via Zerohedge: The escalating trade war between the US and China has accelerated the synchronized global downturn. Global exports continue to collapse, and the global Purchasing Managers Index (PMI) remains under 50, stuck in contraction territory. All of these ominous signals indicate a global trade recession could be imminent in 2020. New data from the International … Read more
by visualcapitalist The Big Five tech giants, or “FAAMG”—Facebook, Amazon, Apple, Microsoft, and Google (Alphabet)—have a combined market capitalization of over $4 trillion. These powerful tech behemoths often devour the talent, technology, or entire businesses of aspiring competitors. Given their financial weight, mergers and acquisitions have become a key tactic in maintaining their strong grip on … Read more
Authored by John Rubino via DollarCollapse.com, Today’s relief rally was brought to you by chastened US and Chinese trade negotiators working on a ‘partial’ trade deal (that was clearly nothing more than a face-saving exercise) – no agreement, nothing in writing, but still called “substantial.” Oct 15 tariff hike delayed Dec tariff hike still on the … Read more
by Vexcenot Let’s get straight to the point When it begun: On late December, 2018 (Possibly earlier). Countless of small channels got hit by the “reused content” wave which caused them to all get demonetized whether it was justified or not. Why mostly the smaller channels you ask? Well it’s simple. Smaller channels tend … Read more
Blue-collar jobs like plumbing pay $90,000 without a college degree, and it’s driving more workers to trade school. Blue-collar professionals such as plumbers and mechanics are earning more than the average salary for white-collar jobs — and they don’t require a traditional college degree, according to a recent Bloomberg report. While college graduates still earn … Read more
by sundance Fox News Anchor Shepard Smith resigns from Fox News effective immediately: . No word yet on his replacement. Interestingly…. [Yesterday – NYT Link] (Via New York Times) Attorney General William P. Barr met privately Wednesday evening with Rupert Murdoch, the media mogul who is one of President Trump’s frequent confidants but whose Fox News is viewed by the … Read more
The fire department received a call from Pollock Pines, California, around 3.30am on Wednesday Crews arrived at the scene and found 67-year-old Robert Mardis Sr. unresponsive It was determined that he was dependent on oxygen and died just 12 minutes after Pacific Gas and Electric shut down power Although the cause of death has not … Read more
by DCG President Trump was on fire last night at his rally in Minneapolis. I was laughing throughout his speech yet this part had me cracking up. Keep America Great! DCG
The mainstream media has gone full blown propaganda, especially when reporting on all things President Trump. They lie by omission and outright lie. They produce phony stories like the two years of Trump/Russia collusion, and they produce phony polls all in an effort to turn the public against President Trump. Democrats and their globalist/Marxist masters … Read more
From Birch Gold Group The Federal Reserve is in near-crisis mode. In the face of a recent “avalanche of debt issuance”, and with China and Japan unable (or unwilling) to keep up their pace of buying U.S. debt, our nation’s central bank has announced that it will resume “permanent open market operations”. In short, this means the Fed … Read more
by John Mauldin Social Security is a textbook illustration of how government programs go off the rails. It had a noble goal: to help elderly and disabled Americans, who can’t work, maintain a minimal, dignified living standard. Back then, most people either died before reaching that point or didn’t live long after it. Social Security was never … Read more
by Bill Bonner “Here’s another nice mess you’ve gotten us into.” – Oliver Hardy YOUGHAL, IRELAND – Wall Street is on the edge of its chair… holding its breath. Yahoo Finance explains why: High-level trade talks between U.S. and Chinese negotiators are slated to resume in Washington, D.C., on Thursday, providing an opportunity for both sides … Read more
by Michael Snyder We have a trade deal with China! Well, except that nothing has actually been written down, nothing has actually been signed, the potential deal won’t really require any major concessions from China, but it did allow the Chinese to achieve a couple of key goals that they really wanted. But other than … Read more
https://twitter.com/niubi/status/1182792368426229761 Herein lie the stark differences between Trump’s version of a trade deal and China’s. I would laugh if it wasn’t really not funny.#PerceptionNotReality https://t.co/V1SiV2qD7j pic.twitter.com/GBqsw0HFqB — Samantha LaDuc (@SamanthaLaDuc) October 12, 2019 SCMP SOURCE pic.twitter.com/4P2eBUVAQY — First Squawk (@FirstSquawk) October 12, 2019
If American companies seem pathetic when it comes to China, it’s because they are After the general manager of the Houston Rockets tweeted out his support of protesters in Hong Kong, the Chinese Communist Party’s retribution was swift and came from all sides, including from parts of the NBA. It is yet another example of how the … Read more
For More Information See: https://www.thenewamerican.com/world-… https://www.aljazeera.com/indepth/opi… https://www.newsweek.com/un-facing-ca… https://barenakedislam.com/2019/10/10… https://strongcitiesnetwork.org/en/
Sen. Cory Gardner Sees A ‘Very Political Process’ In The House’s Impeachment Inquiry. Republican Sen. Cory Gardner, who was in Denver to speak at a Colorado Chamber of Commerce event, would not say whether he felt it was appropriate for the President of the United States to ask a foreign leader to investigate a political … Read more
By Irina Slav If someone had reported that Angola was preparing its state oil company for privatization three years ago, many would have laughed refused to believe it. In 2016, Sonangol was in shamblesand rumor got around that the company couldn’t even afford to buy toilet paper for its offices. Now three years later, it is preparing for … Read more
By Nick Cunningham Halliburton announced that it would lay off 650 workers across four U.S. states due to the slowdown in shale drilling. The oilfield services giant blamed “local market conditions” for slashing payrolls. “Making this decision was not easy, nor taken lightly, but unfortunately it was necessary as we work to align our operations to reduced … Read more
THE SAME THING FOR THE LAST 2 YEARS. Update (1330ET): Bloomberg reports confirm US and China have reached a partial agreement that would broker a truce in the trade war and lay the groundwork for a broader deal that President Trump and Xi Jinping could sign later this year, according to people familiar with the … Read more