by Doug French via Mises Wire The New York Times reminded us that two things which go together are a currency crisis and prostitution. The featured story on October 28 was the red light district in uber-depressed Athens where “Dimitra, a middle-aged woman …
You may not agree with Glenn Greenwald often, and you may even believe that Julian Assange is/was a national security threat. Reasonable minds can differ. But Greenwald’s piece in The Intercept underscores what many conservatives, libertarians and free-thinkers have known for a …
by Tom Luongo The only words that were left out of Theresa May’s announcement of achieving Cabinet approval over her Brexit deal were Mission Accomplished. Theresa May was put in charge of the U.K. to betray Brexit from the beginning. She always …
by Thinker Is Amazon working for the people or against them??? History and actions are showing that there are questionable actions coming from those who have not openly supported the 45th president of the United States Donald Trump. Since Hillary …
Authored by Haley Zaremba via Oilprice.com, Canadian oil producers are in an increasingly tough predicament. With high and increasing oil demand around the globe over the last year, Canadian oil production has increased accordingly. All of this is simple and …
by Martin Armstrong QUESTION: Mr. Armstrong, you said that next year, interest expenditure will most likely exceed military. Is this how the monetary crisis begins to unfold? WR ANSWER: The entire problem with this Quantitative Easing has been the plain fact that …
Dave Kranzler of Investment Research Dynamics interviewed by Elijah Johnson of Silver Doctors Kranzler thinks the fundamentals are showing the economy is headed south more quickly than many people are expecting. Kranzler estimates that the 2019 fiscal deficit could end up as high as $1.8 …
The stock market has behaved wildly in the last few weeks, as the Fed tightening and trade issues still plague the markets. In the previous quarter, funds have been selling off particular stocks and it’s quite interesting to see what …
by PaidGovernmentShill_ Maybe this will wake em up a little: So many smiles, so little tears and sadness from the Borderline “mass shooting.” https://youtu.be/hqI8ssifRiY Robbie Parker, smiling and laughing, and “getting into character” while hyperventilating. Gene Rosen, whose entire story …
via dailyreckoning: I’m in Dublin, Ireland, today, where I was honored and humbled to receive a writing award from Trinity College. It’s my job to continue pointing out the risks to the financial system that we still face and to try …
BY JOHN MAULDIN Debt is a huge a drag on the economy. It’s especially true after it rises over the 80 to 90% of GDP level. US government debt is now 106% of GDP. And if you add state and local …
via interest.co.nz: The next economic crisis is closer than you think. But what you should really worry about is what comes after: in the current social, political, and technological landscape, a prolonged economic crisis, combined with rising income inequality, could well …
Policy-makers are urgently trying to stem China’s economic slowdown amid an escalating trade war, record corporate defaults and a plunging stock market. China Banks Fall on Concern Loan Targets Are a Step Too Far China’s biggest banks dragged down the …
From Birch Gold Group It’s become fairly common knowledge that public pensions are on the verge of either radical overhaul or extinction. Worldwide, pensions are set to reach a shortfall of $400 trillion. This is a larger amount than 20 of the world’s …
BY JOHN MAULDIN Is debt good or bad? The answer is “Yes.” Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don’t have cash yet. Whether it’s wise or not depends on …
via 13d: On a personal level, political and macroeconomic level, there are few questions with more significant implications for Americans. The following article was originally published in “What I Learned This Week” on October 25, 2018. To learn more about 13D’s …
by Martin Armstrong The Bundesbank has come out warning that there is a German pension crisis. They have proposed that states raise the pension tax and that they should gradually increase the retirement age because the life expectancy in the future has …
via CybergothiChe: There is a housing crisis in Australia’s apple isle, Tasmania. It is part of a greater plan to use Australia as a lifeboat for humanity when society in the rest of the world fails due to nuclear war. But …
BY JOHN MAULDIN There’s very real possibility the global economy breaks down in the next six months. Anything could trigger a crisis, and it could well be something no one now foresees. But here are my three candidates. Corporate Credit Crisis …
The city of Newark recently came under fire after tests showed that the city’s declaration that its water is “absolutely safe to drink” was completely false. Reports now show that not only does the city’s drinking water also contains alarming …
by John Rubino Nicolas Taleb: “We’ve put novocaine on cancer, so we’re more fragile today than in 2007” … Raoul Pal on “The coming retirement crisis; Americans’ net worth is terrifyingly sad” … Peter Schiff predicts “dollar crisis and $5,000 …
The economy is not one sided. That’s for certain. Just by choosing a particular set of statistics, we can think that the economy is doing great. Sure, you can stick your head in the sand and pretend everything is just …
Do you think that this will be a problem? The Federal Reserve is completely controlling the financial system. They even admitted to having a short position on the VIX, ensuring it remains unusually low through turbulent times. They admitted to …
by saystruethings Student loans, China (in itself there’s probably another 1,000 problems), Social Security, or another major war. Student loans: The recession of 2008 was caused by the housing bubble. I know so many people that have confided to me, “yea …
by TFittonJW Here is the latest Judicial Watch Update: Key background: https://www.judicialwatch.org/press-room/weekly-updates/weekly-update-new-soros-docs/
Extreme poverty has jumped 40%, deaths related to child malnutrition are on the rise, and millions have fled the country in the past two years. https://www.bbc.com/news/av/world-latin-america-45879534/venezuela-crisis-mothers-giving-away-babies-children-living-on-streets Venezuela crisis : Where families buy rotten meat to eat h/t KOS
The global economy is diverse. Mining commodities, financial services, manufacturing, construction, and even building empty cities and bridges to nowhere. But most modern countries today are becoming more and more concentrated in what they do. Globalization has diminished the diversity, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter China has a lot of balls in the air at the moment. FocusEconomics asked me and a bunch of other illustrious luminaries, “How and when will the next financial crisis happen?” First things first. A “financial …
A 49 minute video by real vision that’s slightly sensationalist and tries to scare you with creepy music but all in all has some really good info.
