Nile Gardiner: President Trump Completed a Very Successful State Visit in London

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Nile Gardiner from the UK Thatcher Foundation praised President Trump following his very successful state visit to London. Even the British tabloids praised Trump on his visit. Ted Bromund joined Fox Business, Tuesday, June 4, to talk about Pres. Trump’s visit to the U.K., Trump’s success during the visit, the coverage of the protests simultaneous … Read more

ADP, Mtg purchase apps, Vehicle sales

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by WARREN MOSLER Employment can be a lagging indicator, so this forecast of Friday’s employment number could be verifying the rest of the weakness that’s been reported: US Private Sector Jobs Rise the Least in 9 Years Private businesses in the US hired 27 thousand workers in May, less than an expected 180 thousand and … Read more

Repeating Behaviors in Real Estate Boom/Bust Cycles

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by Danielle Park In explaining why highly levered, speculative cycles are so damaging to balance sheets and financial stability, I often reference the reality that when asset bubbles burst, prices drop and debt level rise, evaporating net worth rapidly and intensifying selling pressure. The graphic below captures the point within the context of housing.  Of course, … Read more

Fun Fact: #Venezuela’s external debt is at $156B, this means that is owes about 738% of the value of its exports, about 4 times what is typical in emerging markets

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Fun Fact: #Venezuela's external debt is at $156B, this means that is owes about 738% of the value of its exports, about 4 times what is typical in emerging markets pic.twitter.com/4XcysYqgHy — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) June 4, 2019 full article on that >>Venezuela Defaults on Gold Swap With Deutsche Bank https://t.co/qFQUp7n7uU pic.twitter.com/qfOJFcNN4K — … Read more

Why Deflation Will Defeat the Fed

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via rickackerman: Don’t fight the Fed, as the saying goes. The implication is that the central bank is firmly in control of the money supply: loosen it and stocks have nowhere to go but up.  Betting on this outcome has been a big winner since the bull market took off in March 2009. However, all bull … Read more

Brace Yourself for the Coming Tech and Debt Wrecks

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via MarketWatch: George Bush once famously mangled the old saying “fool me once, shame on you; fool me twice, shame on me”. While it’s embarrassing watching the video of him try to get out the words, it’s going to be even more embarrassing for investors in the coming years when they realize they’ve been fooled twice. In … Read more

The Fed Has No Choice But to Return to Ultra-Low Interest Rates – Mises

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via mises: The current boom is heavily built on credit. This is because in today’s fiat money regime central banks, in close cooperation with commercial banks, increase the quantity of money by extending loans – loans that are not backed by ‘real savings’. The artificial increase in the supply of credit pushes market interest rates downwards … Read more

Wall Street lied and created fake news to sell stock to retail investors about a monsterous 2h19 revival of economic growth – sad to say retail will hold the bag.

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Wall Street lied and created fake news to sell stock to retail investors about a monsterous 2h19 revival of economic growth – sad to say retail will hold the bag. pic.twitter.com/hDeTtBqHAT — Alastair (@StockBoardAsset) June 4, 2019 Global PMI <50 pic.twitter.com/aPv34rnhCD — Alastair (@StockBoardAsset) June 4, 2019 Global PMI falls below 50 to 49.8. Lowest … Read more

BIS – The Central Bank of Central Banks

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by Martin Armstrong   QUESTION: Could you please tell us more about the bank of the national banks (BIS) located in Swiss? Many thanks for your information. I love to read your blog first thing in the morning!!! JS ANSWER: The Bank for International Settlements (BIS) was originally established to handle the reparation payments of Germany. It was … Read more

OBAMA Disgraces America and the CONSTITUTION in Hateful Filled Speech To Brazilian People

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Jim Hoft from The Gateway Pundit reports, Failed President Barack Obama continued to prove his hatred for America and his ignorance of history in his latest speech in Brazil. Obama spoke at the VTEXDAY 2019 Conference on Friday https://www.youtube.com/watch?v=311AKc37Ve8 Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019/06/obama-misquotes-the-constitution-to-trash-us-in-hateful-brazilian-speech-video/

BORDER CRISIS ESCALATES! MASSIVE Group of African Migrants CAUGHT Crossing Rio Grande Into US

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Cristina Laila from The Gateway Pundit reports, US Customs and Border Protection posted a video of a group of illegal aliens from Angola, Cameroon and Ebola-stricken Congo wading across the Rio Grande into the United States. https://www.youtube.com/watch?v=38jYqHUoQWg   Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019&#8230;

Rudy Giuliani UNLOADS on John Huber For NEGLECTING To Investigate CRUCIAL Information

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Jim Hoft from The Gateway Pundit reports, Friday on CBS Attorney General William Barr disclosed that the Huber investigation is over. Huber was assigned to look at FISA applications and the electronic surveillance abuses during the 2016 election and actions by Hillary Clinton. https://www.youtube.com/watch?v=B-lxB1QhAJQ Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2019&#8230;