Lionel Nation: “Comey’s Scared Sh*tless Over Criminal Charges Headed His Way From Huber and Horowitz”
https://twitter.com/Mike_evan45/status/1121240077282291712 h/tKOS
Duck And Cover! The Donald’s Trade War Bombs Are Now Coming Fast And Furious
By David Stockman When even the Wall Street chart-monkeys are getting vertigo, it’s time for a plan on how not to become: COLLATERAL DAMAGE. As the markets first rebounded to ever more ludicrous heights after the Christmas Eve warning shot, and are now stumbling hard once again, a singular question becomes increasingly urgent. To wit: … Read more
Microsoft Word AI to Police Language by Default – Styx recommends free alternative ‘Open Office” to Microsoft Products
Link to Open Office Alternative to Microsoft Products, and it’s FREE: https://www.openoffice.org No, I am not making money off this. Just sharing the news for others who don’t know this is available. AC
Recession Alert: Credit Card Delinquencies Reach 8-Year Highs
This article was written by Mac Slavo and originally published at SHTFplan.com When the average everyday American begins to have trouble paying their bills, it’s most often a sign that the economy is not doing that well and we’ve reached that point. Credit card delinquencies have now reached and 8-year high, with no reprieve in sight. … Read more
The Australian house price crash of 2019 looks set to worsen
by Shaun Richards A feature of the credit crunch era has been policies which have been favourable for the housing market and house prices in particular. Central banks first cut official short-term interest-rates and then followed it up with Quantitative Easing and credit easing all of which reduced mortgage rates. As well as this the … Read more
Private College Tuition Discount Rate Hits All-Time High Of 52%.
2018 NACUBO Tuition Discounting Study: In the 2018 NACUBO Tuition Discounting Study, 405 private, nonprofit colleges and universities reported an estimated 52.2 percent institutional tuition discount rate for first-time, full-time students in 2018-19 and 46.3 percent for all undergraduates – both record highs. This means that for every dollar in gross tuition and fee revenue collected … Read more
OHIO: The Midwest state where Democrats should give up already.
via cnn: Republicans have come a long way since 2012, when I ran Mitt Romney’s campaign in Ohio. President Barack Obama took an op-ed Romney had written with the headline “Let Detroit Go Bankrupt” four years earlier and used it to slam the GOP. Romney never had an answer to Obama’s attack depicting Romney as a … Read more
The Next Revolution with Steve Hilton (The USA could completely cut off trade with china and be absolutely fine)
Trump 2020. China can just kiss my bum hole. We owe them nothing. AC
Swedish prosecutor reopens Assange sexual assault case
Sweden’s Director of Public Prosecutions Eva-Marie Persson has announced that the investigation into allegations of sexual assault by whistleblower and WikiLeaks founder Julian Assange has been reopened. The sexual assault charges were leveled against Assange in a case which began almost a decade ago, before he sought refuge in the Ecuadorian Embassy in London in … Read more
New Middle East Proxy War Could Jolt Oil Prices
By Cyril Widdershoven U.S. sanctions on Iran are now really starting to bite. In contrast to what European media portray, Iran’s oil and gas exports are plunging. Tehran’s ability to supply its Asian customer base has been largely blocked, as Washington has decided not to extend the waivers given to China, India or others to … Read more
Could This Emerging Oil State Become The Richest Nation In The World?
By Irina Slav A tiny South American country until recently known mostly as the location of one of the worst mass suicides in modern history is about to acquire a whole new reputation, and this reputation has to do with its oil wealth. Guyana, sandwiched between Venezuela and Suriname, has in just a couple of … Read more
“We’re Gonna Need More Bagholders…”
Via AdventuresInCapitalism.com, I have been highly critical of the Profitless Prosperity Sector (a.k.a the Ponzi Sector). The sector consists of companies that are effectively Ponzi Schemes; in that they have accelerating losses but show blistering growth rates in order to attract new capital. This all worked fine when companies kept their free floats small enough to be … Read more
Hopium Floats, and That’s How the Market got High on Friday
by David Haggith So much for the trade war being “good and easy to win.” Let’s be honest. Trump has been grinding away on it for almost a year now, and China has barely flinched in its negotiations. On Friday the tariff war became personal because it will now tap your own budget and every business … Read more
BREAKING: China just announced retaliation to Trump’s tariffs. Dow futures already dropping through -500 points.
CHINA SAYS TO RAISE TARIFFS ON 2493 U.S. GOODS TO 25% pic.twitter.com/BJRlcp6Shn — Alastair (@StockBoardAsset) May 13, 2019 say goodbye to the 2h growth rebound narrative – we're now experiencing worst-case scenario for equity markets https://t.co/FwdVgBqFQM — Alastair (@StockBoardAsset) May 13, 2019 U.S. stock futures pointed to sharp losses on Monday after China decided to … Read more
SAUDI TANKERS ‘SABOTAGED’, MIDEAST TENSIONS FLARE
Saudi oil tankers including one bound for US hit by ‘sabotage attack’ amid Iran standoff TWO Saudi oil tankers were hit by a “sabotage attack” off the United Arab Emirates, it was announced this morning – as tensions flare between the US and Iran. The ships were struck off the coast of the port of … Read more
The Reputational Risks That CEOs are Most Worried About
by visualcapitalist Building an enduring business isn’t easy work. It can take decades to earn trust and respect in a given market, and it only takes one terrible miscue to unravel all of that goodwill. As a result, it’s no surprise that the world’s best CEOs think a lot about evaluating these kinds of risks. So … Read more
Economic Doom: China Says That There Will NEVER Be A Trade Deal Until The U.S. Agrees To Their Demands
by Michael Snyder Unless someone backs down in a major way, this trade war is going to last for a very long time, and the Chinese have made it exceedingly clear that they are never going to back down on the core issues. So that means that the only way out is for President Trump … Read more
Is China’s Belt & Road a Decade Too Late?
by Charles Hugh-Smith The world appears to be tiring of globalization and hegemons, and that trend may doom the Belt & Road to irrelevancy. The conventional narrative holds that China’s Belt & Road Initiative is cementing China’s global superpower status. There’s an alternative narrative, however: it’s a decade too late. From this perspective, global trade has … Read more
Why a US-Style Mortgage Crisis Can Happen Anywhere.
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Industry and government organs in Canada, Australia, the UK, and other places with housing bubbles that are now deflating are trying to hide behind a false understanding of mortgage laws in the US and what happened during the US mortgage crisis. What happened in the US cannot happen here, they say … Read more
Canadian Economy On The Brink Of DISASTER! – Debt Is Unsustainable
John Sneisen and Financial Advisor Tim Picciott talk about the real estate bubble popping in Vancouver and how the Vancouver housing market has hit 30-year record lows by far in house sales for April being at 130. The average condo prices in Vancouver are year over a year down 19%. With a lack of new … Read more