Right-wing/Populist parties have surged BIGLY in Italy's election. Marine Le Pen: "The European Union is going to have a horrible evening."

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Exit polls put the anti-establishment Five Star Movement in second place. It has made significant gains and could emerge as the largest single party, with about 30% of votes and 195-235 seats. Italy’s ruling centre-left in shock after crushing election defeat Italy’s political left was in shock after a right-wing alliance emerged with the biggest … Read more

Ray Dalio says, "70% Chance of a Recession"

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Thanks for watching this RTD News Snippet… It doesn’t matter whether it’s a 10% or 70% chance of a recession, it’s coming. The next recession will alter your life forever. Ray Dalio is an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder of investment firm Bridgewater Associates, one of the world’s … Read more

Are Subprime Debt Slaves, a Leading Indicator, Worrying the Fed?

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Credit problems always appear first at the margins. The new Fed remains a somewhat unknown quantity: There are still four vacancies on the Fed’s seven-member Board of Governors that forms the core of the policy-making FOMC. The new Chairman, Jerome Powell, has already shown in his testimony before Congress last week that he … Read more

Should Facebook, Google and Twitter Be Public Utilities?

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by Charles Hugh-Smith This opaque corporate censorship amounts to a private-sector Stasi, pursuing an Orwellian world of profits reaped from the censorship and suppression of dissent My longtime friend GFB recently suggested I revisit my position on RussiaGate, the investigation into Russian interference in the 2016 US election. I have been dismissive of the investigation … Read more

Rickards: Jerome Powell Is About To Find Out That He Can’t Have It Both Ways

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by Jim Rickards via Daily Reckoning Remember the “tea party” revolt in 2009–2010 against government bailouts and government spending? Remember the “fiscal cliff” drama of Dec. 31, 2012, when Congress raised taxes and cut spending to avoid a debt default and government shutdown? Remember the actual government shutdown in October 2013 as Republicans held the line against more … Read more

Guess who is speaking about “ethics in public service” at UCLA on Monday?

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by DCG Manning knows NOT ONE thing about ethics. This is a disgrace. From the UCLA announcement: “Join the UCLA Luskin School of Public Affairs for the next Luskin Lecture, featuring Chelsea Manning. As an intelligence analyst for the U.S. Department of Defense, Chelsea Manning disclosed classified documents to WikiLeaks that revealed human rights abuses and corruption connected to the U.S. … Read more

China Consumes More Than HALF of Global Supply In THESE Commodities! You Need To Know This!

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FYI: Grow prickly pear cactus and sea weed to start. Easy to grow, healthy and cheap. China has a very clear appetite for commodities. They consume such a large quantity of different commodities that they must import at an ever-expanding rate. They’re seeking more and more from different countries and quite frankly, in a long … Read more

OFFICIAL: 2019 FA Cup to be sponsored by Brexit

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by John Ward Footie fans were bored to the core last night by the revelation that the FA Cup will become the Brexit Cup as of season 2018-19…and before a ball has been kicked, the finalists have been selected. Thanks to our unrivalled sources living in the future, The Slog Pan-Global axis of localism can now … Read more