Notre Dame and the Identity of France

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by Charles Hugh-Smith These are not matters solely of politics and finance; they are manifestations of the elite war on the identity of France. As rationalists, we’re supposed to take the dramatic and profoundly tragic fire at Notre Dame Cathedral in Paris as random chance or bad luck. But I cannot be the only one who … Read more

Who Bought the Huge $1.26 Trillion of New US Government Debt over the Past 12 Months?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter There was strong appetite. Only the Fed shed them. Here’s who bought. Over the 12 months through February 2019, the US gross national debt ballooned by $1.26 trillion to $22.1 trillion. Someone had to buy this new pile of debt – but who? That question is getting increasingly crucial as this … Read more

How Much Data is Generated Each Day?

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by visualcapitalist View the full-size version of the infographic   You’ve probably heard of kilobytes, megabytes, gigabytes, or even terabytes. These data units are common everyday amounts that the average person may run into. Units this size may be big enough to quantify the amount of data sent in an email attachment, or the data stored on a … Read more

Tech, Real Estate Investments and Proptech Unicorn Start-ups in the Asia Pacific

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The real estate sector is facing a series of challenges in Asian countries. Investors struggle with inefficient processes and outdated protocols in the real estate sector, even in mature Asian economies. However, recent developments and wider adoption of proptech (short for Property Technology) are due to save the sector and eliminate the challenges faced by … Read more

Sepsis Drug: Anatomy Of The Way Big Pharm Manipulates

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by SP One of the most striking discoveries for me was the ways in which the ideals of “science” can be used for power and profit. For example:  The Cochrane Collaboration will not include “scientific” studies funded by an industry that profits from the studies conclusions–such studies are designed to be overwhelmingly favorable. In a lecture on … Read more

Citigroup Q1 2019 Earnings Breakdown

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by EarningsCallsApp   Q1 2019: Net Income of $4.7 Billion ($1.87 per Share) Q1 2019: Revenues of $18.6 Billion Q1 2019: Returned $5.1 Billion of Capital to Common Shareholders Q1 2019: Repurchased 66 Million Common Shares Q1 2019: Book Value per Share of $77.09 Q1 2019: Tangible Book Value per Share of $65.55 Revenues decreased 2% … Read more

Pemex, World’s Most Indebted Oil Company, Gets Government Bailout as Suppliers Gripe About Unpaid Bills

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“Once. Only this year. Later on, that’s their problem”: Finance Minister. $3.4 billion in fuel was stolen in 2018, including by insiders. Crackdown now underway. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. After years of falling production, compounding losses, and plunging credit ratings, Pemex, the world’s most indebted oil company, is not in … Read more

Lior Gantz – Get Ready for QE4

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Financial Survival Network, Released on 4/15/19 The US has limited alternatives to deal with a possible recession. QE4 by any name will certainly be high on the Fed’s list of warding it off. Lior says, “It’s like a training that’s going to crash at some point.” You know it’s going to happen and you can … Read more

Where Is Inflation Hiding? In Asset Prices

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by Jesse Colombo A very dangerous fallacy has taken the world of economics by storm over the last several years: the idea that there is very little inflation in the U.S. economy, therefore interest rates should remain at unusually low levels for an even longer period of time. As I will prove in this piece, the … Read more

Taxes, Government Waste, and a Better Way

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By Rodney Johnson This is an expensive week for me. Our wedding anniversary is the 14th, Tax Day is the 15th, and my youngest child’s birthday falls on the 16th. Only two of those days make me happy. This year I’m getting a bit of a refund, but I’ll never see it. Because my income … Read more

Trump tells Boeing to ‘rebrand’ faulty planes

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President Donald Trump offered some advice to Boeing via Twitter regarding their now-infamous and grounded fleet of 737 Max 8 planes. He urged them to fix the planes, “add some additional great features, & REBRAND the plane with a new name.” Will it be enough? Investigative journalist Ben Swann joins News.Views.Hughes with the details https://www.youtube.com/watch?v=jDaDI59TCJk

Despite Record Bull Market, Pension Plans Are In Miserable Shape

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by Mike Shedlock The amount owed to retirees accelerated faster than assets on hand despite a record bull market. The Wall Street Journal reports the Long Bull Market Has Failed to Fix Public Pensions. “Some of the states allowed themselves to get so underfunded that the higher returns aren’t helping them enough,” said Michael Cembalest, chairman … Read more

$16.2 trillion tax hikes to fund millionaire-socialist Bernie Sanders’ Medicare For All plan

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by Dr. Eowyn Although he had never worked at a productive job in his life, Bernie Sanders, 77, the Demonrat senator of Vermont who fancies himself an “independent” but actually identifies as an outright socialist, is that curious oxymoronic creature — a millionaire socialist with three homes. One of the three homes is a lakefront … Read more