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by Michael Snyder This is a photo of a collection of Dungeons and Dragons miniatures that a user known as “Sasaki” posted on Reddit. On the one hand, it is an extremely impressive collection that must have taken hundreds upon hundreds of hours to complete, but on the other hand it also represents a colossal waste of … Read more
https://twitter.com/OccupyWisdom/status/1000915119956688896 https://twitter.com/OccupyWisdom/status/1000588030405742593 https://twitter.com/OccupyWisdom/status/1000583006069907457 A Liquidity Crisis of Biblical Proportions Is Upon Us: https://t.co/BMAeAo28KP by @JohnFMauldin $LQD $HYG pic.twitter.com/Vu0TzJ731s — Jesse Colombo (@TheBubbleBubble) May 18, 2018 The proportion of global nonfinancial companies with junk ratings has surged by 58% since 2009, to the highest proportion ever: Moody’s Since 2009, the level of global nonfinancial companies rated … Read more
$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
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
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
“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
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
by John Rubino It’s always been understood that corporate executives make a lot more than rank-and-file workers. But the gap between top and bottom was hard to calculate, and therefore hard to turn into media sound bites, so it didn’t play much of a role in the US political process. But this year, for the … Read more
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
via Chris Kimble After topping in January 2018, the stock market has become a bumpy ride. We endured a correction on most major stock indexes and are now chopping sideways. Monitoring the markets for clues about what’s next, I stumbled upon a key index and indicator for the economy and stock market. The Dow Jones … Read more
Praxis Trading’s Yra Harris and CNBC’s Rick Santelli discuss sovereign rates in the wake of Italy’s political turmoil. Santelli Exchange: Fragile economies, fragile bank balance sheets from CNBC.
via Bloomberg: No credit? Bad credit? Just file bankruptcy? You’re in luck! Because Angelo Christian very much wants to sell you a house. Regardless of whether or not you have demonstrated any ability to pay back debt you have already incurred, Christian is there for you. No money down. The federal government guarantees the loans … Read more
Jim Chanos talks with CNBC about shorting tesla He says that: “for most short positions you earn income” You receive the financing rate when you short an index (so you sell it above the index price) On something like tesla your short borrow costs are generally above the cost of financing so you don’t get … Read more
by cbus20122 Here are some thoughts to consider… Oil prices have risen significantly since 2017, but it’s important to consider why they have risen and whether the trend is sustainable. Oil just had a decent pullback at the end of last week which may just be a short term pullback, or could be the start of … Read more
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
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
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
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
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
“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