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https://youtu.be/P2XB04x0hK8 There are three groups that want to continue sanctions on Iran, The Oil companies The IAEA and GE And Political Powers that be in Israel. None of these entities have any thing to do with the will of the people of the United States. h/t EastWay4
by User_Name13 A far-reaching lawsuit filed Friday by the attorneys general of more than 40 states accused some of the nation’s largest generic drug manufacturers of conspiring to inflate prices, in some cases by over 1,000 percent. “We have hard evidence that shows the generic drug industry perpetrated a multi-billion dollar fraud on the American … Read more
by Shaun Richards Before we get to looking at those three charts, I want to talk about trade for a moment. On Friday the Trump administration made good on its threat to raise tariffs on as much as $200 billion worth of Chinese imports to 25 percent from the previous 10 percent. The president also … Read more
The gatekeepers of the American mortgage market are increasingly backing loans to borrowers who have heavy debt loads, highlighting questions about mortgage risk as policy makers debate ways to change the system. Almost 30% of loans that mortgage giants Fannie Mae FNMA -4.56% and Freddie Mac FMCC -4.33% packaged into bonds last year went to home buyers whose total debt payments amounted to … Read more
Bloomberg reports that Morgan’s wealth-management clients are already grousing…..According to BBG, Morgan’s private wealth management clients were offered a chance to invest in the Uber IPO via a fund called New Riders LP, which provided exposure to Uber at $48.77 a share, with holdings set to Class A stock in the IPO. https://www.zerohedge.com/news/2019-05-13/morgan-stanley-clients-saddled-massive-losses-after-disastrous-uber-ipo
By David Stockman 2019 Equity fund redemptions now amount to $116 billion, the worst year since ’08 & ’16:
In your opinion, is a potential failure in China a catalyst for the Global Economic Collapse? The global economy is weak. We’ve seen the numbers weakening since 2018 and beyond. Some have picked up in 2019 but ultimately, most hard data looks very dismal. If the US stock market continues to increase, and the unemployment … Read more
44 States are joining in, This can be HUGE via bizjournals: Mylan is one of 20 pharmaceutical companies named in a lawsuit by Connecticut Attorney General William Tong, alleging that the manufacturers have conspired to manipulate prices, restrain trade and reduce competition. According to a press release published by Tong’s office on Sunday, Tong is leading a … Read more
40 percent of U.S. families, including middle-class households, sometimes struggle to afford housing, utilities, food or health care, according to the Urban Institute. Nearly 1 in 5 families said they had experienced difficulty paying for food or medical care. About 60 percent of low-income people surveyed by the nonpartisan think tank said they couldn’t pay … Read more
For More Information See and Links See: https://www.zerohedge.com/news/2019-05-09/heres-lesson-108000-millionaires-who-left-their-home-countries-last-year? https://www.bloomberg.com/news/articles/2019-04-30/millionaires-flee-their-homelands-as-tensions-rise-taxes-bite https://www.northjersey.com/story/news/new-jersey/2019/01/18/new-jersey-area-lost-5-700-millionaires-2018/2605414002/ https://www.businessinsider.com/silicon-valley-moguls-8-million-doomsday-bunkers-new-zealand-2018-9 https://www.bloomberg.com/features/2018-rich-new-zealand-doomsday-preppers/ https://www.theguardian.com/news/2018/feb/15/why-silicon-valley-billionaires-are-prepping-for-the-apocalypse-in-new-zealand https://www.wisebread.com/heres-how-billionaires-are-preparing-for-the-end-of-the-world
KaratGold Coin was launched last year following a $100 million ICO, by Karatbars International founder Dr. Harald Seiz. Seiz started in 2011with selling small amounts of gold to consumers, in an attempt to make gold more common in daily exchange. More recently, Karatbars has introduced CashGold, currency bills that fit in your wallet just like … Read more
via Zerohedge: One of the more remarkable dislocations in the market in recent weeks, was the abnormally sharp spike in the VIX (implied vol) even as realized vol, and the drop in underlying stocks, remained rather muted. Indeed, as BofA noted in “dude, where’s my melt up“, despite a relatively low VIX for much of … Read more
by howmuch In February 2019, the national debt hit an eye-popping $22 trillion. The projected annual deficit for this year alone is almost $1.1 trillion — that’s more than the GDP of Singapore, Norway, and New Zealand combined. Recently, The Balance published an article noting major milestones in the accumulation of national debt, using data from the ”U.S. Debt to the Penny” report … Read more
via zerohedge: No country has better exemplified the global automobile recession than China. Sales for the world’s largest auto market continue to deteriorate, with the latest report confirming that passenger vehicle sales in China tanked yet again – this time dropping 16.6% year-over-year to 1.54 million units, following a 12% decline in March and an 18.5% slide in … Read more
James Corbett, one of the best researchers on the internet, answers this and much more in this very important documentary. h/t Playaguy
https://www.youtube.com/watch?v=IOocLrLcia8 I Love My Freedom reports, The Senate Intelligence Committee has officially sent a subpoena Donald Trump Jr.’s way. It has to do with Russia because doesn’t everything? Now, Democrat Senator Dick Blumenthal is calling for Jr. to be jailed if he fails to comply. Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/watch-afte…
by Alasdair Macleod via Mises Wire Behind the Huawei story, we must not forget there is a wider financial war being waged by America against China and Russia. Stories about China’s banks being short of dollars are incorrect: the shortage is of inward capital flows to support the US Government’s budget deficit. By attracting those global portfolio flows instead, … Read more
by Martin Armstrong QUESTION: Dear Martin, During the WEC in Rome you’ve mentioned that center of finance moving to Asia after 2032. I’m wondering if work ethics from a country with no religion can be sustainable for so many years? My assumption is if the religion helped to shape the Europe’s success (and not any other … Read more
https://www.youtube.com/watch?v=8ailbe0rhYc I Love My Freedom reports, Democrat presidential candidate Joe Biden declared this week that the United States has an “obligation” to give taxpayer-funded healthcare to illegal aliens. During a campaign stop on Wednesday in California, the former vice president told the crowd that illegal aliens — who broke the law to enter the U.S. … Read more
https://www.youtube.com/watch?v=WYgdYHHLmx4