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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter It was one gigantic party. But wait… Total consumer credit rose 5.4% in the fourth quarter, year over year, to a record $3.84 trillion not seasonally adjusted, according to the Federal Reserve. This includes credit-card debt, auto loans, and student loans, but not mortgage-related debt. December had been somewhat of a disappointment … Read more
Debt has hit an all time high, credit card, auto and student debt, savings has hit an all time low and we are starting to see an acceleration in delinquencies. The student loan debt defaults are rising and more and more students cannot pay back their loans. Congress just approved more spending and tax cuts, … Read more
by SP Guide to the Top Anti-Russia Think Tanks and Who Funds Them Those of us who don’t want to have our lives, homes and families destroyed in nuclear war will want to know who so much wants conflict with Russia. Who promotes the Russia-is-evil story? Countering Russia has become a lucrative industry in Washington. In recent … Read more
They got bonuses for the Hillary investigation: 2016-10-20 INBOX 00:34:16, Thu You got a bonus from MYE. 2016-10-20 INBOX 00:37:04, Thu Just write, look, l’m supposed to get some small amount , [redaction] or something, for MYE. Pius some time off. Then do 4-5 days. \ n\nPlease. l insist. 1’11 make up the $ in per … Read more
by Michael Snyder Following an extremely strong State of the Union performance, President Trump’s approval numbers are steadily rising. In fact, as you will see below, Rasmussen Reports says that Trump’s approval rating is higher than Barack Obama’s was at this stage. That is startling, because the mainstream media would have us believe that Barack Obama … Read more
really interesting guy https://en.wikipedia.org/wiki/L._Fletcher_Prouty . Guy Rubbed shoulders with the richest liars in the world might as well listen to him. Published on Aug 6, 2012 Colonel L. Fletcher Proudly spills the beans about how oil was deliberately, incorrectly classified as a fossil fuel, when in fact it is Abiotic. As such, it is replenished, naturally occurring … Read more
XIV is an ETN offered by Credit Suisse to bet against volatility. The way XIV works is complicated, but it is very sensitive to front month VIX being much higher than the next month out. At market close XIV was $99/share. In 15min after market close “someone” drove the front month vix up in a … Read more
Notice how Obama breaks eye contact and looks to the side when saying ‘there was no political influence’. https://youtu.be/OoBE_7n2oEE CW
by John Ward If you’re wondering what on Earth really happened in the stock markets earlier this week, the bad news is that nobody else knows either. Whether the answer be cynical milking of a dying Bull market, Alt State testing of investor naivety, a brief revolt by the plebs or simply indefinable SNAFU, the conclusion … Read more
Did you notice anything strange about this story? Notice there is no Obama picture even though he is the subject of the conversation? Democrats and the MSM will protect Obama at any cost. They know people skip over articles when they don’t have pictures next to the headline. this is how they’re spinning it. … Read more
from Financial Survival Network Heather Wagenhals returns… Car scams are all the rage these days. Scammers get you to wire money for a car that they’ve advertised. They get your money and you never get the car. It all seems so real and that’s why we get so easily fooled. Another major scam is that fraudsters send … Read more
Judge rules that all documents from Las Vegas Metropolitan Police Department’s investigation of 1 October must be released within 30 days. https://www.ktnv.com/news/las-vegas-shooting/judge-1-october-police-evidence-body-cam-footage-must-be-released Now watch how all the files “get lost” over the next month. Or, they’ll be so redacted that they’re unreadable. Two top Las Vegas YouTube channels, Jake Morphoneous and According to Joe. I think … Read more
via alanmastersTOP So many people trying to predict what will happen next with Bitcoin 3.84% . Where to next Bitcoin? But it seems to be getting harder by the day to know when this correction will be over with.When the final bounce will happen? When our new opportunities to make money will come?Listen, do not worry about it, Bitcoin 3.84% is now … Read more
Canada is accepting a higher proportion of asylum seekers than it has at any time in nearly three decades, a CBC News investigation has found. CBC obtained almost 90,000 asylum claim decisions made by the Immigration and Refugee Board of Canada between January 2013 and September 2017. The decisions indicate where each asylum seeker comes from, why they … Read more
by TFittonJW the latest FBI texts: Obama wanted to "know everything" about Clinton email investigation from his appointee Comey. And no doubt we will find Obama wanted to "know everything" about his Clinton/DNC dossier/FBI spying on @RealDonaldTrump team. Will Obama be questioned? https://t.co/rXioZtoryV @FoxNews — Tom Fitton (@TomFitton) February 7, 2018 If there ever is … Read more
By Nick Cunningham U.S. shale is growing at a scorching rate, but will the shale industry be around for the long haul? A new study calls into question the heady projections for shale oil and gas, arguing that expectations of huge levels of production for decades to come are based on shaky assumptions. The Post Carbon … Read more
by BILL BONNER PARIS – It snowed all day yesterday. It is still snowing this morning. Paris is at its best in the snow. It is hushed and enchanting… like a beautiful woman who is about to tell a secret. 16 Million Dead Last Sunday, we went to mass in a little church in a small … Read more
The puzzle’s coming together now. I think this may be the first direct proof of tampering that the Dems can’t really talk out of. For instance they could BS and say “oh Obama wanted to know what we were doing because… Uhh… He cared about us?” (In reference to the other texts that came out … Read more
Overworked Americans are stuck in a financial groundhog day The U.S. had the fastest wage growth since 2009 in January. But in many other ways, American workers feel like they are working harder to achieve the same result. Does today feel a bit like yesterday, and the day before that? Feb. 2 is Groundhog Day. In the … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter And who was buying? Answers emerge. The S&P 500 index hit an all-time high on January 26, which was a Friday. The following week, it started to fall, including a messy 2.1% selloff on Friday that brought the weekly loss to 3.8%, the worst such decline since the selloff that ended … Read more