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via axios: Data: Trading Economics and U.S. Dept. of Commerce; Chart: Axios Visuals Even before President Trump heated up the trade war again, consumers in both the U.S. and China were slowing down their spending. China’s retail sales rose 7.2% in April, the slowest rate of growth since May 2003, a sign their economy is cooling significantly. U.S. retail … Read more
by pale_duchess Because “credit adventurism” was the prime cause of the 2008 crash, its effects were concentrated in the credit (banking) system. But GFC II, resulting instead from “monetary adventurism”, will this time put the monetarysystem at risk, hazarding the viability of fiat currencies. In addition to mass defaults, and collapses in asset prices, we should anticipate that currency crises, accompanied … Read more
The fourth-quarter stock market rout that wiped out $12 trillion in shareholder value and sparked a bout of Christmas Eve panic may have quickly been forgotten by most Americans, but not by the salespeople and financial engineers of Wall Street. No, the selloff, it would appear, wound up triggering fears that time was running out on the … Read more
via Zerohedge: Uber’s underwriters, led by Morgan Stanley, were so (rightfully) worried that the company’s IPO was going to crater in the days after its public offering, they deployed what CNBC is calling “a nuclear option” and shorted IPO stock naked, even beyond the traditional greenshoe. Of course, anyone in the industry would simply call this “selling … Read more
https://www.youtube.com/watch?v=TvXUVeGqLBQ “While democracy must have its organizations and controls, its vital breath is individual liberty.” — Charles Evans Hughes – Statement of May 1908, quoted in “Reauthorization of The Civil Rights Division of The United States Department of Justice” (15 May 2003) US House of Representatives.
https://www.youtube.com/watch?v=7MlNGRgCfho Over the past several decades, US news media have shifted towards advocacy and emotional appeals, according to a RAND Corporation study. READ MORE: https://on.rt.com/9uig
by Gntlmn_stc Relevant regarding the current wardrums against Iran, former Ohio representative James Traficant speaks about the power that the Israeli government have on American foreign policy. I timestamped the part where he speaks about Israel, but I can recommend the entire interview where he also speaks about the absurd amounts of aid to Israel … Read more
Trudeau, NZ PM, other Elitists looking to silence opposition (Link to article below) https://www.cbc.ca/news/politics/trud…
by Egon von Greyerz How can a small clique of gold owners holding less than 0.5% of world financial assets be right? They are clearly a minuscule minority of obstinate goldbugs and contrarians who are living in the past. Or do these people see something that the majority of investors don’t? More than 99.5% of … Read more
by Martin Armstrong Most people have never heard of a volcano in Germany. Well, the caldera of Laacher See was formed after the Laacher volcano that erupted between 12,900 and 11,200 years ago. Everything collapsed into the empty magma chamber below only two or three days after the eruption, forming what is now a lake. … Read more
VIDEO: Southbridge Police say this surveillance video from inside the high school shows a teacher dropping a bullet in a rear stairwell. He returns minutes later and calls it in, causing a school lockdown this morning. @WCVB pic.twitter.com/16zCPG4S78 — Jennifer Eagan (@Jennifer_Eagan) May 16, 2019 h/t KOS
You have to work hard to get your dream job. But your dream job title might just be a pay cut away. According to one hiring expert, more and more job applicants initiate conversations about lowering their starting salaries in favor of getting the job title they want, with no change to their job description … Read more
All people that are illegally coming into the United States now will be removed from our Country at a later date as we build up our removal forces and as the laws are changed. Please do not make yourselves too comfortable, you will be leaving soon! — Donald J. Trump (@realDonaldTrump) May 17, 2019
TradersChoice.net, Released on 5/16/19 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate … Read more
via silverdoctors https://media.blubrry.com/silverdoctors/s/content.blubrry.com/silverdoctors/Tariffs_Might_Cost_US_Citizens_An_Extra_500_A_Year_Audio.mp3 Podcast: Play in new window | Download Subscribe: Apple Podcasts | Android | Email | Stitcher | RSS President Donald Trump, having championed one of the larger tax cuts in recent years, has now enacted tariffs equivalent to one of the largest tax increases in decades. As a result the tariff increase might cost the median U.S. household with earnings of $61,000 about $500 … Read more
by Lynette Zang from ITM Trading Uber’s IPO created the greatest buzz prior to coming out on May 10, 2019, with a “justified” market value of $120+ billion as recently as December 2018. Uber’s market value at launch was $82.4 billion and (as of this writing) has fallen ever since. The big question is, are investors beginning to … Read more