World Trade Skids for First Time Since Financial Crisis

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war. World trade volume – a measure of imports and exports of merchandise across the globe – declined in its zigzag manner in June to the lowest level … Read more

BigBrotherWatch: Facial Recognition “Epidemic” In The UK

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Via TruePublica.org.uk, At TruePublica we have written endlessly about the continued slow strangulation of civil liberties and human rights in Britain. We have warned about the rise of a techno-Stasi-state where technology is harnessed and used against civilians without any debate or indeed any real legal framework.  We have alerted the public on the illegal mass data … Read more

California Governor Blames Texas For California’s Policies That Caused The Homeless Crisis

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Authored by Mac Slavo via SHTFplan.com, California’s authoritarian governor, Gavin Newsom, blamed the state of Texas for California’s homeless crisis. Rather than put the blame directly on the policies California has instituted that stifle free enterprise and punish heavily those who produce, Newsom said it’s the fault of Texas. Newsom said many homeless people on the streets … Read more

We Are Being Warned That The Last Week Of August “Could Be Highly Volatile” For Global Financial Markets

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by Michael Snyder Are things about to break loose in a major way?  At the end of last week, the trade war between the United States and China escalated dramatically, and investors all over the globe really started freaking out.  Unfortunately, developments over the weekend have only made things worse, and that means that this could … Read more

Americans Under The Age Of 39 Have Completely Different Values Than The Generations That Came Before Them

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by Michael Snyder merica’s values are shifting at a pace that is unlike anything that we have ever seen before.  During the 2020 election season, we are going to hear a lot about “the generation gap”, and the numbers clearly tell us that this gap is very, very real.  And as older generations of Americans … Read more

Deadly banana fungus reaches Latin America

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by QPRCHOC A deadly fungus is threatening the Cavendish banana in Latin America. The Cavendish is a genetic clone that accounts for 95% of all global exports and Columbia has just declared a national emergency as the fungus reaches local plantations. The fungus infects banana plants which are then unable to bear fruit. There are … Read more

Intentional devaluation of the US dollar on the horizon?

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by PreteenPornstars   In an open letter from Wall Street economist Steven Ricchiuto to Federal Reserve Chairman Jerome Powell, a dollar devaluation to save the economy is what’s being demanded of the Fed. Ricchiuto wrote the following: “The key to breaking out of this deflationary downward spiral of interest rates is to target inflation by … Read more

ISRAEL BATTLES IRAN DRONES, ACTION IN BEIRUT

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* Drones were to attack northern Israel, military says * Syrian army says it destroyed most of the Israeli missiles (Adds quotes by Israeli PM and military, background) JERUSALEM/DAMASCUS, Aug 24 (Reuters) – Israeli aircraft on Saturday struck Iranian forces near Damascus that had been planning to launch “killer drones” at targets in Israel, an … Read more

Bureau of Justice Statistics 2018 data shows 64% of all federal arrests were of non-U.S. citizens

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by DCG The Bureau of Justice Statistics released a report on August 22 entitled, “Immigration, Citizenship, and the Federal Justice System, 1998-2018.” From their introduction: “This is the first BJS report that comprehensively describes the citizenship of suspects arrested and prosecuted for federal offenses. The report highlights trends from 1998 through 2018, providing statistics on … Read more

Did You Hear About HR 838, It Creates a Behavioral Police Force

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via independentsentinel: The text of the TAPS Act, “Threat Assessment, Prevention, and Safety Act of 2019,” gives unlimited and arbitrary authority to 24 bureaucrats. It is written in double-speak with loopholes for the pencil pushers. Bottom line — it’s a behavioral police force that self-empowers to deprive us of our constitutional rights if they don’t like our behavior. It’s … Read more

Scientists discover 8 new repeating signals coming from beyond our galaxy — one of them may be close

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Scientists recently discovered several new repeating radio signals making their way to Earth from different locations in the universe, and no one knows yet what is causing them. Eight new repeating fast radio burst (FRB) sources have been discovered using the Canadian Hydrogen Intensity Mapping Experiment (CHIME) telescope, and the findings were published in a … Read more

Stock Buybacks Imperil Corporate Viability

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by Patrick Hill Goldman Sachs just completed an analysis of corporate balance sheets and found that dividend and stock buybacks accounted for 103.8% of their free cash flow. Meaning that they were paying more out in cash than they had on hand!  Over the last year, free cash flow has dropped 15 %, while debt … Read more

Peter Schiff Compares Trade War to “Battle at Little Bighorn”

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Photo by Gage Skidmore  | CC BY | Photoshopped Political commentators are increasingly critical of U.S. trade policy, particularly tariffs and the trade war with China. Radio host Peter Schiff went so far as to compare U.S. trade policies to General Custer and the Battle of Little Bighorn. Meanwhile, some economic red flags seem to support their worries. In today’s polarized … Read more