America Is Overdue for Another Economic Disaster

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via National Review Underneath the current economic boom, there are some truly worrying signs. Eric Sevareid (1912–1992), the author and broadcaster, said he was a pessimist about tomorrow but an optimist about the day after tomorrow. Regarding America’s economy, prudent people should reverse that. This Wednesday, according to the Financial Times‘ Robin Wigglesworth and Nicole Bullock, … Read more

Since 2003, 400 TSA agents have been arrested for theft of passenger items while not one terrorist has been caught.

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A TSA agent convicted of stealing more than $800,000 worth of goods from travelers said this type of theft is “commonplace” among airport security. Almost 400 TSA officers have been fired for stealing from passengers since 2003. Pythias Brown, a former Transportation Security Administration officer at Newark Liberty International Airport, spent four years stealing everything … Read more

California ranch lists for 125 times previous purchase price

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Around the country, home prices near major metros have jumped significantly in the last few years, making the areas unaffordable for many — and pushing long-time local residents to sell and cash in on the run-up in valuations. In Marin County, California, home prices have risen more than 9 percent in the last year, according to Zillow. Mark Pasternak … Read more

We’re In The Biggest Real Estate Bubble Ever, Even Surpassing The Subprime Bubble That Preceded The 2008 Collapse

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by Alexander Trigaux, Editor, GoldSilver   Not only is the new real estate hyper-bubble here, but signs abound that it is popping right now: Housing demand sees biggest drop in more than 2 years Housing market has hit a ‘significant slowdown’ in recent weeks Mortgage rates climb as housing market loses its mojo Mike Maloney explains … Read more

The “dependent victim” psyop

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By Jon Rappoport ANY person who exits an “officially designated victim-group”…and then succeeds in life on his own…and then goes one step further and refuses to identify his entire existence with his former group…but instead stands as a unique individual…why, that person, at the very least, must be a criminal, if not a terrorist, right? … Read more

Who is the Fool? The Borrower or the Lender?

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by Martin Armstrong Many people worry about over-indebtedness and point to a default of borrowers. It is interesting how the view of debt is always the low-life borrower. In reality, the real stupidity rests with the lender. Many are pointing to US corporate debt and stating that it has grown to an estimated US $ 7 … Read more

Connnecting some dots

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via Vaellene: I am passing this on from someone who’s connecting some dots with input from sources he cannot reveal. Here’s what it looks like when all the pieces are sewn together It smells like conspiracy and treason. Everyone needs to read this. Slowly, and patiently, because it’s very important…… From 2001 to 2005 there was … Read more

Britain faces social unrest as swathes of people are set to lose their jobs in robot revolution, Bank of England’s chief economist warns

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Bank of England’s chief economist has warned of impact of coming AI revolution Andy Haldane said ‘swathes’ of jobs could go as people replaced by robots Urged major skills drive to ensure people could take opportunities of the change Britain faces the threat of social unrest as robots take ‘swathes’ of jobs, the Bank of … Read more

$10 Billion Defense Contract Proposal is specifically worded with a host of technical stipulations that only Amazon can meet, according to insiders.

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via vanityfair: Much of the language of JEDI, in fact, seems specifically tailored for Jeff Bezos. “Everybody immediately knew that it was for Amazon,” says a rival bidder who asked not to be named. To even make a bid, a provider must maintain a distance of at least 150 miles between its data centers, a prerequisite … Read more

JP Morgan to unveil new investing app with an eye-catching, disruptive price: Free

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Should put pressure on Robinhood, Schwab, and other brokers. JP Morgan, late to mobile trading, eyes a splash with its new app from CNBC.   J.P. Morgan’s new digital brokerage service comes with free trades, portfolio building tool and access to equity research. The bank’s new trading service starts next week and will be available … Read more