Coming soon: a world of pervasive NIRP and QE by all central banks as they do everything in their power to prevent the zombie system, which now only exists thanks to incremental debt, from collapsing.

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“All cost of capital globally, eventually, will have to go negative and the reason is very simple: it’s the degree of leverage and financialization that we have globally. Pretty much every country now needs 3 to 4 dollars of debt for every incremental dollar of GDP that they generate“, which in turn is a function of the … Read more

White House latest budget projections call for a 2019 Federal budget deficit over $1 trillion.

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by warrenfgerald Economic growth is not turning out to be as robust as originally estimated so 2019 appears to be primed for a massive federal budget shortfall. This is concerning for several reasons…. 1) We are currently in an economic expansion. This is the time for fiscal restraint to have a rainy day fund set aside … Read more

Famous Last Words

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BUBBLES AND NOT BUBBLES Chart via @Silver_Watchdog WoW–> “Shiller P/E based on NIPA profits. Stocks are a bargain,” h/t @GS_CapSF “Distorted US yield curve still a warning sign for the economy,” h/t @CapEconMarkets $SPX $NFLX Search Phrase “inverted yield curve” highest since right before the 2008 Crash — no wonder WH & Fed are freaking … Read more

When you fear losing money, you panic sell. When you fear missing out, you chase trends too late. – Missing out on 40% and locking in gains? Or Lose 50-70% and then need 100-233% to BREAK EVEN, years later?

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MATH LESSON #investing Be early and miss 30% gain? Or Be late and lose 50-70% of entire portfolio. Missing out on 40% and locking in gains? Or Lose 50-70% and then need 100-233% to BREAK EVEN, years later? I love these guys that tweet at me that “we’re at all time highs” in the #StockMarket … Read more

Paris Climate Accord Failure / CA Supreme Court Removes State Split Measure / Facebook’s Free Speech

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Today we are talking about the Paris Climate Accord, and how the US ended up emitting fewer emissions following pulling out of the agreement. Also, the California Supreme Court has ordered the removal of the measure to vote to split California into three states, and Zuckerberg is facing criticism for allowing free speech on Facebook. … Read more

“That’s a Super Dangerous Place to Be”: CEO of JPMorgan Asset Management

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter When central banks distort the markets, risk disappears from view. “You could have a bunch of walking-zombie companies and you don’t even know it,” explained Mary Callahan Erdoes, CEO of JPMorgan Asset Management, on Wednesday at the Delivering Alpha Conference in New York. “That’s a super dangerous place to be,” she … Read more

Financial Terrorism In The UK – Collusion between Government, Regulators & Two Bailed-Out UK Banks

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by GoldCore Scottish businessman, Neil Mitchell has waged a long battle for justice for UK victims of RBS, the UK taxpayer owned bank that was found to have forced viable businesses into bankruptcy. Mitchell suspects the bank may have also practiced such tactics in America and he tells the Keiser Report about this and how he … Read more

Revenge Of The Zombie Companies – Mike Maloney’s Early Warning Presentation

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The S&P 1,500 is a very broad index. In fact, its constituent companies represent over 90% of the entire market cap of all US stocks. And, a frighteningly increasing number of them are the walking dead. By design, the companies that index does not include are the smallest, riskiest, most-likely-to-fail public companies. So you’d think … Read more

Congressmen Dana Robacker both left and right neocons pushing Trump towards war with Russia

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Rep. Dana Rohrabacher (R-Calif.) on how both Republicans and Democrats criticized President Trump over his press conference with Russian President Vladimir Putin. Ron Paul: We Can Tell Trump-Putin Summit Was A Success Because “Neocons Aren’t Very Happy” Former Congressman Ron Paul and co-host Daniel McAdams discuss the president’s summit with Russian President Vladimir Putin and … Read more

We went to war with Iraq without any evidence of WMDs. Now we are under threat of going to war with Russia without any evidence of Collusion. The same man is responsible for both.

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They dragged this lying SOB out to justify Iraq and now they are pinning their hopes on him again. Pathetic. Do they think we have goldfish memories. It was attorney Jeffrey Marty, who at American Lookout.com, compiled a long list of scandals casting shadows over Mueller. The following are a few of the better-known: Some $12 billion … Read more

Can Poor Get Rich? Left Wing And Right Wing Theory VS Statistics Jodie Foster

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https://www.youtube.com/watch?v=XmTx7n5mfGk References: https://en.wikipedia.org/wiki/Wealth_in_the_United_States#/media/File:1-US_Household_Wealth_-_Real_and_Nominal.png https://en.wikipedia.org/wiki/Economi… http://fredericbastiat1850.blogspot.c… https://www.entrepreneur.com/article/… https://www.fa-mag.com/news/most-mill… Quote I want to explore this idea, because this is an assertion and we live in a time where we have statistics and data on many things, so it’s a time where opinion can be driven by fact rather than ideology which is of course what drove Karl … Read more