The US Is One Step Closer To Bankruptcy

UK might accept a watered down BREXIT agreement, we will see how this plays out. Consumer prices surge, we are now seeing the beginning stages of inflation. Auto lenders are becoming desperate, sales are declining and they need a way to bring people in, so they lowered their standards and extended loans. Government tax receipts … Read more

US Bank Citi Has Warned That It Could Shed Half Of Its 20,000 Tech And Ops Staff In The Next Five Years Due To The Rise Of Robotics And Automation.

by Geoffrey Grider CITIGROUP’S INVESTMENT BANK COULD AUTOMATE AS MANY AS 10,000 JOBS WITHIN THE NEXT FIVE YEARS, A CHILLING FORECAST WARNS. EDITOR’S NOTE: In the interest of full disclosure, I worked doing UI/UX design at Citibank in Jacksonville, Florida, from 2011-2013. At that time, I saw a company that was spending hundreds of millions of dollars to stay … Read more

The world’s economic crisis-fighting mechanisms are dangerously inadequate

via  Adam Triggs, Australian National University: It was only in January that the International Monetary Fund (IMF) was celebrating the strength of the global economy, heralding “the broadest synchronised global growth upsurge since 2010”. How quickly things have changed. Argentina has since sought a bailout from the IMF, Turkey is facing a potential currency crisis, Indonesia is seeing investors flee, alarm … Read more

2300+ Online Child Sex Offenders Arrested, 383 kids involved. 25,200 cases investigated by dept of justice

More Than 2,300 Suspected Online Child Sex Offenders Arrested During Operation “Broken Heart” The Department of Justice today announced the arrest of more than 2,300 suspected online child sex offenders during a three-month, nationwide, operation conducted by Internet Crimes Against Children (ICAC) task forces. The task forces identified 195 offenders who either produced child pornography … Read more

MERKEL ON THE BRINK: German government could COLLAPSE amid tense row over migrant crisis

ANGELA Merkel’s German government could be on the brink of collapse as a major row over her migration policy continues to escalate. Interior minister Horst Seehofer has repeatedly clashed with Angela Merkel over his plans to turn away asylum seekers at the German border. Mr Seehofer was due to reveal his proposals today – but he was … Read more

Intuit credit card service shuts down payments on all gun purchases

by DCG Another anti-Second Amendment company to add to your boycott list. From NY Post: Several gun-related businesses were suddenly — and without warning — disrupted in recent weeks when Intuit stopped processing credit card payments because sales were gun-related, The Post has learned. Some of the payments stopped didn’t even involve firearms, but simply T-shirts and coffee mugs and gun … Read more

USAF Nightmare: Image Surfaces Of China’s Sixth-generation Stealth Fighter

by stockboardasset Days before the Singapore summit, where the first-ever sitting between an American president and a North Korean leader occurred on Tuesday, Beijing released an image of what appears to be a prototype or scale model of the Chinese ‘Dark Sword’ unmanned stealth fighter, already dubbed a “nightmare for the U.S.,” which could be the world’s first “sixth … Read more

6/12/2018 – Judge Clears AT&T’s $85 Billion Takeover of Time Warner… FLASHBACK In 2000, Just Few Month Before Tech Bubble Burst – America Online Announced A Merger With Time Warner

AT&T wins: Judge clears $85 billion bid for Time Warner with no conditions 6/12/2018 U.S. District Court Judge Richard Leon did not impose conditions on the merger’s approval. He also urged the government not to seek a stay when issuing his decision in a closed-door room with reporters. Shares of Time Warner jumped roughly 5 … Read more

Reading between the lines, it almost looks like Musk is setting some expectations for some bad stuff down the line.

Reading Musk’s statement, I found a few interesting tidbits beyond the obvious. Maybe I’m going a little bit tinfoil hat here, but reading between the lines, it almost looks like he’s setting some expectations for some bad stuff down the line. He kept mentioning how they’re a small company. Apparently he’s unaware of his market … Read more

ANALYST: EU Is Now In FULL Collapse

https://www.youtube.com/watch?v=t0UggALdhkA Katie Hopkins joins Alex Jones live via Skype to break down how and why the European Union is currently heading into a total collapse due to individual nations declaring their right to sovereignty.

Canada is Already Facing Financial CONSEQUENCES After Trudeau’s Disastrous G7 Performance

https://www.youtube.com/watch?v=X7kM02J3rtc The Patriot Beat reports, Justin Trudeau is officially “Making Canada Worse Again.” Thanks to Trudeau’s disastrous performance at the G7 summit and his unwillingness to meet Trump half-way on trade, the Canadian dollar has already gone down. Read More/Source/Credit/FairUse: https://patriotbeat.com/2018/06/11/ca…

The Dollar’s Purchasing Power Drops 2.9% in May from Year Ago, Fastest Drop since Nov 2011

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Even as “hedonic quality adjustments” perform miracles to repress surging new and used vehicle inflation. Consumer price inflation, as measured by the Consumer Price Index, released this morning by the Bureau of Labor Statistics, jumped by 2.8% in May from a year ago, after having already jumped by 2.5% in April. … Read more