https://youtu.be/rN2BWBn6YeE And it will cost more than the entire world’s debt. Get rid of cows. Stop eating meat. By eliminating meat it will cost 22.3 million American jobs. Eliminate airlines and combustion engines. 700,000 jobs. 1.3 million Americans -No more jobs that require air travel. Tourism and travel industry – 8.7 million people out of … Read more
Yesterday, pensioners from Wuchuan, Guangdong, PRC protested at the Wuchuan Government Office, as they failed to get their pension
by Fabius Maximus Summary: James Hasson’s new book, Stand Down, shows how the Left is implementing its theories on the US military. It is a pitiful tale entertainingly told. Perhaps it will motivate help Americans to stop the Left before they wreck the military. Either way, we will see the results during the next generation – … Read more
Jeffrey Epstein ‘ran a $500M Ponzi scheme fueled by insider trading and fake stock buys, then fleeced clients by selling off $275M worth of bogus notes when money ran out,’ claims suit *Jeffrey Epstein was hit with a class action lawsuit before his death that accused him of running a $500 million Ponzi scheme *He … Read more
by Michael Snyder All around us, our world is literally in a state of collapse, but most people don’t seem to care. I spend much of my time writing about the inevitable collapse of our economic and financial systems, but they are only one part of the story. These days, millions upon millions of us … Read more
from Financial Survival Network Danielle Park notes that repurchase agreements or Repos are a cornerstone of today’s leveraged economic system. They’ve been around since 1917. It’s a way for banks to eke out a few more basis points on their bond holdings. Just yesterday the interest rate shot up from 2.25% to 10% overnight. This situation is … Read more
from Financial Survival Network According to our good friend Jeff Berwick, reality is completely upside down and reversed. Like in Orwell’s novel 1984, ignorance is strength, slavery is freedom etc. People in America believe they’re completely free, when in reality the opposite is becoming more true by the day. Jeff’s prescription is anarcho-capitalism, free trade in the … Read more
A new report from an environmental advocacy watchdog group cautions that carcinogenic products in tap water may altogether increase cancer risk for thousands of U.S. residents over a lifetime. In a peer-reviewed study published in the journal Heliyon Thursday, the Environmental Working Group (EWG) found that 22 carcinogens commonly found in tap water — including arsenic, byproducts of water … Read more
PARTY LIKE IT’S 1979: How Democrats can raise taxes without technically raising taxes. Short version: Eliminate indexing tax rates to inflation. The argument in favor of indexing is that it eliminates “bracket creep.” That’s when more of a taxpayers’ income gets pushed into a higher bracket each year simply due to inflation, and not because of … Read more
From Birch Gold Group Pension programs may suffer due to a new round of currency wars that are poised to begin between the ECB (European Central Bank) and the U.S. Last week, the ECB made the first move by lowering its already negative benchmark rate by another 10 basis points to -0.50%. Dave Gonigam described the ECB’s move … Read more
by Martin Armstrong QUESTION: Marty; You warned that there would begin a cash shortage and real rates would rise in the private sector starting in September after Labor Day. Ok, it’s about 15 days past that marker and Repo rates have gone completely nuts hitting 10% forcing the Fed to intervene. They were calling it Armstrong’s … Read more
by Mac Slavo of SHTFplan According to a new Bank of America survey, recession fears have jumped to all-time highs. A Bank of America Merrill Lynch (BAML) survey of United States credit investors found that the perceived probability of a recession in the next year spiked to 25%, its highest reading. BAML’s survey found that recession risk is now the … Read more
by Nilus Mattive via Daily Reckoning Dear Rich Lifer, Although the U.S. economy continues to grow and add jobs, talk of the dreaded “R” word is on the rise due to a number of worrying signs. Yes, I’m talking about a “Recession”. Between the ongoing trade war with China, an inverted yield curve, and the Federal Reserve lowering short-term … Read more
from Zero Hedge If today’s second consecutive repo was supposed to calm the stress in the secured lending market and ease the funding shortfall in the interbank market, it appears to have failed. Not only did O/N general collateral print at 2.25-2.60% after the repo operation, confirming that repo rates remain inexplicably elevated even though everyone … Read more
by Dr. Eowyn Only in California. Only in our upside-down America of 2019. Stan Greene reports for the Santa Monica Observer that at 9:45 am yesterday, Sept. 18, 2019, a man wearing a Day of the Dead mask held up the Wells Fargo Bank on 9th St. and Montana Ave. in Santa Monica, California. Brandishing a shotgun, the suspect demanded … Read more
quote Delta passengers on a flight from Atlanta to Fort Lauderdale were so terrified when their plane suddenly dropped nearly 30,000 feet that they began texting family members to tell them they loved them https://www.rt.com/usa/469171-delta-flight-plunges-photos/
https://www.youtube.com/watch?v=q3Z0l1NwLNY Cristina Laila from The Gateway Pundit reports, Hillary Clinton should be in jail for transmitting classified information over a private server, not walking the streets of Italy and mocking the US from abroad. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019…
by Dr. Eowyn Source: Facebook On Monday, Sept. 16, 2019, cheerleaders from North Stanly High School in New London, North Carolina, were put on probation for the remainder of the football season for posing with a Trump 2020 banner before a football game last August 30. The school district has not defined the terms of the probation and … Read more
Remarkable decline in NYC’s Madison & 5th Avenue rents over the past 3 years @REBNY pic.twitter.com/6s8CrJQwEg — Liz Ann Sonders (@LizAnnSonders) September 18, 2019
$NFLX is a must watch. Now diverging 25 pct pts from Nasdaq! It’s the first FANG stock… 1) below its 200 DMA;2) with a death cross set up;3) breaking down from a multi-year support; Is this an inflection point for stocks? Still trades at 106x EV to FCF estimate for 2022! pic.twitter.com/k0QkZDDxPs — Otavio (Tavi) … Read more