TYLER COWEN: China Loses More From This Trade War. “It is vulnerable because it is a much poorer country with more fragile political institutions.”

via bloomberg: To see why the full picture is more complicated, let’s say the U.S. slaps tariffs on the industrial inputs (whether materials or labor) it is buying from China. It is easy to see the immediate chain of higher costs for the U.S. businesses translating into higher prices for U.S. consumers, and that is what … Read more

GOOD LUCK WITH THAT: Byron York: Joe Biden and restoring the old (pre-Trump) order.

via washingtonexaminer: There was a school of thought that said former Vice President Joe Biden would begin to sink in the polls the moment he announced his candidacy for the Democratic presidential nomination. Biden’s first day in the race, the thinking went, would be his best day. In fact, the opposite has happened. Since formally becoming … Read more

Leaked Document Pokes More Holes In Establishment Syria Narrative

by Caitlin Johnstone “It is hard to overstate the significance of this revelation,” tweets former British MP George Galloway of a new report by the Working Group on Syria, Propaganda and Media (WGSPM). “The war-machine has now been caught red-handed in a staged chemical weapons attack for the purposes of deceiving our democracies into what could have turned into a … Read more

How To Destabilize A Country in 45 Seconds

by Francis Marion Nobody here knows if this is hot air or a sign of what is coming. The Liberals deny it. The Conservatives tell us to prepare for it.  This country is coming unglued just five months before an election that will likely see the Liberal Party of Canada kicked out. All I will say … Read more

1984 Turns 70-Years-Old In A World That Looks A Lot Like The Book

Authored by John Vibes via ActivistPost.com, This month, George Orwell’s legendary novel Nineteen Eighty-Four turns 70 years old, and the warnings contained within the story are now more relevant than ever. Orwell’s predictions were so spot on that it almost seems like it was used as some type of accidental instruction manual for would-be tyrants. In the world of Nineteen Eighty-Four, … Read more

Precious Metals Are Setting Up For A Major Rally While The Broader Markets Are Primed For A Crash

by: Steve St. Angelo To understand the dynamics of the markets, we need to look at the technical indicators. While it’s true that technical analysis can’t guarantee how the market reacts in the near term, it provides excellent indicators over the longer run. And, if we look at the technical indicators in the markets now, they … Read more

Nabisco’s Chips Ahoy cookies celebrates Mother’s Day with drag queen. Cookies recalled for ‘unexpected solidified ingredient’

by Dr. Eowyn On Mother’s Day last Sunday, May 12, 2019, Nabisco’s Chips Ahoy! tweeted a video of a drag queen, Vanessa Vanjie, with this message: #HappyMothersDay to your moms, your drag moms and everyone who celebrates you being YOU. #GetTheseCookies Here’s the video: http://fellowshipoftheminds.com/wp-content/uploads/2019/05/Chips-Ahoy-Mothers-Day-drag-queen-tweet-5-12-2019.mp4 Below are some tweets in response: Reaper: “This is a man” Mark Dice: “Maybe just … Read more

States get ‘aggressive’ as residents flee high taxes… Cities drowning in debt

New York, California get ‘aggressive’ when residents try to flee high taxes As an increasing number of residents are looking to leave high-taxOpens a New Window. states, such as California and New York, some of these state and local governmentsOpens a New Window. are not making the process easy. The Tax Cuts and Jobs Act introduced a number of reforms, … Read more

Michael Ballanger: “Invisible Hand” Of Govt Intervention And Interference Now In Full View

by Michael Ballanger via Streetwise Reports Sector expert Michael Ballanger muses on the effects of Twitter and political maneuvers on the markets, and specifically on a favorite gold explorer. I have a confession to make: There are no free markets anymore; there are only interventions. Of course, I bow to Gold Anti-Trust Action Committee (GATA) cofounder Chris Powell, … Read more

The Current Monetary Order Is Nearing Its End

by Claudio Grass via Claudiograss.ch Interview with Dimitri Speck Given the massive intervention and monetary manipulation experiment by central banks over the last decade, the amount of distortions created in the market, as well as the record debt accumulation at all levels of the economy, have given rise to considerable risks for investors. For a more detailed understanding … Read more

Alabama Passes A Bill Making Abortion A Felony, Potentially Setting Up A Historic Showdown In The Supreme Court

by Michael Snyder They actually did it.  On Tuesday night, the Alabama Senate passed a bill that would actually make abortion a felony in the state of Alabama.  Needless to say, pro-abortion forces all over the nation are officially freaking out about this new law.  They know that it is intended as “a direct challenge” … Read more

Investors May Be Laughing At China’s “People’s War” Now, But Here Is Why They Won’t Be Laughing For Long…

by Michael Snyder Wall Street is still treating this crisis as a temporary trade dispute, but the Chinese see things completely differently.  At this point, the narrative in China is that the U.S. has deeply insulted their national honor, and every angry statement from U.S. officials is just digging the knife in a little bit … Read more

The Economy Has Fundamentally Changed in the 21st Century–and Not for the Better

by Charles Hugh-Smith The net result is we have an economy that’s supposedly expanding smartly while our well-being and financial security are collapsing. Gross Domestic Product (GDP) and other metrics of economic activity don’t measure either broad-based prosperity or well-being. Elites skimming financialization profits by expanding corporate debt and issuing more loans to commoners while spending … Read more

Wall Street Bear Who Says 2019 Recession “Virtually Unavoidable” Doubles Down

by Mac Slavo of SHTFplan The wall street bear who claimed that an economic recession in 2019 will be “virtually unavoidable” has doubled down on his assessment.  He warning that the corporate buybacks will fuel the next recession. Gluskin Sheff Chief Economist and Strategist David Rosenberg acknowledged that his prediction about the recession may have come a bit … Read more

Keith Weiner: The Madness Of Borrowing To Consume Will End, And It Will End Badly

by Keith Weiner of Monetary-Metals We have deviated, these past several weeks, from matters monetary. We have written a lot about a nonmonetary driver of higher prices—mandatory useless ingredients. The government forces businesses to put ingredients into their products that consumers don’t know about, and don’t want. These useless ingredients, such as ADA-compliant bathrooms and supply chain tracking, … Read more