If Everyone Knows Pensions Are Screwed Why Are They Investing In The Exact Same Fashion?

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by jessefelder The brewing pension crisis has been well-documented by a number of platforms and pundits over the past few years. But there are two charts that put it into perspective for investors who find themselves in the same boat as pension managers looking for returns in a world nearly devoid of them. The average pension … Read more

HUGE WINTER STORM CAUSING CHAOS ACROSS U.S. – Forecasts Show More Snow Coming

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https://www.youtube.com/watch?v=VpTr_T3zoQ8 Residents across a huge swath of the U.S. were hunkered down as a massive winter storm packing snow, ice and high winds, followed by possible record-breaking cold, moved up the Eastern Seaboard. The worst conditions were expected from the Carolinas to Maine. It has prompted thousands of canceled flights, shuttered schools and businesses and … Read more

Strong Earthquakes Hit San Francisco And Mount St. Helens And Experts Warn They May Be Foreshocks For ‘Something Larger’

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By Michael Snyder Just when it seemed like things may be settling down, two very unusual earthquakes have hit the west coast within the past couple of days.  A 4.4 magnitude quake struck Berkeley, California just prior to 3 AM on Thursday morning, and a 3.9 magnitude earthquake hit Mount St. Helens in Washington state … Read more

Pakistan Dumps The Dollar In Trade For Chinese Yuan

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News Articles here: 1. Pakistan is ditching the dollar for trade with China — 24 hours after Trump denounced the country https://www.cnbc.com/2018/01/03/pakis… 2. Pakistan summons US ambassador over Trump’s ‘lies and deceit’ tweet https://www.theguardian.com/world/201… 3. Angola plans to ditch currency peg to dollar, restructure debts https://www.ft.com/content/d27d0e62-f… 4. What a weak dollar means in 2018: staycations … Read more

2017 US Auto sales declined by 1.8%. It was the first overall decline since the Financial Crisis

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Tesla gets crushed by the big boys. Total new-vehicle sales in the US fell 5.2% year-over-year in December to 1.6 million units. For all of 2017, sales declined by 320,000 vehicles, or 1.8%, to 17.23 million units. It was the first overall decline since the Financial Crisis. Compared to 2015, sales … Read more

Clinton/Obama gang go ballistic as Justice Department ‘Looking Into’ Hillary Clinton’s Emails— Again. News comes after big Judicial Watch Weiner disclosures/pressure.

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I’m smiling. https://www.thedailybeast.com/justice-department-looking-into-hillary-clintons-emails-again?ref=home “Clearly, that’s the least they can be doing, is asking some of these questions,” said Tom Fitton, who heads Judicial Watch. “I think there’s enough there to re-initiate an investigation.” “It’s certainly a positive development,” added Fitton, whose organization sued for the release of thousands of Clinton emails and deposed her top … Read more

Will Millenials Ever Be Able To Retire?

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by Dennis Miller My oldest granddaughter (early 30’s) recently asked me that question. She and her husband have two children, a new home and are still paying off their college loans. I can still remember when we lived from paycheck to paycheck, questioning why there was so much month left at the end of the money…. … Read more

Panic Starts: Millennial Deaths Surge, As Opioid Crisis Deepens

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by stockboardasset Despite all the chatter surrounding the ‘globalized synchronized growth’ narrative rocketing equity markets to the moon, and or the constant bombardment of news stories about newly minted Bitcoin and Ripple millionaires living in their parents’ basement. The fracturing of the real economy verse the financial economy has become more evident than ever, as many millennials … Read more

It will reach a boiling point: In Germany, the freedom of speech has officially ended… Top-selling German newspaper says new online hate speech law must be scrapped

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(Attention: strong language in eighth paragraph) * Law setting big fines for social media came in on Jan. 1 * Bild says has had inverse effect, helped anti-migrant party * Justice minister says law protects freedom of opinion By Michelle Martin BERLIN, Jan 4 (Reuters) – A new law meant to curtail hate speech on … Read more

EAST COAST BLITZED BY FAST-MOVING SUPERSTORM… 18" IN BOSTON!? ARCTIC BLAST: MORE RECORDS SMASHED

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U.S. East Coast Blitzed by Fast-Moving, High-Impact Winter Storm By the time Friday is here, people along the length of North America’s East Coast will be recuperating from a punishing round of heavy snow, high winds, and bitter cold. This nor’easter—dubbed Grayson by The Weather Channel—will rank among the most impressive of recent decades in … Read more