by Michael Snyder One trade war may be enough to push the struggling global economy into another recession, but the U.S. government has apparently decided that it is time to fight trade wars with pretty much all of the major economies around the world at the same time. This is utter insanity, and it is going to have … Read more
From Birch Gold Group When you poke a bear through a cage, eventually that bear becomes enraged enough that it will want to reach through the bars and take a swipe at you. The U.S. has been poking a global trade “bear” through the economic cage by placing various sanctions on trade since 1951. The U.S. … Read more
by Michael Snyder The new 5G cell phone network that is being rolled out across the nation is going to make communicating by cell phone super smooth and super fast. It will basically revolutionize the entire cell phone industry, and for multitudes of phone users this new era cannot get here fast enough. But will there … Read more
ADP releases their latest employment report and the job market is cooling off, of course these are the manipulated numbers. If the job market is so great why aren’t employees receiving raises and why aren’t employers pushing salaries higher if they can’t find anyone to take a job.Retail sales are a disaster and online sales … Read more
by Dave Kranzler of Investment Research Dynamics A branch manager gets home loans for borrowers with weak credit or low incomes—and taxpayers back him up. – Bloomberg.com Bloomberg News featured a story today that I find to be an outrage. It seems that some punk kid in Houston – Angelo Christian – has recreated the Jordan Belfort story (“The Wolf Wall Street”) … Read more
by Keith Weiner of Monetary-Metals But “We Owe It to Ourselves”, Report 28 May 2018 Have you ever heard someone say this? It falls into the category of, it’s so perverse, so wrong, and so wrong-headed that there has got to be a constituency out there somewhere, to assert this! First, let’s head off at the pass the … Read more
via Mark St.Cyr As we sit here on Wednesday the “markets” appear to be recovering from yesterday’s rout in both the U.S., as well as Europe. e.g., Italy and its contagion fears. Many across the mainstream business/financial media landscape are now waving their “all clear” pom-poms. Whether this is true, in regards to Europe, is an … Read more
by stockboardasset During periods of market uncertainty, Morgan Stanley will deploy a vast army of artificial intelligence (AI) robots to tell its wealthy clients to remain calm and Hold On for Dear Life (HODL). The robots will craft personalized messages for each wealthy client about why they need to stay in overstretched, central bank driven markets. When volatility … Read more
by Jon Rappoport The key factor is: be a drug company. In this case, Celgene. Their drugs are Thalomid and Revlimid. They are approved for multiple myeloma, one type of cancer. Here’s the thing. Doctors can decide to prescribe drugs for uses which are not approved by the FDA, but the manufacturers can’t promote those … Read more
A panic alarm is being added as a safety feature to every U.S. Uber rider’s app, which will call 911. It’s one of several safety features being added to the app. Uber is adding additional features — including a panic button — to help stop sexual assault and harassment. The ride-sharing company has been facing … Read more
In the end, Mexico is going to pay for the wall,” the US president told supporters at a campaign-style rally in Nashville. “They do absolutely nothing to stop people from going through Mexico, from Honduras and all these other countries … They do nothing to help us. Mexico’s president, Enrique Peña Nieto, swiftly responded on … Read more
from Financial Survival Network John Rubino is back at the microphone. Everything that can possibly go wrong in Italy is now going wrong. Once again they’re edging into chaos. Right now they’d like to pull a rabbit out of a hat and save it all, but it’s getting to the point where nothing can save them. The … Read more
by DCG Baby murderers Planned Parenthood is not happy with this decision. Too bad, so sad. From Yahoo: In a setback to abortion rights advocates, the U.S. Supreme Court on Tuesday paved the way for Republican-backed restrictions on medication-induced abortions to take effect in Arkansas that could lead to the shuttering of two of the state’s three abortion clinics. … Read more
by Dr. Eowyn Balenciaga is a luxury fashion house founded in 1919 in Spain by designer Cristóbal Balenciaga, but now owned by a French multinational company, Kering. Balenciaga was once known for its elegant women’s couture: Today, alas, Balenciaga is better known for these ridiculous and ridiculously-priced men’s “double” shirts: This is the description of the $1,490 “double shirt” … Read more
from Financial Survival Network Gerald Celente of The Trends Journal says that there’s trouble brewing in Italy. The people have spoken and now the powers that be are seeking to set aside their verdict. As Gerald explains, the Italians have many just reasons for being upset. The so-called refugee crisis, the banking crisis and many other factors are making … Read more
By Harry Dent Over the years I’ve spent much time talking about Italy as the next ticking time bomb for Europe and the global banking system. It’s government debt is the third highest in the world at 132% of GDP, coming only after Japan and Greece. Its private debt is 23% of the Eurozone versus … Read more
Trump wants Sessions to look into the Russian collusion and recuse himself. The IG report is coming out very soon, be prepared for some type of an event. George Soros is pushing open borders to blend Europe. There is now a new commander handling the Afghanistan crisis. Iran asks OPEC for help. War is being … Read more
by Thinker A new study finds that the death toll in Puerto Rico from Hurricane Maria stands close to 4,600, more than 70 times the government’s original estimate. CNN’s Leyla Santiago reports. Another nation that had a disaster and the capitalist move in. What do the people with money really do for the people? Create … Read more
by DCG Good news! Sen. Portantino has solved all the 18- to 20-year old gun violence in California! From Fox News: The state senate in California on Tuesday reportedly voted in favor of legislation that would up the legal purchasing age for rifles and shotguns, and would set restrictions on long guns. The measure, proposed by Democrat … Read more
by jessefelder Much has been made of the plunge in the Smart Money Index this year and for good reason. In the past, major downturns in the index like we are witnessing today have proved to be prelude to major downturns in stock prices. Many have wondered about the underlying dynamics for the decline in the index of … Read more