The Banksters re-enter risky mortgage loan market, HOUSING CARSH 2.0 IS COMING!

by

Citigroup, Credit Suisse Re-Enter Risky Home Loans Market Citigroup C and Credit Suisse CS have re-entered the risky mortgage loans market or non-qualified mortgage, wherein they provide new home loans to borrowers with poor credit scores. The move followed two other Wall Street biggies, JPMorgan Chase JPM and Wells Fargo WFC, both of which made a … Read more

It looks like Beijing is trying to make examples of a few, trying to scare the rest of Hong Kong back into line.

by

HMM: U.K. Government ‘Extremely Concerned’ by Reports of China Detaining Hong Kong Consulate Employee. PLUS: Crew Describe Climate of Fear at Cathay After Hong Kong Sackings. Cathay, founded by an American and an Australian during British rule in 1946, was caught in the middle of the crisis 11 days ago, when China demanded it suspend staff involved … Read more

NOT AGAIN! Mortgage Market Reopens to Risky Borrowers

by

via WSJ: The risky mortgage is making a comeback. More than a decade after home loans triggered the worst financial crisis in a generation, the strict lending requirements put in place during its aftermath are starting to erode. Home buyers with low credit scores or high debt levels as well as those lacking traditional employment … Read more

The Plot Thickens! 2 More HSBC Bank Rumors The Mainstream Media Won’t Report!

by

by Jason Burack from Wall St For Main St 2 more HSBC Bank rumors have become public (that the American mainstream media won’t report on) courtesy of China’s state run Global Times. HSBC at a crossroads as Huawei issue remains, Hong Kong unrest continues http://www.globaltimes.cn/content/116… Has Ping An Insurance https://en.wikipedia.org/wiki/Ping_An… been ordered by the Chinese government to attempt a full hostile … Read more

Your tax dollars. Are you getting what you paid for?

by

by Deplorable Patriot Never before have I seen the amount of attention that members of the House of Representative  or the Senate are currently  receiving  from the media.  Maybe it was because I wasn’t paying attention.  Well, today I am.  Maybe I should have titled it “Your tax dollars in action, Are you getting who … Read more

Trump just eased the Volker Rule

by

Banks are happy as Trump gave them your money to play the markets with and bet against you. 2008 all over again. Not good. “Wall Street watchdogs handpicked by President Donald Trump eased the Volcker Rule’s controversial ban on banks making speculative investments, wrapping up a top deregulatory priority that’s long been sought by the … Read more

A number of countries, including the US and Russia, are blocking the possibility of signing a treaty banning killer robots

by

Several large countries, including the United States and Russia, continue to block the possibility of signing an international treaty on the use of autonomous weapons. The campaign aimed at stopping killer robots calls on countries to enter into negotiations on a new treaty requiring significant human intervention to use force. Starting in 2014, many countries … Read more

Is Germany the new sick man of Europe?

by

by Shaun Richards The last twelve months have seen quite a turn around in not only perceptions about the performance of the German economy but also the actual data. With the benefit of hindsight we see that there was a clear peak at the end of 2017 when after a year of strong economic growth … Read more

Rampant Corruption In The World’s Last Oil Frontier

by

By Simon Watkins It seems that as fast as any positive news appears about the massive and under-developed oil and gas resources of the semi-autonomous region of Kurdistan in northern Iraq, more negative manifestations of its endemic corruption quickly follow. OilPrice.com can exclusively reveal that a lawsuit has been brought against the government of Kurdistan (the KRG) – and … Read more