China Takes A Comprehensive Trade Deal Off The Table, And That Is Disastrous News For The U.S. Economy

by Michael Snyder The Chinese never intended to make a deal, and now they are publicly admitting it.  For months, I have been warning readers of The Economic Collapse Blog that a comprehensive trade deal with China will not happen before the 2020 presidential election, and the reason why this is the case is actually very simple.  … Read more

Bob Shiller Warns “Blooming” Of Recession Narrative “Will Doom Trump”

Authored by Robert Huebscher via AdvisorPerspectives.com, A recession would doom President Trump’s reelection chances, according to Robert Shiller. But he said the chance of that happening before next November is less than 50%. Shiller is a professor of economics at Yale University and a co-recipient of the 2013 Nobel Memorial Prize in Economic Sciences. He spoke to … Read more

Mike Maloney and Jeff Clark: World’s biggest gold investors are on a buying spree and silver $170 is a no-brainer … Gerald Celente: The Greatest Depression will be worse than the Great Depression …

BY JOHN RUBINO Mike Maloney and Jeff Clark: World’s biggest gold investors are on a buying spree and silver $170 is a no-brainer … Gerald Celente: The Greatest Depression will be worse than the Great Depression … Tony Heller offers “climate alarmists” a gift … Edward Snowden reminds us why he’s a hero … Charles … Read more

David Morgan: Interest Rates Cut, Outlooks Downgraded

by David Morgan of The Morgan Report Interest Rates Cut, Outlooks Downgraded The U.S. Federal Reserve keeps lowering its benchmark interest rates. Repeatedly citing a weakening economic picture abroad, trade policy uncertainty, and muted inflation. Watch this video on Interest Rates Cut, Outlooks Downgraded, then please share with your friends and family on social media and use the … Read more

MORE New York Businesses Are Collapsing After Minimum Wage Hike, It will Only Get Worse

When “If you can’t afford a living wage you shouldn’t be in business” is taken to its logical next step, it becomes “if you can’t survive on a minimum wage, you shouldn’t survive.” And what did we see every time communism has been implemented? Famine and death on unimaginable scale. Coincidence? Not at all.   … Read more

Boris Johnson to sabotage EU if forced to delay Brexit… preparing to ‘squat’ as Prime Minster to ensure Brexit.

Boris Johnson to sabotage EU if forced to delay Brexit. Boris Johnson would veto the EU’s seven-year budget and send a Eurosceptic commissioner to Brussels to “disrupt” the bloc’s workings if he were forced into a Brexit delay, under plans being discussed by ministers. Senior Government figures are considering a series of proposals to “sabotage” … Read more

THE SEINFELD EFFECT: How to make a story out of nothing.

Axios and Politico breathlessly report that “Judge orders White House to preserve records of Trump’s calls with foreign leaders.” Well, my, oh my, that must mean something serious is happening! We’ve got him now! Not so much. In the initial stages of ANY lawsuit (even the fender-bender down the street) once an action has commenced parties are … Read more

Colin Powell’s Diplomatic “Shambles” Continues

China Pulls Out of Giant Iranian Gas Project: Exit follows broader Chinese pullback from Islamic Republic amid U.S. pressure. China National Petroleum Corp. has pulled out of a $5 billion natural-gas project in Iran as escalating tensions threaten to sever Beijing’s trade with Tehran, a key lifeline for the Islamic Republic. The exit by Beijing—which … Read more

Capital Flight Is Killing The US Shale Boom

By Nick Cunningham The growth in U.S. shale production is grinding to a halt as low prices put drillers in a financial vice. The slowdown has been unfolding for much of 2019, but the latest slide in oil prices is another blow to cash-strapped companies. Share prices for many E&Ps are down sharply. For instance, … Read more

As Hong Kong ATMs Run Out Of Cash, Central Bank Steps In To Prevent “Panic Among The Public”

Via ZeroHedge As the violence in Hong Kong escalates with every passing week, culminating on Friday with what was effectively the passage of martial law when the local government banned the wearing of masks at public assemblies, a colonial-era law that is meant to give the authorities a green light to finally crack down on protesters … Read more

BCP: New Declas’d Docs Prove Treason! Shady Biden Deal W/ Chinese Military. Coup Plot/leaks Came From Doj

Peter Schweizer: Hunter Biden Helped China Buy Our ‘National Security’ Assets Hunter Biden, Joe Biden’s second son, helped facilitate China’s acquisition of Henniges Automotive explained Peter Schweizer, president of the Government Accountability Institute and senior contributor at Breitbart News, in a Friday interview on SiriusXM’s Breitbart News Tonight with host Rebecca Mansour and special guest host Rick Manning. … Read more

The stockmarket is now run by computers, algorithms and passive managers

https://www.economist.com/briefing/2019/10/05/the-stockmarket-is-now-run-by-computers-algorithms-and-passive-managers Unfortunately behind a paid wall but if you click through and hit ESC (on desktop) you can fully load it. According to Deutsche Bank, 90% of equity-futures trades and 80% of cash-equity trades are executed by algorithms without any human input. Each day around 7bn shares worth $320bn change hands on America’s stockmarket. Much … Read more