1 in 3 American Workers Run Out of Money Before Payday… Household Debt Exceeds $14 Trillion for First Time… Credit-Card Crazy… 

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1 in 3 American workers run out of money before payday…  Going extra light at the grocery store. Cutting down on medical supplies. Buying clothing and household supplies secondhand. These are just some of the many ways many Americans are making it work when money is tight. For about a third of Americans, this is … Read more

Chinese numbers garbage

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by Matties I do not know why anybody wants calculations with Chinese concocted numbers. Garbage in, garbage out. I still hold the “Chinese meme” that Asians are far more prone to this disease. Japanese should be very aware and awoke to use this word. Overfull (ICU) hospitals are at risk to spread the virus especially for … Read more

A volatility trader buys 100,000 $VIX calls in March for 49 cents, the S&P 500 Index continues to hit new all-time highs and discount coronavirus fears, & $VIX options and futures settled this morning at 14.56

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A volatility trader buys 100,000 $VIX calls in March for 49 cents, the S&P 500 Index continues to hit new all-time highs and discount coronavirus fears, & $VIX options and futures settled this morning at 14.56. Host Michael Palmer pic.twitter.com/SHsrKSahHC — Cboe (@Cboe) February 12, 2020

Goldman Sachs sees limited upside for the S&P 500 from current levels and set a price target of 3400 by the end of 2020

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🇺🇸 S&P 500 in 2020 Goldman Sachs sees limited upside for the S&P 500 from current levels and set a price target of 3400 by the end of 2020 👉 https://t.co/fChAdde3Tl h/t @GoldmanSachs#markets #sp500 $spx #spx $spy #stocks #stockmarket #equities #investing pic.twitter.com/4EbyNDXwiq — ISABELNET (@ISABELNET_SA) February 12, 2020 https://twitter.com/FerroTV/status/1227669554358341635

Powell just addressed this a moment ago when he said: “.. what it means is that 20 years from now, we’ll be spending those tax dollars — our children will be spending those tax dollars — on servicing the debt rather than on the things that they really need.”

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Powell just addressed this a moment ago when he said: ".. what it means is that 20 years from now, we’ll be spending those tax dollars — our children will be spending those tax dollars — on servicing the debt rather than on the things that they really need.” https://t.co/aNvsfM7zF9 — Carl Quintanilla (@carlquintanilla) February … Read more

China’s Battered Banks Brace for Worst-Case Economic Scenario

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The impact of the spreading coronavirus risks bringing to life the worst-case economic scenarios contained in China’s annual banking stress tests. Last year’s exercise envisaged annual economic growth slowing to as low as 4.15% — a scenario which showed that the bad loan ratio at the nation’s 30 biggest banks would rise five-fold. Analysts now say that … Read more

Suitcase Full Of Dead Birds From China Intercepted At Virginia Airport

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Can you believe this crap? “According to officials, the traveler arrived on a flight from Beijing, China on Jan. 27, 2020 where the traveler’s final destination was to a residence in Prince George’s County, Maryland,” the outlet reported. “During a baggage examination, CBP specialists discovered a package with pictures of a cat and dog that … Read more

US gov files for a patent for flying craft based on UFO technology

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Wow – so maybe some truth to these UFO sightings after all…. From article less than 10% “ The US government approved a patent for a spacecraft that uses anti-gravity (“repulsive gravity”), mass reduction and non-conventional (non-explosive combustion) propulsion. This form of propulsion possibly means no flames or explosions, but perhaps near-silent electromagnetic field propulsion.” … Read more

Greek 10-year yields fell below 1% for the first time on record. Greece still has a junk rating from all three major rating agencies.

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by SpontaneousDisorder Sauce: https://twitter.com/lisaabramowicz1/status/1227542610312650752 Not that this indicates anything problematic with the financial system or anything. I don’t think central banks policies are making investors take too much risk, buy shit they really shouldn’t be funding. Whats that stupid doomer? Think something is wrong? You know how many experts work for the ECB?  

China ‘buries live chicks alive’ in horror video as bird flu hits country

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They are being buried by the Corona virus Is it humanity? Humanity is dead🤔🤔#coronavirus pic.twitter.com/rdowL2mfMA — Aamir Khan❄️ (@princeamirswati) February 12, 2020 **WARNING: DISTRESSING CONTENT** China has been accused of burying chicks alive to contain bird flu as video emerged on social media allegedly showing hundreds of farm animals being pushed in a “plague pit” … Read more

In China, State Media Reports Long Incubation Period, One Woman Tests Positive 42 DAYS After Returning From Wuhan.

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I’ll try to track the article and translate it with Google but this guy seems to be able to read and translates it himself. [The Epoch Times, February 11, 2020] (Reported by Epoch Times reporter Xu Menger) “The new coronavirus epidemic in Wuhan is still spreading. Recently, a 65-year-old woman was diagnosed with new coronary … Read more

Pete Buttigieg: Flood Small American Towns with Immigration to Grow Population

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Former Mayor Pete Buttigieg of South Bend, Indiana, is touting a new visa program to flood small American towns with legal immigrants to grow the regions’ populations — a boon to corporate investors, housing developers, and big business. https://www.breitbart.com/2020-election/2020/02/11/watch-pete-buttigieg-flood-small-american-towns-with-immigration-to-grow-population/   AC

I Urge You… Do Not Let Political Bias Screw Up Your Investments (#MAGA)

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by The Phoenix Ignore the naysayers, the Trump administration has successful engineered an economic boom. I was recently on Cheddar discussing the markets when the anchor raised the fact that the Trump administration failed to achieve its economic goals. This is false. First and foremost, the economic data put out in the U.S. has become EXTREMELY … Read more

Timeline for the Coronavirus in China

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Currently in the USA there are officially 12 cases of the Coronavirus. Many more are being monitored, such as the 400 people in Atlanta Georgia. Now look at a map in China from the time they began taking it seriously. https://www.nbcnews.com/health/health-news/coronavirus-u-s-map-where-virus-has-been-confirmed-across-n1124546 It’s kind of eerie how fast it grew and spread. Hoping the same doesn’t … Read more

Judge Orders Navy to Release USS Thresher Disaster Documents

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A U.S. District Court judge ordered the Navy to start releasing unclassified documents related to the sinking of USS Thresher (SSN-593), 57 years after 129 officers, sailors and shipbuilders died in the nation’s worst nuclear submarine disaster. In his retirement, Bryant has taken to investigating the cause of Thresher’s sinking because, even six decades later, … Read more