U.S. Debt So High Interest Payments Are Forming a “Black Hole”
From Birch Gold Group No surprise to anyone, the United States is in debt. Of the last 64 years, the U.S. has run a budget deficit for 62 of them. According to Newsmax, it seems like 2018 will be a year of U.S. debt records: Through the first 10 months of this year, revenues have totaled $2.77 … Read more
MEDIA BLACKOUT: Broadcast News Covers Up Feinstein’s Chinese Spy Scandal, Ignores Jim Jordan’s Accuser Recanting Claim
by Jon Hall, Free Market Shooter In two instances within the past month, the mainstream media has been caught engaging in a total media blackout. Late last month, news that California Democratic Senator Dianne Feinstein unknowingly allowed a Chinese spy to infiltrate her office broke online. Notably, Feinstein’s spy also worked as her personal driver for nearly 20 years. … Read more
Afloat On Debt: US Household Debt Hits Record $13,000,000,000,000
from Zero Hedge Total household debt hit a new record high, rising by $82 billion to $13.29 trillion in Q2 of 2018, 3.5% higher than a year earlier according to the NY Fed’s latest household debt report. It was the 16th consecutive quarter with an increase in household debt, and the total is now $618 billion higher … Read more
The Nasdaq Triggers Another Breadth Warning
by jessefelder Over the past few weeks the Nasdaq has triggered a total of five Hindenburg Omens. As I wrote back in November, the last time the Nasdaq saw a cluster of signals like this, “The ‘Hindenburg Omen’ was developed by Jim Miekka as a warning of a stock market crash. While it’s not very effective in … Read more
Inferno: How To Get Ready for a Rapidly Spreading Wildfire
by Jeremiah Johnson Six large new wildfires erupted in the United States, pushing the number of major active blazes nationwide to over 100, with more expected to break out sparked by lightning strikes on bone-dry terrain, authorities said on Saturday… and more are expected.” – New York Times The fire season has been in full force for … Read more
Emerging Market Contagion
via Kevin Muir Wild day in the markets. Emerging markets are getting crushed like a 1980s teenage nerd asking the head cheerleader to prom. As I write this, the EEM ETF is down roughly 3% on the day, and down more than 7% over the past week. We’re past some simple mid-summer-illiquid shenanigans and definitely into … Read more
On August 22, 2018, this current bull market will top the 1990s bull market as the longest ever
by gorillaz0e Graph of this issue: https://pbs.twimg.com/media/DkhnNycUwAAPNIh.jpg:large Don’t look now, but on August 22, 2018, this current bull market will top the 1990s bull market as the longest ever. However, be aware that the 1990s bull market saw the S&P 500 Index gain 417%, while the current bull market is up approximately 320%—so you can’t call … Read more
Tencent profit falls for the first time in nearly 13 years as gaming unit suffers regulatory scrutiny
Tencent reports second-quarter earnings Wednesday. Analysts expect a slowdown in revenue growth. The online gaming business is a concern after Chinese regulators have clamped down on the industry and even ordered Tencent to stop selling a popular game called “Monster Hunter: World.” Tencent reported second-quarter earnings that missed analyst expectations on Wednesday with increased Chinese regulatory … Read more
Price inflation, the sinister byproduct of printing more and more fiat currency (which is the literal definition of ‘inflation’), means that even though the average US hourly wage has risen from about $4 in 1971 to $22.65 today, in actually buys less.
via pewresearch: On the face of it, these should be heady times for American workers. U.S. unemployment is as low as it’s been in nearly two decades (3.9% as of July) and the nation’s private-sector employers have been adding jobs for 101 straight months – 19.5 million since the Great Recession-related cuts finally abated in early … Read more
The Central Bankers Are Up To Something
IMF says Spain needs 5 million migrants to pay pensions, what about all the youths that are not working. US household debt hit 13.3 trillion dollars, nothing to worry about. Retail sector rebound with a revision to last month data and the increase in gasoline price. US production slows. Why are the banks getting rid … Read more
PewDiePie (65 million subscribers) speaks out against purge of Infowars, says it was clearly organized “censorship.”
https://twitter.com/PrisonPlanet/status/1029827691132985344
The Old World Ruling Elite Failed In 1776,1945 & In 2016 & They WILL FAIL NOW!!
https://www.youtube.com/watch?v=verRCbhpJb0 The elite can all go to hell and I’ll Help this country stand up and take this country back if needed, god bless you all TL
Where Are Investors HIDING Their Money? Emerging Market Stocks Show Extreme Risk!
Do you think it’s wise to hold onto exclusively FANG+ stocks at this point? Investors around the world are looking for increased corporate profits, better returns, and lower risk. But unless you’ve been living under a rock, you have seen the signs of increased tension around the world. So with fewer and fewer choices, … Read more
TODAY STRAWS, TOMORROW BALLOONS?
via powerlineblog: Did you think leftist do-gooders would stop after getting plastic straws banned in a variety of locations? Of course not! Next up, balloons: Now that plastic straws may be headed for extinction, could Americans’ love of balloons be deflated? The joyous celebration of releasing balloons into the air has long bothered environmentalists, who say the … Read more
ECB Panics – Tells Banks to Stop Converting to Dollars
by Martin Armstrong The European Central Bank is instructing banks to restrict the conversion of Euros to dollars. The Euro has fallen to 113006. Once again, the dangerous game here is when we cross that line of demarcation between CONFIDENCE in government and the REALIZATION that there is nobody in control but the free markets. Once all the talk … Read more
Russia Offers 2.5 Million Acres Of Farmland To China, Amid Worsening Trade War
by stockboardasset China and Russia recently announced a new age of diplomacy between the two countries, at a time when President Trump is targeting both with precision-guided economic warfare. China finds itself reeling under trade disputes with the US, as the next round of tariffs on $16 billion worth of Chinese goods is expected to start … Read more
The world’s greatest investor is running out of things to buy
by Simon Black It was late October, 1989. East Germany was disintegrating, and the Berlin Wall was days away from coming down. The Soviet Union was just starting to fall apart. George H. W. Bush (the elder) was President of the United States. And the #1 movie in the world was John Travolta’s Look Who’s Talking. … Read more
Politician Who Pushed for Gun Control Laws, Arrested for Murdering Partner With a Gun
via thefreethoughtproject: Aiken, SC – A former congressional candidate who promised to fight for strict gun control laws has now been charged with murder for shooting and killing her former campaign manager after his body was found in her apartment. One year ago, Kellie Collins, 30, was vying for the votes of residents in Georgia’s 10th congressional … Read more