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by Simon Black Earlier this year the US government reported that Social Security’s long-term, unfunded liability now exceeds $50 TRILLION. Moreover, they forecast that the Social Security and Medicare trust funds will run out of money in 2034. This is the government’s own calculation. (And the government’s math is based on rosy assumptions that there will be no more … Read more
by The Phoenix Stocks remain range bound. However in the big picture, things are looking NASTY. Stocks have failed to ignite a significant rally and will soon test the “line in the sand.” The “line in the sand” for the stock market is the 200-WEEK moving average. If we cannot hold the 200-DAY moving average, we’re … Read more
The Trump administration is considering a proposal that would use Google, Amazon and Apple to collect data on users who exhibit characteristics of mental illness that could lead to violent behavior, The Washington Post reported Thursday. The proposal is part of an initiative to create a Health Advanced Research Projects Agency (HARPA), which would be located … Read more
BY JOHN RUBINO Major US bank Wells Fargo has apparently been getting a lot of client inquiries about gold, and has responeded pretty much as you’d expect: Hold Some But Not Too Much Gold, Says Wells Fargo (Kitco News) – Wells Fargo is once again cautioning investors from buying too much gold as prices continue to trade … Read more
by fisticuffs32 I bought a townhome in 2009 that I now use as a rental property. Last summer when I was visiting the home I noticed the floor in the kitchen had sunk a couple inches. I’d heard previously from my neighbors that they’d had the same problem. When I bought the home, the builder … Read more
The Global Economy May Be Facing Its ‘Minsky Moment’ of Excessive Debt Gold has been on a tear lately, despite a recent pause in its advance, and the precious commodity could be poised to extend its rally above $1,500 an ounce, on the back of ballooning global debt and monetary policy that has resulted in … Read more
A Republican strategist on Fox News apparently thought that individuals who use marijuana inject the drug into their bodies. “California has tried to clear out their prisons and yet every year they continue to have overcrowded prisons,” the Republican strategist said. “And the focus ought to be on a society that follows the law, not … Read more
by The Phoenix The dirty little secret is that China is running a massive US dollar shortage both on a corporate and a national level. All told, Chinese companies have roughly $2 trillion US dollar-denominated in debt owed to international investors. Because this debt is denominated in US dollars, this means the companies need to pay … Read more
via NYPOST: New Yorkers with family members in the country illegally will be able to more easily apply for the city’s highly competitive affordable housing lotteries as part of broader rules changes announced by City Hall on Wednesday, which are meant to expand eligibility. The new rules will allow applicants to provide proof they pay … Read more
Recently, a Chinese startup named Qihan Biotech raised $20 million to develop replacement organs for humans. The smallish deal would hardly have rated a headline, except for the fact that the Hangzhou-based gene-editing company is aiming to grow those organs in pigs and other animals. If successful, such transplants could well transform medicine. And, thanks … Read more
August in Washington can be the political equivalent of an elephant graveyard: One good rain can wash away the dirt and expose the bones of scandals past. And this August did not disappoint. Thanks to the relentless investigative work of Senate Finance Committee Chairman Chuck Grassley (R-Iowa) and Senate Homeland Security and Governmental Affairs Committee Chairman Ron Johnson (R-Wis.), … Read more
One of the main points of setting up your own business is opening a bank account for it. Depending on the circumstances, you may sometimes be able to use your own personal banking account for that purpose. But that’s rarely a good option, especially if you want to achieve proper separation of your assets. It’s … Read more
Long but very worth it. I tried this for two nights and it does seems to work. I feel much better even though I only got 4 hours of sleep, but it was deep restorative quality sleep. Way too much info to summarize, but taking vitamin D at night gives you a very deep sleep … Read more
2/3 of Swiss banks are practically dead – Further 20% of workforce will go next 3years – money laundering does not work anymore and clients leave the country that goes from UBS to CS and local banks https://insideparadeplatz.ch/2019/08/23/20000-jobs-im-swiss-banking-am-verschwinden/ The ZKB had an opportunity today to show that Swiss Banking is the future. You don’t do … Read more
Top White House advisers notified President Trump earlier this month that some internal forecasts showed that the economy could slow markedly over the next year, stopping short of a recession but complicating his path to reelection in 2020. The private forecast, one of several delivered to Trump and described by three people familiar with the … Read more
Oslo (AFP) – A Dutch WikiLeaks associate who went missing under mysterious circumstances a year ago probably had a kayaking accident, Norwegian police said Friday, adding that his body had not yet been found. Arjen Kamphuis, a cybersecurity expert then aged 47, had not been seen since he left his hotel in the northern Norwegian … Read more
He then goes on to explain how he was asked to introduce a Russian agent within Trump’s circle … so that Trump could be taken down! h/t JADR
Trampling on our rights is disgusting enough, but when they pimp out and exploit kids to initiate state-sponsored violence on peaceful people to do it, the DISGUST-METER goes through the roof!! If we don’t stand together, we shall all hang separately. Please share this everywhere!
Moronic: http://archive.is/ELZVm
