The Economic Consequences Of Debt

by Lance Roberts Not surprisingly, my recent article on “The Important Role Of Recessions” led to more than just a bit of debate on why “this time is different.” The running theme in the debate was that debt really isn’t an issue as long as our neighbors are willing to support continued fiscal largesse. As I have pointed out … Read more

Overcapacity is a major issue and poses a significant deflationary risk to the rest of the world as China looks to export their economic imbalances.

via NZ Herald: The underlying economic troubles in emerging markets surfaced recently with Turkey, Argentina and India making headlines as their markets tumbled. Meanwhile, trade tensions between China and the United States have brought an even more cautious tone across international markets. While the New Zealand stock market has been able to navigate most of these … Read more

The response to the 2008 economic crisis relied far too much on monetary stimulus, and far too little structural reform. The next crisis could come soon – and include large-scale military conflict

via interest.co.nz: The next economic crisis is closer than you think. But what you should really worry about is what comes after: in the current social, political, and technological landscape, a prolonged economic crisis, combined with rising income inequality, could well escalate into a major global military conflict. The 2008-09 global financial crisis almost bankrupted governments … Read more

Goldman Sachs’ “Bear Market Indicator” Hits 48-Year High

via Zerohedge: “Get used to this kind of volatility,” warns Hussman Funds’ John Hussman in his latest comment. “Unfortunately, the moment interest rates hit zero, [historical risk and valuation] limits vanished, and preemptively responding to speculative extremes became terrifically detrimental.” “Presently, neither valuations nor internals are favorable, and that is what opens up a trap door under the market.” Goldman  agrees, … Read more

Century of Our Enslavement: The History of the Federal Reserve

TRANSCRIPT AND RESOURCES: http://www.corbettreport.com/federalr… What is the Federal Reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Why is the public kept in the dark about these important matters? In this feature-length documentary film, The Corbett Report explores these important question and pulls back … Read more

I Read The News So You Don’t Have To – Market News (Nov. 12, 2018)

by ogordained UNITED STATES University of Michigan Consumer Sentiment Index remains robust (Actual 98.3 | Expected 98.0) But consumers are putting off purchases of cars and homes And expect inflation to remain low CFO’s have reeled back their expected investments for the next 12 months  Regional Fed surveys show new orders dropping off sharply, a sign of slowing business investment OTHER Global shipping activity is pointing to a weakening in demand Natural gas is prices … Read more

WSJ: “U.S. on a Course to Spend More on Debt Than Defense”… The Morgan Report: “US Dollar Demise This December?”

WSJ: “U.S. on a Course to Spend More on Debt Than Defense” Merely paying interest on our titanic federal debt will eventually consume the nation’s budget whole: “It will spend more on interest than it spends on Medicaid in 2020; more in 2023 than it spends on national defense; and more in 2025 than it … Read more

Harry Dent: Real estate is starting to crack in Australia – here’s why this matters

Economy & Markets – Facebook, Released on 11/9/18 With real estate starting to crack in Australia, Harry Dent returns for his latest tour earlier than expected. Declining numbers across the country is a very big deal for several reasons which Harry details in his latest video… *If the volume isn’t working, click the volume icon … Read more

Do You Really Need Half Your Money In Stocks?

by John Coumarianos We’ve all been conditioned to think the balanced portfolio is a touchstone of investing. For many investors, it provides enough exposure to the stock market (60%) to produce a healthy return and enough exposure to the bond market (40%) to provide ballast and a little income to a portfolio. Along the way, … Read more

Why You Need BPA-Free Drinking Vessels For Your Bug-Out Bag

via Jeremiah Johnson: Ready Nutrition readers, this piece stresses the importance of finding drinking vessels that will not leach chemicals out of their very walls and poison you. Yeah! Sounds problematic, doesn’t it? Well, it is. BPAs (Bisphenol-A, a chemical used in plastics for the past 60 years). BPAs are found in both epoxy (used in food cans … Read more

USD hitting new 52 week high, the liquidity is leaving the system

$DXY hitting new 52 week high…can you hear it 👂…liquidity is leaving the system…😳 pic.twitter.com/cyRCLmWTEC — Edward Dowd (@DowdEdward) November 12, 2018 Chart: The fed funds rate is nearing the interest rate on excess reserves (IOER) – pic.twitter.com/UU7A1ooTCu — (((The Daily Shot))) (@SoberLook) November 9, 2018 S&P 500 earnings and the dollar: https://t.co/Ab1LBDXBhY via @SoberLook … Read more

One Company Wants To Implant Microchips Into The Hands Of “Hundreds Of Thousands” Of Global Workers

by Michael Snyder It is really happening.  At one time, the idea that large numbers of people would willingly allow themselves to have microchips implanted into their hands seemed a bit crazy, but now it has become a reality.  Thousands of tech enthusiasts all across Europe have already had microchips implanted, and now a Swedish company … Read more

Has the Fed Made a Deal with Trump?

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Despite intense public pressure from President Trump, the Fed is getting increasingly hawkish on interest rates and the QE unwind. But in another, even more important area, the Fed has totally caved. Has the Fed made a deal with Trump? Like: We rule over here, and in return, you get what … Read more

We Are Witnessing The Most Destructive Fire In The History Of California, And “Devil Winds” Threaten To Make Things Even Worse

by Michael Snyder California has been absolutely devastated by horrific wildfires in recent years, but the state has never seen anything quite like this.  At this moment, three major wildfires are raging, and the Camp Fire in Butte County is already officially the most destructive wildfire in California history.  Thousands of firefighters are desperately trying … Read more

As Good As It Gets After Another Blockbuster Earnings Season For The Big US Stocks?

by Adam Hamilton of Zeal LLC The widely-held mega-cap stocks that dominate the US markets are just wrapping up another blockbuster earnings season.  Sales and profits soared largely due to Republicans’ massive corporate tax cuts.  Still these lofty stock markets are vulnerable to serious downside, as October’s brutal plunge proved.  Such extreme revenue and earnings growth cannot persist, … Read more

SPD Puts forth Its Manifesto to Federalize Europe

by Martin Armstrong In Germany, the SPD is now pushing for a revolution in Europe for all member states to surrender their sovereignty to Brussels. They are arguing to federalize Europe and thereby create an integrated Europe of one government. It was the SPD that really won in the German 1918 Revolution. Under Weimar, the … Read more

Obama Caught In Post-Presidency Lie – Netflix Deal Contains Anti-Trump Content In Spite Of Assurances Otherwise

by Jon Hall, Free Market Shooter In May of this year, Netflix announced that Barack Obama, along with his wife Michelle, had struck a multi-year deal with the company to produce “films and services” for their streaming service. Notably, alongside the announcement, the Obamas also started a new production company called “Higher Ground Productions“. In a statement when … Read more

FLORIDA MIXED BAD BALLOTS WITH GOOD ONES IN RICK SCOTT RECOUNT TO POSSIBLY HELP NELSON (Huffington Post Writer)

Brenda Snipes’ office mixed bad provisional ballots with good ones… Broward’s elections supervisor accidentally mixed more than a dozen rejected ballots with nearly 200 valid ones, a circumstance that is unlikely to help Brenda Snipes push back against Republican allegations of incompetence. Broward officials faced further headaches after acknowledging the county mistakenly counted 22 absentee … Read more