Default ball – $63 Trillion of Global Government Debt in One Visualization; Tick, tick, tick, when will some currency fall ?

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$63 Trillion (63.000.000.000.000) of Global Government Debt in One Visualization; Tick, tick, tick, when will some currency fall ? pic.twitter.com/RxMjXMwZoF — Wim Grommen (@wimgrommen) May 25, 2018 Collapse of the financial system is unavoidable. History never repeats itself, but always rhymes. https://t.co/b0233jjaFt … pic.twitter.com/eSnyp6R50Z — Wim Grommen (@wimgrommen) May 25, 2018 Why bank regulation, algorithmic … Read more

BTC design has a few flaws. The most important is it is inelastic and cannot support a credit market

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https://twitter.com/OccupyWisdom/status/1000405073606922240 So you would think that if #Bitcoin was a safe haven currency or asset, we would be seeing a flight to safety. Especially as all these third world countries with little to no currency stability…. but what is actually happening? $BTC is about 1/3 of it’s high price & dropping https://twitter.com/OccupyWisdom/status/1000172459537195009 https://twitter.com/OccupyWisdom/status/1000172418865029120 h/t OccupyWisdom

Liberal Bully David Hogg Terrorises Publix Supermarket Customers With Pathetic Progressive ‘Die In’ Staged In Grocery Store Aisle

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by Geoffrey Grider LIBERAL DEMOCRATS WHO BELIEVE IN BULLYING PEOPLE AND/OR CORPORATIONS INTO SUBMISSION OUGHT TO FEEL PROUD TODAY, LADIES AND GENTLEMEN, BECAUSE THANKS TO THE BULLYING OF DAVID HOGG AND HIS PEERS, ONE MAJOR FLORIDA COMPANY HAS JUST ABDICATED ITS FREE SPEECH RIGHTS. EDITOR’S NOTE: David Hogg is a survivor of the Parkland School Shooting, and experiencing that certainly … Read more

Dog Food Recall Alert – Gravy Train and many more

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“The J.M. Smucker Company said it had initiated a voluntary recall of specific shipments of Gravy Train, Kibbles ‘N Bits, Ol’ Roy and Skippy canned dog food after pentobarbital was found.” No word on who or where the single supplier is located. Really. Pentobarbital laced food. https://www.fda.gov/animalveterinary/newsevents/ucm597135.htm Feeding a raw diet makes much sense in … Read more

DEVELOPING: Major flooding, water rescues in Ellicott City, Elkridge… Maryland, Area around Columbia now also under flash flood warning!

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This is a second video from my sister on #EllicotCity Main Street. This is as high, if not higher than 2 years ago. She is safe for now, no idea if everyone made it out of the 1st floors. @WJZDevin @wjz @FOXBaltimore @CairnsKcairns @wbaltv11 @weatherchannel: video via Kali Harris pic.twitter.com/KOQUH0aBwp — Jeremy Harris (@JeremyHarrisTV) May … Read more

Mogadishu, Minnesota – A massive daycare fraud in America’s most welcoming state raises questions about the limits of assimilation.

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via city-journal.org: When it was noted that the carry-on bags of multiple airline passengers traveling from Minneapolis to Somalia contained millions of dollars in cash, on a regular basis, law enforcement was naturally curious to know where the money came from and where it was going. It soon emerged that millions of taxpayer dollars, and possibly much more, … Read more

Which (mystery) tech stock do you think this hedge fund is referring to?

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by cataractum Source: https://www.valuewalk.com/2018/05/hayden-capital-1q18-letter-to-investors/ Undisclosed Position #1: This quarter, our partners will notice a new investment in their portfolios (it’s our first new investment in over a year). We are still building the position, so I’ll refrain from publicly speaking about the opportunity in detail8. However, I’ll note that this is a recent IPO, and is … Read more

Yes even Sports Comply with Cycles

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by Martin Armstrong COMMENT: Mr. Armstrong; I have a friend in the management of the NFL. I sent him your piece on the decline of their industry and how the protests were really turning people off. Well, they have now banned protests during the game. They revised their policy mandating that players and team personnel present … Read more

Could the UK be the Most Dangerous Nation on the Planet?

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By Francis Marion Does the UK currently represent the largest threat to peace, freedom, and stability in the world? Let’s have a look at the evidence shall, we? Possesses nuclear weapons. Has POSSIBLY meddled in the election of a sovereign nation/ally and contributed to an attempted coup to thwart its results. POSSIBLY. Has engaged in a process of immigration designed to, … Read more

Bank Of America: Global Markets Are Screaming That This Historic Expansion Is Almost Over — Here’s What Investors Should Do To Stay Afloat

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via BI Financial markets are providing clear clues about where we are in the cycle, according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch.  For example, commodities are having a strong year and are the best performers so far while yields are rising and total returns are getting crushed.  His … Read more

Mapping The Tsunami Of Suicides Across America

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by stockboardasset Suicide is a very complicated public health issue, influenced by demographic characteristics, socioeconomic factors, as well as health- and crime-related factors. Since the Great Financial Crisis (GFC), a tsunami of suicides has swept across America, making it the tenth leading cause of death, and in 2015, accounted for more than 44,000 deaths. Understanding … Read more

Which Banks Are Most Exposed to Italy’s Sovereign Debt? (Other than the Horribly Exposed Italian Banks)

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“Doom loop” begins to exact its pound of flesh. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Risk. Exposure. Contagion. These are three words we’re likely to hear more and more in relation to Europe, as the Eurozone’s debt crisis returns. On Friday, Italy’s 10-year risk premium — the spread between Italian ten-year bond … Read more

Obama’s team said it had Russian meddling ‘under control’ until Trump won, says GOP senator

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  https://www.youtube.com/watch?v=MkWNeME8bDM Pete Kasperowicz for the Washington Examiner reports, Sen. Ron Johnson, R-Wis., said Thursday that senior Obama administration officials assured Congress in September 2016 that Russian meddling would not stop the U.S. from holding a legitimate election, but changed their tune after Donald Trump defeated Hillary Clinton. Read More/Source/Credit/FairUse: https://www.washingtonexaminer.com/ne…

Existing home sales, Durable goods, China debt, State index

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by WARREN MOSLER More weakness: Highlights Yesterday’s new home sales report showed less strength than expected while today’s existing home sales results are outright disappointing. Sales fell 2.5 percent in April to an annualized rate of 5.460 million which falls below Econoday’s low estimate. The decline in sales came despite a sizable increase in supply on … Read more