First Corporate Bankruptcy in China & How the Central Bank is Addressing the Problem

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by Martin Armstrong The the first debt bankruptcy of a major corporation in China has now taken place here on schedule in 2018. This first bankruptcy of a major corporation was due to over-indebtedness which occurred in the current year. The South China Morning Post reported that coal company Wintime Energy has been forced to cease operations after … Read more

Hillary Clinton Admits She Met Secretly With Putin in 2014

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by Thinker https://youtu.be/9Zy1lqErajM Former Secretary of State Hillary Clinton bashed President Trump over his meeting with Russian President Vladimir Putin last week, but failed to mention she also bonded with Putin in 2012 over Siberian tigers. In her memoir “Hard Choices,” Clinton explained her meeting with Putin in Moscow, where she asked him what he’s … Read more

Breaking Bad Wolf Veteran police officer, Mark Dougan left law enforcement to expose the rampant corruption he had witnessed within the Palm Beach County Sheriff’s Office.

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After Dougan left law enforcement, he started a website which allowed users to anonymously report and discuss corruption in Palm Beach County. A photographer met up with him and provided photos of numerous PBC Sheriffs Office members with a naked prostitute on a golf course–some of the members even groping the prositute (one of those … Read more

$800 to use a sink: Family outraged by ER overcharge

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LAS VEGAS (KTNV) – Overbilled and underserved. That’s how a local family describes their recent visit to a hospital emergency room. Chief investigator Darcy Spears reports on why the family says they got better medical care at a gas station. When Brianna Lee isn’t playing soccer, the nine-year-old girl scout likes to help her parents, … Read more

Democratic Socialists Are Running 42 Candidates In 20 States On Federal, State And Local Level For 2018 Elections

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by Geoffrey Grider Republicans are encouraged by the rise of democratic socialism — for a far different reason. They have seized on what they view as a leftward lurch by Democrats they predict will alienate voters this fall and in the 2020 presidential race. The Democratic Party thinks their big battle this year is with the … Read more

JP Morgan Predicts Tesla Shares Will Plunge More Than 40% Before The End Of The Year

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via Tae Kim | @firstadopter Tesla shares will fall dramatically the rest of this year due to its high valuation and rising competition, according to J.P. Morgan. The firm reaffirmed its underweight rating on Tesla shares, saying other automakers may price their electric cars aggressively. Tesla has a “highly differentiated business model, appealing product portfolio, and leading-edge technology, which … Read more

What Did World Leaders Study at School?

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by visualcapitalist When it comes to the extremely challenging job of running a nation, a university education can help in setting up a leader for success. The vast majority of heads of government have some sort of post-secondary education – 83%, in fact – but their areas of study vary greatly. Some leaders, like Alain Berset … Read more

SILK ROAD BLUES: China’s Global Building Spree Runs Into Trouble in Pakistan. “To fund a 70-nation infrastructure initiative, Beijing has been extending loans in opaque deals often contingent on using Chinese contractors.”

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via WSJ: Financed and built by Chinese state-run companies, the soon-to-be-finished overhead railway through Lahore is among the first projects in China’s $62 billion plan for Pakistan. Beijing hoped the $2 billion air-conditioned metro, sweeping past crumbling relics of Mughal and British imperial rule, would help make Pakistan a showcase for its global infrastructure-building spree. … Read more

Gowdy: If There Was Evidence That President Trump Committed Any Crime, “Adam Schiff Would Have Leaked It”

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Rep. Trey Gowdy told FNC’s Bret Baier on FOX News Sunday that while there are documents he has not seen, he knows that if there were any evidence that President Trump committed any crime with regard to Russia “Adam Schiff would have leaked it.” Schiff, the top Democrat on the House Intelligence Committee, said this week that … Read more

DNA collection all the rage

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by bringsmemes ” Sound paranoid? Consider the case of Google. (One of the founders of 23andMe, Anne Wojcicki, is presently married to Sergei Brin, the founder of Google.) When it first launched, Google billed itself as a faithful servant of the consumer, a company devoted only to building the best tool to help us satisfy … Read more