100s Of Millions Of Dollars In Crops Destroyed By Flooding, And Farmers Are Being Told “There’s Nothing The U.S. Government Can Do To Help”

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by Michael Snyder This is the worst economic disaster for U.S. farmers in modern American history.  Our ongoing trade war with China had greatly depressed prices for wheat, corn and soybeans, and so farmers were storing more crops on their farms than ever before in early 2019.  And then the floods came.  The water moved … Read more

A Drug Resistant “Super Fungus” Kills Nearly Half The People It Infects – And It Is Spreading Across America

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by Michael Snyder The medical community knew that a day of reckoning was coming.  For years, they were repeatedly warned that the rampant overuse of certain types of medications would result in the development of “super diseases” that we would not be able to stop, and now that day has arrived.  Just like many types of … Read more

Enjoy The Stock Market Rally While It Lasts, But Don’t Be Fooled About What Comes Next

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by Graham Summers of Gains, Pains, & Capital Central Banks have created the single most dangerous environment possible… That is the environment in which the economy is weakening, but investors are pouring into risk assets based on hopes that Central Banks will engage in more stimulus. This is precisely what happened in the late ‘90s as well as … Read more

Did Life Insurance Companies Survive the Great Depression?

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by Martin Armstrong QUESTION: Did insurance companies just declare bankruptcy during the 1930s to escape liabilities? PD ANSWER: Personally, I have NEVER had an insurance policy that EVER paid what they promised. To me, it is one giant scam. You lie to an insurance company and it is a crime. They lie to you, and they walk on water. They have greased … Read more

Bizarre ‘Mukbang’ YouTube trend sees women scoff 20,000-calorie McDonalds meals earning $$$$

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A FREAKY trend that has taken YouTube by storm involves guzzling huge volumes of food in front of total strangers. Known as mukbang videos, the viral clips show young women and men scoffing enormous meals in front of hoards of people online… The phrase comes from combining the Korean words for eating (muok-da) and broadcast (bang … Read more

SocGen: Beware the Squeeze VIX

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SocGen: Beware the Squeeze $VIX pic.twitter.com/bomZXVfOUq — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) April 7, 2019 https://twitter.com/TommyThornton/status/1114249577945817090 #HedgeFunds net short 141.5k contracts in $VIX futures. This is higher than 140.4k early Oct last year, when cash began to rally and $SPX fell apart. pic.twitter.com/Icha0zEWbp — hedgopia (@hedgopia) April 5, 2019 $SVXY $SPX $VIX Divergence at the … Read more

Far from #oil fields..but something watch — Eastern #Libyan forces conduct air strikes on #Tripoli as U.N. fails to reach truce

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https://twitter.com/chigrl/status/1114958746269179905 TRIPOLI/BENGHAZI, Libya (Reuters) – Eastern Libyan forces carried out air strikes on the southern part of Tripoli on Sunday and made progress toward the city center, residents said, escalating an operation to take the capital as the United Nations failed to achieve a truce. https://www.reuters.com/article/us-libya-security-strike-idUSKCN1RJ0CU    

NOT HEALTHY: 13% of developed-country public companies are ‘zombies’ that don’t make enough to cover interest payments on their debts.

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New York (CNN Business)1. Easy money: The past decade of ultra-low interest rates has spawned the rise of “zombie” companies. These debt-laden firms don’t make enough to even cover their interest payments. That’s never a good sign. The number of zombie companies in advanced economies last year stood at 536, or 13% of the total, … Read more

American Airlines extends flight cancellations through June 5 as Boeing 737 Max remains grounded

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American previously announced it would cancel approximately 90 flights a day through April 24. Boeing is working to fix software shortcomings on the planes after two fatal crashes and international probe. Customers affected by the cancellations will be contacted by American representatives with available re-bookings. American Airlines will extend flight cancellations through June 5, more than … Read more

TREASON: The True Legacy Of John McCain

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John McCain made several propaganda tapes for the Vietnamese, betrayed the families of POWs as a Senator, covertly supported ISIS terrorists in Syria, and seditiously undermined President Trump with his “repeal and replace” vote while shopping the fake Russian Dossier to the FBI and various news outlets. https://www.youtube.com/watch?v=Q5jpIiDc8dQ