Total debt owed in the US (sovereign, private, pensions, Medicare, social security etc) > 1,100% of the country’s GDP

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https://twitter.com/OccupyWisdom/status/999660045704073216 Italy 🇮🇹 Euro liabilities of Financial System 24% of GDP, Debt to GDP 132% with short term maturities above 20% of GDP. Populists think they will exit the euro, print Lira and increase pensions, spending, salaries and export more to the countries they default on. Magic pic.twitter.com/eosYHbMgKS — Daniel Lacalle (@dlacalle_IA) May 24, 2018 … Read more

Michael Pento: “The global epic bond bubble is bursting…we’re headed for a global Depression.” Martin Trace Mayer: “Bitcoin is consolidating before the next leg up.”

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by John Rubino David McAlvany: We’re entering a secular bear market. Martin Armstrong: Interest rates are going to jump. Peter Schiff: The calm before the storm. Trace Mayer: Bitcoin is consolidating before the next leg up.    

America’s Economic Anarchy

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By Bob Shanahan Cover image via Pixabay   America’s current economic situation is not one of financial security or encouraging growth. Below the surface of our 106+ month-long “recovery,” now the second longest on record, is a sense of anxious anarchy in American households. Working men and women are struggling to make ends meet and … Read more

The Last 4 Times This Silver Price Metric Was at This Point, It Rallied

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by Kimble Charting Solutions The gold/silver ratio (atypically shown here in the reverse as the silver/gold ratio) has been a very accurate buy signal for silver time and time again. When the gold/silver ratio reaches 80 (or as displayed here in the inverse, about 0.125 as the silver/gold ratio), it has always paid off handsomely to load up … Read more

Why many rich Chinese don’t live in China

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by COMPUTER1313 https://www.economist.com/special-report/2018/05/19/why-many-rich-chinese-dont-live-in-china In 2017 more than 46% of Chinese with fortunes between 10m and 200m yuan ($1.3m-26.3m) were thinking of emigrating, according to a survey by Hurun, the research company in Shanghai. In a joint survey with Visas Consulting Group, a Canadian firm, more than three-quarters of respondents mentioned their children’s education as a reason. … Read more

Warning: Global Wave Index Has Peaked, Housing Bubble 2.0 Has Found Its Mortgage Rate Pin, Delinquency Rates On Store-Branded Credit Cards Have Reached A Seven-Year High…

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https://twitter.com/OccupyWisdom/status/999665430351482881 Delinquency rates on store-branded credit cards have reached a seven-year high, according to credit bureau Equifax, possibly signaling broader troubles for household debt down the road. https://t.co/L4dWkVGF5C — Jesse Felder (@jessefelder) May 24, 2018 https://twitter.com/OccupyWisdom/status/999665966006095872 Delinquency rates on store-branded credit cards have reached a seven-year high, according to credit bureau Equifax, possibly signaling broader … Read more

Record Buybacks Offsetting Fed Liquidity Drain

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by FS Listen to this podcast on our site by clicking here or subscribe on iTunes here. We’re likely to see two or three more rate hikes this year and the continuation of quantitative tightening, through which the Fed is on course to drain $420 billion dollars of liquidity from the markets. Earnings growth has been discounted at … Read more

SHE’S GUILTY! Judge Issues Verdict After SICK LEFTIST Professor Commits HORRIBLE Act Against the NRA

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https://www.youtube.com/watch?v=IUFNYSZUdPk Stephanie Hamill for the Daily Caller reports, An Alexandria General District Court judge on Monday found University of Nebraska-Lincoln professor Patricia Wonch Hill, guilty of vandalizing the home of NRA Chief Lobbyist Chris Cox in Alexandria, Va. Read More/Source/Credit/FairUse: http://dailycaller.com/2018/05/21/pro…

NYC Drug Crisis Spilling Into Streets, Parks

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NEW YORK (CBSNewYork) – From a crackdown on K2 overdoseson Brooklyn sidewalks, to syringes littering a Bronx park, New York City’s drug crisis has been on full view this week. The question is: What is City Hall doing about it? “We don’t want anybody in the city having to see that or experience that,” said Mayor de Blasio when … Read more

AMAZON records private conversation, sends to random contact… FACEBOOK accused mass surveillance through apps

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Woman says her Amazon device recorded private conversation, sent it out to random contact A Portland family contacted Amazon to investigate after they say a private conversation in their home was recorded by Amazon’s Alexa — the voice-controlled smart speaker — and that the recorded audio was sent to the phone of a random person … Read more

A Fresh Look at Lumber and Housing Stocks

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by Tom McClellan For a few years now, I have been employing lumber prices as a leading indicator for what the homebuilding sector of the stock market would do, and it has worked pretty well.  But lately the correlation is broken, with housing stock prices falling even as lumber said they were supposed to continue trending … Read more

Fed Study Asks “Are Millennials The Lost Generation?”

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via Mike Mish Shedlock I previously called millennials the “screwed” generation. A more polite Fed study uses the term “lost generation”. A Fed study on the Demographics of Wealth explains How Education, Race, Birth Year Shaped Financial Outcomes. The study covers the long last-lasting wealth impacts of the Great Recession on young families. The article’s first subtitle reads “Lost … Read more

GOOD NEWS FOR DRUGMAKERS: One-third of adults may need blood pressure drugs under new guidelines.

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“If you like your high blood pressure, you can keep your high blood pressure.” One-third of adults may need to get off their butts and get some vigorous aerobic and anaerobic exercise every day. Under new guidelines. via UPI: According to two leading heart health associations, nearly half of all U.S. adults have high blood … Read more

FBI Anon & Clinton Foundation Corruption

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Jake of Blackstone Intelligence goes headfirst into the Old Hag’s dark dirty places. He exposes the truth about evil satanic Hillary Clinton. https://www.youtube.com/watch?v=3Aq8yUs-Wpw According to FBI Anon, the corruption of the Clinton Foundation could, if brought to light, bring about cataclysmic results to our nation.   h/t TheRealSlimJoker