Central Bank ZIRP & NIRP Create, Sustain & Reward More Zombie Companies

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Central bank policies of zero interest rate policy (ZIRP) and negative interest rate policy (NIRP) have had weird intended and unintended consequences for corporations including now over $1 trillion dollars in negative yielding corporate debt, which is is from only $20 billion dollars in January 2019. Negative yielding corporate debt over $1 trillion now! Surge … Read more

No Recession In Sight? But Cutting Rates To Avoid One

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by Mike Shedlock President Trump and his economic advisor Larry Kudlow have important announcements. I can help with translations. Please consider Trump ‘Not Ready’ for China Trade Deal, Dismisses Recession Fears. Consumers Doing Well Trump: “We’re doing tremendously well, our consumers are rich, I gave a tremendous tax cut, and they’re loaded up with money.” Trump Translated: The … Read more

How Will Airports Keep Up With Travel Demand?

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by Frank Holmes, CEO, U.S. Global Investors More than 2.7 million travelers on 44,000 flights travel across the United States each day – a figure that has increased every year since 2008. According to S&P Global Ratings, nearly 45 percent of all Americans took a commercial flight in 2018 and 42 percent of U.S. citizens now … Read more

Top 10 Signs We Are Entering a Recession

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by Amy S.  The world economy has never faced a more perilous situation. While many have just started to debate whether a recession will start in 2019 or 2020, very few perceive the ’black hole’ the global economy is about to get sucked into. With the trade war between the US and China re-escalating once more, … Read more

The Press in Iowa Caught by Surprise they Were Participating in a Bernie Sanders Fundraiser.

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JUST THINK OF THE MEDIA AS DEMOCRATIC PARTY OPERATIVES WITH BYLINES AND IT ALL MAKES SENSE via redstate: It was recently announced that Major League Baseball will be playing a regular season game at the famed Field Of Dreams stadium, in Dubuque Iowa. This is the now famous landmark location where the titular baseball motion … Read more

The “Hidden Tax” That Could Hurt Your Retirement Savings

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From Birch Gold Group Retirees have enough potential problems to deal with when it comes to providing security for their retirement, including the disturbing fact that 42% of Americans may retire broke. You can see in the GoBankingRates chart below that 61.6% of retirees have less than $100,000 saved for retirement, which is far from the amount some experts claim is needed on … Read more

Sen. Elizabeth Warren proposed an extreme gun control plan that would hike taxes on guns to 30% and 50% on ammunition & ban commonly-owned rifles

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They will also use the big banks to go after retailers and manufactures. Democratic presidential hopeful Sen. Elizabeth Warren (D-Mass.) proposed a plan for “gun violence prevention” that would hike taxes on guns to 30% and 50% on ammunition, ban the production, sale, and importation of “assault weapons,” and launch an investigation into the National … Read more

RECESSION WARNING: YIELD INVERTS AGAIN

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The spread between the yield on the 10-year Treasury note and that of the 2-year note on Wednesday turned negative for the second time in one week, a recession warning that flashed for the first time since 2005 on Aug. 14. The inverted bond-market spread is seen by many veteran traders as an important recession … Read more

AMERICAN GULAG DEATH OF EPSTEIN: ASSANGE NEXT?

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The death of millionaire sex offender Jeffrey Epstein behind bars should trigger “system-wide self-reflection” on how prisoners are treated. The Metropolitan Correctional Center “is sort of like an American gulag for people who have not been convicted of anything,” Epstein lawyer Marc Fernich said. Epstein had at least some dirt on some high-powered people like … Read more

Mexico legalizes cocaine. For 2 people

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In a landmark ruling a judge in Mexico has legalized cocaine — but only for two users. The order by the judge to the country’s health authority has raised the possibility that Mexico could, at some point, legalize cocaine use, but only on a case-by-case basis. The ruling still needs to pass a higher court, … Read more

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

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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.

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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