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by John Ward The international business media are in denial about it, but the advent of Italy’s new coalition has put that country on a course clearly set to clash with the ideas of Brussels and Frankfurt. Whether Rome achieves shit or bust, the European Commission and its Central Bank will be faced with rebellion at … Read more
Very interesting, and scary, to think that credit spending levels are higher now than they were before…… Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders (2006) is an independent feature-length documentary film and (2007) book that chronicles abusive practices in the credit card industry. Written and directed by James Scurlock, the … Read more
by gorillaz0e What have you learned, that you wish you knew, when you started investing in stocks? The below is my subjective personal experience and opinion. I do not think my experience is necessarily right or valuable for everyone. For me: Buying the broad indexes (e.g. MSCI World) is typically a good idea after a … Read more
by Thinker Detailing the specifics of waste or even graft that has transpired inside the military-industrial-security complex is a task that could get an investigator killed. The biggest cash cow is wrapped in the flag and exists within a culture where mere scrutiny lays open charges of being unpatriotic. Munitions merchants maintain a special relationship … Read more
via Paul Solman When total student debt passed total credit card debt in America in 2014, it was headline news. Just one example: But it turns student debt has just exceeded one-and-a-half times total credit card debt! Have you heard a peep? And yet look at the latest numbers from FRED, the data base of the St. Louis … Read more
NEW YORK (FOX5NY.COM) – “Sick as a dog” is an expression we hear all too often. But now, our pups are giving it a new meaning. Two highly contagious strains of canine influenza are making their way around the United States. The H3N2 strain has landed in Brooklyn. So far, at least 14 dogs have tested positive. “There … Read more
via wbur.org: A Spanish galleon laden with gold that sank to the bottom of the Caribbean off the coast of Colombia more than 300 years ago was found three years ago with the help of an underwater autonomous vehicle operated by the Woods Hole Oceanographic Institution, the agency disclosed for the first time. New details about … Read more
via Global Macro Monitor: Among the many contributors to 2008’s Great Recession were credit default swaps (CDSs), largely unregulated casino bets banks make with each other about nearly anything you can think of. Fully accounting for them is ridden with black-box difficulty, and ultimately, big banks essentially say “Don’t worry about them. They’re under control. … Read more
Jim Rogers, global investor joins us to give us his take on China and the US are duking it over tariffs, but is a trade war on the horizon? https://youtu.be/nuHQ13rVyWs
https://www.bloomberg.com/news/articles/2018-05-22/borrowers-pick-mobile-phones-over-cars-as-daily-dependence-grows “Payment priority of cell phones is higher than personal and auto loans and similar to or slightly lower than that of mortgage,” Similar to mortgage? Wow, that wouldn’t even be close for me. Of course I do have a land line and losing the cell would just be an inconvenience. h/t freddyjohnson
by provoko Use a screener like finviz. Look for companies that have sales q/q 30% or more and gross margin over 40% (ideally over 80%, but new stocks closer to their IPO might have extremely low gross margin, but if they can keep growing their sales and EPS, then gross margin will improve and the stock … Read more
by Dr. Eowyn KMSP Fox9 in Minneapolis, Minnesota has undertaken something the national MSM no longer seem to do — bold, investigative journalism. For five months, Fox9 investigated rampant welfare fraud by the Somali “refugee” and immigrant community in Minnesota, which cost the state’s taxpayers a whopping $100 million a year. Even worse, the $millions defrauded were … Read more
Donald J. Trump Verified account @realDonaldTrump SPYGATE could be one of the biggest political scandals in history!” SPYGATE could be one of the biggest political scandals in history! — Donald J. Trump (@realDonaldTrump) May 23, 2018 Donald J. Trump Verified account @realDonaldTrump Look how things have turned around on the Criminal Deep State. They go … Read more
Article gave an example of the nurse, but this practice is common in fast food industry. Which brings the question, how low of a human being can you be to be stealing from a worker that gets $7 an hour? How much money is enough? via NEXT GOV: The days of the soul-sucking manual punch clock are over. … Read more
Amazon should be boycotted for partnering with Big Brother government surveillance. Amazon is not hard up for the money that they desperately need this government contract. This technology is going to be used against average Americans the most, not undocumented immigrants and criminals like they are telling you it will be used for. Technology like … Read more
A lawsuit in California is going to trial, an important step in holding Monsanto and their influence in agricultural science accountable. Most lawsuits against these huge corporations never make it to trial, so this fact alone will hopefully bring more evidence to the public eye and more lawsuits. via theguardian: In June, a California groundskeeper … Read more
ATLANTA – The death of an Atlanta researcher whose body was pulled from the Chattahoochee River has been ruled a suicide by drowning, the Fulton County medical examiner said Tuesday. Timothy Cunningham, an epidemiologist with the Centers for Disease Control and Prevention, was reported missing Feb. 14 from his northwest Atlanta home. On April 3, the 35-year-old’s body … Read more
by Phil Don’t say I didn’t tell you so… If you don’t cash out when the markets are making silly highs then you end up having to scramble like an idiot to cash out when everyone is panicking and you get MUCH WORSE PRICES for your stocks and options. The same thing goes with hedging … Read more
Chart of the Day: End Of The Liquidity Supernova An Unexpected Warning From Goldman Sachs: “Something Is Not Quite Right” via Zerohedge: We saw all of the above elements briefly come together when on February 5 the market finally did break in one spam of exploding volatility, as its topology was torn apart by various, … Read more
I have one on my desk from a friend. It wouldn’t let his shut down without patching. The results are exactly as below. You can’t roll back of find restore points. Beware. This was sent out last night to him. via theregister.co.uk: Updated The troubled Windows 10 April 2018 update is facing another issue, with some users losing … Read more