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

“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

  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

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

Mother of Daughter Slain by MS-13 Tells President Trump: “You’re Correct. They Are Animals.”

https://www.youtube.com/watch?v=bysWAYzyDTs Jim Hoft for the Gateway Pundit reports, President Trump traveled to Long Island, New York on Wednesday to host a summit about MS-13 with local leaders. Also invited were the parents of teenagers Kayla Cuevas and Nisa Mickens. Read More/Source/Credit/FairUse: http://www.thegatewaypundit.com/2018/…

Lawyers For Charged Russian Company Tell Court Mueller Made It Up

by Thinker Lawyers For Charged Russian Company Tell The Court Mueller Made It Up That Named ,Employees Work For Them https://youtu.be/Zaj34kXLlUI Via Gateway Pundit: “As reported on Wednesday, Concord Management’s lawyers revealed that Mueller’s team of ignored over 70 discovery requests they had made for information before the case. In response, Mueller’s team offered to give … Read more

Record fentanyl bust in Nebraska finds enough doses to kill an estimated 26 million people

https://www.youtube.com/watch?v=21ovyhO_xHY The Nebraska State Patrol seized nearly 120 pounds of the drug fentanyl — enough to kill about 26 million people, according to estimates by the US Drug Enforcement Administration. The driver of the truck, Felipe Genao-Minaya, 46, and passenger, Nelson Nunez, 52, both of New Jersey, were arrested on suspicion of possession of a … Read more

“Journalist” Now Attacking Elon Musk Ever Since He Came Out Out Against Fake News & Yellow Journalism

by OT Ever Since Elon Musk came out against fake news, yellow journalism, and has been entertaining the idea of a whole new News website that scores the accuracy rate of journalists, they have come out to attack him. These idiots should be completely blacklisted from any sort of Journalism, which is supposed to be … Read more

Property taxes spike, shocking homeowners nationwide

This is where the big problem lies. The balance of the nation’s budget had led to local governments raising property values and thus raising property taxes. High property taxes raise rents, they raise food prices, and they raise the general cost of living. That’s because stores renting or owning properties must also pay property tax … Read more