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via gnseconomics: There is renewed hope in the markets after central banks, most-recently the ECB and China, have added easing measures. The working narrative is that these will, once again, renew global growth and allow governments, corporations and consumers to go even more deeply into debt. But will the increase in liquidity work this time around? … Read more
Draghi faced unprecedented #ECB revolt as German, French, Dutch governors resisted QE. Those 3 governors alone represent half of Eurozone GDP. Other dissenters incl governors from Austria, Estonia, as well as members on ECB’s Board incl Lautenschlaeger & Coeure, BBG reports. pic.twitter.com/odtaLy8i2Q — Holger Zschaepitz (@Schuldensuehner) September 12, 2019
UPDATE: US budget deficit smashes $1 trillion mark, highest in 7 years The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first time that level has been eclipsed in seven years, the Treasury Department reported Thursday. The total shortfall rose to nearly $1.07 trillion, thanks to a … Read more
Corporate debt issuance has been on the rise in recent years, and demand from investors is spiking. Companies have taken advantage of the situation to issue bonds with low borrowing costs. But, as the FT explains, the money isn’t necessarily translating into economic innovation.
via americanthinker: The machinations of an illiberal left, on display in its ever-increasing violence accompanied by the ululations of a propagandist media in contravention of an imaginary “white supremacist” right, have riven the nation into diametrically opposed camps. The right will never accept socialism, while the left will accept nothing less. Trump Wins Those on the … Read more
by TXreddest This is simply a representation of Google’s ability to keep sheeple in the dark. If they do not know what to search(many don’t know about HAARP) then they will get the programmed information desired by the elite. People have been conditioned to the “G’s” through Wi-Fi and have no idea what 5G really … Read more
via dailycaller: Despite the media’s obsession on gender, race and sexual orientation, the real and determining divide in America and other advanced countries lies in the growing conflict between the ascendant upper class and the vast, and increasingly embattled, middle and working classes. We’ve seen this fight before. The current conflict fundamentally reprises the end of … Read more
by Michael Snyder Okay, so let’s talk about Thursday’s debate. Apparently, every month the Democrats are going to subject us to at least one of these debates, and I suppose that this time around we should be thankful that they did not stretch things out over two nights. All of the big news networks are … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter What would the Fed do if economic factors were all it looked at? Inflation as measured by the “core” Consumer Price Index, which removes the volatile food and energy segments, jumped in August at the highest rate in 11 years, by 2.39%, a smidgen above the prior peaks of July 2018 … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Draghi’s desperate shenanigans thicken. ECB President Mario Draghi, who is on his way out, will, as we’re learning more and more, do anything to push his agenda and make it stick at the ECB long after he leaves, but whatever his agenda may be, it’s clearly unrelated to the European economy which has … Read more
via Zerohedge: Bidding wars for homes in Seattle, San Jose, and San Francisco have crashed in the past year, reflecting an alarming national trend, according to a new report from Redfin. The report found that the national bidding-war rate in August was 10.4%, down from 42% a year earlier. The rate printed at the lowest level since … Read more
Authored by Jacob Hornberger via The Future of Freedom Foundation, Leave it to the progressives (i.e., liberals or leftists) to point out, indirectly, that conservatives and Republicans are as devoted to socialism as leftists are. The point is well made in an article by Tim Butterworth, a former Democratic Party legislator in New Hampshire. The title … Read more
In business, one of the most important characteristics to begin with, is to keep a name that resonates with the true essence of your business. In the global world, all businesses with humongous buildings have their names imprinted on them in a stunning, fantastic way. Why is that so? It is because the name speaks … Read more
via politico: The U.S. government concluded within the past two years that Israel was most likely behind the placement of cellphone surveillance devices that were found near the White House and other sensitive locations around Washington, according to three former senior U.S. officials with knowledge of the matter. But unlike most other occasions when flagrant incidents … Read more
by Simon Black A few hours ago, the European Central Bank announced a bonanza stimulus package: interest rate cuts, money printing, quantitative easing, the whole nine yards. Europe’s economic growth has ground to a halt. The German economy actually shrank last quarter, according to official statistics. So the European Central Bank is throwing everything including the … Read more
Drone footage of the severe damage from the 500 block of Fairview Avenue NE in Grand Rapids on Thursday, Sept. 12, 2019. High winds damaged an apartment complex and homes in the area around 8 p.m. on Wednesday, Sept. 11. Sound the alarm AC
Watch the latest video at foxnews.com U.S. Attorney Jessie Liu has recommended moving forward with charges against Andrew McCabe, Fox News has learned, as the Justice Department rejects a last-ditch appeal from the former top FBI official and current CNN contributor. McCabe — the former deputy and acting director of the FBI — appealed the decision of … Read more
https://twitter.com/Johnheretohelp/status/1171972293968441344 Posts by Johnheretohelp h/t Fungi
From Birch Gold Group This well-known financial commentator — known as the “Pied Piper of emerging markets” — usually talks about hot new investment opportunities around the globe. But now, he can’t stop talking about gold. Recently on CNBC’s Street Signs, veteran investor Mark Mobius, founding partner of Mobius Capital Partners, boldly proclaimed “gold is the way … Read more
