This is an embarrassment! All that welfare and nothing to show for it . “But but we are the 5th largest economy “ “But but tech companies !” — Were California a Country It’d be the 17th Most Unequal Nation …
40% of all multinational profits and 50% of US ones are in tax havens, US companies report more profits in Ireland than China, Japan, Germany, France and Mexico combined. 10% of global GDP is being held inside tax havens ~ …
via nationalreview: Before I get started, let me clarify something. Groupthink, mob behavior, panic, etc. have a powerful capacity to make smart people dumb. This is the moral of every witch-hunt story and is about as well documented as any phenomena …
Do you think we are experiencing similarities with the “Roaring 20’s”? Let me know what you think. When a market behaves according to fundamentals, it’s easy to track. When there is euphoria and manipulation, it becomes quite difficult. Today we …
via yahoo: With little prospect of a restart for U.S.-China trade talks, JPMorgan Chase & Co. now expects an escalation in tensions that will see higher American tariffs on all Chinese imports, sending the yuan sliding to its weakest against …
Renowned trends researcher Gerald Celente is making a big change to his 2018-2019 economic forecast. What is the timeline for this coming market meltdown? Celente says, “The timeline is tough, but look . . . all you need is one …
via NYPOST: Ten years ago, it was too-easy credit that brought financial markets to their knees. Today, it could be a global debt of $247 trillion that causes the next crash. After a decade of escalating US household debt brought …
Friends from all over the world, I need your input! Please let me know what country you’re from and what debt situation is. Are people taking on MASSIVE mortgages and credit card debt? Or does everyone pay for everything in …
by Daniel Carter The crash of 2008 is now a distant memory for most people. The economy is seemingly on a roll and stock prices are near all-time highs. However, what we learn from history is that we do not learn …
From Jim Rickards, Editor, the Daily Reckoning: Several years ago, I began warning my readers that a global trade war was likely in the wake of the currency wars. This forecast did not seem like a stretch. It would simply be …
via thefederalist: “That is is not my recollection of the eight years under President Obama,” Hemingway said. “He blamed many bad things in the country on people watching Fox News. He claimed it was on every bar in the country why …
https://www.youtube.com/watch?v=iBdL8IcovPM Joseph Curl for the Daily Wire reports, Jon Kyl, once the second-highest ranked Republican in the Senate, has been named to succeed the late Sen. John McCain, the Arizona Republic reported Tuesday. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/35415/…
LATE-STAGE SOCIALISM: The exodus from Venezuela threatens to descend into chaos. Threatens? EVER since Nicolás Maduro became president of Venezuela, the plight of the country’s citizens has gone from bad to worse. On August 19th 1,000 Venezuelan migrants fled from the …
Update: The Bay Area Air Quality Management District issued a Spare the Air Alert for the Bay Area for Thursday and Friday. Read the full story here. End of update. The gray haze over San Francisco isn’t just summer fog. It’s also …
via frontpagemag: New York City will be spending $2.06 billion on its Department of Homeless Services. There are 61,421 homeless people in the city which is spending $33,539 per homeless person. That’s only a little short of the starting salary of an FDNY firefighter at …
by Joseph Lafave of The Daily Caller Vessels sailing in the vicinity of Trinidad and Tobago are now under threat of being the victims of piracy for the first since the 1700s. According to a report from the Washington Post, in the wake of …
https://www.youtube.com/watch?v=gFbHeVVqG8M It can get worse for dems . AC
via Mark Brandly Voters tend to be rationally ignorant. Since a single vote does not matter, for most potential voters, the cost of being politically well-informed is greater than the benefit of being knowledgeable about political affairs. Therefore, it’s rational for most …
by Jeff Clark, Senior Precious Metals Analyst, GoldSilver Mike Maloney mentioned an economist he was studying as part of his research for a new book, so I ordered one of his books. The core message in this economist’s book pulls no …
Worried About The US? The Debt Bubble Is Much Worse Elsewhere. How Much Debt Do Countries Need To Create $1 of GDP? In China, $6 for each $1 of GDP In Australia, $9 https://twitter.com/dlacalle_IA/status/1026430184574996480 The debt problem is not going …
https://www.youtube.com/watch?v=SsbJ2FRgvcs Rep. Gaetz Reveals What the DOJ Could be Hiding and It’s 50X WORSE Than Watergate! https://truthfeednews.com/rep-gaetz-r…
WAR IS PEACE, FREEDOM IS SLAVERY: Liberty Makes Us Unfree, Says the ACLU. As Conquest’s second law of politics states, “Any organization not explicitly right-wing sooner or later becomes left-wing.” AC
A Hollywood actor gives his thoughts on Hollywood’s pedo problem. Is he being honest, or is he just trying to get attention? Its hard to tell, but with all of the recent accusations coming out, I think its important to …
by stockboardasset According to researchers at the Economic Policy Institute (EPI), a Washington, D.C.-based liberal think tank, the top 1 percent of American families took home approximately 26.3 times as much income as the bottom 99 percent in 2015— a 4 percent increase …
by Simon Black Yesterday the Office of Management and Budget released a new report called the “Mid-Session Review” of the US federal budget. It’s something they’re required by law to do– periodically review and update the government’s budget and track the changes. The …
by Wayne Root I have written so many columns detailing the radical views and mental derangement of liberals. It’s hard to believe, but it’s getting worse! Liberal candidate for New York Governor Cynthia Nixon (former star of “Sex and the City”) …
Everyone talkin’ about the yield curve… The bond market is saying the Fed is about to push us into a recession. We are about a year away from a fully inverted yield curve (3m vs 30Y) based on the current …
via Palisade One of the most important macro-situations that’s developing right now is the looming U.S. dollar shortage. I don’t mean in the sense that banks don’t have enough dollars to lend out – I’m talking about the foreign sovereign …
President Donald Trump said Friday that he is trying to stay uninvolved in the Justice Department but he may have to be involved if its bias against him worsens. Trump, targeting “vicious” text messages about the FBI attempting to stop …
