Gauging Contemporary Bubbles

Authored by Chris Hamilton via Econimica blog, Those curious to gauge just how big the current equity bubble has grown need some kind of “measuring stick”.  In the chart below I use the total disposable personal income of the US …

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Spy Court Finds Surveillance Operating Outside The Law

 by Paul Craig Roberts The NSA, CIA, and FBI are criminal organizations that should be abolished and their leaderships imprisoned. Here is proof from the United States Foreign Intelligence Surveillance Court that security agencies have been operating outside the law: https://www.dni.gov/files/documents/icotr/51117/2016_Cert_FISC_Memo_Opin_Order_Apr_2017.pdf On …

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Why the Next Downturn “Will Not Look Like 2008”

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Nine years of scorched-earth monetary policies come home to roost. There are always cycles. The current cycle started at the bottom of the Great Recession and will last “until central banks put on the brakes,” said …

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Panelist Shreds CNN's Talking Points: "Regime change has been an absolute nightmare everywhere…ISIS rose because we overthrew Saddam and then we armed ISIS. We have no legitimate reason for our defense to be there, and this is exactly what Obama and Trump promised not to do."

.@secupp: Isn't it time to do something in Syria in a full-throated way? https://t.co/wFF8hgefYH — SE Cupp Unfiltered (@UnfilteredSE) January 19, 2018 Smith’s epic diatribe met with no resistance. He said: “Regime change has been an absolute nightmare everywhere that …

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King Dollar Comeback?

by northmantrader Poor dollar. Keeps getting beaten to a pulp. And no one seems more excited than Treasury Secretary Mnuchin who declared a weak dollar to be “good for the US”. Of course central bankers have been using the currency destruction method for …

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