There have been nearly a dozen so-called bombs sent to top Democrats around the country mainly on the east coast. None of them were detonated. I say “so-called” because police are reporting that many of the bombs “could not have …
via cato.org: The U.S. Treasury reports that the federal budget deficit was $779 billion in fiscal 2018. The deficit is caused by spending in excess of tax revenues and is financed by borrowing from foreign and domestic creditors. Federal spending in 2018 was …
Do you think the economy is doing well? Everyday the economy gets weaker and weaker. There’s no chance in stopping the decline without drastic change. We will never see that change because the globalist elite have control over every sector, …
by Martin Armstrong Believe it or not, Obama, who raised taxes dramatically, is claiming the recovery is because of him and not Trump. On September 7th, 2018 Obama at a speech at the University of Illinois sharply criticized Trump and then claimed …
Authored by Tuomas Malinen via GnSEconomics.com, Market liquidity is crucial for well-functioning capital markets. There has been a quite lot of talk about diminished market liquidity and the role of machines in it (see, e.g. Q-review 4/2017, this and this). These are worrying developments. …
via ocregister: Southern California’s economy is growing at its slowest pace in more than seven years, according to an index from the Federal Reserve Bank of St. Louis. To create regional indexes that track a region’s business output, Fed researchers reviewed a …
by Michael Snyder The bigger they come, the harder they fall. Currently, we are in the terminal phase of an “everything bubble” which has had ten years to grow. It is the biggest financial bubble that our country has ever …
https://www.youtube.com/watch?v=kziMxIs_d_w “Are we on the verge of another economic collapse the next great depression? A devastating stock market crash and a horrific implosion of the global debt bubble? On my youtube channel I have been relentlessly warning my watchers …
Larry Summers: This might be the most short-sighted set of economic policies since World War II from CNBC.
by Thinker Will the housing crash and economic collapse happen in 2018? The housing market indicated that a crisis was coming in 2008. Is the same thing happening once again in 2018? For several years, the housing market has been …
via Robert Gore at Straight Line Logic On Septemeber 30, at Murphy, North Carolina, I addressed the Appalachian Network PATCON, a gathering of very bright people on the cutting edge of preparation for the coming catastrophe. The topic was: “How to Survive an …
Will Italy be bailed out? If so, by who? ECB? Other Euro countries? The U.S? Greece has been dealing with a heavy crisis for years. With the IMF and massive intervention, Greece has yet to fully collapse. Today the crosshairs …
via Hankyoreh: “If North Korea introduces reforms and openness, it will achieve rapid economic growth in the double digits or higher.” Speaking in an Oct. 2 interview on the Traffic Broadcasting System (TBS) program “Kim Eo-jun’s News Factory,” world-renowned investor …
by Charles Hugh Smith via Of Two Minds In the present era of decadence, Universal Basic Income (UBI) is the modern equivalent of Bread and Circuses. The dynamics of decadence are easy to understand: as affluence becomes the norm that is widely assumed to be …
by sundance Hammer it home Pete, keep hammering it home. “U.S. Economic Security is U.S. National Security”; and by extension global security. Those words were first spoken by Commerce Secretary Wilbur Ross to an international audience at Davos in 2017. In …
Renowned trends researcher Gerald Celente is making a big change to his 2018-2019 economic forecast. What is the timeline for this coming market meltdown? Celente says, “The timeline is tough, but look . . . all you need is one …
by mg_ridgeview Water is probably the single most important thing you could stock. After that, all the medical supplies and pharmaceuticals you can get your hands on. First aid kits, sanitizer and toiletries too. Medicine/medical supplies, preserved foodstuffs, water, utility knife, …
https://www.nytimes.com/2018/09/28/business/china-censor-economic-news.html A government directive sent to journalists in China on Friday named six economic topics to be “managed,” according to a copy of the order that was reviewed by The New York Times. The list of topics includes: ■ Worse-than-expected …
by Daisy Luther, The Organic Prepper I was skimming the headlines in my newsfeed when I came across something that made me do a doubletake. Not because of what it said, but because of where it was from. Next crash …
by HomoSemiHabilis Hear me out on this because I think it’s the most empirical treatment of how things could very quickly go horribly wrong. Fact 1 : banks handle the very infrastructure of payment through credit card, checks, wire …
“China will not change its domestic policy because of external pressure,” said Jing Ulrich, managing director and vice chairman of Asia Pacific at J.P. Morgan Chase. “The problem is in the technological sphere [both] China and the U.S. want to …
from Zero Hedge For more than half of American communities, the economic “recovery” that has created millions of jobs and pushed GDP growth above 4% during Q2 never happened. Indeed, while urban centers like New York City have created millions of …
The central bankers pushed the idea that criminals use cryptocurrency, but we see time and time again that the banking system is being used for criminal activity, Danske bank caught laundering billions of dollars. The housing market continues to implode …
From Birch Gold Group It’s no surprise that big banks like Wells Fargo and Bank of America encounter problems at a large scale. They suffer computer glitches that kick homeowners to the street. They get investigated by various Government agencies. They face lawsuits, …
via Ambrose Evans-Pritchard: The world’s major economies are skating on dangerously thin ice and lack the fiscal, monetary, and emergency tools to fight the next downturn. A roster of top crisis veterans fear an even more intractable slump than the Lehman …
by howmuch Hawaii’s Kilauea volcano is now threatening to destroy more homes, forcing the authorities to order a mandatory evacuation for additional neighborhoods. There’s no telling when the volcano will finally stop, but it has already destroyed 82 structures. That means …
via Larry Elliot As a profession, economists are absolutely hopeless at forecasting recessions. That is true not only in the years before a severe downturn. It happens when the storm is about to break. Back in 2008, the Bank of England …
Bank of England is warning that if there is no deal BREXIT the entire economic system will come crashing down but the banks will be ok. Central bankers threatening those who want to leave. Sears is going down, they can …
