by Charles Hugh-Smith At that point, the only way to enable debt-serfs to service their debts is too give them free money, i.e. Universal Basic Income (UBI). Scrape away the churn and distraction and the problem is simple: the pie …
by Martin Armstrong The results of my life research, reading every newspaper story going into the bull market of the Roaring ’20s and the Great Depression revealed that before the high in 1929, when interest rates were rising, people …
via thefreethoughtproject: LOS ANGELES (CN) – A judge in Southern California lifted a temporary seal on Orange County police misconduct records Thursday, striking another blow to police unions who’ve argued in courts across the state that unsealing the records violates officers’ constitutional rights …
Can Trump Solve This Problem That’s Getting Worse Every Minute? The last time the US completely paid off the national debt was in 1840. It was the result of decades of balanced budgets under Presidents James Monroe, John Quincy Adams, …
By Irina Slav China’s renewable power generation capacity—including hydro—reached over 38 percent of total newly installed capacity at the end of last year. The country is clearly the world leader in wind and solar power additions as it seeks to …
Wall St. For Main St., Released on 2/21/19 Jason talks about a how China offering credit To all! $685 billion dollars in total aggregate credit in just one month!
By Robert Ross Transportation is a big issue in most of the US. It’s so big that for the majority of Americans having a car is a matter of survival. Most people can’t even go to work without a car. …
via mises: According to many economic experts and commentators, an effective way to generate economic growth is through the lowering of taxes. The lowering of taxes, it is held, is going to place more money in consumer’s pockets thereby setting in …
via silverdoctors: Oops, another country did it again! Italy thought it had some savings in real, physical gold, but as the oh-so-true saying goes, “if you don’t hold it… Italy has a crap-ton of gold. For all the flak Italy has …
Exchange-traded funds have been hailed for their accessibility, transparency, and, above all, low costs. But the way in which investors are actually able to buy and sell ETFs—and at what cost—runs counter to their promises. Even the word the industry …
Ohio Republican Rep. Jim Jordan says Democrats aren’t fulfilling their promise to negotiate a border security deal now that the government has been reopened. AC
by Shaun Richards Today brings a development which will no doubt be trumpeted across the media and it is explained by this from Reuters yesterday, Greece will return to bond markets with a five-year issue “in the near future, subject …
By Harry Dent Look at this insanity… I would never have thought this many major cities would have 11%-plus mortgages underwater… especially not at the top of a second real estate bubble. How bad will it be when we move into the …
BY JOHN MAULDIN Many analysts doubt a n0-deal Brexit is likely. They think some last-minute agreement will emerge. In theory, a “hard” Brexit is in no one’s interest. It makes no sense, the logic goes. So it won’t happen. The problem …
by The-Truth-Fairy Back in April of last year, Mueller’s office issued another rare statement about these kinds of stories. “What I have been telling all reporters is that many stories about our investigation have been inaccurate. “Be very cautious about …
Canadians who took on way too much debt will suffer the consequences. Canadians love debt. Some love it more than others but it’s certainly a trend. Drive down the busy roads and find every luxury car you can imagine. Drive …
by Simon Black We are in the midst of the longest government shutdown in history. Don’t get me wrong, I like having the government shut down. As I’ve said before, I believe it is my moral duty to pay as little …
via Bloomberg: The 14 percent drop in the S&P 500 Index last quarter has big implications for state and local pension funds, which probably saw the value of their assets fall by about 7 percent. Investors with the benefit of a …
via @HayekAndKeynes: As a result, the number of cost-burdened renters (>30% of income on housing) has doubled since 1960, reaching almost 50% of all U.S. renters
by Lance Roberts Over the last few weeks, I have been asked repeatedly to publish my best guess as to where the market will wind up by the end of 2019. Here it is: “I don’t know.” The reality is …
via washingtonexaminer: Most Americans believe that illegal immigration is a problem but are split over what to do about it, according to a new survey. The latest Economist/YouGov.com poll found that 84 percent believe illegal immigration is a “problem” for the United States. …
from the US Department of Congress: Funding for a portion of the federal government expired on December 21, 2018. The Department is prepared for a lapse in funding that would necessitate a significant reduction in operations and is currently implementing its …
via project-syndicate: A decade after the subprime bubble burst, a new one seems to be taking its place in the market for corporate collateralized loan obligations. A world economy geared toward increasing the supply of financial assets has hooked market participants …
Mueller Has a Big Problem If Carter Page Isn’t a Diabolical Spy. As of now, Carter Page hasn’t been charged with so much as lying to the FBI or filing a faulty tax return, let alone Russian spying. He endured …
by Kimble Charting Is the Banking sector sending a message that weaker economic times are ahead for the U.S. economy? Possible! click image to enlarge This chart looks at the Banking Index (BKX) over the past 25-years. It 2007 the index broke 11-year …
by Dave Kranzler of Investment Research Dynamics I chuckle when the hedge fund algos grab onto “positive” trade war headlines and trigger a sharp spike in stock futures. Settlement of the trade war between the Trump Government and China will do nothing to …
https://twitter.com/OccupyWisdom/status/1072759212122476544 Yep, Bitcoin was a bubble. And it popped. https://t.co/RFl50WlXw1 (via @Bopinion) pic.twitter.com/90HSOIVqme — Bloomberg Crypto (@crypto) December 11, 2018 https://twitter.com/OccupyWisdom/status/1072747112557936640 https://twitter.com/OccupyWisdom/status/1072738111556333569 https://twitter.com/IncomeDisparity/status/1072478322276352000
by John Ward IT’S SIX MINUTES TO MIDNIGHT FOR ELECTIVE DEMOCRACY IN THE WEST. AT 12.06, RESISTANCE WILL BE SHUT DOWN. THE TIME TO AVOID VIOLENT ANARCHY IS NOW ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ As the end of the week draws nigh, we see our legislative, …
by Martin Armstrong Denmark plans to house the country’s most unwelcome foreign refugee who has caused problems in a most unwelcoming place they could find – Lindholm Island. It is a tiny, hard-to-reach island that now holds the laboratories, stables, and crematory …
Big Tech is not the problem – It is merely a tool (Link to article below) https://nationalpost.com/opinion/marn…