Brexit Bill becomes law, the UK is now preparing to leave the EU. Consumer confidence takes a dive. An end of an era, Toys R Us will be closing its last store. Housing prices are now starting to deflate, we …
Make American, buy American. Gerald Celente discusses the need for America to become more self sustaining as an economy. https://www.youtube.com/watch?v=5ZOvFiHJHi8
TradersChoice.net, Released on 6/24/18 Lots of folks are saying that this fall, around September, could be the blow up! They probably won’t be able to keep it up until the midterms…especially not taking into account a black swan event that …
by MICHAEL SNYDER Today, millions of Americans say that they believe that the United States is on the verge of a major economic collapse and will soon be entering another Great Depression. But only a small percentage of those same people are prepared for …
The President signed the first major tax reform in 30 years. As the economy grows, federal revenues are increasing. April 2018 had a record surplus of $214 billion. Over 500 companies (507) have announced bonuses, wage increases, and new investments. …
by Michael Snyder Can the global financial system handle a full-blown trade war between the two largest economies on the entire planet? We have never seen anything like this happen in the modern age, and this is creating a tremendous amount …
BY PATRICK WATSON The US economy is growing but corporate profits are not, according to data released last week. That’s disappointing for stockholders. On the other hand, we just saw a string of years when profits outpaced economic growth by a …
Join Ron Paul and Chris Rossini as they discuss the lies of economy and wars by the U.S. government. Over the last 100+ years, the U.S. has waged endless wars that have all been wrapped in extravagant lies. The lies …
SEC rules Ethereum is not a security, which means that other cryptocurrencies will most likely fall into this category. The reason stated is because the network is decentralized. Unemployment has dropped to the lowest point in 45 years. There are …
Authored by Charles Hugh Smith via OfTwoMinds blog, The bubbles in assets are supported by the invisible bubble in greed, euphoria and credulity. Well, folks, here we go again: we have a double-bubble economy in housing and stocks, and a third …
Two thirds of Americans are worried about the high cost of living and declining wages. Countries owe the central banks trillions of Euros.The Fed has made their move they raised rates and are now on track to mimic 2008. Once …
by Charles Hugh-Smith These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all sense something is deeply, systemically wrong with the U.S. economy. These nine structural dynamics generate secondary dynamics, …
by Wayne Root I love reporting from Trumpland (aka the USA). One thing is certain. Life is never dull around President Trump. This is the greatest time to be alive for comedians, radio and TV talk show hosts and columnists. I’ve got …
via salon: Why is the world the way it is, and how did it get that way? One book I read in the past year explained more about that question than any other, and it wasn’t about Donald Trump or the …
“The hallmark of an economic Ponzi scheme is that the operation of the economy relies on the constant creation of low-grade debt in order to finance consumption and income shortfalls among some members of the economy, using the massive surpluses …
Trump meets Kim, Putin meets MBS, U.K. MPs vote on Brexit bill Fed to hike, ECB to update bond plan, BOJ to keep stimulating https://www.bloomberg.com/news/articles/2018-06-10/brace-for-the-world-economy-s-most-important-week-of-the-year It’s supposed to be a week when many in Europe are on their to, if …
Bernanke saw no risk to the economy of: . $13 trillion deficit . $4.7T Fed QE bubble . $1.5T increase in taxes . Stagnating real wages . Productivity growth and labor participation rate at 1978 levels. …But is worried about …
via The Gold Telegraph: The primary benefit of being a private corporation is the ability to operate in near total secrecy. When you don’t have to report earnings, you don’t have to report on how you obtained those earnings, what …
https://www.bloomberg.com/news/articles/2018-06-07/argentina-secures-50-billion-in-imf-backing-to-bolster-economy Argentina secured a $50 billion stand-by arrangement from the International Monetary Fund to help restore investor confidence as the government takes aim at double-digit inflation and a widening budget deficit. The rescue program’s size, which would run for 36 …
by Fabius Maximus Summary: Today we got more great news about the economy: there are more openings than unemployed. It is fake but exciting clickbait. We are ignorant because we read the news, chapter one million. Yesterday’s hot headline: “There are …
Venezuela recovers its gold from Citigroup. Argentina is trying to move away from the central bank. The IMF is pushing austerity on the people and the people are angry. There are now more job openings than there are unemployed people …
In your opinion, are share buybacks deliberately being used to push stock prices higher? Have no fear, the Fed will save the day! But if the Fed is reducing its balance sheet, isn’t that the exact opposite? What would happen …
Kitco News, Released on 6/4/18 “This has a lot to do with just not being competitive on a tax basis; not being competitive on a carbon tax basis, not being competitive on a corporate tax basis, and then on top …
from Zero Hedge The world’s push towards de-dollarization continues to accelerate as Americans go about their daily lives worrying more about blasphemous comedians, participation trophies, and Kim and Kanye’s traitorous behavior. From yuan-denominated oil futures (and soon to be yuan-denominated metals contracts) to Europe’s …
https://www.youtube.com/watch?v=MGOgMbq9p9Q Today’s Guest: Wolf Richter Website Wolfstreet http://wolfstreet.com
by Martin Armstrong QUESTION: Dear Martin, Re: Non-Farm Payrolls Blowout All Analysts Show USA is Still Holding Up the World I am been following you for a number of years and believe you to be one of the best-informed analysts …
WASHINGTON (AP) – The Environmental Protection Agency has sent the White House a proposal widely expected to scale back future fuel-economy standards for cars and trucks. EPA spokesman Jahan Wilcox confirmed Thursday that the agency has sent proposed new standards …
From Birch Gold Group When you poke a bear through a cage, eventually that bear becomes enraged enough that it will want to reach through the bars and take a swipe at you. The U.S. has been poking a global trade …
BY PATRICK WATSON Financial markets move when humans (or machines programmed by them) buy or sell. In theory, these decisions are rational. But in reality, they’re often driven by emotions. The two key investor emotions are fear and greed. Today, I want to …
via Bloomberg: “The U.S. dethroned Hong Kong to retake first place among the world’s most competitive economies, thanks to faster economic growth and a supportive atmosphere for scientific and technological innovation, according to annual rankings by the Switzerland-based IMD World …