MSM: Deadly superbugs pose greater threat than previously estimated

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Drug-resistant bacteria and fungi cause almost 3 million infections and 35,000 deaths a year, the CDC reports. Drug-resistant germs sicken about 3 million people every year in the United States and kill about 35,000, representing a much larger public health threat than previously understood, according to a long-awaited report released Wednesday by the Centers for … Read more

Senate Was The Key To Expose The [DS], Perfectly Executed

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https://www.youtube.com/watch?v=WeD-N-bv9CQ The [DS] held their fake impeachment hearings, the entire sham fell apart today. Witnesses have first hand knowledge, these witnesses had nothing. What did come out of these public hearings shows that the [DS] has one agenda and one agenda only, remove the President. The IG FISA report is now in the next stage … Read more

The Holy-Cow Moment for Subprime Auto Loans; Serious Delinquencies Blow Out

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But it’s even worse than it looks. And this time, there is no jobs crisis. This time, it’s the result of greed by subprime lenders.  Serious auto-loan delinquencies – auto loans that are 90 days or more past due – in the third quarter of 2019, after an amazing trajectory, reached a … Read more

Corporate America Is an Anti-Social Black Plague: Negative Network Effects Run Amok

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by Charles Hugh-Smith The anti-social carnage unleashed by Corporate America’s “lock-in” / negative network effects has no real limits. Here’s the U.S.economy in a nutshell: Corporate America is an anti-social Black Plague, gorging on cartel-monopoly profits reaped from negative network effectsrunning amok, enriching the few at the expense of the many and concentrating political power in the … Read more

Truckers, Beware… CA Wants You Gone

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Authored by Kelli Ballard via LibertyNation.com, California used to be the dream place to live and work. With its range of landscapes, beaches, mountains, pleasant weather, and fertile soil, people flocked to the Golden State to make a better, more enjoyable life for themselves and their families. In days past, “California or bust!” could be seen on … Read more

Powells claiming Repo intervention is not easing. Hes lying. JP Morgan left the market b/c such bad returns. That sent overnight rates soaring. If Fed hadn’t intervened, banks would have raised bank deposit rates to fund themselves. People would sell stocks and put it in banks.

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https://twitter.com/pondermint/status/1194765190908252162 FED'S POWELL SAYS THE FED THINKS IT HAS REPO MARKET ISSUES UNDER CONTROL — *Walter Bloomberg (@DeItaone) November 13, 2019  

Is Bank Deutsche Bank the one getting all the repo funds, since their systems could not be accessed on 10 percent of business days in October and that’s exactly when repo took off according to fed chart?

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Deutsche Bank told U.K. regulators that it still has ongoing problems processing high-value payments despite more than three years of remediation efforts, the Financial Times (FT) reported on Sunday (Nov. 10). The German bank’s executives met with Bank of England (BoE) officials at the end of October following an internal audit examining its compliance with expected standards, sources told … Read more

What’s crazy to me is the US government is engaged in depression level deficit spending to keep the economy growing at 2%.

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https://twitter.com/hks55/status/1194615376945926144 He's been reading my Twitter thread. https://t.co/sRyiQ0VC1j — Lawrence Lepard, "fix the money, fix the world" (@LawrenceLepard) November 13, 2019 Powell: U.S. debt is ‘on unsustainable path,’ crimping ability to respond to recession Fed to Congress: It may soon be your turn to save the economy, so get your finances in better shape. Federal … Read more

More green shoots

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https://twitter.com/Fxhedgers/status/1194765847501230081 More green shoots https://t.co/KiagAGnnBu — Greg (@GS_CapSF) November 13, 2019 Urgh, no good news here from Australia: full-time jobs falling by 10.3k & part-time is falling by -8.7k. So u bet that Australian households, who are already most indebted in Asia (and amongst the most in the world), won't go for a shopping spree. … Read more

Boeing orders sink as customers opt to swap MAX

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https://www.reuters.com/article/us-boeing-deliveries/boeing-orders-sink-as-customers-opt-to-swap-max-idUSKBN1XM24M Net orders so far this year came to just 45 at the end of October, down from 56 in September, further widening the gap on sales this year with the company’s European rival Airbus SE (AIR.PA) which has now sold nearly 500 more planes.   That’s what happens when you’re responsible for ending 300+ … Read more

Fed Adds $111.909 Billion in Temporary Liquidity to Markets

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https://www.google.com/amp/s/www.wsj.com/amp/articles/fed-adds-111-909-billion-in-temporary-liquidity-to-markets-11573568940 The intervention came in two parts. One was via overnight repurchase agreements totalling $76.943 billion. The other came from a 14-day repo totaling $34.966 billion. Eligible banks sought less liquidity than the Fed was willing to offer.