Those who believe the economy is about to lift off have it ass backward. The economy is on its final legs.

Authored by Mike Shedlock via The Maven Interbank lending took a historic dive. Readers ask “What’s happening?” Let’s investigate. Note: The led-in chart in this article is inaccurate. For details please see Interbank Loan Series Update: Message From “Fred” However, the message that follows, still applies. Here is a better chart to reflect on. What’s going … Read more

It's Not Just Bitcoin — 'This Is The Everything Bubble'

by SP It’s not just bitcoin — ‘this is the everything bubble,’ analyst Peter … Bitcoin activity suggests risk aversion is picking up, Peter Boockvar warns from CNBC. CNBC–2 hours ago “This is the everything bubble generated by seven years of zero interest rates and negative interest rates overseas and massive amounts of money printing. It shows … Read more

A 400 Year Chill in the Air

Article in Wired Magazine details the cooling in 1000 AD transition form warm to cold by English monks and the changes in society that occurred because of that shift in solar output. All the while the UK Met Office puts out a report that the globe will warm by 1.0C over he next 5 years, … Read more

HAHA! Tree Huggers FREAKING OUT as Trump Again Puts Their WORST NIGHTMARE on the Table at the EPA

https://www.youtube.com/watch?v=-xF3bUDLV-o Chris White for the Daily Caller reports, President Donald Trump’s new budget for 2019 proposes even steeper cuts to the Environmental Protection Agency than the White House sought during 2017’s proposal. Read More/Source/Credit/FairUse: http://dailycaller.com/2018/02/12/epa…

Interbank Lending Got CRUSHED! Fed Admits They Short Volatility! Here’s Why

The banking system is a disaster. It’s all coming down when the central bankers decide to pull the plug. Do you think the Fed and other central banks are responsible for stock market fluctuations? Interbank lending got crushed. But don’t ask those in the financial establishments to acknowledge it. You need to understand what’s happening … Read more

Lynette Zang: It’s Inevitable – There WILL BE A Global Debt Reset

Lynette Zang interviewed by Sean on SGTreport Lynette Zang from ITM Trading joins me to discuss the economy, precious metals and the storm that’s brewing. The criminal banks have stopped lending to each other because they know something is very wrong. Will  the masses realize it – or be told about it – before it’s too late? Probably not. … Read more

Fannie needs first U.S. bailout since 2012 after tax-cut loss

From Joe Light at Bloomberg: Fannie Mae will request an infusion of taxpayer money for the first time since 2012 because of an unintended but anticipated side effect of the corporate tax cut signed into law in December. The mortgage-finance company, which reported fourth-quarter and full-year financial results on Wednesday, said it will need to draw $3.7 … Read more

Court Blocks White Alabama Community from Creating Its Own School System… But schools are still seceding around the country!

The predominantly white Alabama city of Gardendale will not be allowed to secede from the majority black Jefferson County to form its own school district, a federal appeals court ruled Tuesday. (Snippet) Last year, a judge ruled – albeit reluctantly – that Gardendale could partially secede from Jefferson County. The judge’s ruling, which acknowledged that … Read more

Piers Morgan: 'Poisonous Viper' Omarosa Asked Me for Sex on 'Apprentice' to Try to 'Make Money'

Piers Morgan blasted former “Apprentice” contestant and onetime White House adviser Omarosa Manigault Newman as a “poisonous little viper,” ripping her for badmouthing Vice President Mike Pence’s devout Catholicism. On CBS’ “Celebrity Big Brother,” Omarosa criticized Pence, saying that America should not want to impeach President Donald Trump because Pence is a religious extremist. “I’m … Read more

I'm from Texas and hundreds of people have died and keep dying of the flu a day now

The fort Worth area. The schools are empty and every day at least 3 people are dying a daymIt’s bad around here this could be ground 0. https://www.dallasnews.com/news/public-health/2018/01/11/just-deadly-flu-season-dallas-fort-worth   The 2017-18 flu season continues to take a toll in Dallas-Fort Worth, and officials say it’s too soon to know whether the worst is over. In … Read more

Cable News Ratings Feb 12. CNN is in the TOILET! Can't even get a Million viewers for any of their shows. Fox News smashing in Primetime.

Good chunk of that viewership are white noise tv’s like at the airport. In the last two minutes of Tucker last night he explained how CNN pays to be on in airports. They provide TV’s, service for the televisions, and hundreds of thousands of dollars in some “package” to be broadcast to everyone in airports across … Read more

Trump Threatens To Veto Any Immigration Bill Which Doesn’t Fully Deliver…To Close Dozens of Refugee Resettlement Offices

President Donald Trump will veto any immigration bill to codify DACA protections into law that does not meet his three core demands, a senior administration official told Axios. Trump’s veto threat comes as the Senate begins a period of debate on immigration in which lawmakers will try to conjure a bill capable of garnering the requisite 60 votes. … Read more

After Storm, Volatility Speculators Pull A 180

by Dana Lyons Non-Commercial Speculators in VIX futures have now flipped from their largest net-short position ever, to their largest net-long position. One of the key components, and perhaps drivers, of the recent stock market plunge was the activity within the volatility market. As everyone was aware, the monetary size (and one-sidedness) of the “short volatility” … Read more