Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Trade goes out-of-whack as Corporate America searches for cheap labor & tax benefits. Exports increase economic activity as measured by GDP; and imports do the opposite, they reduce GDP though they tend to increase corporate profits …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But the US government got them all beat. Tesla and its CEO Elon Musk had a magic touch when it came to marketing. Walking on water was just a low-level activity. Tesla was able to create …
by Charles Hugh-Smith Trade is only one manifestation of much deeper economic insecurities and imbalances. China’s enormous successes–raising hundreds of millions out of poverty, landing a rover on the dark side of the moon, etc.–are well known. Less appreciated is China’s …
by Michael Snyder Is the consumer debt bubble finally starting to burst? If the latest numbers on delinquent credit card accounts are any indication, that appears to be precisely what is happening. As I noted the other day, Americans currently have …
by Michael Snyder The long-term trends that are gutting the U.S. economy continue to get even worse. As you will see below, our goods trade deficit with the rest of the world hit a brand new record high in 2018, and …
Amanda Prestigiacomo from The Daily Wire reports, On Saturday night, National Review writer and podcast host Katherine Timpf ripped into media darling Rep. Alexandria Ocasio-Cortez (D-NY) for the socialist’s widely criticized Green New Deal, which Timpf categorized as evidence that …
Can we just admit it? This is not a REAL bull market. Stock buybacks, central banks, short squeeze. Not even the major institutions or retail investors are getting sucked in right now! What a terrible joke and yet, just look …
via visualcapitalist: The global financial system has created massive wealth, but its centralized nature means the spoils have gone to the people who are best connected to the financial centers of the world. As global inequality continues to rise, how can wealth building …
by howmuch Personal loans are an increasingly popular product, and people are using them to either consolidate some other type of debt, cover an emergency or fuel irresponsible consumption. That’s according to an in-depth study from LendingTree, which looked at anonymized …
Store closures are looking to be a record high. So far in 2019, there have already been over 4000 stores closing. There’s no way to deny the economic slowdown. No, the economy is not doing well. Another wave of retail …
When you start your day with some morning coffee and turn on the computer to see a giant anti-CNN billboard has made the news, then it’s a good day! https://www.youtube.com/watch?v=FtUPWL-NrEA Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/anti-cnn-b…
Collin Rugg from I Love My Freedom reports, Rep. Alexandria Ocasio-Cortez has recently been under fire for her massive carbon footprint. https://www.youtube.com/watch?v=_9zplIES5MI Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/aoc-respon…
from Zero Hedge A bipartisan bill introduced on Tuesday by Sens. Rand Paul (R-KY) and Tom Udall (D-NM) would end US involvement in the nearly two-decade-long war in Afghanistan. The 2019 American Forces Going Home After Noble Service (AFGHANS) Act calls for …
via Bloomberg: Wall Street banks and hedge funds are closing in on a fix that they hope will clean up an $8 trillion portion of the derivatives market that’s gained a reputation for being one of the shadiest corners in …
via Bloomberg: Aberdeen, Washington, is a far Northwest outpost of JPMorgan Chase & Co., with one lonely branch perched near the Pacific, 2,900 miles from Wall Street. Now the bank is planning to depart the rainy timber town that gave the …
via Zerohedge: ADP has dramatically revised January’s job gains upward to +300k but February’s print came in at a slightly disappointing +183k (below the 190k exp). Small business (1-19) saw job losses (-8k) in February and Education (-2k) was the …
via trueeconomics: As raging buybacks of shares and M&As have dropped the free float available in the markets over the recent years, Earnings per Share (EPS) continued to tank. Yet, S&P 500 valuations kept climbing: Source: Factset As noted by the …
From Brandon Smith I have recently been exploring the deeper issues surrounding Artificial Intelligence and the implications of its use by the establishment, and what I have found is an ever increasing propaganda drive to acclimate the masses to the notion …
by magenta_placenta Three people conducted what they call a ‘grievance studies’ experiment. They wrote fake papers on ridiculous subjects and submitted them to prominent academic journals in fields that study gender, race, and sexuality. They did this to “expose a …
Good to keep up to where technology is at the present moment. This could easily be done on TV’s here in America as well at some point if not now already. Rachel Maddow character created and maintained? Would you be …
Investigative journalist Greg Palast appears on the Jimmy Dore Show. The conversation turns to DWS threat to kick Bernie Sanders out of the Democrat Party if Sanders does not go along with program to starve Venezuela into submission. Palast: “Wasserman …
by Mac Slavo of SHTFplan Although many declared the deceleration in the economy in December to be a “soft patch” that we’ve somehow recovered from, others aren’t so sure. The rest of the global economy is slowing down and sinking at a fairly …
by Andy Xie The markets are celebrating the pending agreement between China and the United States to end the trade war. This follows the US Federal Reserve signalling a pause in raising interest rates. The euphoria is bringing the bulls out …
by John W. Whitehead “The Fourth Amendment was designed to stand between us and arbitrary governmental authority. For all practical purposes, that shield has been shattered, leaving our liberty and personal integrity subject to the whim of every cop on the beat, …
It’s pretty bad when Pelosi seems the more reasonable person. AC
by DCG I’ve blogged about the homeless crisis in Seattle that is exacerbated by bureaucrats who do not punish the homeless for their criminal activities. See the following examples: How many convictions does it take for Seattle City Attorney to …
https://www.youtube.com/watch?v=lJBLbbJuBPY “The power of the sword, say the minority…, is in the hands of Congress. My friends and countrymen, it is not so, for The powers of the sword are in the hands of the yeomanry of America from sixteen …
Twitter is protecting you from bots you didn’t know existed, you’re welcome! #RussiaGate #Twitter
CNN IRS Scandal: https://www.cnn.com/2014/07/18/politi…
via Zerohedge: Over the past year, one of the key concerns to emerge in the $6.4 trillion investment grade corporate bond market is when and how will BBB-rated bonds, which now comprise 60% of all outstanding IG names in the …