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by WARREN MOSLER Just a reminder (from 2015) as to why claims are this low: This is not population adjusted: We haven’t yet to recover from the last recession, in my opinion due to an ongoing lack of demand: Highlights The FOMC said yesterday that household spending has picked up and indeed it has. Retail … Read more
via independent.co.uk: Netflix has introduced new anti-harassment training in the wake of the #metoo movement that rocked Hollywood and seriously disrupted production on its House of Cards show. New rules imposed on set reportedly include no looking at anyone for longer than five seconds, no lingering hugs, no flirting and no asking for a colleague’s phone number. “Everyone was spoken to … Read more
Authored by Brendan Brown via The Mises Institute, Demand for financial engineers rises and falls with asset inflation. So there is nothing odd about these professionals now enjoying a good market for their services. But why is Big Tech such a large recruiter? The art (not science) of financial engineering – camouflaging a rise in … Read more
via news.com.au: In 1870, gold was worth, on average that year, $18.93 per ounce. Today the gold price is chopping around the $1,300 per ounce level. That’s a 6,767% total gain. Impressive, sure, but that’s over a long time, almost 150 years. How has an investment with gold kept pace with inflation? According to the Bureau of … Read more
by Chris Black President Trump tweeted yesterday that the news coverage by the “usual suspects” (read WaPo, CNN, ABC, CBS, NYT etc.) of the Singapore summit with North Korea’s dictator Kim Jong-un has been so negative, so dishonest and so distorted, that he said: enough is enough. He further tweeted that the biggest enemy America … Read more
by Simon Black This morning I had the pleasure of being buried in a mountain of paperwork– the penalty for trying to do basically anything in the financial system these days. It seems that everything, from sending a wire transfer to establishing a new account, comes with endless bureaucratic hoops to jump through as you’re forced … Read more
12 Things You Need To Know About The Inspector General’s DAMNING Report on The FBI’s Hillary/Trump Conduct. FBI Agents Lisa Page and Peter Strzok Texted About Stopping Trump. As already reported, Strzok texted Page that he would “stop it” – it being Trump’s election. This is a damning indictment of his political bias. The IG report found that … Read more
BY JOHN MAULDIN The Institute of International Finance (IIF) has released a worrisome report about the state of global debt, which includes this note about US corporate debt: US non-financial corporate debt hit a post-crisis high of 72% of GDP: At around $14.5 trillion in 2017, non-financial corporate sector debt was $810 billion higher than it … Read more
by Martin Armstrong QUESTION: Hi Marty, Two questions: 1. When the Canadians said they never look at “those things,” what “things” are they talking about? 2. I always like lowering taxes, if the remaining revenue will be spent wisely. (In our dreams). But as a lawyer in the Austin area, I can assure you that … Read more
https://www.justice.gov/file/1071991/download
While I know the report is supposed to be primarily about discovery, I found the list of “recommendations” at the end to be insulting, considering most of them are basically “oh, we got caught, how can we prevent that in the future.” Any thoughts on this? • We recommend that the Department and the FBI … Read more
I would not go to Mexico if ya paid me and I used to love that place. Best beaches ever… sad MEXICO CITY – Mexicans are among the biggest soda drinkers in the world, so residents of the southern city of Ciudad Altamirano were hit hard when first Coca-Cola then Pepsi closed their distribution centres … Read more
BREAKING: IG Report: “Foreign actors obtained access to some of Mrs Clinton’s emails – including at least 1 email classified ‘Secret’” Chd Pergram Verified account @ChadPergram From colleague Catherine Herridge. Hse memo in prep for IG hrng next wk shows “foreign actors obtained access to some of Mrs Clinton’s emails – including at least 1 … Read more
Americans are spending $69 more each month to fill up their tank, according to a Triple A report. CHICAGO (CBS) — Americans are spending $69 more each month to fill up their tank, according to a Triple A report. On Wednesday, the Chicago average is $3.26 per gallon of regular gasoline. The average price is $2.999 … Read more
The Air Force’s MOST WANTED CRIMINAL, Capt. William Hughes. Held a top secret clearance, many think he defected to the Soviet Union. Withdrew the 1983 equivilent of $75,000 the day he disappeared. Where does a young AF Captain get that much money?? Even worse, almost NO mainstream media stories dare to mention that he has … Read more
From Birch Gold Group A recent 270-page report put out by The Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds is shedding light on an alarming trend. In it, the financial data indicates that both Medicare and Social Security could start “riding off into the sunset” sometime within the next two decades. … Read more
by User_Name13 via theweek: As if apartment-hunting wasn’t already hard enough. The low minimum wage in cities across America has made it almost impossible for workers to find a decent place to call home, data released Wednesday by the National Low Income Housing Coalition found. Full-time minimum wage workers can’t afford a two-bedroom apartment anywhere in the … Read more
https://www.youtube.com/watch?v=ipSMcsJTys8 American support Trump, not the RNC…let’s get that straight AC
by coloradoclimber878 Imagine the scenario in which Netflix reached the point it could not grow anymore, and simply decided to return all earnings to shareholders in the form of a dividend. As a studious investor, you know that you could comfortably purchase a 10 year treasury and receive 2.95% per year. Since the treasury is … Read more