Euro zone, China, Amazon, US employment

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by WARREN MOSLER Lots of headlines pointing to corporate weakness: Amazon sales outlook falls short after record holiday quarter (Reuters) Fast and free shipping helped the world’s largest online retailer boost revenue by 20 percent. Net income jumped 63 percent to $3 billion for the fourth quarter. Its international operating loss shrunk to $642 million … Read more

MAULDIN: This Time Will Be Different

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BY JOHN MAULDIN For almost 40 years, we’ve lived in an era of low rates and easy money. It let governments and businesses worldwide run up piles of debt. Global debt could easily reach $500 trillion in a few years. And yet everyone acts like that is normal and can continue. Just like subprime mortgage debt … Read more

Why Public Service Loan Forgiveness Is Cruel

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BY JARED DILLIAN In 2007, the Bush administration signed off on the Public Service Loan Forgiveness (PSLF) program. The idea was to give financial relief to people who had spent a lot of money on higher education, but chose to work in less financially rewarding jobs. This included people at any level of government service, including 501(c)(3) … Read more

Fear-mongering Senate Chairman Warns ‘Prepare For WWIII With China’

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by Ron Paul of Ron Paul Liberty Report Senate Armed Services Committee Chairman James Inhofe has warned that due to China’s activities in the South China Sea, the US should be preparing for World War III with China. Are Chinese actions in the Spratley Islands more threatening than the global US military presence? Is war the only solution? … Read more

Apocalyptic Debt Crisis In America: 63 Of America’s Largest 75 Cities Are COMPLETELY BROKE

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by Mac Slavo of SHTFplan The debt crisis in the United States of America has reached apocalyptic proportions.  A new and horrifying report out details the reason why 63 of America’s largest cities are completely broke: debt and overspending. According to a recent analysis of the 75 most populous cities in the United States, 63 of them can’t pay … Read more

Senator Rand Paul: Suddenly, when we finally have a President trying to end wars and withdraw troops, the Senate miraculously rallies to act, to wrongly try to stop wars from ending.

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Image Summary: Doctor Jesse Kelly Verified account @JesseKellyDC This senate that can’t repeal Obamacare, defund Planned Parenthood, or pass a budget. But God help you if you want to bring our boys home. They’ll lock shields and fight like lions for the right to kill your son in Afghanistan. https://twitter.com/JesseKellyDC/status/1091107924309622785 Senator Rand Paul Verified account … Read more

I’m in Awe of How Fast the Housing Markets in Sydney & Melbourne Are Coming Unglued

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The largest three-months fall “since at least the 80’s”: CoreLogic “Can we still describe this as an orderly slowdown in housing conditions?” mused CoreLogic Asia Pacific’s head of research Tim Lawless about the Australian housing market today. Over the last three months, the index for Sydney dropped 4.5%, and the index for Melbourne … Read more

Bull Trap

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by northmantrader The bulls are back. $SPX up nearly 8% in January and nearly 14% off of the December lows. What slowing global growth? What reduced earnings expectations? Trade wars? Who cares. It’ll all sort itself out, all that matters was the Fed caving in spectacular fashion laying the foundation for the big bull case. The central bank 2 … Read more

Did the ECB really end up printing?

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by independenttrader The European Central Bank announced recently the end of the currency printing, the so called Quantitative Easing. In addition, according to their announcements the balance sheet of the ECB should start to shrink from 2020. However, we have strong reasons to believe that it is not gonna happen and the central bank will change … Read more

Bi-Partisan Bill To End The Trade War Accuses Trump Of Levying Tariffs ‘Under False Pretenses’

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from Zero Hedge The fact that the bottom hasn’t fallen out of the US economy (as many free traders warned that it would) has largely vindicated President Trump’s decision to push ahead with his trade war over objections from Republicans, Democrats and business groups from Silicon Valley to Detroit, to the farm belt (and beyond). But … Read more

FLASHBACK: Is America headed toward a civil war? Sanders, Nielsen incidents show it has already begun.

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The other day, author Tom Ricks asked whether we’re heading toward a civil war. “I don’t believe we’re to Kansas of the 1850s yet. But we seem to be lurching … in that direction,” he wrote. Ricks was commenting on “What Democratic rage would look like,” a Bloomberg opinion column that quotes political scientist Thomas Schaller as saying, “I think we’re at the beginning … Read more

“RECESSION IS COMING AND FAST” – Worst German data since 2007 as Retail Sales plunge, Italy enters in a technical recession

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Better get ready and fast Macro-Trend Follower. ‏ @macrotrendf Germany retail sales TANKING worst reading since 2007 when the recession hit. @PaulSommerville Germany retail sales fell 4.3% in December. The worst in eleven years. Italy Officially Slides Into Recession. The Fed utterly capitulates on policy. Trading With Hedge ‏@tradewithedge WOW! Retail sales from Germany came … Read more

Trump Drops HARD FACTS On Illegals Democrats Pretend Don’t Exist Says

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Jack Davis for the Western Journal reports, President Donald Trump on Sunday said the number of illegal immigrants in America dwarfs any previously published official estimates. https://www.youtube.com/watch?v=RB4Z52wRXQs Read More/Source/Credit/FairUse: https://www.westernjournal.com/trump-says-number-illegals-doubled-since-2015-cites-astronomical-costs/   Troops Headed to Border; Pentagon Tracking 12K Illegal Aliens Heading This Way The approaching horde of illegal aliens who think they’ll cross the U.S.-Mexican … Read more

Virginia Del. Kathy Tran Submitted Bill To Save Caterpillars On Same Day As Late-Stage Abortion Bill

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Via The Daily Caller The Democratic Virginia delegate who has recently come under fire for sponsoring a bill in the Virginia House of Delegates that would allow the termination of a pregnancy up to 40 weeks old, is also the chief patron of a bill that would protect the lives of “fall cankerworms” during certain … Read more