Market Drops Trump Threatens South America With Tariffs Dollar Drop Manufacturing Data Disappoints
https://www.youtube.com/watch?v=5FNX_IuhnV4
How to Stop Elizabeth Warren’s Wealth Tax
By Patrick Watson Wealthy Republicans—and even some Democrats—are worried about Elizabeth Warren. Specifically, they fear her wealth tax idea. That makes sense. Their wealth is important to them. They don’t want to lose any of it. But they will, if the Massachusetts senator wins the presidency and convinces Congress to pass her idea, or something similar. … Read more
America’s “Full Employment” Hides a Dirty Secret
by John Mauldin Should just being “employed” make people/workers happy? On one level, any job is better than no job. But we also derive much of our identities and self-esteem from our work. If you aren’t happy with it, you’re probably not happy generally. Unhappy people can still vote and are often easy marks for … Read more
A Snapshot of Income Inequality Around the U.S.
by howmuch Over the past 40 years, the average individual income in the U.S. has grown by 65%. However, not everyone has reaped the benefits of higher wages. Income inequality is at an all-time high, and the combined wealth of the top 1% of earners is almost as much as the combined wealth of middle-class Americans. Interestingly, some metro areas … Read more
Could America Survive a Truth Commission?
by Charles Hugh-Smith A nation that’s no longer capable of naming names and reporting what actually happened richly deserves an economic and political collapse to match its moral collapse. You’ve probably heard of the Truth Commissions held in disastrously corrupt and oppressive regimes after the sociopath/kleptocrat Oligarchs are deposed.The goal is not revenge, as well-deserved as that … Read more
FITTON: Is the New York Times promoting a military coup against President Trump?
.@NyTimes promotes a military coup against @RealDonaldTrump? https://t.co/cEqNMXs5ah — Tom Fitton (@TomFitton) December 1, 2019
5 Strange Things about the London Bridge Event 2019
https://www.youtube.com/watch?v=Fmo_h8TrLIc Recently there was a “event” on the London Bridge. I go into some of these here.
China tests killer drones for street-to-street urban warfare, plans sales overseas
The developer, Tianjin Zhongwei Aerospace Data System Technology, said the unmanned aerial vehicle had been designed to carry out both reconnaissance missions and close-range strikes against armoured vehicles or individuals in an urban environment. https://www.scmp.com/news/china/military/article/3039827/chinese-tech-firm-testing-urban-attack-drone-designed-carry-out US warns of ‘security risk’ from China-made drones as tech war heats up AC
63 Percent Of All U.S. Jobs Created Since 1990 Have Been Low Wage Jobs
by Michael Snyder If you have a good paying job, you should probably try to hold on to it as hard as you can, because those types of jobs are steadily becoming rarer. Since 1990, the U.S. economy has produced millions of jobs, but as you will see below nearly two-thirds of them have been … Read more
47 Percent Of GDP – This Is Definitely The Scariest Corporate Debt Bubble In U.S. History
by Michael Snyder We are facing a corporate debt bomb that is far, far greater than what we faced in 2008, and we are being warned that this “unexploded bomb” will “amplify everything” once the financial system starts melting down. Thanks to exceedingly low interest rates, over the last decade U.S. corporations have been able … Read more
No More Spending: Fears of a 2020 Recession Gain Ground
Image source: Depositphotos.com Is a global recession imminent? According to a recent report by Swiss bank UBS, wealthy investors throughout the world are holding onto their cash in readiness for possible turmoil in 2020. More than half of those surveyed predict recession within the next twelve months, while almost all are concerned about the ongoing … Read more
You don’t have to fall in love, you just have to fall in line:
Obama: ‘I Don’t Care’ Whether You’ll Like the Nominee, Just Vote Democrat. On Thursday, former President Barack Obama was the main guest at a fundraiser in Silicon Valley. When asked a question about the many candidates running, he told those present that he couldn’t care less whether they’d like the eventual nominee. They just have … Read more
100% Measured Moves May Signal A Stock Market Top
by Chris Vermeulen of The Technical Traders One type of Fibonacci price structure we use to attempt to measure price trends and identify potential tops/bottoms is the “100% Measured Move” structure. This is a price structure where a previous price move is almost perfectly replicated in a subsequent price trend after a brief period of retracement or price … Read more
The Superpowers Battling Over Iraq’s Giant Oil Field
By Simon Watkins Ever since the U.S. signalled through its effective withdrawal from Syria that it now has little interest in becoming involved in military actions in the Middle East, the door has been fully opened to China and Russia to advance their ambitions in the region. For Russia, the Middle East offers a key military pivot … Read more
Norwegian Cruise Ship Docks, 19 People Treated For Flu-Like Symptoms!
A Norwegian Cruise Line ship docked in California on Sunday after approximately 19 people aboard grew ill officials said. The patients aboard the Joy cruise ship reported an “unspecified illness,” according to the Los Angeles Fire Department. The ship docked at the Port of Los Angeles in San Pedro. #EnvironmentalExposure; INC#0257; 6:30AM; Berth 92 Spd; https://t.co/l3DE4BeU6Q; #SanPedro; LAFD has resources on standby to … Read more
Tulsi Gabbard – Dem Establishment can’t control me and that scares the hell out of them
Democratic leaders say “we need a candidate who can appeal to Trump voters and independents” Then they say, “something is wrong with Tulsi because she appeals to a lot of Trump voters and independents” What’s up with that? h/t GreedyMoose1
China Calling The Great Dealmaker’s Bluff: Roll-Back Existing Tariffs Or No Phase 1 Fig Leaf
Until now, China had largely kept the key hurdles in the ongoing US-China trade talks close to the vest, fearful that “breaking the embargo” so to speak on what have been confidential talks so far, could anger the US side. Now in a surprise diplomatic reversal, one which has the intent of signaling to the … Read more
Your Rights Are An Illusion: George Carlin telling it like it is.
4 minute video of a classic Carlin routine. Worth the time it takes to watch! In this video he does an excellent job of explaining the difference between rights and privileges. h/t OB1_kenobi
SEATTLE: Composting Human Remains in 2021
Burial? Too expensive! Cremation? Who wants an urn? Let’s just put grandma in the compost pile! World’s First Human Composting Facility is Coming to Seattle in 2021 In November, around 75 people attended what was described by the Seattle Times as “a housewarming party for a funeral home where bodies would not be burned or … Read more
Jason Burack: Fed’s Official Balance Sheet Increases Again This Week, Up Almost $300 Billion In Only 3 Months!
Wall St. For Main St., Released on 11/30/19 The Fed’s official balance sheet has now increased by $292.93 billion dollars since the end of August 2019. Track the Fed’s Official Balance Sheet here: https://fred.stlouisfed.org/series/WALCL Track the NY Fed’s Daily Repo Operations Here: https://apps.newyorkfed.org/markets/a… Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason … Read more