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#China #EmergingMarkets #Gold Chart fr. ZH. The Fed has been hammering Chinese banks, that have borrowed $2T short in the offshore interbank market & lent long domestically, with higher rates & now DX. $200B tariff list clear notice of less USD liquidity. #China bank & CNH crisis on deck. #Gold
Wealthiest 20% own 84.6% of the wealth Wealthiest 20% pay 87% of the income taxes Lower 80% own 15.4% of the wealth Lower 80% pay 13% of the income taxes IMBALANCES https://twitter.com/OccupyWisdom/status/1017628063344013312
via bitguru: You may well have seen in the news the last couple of days that global debt has reached another all time high. After climbing to astonishing $247 trillion when combining public debt of around $60 trillion and non-financial sector debt of about $186 trillion. This eye watering figure also means that for the first time … Read more
Amazon acquires Whole Foods, KR down 11 %, COST down 8% Amazon acquires PillPack, CVS, WBA, RAD all down +11% Amazon considers making its own networking switches, CSCO down +4% Bubble? https://twitter.com/OccupyWisdom/status/1017568943286910976 h/t phileo99
https://www.youtube.com/watch?v=ru_eQMkYtbg Terresa Monroe Hamilton for RWN reports, Sanctuary City San Francisco has just sworn in their first black, female mayor, London Breed. She’s a Democrat and a Trump-hater of course. Speaking from the steps of City Hall, where former San Francisco mayor and California Lieutenant Governor Gavin Newsom swore her in, Breed emphasized her commitment … Read more
by stockboardasset The Treasury yield curve gets flatter every day, and some strategists expect it to invert, meaning short end yields, like that on the 2-year note, could rise above longer duration yields, like the 10-year. A flat curve is the sign of possible economic weakness, but an inverted curve signals recession and the point where … Read more
#WalkAway “A Walk Away Gen X Girl” Joy.
Rep. Buddy Carter (R-GA) told Breitbart News in an exclusive interview on Thursday about his new legislation that would prevent illegal immigrants from using Americans’ Social Security numbers, protect citizens’ privacy, and deter illegal immigration. On Wednesday, Rep. Carter introduced H.R. 6333, Tax Identity Protection Act, which would direct the Internal Revenue Service (IRS) to … Read more
https://twitter.com/RealJamesWoods/status/1017588584214228992 When your girlfriend is more important than your wife, your politics more important than your country, and your ego more important than history, The single greatest tragedy of the #StrzokPage dalliance of lust and treachery is the stain it splattered on a noble institution, the #FBI. Thousands of hard-working and dedicated public servants (agents … Read more
From Birch Gold Group A few weeks ago we reported the Fed was getting hawkish despite what they were calling “low inflation.” In that article, we showed rates possibly being raised more than 4 times in 2019. But more importantly, we warned that anyone investing in the market should start preparing to expect the unexpected. And right now, it looks … Read more
Tim Pool, Released on 7/13/18 Papa John has resigned from various positions because in a conference call he criticized racism and said the n word. Even Forbes states that this was an attempt to show antipathy for racism yet people still became angry and complained. But it isn’t just Papa john, a Netflix executive lost … Read more
via ndau Russell 2000 index -0.19% has been moving up in a sequence of five Elliott waves since 2009. This progress is coming to an end in a few months. It has completed four of the five major waves on a monthly time frame (dark blue). The fifth wave that has been in progress since 2016 … Read more
Chicago’s last Sears to close for good Sunday Mike Lord remembers treating the Sears at Six Corners as a neighborhood hangout when he was a kid. When his parents pushed to turn off the TV and get outside, he would sneak over to the store’s TV department to watch Cubs games. “It was my babysitter when I … Read more
After a series of sudden corporate collapses, audit firms face a crisis in the UK. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Deloitte, one of the so-called “Big Four” accountancy firms that have effectively cornered the global audit industry, has warned the UK government and regulators that any attempt to break up their oligopoly could … Read more
The confidence is being lost for three reasons: Crippling debt Stagnant wages High inflation U.S. consumers are feeling a bit less confident as they grow more concerned about trade wars. https://t.co/fIe9CNHtHT — Lisa Abramowicz (@lisaabramowicz1) July 13, 2018 Corporations are very confident they can add debt and buy back stock forever without repurcussion. Until they … Read more
https://www.youtube.com/watch?v=I67uuf1bE28 Peter uses logic and i enjoy his work. I actually have a GoldMoney account.. but his logic is being challenged by a non logical establishment and fed system that can manipulate financial data to move markets in favorable ways which does not need logic. ZCM
Print The Bubble. The reason why capex is poor is that QE perpetuates overcapacity. Growth is poor because QE props up unproductive government spending and -as u said- housing bubbles Debt accumulation and saver repression are not social policies. The Global Implementation Of Demand-Side Debt-Fueled Policies Has Made Crises Widespread and More Frequent. (Bordo … Read more
by Simon Black It’s been a tough week for Tesla. Bloomberg Businessweek reported Tesla factory workers were given Red Bull to stay awake to meet aggressive Model 3 production goals (and told to walk through a raw sewage spill to keep the line moving). Also, because Tesla has delivered 200,000 cars to US buyers, customer tax … Read more
