Paul Krugman hardest hit.

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UNEXPECTEDLY! Rank-and-File Workers Get Bigger Raises. Wages for rank-and-file workers are rising at the quickest pace in more than a decade, even faster than for bosses, a sign that the labor market has tightened sufficiently to convey bigger increases to lower-paid employees. Gains for those workers have accelerated much of this year, a time when the … Read more

The effects of california’s war on uber seem likely to destroy some of america’s most vibrant on-line communities

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Typical idiot leftists. They’re calling on the employer to fix the problem created when they called on the state to hassle the employer. Idiots. A message from the SB Nation MLB communities. Last week we learned that our peers at the California-based SB Nation communities would face major changes under California Assembly Bill 5. You … Read more

Is Social Media the New Tobacco?

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by Charles Hugh-Smith If we set out to design a highly addictive platform that optimized the most toxic, destructive aspects of human nature, we’d eventually come up with social media. Social problems arise when initially harmless addictions explode in popularity, and economic problems arise when the long-term costs of the addictions start adding up. Political problems … Read more

“The capital markets for oil and gas remain extremely difficult. The risk appetites of the banks for energy lending are much lower.”

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By Wolf Richter for WOLF STREET. The Dallas Fed’s Forth Quarter Energy Survey, released today, portrays an industry that is turning increasingly somber. The data is based on responses of executives (names are not disclosed) of 170 energy companies – 111 exploration and production (E&P) companies; and 59 oil field services companies – located or headquartered in the Dallas … Read more

New Rasmussen Poll — 24% of likely voters are braindead…

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https://m.rasmussenreports.com/public_co…gop_senate Voters View Impeachment As DOA in GOP Senate Even Democrats consider it highly unlikely that the Republican-run U.S. Senate will remove President Trump from office now that he has been impeached by the Democrat-controlled House of Representatives. A new Rasmussen Reports national telephone and online survey finds that just 24% of all Likely U.S. … Read more

Bank Collapse In America! $206 Trillion Debt – Prepare For Economic Collapse 2020 Stock Market CRASH

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https://www.youtube.com/watch?v=fj6sOJpFuew   The economic collapse is already here. It’s already here; they’re just not televising it. There are not telling you about it. If you look at central bankers, they’ve never been right about any stock market crash, any depression, any recessions ever. Bank failures are happening all over America. The bank collapse has started, … Read more

A Week Before Christmas, Goldman Sachs Federally Insured Loses $1.2 Billion in Derivative Bets

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via wallstreetonparade A week before Christmas when Americans were focused on either the impeachment proceedings or holiday preparations, the Office of the Comptroller of the Currency (OCC) quietly released its quarterly report on the trading and derivative activities of Wall Street’s casino banks. It contained a humdinger in, literally, red ink. The report showed that Goldman … Read more

Estimated Earning’s Dates for January 2020

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by Not_reddits A look at #earnings for January 2020https://t.co/lObOE0dgsr $AMZN $AAPL $AMD $TSLA $NFLX $FB $MSFT $BABA $CMC $INFO $STZ $BBBY $TEUM $WBA $TWTR $JPM $SNAP $LW $BAC $BA $SHOP $MCD $UNH $APHA $FCEL $PYPL $INTC $GE $LEN $CLF $C $V $MA $BYND $DAL $SBUX $GS $ABBV $JNJ $DPZ $WFC pic.twitter.com/8HlGi03s3G — Earnings Whispers (@eWhispers) … Read more

“Is everybody in?”……Hedge fund exposure to US equities “exploding”

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"Is everybody in?"……Hedge fund exposure to US equities "exploding" $SPY pic.twitter.com/3nFelZxNwR — LongConvexity (@LONGCONVEXITY) December 27, 2019 Pretty obvious how the New Year will unfold. https://t.co/4vRN8Y2TFR — Albert Edwards (@albertedwards99) December 27, 2019 It's just "technical". pic.twitter.com/JROpclkVHJ — Randy Woodward (@TheBondFreak) December 27, 2019     Fed Is Expanding Its Balance Sheet At Fastest Pace … Read more

Media’s Deafening Silence On The Biggest Scandal Of 2019 Is Chilling

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Authored by Caitlin Johnstone via CaitlinJohnstone.com, This is getting really, really, really weird. WikiLeaks has published yet another set of leaked internal documents from within the Organisation for the Prohibition of Chemical Weapons (OPCW) adding even more material to the mountain of evidence that we’ve been lied to about an alleged chemical weapons attack in Douma, Syria last year which resulted … Read more

Dr. Fed Frankenstein Kept Alive by Zombies

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by David Haggith  Did you know Dr. Frankenstein created a monster that stays alive to this day by eating zombies? Neither did the zombies. Neither, apparently, did Dr. Frankenstein. In fact, the zombies, being braindead as zombies are, do not realize that they are also keeping alive the diabolical doctor who made the monster that is … Read more

The Average Millennial Has A Subprime Credit Score (And Over $80,000 In Total Debt)

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from Zero Hedge As Millennials rage against older generations of Americans, they appear to have forgotten one thing: their own deplorable credit score, or as Experian notes, “what many people might not know: Millennials also have one of the lowest average credit scores of any generation.” As the following chart from Deutsche Bank shows, the average FICO score … Read more

Wife of Man Who Exposed Google’s Election Rigging Dies in Mysterious Car Accident: “I was supposed to die in your arms some day”

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Wife of Man Who Exposed Google’s Election Rigging Dies in Mysterious Car Accident Dr. Robert Epstein @DrREpstein My beautiful wife Misti, a published poet, succumbed last night to injuries sustained in a car accident. I was supposed to die in your arms some day, but a slippery road has ruined everything. You were not just … Read more

Yale psychiatrist Bandy X. Lee calls on Pelosi to submit Pres. Trump to involuntary psych evaluation

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by Dr. Eowyn Bandy Xenobia Lee, MD, MDiv, 49, is an assistant clinical professor of psychiatry at the Yale University School of Medicine. According to Wikipedia, Lee was born and raised in the Bronx, New York, and is of Korean descent. With an MD from Yale University School of Medicine in 1994 and an MDiv from … Read more

Congrats demorat-run Baltimore, you did it! City breaks record for killings per capita in 2019

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by DCG One day after I reported that Baltimore was nearing a record homicide rate, they achieved it! WISHTV has the details: “With just over 600,000 residents, the city hit a historically high homicide rate of about 57 per 100,000 people after recent relentless gunfire saw eight people shot — three fatally — in one day and nine others — … Read more

Barron’s says a yellow light is flashing. The S&P500 is up 33% in a year while earnings have been flat. Valuations are now at nose bleed levels. Worryingly Forbes say analysts may have to cut 2020 earnings estimates.

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by InterestingNews1 The recent bullish sentiment is driven by forecasts for earnings growth of 10% next year. A Forbes article says that may have to be revised down. 10% Earnings growth would require the 5% revenue growth forecast PLUS net margin expansion. However net margins at 11% are already above historic averages (after Trump’s tax … Read more