China threatens Australia with boycott over calls for WuFlu inquiry

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Ambassador Cheng Jingye has done Australia a great service. He has taken off the mask. China’s ambassador has shown us the true face of the Chinese government’s feeling for Australia. The Chinese Communist Party for years has been working systematically to undermine Australia’s sovereignty. To “take over” our political system, in the words of Australia’s … Read more

NYC “People Have No Food, People Are Talking About Suicide”

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We are very close now Heads up, stay focused on you, family and close friends Time to circle the wagons and figure out who you can trust https://newyork.cbslocal.com/2020/04/27/delays-for-unemployment-no-food-people-talking-about-suicide/ “People have no food. People are talking about suicide,” Izzi said. “We’re literally begging you, sir, please come out of your ivory tower, come down here in … Read more

Democracy Dies In Orwellian Obfuscation

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“Developments in allegations against Biden amplify efforts to question his behavior,” the Washington Post claims, as they go out of the way to be obvious Democratic Party operatives with bylines. “‘As an editor, I regard this headline as a hate crime and I will be pressing charges first thing in the morning,’ Washington Examiner executive editor Seth Mandel reacted … Read more

We expanded the circumstances under which the United States would consider nuclear first use.

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In other words, we expanded the circumstances under which the United States would consider nuclear first use. pic.twitter.com/ObT34ksqAv — Kingston Reif (@KingstonAReif) April 26, 2020 An attack on our civilian population of any sort could be viewed as a threat which could be met with the first use of nuclear forces according to that document. … Read more

As Stock Market CRASHES, Big Business Gets BIGGER And Monopolies BENEFIT BIG-TIME!

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As we enter into a global depression, businesses like Walmart, McDonald’s and Amazon are set to emerge even bigger than before. Here’s why… by Josh Sigurdson of World Alternative Media Josh Sigurdson reports on the strange case of monopolies utilizing the recent crisis to their advantage with a little help from their friend and ally, the government. While … Read more

Think you‘re well diversified buying the All Country World Index? It‘s now pretty much a bet on Tech and Healthcare… 20 day average for Healthcare & Biotech Optimism indices near *HIGHEST LEVEL EVER*. Forward P/E looks very expensive

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Think you‘re well diversified buying the All Country World Index? It‘s now pretty much a bet on Tech and Healthcare… pic.twitter.com/Megv0oMQGz — David Schrottenbaum (@David_Schro) April 28, 2020 It's all U.S. tech stocks. I've seen this movie before pic.twitter.com/8cWLhLU4HX — Win Smart, CFA (@WinfieldSmart) April 28, 2020 Forward P/E looks very expensive pic.twitter.com/Bhcw8IQfp5 — Win … Read more

The Crash Has Only Just Begun

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by Charles Hugh-Smith Everything, including a rational, connected-to-reality, effective financial system, is on back-order and unlikely to ship any time soon. While the stock market euphorically front-runs the Fed and a V-shaped recovery, the reality is the crash has only just begun. To understand why, look at income and debt. Income–earned and unearned–is in free-fall, while … Read more

“The damage to the household sector is so severe that it is going to impair living standards for most of the decade.”

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“The damage to the household sector is so severe that it is going to impair living standards for most of the decade.” https://t.co/KTsHgIMFuZ — Lisa Abramowicz (@lisaabramowicz1) April 27, 2020 #recession … US #Manufacturing edition#GFC2 has had no problems surpassing the record low points of the original #GFC in 2008-09… 📉 https://t.co/TdzMk9HNL8 — Invariant Perspective … Read more

Buying a house responsibly is really hard.

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by redoran I make $130k – After taxes, mandatory retirement contributions, and health insurance, I take home about $7,050/mo. My household expenses (2 adults, 2 young children) including $1,300/mo in rent amounts to $4,300/mo. We’ve been saving for a house, and have about $34k so far for downpayment + emergency fund. My income will likely … Read more

FED’s term sheet: infinite QE is FED’s lie and bubble

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by onfallen Fed’s SMCCF balance: 0 (look under secondary credit) https://www.federalreserve.gov/releases/h41/20200416/ Asset backed security loan facilities: 0 (look under Credit extended thru FED.., look at that blue term line) https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm Basically, what FED’s doing is giving the market false hope that it will actually do infinite QE, guess what, they’re not actually doing it. It’s almost like … Read more

The Tokyo Whale is hungry again!

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by Shaun Richards A new week has started with something which we will find awfully familiar although not everyone will as I will explain. But first let me give you something of a counterpoint and indeed irony to the news. SINGAPORE (Reuters) – Oil prices fell on Monday on signs that worldwide oil storage is … Read more