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
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
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
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
David Moadel interviewed on the X22 Report Spotlight David Moadel says it’s time to get back to the Constitution and to sound money. Tune in to the video in its entirety below to find out why:
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
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
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
https://www.youtube.com/watch?v=eWaYbutIfCI PRAY FOR THE SAFETY OF THE PRESIDENT AND THOSE WHO ARE TRYING TO PRESERVE OUR FREEDOMS AT YOU TUBE AND GOOGLE WM
by Simon Black We write a lot about global debt levels at Sovereign Man. In fact, the very first Notes from the Field I ever wrote, in June 2009, was about how broke the US was… and the severe consequences that eventually face a nation that recklessly spends money it doesn’t have. And debt has been a major theme … Read more
10-USC-1084. that’s the law passed that allows POTUS Trump to build a wall via Military without declaring emergency or any congressional oversight. The fact that I know this, means the Trump team does. h/t Johnny Balls
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
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
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
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
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
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
by Dr. Eowyn On January 22, 2019, 3-year-old Casey Hathaway vanished from outside his grandmother’s house in North Carolina. FBI and U.S. Marines professional search teams joined up with volunteers to search for the boy, who weighs only 25 lbs., in the forest near grandma’s house. Yahoo reports that after two days of heavy rain … Read more
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