Greg Hunter gives The Weekly Wrap Up for Friday, January 11th, 2019 According to renowned gold investor Jim Sinclair, the global debt reset that has been long predicted has begun. Lots of debt that will never be repaid will be written down around …
Why should people who work for the government make more than those who pay them? Almost sounds like a conspiracy. Federal employees are paid out of tax dollars, which begin by taking them from the private sector. To recap, people …
via telegraph.co.uk: Heavy snowfall this week across Europe has closed down schools, left some remote villages cut off and disrupted traffic and power supplies in many areas in the region. Authorities in Bulgaria said two snowboarders died in an avalanche on Friday. The …
via CBSNEWS: A GoFundMe campaign to subsidize what it called “the Trump Wall” will refund all money to donors because it did not meet its $1 billion goal, said Bobby Whithorne, director of North America Communications for GoFundMe. Donors will receive their …
by John Rubino With the election of Donald Trump, the US right let its id off the leash. Now pretty much everything conservatives have thought but not said is finding its way to Facebook, Twitter, and the evening news. So it’s no …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What SpaceX is trying to do has “bankrupted other organizations,” it said. SpaceX, the unicorn startup with a newly minted $30.5 billion “valuation” and dreams of sending humans to Mars shortly, will lay off about 10% …
via Twitter: On Chris Cuomo’s CNN program this week, professional Trump shade-thrower Ana Navarro got into a heated debate with Trump supporter Steve Cortes over immigration. Much of the discussion was a shouty mess, and the seriousness of the exchange …
by Jesse Colombo Throughout the market sell-off of the past few months, I’ve been showing key technical levels to help determine if further downside was likely or if the rout was truly over. In late-December, the S&P 500 broke below …
by Jesse Colombo CNBC just published a piece about how venture capital spending hit an all-time high in 2018, surpassing the dotcom bubble record: Venture capital just had its highest spending year in history. The amount of money firms spent on private …
by Dr. Eowyn Leonard Pozner is the alleged father of alleged Sandy Hook child-victim Noah Pozner whose image, mysteriously, was among the posters of those who were killed by the Taliban in the Army Public School shooting massacre in Peshawar, …
‘Yellow fever’ has spread to the UK where people are also donning high-viz jackets, as a symbol of protest. Only problem is – it’s being adopted for very different reasons, as Polly Boiko explains. https://youtu.be/-bsj3YJav_c
# Breaking : Just in – Huge Explosion in # Paris ! One store got blowned up! Police are reporting Casualties! Possible Terror attack or something! # Update : Looks like a car bomb went off! Multiple windows have broken …
US President Donald Trump has said that he would not declare national emergency for now to solve the border security funding issueand partial government shutdown. He would rather see the US Congress act. https://sputniknews.com/us/201901111071410763-trump-wont-national-emergency-declaration/?utm_source=short_direct&utm_medium=short_url&utm_content=k24d&utm_campaign=URL_shortening https://twitter.com/SputnikInt/status/1083818738812637184 h/t Watchout
by sundance In the last 24 hours The Epoch Times has become a conduit for leaked information from inside the joint House congressional committee (Oversight/Judiciary) that was investigating DOJ and FBI corruption. [Two Stories: See Here and See Here] The joint House committee previously requested approval …
via visualcapitalist: The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Today’s emerging markets are tomorrow’s powerhouses, according to a recent forecast from Standard Chartered, a multinational bank headquartered in London. The bank sees developing economies like Indonesia, Turkey, Brazil, and …
by Michael Snyder Really strange things are starting to happen all over the world. We’ll talk about “the North Pole’s sudden shift” later in this article, but first I want to focus on the very unusual event which just took place …
Gerald Celente interviewed by Ron Paul on the Ron Paul Liberty Report Economic collapse? More social media censorship? Will we get out of Syria? Are the neocons going to remain in charge of foreign policy? Legendary trends forecaster Gerald Celente joins today’s Liberty Report …
by Jesse “The corporate bond market has all kinds of problems. I think investors should use the strength of junk bonds that’s happened as a gift and get out of them. Corporate credit, as a percentage of GDP, has never …
From Birch Gold Group In September 2018, we showed how FAANG companies were “bracing for impact” because of trade war tensions between the U.S. and China. Now it appears we have our first trade war “casualty” in the form of a …
via diamondandsilk: We all knew that Democrats would be emboldened following their takeover over of the House and they have been trying their best to push the narrative that voters sent a major message during the midterms. In reality, the blue …
Three big factors behind Apple’s big sales slump and dire warning about China from CNBC. via CNBC: Apple’s latest iPhone models are seeing huge discounts from retailers in China. The technology giant recently revised its first quarter sales forecast downward, …
by these-things-happen Starting today, taxpayers can go to www.irs.gov/freefile to find the Free File software product that matches their situation. Each partner sets its own eligibility standards, generally based on age, income or state residency. Taxpayers can do their taxes online from …
via @OccupyWisdom : 1/ Excessive debt, particularly in corporates ~70% of GDP. Raising rates vs. earnings 2/ Global banking/financial houses signaling crisis/instability now – German banking index, Italian banks, US financials down 2x broader market – Banks/Financials leading down 3/ Divided domestic …
via ECRI ECRI’s U.S. Weekly Leading Index (WLI) increased to 143.4 as WLI growth fell further to -6.5%, a 363-week low. On desktop click here to download WLI data for free, including the full history of its level and growth rate. On …
via Reuters: European Central Bank policymakers are likely to debate new multi-year loans to banks, a potent stimulus tool, in the months ahead as they navigate a “fragile and fluid” global context, minutes of their December meeting showed on Thursday. A …
via CNBC: Beijing’s efforts to prop up a slowing Chinese economy, in the middle of an ongoing trade war with Washington, is pushing the government to introduce previously untested policies, according to a senior analyst at Moody’s Investors Service. It …
via Reuters: Federal law enforcement agencies that keep Americans safe are starting to feel the strain of the U.S. government shutdown, in its 21st day, with agents working for no pay and investigations delayed, law enforcement officials said. Training events have …
via mishtalk: Jeffrey Gundlach, CEO of DoubleLine Capital LP, has some interesting thoughts on debt, stock buybacks, and leverage. Please consider Gundlach’s Slideshow on Debt Financed Buybacks. Corporate Credit as Percentage of GDP Investment Grade Has Shorter Maturity Than High Yield …
U.S. government shutdown about to become longest on record from CNBC. via CNBC: It will only take another two weeks for the shutdown to cost the economy more than $6 billion, according to S&P Global Ratings. The partial government shutdown …
There is only so much gov't & fed can do to prop stocks, at some point, the market will figure out the global economy continues to implode. pic.twitter.com/uKrfk6pwhr — Alastair (@StockBoardAsset) January 11, 2019 https://twitter.com/GreekFire23/status/1083843957539393536 The big declines in the …