China’s Long March Is Reaching a Crescendo, Official Threatens Trade Restrictions On Essential Rare Earth Minerals

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by Stocks45 According to CCTV, a “relevant official” from the National Development and Reform Commission was reported to have said products made from rare earth materials should not be used against China’s development, CNBC reports. To give you an example of the influence China has over the worlds rare earth elements (REE’s), the Mountain Pass Mine, … Read more

Is CNBC trying to sell being poor to Millenials? “Living On $60K A Year In NYC — Millennial Money”

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by hamburglin I checked out this recent video out hoping that it would shed some light on how someone could be financially stable and growing their wealth outside of the current week-to-week survival lifestyle. Instead, it highlights a 32 year old waitress who makes $50-55k waitressing and $5k dancing who has no retirement savings with no plan to, shares … Read more

Real estate listings online – Scam warning

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by GWash1776   My family works in real estate and has for decades. Recently they’ve noticed an increase in online scams. These criminals will copy legitimate property listings and repost them on Craigslist or other sites with only two changes, real estate agent contact information and price. The prices/rent will be so low that it … Read more

Global 40’ Shipping Container Rate continues to plunge, equity vol higher and ig credit spreads widening – stress is forming

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Global 40’ Shipping Container Rate continues to plunge. pic.twitter.com/pooQHMdoRU — Alastair (@StockBoardAsset) May 29, 2019 equity vol higher and ig credit spreads widening – stress is forming pic.twitter.com/C5I96VKETQ — Alastair (@StockBoardAsset) May 28, 2019   Morgan Stanley Warns “Volatility Is About To Rise… A Lot” With every passing day that the US China trade war … Read more

The Next Downturn Could See a ‘Radicalization’ of Financial Policies

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Another economic crisis could prompt an even more aggressive response than the last one, an AB Bernstein economist argues in a paper. The response could be any mix of three approaches: Modern Monetary Theory, negative interest rates or so-called helicopter money. Such moves could come either due to an economic slowdown or populist political pressure, … Read more

All Of The Economic Momentum Is Moving In Just One Direction Now

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by Michael Snyder Earlier today, I was greeted by this jarring headline when I visited the Drudge Report: “BONDS FLASH RECESSION WARNING”.  These days, it seems like the “R word” is being thrown around constantly, but at this time last year everyone was celebrating how well the economy was doing.  Unfortunately, we have witnessed a dramatic shift … Read more

These ‘Big Four’ Companies Control the World, Yet You’ve Probably Never Heard of Them

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by Playaguy Some people have started realizing that there are large financial groups that dominate the world. Forget the political intrigues, conflicts, revolutions and wars. It is not pure chance. Everything has been planned for a long time. Some call it “conspiracy theories” or New World Order. Anyway, the key to understanding the current political and … Read more

IBM-Q : Cloud based quantum computing! (IBM reports that there are over 80,000 users of the IBM Q Experience)

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IBM Published on Dec 14, 2017 In May 2016, IBM launched the IBM Q Experience,[3] with a five qubit quantum processor and matching simulator connected in a star shaped pattern, which users could only interact with through the quantum composer, with a limited set of two-qubit interactions, and a user guide that assumed background in … Read more

The Head Of The Plunge Protection Team Is Quitting

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from Zero Hedge Back in the summer of 2012, a historic if largely under-reported change took place at the New York Fed, when Brian Sack, the former head of the Fed’s Markets group, also known as the Plunge Protection Team’s trading arm, was replaced by former UCLA economist, Simon Potter. Potter’s arrival was most notable for not only … Read more

Trump Derangement Syndrome makes Bush Derangement Syndrome look like a mild head cold.

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I DON’T KNOW, I CAN IMAGINE QUITE A BIT: Hollywood hates Trump, Republicans even more than we thought, according to Vanity Fair’s insider account. Christian Toto: The far-left magazine serves up a behind-the-scenes pastiche of an industry reeling over Trump’s very existence. Author Nick Bilton showcases a number of scripts circulating around Hollywood as well as … Read more

Feds owe Baltimore more than an explanation if NSA weapons were trained on the city’s computers.

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If the hackers who crippled Baltimore city government computers used a cyberweapon developed by the National Security Agency, as the New York Times reported Saturday, the federal government bears some responsibility in helping to clean up the mess. Yes, the city should have updated its Windows systems with a security patch Microsoft released two years ago after a … Read more

The Base Gets Itself A New Elite

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Back in 2010 at the New Criterion, the late Kenneth Minogue warned: My concern with democracy is highly specific. It begins in observing the remarkable fact that, while democracy means a government accountable to the electorate, our rulers now make us accountable to them. Most Western governments hate me smoking, or eating the wrong kind of food, or hunting foxes, … Read more