This Is the Reason We Have a Highly Unstable Banking System

BY PATRICK WATSON Those who support free-market economics say it is the best, most efficient path to maximum prosperity for everyone. In other words, everybody wins in a free market—not equally, but each person at least has the opportunity for a prosperous life. I agree with all that, except the “everybody wins” part. In fact, free markets don’t … Read more

The people claiming the most concern with Russian machinations have contributed the most to the damage.

I AGREE, BUT I’M NOT OPTIMISTIC: Because we don’t live in a healthy polity. Plus: And the people claiming the most concern with Russian machinations have contributed the most to the damage. Related: How the Russian collusion myth was hatched by Team Hillary immediately after her loss. It’s all in Shattered, a book everyone supposedly read. h/t GR

Fed’s QE Unwind Accelerates Sharply

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter These are getting to be serious amounts. The QE Unwind is ramping up toward cruising speed. The Fed’s balance sheetfor the week ending May 2, released this afternoon, shows a total drop of $104 billion since the beginning of the QE Unwind in October – to the lowest level since June 11, 2014. … Read more

Toronto’s Splendid Housing Bubble Turns to Bust

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Market freezes up at the top. Average price of detached house plunges C$175,000 in 12 months. Home sales in the Greater Toronto Area (GTA), Canada’s largest housing market, and among the most inflated in the world, plunged 32% in April, compared to a year ago, to 7,792 homes, according to the … Read more

Asylum-Seeking New Zealand Journalist Suzie Dawson Is Critically Ill In Moscow

by Disobedient Media Suzie Dawson, asylum-seeking journalist and current President of the Internet Party of New Zealand, is critically ill in Moscow. Dawson is seeking asylum in Russia after being targeted by New Zealand intelligence agencies as a result of her activism in the Occupy movement and against the TPP, among other causes. Prior to becoming … Read more

DEEP STATE EXPOSED BREAKS INTO SHAMBLES MUELLER BETRAYAL TO THE PEOPLE

by Thinker Donald Trump to raid the law offices of Clinton/Obama Administration? No one prosecuted in Washington D.C. because the majority are guilty? Trey Gowdy is leaving Washington, for the very reason that not one of his investigations resulted in anyone being held accountable for their crimes that he exposed. The “Club/Family” Non- Human all … Read more

Meet the 4 companies that control the 147 companies that control nearly everything

by SuperCharged2000 The real power to control the world lies with four companies: McGraw-Hill — which owns Standard & Poor’s Northwestern Mutual — which owns Russell Investments, the index arm of which runs the benchmark Russell 1,000 and Russell 3,000 CME Group — which owns 90% of Dow Jones Indexes Barclay’s — which took over Lehman Brothers and its … Read more

If things like this didn’t happen everytime Hillary was “investigated” alot of us would be less suspicious. But the fact is, things like this “always happen” when Hillary is investigated.

New FOIA docs show that FBI lost chain of custody for five weeks of Hillary Clinton's server. Say they lost the chain entirely and created a new one. https://t.co/enxNv8h9sl pic.twitter.com/pKPWxQYKeL — WikiLeaks (@wikileaks) May 5, 2018 Seriously tho folks…whenever I hear someone say “Well, they investigated Hillary and found nothing”, I always think about all … Read more

Youtube now has government funding warnings underneath videos. They word it differently depending on the country.

Youtube now has disclosures underneath videos produced by government-funded outlets. The photo has screenshots of the warning from different countries. Some countries have it worded differently where it doesn’t sound as harsh: [network] is a publicly funded [country] broadcaster Examples: CBC, BBC, NPR, PBS For other countries it says: [network] is funded in whole or in part by the … Read more

Corporate debt could be the culprit for next crisis

by COMPUTER1313 https://www.economist.com/news/business-and-finance/21741377-corporate-debt-could-be-culprit-where-will-next-crisis-occur One sign that the credit quality of the market has been deteriorating is that, globally, the median bond’s rating has dropped steadily since 1980, from A- to BBB-. The corporate-bond market is divided into investment grade (debt with a high credit rating) and speculative, or “junk”, bonds below that level. The dividing line … Read more