The U.S. economy’s recovery is likely to drag on through the end of next year, with the labor market experiencing its sharpest deterioration since the 1930s, the Congressional Budget Office says

The U.S. economy’s recovery is likely to drag on through the end of next year, with the labor market experiencing its sharpest deterioration since the 1930s, the Congressional Budget Office says https://t.co/x4ahFIxV0R — Real Time Economics (@WSJecon) June 1, 2020 The wart on today's ISM is the lack of improvement in New Orders vs Inventories … Read more

Polk County Florida Sheriff…I like this guy!

by DCG Polk County Florida Sheriff Grady Judge speaking about the riots/protests: “The people in Polk County like guns, they have guns, I encourage them to own guns… And if you try to break into their homes to steal, to set fires, I’m highly recommending they blow you back out of the house with their guns.” Read … Read more

These Riots Are Totally Insane!

https://youtu.be/wHu1LYNvmvw You can thank the federal student loan for creating a generation who has been taught the religion of “resistance”. Your tax dollars paid for your cities and businesses to burn. https://youtu.be/U-6SNm2PAOo   h/t Mr. Time

Head of Canada’s Mortgage & Housing Agency Warns Home Buyers to Question Motives of Those Saying Prices Will Rise

“They’re whistling past the graveyard and offering no analysis.” By Stephen Punwasi, Better Dwelling: The head of Canada’s national housing agency rang off yet another warning to homebuyers. Evan Siddall, the head of the Canada Mortgage and Housing Corporation (CMHC), warned people to question the motives of anyone that says home prices will rise in the near-term. He … Read more

Rents in the Most Expensive Cities Drop. Oil Patch Gets Hit Too. But Massive Gains in Other Cities

Are the Work-from-Home-Folks Moving to Cheaper Pastures? By Wolf Richter for WOLF STREET. In the most expensive rental markets in the US, rents are declining, and did so even in May which normally is a fairly strong month for rents. And there may be some reasons. Zumper in its June rent report: “It seems the pandemic has shifted the … Read more

Charted: The Biggest Foreign Holders of U.S. Debt

by howmuch The U.S. government is borrowing $3 trillion in the second quarter this year, an eye-popping number with unknown implications for the future of the economy. With so much government spending in response to the coronavirus, we started to wonder, which countries actually own the most U.S. debt? Buy this visualization Japan holds more U.S. debt … Read more

The Horrifying Civil Unrest We Have Been Warning You About Is Here, And America Is Literally Coming Apart At The Seams

by Michael Snyder For a very long time, many of us have been loudly warning the American people that this was coming.  The mainstream media and many of our national leaders have been fanning the flames of hatred, anger, frustration and division on a daily basis for many years, and it was just a matter … Read more

Even if small business owners have insurance that covers damage from civil unrest, many will not get payouts for more than a year (if at all).They’re affected far more than big corporate chains. Historically, many businesses never return to areas affected by significant rioting and looting.

by DontMicrowaveCats I’ve seen a lot of posts all over social media condoning rioting and looting in the name of the cause…with the justification its not a big deal because they’re covered by insurance, and financial damage doesn’t matter in comparison to the broader issue of police injustice. While property will of course never be … Read more

Deep State’s Day of Reckoning with Brian Boyd

from Financial Survival Network Brian Boyd is a 30-plus year professional intelligence analyst and counter terrorism specialist. He is a former Green Beret, and was part of the leadership of the Joint Special Operations Command which oversees the Special Forces, Seal Team 6 and the Delta Force. He also served in the Departments of Defense, Justice & … Read more

NO SOLUTION: Is It “Antifa”, Or The Federal Reserve That’s THE REAL TERRORIST GROUP

via silverdoctors: Until Americans recognize the Fed is a domestic terrorist group, therein lies the problem. America has a LONG way to fall… How do you solve a problem that can’t be solved? America is descending into third world status right now, and we’re descending at breakneck speed. I thought silver was going to gap up more … Read more