Alan Dershowitz: If this were Hillary Clinton they’d be raising money left and right defending Hillary Clinton’s right. But now they’re raising money left and left by attacking Trump and putting the attack on Trump over defending out civil liberties. Why do you think I’m here all the time? Why do you think I’m speaking out … Read more
BY JOHN MAULDIN Dial your mind back to January 2001. The world had survived Y2K; the stock market was topping out; George W. Bush had moved into the White House; and the US government had a balanced budget. Wait, say that again? Yes, the budget was balanced, and indeed, we were running a surplus. This happy … Read more
by Ruby Henley I have been researching Artificial Intelligence or AI since the United States, France, and Britain joined forces to strike Syria. Throughout the whole ‘shock and awe’ I kept thinking about AI, so I knew this incident was connected. When I cannot get a certain topic off my mind, I delve deeply into … Read more
Authored by Chris Hamilton via Econimica blog, After nearly a half century of unlimited dollar creation, multiple bubbles and busts…the current asset reflation has been the most spectacular…but alas, perhaps too successful. The Fed’s answer to control or restrain this present reflation is raising interest rates to stem the flow of business activity, lending, and excessive leverage in financial … Read more
don't look at this chart pic.twitter.com/DPp8XyScG4 — Alastair (@StockBoardAsset) April 15, 2018 .@MorganStanley: "even though there has not been a 20% correction in theS&P 500 since the financial crisis, one can spot two distinct bear markets in recent history when using the MSCI All Country World Index" https://t.co/QeQqOddBqz pic.twitter.com/PCkPKZKpnr — Trevor Noren (@trevornoren) April 15, … Read more
@OccupyWisdom Central banks continue to fuel the sovereign debt bubble. It will end badly pic.twitter.com/ldSW9PUqMi — Daniel Lacalle (@dlacalle_IA) April 15, 2018 .@jpmorgan: "Overall, US companies will buy back ~$800b of their stock this year, up from $525b in 2017, and boost dividend payouts by about 10% to a record $500b" https://t.co/YbL1hLOg1c pic.twitter.com/Zd8nzPVPw0 — Trevor … Read more
Michael Cohen represented Fox News host Sean Hannity, Cohen’s lawyers were forced to reveal in federal court on Monday. “We have been friends a long time. I have sought legal advice from Michael,” Hannity told the Wall Street Journal. Cohen was present at a hearing where his attorneys are challenging the FBI’s seizure of documents he claims are … Read more
by Egon von Greyerz of Gold Switzerland As the world is standing on the precipice of a total breakdown, both economically and geopolitically, an obvious question is: “Where is the money coming from” to save the world from perdition. The same question was asked to Maharishi Mahesh Yogi in the 1970s when he was starting a global spiritual … Read more
by stockboardasset This fall, North Atlantic Treaty Organization (NATO) will be leading the most significant military exercise across the entire country of Norway since the Cold War. Initial reports from Verdens Gang, indicate about 35,000 military personnel from 30 different countries are expected to attend the Trident Juncture NATO drill. Portuguese troops penetrate land in Troia, about … Read more
via Danielle Park I have said many times since 2007, that the scale of the debt weight pressing down on the masses and the world economy suggests that knocking off zeros will be needed to get out from under. That can only help however, if the debt and risk-magnifying machine of the financial sector is also … Read more
via Peak Prosperity Fannie Mae forecasts an economic slowdown by 2019 Doug Duncan is not your average beltway economist. The chief economist for Fannie Mae is surprisingly outspoken about the troublesome outlook for the US economy. He’s worried about the rising cost of debt service as outstanding credit continues to mount at the same time interest … Read more
by Simon Black In 1873 during the administration of Ulysses S. Grant, the government abolished its income tax. Aside from a single episode in 1894, there would be no income tax in the United States of America for nearly 40 years. It was during this period that the United States emerged as the largest, most powerful … Read more
by Frank Holmes, CEO, U.S. Global Investors You’ve no doubt heard that everything’s bigger in Texas. That’s more than just a trite expression, and I’m not just saying that because Texas is home to U.S. Global Investors. Want to know how big Texas really is? Let’s compare its economy with that of Russia, the world’s … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Well, they do pay higher rates, but not to their own clients. Interest rates from the very short-term through two-year maturities have surged since the Fed got serious about raising rates. In terms of the Treasury market, for example, the three-month yield is now at 1.76% and the two year yield … Read more
by Chris I would only like to point out here that the west’s attacks against Russia are continuing even as I type this. The kinetic strikes were a real flop, proving only that the west could be mendacious and petty as they really only proved that their signatures on convention documents are utterly worthless. Russia … Read more
If one congressmen gets his way a new bill could change the way the world uses the US Dollar and have a radical effect on the global gold market. https://www.youtube.com/watch?v=xx9Y1JDvEJU
via Chris Kanthan Disneyland is the Happiest Place on Earth! Millions of families visit the theme park every year to enjoy the magical place of rides, spectacular shows and cheerful cartoon figures. Everything is clean, perfect and joyful. Unless … you realize that Cinderella might actually be homeless. That’s right, 10% of Disneyland’s employees are actually … Read more
This won’t be a New York Times front page story today: Syria’s three major churches condemn the US-British-French airstrikes against the Syrian state, declaring that Assad protects Syria’s Christian minority and noting that this aggression will only encourage jihadist groups. https://twitter.com/sahouraxo/status/985690713697419265 It does seem that the covert aim of regime change, which some have suggested … Read more
