Multi-Decade Outsourcing Boom Comes to Sticky End in the UK

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After scandals, collapses, and the government’s off-balance-sheet debt. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The United Kingdom, widely considered to be the birthplace of the modern incarnation of the public-private partnership (PPP), in which private firms are contracted to complete and manage public projects, could be one of the first countries to … Read more

Next Central Bank Puts QE Unwind on the Calendar

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The end of an era spreads. Markets were surprised today when the Bank of England took a “hawkish” turn and announced that three out of nine members of its Monetary Policy Committee – including influential Chief Economist Andrew Haldane, who’d been considered dovish – voted to raise the Bank Rate to … Read more

Just Over The U.S. Border, A Once Mighty Nation Is In The Process Of A Complete And Total Societal Meltdown

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by Michael Snyder What would the United States look like right now if 113 political figures had been gunned down since last September?  Well, that is precisely what has happened in Mexico.  Once upon a time, Mexico had a thriving economy and a very stable government, but now the nation is devolving into a Mad Max … Read more

Trump and Melania Troll Fake MSM

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“I REALLY DON’T CARE, DO U?” written on the back of Melania’s jacket, refers to the Fake News Media. Melania has learned how dishonest they are, and she truly no longer cares! “I REALLY DON’T CARE, DO U?” written on the back of Melania’s jacket, refers to the Fake News Media. Melania has learned how … Read more

Bumpiness Signals Weakness

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by Tom McClellan After bottoming on April 3, the DJIA’s Price Oscillator has been making a bumpy up move. That is important because bumpiness or smoothness of a move carries important information. Our Price Oscillator is calculated using the same math as the McClellan A-D Oscillator, by finding a difference between two exponential moving averages (EMAs).  … Read more

Baby Boomer Pensions Are Doomed

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BY JOHN MAULDIN There’s been a wave of public school teacher strikes around the US. It started in West Virginia and spread to Kentucky, Oklahoma, Arizona, and elsewhere. Pensions have been an issue in all of them. Demographic and economic reality says that younger teachers won’t get anything like the benefits they see current retirees receiving. And it’s … Read more

The Russian Collusion Paradox

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by SomeoneLikeYouToo First of all, we know for a fact, without a doubt that Hillary Clinton colluded with Russian agents and other foreign spies in order to obtain allegedly damaging information against her political opponent in the 2016 election. This part is not up for debate. Hillary Clinton colluded with Russian agents and paid them … Read more

Russia Warns That Trump’s Space Force Could Trigger Next Cold War

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by stockboardasset Russian foreign ministry Maria Zakharova on Wednesday expressed alarm over President Donald Trump’s order for the Pentagon to “immediately” establish a “space force” as an independent service branch. She informed reporters that Moscow is closely examining Washington’s plan to weaponize outer space. Russian Foreign Ministry spokeswoman Maria Zakharova addressing reporters on Wednesday. (Source: Albert Dzen/TASS)  Here is … Read more

Immigrant children held at Government-funded treatment center forcibly injected with strong psychotropic drugs

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With news stories breaking out of people involved with NXIVM and DynCorp being involved in the Trump Administration I would keep my eyes on these kinds of stories. What better targets than immigrant children ripped from the arms of their parents and forcibly drugged. This is disgusting and illegal and deals with issues outside of … Read more

China Might Be Ending Its Child Limit. Here’s Why.

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China’s message for couples after decades of limiting families to just one child? Please have more children! Why the turnabout? China’s aging. By 2040, projections show that 24 percent of the population will be aged 65 or older, a slightly higher rate than in the U.S. and more than twice India’s share.

Peterson on ‘Toxic Masculinity’ Training in Kindergarten: ‘Appalling’ That Schools Are ‘Pushing This Nonsense’

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Via Fox Canadian psychologist Prof. Jordan Peterson shared his views on a University of Wisconsin-Whitewater professor’s argument that “toxic masculinity” should be taught to children as early as kindergarten. Kathleen Elliott argues in an issue of “On The Horizon,” an academic journal, that there are “consequences of simplified, toxic forms of masculinity in schools and society.” … Read more

Deutsche Bank’s Stock Down 91.5% to New Lows

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By Harry Dent A few years ago, I wrote an issue for Boom & Bust outlining the biggest problems in the Eurozone after the QE-stimulated recovery that saved the banks and financial system from going under. The point made was that Italy was still bankrupt at the banking level, and in dangerous levels of public debt. Deutsche … Read more