by youme QE is disinflationary because it perpetuates overcapacity and unproductive debt, yet it is massively inflationary on risky assets because the objective is to make rising government spending cheap. Hyperinflation created in financial assets as sovereign bonds artificially inflated More QE from Draghi this morning because they don’t know what to do. They have … Read more
The marvels of technology in the world we are living in are endless and exciting. And thanks to the interminable inventions, your day to day activities have been made easier and worth smiling about. These technologies have been, in most cases inspired by the introduction and evolution of the internet. And one of the aspects … Read more
From Birch Gold Group Health care expenses, inflation, and retirement savings are some of the things to consider when you’re nearing retirement age. Any one of them can present an obstacle to your retirement security. A recent rise in health insurance costs may present yet another obstacle. The average health insurance premium for a person aged 55-64 is … Read more
The University-Corporate-Financial Complex is going to squeal. This is the transcript from my podcast last Sunday, THE WOLF STREET REPORT: OK, I’m going to wade into this debate. And I’m going to do it with my boots on. The student loan fiasco – the pile of debt that has ballooned to $1.6 trillion – and what … Read more
by Michael Snyder Despite the fact that more money is being spent on suicide prevention efforts than ever before in our history, the suicide rate in the United States continues to rise dramatically. As you will see below, one new study has discovered that our suicide rate actually increased by 41 percent between 1999 and … Read more
via CNBC: Here’s a sad reality: In order to raise a family in an expensive coastal city like San Francisco or New York, you’ve now got to make $350,000 or more a year. You can certainly live on less, but it won’t be easy if your goal is to raise a family, save for your children’s education, … Read more
The business owner says he often finds homeless people selling and doing drugs inside his restrooms. “About every half hour to hour we have some kind of incident, another theft, violence, crazy people walking around, people who need mental health… there should be facilities where people can do drugs… there’s needles everywhere… people have threatened … Read more
by Money Metals It’s the most widely anticipated recession in history. The recession hasn’t arrived yet – and may not do so anytime soon – but the mainstream media still can’t stop talking about it. Consider this strange article from NBC News. It purports to show that young adults are posting dark, ironic memes to social media in … Read more
K2-18b, which is eight times the mass of Earth, is now the only planet orbiting a star outside the Solar System, or ‘exoplanet’, known to have both water and temperatures that could support life. The discovery, published today in Nature Astronomy, is the first successful atmospheric detection for an exoplanet orbiting in its star’s ‘habitable … Read more
Facebook Uses Abortionists to “Factcheck” Pro-Life Website Live Action and Remove Videos from Platform
by DCG California Assemblymember Phil Ting tweeted about his excitement to remove due process for law-abiding citizens, all in the name of “gun safety.” From his tweet: “My bill, #AB61, which improves gun safety by expanding CA’s #RedFlagLaw, heads to the Gov! If signed, more people can access a court process that temporarily takes away someone’s firearms if they pose … Read more
TROUBLES: WASH POST shuts commuter newspaper… Express, the free newspaper published weekdays by The Washington Post for Metro riders and other commuters, will shut down on Thursday, ending 16 years of publication, the company said Wednesday. Managers of the paper cited its deteriorating financial condition for the decision to cease publishing. Although they declined to … Read more
‘Psychic’ gets federal prison time after swindling Houston woman of $1.6M A Florida woman who claimed to be a psychic healer with a direct line to God was sentenced to more than three years in federal prison after she swindled a woman she met at the Galleria into giving her more than $1.6 million to … Read more
by Amy S. Millions lost power and suffered after Hurricane Dorian but you can have electricity after the power grid fails: How to store and re-generate electricity as an extended power supply before a grid collapse. Best of all — No one needs to know you have it. America runs on electricity — and it’s not … Read more
🇺🇸 Can someone remind me what happened with the equity market the last time the trend in (fictional?) operating EPS diverged massively from earnings from a true national income perspective? pic.twitter.com/rbY6TDkeGi — Mikael Sarwe (@MikaelSarwe) September 11, 2019
Retail Bankruptcies Rise, Store Closures Skyrocket in 2019 – WSJ The pace of retail bankruptcies and store closures in the U.S. has accelerated so far this year compared with 2018, due in part to last year’s lackluster holiday shopping season, a new report finds. Trump’s Approval on the Economy Slides as Recession Fears … Read more
via CNBC: DoubleLine Capital’s Jeffrey Sherman tells CNBC that August’s exodus into long-term Treasurys could be “overdone” and cautioned investors from the momentum trade. Sherman, who serves as DoubleLine’s deputy chief investment officer, says gold makes a more compelling recession play. Do you want to incur that “interest rate risk for buying what has been … Read more
via Zerohedge: Just hours after China, as a gesture of goodwill, waived tariffs on 16 types of US goods in a clear attempt to get on Trump’s good side and “sweeten” trade talks, a move which clearly was not lost on the US president, moments ago Trump said he was delaying a 5% increase in tariffs on … Read more
via mediaite: The blue wave in 2018 was undeniable (by everyone, seemingly, except President Donald Trump. Democrats gained 41 seats in the House and lost just two in the Senate — despite facing an overwhelmingly unfavorable map. But with the presidential candidates in the spotlight, the Democratic party’s approval numbers appear to be taking a bit of … Read more
