by Martin Armstrong Europe has just lost its mind over the Refugee Crisis because it reveals how the politicians have lied to the people. A Yazidi girl who was sold into slavery by the Islamic State managed to escape to fled to …
Proving yet again that crime does pay and reporting it does not. We are going to get what we reward. That’s why this kind of corruption is particularly insidious. via nakedcapitalism: The Wall Street Journal has just published a story …
” old-money billionaires are chasing new tech riches ” http://bit.ly/2KxosnA BITMEX make you rich. Get started https://bit.ly/2ADk6fe https://twitter.com/crypto_kx/status/1025897882199646209
BY JARED DILLIAN Lots of people (especially young folks) dislike cash. They say you can get pretty much whatever you want with a credit card. True, but now you have a credit card bill, and not many people pay it off …
As seen on Outnumbered Overtime White House Press Secretary Sarah Sanders was asked Wednesday about whether the president condones his supporters’ harassment of CNN reporter Jim Acosta. MORE: http://insider.foxnews.com/2018/08/01…
BY JARED DILLIAN Financial folks tend to overcomplicate things. Their jargon is an impenetrable wall of confusion to new investors. Let me uncomplicate things for you. For most people, all you need is a bank account. Let’s unpack this a bit. You are …
https://www.youtube.com/watch?v=USywndR0Eik We’re seeing the markets building, but could wall street be setting up the markets to crash before the midterms? Trump has been wildly successful with the economy, but China seems threatened by this.
via SUNNY OH An inverted yield curve has a strong record as a recession predictor The yield curve has captured Wall Street—and to a lesser extent Main Street’s—attention in recent weeks. And for a good reason. The past nine recessions have been …
by indianleo Earnings season is a very important period of time for investors as well as traders. Every public company posts their quarterly performance or earnings to the public and it generally takes place in January, April, July, and October of …
*Street Collapses & 92,000 Evacuated China*Typhoon Prapiroon*Floods & Landslide Nepal* Evolutionary Energy Arts Jul 3, 2018
by DCG The streets of San Francisco… SF is a sh*thole. Shocker, not. From SF Gate: In a move that is alarming San Francisco’s biggest industry, a major medical association is pulling its annual convention out of the city — saying its …
Fake News: MSNBC’s Joy Reid Wrongly Urges Twitter Mob to Attack Innocent Grandma. FoxLA.com reported the truth behind the image: A photo taken by the Ventura County Star that’s been making the social media rounds has become twisted as it churns its way …
by whenitsTimeyoullknow There’s a lot to unpack here. First: check out this news reported by the Washington Post, and understand that it’s presented through the lens of their owner (Amazon, who has a $600 million contract with the CIA). A company, RD …
Instagram Is Estimated to Be Worth More than $100 Billion oost in estimated valuation signifies a 100-fold return App is predicted to exceed 2 billion users within five years Facebook Inc.’s Instagram is estimated to be worth more than $100 billion, …
https://www.youtube.com/watch?v=XDROtSmWIgs Jack Davis for the Western Journal reports, The protest group Occupy Wall Street posted a tweet Monday giving instructions about how to kill an Immigration and Customs Enforcement agent. Read More/Source/Credit/FairUse: https://www.westernjournal.com/occupy…
via pjmedia: Nancy Pelosi’s weekly press briefings are becoming the stuff of legend. That is, legendary bonkers. Pelosi has given her opinion on the tax cut (“crumbs”), jobs growth (“means little”), and now offers her thoughts on the separation of children …
by Adam Taggart I didn’t have room in the above article for this chart, but it’s one that has stuck with me since I saw it when first published in 2015. Very few professionals left on Wall Street have any meaningful …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The trend is becoming clear. Blame surging home prices that have outrun wage increases for years, mortgage rates that have risen to the highest level since 2011, the massive affordability issues that come with those factors, …
Blackstone Group, Cerberus Capital and others face a little problem. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Demand for rental housing in Spain may have hit a wall, so to speak, while supply remains more or less unchanged, according to a …
by Jim Quinn Interesting charts. In 2007, prior to the Wall Street created worldwide financial collapse, the Fed Funds rate was 5.25% and credit card interest rates were 15%. The Fed then provided free money to their Wall Street bank …
by William Stickevers While Warren Buffett touts that he likened Bitcoin to “rat poison ” this week, the owner of the New York Stock Exchange (NYSE) is planning on letting customers buy and hold Bitcoin, The New York Times reported late Monday, …
The SEC still hasn’t stopped manipulative high speed traders from ripping off investors, even though the abuses have been self-evident for years to anyone paying attention. A series of events have brought the subject of high frequency trading abuses once …
If an ordinary person committed any of the abuses listed in the Consumer Financial Protection Bureau’s latest complaint against Wells Fargo, other ordinary people might call it “theft,” or “car theft.” Alas, Wells Fargo is only considered an ordinary person …
By David Stockman During an appearance on Fox Business this AM, we were reminded once again why capitalist prosperity in America is so dangerously imperiled and why the great bubbles in the stock and bond markets are living on borrowed …
by John Rubino Back in the 1500s, a financial agent of Queen Elizabeth I named Thomas Gresham observed that that “bad money drives out good.” That is, if two kinds of money are circulating at the same legal value, people …
by John Rubino Times have been hard for Wall Street banks lately, what with record amounts of cash pouring in and causing all kinds of bookkeeping headaches. So — big-hearted people that we are — Americans stepped up and helped …
John also runs the popular Dollar Collapse website. Jason asks John why the US Dollar hasn’t collapsed despite tens of trillions in central bank liquidity making the money bubble a lot larger since the 2008 financial crisis? Jason and John …
by John Rubino Back in the 1990s, critics of the dot-com bubble used to point out that the global economy depended on the US stock market and the US stock market depended on, like, ten Internet stocks with negative aggregate …
By David Stockman The single most important price in all of capitalism is the interest rate—-and at all points on the maturity curve. And the single most important truth about honest interest rates is that they must be discovered by markets, not imposed by the state. …
by Bill Bonner GUALFIN, ARGENTINA – Friday evening after the bell rang on the New York Stock Exchange, traders and analysts, sell side and buy side, 2018 quants and deep value dinosaurs, million-dollar-a-year partners as well as the order takers and …