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by DCG I wonder how much of his $450 million net worth he’s given away to address income inequality? From CNBC: Facebook co-founder Chris Hughes thinks the government should give cash handouts to people with the lowest incomes in order to fight income inequality. And he thinks the money should come from higher taxes on wealthy individuals and even big tech … Read more
https://www.youtube.com/watch?v=kr4uHB9dtvM I’m sorry, but that’s not going to save the EU. The EU is beyond repair. Europe would be wise to create a nation of States but not based on the EU as it is. RM
by Kerry Lutz Financial Survival Network The media continually informs us that there’s a crisis at the US southern border. However, little is being done about it. President Trump has his ideas and the Congress appears completely unwilling to act. Parts of the Wall are being built, but it can’t happen soon enough to quickly … Read more
https://www.youtube.com/watch?v=Ku7m1_bYjkw Rudy: Mueller Needs To Provide Factual Basis For an Interview With the President. https://www.infowars.com/giuliani-mue…
via mybudget360: While the news headlines seem uniform in their championing of the employment market we have another stat that shows an interesting story. There are now a record 95.5 million Americans that are not in the labor force. These are people that for all intents and purposes, are no longer considered part of the employment market. … Read more
1. There’s a difference between real personal, household and family #income. Personal = 1 person Household = 2 people, typically Family = 4 people 2. PERSONAL = $31,099 Increased a paltry $7,000 in like 50 years. This is the income to compare to household income of the 1960s. Why? 3. Because less than 1/4 households … Read more
https://www.youtube.com/watch?v=pMV93UKQQfE Is she back? Talk emerges that Hillary Clinton is plotting her 2020 comeback and prepping to take on Donald Trump a second time http://www.dailymail.co.uk/news/artic…
The economic history of the world in one minute pic.twitter.com/k2wgPKJJj1 — Vala Afshar (@ValaAfshar) July 7, 2018
by Brian Maher via Daily Reckoning We should have known better… for the gods are eager to punish hubris. On May 17, we forecast the S&P would take a good tumble two weeks later, May 31. We were magnificently, triumphantly correct — the S&P dropped 19 points that day. Inflated by success — or deceived by … Read more
While blockchain technology has a couple of years under its belt, not many people fully understand what it does or what it has the potential to do. IGaming, on the other hand, has the benefit of being around for decades, causing parents grief as they try to disconnect their children from electronic devices and giving … Read more
Global trade frictions expected to amplify financial volatility, State Information Centre says via RTRS The official China Securities Journal quoted the State Information Centre (SIC) as saying the Chinese economy was likely to experience a mild slowdown in the second half of the year as financial market risks become “obvious” and demand was expected to decline. The … Read more
by stockboardasset When Netflix published its third-quarter earnings last October, Ted Sarandos, Netflix’s chief content officer forecasted it would spend roughly $7 billion to $8 billion on original content in 2018. The Economist, quoting a recent Goldman Sachs equity assessment, states that Netflix could spend $12 billion to $13 billion on original content, which is more than … Read more
by Visual Capitalist Courtesy of: Visual Capitalist Modern media does not always have the best reputation for providing complex and nuanced commentary. The news cycle is sensational enough when we’re dealing with the regular issues of the day. But add in some uncertainty and urgency – such as when the world is dealing with an outbreak like … Read more
via bostonglobe: BOSTON — Non-US citizens living in the country legally may one day be allowed to vote in Boston elections. The City Council is holding a hearing Tuesday on the idea at the request of Council President Andrea Campbell. The council is considering ways to make city elections more inclusive, including allowing immigrants with legal … Read more
This *FACT* was triggering too many liberals and red pilling too many normies so Wikipedia now pretends that Michigan voters didn’t really count – Rewriting history to preserve the narrative! This is their own primary! There is zero way they can blame problems on anyone but themselves! … yet they’re disputing the results – and … Read more
https://www.youtube.com/watch?v=A-FgeXMMPno Torrential downpours slammed southwestern Japan Saturday, causing treacherous flooding that has left 88 people dead and 58 missing, according to the Associated Press. People fled to rooftops and balconies to keep above rising waters, waving to hovering helicopters for rescue. Footage showed a residential area in Okayama prefecture inundated in brown water, spreading quickly … Read more
Wolf Richter with Jim Goddard on This Week in Money: A wide-ranging interview on the auto industry, plus how mortgage rates impact housing markets in the US and Canada, and how the brick-and-mortar meltdown is hitting the mall segment of commercial real estate
by Charles Hugh-Smith I know it hurts, but the reality is painfully obvious: the USA is now a 3rd World nation. Dividing the Earth’s nations into 1st, 2nd and 3rd world has fallen out of favor;apparently it offended sensibilities. It has been replaced by the politically correctdeveloped and developing nations, a terminology which suggests all developing nations are on the … Read more
https://www.youtube.com/watch?v=5B7H7A8VWRE This sounds rather trite and simple and perhaps it is. But nothing could be more true than this most evident gravamen.
Do you believe we have been programmed all our lives? You think you’ve purchased something because you enjoy it, because you desire it, because you it keeps you safe. But in reality, you have been programmed. Nobody likes to feel this way and will surely deny it but yet, every day, it’s the truth. Wake … Read more