by Dana Lyons The S&P 500 has rallied into year-end following every December 52-week low in its history. In the midst of the carnage on Wall Street, we are here to bring a little more holiday cheer to Wall Street. Last week, we showed that December spikes in volatility term structure have invariably led to gains by … Read more
FRANKFORT – In 2000, Kentucky’s public retirement plans were fully funded. Since then, they’ve accumulated nearly $43 billion in debts — making Kentucky’s pension system one of the worst-funded in America. Determining exactly how Kentucky got into this mess is a complicated exercise, partly because the reasons vary among Kentucky’s distinct pension plans for teachers, … Read more
Join Mike Maloney as he shows how a ‘taxation nightmare’ is evolving at a rapid pace around the world. Three recent examples of government meddling are provided, and anyone who has studied monetary history will know that this does not end well.
House majority whip calls on Democrat leaders to stand up for the rule of law and secure America’s southern border. Two weeks from New Years, and the Trump administration is trying one last time to get funding for the promised border wall.
by TFittonJW My view on the Flynn entrapment on Fox: Watch the latest video at foxnews.com https://video.foxnews.com/v/5979903623001/?#sp=show-clips And on WMAL:
by flyntlarry The Federal Reserve and other central banks around the world are nothing more than (((usury))) scams. They create money out of nothing on computers and allow banks to loan out multiple times the amount of assets they have on the books. And on these loans, banks are allowed to charge borrowers immense sums … Read more
via arstechnica: This is a company that, time and again, has tried to push the Web into a Google-controlled proprietary direction to improve the performance of Google’s online services when used in conjunction with Google’s browser, consolidating Google’s market positioning and putting everyone else at a disadvantage. Each time, pushback has come from the wider community, … Read more
Venezuela’s 15-Cent Phone Bills Come Complete With No Service. The price of Movistar’s top mobile internet plan is about 100 bolivars, or some $0.15 at the black market rate, compared to a $17 price tag for a similar plan offered by the firm in neighboring Colombia — leaves them with no money to invest or … Read more
BELGIAN Prime Minister Charles Michel is facing a no confidence vote this week with the country’s Socialist faction likely to trigger the process on Tuesday, following violent demonstration which erupted outside the EU commission over the weekend. The Belgian prime minister lost his parliamentary majority after a walk out was staged by Flemish nationalists nine … Read more
MSNBC “AM Joy” program, Reid ran video showing U.S. Border Patrol agents dumping out jugs of water that had been strategically placed in desert regions near the border for illegal immigrants. What Reid neglected to mention — indeed, she even tried to cover it up with a chyron across the bottom of the screen — … Read more
A 1974 New York state ban on nunchucks that was put into place over fears that youth inspired by martial arts movies would create widespread mayhem is unconstitutional under the Second Amendment, a federal court has ruled. Judge Pamela Chen issued her ruling Friday in a Brooklyn federal court on the martial arts weapon made … Read more
Ronni Stoeferle and Yra Harris interviewed on the Financial Repression Authority Ronni Stoeferle doesn’t think the next crisis will be a financial crisis, but a major currency crisis, and gold will play a major role. For important insight on gold, the economy, the markets, politics and geo-politics, tune in to the roundtable discussion in its entirety below:
by Dr. Eowyn A stroke is a medical condition in which poor blood flow to the brain results in cell death and part of the brain not functioning properly. There are two main types of stroke: Ischemic, due to lack of blood flow typically caused by blockage of a blood vessel. Hemorrhagic, due to bleeding either directly … Read more
Investors rush into bonds in record numbers as global economic outlook falls to worst in 10 years “This month’s survey [found] the biggest ever one-month rotation into the asset class” of bonds, Bank of America Merrill Lynch says. The monthly report is one of the most widely followed surveys of investors on Wall Street. Investors … Read more
China’s Economy Slows Sharply, in Challenge for Xi Jinping DONGGUAN, China — China’s consumers and businesses are losing confidence. Car sales have plunged. The housing market is stumbling. Some factories are letting workers off for the big Lunar New Year holiday two months early. China’s economy has slowed sharply in recent months, presenting perhaps the biggest challenge … Read more
by Lance Roberts Kevin Wilson recently penned a piece for Seeking Alpha that made a great point about where the markets are currently. To wit: “Famous market observer Art Cashin mentioned a metaphor in October 2017 that resonated with me. He said (words to the effect that) at that moment, market players had only the protection provided … Read more
Everyone knows wealth is concentrating. This is where the rich are going. From Bloomberg: U.S. unemployment is near a 50-year low, economic growth is brisk and the stock market – despite a disappointing 2018 – has paid generous returns since the financial crisis of a decade ago. But not for everyone. The chasm between rich and … Read more
The goals of the silicon valley censorship lovers and their establishment buddies boil down to convincing you that seeing the grim and sometimes distasteful world around you is “bad” and those that expose it are either extremists or foreign pawns.
Michael Snyder from the Economic Collapse Blog reports, Now that Donald Trump has been president, the Federal Reserve decides now would be a great time to start raising interest rates and slowing down the economy. https://www.youtube.com/watch?v=iDpauMZ3ERU Read More/Source/Credit/FairUse: http://theeconomiccollapseblog.com/ar…