by Charles Hugh-Smith Does anyone really think The Everything Bubble can just keep inflating forever? What do I mean by a profoundly shattering recession? I mean, a systemic, crushing recession that can’t be reversed with central bank magic, a recession that only deepens with time. The last real recession was roughly two generations ago in 1981; younger generations have … Read more
https://www.youtube.com/watch?v=9ysPk8dJ0sU Trent Baker from Breitbart reports, In a Thursday appearance on CNN’s “New Day,” 2020 Democratic presidential hopeful and billionaire hedge fund manager Tom Steyer made his case against President Donald Trump. Read More/Source/Credit/FairUse: https://www.breitbart.com/clips/2019/…
Fake news propaganda: http://archive.is/nIJmf
We have too much corn: http://archive.is/ScHM1
via townhall: One of the more poignant moments of Barack Obama’s presidency came at the very end, in January 2017, just days before he left the White House. He awarded Vice President Joe Biden the Presidential Medal of Freedom. Obama spoke at great length about their personal friendship and praised Biden’s leadership. In response, Biden said … Read more
by The Phoenix The markets are now in serious trouble. Friday’s collapse was just a taste of what I think is coming. Stocks dropped over 2% in a single day with the S&P 500 falling to test support in the trading range I’ve been tracking. We are due for a bounce on Monday, but the momentum … Read more
by Jesse Here is the gold related assets box score for the past three months. Although there are many, many gold mining companies, I have asked Nick why he has not included Kirkland Lake. Compliments of the data wrangler Nick Laird
via fastcompany: Have you heard about China’s social credit system? It’s a technology-enabled, surveillance-based nationwide program designed to nudge citizens toward better behavior. The ultimate goal is to “allow the trustworthy to roam everywhere under heaven while making it hard for the discredited to take a single step,” according to the Chinese government. In place since 2014, … Read more
by Fabius Maximus Summary: The pay gap between men and women is the biggest barrier to gender equality in America. I propose a modest solution, one that is both simple and fast. ID 108441292 © Leowolfert | Dreamstime. I am watching a roofing crew on my neighbor’s house. They are booked solid doing roof repairs … Read more
by Paul Craig Roberts The main problem with the US economy is that globalism has been deconstructing it. The offshoring of US jobs has reduced US manufacturing and industrial capability and associated innovation, research, development, supply chains, consumer purchasing power, and tax base of state and local governments. Corporations have increased short-term profits at the expense … Read more
via Zerohedge: We have reached the “hallucination” phase of the trade war. With Trump making it clear on Sunday night that he was staring at the plunging US equity futures in sheer horror, tweeting that “my stock market gains must be judged from the day after the Election, November 9, 2016, where the Market went up big … Read more
by The Phoenix The markets are now in serious trouble. Friday’s collapse was just a taste of what I think is coming. Stocks dropped over 2% in a single day with the S&P 500 falling to test support in the trading range I’ve been tracking. We are due for a bounce on Monday, but the momentum … Read more
by Ron Paul via Ron Paul Liberty Report The president took to Twitter this morning to make a claim that doesn’t hold any water about the economy and the media. At a time when a serious recession inches closer and closer, political posturing should take a back seat. The Federal Reserve is the culprit. It creates the bubbles … Read more
by Martin Armstrong China understands the difference between the German mercantilist model of manufacturing and sells to everyone else and the United States which became the largest economy in the world because it allowed its domestic consumer economy to develop. China will become the largest economy in the world and take the crown from the … Read more
by John Ward A clear Team Boris synthesis for success is becoming clear. The populist thesis of Boris ‘I’m well ‘ard, me’ Johnson was followed by the Boris ‘I’m ever so ‘umble’ Johnson antithesis he presented during three days on the continent earlier this week. The dialectical outcome will be No Change: Boris the Spider – … Read more
by His-Disgrace So I saw somewhere once that the number of RV sales declining is a recession indicator but I used google trends to look at the gap between Used and New RV searches on google. Here’s the general image: https://i.redd.it/1p4whjmh0ii31.png And here’s the gap between used and new RV searches (at it’s maximum) each … Read more
The main part of the yield curve inverted once again on Thursday as the yield on the benchmark 10-year Treasury note traded under that of the 2-year note, the third time the recession indicator has been triggered since last Wednesday. The move came after Kansas City Federal Reserve President Esther George and Philadelphia President Patrick Harker told CNBC they don’t see … Read more
Provincial and municipal authorities across China are buying large amounts of instruments, tools and medical supplies that are designed to collect DNA samples from people, RFA has learned. Online records of government tenders and contracts awarded show that local governments in China are placing orders for DNA sampling kits, testing instruments, sequencers, and other tools, … Read more
