by Ron Paul According to financial writer Simon Black, the federal government is spending approximately 52,000 dollars per second. This, not last year’s tax cuts, is the reason why the national debt has reached a record 21 trillion dollars, which is …
via Michelle Jamrisko Officials gathering for Group of 20 meetings in Buenos Aires this weekend will have plenty more crisis fodder than Lionel Messi’s World Cup performance to gab about. We heard growing fears this week that a downturn might be brewing from various corners of …
by DCG On Sunday I told you about a full page ad an anonymous person placed in the SF Chronicle to warn residents to “watch your backs” because the city can’t do anything about the homeless crisis. Apparently people have had enough with the homeless in …
Josh Sigurdson talks with author and economic analyst John Sneisen about a story that is not being picked up by the media at all. A story coming out of the notorious, yet beautiful island country of Cyprus. We all remember …
by stockboardasset According to the CDC’s Mortality and Morbidity Weekly Report, the number of overdose deaths involving fentanyl and fentanyl analogs doubled in the last several years. The third wave of the opioid epidemic is here, as new synthetics [fentanyl analogs] that …
by Martin Armstrong During the 1980s, I was called in to create a hedge for a bank against the Turkish lira which nobody made a market on. I had to create a synthetic hedge for the currency was moving into …
Print The Bubble. The reason why capex is poor is that QE perpetuates overcapacity. Growth is poor because QE props up unproductive government spending and -as u said- housing bubbles Debt accumulation and saver repression are not social policies. …
via RT Expect big problems with the global economy as the trade conflict between the United States and China escalates, predicts veteran investor Mark Mobius. There’s no question we’ll see a financial crisis sooner or later because we must remember …
by Simon Black Exactly ten years ago, in the middle of the summer of 2008, the world was only two months away from the most severe financial crisis since the Great Depression. At the time, the size of the US economy …
Over half (54%) of all U.S. children (as of 2007) had a chronic health condition—with developmental and behavioral problems, obesity, allergies, asthma and mental health conditions leading the pack—and the prevalence of many of these conditions doubledfrom 1988 to the mid-2000s. Federal …
Jake Lloyd predicts the coming collapse of Mexico’s newly elected socialist government, and the migrant crisis that would create. https://www.youtube.com/watch?v=3ZlwddkUOy4
by Martin Armstrong COMMENT: Mr. Armstrong; I find your analysis refreshing here in Europe. Sometimes we cannot always look in the mirror objectively. You are correct that perhaps the greatest fault in trying to create the euro has been this idea …
Hardliners in Chancellor Angela Merkel’s conservative bloc on Monday gave her a two-week ultimatum to tighten asylum rules or risk pitching Germany into a political crisis that would also rattle Europe. Interior Minister Horst Seehofer’s CSU party at a meeting …
by John Rubino One of the things giving “data-driven” central banks wiggle room on their pledge to tighten monetary policy is the fact there are several definitions of inflation. In the US the thing most people think of as inflation …
DRUDGE: “VENEZUELA HELL: Inflation rises to 43,378%!” – VP Mike Pence Addresses the Crisis VENEZUELA HELL: Inflation rises to 43,378%! https://t.co/9vEi1pRLXM — NEWS MAKER (@NEWS_MAKER) June 28, 2018 Vice President Mike Pence Verified account @VP Venezuela was once a beacon …
by mark000 For these indicators, falling = a bad sign 52-week high Week 25 June % change Observation Financials 500 437 -12% Fell from 500 to 90 during the GFC Deutsche Bank 20 10.40 -48% The rules say no more …
by Shaun Richards This morning has brought news of something which would bring a chill to the heart of any central banker. It comes from China as we note this from Reuters. So far this year, the Shanghai stock index …
by John Rubino Being huge, consequential and technologically advanced, China isn’t normally lumped into the “emerging” category with Brazil and Argentina. To most observers they’ve already left the kids table and are now seated with the developed-world adults. But that might …
by stockboardasset A new report by the U.N. Special Rapporteur on extreme poverty and human rights in the United States finds about 40 million live in poverty, 18.5 million in extreme poverty, and 5.3 million live in Third World conditions. The 20-page report …
Maduro assassinates his foes at a whim: http://archive.is/cwJx9
by Martin Armstrong The Refugee Crisis in Europe is tearing it apart and all of this began with a unilateral decision by Merkel when her polls declined because of her tough policy on Greece. The refusal to compensate Italy and to …
Yield-seeking demand and resulting issuance of low-grade corporate debt in this cycle is what yield-seeking demand and resulting issuance of low-grade mortgage securities was in the last cycle. The lesson to learn is that people don’t see risk until it …
Doug Noland: The Stage Set Is for the Mother of All Financial Disasters U.S. Home Prices at Least Affordable Level Since Q3 2008 (Home prices rising faster than wages in 64 percent of local markets) Yesterday, I discussed how the median …
Trump is now enjoying his highest approval ratings … AP
https://twitter.com/OccupyWisdom/status/1009555255393181696 Is South Korea the canary in the coal mine? pic.twitter.com/QWSUdBxDNj — Alastair (@StockBoardAsset) June 20, 2018 The Luxury Sector has been one of the consensus longs into the recovery. Now close to a key support pic.twitter.com/wlKcbv7R3H — Daniel Lacalle …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Despite persistent and false memes to the contrary. When a housing downturn gets big enough, there will be a mortgage crisis, and it will hit banks, shadow banks, and mortgage insurers no matter what the mortgage …
by Dr. Eowyn In the latest manufactured crisis by the Left, we are inundated by the media with denunciations of President Trump’s evil “policy of separation of families”. The Catholic Church’s clergy also jumped into the fray, ignoring the Left’s …
by TFittonJW Three minutes of truth: Our latest lawsuit…https://www.judicialwatch.org/press-room/press-releases/judicial-watch-sues-doj-for-mueller-deputy-andrew-weissmann-text-messages-regarding-trump-clinton/
Cover image from @CNN on Twitter By Bob Shanahan Here’s the easiest solution to the current controversy regarding illegal immigrant children being separated from their families: don’t enter the country illegally, don’t break the law, don’t try to …
“I would also say one other thing, these child actors weeping and crying on all the other networks 24/7 right now,” said Coulter, who made the comments while appearing on Fox News yesterday. “Do not fall for it, Mr. President.” …