States drowning in ‘irretrievable’ debt

by

via foxbusiness: Connecticut may be the richest state in the country, on a per capita basis, but it’s racked up a sizable debt worth more than $53 billion – and it could be taxpayers who are forced to bail out the Constitution State, according to the former governor of Indiana. “Someone’s going to the barbershop,” Mitch Daniels, … Read more

Benefits of Peer to Peer Lending

by

Image: Pixabay.com Peer to peer lending is getting more popular these days. This is where you don’t have to borrow money from a huge bank or lending firm. Instead, you can get money directly from another person with the help of a third party organization. The process is a lot faster. Everything can be done … Read more

SHOCK VIDEO: ILLEGAL ALIEN SITTING ON GOVERNMENT BOARD GETS POLICE ESCORT TO HIS CAR

by

  https://www.youtube.com/watch?v=UKLpZ5PV33Y UNBELIEVABLE. Their first act getting into this country is to break our laws. They then put themselves in position where they are telling us what laws and rules WE have to follow. WHAT UTTER HYPOCRISY!!!! How can they expect people to follow the rule of law when they do not? And who are … Read more

The Fed Is Not Questioned Enough

by

Jul 27 – Joining us on FS Insider is Christopher Whalen, Chairman of Whalen Global Advisors LLC. He asserts that the President is correct to question the Fed and that the Fed is not getting questioned enough. He reasons that…

Tech Rally Getting Thinner

by

by Dana Lyons Recent new highs in the tech sector have occurred on decreasing participation. For the most part, the rally off of the early 2018 correction lows has occurred on strong breadth, or widespread participation from individual stocks. We are starting to see some potential signs of a change in that trend this week, however. … Read more

DOW / GOLD – A 98% FALL NEXT

by

by Egon von Greyerz “The winner takes it all, the loser standing small” (an Abba song) is the next phase in the world economy. Sadly there will be few real winners since the world and its people will be the loser in the coming phase of destruction of asset values, implosion of debts as well as … Read more

Fake News & Their Conspiracy with the Deep State Exposed

by

by Martin Armstrong QUESTION: Did the Deep State indict the Russians to sabotage the Trump Putin summit? The Daily News seems to be cheering World War III. What is going on? ANSWER: The Justice Department DELIBERATELY indicted Russians they can never put on trial and it was done days before the summit to intentionally disrupt it and set the fake news up … Read more

Here’s How Systems (and Nations) Fail

by

by Charles Hugh-Smith These embedded processes strip away autonomy, equating compliance with effectiveness even as the processes become increasingly counter-productive and wasteful. Would any sane person choose America’s broken healthcare system over a cheaper, more effective alternative? Let’s see: the current system costs twice as much per person as the healthcare systems of our developed-world competitors, a medication … Read more

U.S. Trade Wars Enter Dangerous New Phase

by

From Birch Gold Group The trade war between the U.S., China, EU and other countries has been heating up for a few months now. Here are some revelations about this trade war (so far), specific to China: A trade war will likely help China. China will fight back vigorously if it keeps escalating. China has a nuclear option they haven’t used … Read more

Former Wall Street Trader: Save Until It Hurts

by

BY JARED DILLIAN Financial folks tend to overcomplicate things. Their jargon is an impenetrable wall of confusion to new investors. Let me uncomplicate things for you. For most people, all you need is a bank account. Let’s unpack this a bit. You are reading this note because you are a professional or semi-professional or serious investor. Most people … Read more

Facebook – Ghosts of Bubbles Past

by

by Jesse “This is how Ron Chernow correctly described what was happening for New York Times’ readers on March 15, 2001: ‘Let us be clear about the magnitude of the Nasdaq collapse. The tumble has been so steep and so bloody — close to $4 trillion in market value erased in one year — that … Read more

Meet Your New Self-Driving Chauffeur To Walmart

by

by stockboardasset Alphabet Inc’s Waymo, an autonomous car company, could have just unlocked a rather displeasing future for the heavily indebted consumer, one where corporate America uses self-driving vehicles to herd the bottom 90 percent to brick and mortar retail stores. In fact, this is now a reality, as Waymo and Walmart have launched a pilot program to … Read more