Does anyone find it suspicious that the social media bans came right after the success of #walkaway and Trumps massive rise in approval ratings among black Americans?

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The dam is about to burst. .@GovMikeHuckabee “Your paycheck is bigger, your pension is stronger.” @foxandfriends Unemployment numbers are better than they have been in 50 years, & perhaps ever. Our country is booming like never before – and it will get even better! Many companies moving back to the U.S.A. — Donald J. Trump … Read more

Turkey Approaching the Point of No Return as Erdogan Blames the Currency Decline on USA

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by Martin Armstrong Turkey has little hope of coming out of this in one piece. The pretend President-Dictator, Tayyip Erdogan, has come out and denied on Saturday that Turkey is in a currency crisis. Exactly how he can even say that is shocking. Nevertheless, he called a 25% drop in the currency a plunge that is just ‘fluctuations’ … Read more

SAfrica risks ‘Zimbabwe-style land chaos’

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Shockwaves are still being felt in South Africa after President Cyril Ramaphosa’s controversial announcement that the country’s constitution is to be changed to explicitly allow for the expropriation of land without compensation. Markets reacted negatively and the currency, the rand, has continued to plummet over the last week. This is because the plan has invited … Read more

Americans’ Real Wage Growth Slumps Most In 6 Years

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Via ZeroHedge And just like that, a million hopeful voices cried out in horror… Real average hourly earnings shrank by the most since 2012 in July… For years hope has been soaring that household income will rise any minute now… and despite two years of disappointment, they remain optimistic… But unemployment is so low? Full-employment? Wage … Read more

Are Cryptocurrencies A Fictional Dream?

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by Martin Armstrong COMMENT: Dear Mr. Armstrong; I suppose we have to learn the hard way. Our electronic currency system crashed here in Zimbabwe. Many people were using it because of the old hyperinflation. The argument that private money would be better than government made a lot of sense here given the history. Most people were … Read more

The Shortage of US Dollars

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by Martin Armstrong What people have to understand is that the Federal Reserve is moving in the opposite direction with respect to its monetary base. The Adjusted Monetary Base is the sum of currency (including coin) in circulation outside Federal Reserve Banks and the U.S. Treasury, plus deposits held by depository institutions at Federal Reserve Banks. … Read more

Elon Musk, Tesla, And The Solar Roof Tile Fraud

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via MANSION ENGINEER Tesla and its impresario Elon Musk are in the news this week. One aspect of his hype machine, the ballyhooed solar roof tiles, looked suspect to most of us who follow solar developments when it was introduced. Like many of his supposedly visionary ideas, there was nothing new about it and others who … Read more

Forget ‘Parties’ – the UK Government classes represent an obese pig on the back of every citizen

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by John Ward When the pension liabilities alone of the British governance élites are three times what the People produce in GDP, it is potty to talk about this or that economic  direction, social policy, or Stay versus Leave vis a vis the EU. When those same people are fiscally incontinent and commercially incompetent, they cannot … Read more

Proof the US government is lying about inflation to create the illusion of an “amazing” economy to keep investors

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Billionaire Peter Schiff, investigates the CPI tool, the government reports to show inflation. It is comprised of several consumer goods and he compares his findings to the governments and his results show staggeringly higher inflation. He comes to the conclusion that they are creating the illusion of a great economy to keep investors h/t EmployerOfTheMonth

Bruce Ohr will come before Congress on August 28 to answer why he had 60+ contacts with Steele

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DOJ official Bruce Ohr will come before Congress on August 28 to answer why he had 60+ contacts with dossier author, Chris Steele, as far back as January 2016. He owes the American public the full truth. — Mark Meadows (@MarkMeadows) August 10, 2018 RepMarkMeadows DOJ official Bruce Ohr will come before Congress on August … Read more

Asgardia: The first space nation?

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From Bill Harby at the BBC: As of today, I’m an official citizen of two nations. One is the US, which has 325 million citizens and an area of almost 10 million sq km. The other is Asgardia, which has some 246,000 citizens, but physically exists for now only in the form of a 6lb (2.7kg) … Read more

First they came for Alex Jones… Now Facebook bans Venezuela news site

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Days after the purge of Alex Jones from social media, Big Tech seems to have found another suitable target for apparent censorship. Facebook suspended the page of a prominent leftist news site writing about Venezuela. Venezuelanalysis.com, a left-leaning news site that writes from a pro-Bolivarian revolution stance, has been around since 2003. Critics, including the … Read more

Saudi Arabia’s PIF and SoftBank Not Interested in Tesla Buyout

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Two often-cited suspects are axed. So where’s the “secured” funding supposed to come from? The whole scheme kicked off when Tesla CEO Elon Musk tweeted during trading hours that he was “considering” taking Tesla private, “Funding secured,” which caused the already ludicrously overvalued shares to spike. Later he added, “Investor support is confirmed.” But … Read more

Redfin Stock Crashes 22% – Redfin CEO “significant slowdown” in home sales.

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via marketwatch: Redfin stock dives after top exec says sudden downfall is expected to continue in August and September The housing market hit a sudden and “significant” slowdown in the past few weeks that could continue in coming months, Redfin Corp.’s chief executive said Thursday afternoon. The real-estate brokerage and website company announced second-quarter earnings Thursday afternoon … Read more