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by Raúl Ilargi Meijer Salvador Dali Hallucination. Six Images of Lenin on a Grand Piano 1931 47 years ago in American Pie, Don McLean talked about The Day The Music Died. Or of course the music didn’t really die, but at the same time it did. “The three mean I admired most, the father, son and the holy … Read more
by WARREN MOSLER Truckers Cut Payrolls As Freight Demand Softens Funding pensions reduces aggregate demand: The Long Bull Market Has Failed to Fix Public Pensions Long term loans to banks do nothing for the macro economy and negative interest rates are a tax: Mario Draghi signaled that the European Central Bank expects to rely on … Read more
by Simon Black You’ve heard me mention Puerto Rico’s amazing tax incentives about a million times by now. Here I am, living in a beautiful place that’s part of the United States… yet I pay ZERO US federal income tax, only a 4% corporate tax for my businesses and ZERO capital gains and dividends tax. And this is all perfectly … Read more
TradersChoice.net, Released on 4/11/19 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
from Zero Hedge Almost five years ago, in May 2014, when he was setting the scene for the biggest asset bubble trap in history – trap because his own policies made it impossible to undo the Fed’s monetary policies without bringing the entire financial system crashing down – Bernanke uttered what was very unwitting gallows humor, when … Read more
by John Ward Nobody should be too surprised at the peculiar atmosphere of acceptance that permeated the House of Commons this afternoon. A corporacratic wannabe superstate run by incompetent control freaks has just put the UK on probation, with the job of passing May’s deal or revoking Article 50 by October 31st at the latest. The … Read more
by The Janssen Report Today on The Janssen Report: a dark day for truth. Julian Assange was arrested. He was dragged out of the Ecuadorian embassy in London this afternoon. Shame one all involved in the arrest of Julian Assange today. This is a man who published truthful information and now serves as an example for … Read more
Italy’s fiscal health is once again in serious decline. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. On Wednesday, Italy’s coalition government slashed its growth forecast for the Italian economy in 2019 to 0.2% – the weakest forecast in the Eurozone – from a previous forecast of 1%. Italy is already in a technical recession after … Read more
by Michael Snyder Earth’s magnetic field is getting significantly weaker, the magnetic north pole is shifting at an accelerating pace, and scientists readily admit that a sudden pole shift could potentially cause “trillions of dollars” in damage. Today, most of us take the protection provided by Earth’s magnetic field completely for granted. It is essentially … Read more
by Michael Snyder Have you ever wondered why most church services in America seem to be filled with lots of fluff and very little substance? As America’s moral foundations literally collapse right in front of our eyes, a large percentage of our pastors are afraid to speak out about controversial topics because they might offend someone. … Read more
by Charles Hugh-Smith The entire global status quo is on the cusp of the S-Curve decline phase. There is really only one unforgivable sin in the political realm, and that’s destroying the official narrative by revealing the facts of the matter. This is why whistleblowers who make public the secret machinery of the elaborately artful lies … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But it had big tax benefits and one-time gains. And Uber Eats is hot, so to speak. Uber Technologies’ IPO filing was made public today. The 330-page or so S-1 filing disclosed all kinds of goodies, including detailed but still unaudited pro-forma financial statements as of December 31, 2018, huge losses from operations, … Read more
Avanetti has been indicted. Assange has been arrested and is going to be sent back to the US to stand trial on a charge from 2010 not 2016. This was part of the plan, optics are important. Assange was carrying a book by Gore Vidal. Panic in DC, after Barr said that Trump was spied … Read more
via MarketWatch Trade tensions, weather and slowing growth are pulling down earnings expectations Investors should start bracing themselves for an earnings recession, with first-quarter numbers for the S&P 500 expected to suffer the first decline in nearly three years, as macroeconomic headwinds continue to pull down analyst estimates. Although some say low investor expectations and … Read more
Authored by Tom Donner via Liberty Nation, Now that Attorney General William Barr has promised to release the Mueller report in all its glory within the next few days, we thought it considerate to save you time you’ll never get back watching the establishment media’s reaction by informing you in advance of just how the … Read more
WoW 😮China basically threw about 9% of GDP of total social financing at the economy in Q1 2019 😮 TSF rose 1690 in March after a massive Jan+Feb = ~9% of GDP injection in Q21 2019;M2 rose to 8.6% YoY from 8%; New credit was massive too. Now u know why Chinese equities rose 😮 … Read more
The EU has made a deal with the UK Government, they will delay the BREXIT until Oct 31. Exactly what we thought they were going to do. Trump tweets out that the EU needs to let the UK breath. Initial jobless claims lowest in 50 years, less people dependent on government. Maxine Waters goes after … Read more
Dems are in serious trouble now! YouTube Hides Video of Candace Owens’ Testimony in ‘Restricted Mode’ PragerU announced on Wednesday that YouTube has placed another of its videos in “restricted mode,” meaning that not everyone who visits the video-sharing website will be able to watch it. The restricted video is of Candace Owens’ powerful … Read more
via MarketWatch: In the U.S. stock market, it’s all going to end badly. Even some ardent bulls will freely admit to it. The question is how, when and where. Frankly, a tragedy is unfolding, and discerning eyes can see it. Since the December lows, the stock market has taken the scripted route higher, salivating at … Read more
The reason why Uber is cashing out in one chart pic.twitter.com/pzQVnu1zkv — zerohedge (@zerohedge) April 11, 2019 PROFITS, BUT NOT FOR UBER pic.twitter.com/rulVumMZCQ — Ivan the K™ (@IvanTheK) April 11, 2019