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By Michael Snyder Do you have an emergency fund? If you even have one penny in emergency savings, you are already ahead of about one-fourth of the country. I write about this stuff all the time, but it always astounds me how many Americans are literally living on the edge financially. Back in 2008 when … Read more
by Mark Angelides The European Union is taking Poland, Hungary and the Czech Republic to court for refusing to take 160,000 migrants in under an agreement made in 2015. They are looking at a fine of 250,000 Euros per migrant. But what is not being reported is the fact that these three countries ARE taking … Read more
by Chris Hamilton Economists spend inordinate time gauging the business cycle that they believe drives the US economy. However, running in the background (and nearly entirely forgotten) is the population cycle. The positive population cycle is such a long running macro trend thousands of years in the making that it is presently taken for granted. It is assumed that upon every … Read more
by Michael Snyder After a bit of a lull for the past couple of months, the march toward war appears to be accelerating once again. On Monday the U.S. military shot down yet another Syrian aircraft, and it appears that President Trump’s patience with North Korea’s nuclear program may have run out. Unlike our wars … Read more
by Dr. Eowyn I’ve posted about Americans’ dismal state of finances before, but this news shocked even me. Today, Bankrate.com released the results of its June Financial Security Index survey that 24% of Americans — 1 in every 4 Americans — don’t have even a single dollar saved for an emergency. According to the U.S. Census … Read more
By Guido Lasken By Guido Lasken There’s not much more than a year before the midterm elections – and those will be much too important to let the Deep State and its media outlets turn them into the usual “left” vs. “right”, “Republican” vs. “Democrat” or “progressive” vs. “conservative” battle, or even a referendum … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The HK financial system is “very strong” and “can withstand an adjustment in the property market.” The Hong Kong dollar is pegged to the US dollar. Hong Kong’s monetary policy is follows the Fed’s monetary policy. The Fed has embarked on a tightening cycle, raising rates four times so far. The … Read more
by Geoffrey Grider ARIZONA REPUBLICAN SEN. JOHN MCCAIN IN 2012 TURNED OVER NEARLY $9 MILLION IN UNSPENT FUNDS FROM HIS FAILED 2008 PRESIDENTIAL CAMPAIGN TO A NEW FOUNDATION BEARING HIS NAME, THE MCCAIN INSTITUTE FOR INTERNATIONAL LEADERSHIP. EDITOR’S NOTE: Donald Trump promised to ‘drain the swamp’ when he was elected. RINO Sen. John McCain is … Read more
by Ian Shilling The PetroDollar Economy The petrodollar system was set up by Kissinger in circa 1975 to drive up the demand for U.S. dollars. In 1971 the U.S. went bankrupt from the costs of the Vietnam War and the U.S. could no longer afford to pay its foreign creditors in Gold at $35 per … Read more
David Davis and EU rule out soft Brexit on day one of negotiations David Davis and the EU slammed the door on any prospect of a “soft” Brexit as formal negotiations on leaving the EU finally got underway in Brussels. The Brexit Secretary confirmed Britain would be leaving the customs union and the single market, … Read more
by Mark Angelides We are all familiar with the Clinton Foundation and the nefarious purposes for which it has been used; it was the bankroll for Hillary’s failed bid, it funds dangerous and divisive “protest” groups, it has been used for further enriching the Clinton family, and of course it has been used as a … Read more
by Mark Angelides In the wake of an attack against Muslims at a London Mosque, the British Establishment has resorted to a level of chaos and idiocy that failed to appear when terrorist attacked were carried out BY Muslims. For those of a more conspiratorial bent, it might suggest who is truly in charge of … Read more
By Michael Snyder The quote in the headline comes from Ron Paul, and it should be the goal of every conservative lawmaker in the entire country. When professional politicians tell you that they are in favor of reforming the tax code or reducing taxes a little bit, essentially what they are telling you is that … Read more
by Duane Norman, Free Market Shooter In spite of low volumes, US stock markets made fresh all-time highs today: The Dow Jones industrial average rose about 140 points and hit intraday and closing records, surpassing a previous all-time high of 21,391.97, which was set last week. The S&P 500 gained 0.8 percent to also reached … Read more
by SpontaneousDisorder https://www.ft.com/content/721399c6-51d5-11e7-a1f2-db19572361bb How I learnt to stop worrying and love Big Tech If Alphabet’s valuation is a bubble, the word has lost all meaning, says Miles Johnson Lots of people are worrying about Big Tech. The so-called FAAMG stocks (Facebook, Apple, Amazon, Microsoft and Google) have surged in value this year, prompting bank … Read more
by Robert Carbery The mainstream media’s assault on the Trump administration and its voters continues. The heated rhetoric has contributed to the rising instances of political violence from the shooting of Rep. Steve Scalise to the refusal of service of those wearing Trump-related attire. Violence from the left has been the dominant theme during the … Read more
by Robert Carbery The situation in Syria will only continue to deteriorate if the United States continues its irresponsible attacks on forces that are fighting the Islamic State (ISIS). President Trump’s foreign policy has been anything but inspiring during his first six months on the job. Instead of moving to mending relations with Russia, the … Read more
by David Haggith You may not see it yet, but the scale of the retail apocalypse is so massive that it is about to engulf the US economy. As when a flood tide has crept around you on all sides while you were standing on a high spot out on the flats, not paying attention, you … Read more
Actions and words are now seperating those who support a new world order (NWO) being created by chaos out of order, and there are judges. politicians, elites, and corporations that seem to be doing everything in their power to bring about a new world order (NWO). All over the world illegal immigrants are being transported … Read more
by Mark Angelides It has taken almost exactly one year from when the British people voted to leave the European Union to start the negotiations which began today. During the June 8th election, more than 80% of the voting public voted for parties that said “we will leave the European Union and the Single Market”, … Read more