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by Geoffrey Grider A new front has opened in the battle between the U.S. and China over control of global networks that deliver the internet. This one is beneath the ocean. The Internet, made available for mass public consumption in 1994, has grown into a global, One World Systemthrough which the majority of all buying and … Read more
via kunstler: Just as presidents are expected to act presidentially, Federal Reserve chairpersons are expected to act oracularly — as semi-supernatural beings who emerge now and again from some cave of mathematical secrets to offer reassuringly cryptic utterances on mysteries of the economy. And so was Jerome Powell wheeled out on CBS’s 60 Minutes Sunday night, like a … Read more
by Richard Rosso With the current economic expansion already extremely long, even by historical standards, there is a rising risk that record low unemployment most likely won’t stay that way forever. Could your job be at risk when the next recession comes? Severance packages are popular when companies seek to reduce workforce, especially older workers. … Read more
by Mark Nestmann On February 20, the Supreme Court unanimously ruled that the Eighth Amendment prohibition against “excessive fines and fees” applies to the states in civil forfeiture cases and other civil, non-criminal proceedings. The case involved a man named Tyson Timbs, who was arrested in Indiana in 2015 for selling narcotics to undercover police officers. … Read more
by John W. Whitehead “Pity the nation whose people are sheep And whose shepherds mislead them Pity the nation whose leaders are liars Whose sages are silenced And whose bigots haunt the airwaves Pity the nation that raises not its voice Except to praise conquerors And acclaim the bully as hero And aims to rule the … Read more
by John Ward MPs finally put the May Withdrawal Agreement into a lead lined-coffin yesterday. Today they will reject the best way to leave the EU because of largely mythical fear created by MSM and internet IABATO. The best way forward after that will be a General Election. Just watch our legislators avoid that option for … Read more
Middle and working class people continue their exodus from California. But because business-owners cannot so easily escape California’s high taxes, the wealthy entrepreneurial class has more-often opted to stay. Legislators are trying to address California’s problem with tax reform, but will it be enough? RT America’s Natasha Sweatte has the details for the News with … Read more
Lisa Page released testimony reveals. There are still 52 testimony docs to be released Watch the latest video at foxnews.com Former FBI lawyer Lisa Page admitted under questioning from Texas Republican Rep. John Ratcliffe last summer that “the FBI was ordered by the Obama DOJ not to consider charging Hillary Clinton for gross negligence in the handling of classified … Read more
Of the seven congressmen listed below, three were chosen thru the audition process and they are, as far as I can tell, puppets of The Justice Democrats, Saikat Chakrabarti and Cenk Uygur.” Alexandria Ocasio-Cortez was a bartender and was selected not because she had political aspirations, but because she would take orders and follow the … Read more
Money manager Peter Schiff says, “I think when they start to try to reflate the assets in stocks, real estate and in bonds, they are just going to prick the dollar bubble, and that’s when we have a real crisis. . . . The dollar is going to collapse, and America’s days of living beyond … Read more
by Grif Laura Widener, writing for American Military News, outlined a chilling prediction from the RAND research organization that the United States would not survive in an all out war with Russia and China. Widener writes: The U.S. repeatedly “gets its ass handed to it” in World War III simulations, according to the global research … Read more
via visualcapitalist: Nothing has transformed our economy quite like containerized shipping. From Rotterdam to Singapore, we see tangible evidence of the world’s bustling maritime shipping network as cranes load and unload uniform containers in a flurry of activity. The efficiency of this system has massively impacted the global economy, but this uniformity has also had the … Read more
by Troy The stock market has gone nowhere over the past 2 weeks. This is normal because most of the time, the stock indices simply aren’t as volatile as other markets like commodities. The big news today is that “bond king” Jeff Gundlach says that the stock market is still in a bear market, and … Read more
The Cashless Society. It’s creeping up at an increasing pace. The reason I love cash is that the transaction takes place between two people. That’s it. Nobody else knows about it. It’s freedom in a sense. When it’s digital, maybe it’s more convenient, but it’s not secure at all. You have multiple parties who are … Read more
US aviation agency gives nod to the 737 MAX as Boeing struggles to contain Ethiopia crash fallout The US Federal Aviation Administration has reaffirmed the airworthiness of the Boeing 737 MAX in the wake of the Ethiopian Airlines crash that killed 157 people. It comes after several countries and airlines grounded the aircraft. There have … Read more
by John Coumarianos My title comes from Jeremy Grantham’s recent CNBC interview. This remark occurs in a discussion about likely returns from the U.S. stock market. Everyone at Grantham’s firm, Grantham, Mayo, van Otterloo (GMO), agrees that over the next two decades stocks will deliver around 2% after-inflation or “real” returns, says Grantham himself. Traditionally, the … Read more
Why did the power grid in Venezuela collapse? What caused the collapse of the electric grid in Venezuela? https://www.youtube.com/watch?v=xDcJKeKGtnE