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by Martin Armstrong QUESTION: Mr. Armstrong, what were the gold custom units issued by the Bank of China with the image of Sun Yat-sen. PHR ANSWER: The Customs Gold Unit (CGU) was a currency issued by the Central Bank of China between 1930 and 1948. On May 1, 1930, the Central Bank of China put in circulation notes … Read more
The awakening has begun. AC
https://www.youtube.com/watch?v=hqdyyHJb_SE Almost 15,000 descendants of South Africa’s white colonists are thinking of moving to Russia. They are ready to make a contribution to the farming development of the South of Russia, to invest their money in the Russian economy, and give English lessons. At the first stage, about 30 families are going to migrate.
via spectator: But however skewed Rasmussen’s poll sample might be, that 74 percent number indicates the Democrats are in serious trouble if they actually believe a far-left push is the key to winning those mid-term elections. It isn’t. It is a complete invitation to disaster. The Rasmussen poll isn’t the only one recently offering an indication … Read more
Interesting chart from Citi’s Matt King. Looks like a small Chinese credit crunch after the gargantuan post-crisis borrowing binge. probably not good EM FX crush to signal spillover in 2H18?
Not only did the majority of US #households become dual #income, but home prices went parabolic So a home went from 2-3x one person’s income, to 5-6x two people’s income All part of the illusion… HOMES ARE NOT ASSETS-THEY ARE CONSUMER GOODS Using the #CPI measure of #inflation (flawed metric), the median home purchased in … Read more
Global Debt Just as rates rise and money supply growth moderates… … Global debt to EBITDA reaches multi-year highs.
Despite unprecedented #ZIRP for nearly a decade, personal interest payments remained sky high. Interest payments now exceed previous 2008 peak. Chart from @dlacalle_IA 1/Convince teens they need college (they don’t) 2/Make predatory loans to non-creditworthy young adults 3/Risk only to borrower & taxpayer, college is only beneficiary 4/Create system of debt slavery 5/Everyone blames everyone … Read more
Excellent article that spells out the current “big picture” global financial/economic situation Fiscal stimulus raises the odds of an inflation overshoot, prompting the Fed to lean more hawkish than they otherwise might. Meanwhile, the deluge of Treasury supply needed to fund that stimulus is colliding with Fed balance sheet rundown to create a dollar liquidity … Read more
from Zero Hedge While President Trump wages a trade war with China that could soon impact every Chinese-made product entering the US, the owner of a Chinese factory has confirmed to the Hill that he’s been hired to produce flags for Trump’s 2020 presidential campaign. The factory owner, Li Jiang, runs a flag-making factory in China’s Zhejiang province … Read more
by SatyapriyaCC Here’s a list of all the pages I know of which have been deleted or unpublished indefinitely: Collectively Conscious (915K followers) – Deleted on June 13th, 2018. Natural Cures Not Medicine (2.3M followers) – Deleted on June 11th, 2018. I Want to Be 100% Organic (700K followers) – Deleted on June 13th, 2018. … Read more
Published on Jan 10, 2012 In a speech in New Hampshire, Ron Paul praises the diversity of his supporters insisting it is “freedom” and “liberty” that brings people together.
by shadow332 Netflix is removing their user ratings. The streaming service began notifying members who’ve used the feature recently that they will no longer be able to write reviews by the end of July. Come August, the reviews will disappear altogether. “This feature is only offered on the website and has seen declining usage over time,” … Read more
by DCG Unhinged proggie Martin Astrof Wonder if Maxine Waters inspired him? From Fox News: A New York man nearly ran over a campaign volunteer at a Long Island congressman’s re-election headquarters Friday after threatening to kill supporters of the lawmaker and President Donald Trump, police said. Martin Astrof, 75, was arrested outside his home shortly afterward … Read more
When rates start to go up, look out below. Mannarino explains, “You are going to have central banks do whatever they can to attempt to stop the bleeding. That means they are going to be the buyer of last resort. They will get in there and try to buy everything, and that will melt the … Read more
via newrepublic: Rising wages horrify CNBC but delight everyone else. On Thursday, the business news network tweeted: America’s labor shortage is approaching epidemic proportions, and it could be employers who end up paying. https://t.co/b1O21856sl — CNBC (@CNBC) July 5, 2018 In defense of CNBC, rising wages are a problem from the point of view of … Read more
https://www.youtube.com/watch?v=XwLqrWRB4dg Our free speech it a threat to their power.
by Thinker Change is happening all over the world and what is the fear of Trump meeting up and having a talk with Nigel Farage. What does the U.K. government fear? https://youtu.be/4CNn9CLxQFs Don’t live in the U.K.? Don’t know Nigel Farage? Well, he is like a Donald Trump and doesn’t have a problem speaking his … Read more
by Thinker Those that took money have to come out and defend themselves against the righteous. It’s now clear that anyone who is attacking the sitting president Donald Trump has something to hide and afraid of what will be found. Rep. Maxine Waters: I will ‘take Trump out’ Black Americans who listen to Maxine Waters, … Read more
