America’s Two-Party System Is Done

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Guest Post by Bill Bonner The most remarkable thing about the latest federal budget is that no one seems to find it remarkable. As far as we know, no member of Congress read it. And the president—who is supposed to be the nation’s chief executive officer—has only the dimmest idea of what is in it. … Read more

The Mother of All Deflations

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by Raúl Ilargi Meijer Keith Haring Retrospect 1989  Longtime and dear friend of the Automatic Earth, professor Steve Keen, wrote an article recently that everyone should read (that goes for everything Steve writes). It’s hard to select highlights, but I’ll give it a try. Steve explains where our housing markets went off the rails, what (short-sighted) interests politicians … Read more

California. Sh*thole.

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by Wayne Root Remember the famous (but sad) saying, “If you repeat a lie often enough, it becomes truth.” Well I have the number one lie in America for you- “Diversity makes us stronger. Immigration makes us more prosperous.” Sorry, but not always.   California is Exhibit A. It’s filled with immigrants. Ten million to be exact. Many of them … Read more

Gun control, Chiraq style: 7 killed in one neighborhood in 12 hours

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by DCG These shootings occurred at the end of March. But this didn’t receive much press because the city was too busy touting the “drop in shootings” for the last 13 consecutive months. BTW Parkland kids and BLM, when is the march for the citizens in Chiraq? From USA Today: Seven people, including four men killed in a gang-retaliation attack … Read more

How Scientists Plan to Feed Billions Without the Help of the Sun

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Tess Pennington Ready Nutrition  Our most recent article about the most recent minor eruptions at Yellowstone briefly touched on the mitigation process this type of disaster entails and the evacuation efforts that would need to be made for millions before a supervolcano were to erupt. This brings to mind an even greater question of how the world governments … Read more

Companies Stop Buy-Backs Causing January Crash?

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by Martin Armstrong QUESTION: Mr. Armstrong; The analysis being punted around is that the crash from January was caused because companies stopped buying back their own shares. The analysis claims that $4 trillion in buy-backs have taken place since 2009 and they stopped because of regs and that was the cause of the crash. It seems … Read more

World Trade – Who is Really Hurt in a Trade War?

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by Martin Armstrong The US share markets opened lower on Friday as renewed fears of a trade conflict between the United States and China continued to top the excuses for a correction. This even took the headlines surpassing the lower-than-expected March jobs data which they traditionally have focused on with respect to interest rate hikes. As always, … Read more

Lynette Zang Issues An Alert: This May Be THE BIG COLLAPSE We’ve Been Waiting For

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by Lynette Zang of ITM Trading Is this the big collapse we’ve been waiting for? Only time will tell us for sure, but there are significant pattern shifts occurring that could be warning of danger ahead. Today, volatility is back as markets struggle to find firm footing. Listening to Wall Street, this is a buying opportunity. But financial … Read more

Trump Supporters Feel Trump Has Kicked Sand In Their Faces By Not Prosecuting Hillary

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Jim Marrs interviewed by Richie Allen on The Richie Allen Show Richie Allen recently had his original YouTube channel deleted as the victim of YouTube’s censorship. Richie’s new channel is up and running, and he’s back in action with hard hitting guests who pull no punches. Of interest is his latest guest, Jim Marrs, who, along with Richie, … Read more

How quickly is the economy of Germany slowing?

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by Shaun Richards Until last week the consensus about the German economy was that is was the main engine of what had become called the Euro boom. Some were thinking that it might even pick up the pace on this.  For the whole year of 2017, this was an increase of 2.2% (calendar-adjusted: +2.5%), This … Read more

America 2.0

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by Raúl Ilargi Meijer  Dorothea Lange Farmers’ supply co-op. Nyssa, Malheur County, Oregon 1939    It’s Dr. D again. Told you he’s on a roll. He remains convinced America can re-invent itself. If only because it must.     Dr. D: Herbert Stein’s Law states “What Can’t Go On Forever, Doesn’t.” This is a neat summary of the present trade and … Read more

LAWS ARE FOR THE LITTLE PEOPLE

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De Blasio aide busted with gun in car. A $90,000-per-year director with Mayor de Blasio’s Office of Criminal Justice was arrested along with two men Saturday night in Queens after a loaded gun was found in their car — double-parked just blocks away from the scene of an earlier shooting, police said. Reagan Stevens — … Read more

The Dynamic Linearly Detrended Aggregate Spread Signaled That A Recession Could Start Near Oct 2017, But Not Later Than 28 Mos From Jan 2017 (May 2019)

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https://twitter.com/OccupyWisdom/status/983137195874713600 Did the Morgan Stanley Developed Market Economic Cycle Indicator just put in a top? h/t ZeroHedge pic.twitter.com/3XJUEcoo2O — Alastair (@StockBoardAsset) April 8, 2018 https://twitter.com/OccupyWisdom/status/982818315440656384 https://twitter.com/OccupyWisdom/status/982782121524826112 Small, subprime auto lenders are shutting down as banks & private-equity firms cut off their funding. https://t.co/ofEY95w0pI — Lisa Abramowicz (@lisaabramowicz1) April 6, 2018 Private equity firms, banks pull … Read more