Housing Bubble Trouble in Silicon Valley & San Francisco

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But this time it’s not a result of a tech bust. That hasn’t happened yet. Housing inventory listed for sale in the two counties that make up Silicon Valley – San Mateo County and Santa Clara County – and in the county of San Francisco, surged by 113% in December compared … Read more

PG&E shares plunge on bankruptcy worries

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https://www.youtube.com/watch?v=d4X3U3dXn5M Jan. 7, 2019– Mary Greeley News – (Reuters) – Chalk it up to years of corporate disconnection from reality, but Pacific Gas & Electric (PG&E) is reportedly now facing bankruptcy after being suspected a culprit of the last devastating Californian wildfires. https://marygreeley.com/?p=79896      

“Obama wanted to inflict maximum pain (well, maximum inconvenience, mostly) on his fellow Americans for political advantage. Trump wants to inflict maximum pressure on his well-heeled political opponents.”

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WELL, GOOD: Tax Refunds Will Be Paid During Shutdown, White House Says. “New policy meant to ‘mitigate the impact’ of shutdown, Vice President Mike Pence says.” The decision, announced Monday by the White House Office of Management and Budget, would remove one of the biggest potential pains for Americans from the shutdown and allow hundreds of billions … Read more

Jay Taylor: Gold Is The Go-To Safe Haven Of 2019

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by John Rubino 2019 is looking like one of those either/or years, where growing financial instability leads to either a 2008-style financial crash or another round of asset inflation. In Jay Taylor’s latest newsletter, he concludes that both scenarios are good for gold: Which Safe Haven Markets Will Dominate in 2019? If we are, as I … Read more

DONALD TRUMP CONTINUES TO LEAD THE LIBERTARIAN REVOLUTION

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Private Companies Are Paying to Keep Yellowstone Clean During Shutdown: They have a profit-based incentive to keep the tourists coming. Nearly three weeks into the government shutdown, some of America’s national parks are starting to get a bit rank. Access is free, since there are no employees to collect the typical $35-per-vehicle entrance fees, but … Read more

The U.S. Auto Boom Is Coming To An End

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by Jesse Colombo Bloomberg just published a piece explaining why the post-Great Recession U.S. auto sales boom is coming to an end: Carmakers have enjoyed an extended run of near-record U.S. sales and fat profits. But this year, it looks as if the party really will start to end. Interest rates are on the rise. The average price of a … Read more

The world’s investment banks earned $103bn in 2018!

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See the analysis from Reuters here: Global investment banking-related activities generated an estimated US$102.6 billion in fees during full year 2018, a 4% decline compared to full year 2017. The Americas led all other regions by fees, contributing half of the global pool with US$51.2 billion. Imputed fees in the EMEA region reached US$25.9 billion, posting … Read more

NBC, CBS and ABC are reportedly not sure whether they will be airing Trump’s Oval Office address to the Nation tomorrow night.

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According to the article, “MSNBC, NBC and ABC have not confirmed plans to air President Trump’s Oval Office address to the nation regarding the government shutdown.” This is a very big deal IMO if they go through with this… the people who believe Trump is an evil racist will probably be okay not watching the address, while … Read more

China faces ‘unstoppable’ population decline, India may already be world’s most populous country

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via RT: China’s population is set to peak at 1.44 billion in 2029 before beginning an “unstoppable” decline in 2030, according to a shocking new report. Data hints that India may already be the most populous country in the world. According to the ‘Green Book of Population and Labor‘ published by the China Academy of Social … Read more

Structure Change Is Coming, Phase I Begins

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The people economy is declining very rapidly right now, the MSM is pushing their agenda calling for a recession during the elections. Trump and the patriots already know the plan, they have planned for this. There is a great restructuring coming to the central banks and to the world, phase I has just begun, the … Read more

Carmageddon in the UK: Auto Sales Plunge 12% in 2 Years, Diesels in Death Spiral. Consumers, Businesses, Fleets Cut Back

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is getting serious. Sales of new passenger vehicles, as measured by registrations, dropped 5.5% in December from a year earlier in the UK, the second largest auto market in the EU, behind Germany. Sales in the full year of 2018 dropped 6.8%, “reflecting 12 months of turbulence,” and “the ongoing … Read more

Macron follows globalist elite orders and arrests Yellow Vests leader Eric Drouet

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In what is sure to lead to another weekend of protests across France (Act Nine of the Yellow Vests movement), French authorities arrested the de-facto leader of the Gilets Jaunes for leading an unauthorized demonstration. According to the Wall Street Journal, Eric Drouet, a truck driver from the suburbs of Paris, was arrested in Paris … Read more

Some Amazon listings are rampant with fake reviews

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by jacob2815   This probably won’t come as a surprise to many, but I found it kinda funny how blatantly obvious it is. I was looking for some cheap bluetooth earbuds. Came across this pair that had great reviews. Five star average reviews with over 200! I noticed that literally every review of the 200 was 5-stars. … Read more

FITTON: HUGE: LA County to Remove Up To 1.5 million INACTIVE voters from rolls — first time in 20 years rolls will be cleaned!

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by TFittonJW Judicial Watch’s heavy lifting gets big results: https://www.judicialwatch.org/press-room/press-releases/california-and-los-angeles-county-to-remove-1-5-million-inactive-voters-from-voter-rolls-settle-judicial-watch-federal-lawsuit/ Pumped for 2019 with this victory — will be a precedent nationally!