The Fantasy of “Balanced Returns” Funding Retirement

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by Charles Hugh-Smith Consider how a “balanced portfolio” yielding “balanced returns” worked out for middle class retirees in Venezuela. The fantasy that a “balanced portfolio” yielding “balanced returns” will fund a stable retirement for decades to come is widely accepted as a sure thing:inflation will stay near-zero essentially forever, assets such as stocks and bonds … Read more

The Real Difference Between Minimum and Full Coverage Car Insurance

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by howmuch Driving can be extremely dangerous. Even though most car trips are uneventful, the National Highway Traffic Safety Administration reports that in 2015, the latest year for which full data is available, there were nearly 6.3 million crashes reported to the police, more than 32,000 of which were fatal. These statistics highlight how important it is … Read more

US Consumer Will Determine Severity of the Next Recession

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via WallStreetOnParade : Total U.S. Household Debt and its Composition as of First Quarter 2018 (Source: NY Fed)   By Pam Martens and Russ Martens: August 6, 2018 ~   Approximately two-thirds of U.S. gross domestic product (GDP) derives from the consumer. Without financially healthy consumers, the economy cannot prosper. In a July 30 interview on the cable … Read more

Brexit Is a Sidelight and the EU Will Collapse Regardless

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via truepublica.org.uk: By TruePublica: It is impossible for anyone who even occasionally visits the news to ignore just how dramatically the world has changed in the last 10 years. The epicentre of the crumbling world order that we have all known was the global financial crisis. It literally shook the foundations of the Western world and the institutions … Read more

Credit card rates are now higher than they were at the peak of the last cycle despite CC lending standards is now the highest since 2008 great financial crisis

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Credit card rates are now higher than they were at the peak of the last cycle: pic.twitter.com/54RBTFJHGh — Jesse Felder (@jessefelder) August 7, 2018 I wonder what this graph would look like if personal loans and line of credit were added to it…it’s getting scary folks. Ultimately, the populous thought 0% interest rates were here … Read more

Elon Musk could face civil and criminal penalties if it is found he didn’t secure financing at the time of his tweet about taking Tesla private, the former SEC chair says.

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Elon Musk could face civil and criminal penalties if it is found he didn't secure financing at the time of his tweet about taking Tesla private, the former SEC chair says. https://t.co/0MPJPEqMl0 — CNBC (@CNBC) August 8, 2018 Elon Musk could face civil and criminal penalties if it’s found that he didn’t secure financing at … Read more

Housing Bubble 2.0: Red Flags Popping Up All At Once. Feels Like This May Finally Be The “Big One”.

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https://twitter.com/OccupyWisdom/status/1027052686489870336 pic.twitter.com/oWy79Vtfcy — Financial Survivalism (@Sawcruhteez) August 8, 2018 The housing market has entered a recession of its own and nobody seems to notice. Mortgage apps sank 3% in the Aug 3rd week, down now for four weeks running, and the YoY trend has collapsed 17% from year-ago levels. — David Rosenberg (@EconguyRosie) August 8, … Read more

Emerging Market Massacre – China‘s Yuan Argentine peso Turkish Lira Iran Rial ….and now Ruble… Financial conditions are tightening

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China‘s YuanArgentine pesoTurkish LiraIran Rial ….and now Ruble The pain in emerging market currencies pic.twitter.com/GRQFM6v3xk — Russian Market (@runews) August 8, 2018 Emerging Markets: "The spreads of corporate bonds with the worst credit ratings in particular have hardly ever been as narrow as they are now. And spreads appear tight comparedto those of developed market … Read more

Deep State PETRIFIED After Learning What Trump is About To DECLASSIFY

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https://www.youtube.com/watch?v=V5AJy_W5c2c Cristina Laila for the Gateway Pundit reports, Look for President Trump to declassify the June 2017 Carter Page FISA renewal this month, says investigative reporter, Paul Sperry. Deputy Attorney General Rod Rosenstein and then-Deputy Director of the FBI Andrew McCabe both signed off on the June 2017 Carter Page FISA renewal–things could get interesting! … Read more

Since a lot of people ask if an emergency fund is worth it, I have a story about how mine has been coming in clutch the last month

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by JefemanG I always keep about $10k in an emergency fund just in case. It has seriously come in handy this past month alone. I was living with family when recently there was a tragic mishap that left us homeless. I had to shell out to help everybody get things sorted out and then temporary … Read more

AMAZON Quietly Stops Recommending Alex Jones Products… INSTAGRAM bans Tommy Robinson… TWITTER Suspends Libertarian Accounts

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Amazon seems to have quietly stopped recommending Alex Jones products Over the last few days we’ve seen the big tech companies make sweeping decisions about Alex Jones and Infowars. Apple took them off its podcast app; Facebook banned Jones and his associated pages; YouTube also banned the conspiracy theorist. Now it seems Amazon may have made a … Read more

Clinton Operative Christopher Steele Used RUSSIAN INTEL for Trump Dossier

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by Thinker Judicial Watch announced the FBI turned over 70 pages of heavily redacted records about Christopher Steele, the former British spy, hired with Clinton campaign and Democratic National Committee funds, who authored the infamous Dossier targeting President Trump during last year’s presidential campaign. The documents show that Steele was cut off as a “Confidential … Read more

Farmers spray Roundup (glyphosate) on their wheat fields just before harvest to kill the wheat, because this makes the grain ripen quicker and dry more uniformly for storage.

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Roundup is the UK’s most widely used weedkiller and the most popular in history However, the safety of its big ingredient, glyphosate, has since been challenged Some claim it’s linked to serious conditions including liver and kidney disease So should we be worried by Roundup and other popular glyphosate products? We eat it in our … Read more

LEAKED MEMO SHOWS DEMOCRATS PLAN TO END THE INTERNET AS WE KNOW IT. INTERNET ID

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https://www.youtube.com/watch?v=gR4rKpamIME https://reason.com/blog/2018/07/31/democrats-tech-policy-plans-leaked One thing I have not talked about and I will not go into detail is this is the 2nd time in my life where I have poured 5+ years of my life into an internet venture only to have it taken away. The first time the government was directly responsible. This time it’s … Read more

McCain is dirty

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McCain illegally fed Classified FBI intelligence to Fusion GPS and Christopher Steele to Set Up Trump Tower Meeting; FBI Brass Helped Plot Scheme Sen. John McCain brokered a clandestine and illegal deal, feeding Classified FBI intelligence to Fusion GPS and Christopher Steele to discredit Donald Trump prior to the 2016 election, according to federal law … Read more