by Fabius Maximus Summary: The “yellow vests” protests in France are another momentous event in a continent that has had many of them in recent years. The analysis of it in the news is superficial. Here are important things that they ignore. The Peasants’ Revolt of 1381, also called the Great Rising, was the largest medieval uprising in England. … Read more
He Jiankui… on November 25, the young Chinese researcher became the center of a global firestorm when it emerged that he had allegedly made the first crispr-edited babies, twin girls named Lulu and Nana. Antonio Regalado broke the story for MIT Technology Review, and He himself described the experiment at an international gene-editing summit in … Read more
via RT: Left leaning billionaire Michael Bloomberg says he would like to hike taxes on low-income citizens in his crusade against sugary drinks. He says it’s a “good thing for those people.” Bloomberg says he wants to decide on what is good for low-income people. “The question is do you want to pander to those people? Or … Read more
Damn those sneaky globalists ! Hope the French people are smart enough to see that they got conned. So, first, the French government said that the tax will be delayed/postponed for 6 months. Clearly that would not have worked…so, why did they announced it? Well, because announcing afterwards that they would scrap it, will have … Read more
by Tom McClellan Housing sector stocks have been among the worst performers in 2018, and analysts are pointing to lots of different reasons including the newly imposed U.S. tariffs on Canadian softwood lumber. But an easier explanation arises when we look at interest rates. Mortgage rates are not yet empirically “high”. I bought my first house … Read more
by Shaun Richards One of the supposed constants of the credit crunch era has been the economic performance of Germany. Earlier this week saw a type of confirmation of past trends as the European Central Bank or ECB updated its capital key, which is calculated on the basis show below. The shares of the NCBs … Read more
by Jesse Gold is not only flowing from West to East. It is also flowing into the house account at Goldman Sachs. Or at least the paper claims for it in New York. Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into … Read more
by AnonDidNothingWrong 50 of the 60 CRS anti-riot unit will be called in emergency on Paris this saturday leaving the countryside defendless, all Paris police force mobilised even anti-immigration special unit https://www.youtube.com/watch?v=RfS_ZFHxbZQ Armored vehicles of the GBGM (elite CBRN military unit in riot control that was deployed in Kosovo and Afghanistan) will guard government … Read more
by Martin Armstrong What is really amazing is how governments just fail to comprehend that revolution is instigated by corruption and taxes. Nevertheless, they just can’t help themselves. They have to keep taking cookies from the jar until it is empty and then act surprised what the people suddenly rise up. France tops the list of … Read more
by Martin Armstrong I have constantly warned after dealing with governments first hand for over 30 years, they NEVER see the problem as being them – it is always we the people. Their fiscal mismanagement is beyond repair and we should not expect anything other than death and taxes. You work your entire life and then want … Read more
by Michael Snyder Things are sure getting wild on Wall Street. On Thursday, the Dow Jones Industrial Average plummeted almost 800 points before roaring back and recovering nearly all of those losses. The Dow closed just 79 points lower for the day, and if you only looked at the final number you would be tempted … Read more
by Michael Snyder It is a rumor that won’t go away. Mainstream news outlets Newsweek and Vanity Fair have both reported that Donald Trump and his political advisers have been considering replacing Mike Pence with Nikki Haley for the 2020 election. Of course there is always at least a little speculation about such a move whenever a sitting president … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The Federal Reserve shed $54 billion in assets over the five weekly balance sheet periods that encompass the calendar month of November. This reduced the assets on its balance sheet to $4,086 billion, the lowest since January 15, 2014, according to the Fed’s balance sheet for the week ended December 5, released this … Read more
Starting a new business is an exciting journey but also one that will entail important costs. Here are four low-cost business ideas with lower-than-average costs that can be quickly set up and for which the main resources will be the entrepreneur’s creativity, his already existing skills as well as a good marketing plan. Accounting … Read more
https://www.youtube.com/watch?v=gtsCm9wT42w Cassandra Fairbanks for the Gateway Pundit reports, Senator Rand Paul commandeered a press conference set up outside the CIA briefing on Jamal Khashoggi after being blocked from attending. The senator blasted the deep state for keeping him and other lawmakers in the dark. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
https://www.youtube.com/watch?v=n62_0pH5bXE Randy DeSoto for the Western Journal reports, TheBlaze and CRTV have merged, creating Blaze Media, the two companies announced Monday. The newly created entity will be able to reach 165 million people via television, online and social media, making it “the largest independent, traditionally conservative multi-platform media company in the United States,” TheBlaze reported. … Read more
via dailyreckoning: In 2017, the financial world was filled with talk of synchronized sustainable growth in major economies for the first time since before the 2008 global financial crisis. This was being proclaimed by global financial elites including Christine Lagarde, head of the IMF. Now that vision is in ashes. Synchronized global growth has turned into … Read more
Tuesday drop for Dow and S&P biggest since Oct. 10 from CNBC. via CNBC: A bear market — an index decline of 20 percent or more from recent highs — would alter consumer behavior, argues Bleakley’s Peter Boockvar. The last S&P 500 bear market happened during the financial crisis when the index lost 56 percent … Read more
via mishtalk: The Fed is expected to hike on Dec 18 and perhaps in Mar 2019. The rise in the 3-month yield reflects that expectation. The inverted yield curve persists for a second day. It reflects the idea that the Fed is slowly hiking the economy into recession. Let’s take a look at how we got … Read more
Who knew the greatest economy in the history of the world, led by heroes, couldn't even stand a 2% Fed Funds rate? pic.twitter.com/OeJIUDZiMp — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) December 6, 2018 This is truly sad… markets are momentarily excited because things are so bad economically that #Fed has to pause at zero real … Read more
via advisorperspectives: Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001, he remarked in a Fortune Magazine interview that “it is probably the best single measure of where valuations stand at any given moment.” The four valuation indicators we track in our monthly valuation overview offer … Read more
via Fdsn: This is a list of cities which is projected to have the fastest GDP growth in the world over the next 16 years. All top ten cities in this list are located in India. And, in the top 20 list, 17 are located in India thus showing the growth potential in India over the … Read more
By Harry Dent Ever since Trump’s election and he and Treasury Secretary Steven Mnuchin uttered the stupidest words ever, I’ve been explaining in every place I can why 4%-plus growth is NOT sustainable… not past the tax-cut gravy train that hit mostly this year. Ultimately, it mostly comes down to two predictable demographic factors… As I’ve ALWAYS … Read more
via Jesse Kelly: Earlier this week, Alexandria Ocasio-Cortez put up a tweet so mind-numbingly stupid that simply calling it “factually incorrect” would be an insult to the word “incorrect.” As is to be expected in the social media world, folks on the right ripped the incoming congresswoman to shreds for it. Here were some of the typical responses: … Read more
by axolotl_peyotl The latest attacks against Julian Assange being perpetrated by the Mockingbird MSM are the perfect example of how the Fake News narrative has permeated all of mainstream “journalism” today. This pernicious propaganda became very obvious once certain bad actors began attacking anyone who defended Assange as being a Russian operative. Although the peddlers of … Read more