Nancy Pelosi Essentially Guaranteed Another Painful Government Shutdown When She Said This…

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by Michael Snyder Federal workers need to be prepared for more pain.  If President Trump and Congress cannot make a deal, there will probably be another very painful government shutdown in just a couple of weeks.  Even though he agreed to temporarily reopen the government, President Trump made it abundantly clear that there would be … Read more

Who Bought the Gigantic $1.5 Trillion of New US Government Debt Issued over the Past 12 Months?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter China, Japan, other foreign entities dumped US Treasuries. But someone had to buy. Here’s who. Under the impact of a stupendous spending binge peppered with juicy tax cuts, the Treasury Department has had to issue a flood of Treasury securities to fund the cash outflow. So, over the past 12 months, … Read more

Jordan Peterson on why the European Union is doomed … David Stockman: The crashing economy will bring down Trump … Peter Schiff: This is the beginning of the end …

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by John Rubino Jordan Peterson on why the European Union is doomed … David Stockman: The crashing economy will bring down Trump … Peter Schiff: This is the beginning of the end … Max Keiser on “well-meaning totalitarians” … Ron Paul: Billionaires thrive in the Fed’s immoral “counterfeit” system     

The Alt-Media Has Way More Fun than the Mainstream Media

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by Charles Hugh-Smith The corporate-state media lives in terror that the truth will somehow leak out of the corporate-Imperial fortress, imperiling their jobs and perks. It’s not exactly news that the Alternative Media is under assault: skeptical inquiry and dissenting narratives are smeared as “fake news,” and new suspiciously corporate entities (NewsGuard et al.) claim to … Read more

JEROME POWELL GETS THE MESSAGE

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by Jim Quinn After yesterday’s Federal Reserve Meeting, Jerome Powell completed his one month transformation from an independent hawkish Chairman trying to do what is right for the country to a weak kneed Wall Street lackey doing their bidding, just as Yellen, Bernanke and Greenspan had done before. It appears he was summoned to a … Read more

Stocks Have Been This Overbought Before…Once

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Via Dana Lyons’ Tumblr, U.S. stocks recently registered the 2nd most overbought condition In their 150-year history. Temperatures wrought by the polar vortex here in Chicago have truly reached ludicrous levels. Today’s low is projected to be minus 26 degrees Fahrenheit — without the wind chill. That got me thinking — is that the coldest … Read more

A reminder that the US Shadow Government legalized itself on 9/11 via “Continuity of Government”.

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by TIMOTHY_TRISMEGISTUS The definition of ‘Continuity of Government’ is a set of contingency plans to ensure that essential government functions remain in place after a disaster such as nuclear war. In the United States, Continuity of Government plans have been on the books since at least the Eisenhower administration. The plans involved building intricate hidden … Read more

Debt Can’t Save China Anymore

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BY JOHN MAULDIN The 2008 financial crisis hit China hard, as it did everyone else. Not every country responded like China did, though. Most couldn’t do what China did because they lacked either financial resources or political ability. China had both. And so it launched a stimulus program of mind-boggling proportions. China’s Stimulus Is Built on Shadow … Read more

These Maps Reveal the Secret World of Modern Slavery

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by howmuch Tens of millions of people are in slavery around the world, and lots of them live in your country. That’s according to the 2018 Global Slavery Index, a detailed analysis of modern human trafficking and slavery around the world from the Walk Free Foundation. The best way to start to understand the global landscape of … Read more

Is This All About 2020?

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GOOGLE takes aim at ‘fake’ websites with new browser warning… Because most people don’t notice when they’re at the wrong website. It’s hard to be sure where you are on the internet these days. Carefully checking the URL is one approach to avoiding danger. Trouble is, many fraudulent websites use tricks to make their URLs … Read more

Does Art Cashin Think Fed Policy Is Driven by the Market? “It’s Pretty Obvious”

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Patient is going to mean very, very patient: UBS’ Art Cashin from CNBC. via CNBC: “It’s pretty obvious” the Federal Reserve is reacting “to the market’s reaction,” UBS’ Art Cashin says. “There’s no question” there was a “Powell put” in the Fed’s interest rate outlook, he says. The Dow Jones Industrial Average’s close above 25,000 … Read more

A Merger Nobody Seems to Want — Deutsche Bank May Be Down to Its Last 60 Days

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via Bloomberg: Deutsche Bank AG executives are worried that they’re down to the last 60 days to turn around their struggling franchise. On the eve of fourth-quarter results that are likely to reflect its troubles, the bank’s ability to avoid a government-brokered merger with Commerzbank AG could rest on its performance in the first quarter … Read more

Would you Buy or Sell this stock?

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Would you Buy or Sell this stock? pic.twitter.com/wdkFzavNbG — Lawrence McDonald (@Convertbond) January 31, 2019 https://twitter.com/hks55/status/1090833079176855552 https://twitter.com/hks55/status/1090843110077276160 Meet you downstairs next week? Spoos v rates pic.twitter.com/ltEIyt84On — Teddy Vallee (@TeddyVallee) January 31, 2019 https://twitter.com/hks55/status/1090770490623447041 Credit Card Data Indicates Major Decline in Retail Sales – this is the largest decline since 2016, another indicator consumer spending … Read more