Another Chinese manufacturing number comes in lower than expected

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via CNBC: The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) came in at 48.3 in January, compared to 49.7 in December. Analysts polled by Reuters had expected the Caixin PMI to be 49.5 last month. It was the second-consecutive month of contraction and the lowest reading since 2016. A private survey on China’s manufacturing sector showed on Friday … Read more

Democrats’ 2019 DHS Spending Bill Opens the Border to Migrants permanently. and ends DHS from deporting anybody!

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The bill expressly prohibits all future Presidents from building any border protections Including fences or walls The House Democrats’ proposed 2019 homeland security budget reopens the nation’s southern border to migrant inflows, while it also dangles the promise of cheap labor in front of GOP legislators and donors. The draft budget adds $1.75 billion in … Read more

21 Life Hacks To Help You Breeze Through the Apocalypse (or at Least the Next Power Outage)

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by Daisy Luther Life hacks are all over the place at the minute (seriously, they’re everywhere) and some are really good – but often they’re more Martha Stewart than Grizzly Adams. Survival Life Hacks Here are a few life hacks that are applicable not only to regular everyday lifestyles but to those crazy preppers – ahem – people who … Read more

Polar vortex by the numbers: 6 states in US record temperatures lower than South Pole – Danger, danger Will Robinson

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via AOL: Records are being shattered and communities are enduring the harshest cold in years as the polar vortex tightens its grip on the midwestern United States. After the polar vortex plunged southward, temperatures plummeted under 20 below zero F from North Dakota to northern Illinois on Wednesday morning. Biting winds made the extreme cold more life-threatening … Read more

Vice Media cuts 10 percent of its staff in push to become profitable

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via washingtonexaminer: Vice Media is laying off 10 percent of its staff as part of a plan to become profitable. The company will cut about 250 people of its 2,500-person staff, and those cuts will span all departments, including nonwriter and editor positions, like IT and finance divisions, according to the Hollywood Reporter. CEO Nancy Dubuc announced … Read more

Police in London stop people for covering their faces from facial recognition camera

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via independent.co.uk: A man has been fined after refusing to be scanned by controversial facial recognition cameras being trialled by the Metropolitan Police. The force had put out a statement saying “anyone who declines to be scanned will not necessarily be viewed as suspicious”. However, witnesses said several people were stopped after covering their faces or pulling up hoods. … Read more

What Is the Fed Thinking?

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By Harry Dent So, the Fed caved on Thursday, January 31, 2019. But did they really? Yes, Fed Chair Jerome Powell’s comments yesterday may have pleased the Donald. But they have good reason to “cave.” And I explain exactly why in today’s video. https://www.facebook.com/EconomyMarkets/videos/1269939279813036/ None of the reality that may have influenced the Fed’s decision is news … Read more

HERE’S HOW TO MAKE MEXICO PAY FOR THE WALL!

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by Wayne Root Mr. President, it’s time to stop fooling around. Build the damn wall, already. There is no choice. If you build it, you’ll be re-elected. If you don’t, you won’t. It’s that simple. According to a new Morning Consult/Politico poll out this week, 76% of Republicans back President Trump declaring a National Security Emergency … Read more

OPINION: we don’t need 14th century treason laws to make Brexit happen, we just need concerted will

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by John Ward The Western world’s élite media set are not obsessed with Brexit: they are hell-bent on the destruction of everything Brexit is about. Cast adrift by the very politicians who claim to represent them, the People of Britain have one remaining weapon – electoral blackmail to threaten the political class with extinction. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ I … Read more

Discount Domination: Dollar Stores are Thriving in America

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by visualcapitalist The retail landscape is in a constant state of flux. E-commerce is indisputably disrupting almost every imaginable aspect of retail, creating what has been coined as the “retail apocalypse”. As a result, certain segments of the market have had well publicized meltdowns – electronics and apparel, in particular – and the U.S. now has far more … Read more

Euro zone, China, Amazon, US employment

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by WARREN MOSLER Lots of headlines pointing to corporate weakness: Amazon sales outlook falls short after record holiday quarter (Reuters) Fast and free shipping helped the world’s largest online retailer boost revenue by 20 percent. Net income jumped 63 percent to $3 billion for the fourth quarter. Its international operating loss shrunk to $642 million … Read more

MAULDIN: This Time Will Be Different

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BY JOHN MAULDIN For almost 40 years, we’ve lived in an era of low rates and easy money. It let governments and businesses worldwide run up piles of debt. Global debt could easily reach $500 trillion in a few years. And yet everyone acts like that is normal and can continue. Just like subprime mortgage debt … Read more

Why Public Service Loan Forgiveness Is Cruel

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BY JARED DILLIAN In 2007, the Bush administration signed off on the Public Service Loan Forgiveness (PSLF) program. The idea was to give financial relief to people who had spent a lot of money on higher education, but chose to work in less financially rewarding jobs. This included people at any level of government service, including 501(c)(3) … Read more

Apocalyptic Debt Crisis In America: 63 Of America’s Largest 75 Cities Are COMPLETELY BROKE

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by Mac Slavo of SHTFplan The debt crisis in the United States of America has reached apocalyptic proportions.  A new and horrifying report out details the reason why 63 of America’s largest cities are completely broke: debt and overspending. According to a recent analysis of the 75 most populous cities in the United States, 63 of them can’t pay … Read more

Senator Rand Paul: Suddenly, when we finally have a President trying to end wars and withdraw troops, the Senate miraculously rallies to act, to wrongly try to stop wars from ending.

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Image Summary: Doctor Jesse Kelly Verified account @JesseKellyDC This senate that can’t repeal Obamacare, defund Planned Parenthood, or pass a budget. But God help you if you want to bring our boys home. They’ll lock shields and fight like lions for the right to kill your son in Afghanistan. https://twitter.com/JesseKellyDC/status/1091107924309622785 Senator Rand Paul Verified account … Read more

I’m in Awe of How Fast the Housing Markets in Sydney & Melbourne Are Coming Unglued

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The largest three-months fall “since at least the 80’s”: CoreLogic “Can we still describe this as an orderly slowdown in housing conditions?” mused CoreLogic Asia Pacific’s head of research Tim Lawless about the Australian housing market today. Over the last three months, the index for Sydney dropped 4.5%, and the index for Melbourne … Read more