The subprime mortgage industry vanished after the Great Recession but is now being reinvented as the nonprime market. Carrington Mortgage is now offering mortgages to borrowers with “less-than-perfect credit.” Demand from both borrowers and investors is exceeding expectations. Subprime stages comeback as ‘non-prime’ loans from CNBC. They were blamed for the biggest financial … Read more
By Lance Gaitan Stock market volatility was front and center last week, mainly because of President Trump’s proposed tariffs and China’s retaliatory threats. Treasury bond volatility, on the other hand, hasn’t been as active. The long-term Treasury yield dropped to a low of 2.97% last week before rebounding to 3.07% last Thursday. Make no mistake: … Read more
The invasion in to syria is a false flag, which may have actually happened, but most importantly was most likely caused by the west or the people they back. Assad would not give reason for international invasion just as he’s 99% done winning the war against ISIS. 2016: https://en.wikipedia.org/wiki/Khan_Shaykhun_chemical_attack 2013: http://www.bbc.com/news/world-middle-east-24113553 Read that 2013 BBC article, and … Read more
By Michael Snyder The United States is on the verge of going to war, and we need to do all that we can to stop that from happening. Everywhere I go in Idaho’s first congressional district, people are telling me that they do not want to see military action against Syria. The Russians have already … Read more
RTD News keeps you up to date on what’s happening around the globe. Thanks for watching this important update, “Iranian Rial Hits All Time Low As Citizens Scramble For US Dollars”.
This is the first in a four-part series on what typically happens during a hyperinflationary event. Part 1 – What’s Happening to YOUR Money Fiat Money; we work for it, save it and use it as a tool of barter. Our perception is that it has value, which is why we accept it. But the … Read more
John Rubino interviewed by Jason Burack on Wall St for Main St Jason asks John why the US Dollar hasn’t collapsed despite tens of trillions in central bank liquidity making the money bubble a lot larger since the 2008 financial crisis? Jason and John discuss the global macroeconomic situation along with why gold and silver have not performed while … Read more
Deadly S-400 anti-aircraft missile ‘ring of steel’ protects Assad: US fears network of Russian air defense that can shoot down 80 planes at once from 248 miles away and is ‘one of the most feared weapons in the world’ US President Donald Trump has warned Russia to ‘get ready’ for strikes on Syria in an … Read more
While Congress lectures Facebook CEO Mark Zuckerberg on the importance of respecting user privacy, they ignore the fact that they are responsible for allowing illegal spying on millions of American citizens. Members of the same government that is responsible for violating privacy laws and illegally collecting data from its citizens, openly lectured the CEO of … Read more
The most globalist agreement the globalists could design is sticking its head back up. Remember, the Federal Reserve bill was called lots of things, and killed lots of times, before it finally was passed and enslaved us all. Trump directs top economic advisers to look at re-entering TPP President Trump has directed his top economic … Read more
RT, Released on 4/12/18 US Secretary of Defense James Mattis reiterated that the Pentagon still has no independent evidence to confirm that there was a chemical weapons attack in Syria last week… but said he personally believes there was one.
by Jon Rappoport Don’t hesitate. These persons are a danger to the community. Facebook should ban them immediately, before their dangerous word-viruses infect the brains of a billion users. “We are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philosophies, and competitive values. For a nation that is afraid to … Read more
40:04 https://www.youtube.com/watch?v=tjrzJL8YHV4&feature=youtu.be&t=2404 AC
by John Ward A YouGov study released today shows that only 1 in 5 British citizens support a missile strike against the Syrian régime. ______________________________________________________ In turn, the Hague-based Organisation for the Prevention of Chemical Weapons (OPCW) has just produced a report ‘at the invitation of the British government’ – three weeks ago, it seems – based … Read more
From the same article… I found the video! https://youtu.be/npdwSBhna1g h/t Phantom
by Dennis Miller Remember how excited you were when you got your first “real job”? It was early January and I was fresh off active duty. I began washing cars at an auto dealer – for $1.00/hour. I’d wash off the snow and grime from every car on the sales lot. It was freezing cold. I … Read more
by WARREN MOSLER Highlights In mixed results, March payroll growth of 103,000 is well below expectations but wage indications from average hourly earnings do show a little pressure as was expected, up 0.3 percent on the month with the year-on-year rate up 1 tenth to 2.7 percent. The unemployment rate did not move down which was the consensus, … Read more
https://www.youtube.com/watch?v=f09Z4I0t8OQ Chuck Ross for the Daily Caller reports, Facing threats of legal action, the Justice Department on Wednesday provided the House Permanent Select Committee on Intelligence with a two-page document showing the FBI’s basis for opening the Russia counterintelligence investigation during the 2016 presidential campaign. Read More/Source/Credit/FairUse: http://dailycaller.com/2018/04/11/jus…
Authored by Mike Krieger via Liberty Blitzkrieg blog, It’s not often my work’s mentioned in mainstream publications, but it’s always instructive when it happens. Such an instance occurred earlier this week in the form of a nonsensical BuzzFeed piece. The article was originality titled, “Here’s How A Bunch Of Syrians Trolled The Far Right Into Freaking Out Over … Read more
via Jessefelder I recently ran across a terrific chart in Grant’s Interest Rate Observer that got me thinking about Hyman Minsky and The Financial Instability Hypothesis. After remaining relatively unknown during the course of his lifetime, Minsky really came to fame in the immediate aftermath of the financial crisis as his hypothesis helped to explain what left most … Read more