Worst Market Crash In A Decade: The Dow Has Fallen More Than 4000 Points As Stocks Rapidly Approach “The Capitulation Phase”

by Michael Snyder We have not seen anything like this since the financial crisis of 2008.  On Thursday the Dow Jones Industrial Average lost another 464 points, and over the last five trading sessions it has lost a total of more than 1,700 points.  CNN’s Fear & Greed index has swung all the way over … Read more

Donald Trump Is Going To Have To Shut Down The Government For At Least A Month If He Really Wants Border Wall Funding

by Michael Snyder   President Trump has decided to stand up and fight for funding for the border wall that he has been promising the American people.  And that is probably a very good thing for Trump’s political future, because news that he was going to surrender to the Democrats on border wall funding had … Read more

MUST SEE TV: Stephen Miller Demolishes Wolf Blitzer On Illegal Immigration, Mattis Retirement & Syria During CNN “Setup Piece” Before Pelosi, Schumer Presser

Perfect example of what’s wrong with media and politics today. CNN anti war under bush.CNN pro war under trump.lol Tucker Carlson Dropped by at Least 24 Advertisers Over Immigration Comment – The Wrap  https://www.thewrap.com/tucker-carlson-dropped-advertisers-sponsors-immigrant-flap/ Another Globalist Bites The Dust, Deep-State Goes Crazy:  James Mattis Is Leaving the Trump White House – The Atlantic  https://www.theatlantic.com/politics/archive/2018/12/defense-secretary-james-mattis-leaving-trump-administration/569746/ AC

High-Yield CLOs: “The Biggest Emerging Market Debt Problem Is in America”

via project-syndicate: A decade after the subprime bubble burst, a new one seems to be taking its place in the market for corporate collateralized loan obligations. A world economy geared toward increasing the supply of financial assets has hooked market participants and policymakers alike into a global game of Whac-A-Mole. CAMBRIDGE – A recurrent topic in … Read more

US Share Market Meltdown?

by Martin Armstrong Everything is still on track for a pullback. The Dow Jones Industrial Average closed at a 14-month low on Thursday, the second consecutive day of sell-offs after the Federal Reserve announced its fourth widely-anticipated rate hike of the year. Interestingly, despite the fact that the rate hike was expected, the Fed’s revised outlook … Read more

The Psychological Warfare Behind Economic Collapse

by Brandon Smith The concept of using the economy as a weapon is not an alien one to most people. Generally, we understand the nature of feudalism and how various groups can be herded onto centralized plantations to be exploited for their labor. Some people see this as a consequence of “capitalism,” and others see it … Read more

United States is invoking Section 235(b)(2)(c)

Press Statement Michael R. Pompeo Secretary of State Washington, DC December 20, 2018 Today the United States Government announced historic action to confront the illegal immigration crisis facing the United States. We notified the Government of Mexico that the United States is invoking Section 235(b)(2)(c) of the Immigration and Nationality Act. We will begin implementation … Read more

Sen. Rand Paul: Now is the Time for Diplomacy, Not New Sanctions

SenatorRandPaul, Released on 12/19/18 Dr. Rand Paul is the junior United States Senator for Kentucky. Elected in 2010, he has proven to be an outspoken champion for constitutional liberties and fiscal responsibility, and a warrior against government overreach. A graduate of Duke University School of Medicine, Rand was a practicing ophthalmologist in Bowling Green, Ky., … Read more

Deutsche Bank went under $8 a share, sitting on $40T+ derivatives. UPDATE:FDIC Just published DB has shortcoming in “Living Will”

Today with all the other wonderful financial news, DB shares went under $8. The merger with Citi has obviously fell apart. now the German government is scrambling to Merge DB with Commerce, Germany’s second largest. This is like tying a coast guard rescue ship to the Titanic to stop it from sinking. They will lose … Read more

Robert Shiller: I am worried about this economic slowdown

CNBC, Released on 12/20/18 Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management’s International Center for Finance. Mr. Shiller has been a research associate of the National Bureau of Economic Research (NBER) … Read more

The Central Bank War – Nobody Notices

by Martin Armstrong I understand this can get confusing because there are so many people who talk without any real-world experience. The Fed MUST raise rates to help the crisis in Pension funds. It raised the Fed Funds Rate (what banks charge each other) 25 basis points to 2.25-2.5%. While the Fed indicated there would be two more … Read more

Because a Citizen Filmed It, Cop Found Guilty for Punting Handcuffed Teen’s Head Like a Football

Via The Free Thought Project Franklin Township, OH — As TFTP reported in May, a vigilant citizen with a cellphone captured video of the ridiculously excessive force by police on 18-year-old kid who ran from them. In spite of teen being handcuffed, face-down on the ground, with another officer on top of him, a Franklin Township … Read more

That’s Just …Disgusting

by Chris I know I should not be surprised by this on CNBC, but still, I found its shamelessness staggering… https://www.cnbc.com/2018/12/20/cramer-fed-rate-hikes-widen-wealth-gap-b… From the article: CNBC’s Jim Cramer, a critic for months of the Federal Reserve’s path higher for interest rates, said Thursday that the central bank led by Jerome Powell is taking money out of … Read more