How many households qualify as middle class?

From Charles Hugh Smith at Of Two Minds: What does it take to be middle class nowadays? Defining the middle class is a parlor game, with most of the punditry referring to income brackets as the defining factor. People tend to self-report that they belong to the middle class based on income, but income is not the key … Read more

Denmark and Italy Fight Back Against Open Borders As Populism Swells Across Europe

by Jon Hall, Free Market Shooter On the heels of the United Kingdom’s and Europe’s disastrous immigration policies, both Denmark and Italy are fighting back against open borders. Inger Støjberg, Danish Integration and Immigration Minister, recently rejected EU migrant quotas for 2018, detailing that refugees do not do enough to contribute to Denmark. Støjberg told Jyllands-Posten: Although we have gained significantly better … Read more

The stock market’s nightmare may be far from over

via Sue Chang  After a nail-biting week with the Dow Jones Industrial Average sinking nearly 1,400 points over two sessions, the jury is still out on whether the selloff signals a fundamental shift in the stock market or a brief episodic correction. But one thing is certain: Investors should brace for more market drama in … Read more

Tucker “Ship Of Fools: How A Selfish Ruling Class Is Bringing America To The Brink Of Revolution!”

https://www.youtube.com/watch?v=2HD-B416bUE MAN AT RALLY SHOUTS TO ROBERT “BETO” O’ROURKE, “YOU’RE LUKE SKYWALKER!” Can we tone down the violent rhetoric, America? I’m no O’Rourke supporter — I just think it’s wrong to compare a man to a communist-inspired slave-owning religious terrorist fanatic who’s killed hundreds of thousands of people. Texans in particular should be better than this.   h/t ED

The ECB on the Verge of Collapse?

by Martin Armstrong   The European Central Bank (ECB) will NOT aid Italy with an EU rescue program if the country or its banks are in financial turmoil. The Italian government is taking the view that Italy has become an “occupied” country and that Germany has conquered Europe imposing austerity and its view of inflation upon the … Read more

What’s Wrong with Government-Run Healthcare?

If you get sick or suffer a serious injury, you not only want medical care, you want quality medical care. What’s the best way to get it? Through a government-run program like Medicare for All or through our current free market system? Stanford policy expert Lanhee Chen has the answer in this video from Prager … Read more

Nomi Prins: 4 Pillars Of Debt In Danger Of Collapse

by Nomi Prins of Daily Reckoning Last month I was in a series of high-level meetings with members of Congress and the Senate in Washington. While there’s been major news about the Supreme Court, my discussions were on something that both sides of the aisle are coming to consensus over. You see, issues that impact your own bottom … Read more

Should the ECB be reformed and how?

by Shaun Richards This morning has brought an intriguing opinion piece in the Alphaville section of the Financial Times. It concerns the European Central Bank and comes from what you might call a classic insider as the header suggests. Lorenzo Bini Smaghi, Société Générale chairman, Project Associate at the Harvard Kennedy School’s Belfer Center for … Read more

Alice, Wonderland, Panic, New Playbook

Huge majority of the American population does believe in political correctness according to a new survey and report. Obama takes credit for the release of Brunson. Clinton requested for her security clearance to be removed, why? The deep state is using the disappearance of the journalist to push their agenda. Q mentions what Saudi Arabia … Read more

Visualizing Minimum Wage in the United States

by howmuch One of the most hotly contested political debates in the United States is the minimum wage. Pro-business advocates say a high minimum wage hurts business, while pro-labor advocates say the minimum wage should be raised to help the working poor. Have a peak at our chart below to see your state’s minimum wage. In … Read more

Georgia Dem Claims Illegals Will Help ‘Blue Wave’ Succeed

Stacy Abrams told supporters that the coming blue wave would include illegals and others. Georgia Democrat candidate for Governor, Stacey Abrams said Tuesday that the “blue wave” will include “undocumented” immigrants and other supposedly disenfranchised people. While speaking to supporters at the Clayton County campaign office, Abrams made the shocking comments during an event with … Read more

Global stocks declining to start the week as rising tensions between US and Saudi Arabia spooking global markets

by QuantalyticsResearch US Stocks Global stocks are declining to start the week after rising tensions between the United States and Saudi Arabia escalated over the weekend US stocks index futures are dropping ahead of the open in NY with the Dow Jones minis –0.40%, S&P500 minis –0.50% and Nasdaq 100 minis –0.81% Tensions between Washington and … Read more

THE WOLF STREET REPORT – How the next housing bust might unfold – the best-case scenario.

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “THE WOLF STREET REPORT” is my new podcast. It’ll appear weekly right here on WOLF STREET. It’s where I discuss a topic in depth for 10-20 minutes. In this inaugural edition, I ask: As higher interest rates hit the housing market over time, what will that do to banks and in … Read more

Global Markets Continue To Fall As Bloomberg Warns “The Next Financial Crisis Is Staring Us In The Face”…

by Michael Snyder It looks like it could be another tough week for global financial markets.  As the week began, markets were down all over the world, and relations between the United States and Saudi Arabia have taken a sudden turn for the worse.  That could potentially mean much, much higher oil prices, and needless … Read more

Wow! For the first time since 2008, the Fed is unlikely to intervene significantly in the markets!

Wow!For the first time since 2008, the Fed is unlikely to intervene significantly in the markets!The bank has published its forecast of expected Reinvestment in the coming month-only $ 300 million-completely negligible!#SPX #DXY @dlacalle_IA @mcm_ct @zerohedge @Sunchartist pic.twitter.com/a2Vh9rrYjy — Amit Noam Tal (@amital13) October 14, 2018 Historical Fear and Greed vs $NYA and $SPX pic.twitter.com/crrZGNwmbx … Read more