by Charles Hugh-Smith Zombification / Japanification is not success; it is only the last desperate defense of a failing, brittle status quo by doing more of what’s failed. A recent theme in the financial media is the Japanification of Europe.Japanification refers to …
by Michael Snyder Earlier today, my attention was directed to a thread on an Internet discussion forum that lamented how much America had changed over the years. I don’t know exactly why, but the posts on that thread really touched …
by David Morgan of The Morgan Report Watch our weekly perspective on the World of Negative Debt Expands. Then please share our video of the World of Negative Debt Expands to your friends and family on social media. Financial repression is alive and …
#PMI this chart is confirming the falling PMIs around the world.. 📉 pic.twitter.com/iLUsYF8ymU — Alessio (@AlessioTMAD) April 1, 2019 Fresh figures Monday showed that an industrial downturn has gripped factories in the eurozone’s biggest countries, including Germany, the region’s economic …
https://www.youtube.com/watch?v=TLXGlpHFbxg via FT: Saudi Aramco has for the first time disclosed the financial performance it has kept secret for three-quarters of a century, revealing that the kingdom’s state oil company generated more profits last year than any other company in …
The Dragon in the Game Room. By Adam H. Williams, Senior Associate at E911-LBS, LBSglobe.com, for WOLF STREET: The opening of mainland China’s video game market to the world, combined with the rapid adoption of smartphones in China, has helped drive the extraordinary …
by visualcapitalist The World Wide Web is now as old as the typical millennial. On March 12, the World Wide Web celebrated its 30th birthday. Over the last three decades, we’ve seen it mature from the first webpage to having a ubiquitous presence …
With he rise of robots and narrow AI, it would seem that everyone from doctors to box factory workers will most likely be out of a job. Which means, that a large volume never seen before will be unemployed. https://www.youtube.com/watch?v=e0CuLxd0oCw …
by Dennis Miller Is the British government going to ignore the will of their citizens and not leave the EU? The EU’s immigration policies are sparking political backlash and citizens are taking to the streets. In January, Bloomberg reported, “Mario Draghi Sounds …
by Martin Armstrong While many believe that the off-exchange trading platforms in Bitcoin bypass fiat central banks, there are developments in the legal world that warn of regulation is headed into the field with a vengeance. There were three …
By Cyril Widdershoven The long awaited Saudi Aramco acquisition of Saudi Basic Industries Corporation (SABIC) is finally here. With a statement to the press, Aramco CEO Amin Nasser reported that Aramco has acquired a 70 percent stake in SABIC, with …
by Charles Hugh-Smith There is nothing intrinsically profitable about either robotics or AI. At the request of colleague/author Douglas Rushkoff (his latest book is Team Human), I’m publishing last week’s Musings Report, which was distributed only to subscribers and patrons of …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter WeWork isn’t a publicly traded company yet and doesn’t have to disclose financial information to the public, but it issued bonds in April 2018 and has to show its hapless bondholders some figures about its financial …
This video ranks the top 10 richest people in the world from 1990 to 2019 based off of net worth. The total net worth of each individual is based on their documented assets and accounts for debt.
via smh.com.au: The manufacturing industry data from the US and Eurozone late last week confirms the view that the global economy is slowing at a disconcerting rate and appears to show the reversal of the US Federal Reserve Board’s monetary policies this …
By Irina Slav Sinopec reported a 76-percent drop in its latest quarterly profit for October-December 2018, which is the lowest since at least the third quarter of 2016, Reuters reports, citing the company. However, the bad news was not a result …
the world is burning again pic.twitter.com/qxH4eO9znW — Alastair (@StockBoardAsset) March 22, 2019 https://twitter.com/MacroTechnicals/status/1109483329638858752 IHS Markit said Friday that manufacturing activity in Germany dropped to its lowest level in more than six years in March. In France, manufacturing and services slowed …
by Doug Casey Prediction 1: The End of Retirement The average American can forget about retirement. We’ve all heard these stories about how the average American couldn’t lay his hands on $1,000 to save his life. His expenses aren’t going away, however, …
by Michael Ballanger via Streetwise Reports After over 40 years in the world of money and markets, I have arrived at the conclusion that aging can be a double-edged sword where the advantages created by many years of experience are many times odiously …
via CNBC: Executives at FedEx, BMW, UBS and others are describing bleak macroeconomic conditions, which they say are weighing on business. The head of UBS says it was “one of the worst first-quarter environments in recent history,” while FedEx cites …
by Thinker WHEN ARE THOSE WHO GOO AGAINST EVERYTHING THAT REPRESENTS TRUTH, FREEDOM, AND LOVE ISN’T GOING TO STOP? https://youtu.be/vN38Mu6t_-Q It’s always an “accident!” The accidents are always only one way and happen so frequently that unless the people designing …
by John Titus of Best Evidence A brief introduction to 19th century monetary historian Alexander Del Mar, an outstanding member of that bare-knuckled school of writers founded by Catullus: 1:38 Introduction to Alexander Del Mar 2:40 East India Company expands its charter, 1662 …
by magnora7 “None are more hopelessly enslaved than those who falsely believe they are free.” – Johann Wolfgang von Goethe The Overton Window shows our conversations, words, and even thoughts are limited by what our culture and media signals to …
Macro Voices, Released on 3/15/19 Erik Townsend and Patrick Ceresna welcome Art Berman back to MacroVoices. Erik and Art ask the question was the oil price collapse more than just a correction? The look at world production surplus for 2019-2020, …
via silverdoctors: Hundreds of brand-spankin’ new, state-of-the-art planes have suddenly stopped flying, and no logistical hiccups? There’s an important reason for that… Hmm. Opinion? Why yes, this is. “Economic collapse”. That’s what people call it. But how do we know it’s real? …
by Michael Snyder On Thursday, rockets were fired at Tel Aviv for the first time since 2014, and Israel responded by hammering Hamas with airstrikes. This latest exchange has brought Israel closer to another war with Hamas than ever. But as …
Lead researcher Dr Gordey Lesovik said by putting scattered electrons back into their original shape they had effectively created a state which went against the ‘direction of time’ SCIENTISTS have built the world’s first time machine — sort of. Working …
via Reuters: It seemed like an opportunity a lender would not want to miss. The loan paid 10.25 percent interest which would go up if a benchmark rose. The borrower was Trident USA Health Services, a growing company which provided …
US rating agencies pressure Pemex and the new Mexican government. But Pemex is too big to fail. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The financial pains and strains continue to grow for the world’s most indebted oil company, …
