Larry Lindsay: “Unfunded entitlement liabilities take US Federal debt obligations closer to 300%, not 100%, which is > Greece’s debt.” A. Greenspan: “We’re not getting like Greece, we’re getting like Illinois.”

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Larry Lindsay, 5/19/15: “Unfunded entitlemt liabilities take US Federal debt oblig’s closer to 300%, not 100%, which is > Greece’s debt.” A. Greenspan: “We’re not getting like Greece, we’re getting like Illinois.” Richard Fisher: “[Laughs] Which is worse – Illinois or Greece?” h/t @LukeGromen US Total Market Capitalization vs GDP   h/t @NorthmanTrader

No down days every! Hmm still waiting for that pullback. Make this 382.

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@zerohedge https://twitter.com/NorthmanTrader/status/948861734676303873 Stocks and indices are historically extremely disconnected from their annual 5EMAs and prices ALWAYS reconnect with them. What if you were long S&P500 futures only between midnight and 9am? Here's how cumulative gains during that time compares to the other periods $ES_F $SPY pic.twitter.com/nHxgAw7TDj — Eric Scott Hunsader (@nanexllc) January 3, 2018 Nothing … Read more

Economic Absurdity and Financial Insanity

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by justanta I wanted to discuss the powerful, ridiculous, and rampant economic absurdities and financial insanities we are now observing in the world as BAU draws to a close and the noose gets tighter. A quick note on sources: I have provided none. I believe all of this is true and easily verifiable with google. If … Read more

ANALYSIS: the system designed by politicians cannot deliver what citizens want…..and this is of course the citizens’ fault.

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by John Ward The only way electorates can get what they want RIGHT NOW is for the political class to change what happened BACK THEN. This explains why legislators resort to plebiscites among the ignorant. Down this road sits dictatorship, patiently awaiting our arrival. Here’s a dilemma to fox even the most nimble mind. We live … Read more

Government By Organized Money

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by Jesse Gold and silver gave up a small amount of their recent rally today, being short term overbought. And conversely, the dollar bounced up off its own losing streak from a short term oversold condition. The putative reason was that the Fed minutes released at 2 PM revealed that ‘some’ would like to see … Read more

The Deep State's Plan 'C' – Murder Donald Trump?

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Authored by Mac Slavo via SHTFplan.com, Longtime Donald Trump advisor and confidante Roger Stone is warning once again about the deep state. This time, he said that the deep state’s “plan C” is to simply murder the president, since plans A and B won’t work out.   With trust in the mainstream media at an all-time low, the … Read more

Hooters Franchisee Surges 41% on Cryptocurrency Rewards Program (Titcoin?)

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by Anthony B Sanders You know cryptocurries are hot when the restaurant chain Hooters develops a cryptocurrency rewards progam. {Bloomberg) Add Chanticleer Holdings Inc. to the list of companies racking up big stock-market gains by jumping on the cryptocurrency bandwagon. Shares of Chanticleer, a Charlotte-based Hooters franchisee and owner of burger joints across the U.S., surged 41 … Read more

Top 10 Charts For Investors To Watch In 2018

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via Callum Thomas I spent a lot of time this past week looking back across 2017.  I reviewed some of my best charts and market/macro calls of the year (along with some of my worst!). I also reviewed some my favorite charts. This article provides a look at some of the most important charts and indicators as … Read more

Houthi Navy Seizes U.S. Underwater Minesweeping Drone Off Yemen; Is The US Preparing For Invasion?

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by stockboardasset Amid a major humanitarian crisis unfolding in Yemen as a result of a Saudi-led military intervention, backed with airstrikes from the United States, which have increased threefold under President Trump. Western media has fallen silent on the Yemeni war leaving it to be a faceless and nameless conflict unlike the wars in Iraq, Libya, and Syria. Most … Read more

Twitter Censors German Website Under Hate Speech Law

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by stockboardasset 2017 was the first visible year where public sentiment in the West began to shift against governments, media, and large tech companies like Facebook and Google. Decades of flawed economic policies have resulted in out of control wealth inequality, which has driven the public to populism and nationalism. But nowhere in the West has … Read more

Kellyanne Conway: Trump Critics Are "Bold" On Cable TV, But In Person Their "Knees Start Knocking" [VIDEO]

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Kellyanne Conway: Trump Critics Are “Bold” On Cable TV, But In Person Their “Knees Start Knocking” Special advisor to President Trump, Kellyanne Conway, mocks critics of the president who she says are very “bold” on social media, but terrified of his in person. https://www.realclearpolitics.com/video/2018/01/03/kellyanne_conway_trump_critics_are_bold_on_social_media_but_in_person_their_knees_start_knocking.html

The Pension Dilemma In California (A Market Correction)

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News Articles here: 1. CalPERS adopts new asset allocation increasing equity exposure to 50% http://www.pionline.com/article/20171… 2. Pension Dilemma: Expecting 7% Returns in a Negative Yield Setup https://www.themaven.net/mishtalk/eco… 3. Pension Funds’ Dilemma: What To Buy When Nothing Is Cheap? https://finance.yahoo.com/news/pensio… 4. “Everything Is Overvalued”: Public Pensions Face Dangerous Dilemma In 2018 https://www.zerohedge.com/news/2018-0… 5. Full-career retirees comprise … Read more