Home Prices in Sydney & Melbourne Spiral Down, Bust Spreads. IMF to Regulators: “Reinforce Financial Crisis Management”

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter   Bitter irony: Government told first-time buyers 5 months before bust began to “get into the Sydney housing market”; once in, “you’re pretty well set for life.” “Nothing goes to heck in a straight line” because there is always a bounce, sooner or later – that’s my story and I’m sticking … Read more

GDP Rose by $1.0 Trillion in 2018, US Gov. Debt by $1.3 Trillion

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Where would GDP growth be without federal borrow-and-spend? So the dreams of 3%-plus economic growth in 2018 were fulfilled, after tax cuts and ballooning federal deficit spending, which acted as a huge stimulus: In the fourth quarter, the economy as measured by inflation-adjusted GDP grew by 0.55% from the third quarter, … Read more

Our Worst Nightmare Isn’t Coming, It’s HERE: A Hefty Warning You Can’t Afford To Ignore!

https://www.youtube.com/watch?v=hVkxJcmOk00 For More Information See: https://www.wnd.com/2019/02/supreme-c… https://www.foxnews.com/world/christi… https://www.christiantoday.com/articl… http://www.cm-life.com/article/2019/0… https://www.newsweek.com/karen-pence-… https://sojo.net/articles/white-chris… https://www.christianheadlines.com/co…    

Meet the Greatest GOP Salesperson in History

by Wayne Allyn Root I want to celebrate the greatest GOP salesperson in history: Alexandria Ocasio Cortez (aka AOC). With enemies like AOC, who needs friends? No friend of mine, or friend of the GOP could ever do for Republicans what Ocasio-Cortez is doing on a daily basis. The more AOC and her communist cabal talks … Read more

Leaver over-confidence and Remainer intransigence: two good reasons to let it be on Brexit

by John Ward Sometimes, we have to desist from valour in favour of discretion. The Parliamentary, media, EU, Leftlib and Whitehall élites are not going to let any meaningful (today’s new word for pointless) form of Brexit happen. If they can’t terminate the foetus or strangle it at birth, they will starve it, cripple it and … Read more

Here Is The List Of Dem Presidential Nominees Who Voted To Support Baby-Killing Doctors

Cristina Lalla from The Gateway Pundit reports, Monday evening Senate Democrats once again blocked a measure that would prohibit infanticide. Senators voted 53-44 on a bill from Senator Ben Sasse (R-NE) that would penalize doctors who fail to “exercise the proper degree of care in the case of a child who survives an abortion or … Read more

Must Watch EPIC VIDEO Of Anti-Green New Deal Rant In The Middle Of A Blizzard

Nan and Byron McKeeby from The Gateway Pundit reports, Video blogger Frank Ropiak lives in a part of Michigan that’s getting hit HARD with a massive blizzard and freezing temps. Also known historically as “Winter.” https://www.youtube.com/watch?v=5UY7DbcjjNg Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…      

Remember, The Fed Hasn’t Actually Done Anything Yet

by John Rubino When the financial markets got, um, choppy towards the end of 2018, the Fed caved almost instantly. But only rhetorically. Fed chair Powell promised to stop raising interest rates and shrinking the money supply, and the financial markets, trained to salivate at the sound of Fed happy talk, immediately morphed from “risk-off” … Read more

NO KIMCHI: NUKE TALKS COLLAPSE… TRUMP WALKS

NO DEAL! Vietnam summit ends abruptly as Kim REFUSES Trump’s denuclearization demands, leaders fail to agree on lifting North Korean sanctions and abandon lunch and cancel signing ceremony Donald Trump and Kim Jong-un abruptly ended their summit in Hanoi early without signing a deal  He said the issue was Kim’s insistence that all sanctions get … Read more

QUESTION ASKED: Is The Green New Deal Built On An Old ‘Certified’ Big Lie?

via lidblog: Now that Alexandria Ocasio-Cortez has declared herself the boss of the Green New Deal, will she also claim ownership of EPA’s multi-billion dollar product known as government “certified” energy efficiency? Very few Americans know anything about ENERGY STAR, arguably the most corrupt federal program in history that allegedly invented the most valuable commodity ever. … Read more

This is not the sign of a healthy global economy, it’s a sign of over indebtedness and stagnation

This is not the sign of a healthy global economy, it's a sign of over indebtedness and stagnation pic.twitter.com/2CeA1EU9Es — M/1_LP (@MI_Investments) February 28, 2019 More China gloom & doom data: #China February factory activity shrinks to 3y low, export orders worst in a decade. https://t.co/paSe6PGrXP pic.twitter.com/Fbfvmy0GBC — Holger Zschaepitz (@Schuldensuehner) February 28, 2019 I … Read more

Generational buying opportunity, or not?

Generational buying opportunity, or not? $151Mn sold since Oct 3rd. This is the smart money IMO. pic.twitter.com/c4Bmbkr7CO — BɅRTON (@Barton_options) February 28, 2019 Hey, Wall Street–Abandon Your Sell-Side Hockey Sticks! GAAP P/E Ratios At Second Highest Pre-Recession Level Ever

Maduro to Illegaly Sell 8 Tons of Gold Removed From Central Bank on Black Market

via Yahoo:   CARACAS (Reuters) – At least 8 tons of gold were removed from the Venezuelan central bank’s vaults last week, an opposition legislator and three government sources told Reuters, in the latest sign of President Nicolas Maduro’s desperation to raise hard currency amid tightening sanctions. The gold was removed in government vehicles between … Read more

US Supreme Court Strips World Bank of Immunity, Clearing Way for Lawsuits

via icij.org: The Supreme Court of the United States has rejected World Bank claims of complete legal immunity, ruling that one of its arms can be sued in relation to lending activities. The 7-1 ruling could also open other American-based international organizations to the threat of lawsuits over financing overseas development. For the World Bank, it … Read more