols are smashed Comments like this are receiving hundreds and even thousands of upvotes. This is advocating for the violent destruction of private property, which reddit is now condoning. Why peak hypocrisy? Folks like me are censored regularly for bullshit reasons…for example I actually received a warning from the … Read more

FEDERAL DEBT TOPS $26 TRILLION; SPENDING SETS NEW RECORD VIRUS; SECOND WAVE SPOOKS STOCKS; SCRAMBLE FOR GOLD

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  Federal Debt Tops $26 Trillion for First Time; Jumps $2 Trillion in Just 63 Days (CNSNews.com) – The debt of the federal government topped $26 trillion for the first time on Tuesday, when it climbed from $25,960,547,920,986.11 to $26,003,751,512,344.91, according to data released today by the Treasury Department. The federal debt had topped $24 trillion … Read more

Former Dutch Scientist Willem Engel Speaks Up – A Crisis In Science, Lockdown Is A Disgrace

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https://www.youtube.com/watch?v=PiwhYpvvNck&feature=emb_title In this short SUBTITLED version of that 1,5 long conversation Willem tells and shows the Dutch audience a simple model that explains why * The lockdown is a disgrace * Why many scientist and medical experts do not dare to speak out * Why the models used by the governments are wrong * Why … Read more

Physicists set a new record by linking together a hot soup of 15 trillion atoms in a bizarre phenomenon called quantum entanglement

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Physicists set a new record by linking together a hot soup of 15 trillion atoms in a bizarre phenomenon called quantum entanglement. The finding could be a major breakthrough for creating more accurate sensors to detect ripples in space-time called gravitational waves or even the elusive dark matter thought to pervade the universe. Entanglement, a … Read more

U.S. Military Occupying America’s Streets In Pictures

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by mapi Military police in front of the old State House Crispus Attucks killed in front of the old State House Cristopher Columbus statue protected by White Minnesota cops Beheaded Cristopher Columbus statue investigated by Boston cops White cops protecting Abraham Lincoln statue According to an article on History.com, Abraham Lincoln did not want black people to be … Read more

Crisis “Incubation Phase” – John Hussman Warns It’s Coming “Gradually, & Then Suddenly

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Excerpted from John Hussman’s Market Comment, Key points 1) The May jobs “shocker” was largely a reflection of CARES coverage of corporate payrolls. 2) The gap between Wall Street and Main Street appears similar to the “incubation phase” of other major downturns. 3) Federal support remains essential, but is best targeted toward preserving the “circular flow” of the … Read more

As Businesses Flee The Violence, Will Major U.S. Cities Be Transformed Into Economic Wastelands?

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by Michael Snyder Urban communities all over the U.S. are now facing the possibility of a mass exodus of businesses, and many local leaders are freaking out because they realize what such a mass exodus will mean for their cities.  In the aftermath of George Floyd’s death, peaceful protests were held in more than 300 … Read more

“If you’re a day trader and you can walk and chew gum, you are making money right now.” – Mark Cuban

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The recent run-up in stocks and surge in day trading reminds Mark Cuban of the months before the dot-com crash, he said in a recent Real Vision interview published on Tuesday. “If you’re a day trader and you can walk and chew gum, you are making money right now,” the “Shark Tank” star and Dallas Mavericks owner … Read more

Dow jones: Brace for a bloodbath.

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Dow jones: Brace for a bloodbath. pic.twitter.com/5ndSnq26HL — The Great Martis (@great_martis) June 10, 2020 pic.twitter.com/pe2j3qtK2p — Antonio Pérez-Algás (@apanalis) June 10, 2020 #recession … #StockMarketCrash2020 edition#BuyBacks now less than #SellBacks https://t.co/VbIyBchYpb pic.twitter.com/tcOGiFwUxU — Invariant Perspective (@InvariantPersp1) June 10, 2020 https://twitter.com/QTRResearch/status/1270861110770651136 Time for a breather? “It’s starting to look that way,” says @TimmerFidelity Using 2009 … Read more

Powell has done more to create inequality than any Fed President in history

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https://twitter.com/realwillmeade/status/1270789300943294467 Questions for Powell: potential balance sheet losses, massive income inequality divide they are fomenting, Fed-induced stock bubble, exit plan, do they consider their mandate beyond dual? #Fed @DiMartinoBooth @GaryKaltbaum @DavidBahnsen @cvpayne — Kathryn Rooney Vera (@KRooneyVera) June 10, 2020 https://twitter.com/Paul91701736/status/1270793171463573504 On the grounds that Yield Curve Control has worked so well in Japan……….Oh hang … Read more

Jeffrey Gundlach, the CEO of $135 billion DoubleLine Capital: “A ‘wave’ of layoffs is coming for $100,000/year white-collar jobs”

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https://finance.yahoo.com/news/jeffrey-gundlach-sees-unemployment-wave-hitting-white-collar-jobs-224443437.html Gundlach, who runs the Los Angeles-based bond investment firm, explained that one of the outcomes of remote work is it reveals who produces and who doesn’t. “What people may have learned for white-collar services jobs, in particular, during the work-from-home lockdown situation, at least in my perspective — I’ve talked to a lot of … Read more

So we’ve seen the biggest monetary injection in US history and there will never be a need to tighten. Powell makes Yellen look like Volcker.

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https://twitter.com/jtepper2/status/1270782827760627714 The @federalreserve statement is out. Looks like the it just couldn’t resist doing more. The #Fed extended forward policy guidance (essentially zero rate) through 2022. Risk markets will like the hyper activism, serving to decouple them even more from the economy. More to follow. https://t.co/LEZIEtrICA — Mohamed A. El-Erian (@elerianm) June 10, 2020 Fed’s … Read more