US Still Cleanest Dirty Shirt Among Manufacturing Giants, Germany Drops to Debt Crisis Levels, Japan Contracts, China Counts on Government Bailout of Private Sector

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But the US shirt is getting dirtier. Germany’s manufacturing data “makes for uncomfortable reading.” Much of the glowing press coverage today was focused on the uptick in manufacturing data coming out of China, as reported by the Caixin Manufacturing PMI (Purchasing Managers Index) and the Official Manufacturing PMI, both of which … Read more

NYC to spend taxpayer funds protecting illegals

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via neonnettle: Quote:NYC officials announced this week they have added an extra $1.6m in funding to pay for the attorneys on top of the $10 million the city already allocates to cover legal costs for illegal aliens. On Thursday, New York City Mayor Bill de Blasio and New York City Council Speaker Corey Johnson, both Democrats, … Read more

Penn State fire 11,000 acres burned from forest fire now contained, but still burning

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https://www.youtube.com/watch?v=BLMPW-48ifU A wildfire that began in the Penn State Forest grew over the weekend to approximately 11,600 acres – or a little more than 18 square miles – but firefighters were well on their way to total control over the fire by Sunday and the fire was completely contained by 9 a.m. Monday. https://marygreeley.com/?p=83581   … Read more

London Property Slide Worsens With Biggest Drop Since 2009

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by GoldCore via Bloomberg – 3.8% fall y/y in Q1, the seventh straight decline in values – Nationwide – Nationally, U.K. real-estate market remains ‘subdued’ – Some of the weakness relates to Brexit as economic uncertainty impacts sentiment London continued to lead the U.K.’s weakening property market at the start of 2019, with prices falling the most … Read more

Peter Schiff: US Economy Not As Strong As President Trump, Wall Street & MSM Pretend

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Peter Schiff interviewed by Christopher Irons on Quoth The Raven Economist Peter Schiff joins me to talk about assertions that he’s “bad for TV”, Jerome Powell’s recent rate capitulation, the state of the gold market, why he thinks the gold standard will eventually come back, why the dollar will collapse, the sorry ass state of the financial media, the … Read more

Australia May Start Economic Armageddon

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by John Adams and Martin North from In The Interests Of The People John Adams (from Adams Economics), Martin North and Irish Financial Advisor Eddie Hobbs (who predicted the 2007-08 Irish Housing Crisis) have put forward a radical thesis that Australia may be the first country to suffer an economic crisis which may disrupt the global financial system potentially causing … Read more

David Morgan: The World Of Negative Debt Expands

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by David Morgan of The Morgan Report Watch our weekly perspective on the World of Negative Debt Expands. Then please share our video of the World of Negative Debt Expands to your friends and family on social media. Financial repression is alive and well after a decade of monetary stimulus. Investors shopping for investment-grade debt around the world … Read more

A Volcano That Could Completely Cover Mexico City With Volcanic Ash Just Erupted 200 Times In A 24 Hour Period

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by Michael Snyder The most dangerous volcano in Mexico just erupted 200 times in a 24 hour period, but there has been an almost total blackout about this in the U.S. media.  Authorities are saying that the odds of more volcanic activity at Mt. Popocatepetl are “immediate to high”, and if a full-blown Plinian eruption were … Read more

Dear Stock Market: You Can’t Have It Both Ways

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by Charles Hugh-Smith Eventually reality will intrude in this pleasant madness. OK, let me see if I have this right: the stock market is soaring because the economy is softening, so the Federal Reserve panicked and went from raising rates to considering cutting rates. It seems markets are now assuming a rate cut is already locked … Read more

The trillion dollar animal agriculture industry that spends hundreds of millions lobbying the US Farm Bill wants you to keep eating subsidized food that is shown to cause chronic diseases

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by wowwaowow I don’t understand how people think TPTB dont include the animal agriculture industry. The #1 predictor of disease is diet/lifestyle. dont be fooled into thinking the disproportionate rates of chronic disease in the US is anything but design. From the source linked below: “The USDA supports industries that produce foods contributing to obesity, … Read more

Reddit 2018 transparency report is live – emergency disclosure requests have gone up 470% since 2017. Data mining? Or ACTUAL counter-terrorism?

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by yougoodcunt 2018 transparency report was released today, 4 months after the years over like most services who choose to partake in transparency reports – https://www.redditinc.com/policies/transparency-report-2018. 50,000,000 posts were removed by mods, 170,000 by Reddit admins. which we have no number to compare to from last year but I’m guessing most of those were from r/politicsand r/worldnews.   … Read more

Why Is The Washington Post Inventing “Warming Ties” Between Trump and Moscow? Sometimes it is impossible to discern whether Washington Post writers are moronic or drunk.

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by axolotl_peyotl This “global warming” that’s allegedly occurring between Trump and Putin is your typical conspiratorial nonsense that we’ve come to expect from the propaganda factory known as The Washington Post. The negative consequences of the Russiagate delusion will reverberate for many years to come, as despite there being absolutely no reason for dramatically increased tensions between … Read more

Forget The Stock Market…A Cash Grab Is Coming

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by Graham Summers of Gains, Pains, & Capital Stocks are roaring higher today because China posted better than expected manufacturing data. The investment herd is interpreting this as meaning that the global slowdown that everyone was terrified about three weeks ago is already over. This interpretation overlooks: 1)   China’s economic data is pure fiction as admitted by Chinese … Read more