Germany willing to cut tariffs on US cars, lifting automakers’ shares

Germany’s chancellor said Thursday she’s willing to back lower tariffs on U.S. auto imports as a potential European Union (EU) concession to the Trump administration – just one day after CEOs of Germany’s biggest carmakers reportedly voiced support for eliminating such tariffs entirely. Angela Merkel said she would be ready to support lowering the tariffs, though the … Read more

Is This Why Tesla Executives Are Fleeing?

Via AdventuresInCapitalism.com I originally started following Tesla (TSLA – USA) as I felt it was a structurally unprofitable business nearing a cash crunch as hundreds of competing products were about to enter the market. As I’ve studied Tesla more closely, I’ve come to realize that Elon Musk appears to be running a Ponzi Scheme disguised … Read more

No Sustainable Recovery – US Household Income and Income Inequality – The Men Who Sold the World

by Jesse   “In progressive societies the concentration [of wealth] may reach a point where the strength of number in the many poor rivals the strength of ability in the few rich; then the unstable equilibrium generates a critical situation, which history has diversely met by legislation redistributing wealth or by revolution distributing poverty.” Will … Read more

Google’s ‘Arbiter of Hate Speech’, SPLC Forced to Pay $3M for Falsely Labeling People as ‘Extremist’

via thefreethoughtproject: Montgomery, AL – After being sued in April by Islamic reformer Maajid Nawaz and his organization, the Quilliam Foundation—over being listed as an “anti-Muslim extremist” in the Southern Poverty Law Center’s “Field Guide to Anti-Muslim Extremists”—the SPLC has announced that they reached a settlement with the liberal Islamic reformer, agreeing to pay Nawaz and Quilliam $3.375 million “to … Read more

There really is a left-wing media conspiracy: Another secret journalist group discovered

by Dr. Eowyn The Mainstream Media like to make fun of conspiracy theories. Never mind the facts that: The CIA invented the “conspiracy theory” label to denigrate Americans skeptical of the official narrative about the assassination of President John F. Kennedy. There really are conspiracies. An example is a real Kennedy administration-era government conspiracy of breath-taking … Read more

The Top Is In, The Consumer Is In Bigly Trouble, Copper Is Telling Us That The Global Synchronized Central Bank Induced Growth Is Now Dying

$DJIA has been lurking just under 200MA for the past 7 trading days. That MA had previously acted as support. If DJIA starts downward from here, that means lurking is over and the downtrend is getting going for real. DON’T BE FOOLED. The consumer is in BIGLY trouble. “Net worth” is an imaginary number. Numbers … Read more

RED ALERT: Wilshire 5000 To GDP Ratio At All-time High, Markets Are Churning at the Fastest Rate Since 2008, Financials Look Pretty Bleak…

The Justice Potter Stewart Bubble: Wilshire 5000 To GDP Ratio At All-time High US Supreme Court Justice Potter Stewart once stated that with regard to obscenity, “I know it when I see it.” The same goes for asset bubbles. I know one when I see it. The Wilshire 5000 stock index to nominal GDP ratio is … Read more

Global Bubble Mentality

– Interest Rates Cannot Rise Because It Will Cause A Recession Sorry, rates are unsustainably low and bond yields as well. Rate hikes are urgent and healthy. If “growth needs zero interest rates” and massive debt, why is growth so poor??? Global Bubble Mentality: – Interest Rates Cannot Rise Because It Will Cause A Recession … Read more

Growth In Trade Is Already Starting To Slow

via Mike Bird and Riva Gold Even before a round of U.S. tariffs levied on China comes into force Friday, there are signs that global trade is already cooling. Business surveys published this week show that global export growth, strong in 2017, has slowed to a relative crawl—helping to drive sharp stock-market falls in big exporting nations like South … Read more

US DEBT EXPLOSION & WEIMAR II

by Egon von Greyerz Can investors really be that wrong? Global risk is today greater than ever in history and at the same time the great majority of investors show no fear at all. There are so many potential catalysts that could shake the world economy out of its sweet dreams into a living nightmare that … Read more

Testing Tolerance: Swedes are saying enough…

https://www.youtube.com/watch?v=dU8SoW_dTRo At the height of the immigrant influx into Europe in 2014 and 2015, Sweden with a population of 6.7 million, accepted 244,178 asylum seekers – by far, the highest rate per capita in the EU. Since then the rate of violent crime has soared, particularly sexual assault cases.

Another reason to avoid smart homes: Harassment and abuse via your devices

by DCG From Yahoo (via Engadget): The New York Times recently published a reportthat revealed a disturbing trend of harassment and domestic abuse via internet-connected devices. In addition to using them to stalk and monitor their victims, abusers are also doing things like changing door-lock codes, turning lights on and off and boosting the thermostat to unbearable heat. In short, making their victims … Read more