Update on Popping Housing Bubbles in Sydney & Melbourne

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Every housing bubble requires the connivance of the banks and regulators. Australia is no exception. Sydney’s housing bubble, one of the most magnificent in the world, is deflating further. So far this year, home sales volume has plunged 18.5%, according to CoreLogic. And prices have followed. In September, this is what … Read more

US Gross National Debt Jumps by $1.27 Trillion in Fiscal 2018, Hits $21.5 Trillion

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But wait — these are the Boom Times! The US gross national debt jumped by $84 billion on September 28, the last business day of fiscal year 2018, the Treasury Department reported Monday afternoon. During the entire fiscal year 2018, the gross national debt ballooned by $1.271 trillion to a breath-taking … Read more

Now is the Time to Buy Gold Says Barron’

From Birch Gold Group This week, Your News to Know brings you the latest stories involving precious metals. Stories include: Barron’s says it’s time to buy gold, Bank of America sees gold soaring above $1,300, and Indonesians snap up gold as currency and stocks tumble. Barron’s: Time to Buy Gold Despite persistent faith in the U.S. dollar and … Read more

Fund Manager: The SEC Settlement With Elon Musk Shows Once Again That Crime Pays

by Dave Kranzler of Investment Research Dynamics “…when you see that money is flowing to those who deal, not in goods, but in favors–when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty … Read more

High Alert,Social Media Blackout,Comms Activated

by Thinker What is happening??? Donald Trump with the help of that which is beyond the minds of many are making strides to change a corrupt world, to one where people take pride in honor and “TRUTH.” Alternative media continues to bring the people “REAL” news and expose the lies printed in the mainstream media … Read more

Seattle woman out for a run attacked by homeless man, wants city to “do something productive”

by DCG A Seattle woman, Maria Ball, was out for an early run on Friday around Green Lake when she was attacked from behind. The man grabbed her chest and crotch. She yelled for help and neighbors called the police. According to the MyNorthwest.com story, Ball knew something was wrong the second she was grabbed and managed to … Read more

The world’s greatest investors are sounding the alarm… it’s time to be cautious

by Simon Black Howard Marks is one of the greatest investors in history. Marks is the founder of the credit investment firm Oaktree Capital Management. And he’s been sharing his insights with the public in his Chairman memos since 1990 (which you can read for free on his website). Even Warren Buffett stops what he’s doing when … Read more

Lots of evidence of slowing

by WARREN MOSLER Highlights A marginal headline gain of 0.1 percent in construction spending masks significant declines in residential spending during August. Residential spending fell 0.7 percent in the month to more than offset a 0.2 percent rise in July. Looking at sub-components, single-family spending was also down 0.7 percent in August with multi-unit spending … Read more

144 House Democrats approve of illegal aliens voting in U.S. elections

by Dr. Eowyn Democrats are the Anti-America Party of Lawlessness. Congressional resolutions are not laws. They are not legislative in character, but are statements of intent or declarations used primarily to express principles, facts, opinions, and purposes. When Congress seeks to pass a law, it uses either a bill or a joint resolution, which must be … Read more

Here is what Julian Assange wanted us to know right before his internet was cut

via reddit: “Intelligent evil dust, it’s everywhere in everything” and “The generation being born now is the last to be free” What was he talking about? Smart Dust Smartdust involves 5G wireless and IoT as I will soon explain. First, here’s Assange describing it in his own words: https://youtu.be/Rd6u5Los-VM?t=1m42s It’s interesting to note that research on … Read more

CATALONIA: CLASHES AS PRO-INDEPENDENCE PROTESTERS TRY TO STORM THE PARLAMENT

https://twitter.com/_ju1_/status/1046853760352493573 https://twitter.com/eSpaiNews/status/1046850288043413504 Pro-Spanish MPs have been escorted out of the Parliament Hoy de nuevo, al acabar la preparación de los plenos de mañana, hemos tenido que salir escoltados del Parlament por un fuerte cordón policial por la presencia de una manifestación de los comandos separatistas en la puerta pic.twitter.com/5GvkzCJaE0 — Inés Arrimadas (@InesArrimadas) October 1, … Read more

Two Prominent Market Observers And Historians, Robert Shiller And Edward Chancellor, Are Expressing Concern About Stock Market

by John Coumarianos  They say nobody rings a bell at the top of the market. But whether this is the top or not, two prominent market observers and historians, Robert Shiller and Edward Chancellor, are expressing concern. First, Shiller warns readers not to take big increases in earnings too seriously because earnings are volatile. Everyone … Read more

On Friday, the nation turned a blind eye to google’s meeting with congress. That sort of coverage doesn’t bring in ratings. But it impacts the entire world.

Google meets with GOP, strengthening ties with the government RT, Released on 10/1/18 Google’s CEO, Sundar Pichai, recently met with about two dozen prominent Republican Congress people, for a couple of reasons. First, there’s the issue of bias that keeps coming up. A lot of Republicans feel like Google is very biased against conservatives, and … Read more

China cancels October security dialogue with US Defense officials

https://www.youtube.com/watch?v=BCQfSjgFC4A Beijing has abruptly canceled a high-level security meeting with U.S. Department of Defense official scheduled for October. U.S. Secretary of Defense James Mattis was planning to visit Beijing in mid-October to meet with top officials from the People’s Liberation Army (PLA). The Chinese government on Sept. 30 released a statement that not senior officials … Read more

ALARMISTS GONNA ALARM

Some of the usual suspects used their perch in the Washington Post last week to allege that the administration’s new fuel economy rule (the SAFE rule) will lead to a post-apocalyptic hellscape. My colleague Marlo Lewis eviscerates this alarmist claptrap: “Last month, deep in a 500-page draft environmental impact statement, the Trump administration made a startling assumption: … Read more