via WSJ: The most dangerous domestic problem facing America’s federal government is the rapid growth of its budget deficit and national debt. According to the Congressional Budget Office, the deficit this year will be $900 billion, more than 4% of …
by Martin Armstrong As there is a drive to eliminate cash, police are engaging in illegal search and seizures of debit cards. More and more businesses are refusing to accept cash, which was noted even at a ball game at …
via stratfor: Highlights A combination of domestic and external forces will continue to slow Italy’s economy in 2019, resulting in a lower-than-expected GDP expansion in the third largest economy of the eurozone. The European Union and financial markets will increase pressure …
From the National Interest: 2018 was a year of breakthrough diplomacy and proxy warfare, Trumpian chaos and unexpected U.S. military drawdowns. An American president and a North Korean dictator shook hands for the very first time since the Korean Peninsula was …
by Graham Summers of Gains, Pains, & Capital Yesterday’s bounce was yet another example of why bear markets are so difficult to navigate. Everyone is so excited that President Trump might be able to cut a deal with China… that they’re buying stocks without looking …
via Christopher Anstey Morgan Stanley sees the U.S. economy in a sharp slowdown next year, along with a pick-up in global inflation that keeps monetary tightening intact. For investors, that means get out of credit, stock up on cash and head …
via Yahoo: General Electric Company has watched its share price crater more than 56 percent across 2018. Investors are taking fright at its huge debt pile. The wider U.S corporate debt market has stretched to more than $9 trillion. How …
October’s jobs report shows the labor market tightening and wages rising at the fastest pace of the recovery. While that’s all good news for now, “the economy really needs to slow to avoid a dangerous overheating,” Goldman Sachs economist Jan …
Original release:09/26/2018
Josh Sigurdson talks with author and economic analyst John Sneisen about the coming crash of Deutsche Bank as the massive German lender attempts to merge with Commerbank, a far smaller but also indebted bank. Germany appears to approve the move …
via Sara Tipton : Natural disasters bring out the best in some people, but the worst in others. As the nation grapples with the aftermath of Hurricane Florence, victims of the storm’s wrath should also be on alert to avoid becoming …
The cryptocurrency industry offers a world of exiting opportunities because it promises exponential levels of profitability that traditional assets such as stocks can’t match. However, the cryptocurrency industry is not one large bed of roses—you’ll be bedeviled by gut-wrenching volatility …
President Trump has secured concessions from Europe to avoid a trade war, with Europe agreeing to the following (per Dow jones): *Europeans agreed to work on more U.S. LNG exports *Europeans agree on lowering industrial tariffs *EU agrees to align …
by Martin Armstrong If there is a possible scam, someone will always figure it out. In Australia, they hunt money with unbelievable audacity and hand out tickets to motorists for everything. Someone has figured out a way to beat the …
by DCG From Yahoo (via Engadget): The New York Times recently published a reportthat revealed a disturbing trend of harassment and domestic abuse via internet-connected devices. In addition to using them to stalk and monitor their victims, abusers are also doing things like changing door-lock codes, turning lights …
by AMY S. What is GMO/Genetically Modified Food? “GM”, “GMO” and “genetically modified” is the result of a laboratory process of taking genes from one species and inserting them into another in an attempt to obtain a desired trait or …
by stockboardasset The accelerating demise of Subway, the world’s largest sandwich chain, will one day be just another case study of how to run a once-magnificent business empire into the ground, as Americans quickly abandon five-dollar footlongs. The New York Post recently …
While I know the report is supposed to be primarily about discovery, I found the list of “recommendations” at the end to be insulting, considering most of them are basically “oh, we got caught, how can we prevent that in …
by these-things-happen Taxpayers who owe tax and file their federal income tax return more than 60 days after the deadline will generally face a higher late-filing penalty. Ordinarily, the late-filing penalty, also known as the failure-to-file penalty (FTF), is assessed …
by FS Paying Back College Loans Student debt has topped $1.5 trillion in the US, and many are concerned about their ability to both pay for college and cope with loans after graduation. But it isn’t as dire as some …
by Martin Armstrong QUESTION: Hi there Mr. Armstrong In attempting to synthesize some of your past comments, I wonder if it is accurate to conclude that rate hikes are the lesser of two evils between collapsing pension funds and higher debt …
by Jeremiah Johnson “I know this has been covered before by everyone, but I’m compelled to state it again: what is in his hands? Hands empty? And he’s about to attack you? Go through him, do damage, and leave. As …
by Dr. Eowyn Amazon founder Jeff Bezos, who also owns the Washington Post, may be the world’s richest person, with a net worth of about $112 billion. But workers in his warehouses are so desperate to keep their jobs that they don’t …
Watch the latest video at foxnews.com The Committee to Defend the President (CDP), a political action committee formally known as Stop Hillary PAC, filed its complaint with the FEC in December 2017 with the claims that the Hillary Victory Fund …
by visualcapitalist In today’s tech-driven economy, data is essential for gaining new insights, making decisions, and building products. In fact, there is so much data out there, that the quantity of it is doubling every two years – and by 2020, …
Josh Sigurdson talks further with author and economic analyst John Sneisen about the 2018 Canadian budget as we continue our series! This time around, we talk about bond buybacks and how the Canadian government and central banks are desperately trying …
In a move that would make even Orwell cringe is horror as a bizarre group of chicken necks at the WTO (World Trade Organization) says nuclear waste in food is not a reason to avoid eating it, No I’m not …
https://www.youtube.com/watch?v=y_dUQz13EWI https://dailykenn.blogspot.com/2018/01/hs-teacher-says-us-marines-are-bunch-of.html DAILYKENN.com — Still upset over that “shores of Tripoli” episode? From Fox News ? A California high school teacher and local politician is being investigated after a student clandestinely recorded his apparent anti-military rant. Administrators at a high …
