via Marketwatch: The slowdown in global growth bears strong resemblance to a 2015-16 episode that was driven in large part by softness in China. This time around, China’s problems could prove even more damaging, warned economists at Oxford Economics. “The …
from Jason Hartman’s Creating Wealth Today’s show features Jason Hartman discussing some of the main stories in the news today. The first story is one of the reasons Jason created Commandment #3 (Thou Shalt Maintain Control), the next is a potential …
Shanty-town redevelopment is important as this is a key part of domestic demand which is directly controlled by the government….. The PBOC prints money, lends it to the China Development Bank, the world’s biggest policy bank, via the Pledged Supplementary …
via caixinglobal: Business is usually booming for Wu Xia in the lead-up to Lunar New Year, China’s most important national holiday. While her neighborhood shop sells everything from teapots to toothbrushes, the traditional lanterns, red envelopes and other decorations popular in …
by Michael Snyder America’s twin economic “generals” are both in very deep trouble. General Electric was founded in 1892, and it was once one of the most powerful corporations on the entire planet. But now it is drowning in so …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Startups spend almost 40 cents of every VC dollar on Google, Facebook, and Amazon.” Chamath Palihapitiya, CEO of Palo Alto-based Social Capital – a “technology holding company” – and an early Facebook executive responsible for increasing its userbase …
by Dave Kranzler of Investment Research Dynamics A colleague/friend asked today how I thought the “FANG saga” would end. I replied that I don’t know about GOOG and FB, but AMZN is maybe worth $50/share as it burns cash every quarter despite manufacturing …
by LeftOfTheDials Just wanted to give you guys a bit of insight into the SWIFT network and it’s use in money transfers. It’s discussed here a bit with regards to first Russia then the EU discussing moving away from the system. …
via Ponzi World This cycle can be measured in printed money, wasted time, depleted capital, and non-stop bullshit. This is a level ’11’ con job – one clown size bigger than last time… No one was happier when Trump got …
Why what happens in the US+China+Japan really matters (chart)….why US nat’l debt going from $10–>$21T, China $7T–>$34T and Japan’c central bank’s balance sheet going from 30% to 100% of GDP matters. 3 largest economics in world running on PONZI finance …
Authored by Richard Murphy via Tax Research UK blog, The FT has reported this morning that: Debt at UK listed companies has soared to hit a record high of £390bn as companies have scrambled to maintain dividend payouts in response to shareholder …
Financial writer and precious metals expert Bill Holter thinks a debt reset is coming soon, and the powers that be are planning it. Holter explains, “I think the discussion is about timing and how the system is going to come …
Financial writer and precious metals expert Craig Hemke warns, “It’s pretty obvious to anyone that we are in this parabolic Ponzi scheme. The debt is now increasing globally at such an exponential rate that, at some point, it becomes unserviceable. …
by Mac Slavo of SHTFplan Dr. John Hussman, whose Ph.D. is in economics, says that the economic Ponzi scheme we are forced to live under will be the cause of the next market crash. Our “dysfunctional economic system provides the illusion of prosperity …
“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 …
via Hussman Funds: Ever-increasing amounts of debt, taken on by those least able to pay it back. As the current Everything Bubble inflates to ever-more-absurd levels, larger loans must be sold to people who have almost no chance of ever …
Follow link for full blog and charts, my edit below. https://www.hussmanfunds.com/comment/mc180604/ Consider two economic systems. In one, consumers work for employers to produce products and services. The employees are paid wages and salaries, and business owners earn profits. They use …
The horrible economics of the U.S. Shale Oil Industry will pull down the entire economy. Very few people understand the massive decline rates these shale fields experience. I explain in detail why the U.S. Shale Oil Industry is nothing more …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “If authorities do not act preemptively, cryptocurrencies could become more interconnected with the main financial system and become a threat to financial stability.” The official crackdown on the entire cryptocurrency space got a new and broader …
by Martin Armstrong Inevitably, all things must come to an end. Our entire problem with government is we have ZERO accountability and ZEROqualification standards to even run for office. The Democrats have put forth blacks and women, not because of their abilities, …
https://www.youtube.com/watch?v=-cx85jWhO5Y Today’s Guest: Harley Schlanger Websites: LaRouche Pac https://larouchepac.com
by Raúl Ilargi Meijer Jean-Léon Gérôme Slave market 1866 Here’s the story in a nutshell: Ultra low interest rates mark a shift away from people’s wealth residing in their savings and pension plans, and into to so-called wealth residing in their homes, which …
BY SRSROCCO For the U.S. Retirement Market Ponzi Scheme to continue, there must be a new group of suckers to pay for the individuals who are receiving benefits. Without a new flow of funds, the Ponzi Scheme comes crashing down. Such …