Brick & Mortar Retail Meltdown, March Update

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter And private equity firms are at the helm. March was a busy month for the brick-and-mortar retail meltdown which kicked off in 2015 and has since picked up speed. We’ve followed this progression from the early days. This …

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Arms Sales Champion…USA!

We’re number one! (In arms sales). What does it mean that the US economy has become so dependent on sales of weapons overseas, primarily to the Middle East? How does this corporatist economic arrangement drive policy? What are the security …

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By 2020, China will have completed its nationwide facial recognition and surveillance network, achieving near-total surveillance of urban residents, including in their homes via smart TVs and smartphones.

by ShellOilNigeria https://www.rfa.org/english/news/china/surveillance-03302018111415.html By 2020, China will have completed its nationwide facial recognition and surveillance network, achieving near-total surveillance of urban residents, including in their homes via smart TVs and smartphones. According to the official Legal Daily newspaper, the 13th …

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Markets Are Correcting…Hard

by Chris Well, that escalated quickly! After a long weekend to think things through, it looks like the market correction is back with a vengeance. The S&P 500 has busted its 200 dma today, and that’s  big deal (assuming it’s …

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