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Who will bail out the governments when they begin to fail? Global debt has expanded beyond belief as central banks expand their balance sheets to make up for lack of investment. This is a system built around debt. But more specifically, debt that must continue to exponentially grow. A completely unsustainable fiscal and monetary calamity … Read more
BREAKING: Major airlines experiencing technical issues, delays at airports in Chicago, NYC, Boston, Atlanta, Miami and Detroit. — The Associated Press (@AP) April 1, 2019 Multiple airlines, including Southwest, Delta and American, tweeted early Monday that flights nationwide are experiencing delays due to technical difficulties. Here are the latest updates: https://www.actionnewsjax.com/news/breaking-news/southwest-airlines-flights-experiencing-delays-nationwide-amid-technical-issues/935927947 A technical issue grounded … Read more
NEW YORK (CBSNewYork) — It has worked in cities like London and Singapore and state lawmakers are hoping congestion pricing will decrease traffic in New York City, too. CBS2’s Hazel Sanchez found out what Sunday’s historic news means for drivers. Big Apple subway and buses will soon be getting some much-needed improvements at the expense of … Read more
Authored by Lance Roberts via RealInvestmentAdvice.com, Last week, Barron’s ran an article entitled “The Stock Market Is Just As Confused About A Potential Recession As You Are?” To wit: “Investors have long used where we are in the economic cycle to decide which stocks to buy and sell. New research from Nomura’s Joseph Mezrich flips that on its head … Read more
by Michael Snyder Just like we witnessed during the last recession, major retailers are laying off tens of thousands of workers, and it looks like this will be the worst year for store closings in all of U.S. history. Many are referring to this as “the retail apocalypse”, and without a doubt this is one of the … Read more
by Charles Hugh-Smith Those who own stocks and housing now will continue getting richer, those who don’t will be priced out of these markets. A classified Federal Reserve memo sheds new light on the Fed’s confidence in its control of the economy and the stock and housing markets. In effect, the Fed is guaranteeing that there … Read more
by Michael Snyder Has the #MeToo movement destroyed Joe Biden’s chances of ever getting to the White House? In virtually all of the early polls for the race for the Democratic nomination, Biden had been leading. And most polls have showed him with a sizable lead over Donald Trump in a hypothetical head to head contest. … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Home prices that rise faster than wages – as they have done for years now – are not a free lunch for the economy. And now there is no good way out (9 minutes).
via Zerohedge: According to the Netherlands Bureau for Economic Policy Analysis (CPB), world trade plunged to its weakest levels not seen since the financial crisis. The report published last week shows world trade expanded by 2.3% in January after the index tumbled in 4Q18. The recent rebound was broad-based with the strongest seen in emerging markets Asia … Read more
BY JOHN RUBINO Jim Rickards: In the next financial panic, “gold will be going up $100 a day, $1,000 a week” … Noam Chomsky on the Russiagate “farce” … Glenn Greenwald is vindicated by Mueller Report … Rick Rule: In precious metals things take place in three or four year cycles; don’t worry about a … Read more
by TFittonJW Still waiting: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-calls-upon-office-congressional-ethics-investigate-whether-rep-schiff-rep-speier-disclosed-classified-information/ (Washington, DC) – Judicial Watch today sent a hand-delivered letter to the chairman and co-chairman of the House Office of Congressional Ethics calling for an investigation into whether Rep. Adam Schiff (D-CA) and Jackie Speier (D-CA) “disclosed classified information to the public in violation of House ethics rules.” Citing the ethics complaints filed against House … Read more
by Mac Slavo of SHTFplan A new alarming parallel between today’s eviction crisis and the sub-prime mortgage crisis which helped spur the Great Recession has surfaced. The economy is sending warning signs to those who choose to take heed. The eviction crisis is worsening to the point that Georgia State University authors feel that protections should be put in … Read more
via @TaviCosta: -% of yield curve inversions surging globally; -15 economies now have 30-yr yields lower than LIBOR overnight rates; -US vs. German 5-year yield spread just broke down from a multi-year support line; -UST vs Bunds 10-year yield spread poised to narrow; https://youtu.be/8N4tir0xIrs US vs. German 5-year yield spread just broke down from a multi-year … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the inevitable fall of many Australian housing markets as predicted by WAM for years. It had to happen eventually and now we are seeing the effects of a completely centralized, manipulated market, propped up for far too long. Prices are falling everywhere. After years … Read more
by Grif Thursday, March 28, was a great news day. That was the day that all 26 Planned Parenthood clinics received notice from the Ohio Department of Health that their state funding will end April 20. Brie Zeltner, writing for the Cleveland, Ohio, Plain Dealer, said the notice comes “following a federal appeals court ruling this … Read more
Only government wastes $2 million on a tiny bathroom in a park. I investigate: pic.twitter.com/dSPwl10bgp — John Stossel (@JohnStossel) March 31, 2019
Authored by Daniel Lacalle, Liquidity injections and zero interest rate policies disguise risk and may give a false sense of security… This risk could not be more evident today. Not only have we seen large downgrades to consensus growth estimates and central banks’ expectations of GDP and inflation, leading indicators also point to a much weaker … Read more
Judicial Watch President Tom Fitton appeared on “Deep Dive” on Fox Nation to discuss the Mueller special counsel report.
by DropGatt Former New York City Mayor and Trump attorney Rudy Giuliani joined Judge Jeanine Pirro on Saturday night as her first guest after her time off for questioning Rep. Ilhan Omar’s patriotism. Rudy told the judge that Andrew McCabe and Bruce Ohr should be in jail.