By Harry Dent It’s no secret that our Federal debt has more than doubled since the onset of the last recession in late 2007. It’s gone from $10.1 trillion to $23.6 trillion. That’s an 134% increase in just 11 years! And now Trump’s business tax cuts are pushing that debt higher still. It’s now at … Read more
by DCG UK taxpayers cough up a lot of money for their socialized healthcare program known as NHS. Keep in mind that some 60% of the NHS budget is used to pay staff. And according to Wikipedia, “The NHS is underresourced compared to health provision in other developed nations. A King’s Fund study of OECD data from 21 … Read more
“China on Saturday approved the release of 80 online video games after a freeze on such approvals for most of the year. However, the approved titles … did not include games from industry leader Tencent Holdings Ltd China, the world’s biggest gaming market, stopped approving new video games in March amid … growing criticism of … Read more
https://www.fool.com/investing/2018/12/29/walmart-wants-to-deliver-groceries-right-to-your-f.aspx Amazon.com is probably further along on this idea than anyone. Using a special smart lock set and an Amazon security camera, the Amazon Key system allows packages to be placed inside your home. Using a smartphone, you can watch the door opened, your package placed inside, and the door closed and locked again. Walmart is … Read more
via Andres Cardenal, CFA Summary Nobody can predict bull and bear markets, but some indicators do a sound job at providing capital protection during bear markets. The stock and bond markets are interconnected, and we can learn a lot about the health of the stock market by watching price action in the bond market. When stocks … Read more
by Simon Black When all the tribes of Israel still lived in their holy land, they practiced something called the Jubilee. According to the Book of Leviticus, the Jubilee existed because the Israeli land actually belonged to their god Yahweh…. and the current owners were just borrowing it (sounds like land ownership today – try not … Read more
by WARREN MOSLER Not good: California Home Sales Slowest For An October In Seven Years (Econintersect) California home sales fell year over year for the third consecutive month, hitting a seven-year low for an October, as affordability constraints and a more cautious stance by many would-be buyers continued to weigh on the market. Interesting. Wonder … Read more
from Financial Survival Network Gerald Celente knows that the elite rulers of our country can’t seem to get enough endless wars. They seem to thrive upon them. So many political and military leaders want Afghanistan to continue forever, with no end game or goal in site. Same with our involvement in Syria. But President Trump has had … Read more
CNBC, Released on 12/24/18 *This interview was recorded on 12/24/18 Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.
https://www.youtube.com/watch?v=C-1dcft5j2Y California state tax protest 2019. If savages can breaks laws and be rewarded – wait until civilized Californians start breaking laws… the ones that count. WCAM
https://www.youtube.com/watch?v=KCXLBdfpveg California is using their state to bring in illegals then make those people impossible to live there and for them to move to other states. Those illegals will vote Demoncrats, turn red state to blue. They will turn our country just like Venezuela and the leaders will take over America and turn it into … Read more
https://www.youtube.com/watch?v=a6rBM1sIiGU I didn’t see the usual “after Christmas sales” ads on tv, print, or on the internet. I thought it a sign. BC
Josh Sigurdson talks with author and economic analyst John Sneisen about the countless countries swapping out of the US dollar as the world reserve currency loses faith, the only thing keeping it from completely crashing and starting a domino effect around the world! The most recent news is that India and the UAE have … Read more
by Doug Hornig, Contributor, GoldSilver GoldSilver’s Mike Maloney recently released a video dealing with inversion of the yield curve in the bond market. It’s an excellent introduction to a subject about which all investors should have a basic grasp. And it’s important enough that a few aspects are worthy of further exploration. To begin, what is the … Read more
by Natura Naturans A Thursday report claiming that former Trump attorney Michael Cohen was in Prague during the 2016 US election has begun to unravel after one of its authors admitted it was based on third-hand information which nobody affiliated with the report had seen, according to the Daily Caller’s Chuck Ross. McClatchy reported Thursday that … Read more
via businessinsider: In the life of a decade-long credit cycle, the global economy’s current condition shows it’s firmly heading toward a downturn, according to a new analysis from Nomura. A single cycle is historically a decade long. The beginning is marked by the end of a crisis/a cyclical bottom, and ends when credit contracts and the … Read more
Corporate Debt Is Reaching Record Levels In the aftermath of the financial crisis, a swath of individuals and families began a long and painful deleveraging process. Businesses, meanwhile, quickly moved in the opposite direction—loading up on cheap debt to the point where many observers now worry that highly leveraged companies pose a threat to the … Read more
Market loves the "big progress" tweet. Meanwhile, copper is in retreat and China's PMI just hit a contractionary three-year low print of 49.4 in Dec as growth weakens to a 28-year low. — David Rosenberg (@EconguyRosie) December 31, 2018 https://twitter.com/MacroTechnicals/status/1079719892302159873 The last time #China's Manufacturing #PMI fell below 50, the Chinese government provided significant stimulus, … Read more
by Martin Armstrong QUESTION: Mr. Armstrong; Merkel has come out and said that “Nation states must today be prepared to give up their sovereignty.” This is what you have been saying that the agenda is to federalize Europe. Would you care to elaborate on her latest statement? Thank you from Berlin PH ANSWER: Merkel has stepped down as … Read more
by Martin Armstrong I went to go watch VICE – the story about how Dick Cheney took over the government with the aid of his wife – Lynne Cheney. Vice is a film that seeks to bring complicated information about the inner corruption in Washington and transform it into a digestible and entertaining format. There is no question that … Read more