Why Is An Appendectomy In The United States 10 Times More Expensive Than An Appendectomy In Mexico?

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By Michael Snyder This is what can happen when you go to a socialized healthcare system.  A lot of people out there believe that the United States has a free market healthcare system, but that is actually not true.  The percentage of the population that receives government-subsidized healthcare is rapidly approaching 50 percent, and the … Read more

Here’s How Germany is Dealing with Angela Merkel’s Failed Immigration Policies

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by Chris Black It’s an undeniable fact that Germany’s chancellor Angela Merkel, also known as Mutti Merkel (Mother of Refugees), is one of the persons accountable for European Union’s (failed) open borders policies. The thing is, back in 2015, Chancellor Merkel took the decision to open-wide Germany’s borders and allowed over one million (nobody knows … Read more

The Crux of the Gay Wedding Cake Issue

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by Mark Angelides Once again the story about the baker who refused to bake a cake for a gay couple is in the ages of our newspapers. We are being asked to look at it as though the baker, Masterpiece Cakeshop, was asking for “the right to discriminate” (LA Times) and that their refusal is akin … Read more

BIS: The situation in the global economy is similar to the pre-2008 crash era… 'WORSE THAN 2007': Top Central Banker warns of looming wave of worldwide bankruptcies

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Financial markets could be over-heating, warns central bank body Bank for International Settlements’ quarterly health check warns global economy resembles era just before financial crash Investors are ignoring warning signs that financial markets could be overheating and consumer debts are rising to unsustainable levels, the global body for central banks has warned in its quarterly … Read more

The Dow Is Currently Meeting 2 Important Trendlines, One Dating Back 7 Years Of This Bull Market

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by SpontaneousDisorder The market has drawn these out. I think the combination of rallying to meet these lines with the tremendously overbought technical condition of the stock market makes this important. This chart shows parallel trendlines for the middle portion of this bull (wave 3) although wave 5 (within this wave 3) didn’t manage to hit … Read more

Fed Is In Trouble! It Wants To Cool Financial Markets And The Economy But Can’t Control Financial Conditions… This Time IS Different—Except For 1929!

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Fed is in trouble It wants to cool financial markets and the economy but can’t control financial conditions – @ Johnny Bo Jakobsen?     ECB warns of possible global market correction after excessive risk-taking The European Central Bank (ECB) warned Wednesday that despite the improved economic growth in the euro area there are concerns related to a … Read more

Current Stock Market Looks EXACTLY Like Financial Crisis and Dot-Com Charts! PARABOLIC Stages Could Be Here!

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People fall into the same patterns in their daily lives. Habits form very easily. As habitual creatures, we look for patterns which we can align with and feel comfortable. In the stock market, investors, and algorithms, trading on investors behalf, look for these patterns which suit them, and bet on it. This just happens to … Read more

Bitcoin Is A Speculative Asset, Not A Currency—This Explains The Volatility

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by Spencer P Morrison, NEE Bitcoin Loses Over One-Fifth Of Value In Under 24 Hours—Why is Bitcoin so Volatile? Reuters reports that Bitcoin lost over 20 percent of its value within the last 24 hours, sliding from Wednesday’s high of $11,395 down to a low of $9,000 in volatile trading on Thursday.  Prices recovered slightly towards the … Read more

Rents Plunge in the Most Expensive US Cities

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But many mid-tier markets are red-hot. In San Francisco, the most expensive major rental market in the US, the median asking rent in November for one-bedroom apartments, at $3,390, is up 1.8% year-over-year, but is down 7.6% from the peak in October 2015. The median asking rent for two-bedroom apartments, at $4,380, … Read more

Trump's Gravest Mistake

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by Daniel Carter Trump continues to make a mistake so costly that it could relegate him to the title of worst president of all time. Let me say first, if you are a Trump supporter, I am not your enemy. I am generally indifferent toward Trump and want the United States to succeed no matter who … Read more

Why The US Map Could Look Radically Different In 15 Years

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by Daniel Carter The United States has been consistently gobbling up new territory for the last 241 years. Ever since the founders declared the 13 colonies independent from Britain, the US has acquired its 50 states through clever land deals and plunder. The current US map does not even include the 16 territories and hundreds of … Read more

How The Soviet Union Won The Cold War

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by Daniel Carter After World War II, the victors began a mission to mold the world in their own image. However, the images of the United States and the Soviet Union, the two most powerful and influential countries after WWII, were the antithesis of each other. The United States was intent on spreading the principals of … Read more

Kate’s Law Killer Judged Innocent – A Mockery

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by Mark Angelides When Kate Steinle was killed whilst walking on San Francisco’s pier 14 back in 2015, the ensuing case engulfed the nation in a debate rarely seen: What should happen to deported illegal immigrants if they try and re-enter the country? Yet the verdict has just come in, and will likely be even more … Read more