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The Next “Big Short” Trade Is Back: Malls Are On The Cusp Implosion … Again Over the last 48 hours, several big names in the American mall industry announced they would be slashing store counts to the tune of over 300 stores. Gap said during its earnings call that it is going to shutter 230 … Read more
by DCG One million dollars in payment for sexual misconduct and Kamala knew nothing about it? Um, okay. Doesn’t speak much of her great concern for victims of sexual harassment. From NY Post: The California Department of Justice paid more than $1 million to employees who alleged they faced sexual harassment or workplace retaliation while presidential candidate … Read more
”Social Media” possibly one of mankind’s greatest problems. SUCH SADNESS AND ISOLATION IT SEEMS TO BRING US. JM
by WARREN MOSLER Well done Professor Kelton! Stephanie Kelton explains Modern Monetary Theory This is particularly ridiculous: U.S. offers up to 6 million barrels of oil from emergency reserve (Reuters) The U.S. Energy Department said on Thursday it is offering up to six million barrels of sweet crude oil from the national emergency reserve in … Read more
A large storm system is finally making its way to New York City, and forecasters are telling folks here to expect 6-9″of snow in northern New Jersey and NYC. If accurate, that will be the largest snow storm to hit the NYC area this season. Weather radar shows the storm on final approach: Significant snow … Read more
3.8 Million Drop Off Food Stamps Under President Trump More than 3.8 million people dropped off food stamps since President Donald Trump’s first full month in office, according to the most recent data from the U.S. Department of Agriculture (USDA). The latest USDA data revealed that food stamp participation dropped to 38,577,141 in November 2018, down by … Read more
Once the UK breaks away from the UK, the US is ready to make a bilaterial trade with the UK, this will benefit the UK and the US. Other countries are ready and willing. There are two economies that running simulataneously at the same time, the [CB] which is imploding and the Patriot economy which … Read more
37% of the people do not believe Cohen during his testimony. Russia says ready to have peace talks with US and Venezuela. Q drops more bread, the clock is ticking down, gives the world a refresher course on what to expect. The end is near and the declass is coming very soon. https://www.youtube.com/watch?v=7bLAA_mkmlE
https://www.youtube.com/watch?v=rxdCeyu1sf0 Always great to hear Harley Schlanger. The collapse is no doubt inevitable, but never amazes me how long the can can be kicked down the road. I was 5 or 6 years old when they stopped making quarters of silver. My dad was so sure that this “fraud” where coins were not longer real … Read more
Jimmy Dore lays out how insane are the covert (and at times not so covert) manipulators that have been controlling the United States for quite a long time now. AC
In February, the Indonesian government introduced legislation legalising the trading of bitcoin as a commodity and providing a legal framework for traders to operate in. This article will discuss what the new legislation means and provide an overview of where else the use of bitcoin is legal. Indonesia With regulation No.5/2019 the Indonesian Trade Ministry … Read more
by Michael Snyder 2019 sure has been a weird year so far. On Wall Street, everything has been coming up roses for investors up to this point. Stock prices have risen more than 10 percent year-to-date, and the horrible crashes of late last year are quickly fading from memory. Meanwhile, the real economy is literally falling … Read more
by Michael Snyder Denver International Airport has just installed a brand new animatronic talking gargoyle statue that is making fun of the “conspiracy theories” about the airport. As you can see in this video, the animatronic statue is incredibly lifelike, and it must have cost a fortune to create. The airport claims that the goal is to … Read more
by Charles Hugh-Smith Rounding up the usual suspects won’t restore a vibrant middle class. What killed the middle class? The answer may well echo an Agatha Christie mystery: rather than there being one guilty party, it may be that each of the suspects participated in the demise of the middle class. If you doubt the middle … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Anytime an economic slowdown and a housing downturn appear in the scenery, there are questions about the next global financial crisis. That’s a bitter aftertaste from the last global financial crisis. But China is somewhat special (12 minutes).
MACRON HAS TO GO! Here’s why more and more pundits are admitting that the YELLOW VEST UPRISING is changing France and the whole of Europe! https://www.youtube.com/watch?v=aKGE31K19bE
“There is all kinds of evidence to show that the Clinton campaign worked with Russians to impact the elections, via that whole thing I just described where they fired the law firm who hired Fusion, who hired Christopher Steele, who communicated with Russians, and put together the fake dossier,” he added. https://www.washingtonexaminer.com/news/jim-jordan-no-evidence-of-trump-colluding-with-russia-but-all-kinds-showing-clinton-campaign-did
via bostonherald: Have you ever noticed how differently Republicans are treated in the media than Democrats? Every newsroom in the country used to have what was called the “AP Stylebook” to use in writing news stories. Now you need two AP stylebooks, one for Democrats, about whom seldom is heard a discouraging word, and a second … Read more
by Jesse If you have been a long term reader here you know that I have something called a ‘Crash Signature.’ One of the key components of this is a significant decline from a new all time high, that rallies substantially so that the fear subsides and most believe there is a return to ‘normal’ bubble … Read more