by Michael Snyder Today, America is nearly 70 trillion dollars in debt, and that debt is shooting higher at an exponential rate. Usually most of the focus in on the national debt, which is now 21 trillion dollars and rising, but when you total all forms of debt in our society together it comes to … Read more
Bitcoin was established nearly 10 years ago. Since then, crypto and digital currencies have spent the majority of their existence on the fringes. A tech-savvy minority were the first adopters of the decentralized blockchain technology. However, with the many stories of huge financial gains, and a technology that has proven time after time how useful … Read more
by stockboardasset Norwegian salmon spot prices just tagged a historical high as faltering supply combines with increasing global demand. This has unleashed a perfect storm sending prices above a multi-year neckline of NOK 70 (€7.48/$8.66), and tagged fresh highs around NOK 80 (€8.40/$9.90) — however, this price surge is not sustainable and unlikely to last for … Read more
via John Mauldin I recently wrote about a looming credit crisis that’s stemming from high-yield junk bonds. The crisis itself will have massive consequences for investors. But that’s not the worst part. The crisis will create a domino effect and trigger global financial contagion, which I usually refer to as “The Great Reset.” The collapse of high-yield … Read more
by visualcapitalist The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Industrial robots have come a long way since George Devol invented “Unimate” in 1961. After pitching his idea to Joseph Engelberger at a cocktail party, the two soon saw their new creation become the first mass-produced robotic arm to be used in factory … Read more
https://www.youtube.com/watch?v=yd6cqJqygt0 The topic of student loan debt seems to fiercely divide people – even those who typically agree along ideological lines. Stefan Molyneux reviews a recent article titled “I’ve Paid $18,000 To A $24,000 Student Loan, & I Still Owe $24,000” and discussed the absolute horror of what propaganda has done to the next generation. … Read more
Amazon is partnering with police agencies and intelligence agencies to provide them facial recognition technology that can track and surveil the entire public. The ACLU (American Civil Liberties Union) is ringing alarm bells trying to get people to take notice of this incredibly oppressive technology that the world’s richest man Jeff Bezos and his corporation … Read more
Yep. If anyone EVER needed solid confirmation that California is Mexico here you go. http://www.sacbee.com/latest-news/article210184089.html This was introduced I think at the beginning of May or end of April. “Immigrants residing in California illegally would be able to serve on all state and local boards and commissions under a proposal introduced in the state Senate” … Read more
During World War 2, the US government was able to keep the construction of the atom bomb a complete secret. Not only that, but they were able to keep the CITY where the workers were a secret. And today, people still think conspiracies are falsely attributed to circumstances of coincidence. h/t PM
Interviews will expose more corruption at the FBI. All signs point to a sham email investigation. The election was rigged to favor Clinton. House Republicans are preparing to conduct the first interviews in more than four months in their investigation into the FBI’s handling of the Hillary Clinton email probe. A joint investigation run by the Judiciary and … Read more
via The Phoenix To recap yesterday’s piece concerning the recent shift in Central Bank policy, from mid-2016 onward: 1) Central Banks engaging in emergency levels of QE at a time in which their respective economies were growing. 2) Inflation bottoming then beginning to rise. 3) Bond markets starting to revolt. 4) Central Banks opting to walk … Read more
Sometimes i wonder if the people making decisions think it through before changing policies. Surely they knew shit like this would happen RIGHT?!? You know,druggies taking over AC
By Rodney Johnson The Supreme Court recently ruled that states have the right to regulate sports betting, opening the door for such activity in every state. Chances are, your state officials are burning the midnight oil developing regulations for sports betting because they want the tax revenue. After all, Pew Trusts estimates the industry could … Read more
by Daisy Luther, The Organic Prepper The economic collapse of Argentina in 2001 is the stuff of prepper legends. For years, it was the example that we pointed to when trying to convince others that, yes, it really can happen. (Now, of course, that example has been replaced by the dramatic fall of Venezuela.) There’s even a … Read more
Authored by Jon Hall and originally appearing at Jihad Watch In a startling report by Dutch newspaper, Algemeen Dagblad (AD) it has been revealed that more than a thousand girls will be blackmailed and forced into prostitution over the course of a year in the Netherlands. The article details Watch Netherlands – a cooperative organization between the Center Against Child and Human Trafficking and Fier … Read more
BY SRSROCCO The U.S. and global economies are choking on a massive amount of debt. While Wall Street and the Mainstream financial media continue to rationalize the skyrocketing debt as merely the cost of doing business, the disintegrating fundamentals point to an economic catastrophe in the making. Of course, a full-blown economic meltdown may not occur … Read more
It’s not stealing, it’s just a confidential ownership transferral. AC
by Simon Black Last June, in one of the most egregious displays of economic insanity, Argentina was able to raise $2.75 billion by selling bonds with a ONE HUNDRED YEAR maturity. Even more miraculously, the bond turned out to be wildly popular with investors. So basically investors willingly forked over billions of dollars to a country that has … Read more
