Brexit & Pi

by Martin Armstrong   We are approaching 31.4 months this February from the original Brexit referendum on June 23, 2016.After such a period, the British government’s incompetence is shining through. The EU wants a hard border in Ireland all because …

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FITTON: Judicial Watch sued for Secret Service records for Bill Clinton’s alleged trips with Epstein. No records found, as I recall.

by TFittonJW .@JudicialWatch sued for Secret Service records for Bill Clinton's alleged trips with Epstein. No records found, as I recall. https://t.co/qnD8PUvVZn — Tom Fitton (@TomFitton) February 6, 2019 https://www.judicialwatch.org/press-room/press-releases/judicial-watch-sues-for-secret-service-records-of-costs-for-bill-clintons-trips-to-caribbean-island-owned-by-registered-sex-offender-jeffrey-epstein/ (Washington, DC) – Judicial Watch announced today that on June 15, …

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‘China Must Be Destroyed’

There’s an old story from Roman history about Cato the Elder trolling the peaceniks in the Roman Senate by dropping figs on the floor. The hook was that the figs were from Carthage, Rome’s rival for supremacy in the Mediterranean. …

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Business Confidence Is Starting to Crack

BY PATRICK WATSON Actions speak louder than words. That’s why surveys asking people what they think about the economy aren’t always useful. Their actions might not match their words. Of course, attitudes are important because they guide our decisions, even though we don’t …

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Student Loans – The Economic Time Bomb

by Martin Armstrong Trump should reverse what the Clintons did to student loans. He should RESTORE the right to go bankrupt. This huge problem was created by the Democrats who exempted student loans from normal protection for consumers. In addition, the bankers …

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The Average Adjustable-rate Mortgage Is Nearly $700,000!

by confoundedinterest MarketWatch has the tantalizing headline of “The Average Adjustable-rate Mortgage Is Nearly $700,000.” True, the average loan size for ARMs (adjustable-rate mortgages) is substantially higher than for FRMs (fixed-rate mortgages). But here is a catch. Mortgage refinancing applications are virutally …

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The Categorical Insanity of Central Banking

via economicprism: Currency debasement.  Asset price inflation.  Booms, bubbles, and busts.  Yes, folks, central bankers have succeeded at making full hash of the world at large.  This goes for the Federal Reserve too. Tracing back recent financial disasters we find the …

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