The Political Parties and the Media Have Abandoned the Working “Middle Class”

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by Charles Hugh-Smith Where is the line between “working class” and “middle class”? Maybe there isn’t any. Defining the “middle class” has devolved to a pundit parlor game, so let’s get real for a moment (if we dare): the “middle class” is no longer defined by the traditional metrics of income or job type (blue collar, … Read more

Chinese Oil Giant Crashes On Abysmal Earnings Report

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By Tsvetana Paraskova Chinese oil and gas giant PetroChina reported on Wednesday a 58-percent plunge in its third-quarter profit as lower oil prices, fierce domestic fuel competition, and slowing gas demand growth weighed on earnings. PetroChina booked a net profit of US$1.25 billion (8.83 billion Chinese yuan) in Q3, down by 58.4 percent from the same period … Read more

Visualizing the Stages of Startup Funding

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by visualcapitalist About 1,500 new companies are founded every day. However, only a fraction of these entrepreneurial pursuits will eventually operate on a grand scale. With many of these companies propelled by venture capital funding, how do investors provide the cash—and get a piece of the startup pie? Pie in the Sky Today’s creative infographic from Fundera uses pie … Read more

Mapping the Population of Global Millionaires in 2019

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by howmuch More millionaires live in the U.S. than any other country in the world, and it’s not even close. That’s according to the 2019 Global Wealth Databook by Credit Suisse. Here’s how the U.S. compares to the rest of the globe. The U.S. has 18.6M millionaires, more than any other country in the world. Europe has more … Read more

Bernie Sanders and Elizabeth Warren Caught Up in Quid Pro Quo Scandal: Both Promised to Withhold Aid Until Demands are Met

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This flew under the radar? @ewarren (AND @BernieSanders) promised to withhold aid from Israel if they don't change their stance on settlements. AKA … A Quid Pro Quo. Why no fury from the PR Dept of the Democrats?https://t.co/FqANUF3w9c — Daniel Bobinski, Th.D (@gc2life) October 30, 2019 Elizabeth Warren could pull U.S. military aid from Israel … Read more

Federal Reserve Spokesman Explains How It Creates Money Out of Thin Air to Pump Out to Wall Street

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by Pam Martens and Russ Martens, Wall St On Parade: On January 19, 2011, the Federal Reserve released a video on YouTube to quell the public uproar over its unaccountable money creation operations. The spokesman for the Fed in the video was their Senior Adviser at the time, Steve Meyer, now an Adjunct Professor of Finance at The … Read more

Another day, another example of progressives’ double standards: Taco truck owner apologizes for serving ICE employees

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by DCG A taco truck owner in Buffalo, NY was forced to apologize for serving ICE employees. He later took back that apologize which make the progressives even madder. Heaven forbid a business owner be allowed to make a buck off his tacos. No sir, you can’t serve ICE employees! But you know, you’d better bake that cake! … Read more

Is Market Sanity Around the Corner?

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By Rodney Johnson I never understood WeWork. The company either purchased or took long-term leases on commercial properties. It dressed them up with Millennial-friendly details like beer taps and cool art, and then re-leased the space in very small increments for a higher price. Leave out the cosmetics, and you’ve got a traditional commercial leasing … Read more

The Opportunities Go to Those Who Can See Past the Negative Headlines

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by Shaun Richards “Follow the trend lines, not the headlines.” The quote, attributed to former President Bill Clinton, is one of my favorite pieces of advice. Clinton was referring to long-term data that show that conditions have actually been improving for the human race despite popular opinion to the contrary. When applied to investing, it … Read more

New Law Could Start “Open Season” On Your Retirement Account

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From Birch Gold Group Ideas have a way of spreading beyond their initial area of influence. Sometimes, bad ideas can do the same. It sure seems like that’s the case with House Bill 2820 from Texas. According to the Dallas Morning News, the bill “repealed the requirement for financial product sellers to register with the Teachers Retirement System. … Read more

China Is Funding The Impeachment!

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How is this not considered treason!!? https://twitter.com/TheLastRefuge2/status/1189346687300624384 https://twitter.com/isaacstonefish/status/1071416858924990465?s=20 Brookings has a Chinese arm? https://www.brookings.edu/center/john-l-thornton-china-center/ They even have their own Chinese twitter. https://www.twitter.com/BrookingsChina Another note is that Huawei is really not independant from the Government. But other than that, here’s the FreeBeacon talking about the Communst party infiltrating American Think Tanks: https://freebeacon.com/national-security/chinese-communist-party-funds-washington-think-tanks/ The Party’s United Front strategy includes paying … Read more

America’s Middle Class Is Addicted to a New Kind of Credit

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(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes. The payday-loan business was in decline. Regulators were circling, storefronts were vanishing and investors were abandoning the industry’s biggest companies en masse. And yet today, just a few years later, many of the … Read more

In case you don’t know Russia will disconnect itself from internet on 1st November due to possible “worlwide internet shutdown”

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The bill was passed in April 2019. On 1st November Russia will conduct a test to be able to work on internal network in case worldwideweb goes down.   RUSSIA is poised to disconnect itself from the internet as part of its escalating cyber war with the United States. The dramatic shutdown planned for this … Read more

WaPo trying to persuade it’s readers to abolish the first amendment with “hate speech” laws.

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https://archive.is/7aSNG#selection-725.4-725.12 WaPo and people on the left are trying very hard to take away our free speech rights so they will have complete control over all forms of media to prohibit any speech that does not fit their narrative/agenda. Reminds me of the Nazis…. https://encyclopedia.ushmm.org/content/en/article/nazi-propaganda-and-censorship Once they succeeded failed in ending democracy and turning Germany America into a one-party … Read more