ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Jun 02 09:50

Hasse hires scrapers as a dwelling place for beggars

Under a motorway bridge, 23-year-old Dimitri is sleeping in her new home - a scrap-ready car in a secluded parking lot.

An alternative housing market for poor EU migrants is growing when anonymous registered cars are now being sold as housing.

The car dealer Hasse Stenberg, 63, is one of the profit-makers in the new market.

"I enjoy life and travel on a cruise and then, or a boat trip out to sea," says the heavily indebted car goalkeeper in interrogation.

Jun 02 09:36

Shocking New Figures Reveal Almost 50% of Americans will Die Poor

According to the National Bureau of Economic Research, almost half of all Americans will die poor.

Jun 02 09:06

POLICE STATE: WHY JAILS ARE BOOMING

It’s impossible to discuss reducing incarceration without acknowledging that the bulk of imprisonment happens in local jails. Federal penitentiary rates have dropped since peaking in 2009—though, under Attorney General Jeff Sessions, that may soon change. State prison rates have come down “modestly” overall, reports the Sentencing Project, and some states can boast double-digit decreases since the turn of the century.

City and county jails, meanwhile, have been bloating. Roughly two-thirds of states have seen jail populations at least double since 1983—a dozen have seen jail populations triple.

A new report from the Prison Policy Initiative examines the reasons behind this explosive growth. Perhaps unsurprisingly, it’s not driven by crime. Crime rates nationwide have dropped over the past few decades, as have conviction rates in court. So then why do jails keep swelling?

Webmaster's Commentary: 

The American prison system is completely dysfunctional, period, end of discussion; if you don't understand that, look at the recidivism rate for this country:
The Bureau of Justice Statistics has finally released new information on recidivism rates among former prisoners in the U.S.—and while the numbers, aren’t necessarily surprising, experts say, they are disturbing. The study, released Tuesday, tracked 404,638 state prisoners from 30 states who were released in 2005. It found that 67.8 percent of them were re-arrested within three years of their release and 76.6 percent were re-arrested within five years. Of the latter group, more than a third were re-arrested in the first six months after leaving prison, and more than half were arrested by the end of the first year, showing that the rate of recidivism was highest during the first year and declined every year after that.

I have what I would call a "hug and a punch" relationship with the work of film maker Michael Moore; that being said, I found his documentary "Where to Invade Next", released in 2015, to be nothing less than a stroke of genius.

One of the segments was on a prison in Sweden, and how prisoners were treated there. The treatment was humane, and the prison had more of a campus-like atmosphere. Family visits were encouraged, and the big push is for as total a rehabilitation of each prisoner as is humanly possible.Sweden has done for its prisons what the US government will not

The Swedish numbers on recidivism speak for themselves. So at the end of the day, I have to ask myself; why is the American penal system pathologically incapable of learning from systems which are working far better to prevent American criminals, who have done their time, not to re-offend?!?

Jun 02 09:05

RIPPLE Crypto-Currency Up 20% Today….. It’s The Wild West Out There

After the crypto-currency, Ripple, fell 12% yesterday, it surged over 20% in trading today. Folks, it’s the Wild West out there in crypto-currency land. I have been spending some time looking into these crypto-currencies because there seems to be a great deal of mystery behind them. And I like looking into and solving mysteries.

Jun 02 08:42

People Not In Labor Force Soar By 608,000

In May, a whopping 608,000 American exited the labor force, as the number of people not in the labor force surged to 94.983 million, up from 94.375 million in April.

Jun 02 08:41

Deutsche Bank Trader Admits To Rigging Precious Metals Markets

After months of "smoking guns" and conspiracy theory dismissals, a Singapore-based Deutsche Bank trader (at the center of fraud allegations) finally confirmed (by admitting guilt) what many have suspected - the biggest banks in the world have conspired to rig precious metals markets.

Jun 02 08:15

Which U.S. Jobs Are Disappearing Fastest?

Jun 02 04:29

The Elderly: Preventing America From Becoming Great Again

Manchester Alderman Chris Herbert wants the elderly to GET OUT

(*what this alderman said is sure to drive libretards out of their gourds)

Jun 02 02:12

Uber burned through almost as much money as NASA last quarter

Uber reported yesterday that its NET LOSS totaled more than $700 million last quarter, despite pulling in a whopping $3.4 billion in revenue.

(This means they spent at least $4.1 billion!)

Jun 01 20:21

Globalist plan to sink the economy of America into a final death rattle has been rejected by Trump.

June 1, 2017, a day that will live in infamy for the liars, thieves, and killers of the new international economic order. They will see it as infamy, because their plan to sink the economy of America into a final death rattle has been rejected by Trump.

Jun 01 15:29

12 Signs The Economic Slowdown The Experts Have Been Warning About Is Now Here

Since the election there has been this perception among the American public that the economy is improving, but that has not been the case at all. U.S. GDP growth for the first quarter was just revised up to 1.2 percent, but that is even lower than the average growth of just 1.33 percent that we saw over the previous ten years.

Jun 01 14:56

Another U.S. retailer closing 40 stores

Jun 01 14:55

June Gold Contracts Changing Hands Actively

Jun 01 14:36

This Is Why The Dollar Empire Is About To Fall

The EU is pushing the UK to pay for everything to leave. This is more about trying to keep the UK from leaving. Banks are now reporting that revenue will be much lower now and moving forward.

Jun 01 14:12

Does Weak Box Office Reflect Weak Economy?

Jun 01 13:56

When Does Buying Gov’t Bonds Support Corrupt Governments?

The president of Venezuela’s opposition-run Congress led by Julio Borges came out and accused Goldman Sachs of “aiding and abetting the country’s dictatorial regime” after a report that Goldman had bought $2.8 billion in bonds from the cash-strapped country at 31 cents on the dollar. They paid $865 million.

Jun 01 13:03

High-Touch, Low-Touch and the Relentless Automation of Jobs

The existing platforms of for-profit cartels/monopolies and the central state are no longer able to provide enough paid work and high-touch services for everyone.

Jun 01 12:51

The Numbers Are In: A Single-Payer Health System in California Would Cover Everyone and Save Tens of Billions a Year

Almost all Californians and California businesses will see lower health care costs under a single-payer system, according to a fiscal analysis presented Wednesday by the bill’s sponsor and the California Nurses Association. The exceptions are the top 10 percent, individuals making $340,000 or more annually; and the most profitable firms, where a proposed tax surcharge on earnings could exceed savings from no longer paying for their employees' health plans.

The analysis was done by a team led by Robert Pollin, the co-director of the Political Economy Research Institute at the University of Massachusetts and a former UC Riverside faculty member. At a Sacramento press conference, he explained how a single-payer system would enable all Californians to be completely covered. That includes 3.7 million currently uninsured residents and another 12 million who are underinsured, meaning they cannot afford their policy’s co-pays and deductibles.

Jun 01 11:23

Homelessness In LA Jumps Over 20% In 1 Year

The homeless population in Los Angeles County, California went up 23 percent in 2017, quadrupling last year’s percentage increase. The fastest growing demographics were young people, Hispanics and military veterans.

Jun 01 11:06

Tulsi Gabbard - Break Up the Big Banks

Jun 01 10:36

Venezuela devalues currency in crisis dollar sale

Crisis-hit Venezuela devalued its currency by 64 percent in a dollar auction that aimed to stabilize its foreign exchange market, officials said Wednesday.

Under an overhauled official exchange system, the government let investors bid for the dollars at a new higher rate in what President Nicolas Maduro said was an effort to undermine the black market.

It was the latest in a series of moves to ease a crisis in a country stricken by soaring inflation and shortages of food and medicine.

Jun 01 10:29

Snubbed! Furious Juncker vows Brussels will BLOCK trade deals between US and EU states

FURIOUS Jean-Claude Juncker last night lashed out at Donald Trump’s attempts to sideline the EU and vowed Brussels would move to block any attempted trade deals between the US and member states.

In a rancorous speech the EU Commission chief accused the eurosceptic President of giving him the “cold shoulder” and ignoring the role of eurocrats in running European trade negotiations.

Mr Trump has openly stated previously that he prefers dealing bilaterally with countries on a one to one basis and is not a fan of overbearing supranational structures like the EU.

Webmaster's Commentary: 

And Junker is going to do this...how?!?

By preventing individual EU members from trading bilaterally with the US?!?

I think this guy needs a reality check; I seriously doubt this attempt at restraint of trade is actually going to happen.

Jun 01 10:18

SOROS: THE EUROPEAN UNION IS NOW IN AN "EXISTENTIAL CRISIS" AND TRUMP'S AMERICA IS A "HOSTILE POWER"

Commenting on the current state of the European experiment, George Soros warned the European Union has plunged it into an existential crisis as a result of "dysfunctional" institutions and austerity mandates, and will require the bloc to reinvent itself to survive. Speaking at the Brussels Economic Forum, the billionaire investor said the EU had "lost its momentum" as he urged policymakers to abandon hopes of "ever closer union" driven by a top-down approach from Brussels, a statement which will likely displease Germany.

"The European Union is now in an existential crisis," Soros told a Brussels audience. "Most Europeans of my generation were supporters of further integration. Subsequent generations came to regard the EU as an enemy that deprives them of a secure and promising future."

Webmaster's Commentary: 

Mr. Soros, a word, please; the concept of the European Union, and the reality of what it has become, are two completely different creatures.

The entire concept of a European Union was doomed from the start, and the uber-administrators in Brussels, writing the rules, have little or no understanding of what their dictates are doing to murder businesses (except for the too big to fail banks)

There is no democratic voting on EU regulations, which makes the EU a completely dictatorial in all but name.

Any "reinvention" of the EU will have to have complete accountability to the countries which choose to take part in it, period, end of discussion; unfortunately, however, it may be too late in the game for this to get accomplished.

Jun 01 10:12

CNBC - $100k Bitcoin in 10 Years

Synopsis: According to an analyst who correctly predicted that Bitcoin would hit $2,000 this year, told CNBC yesterday that Bitcoin could hit $100,000 in the next 10 years.

Jun 01 10:11

Bitcoin is at risk of no longer being the biggest digital currency

Step aside, bitcoin. There’s another digital token in town that’s winning over the hearts and wallets of cryptocurrency enthusiasts across the globe.

The value of ether, the digital currency linked to the ethereum blockchain, could surpass that of bitcoin by the end of 2018, according to Olaf Carlson-Wee, chief executive officer of cryptocurrency hedge fund Polychain Capital.

Jun 01 09:28

GM announces more layoffs in Michigan

Jun 01 09:26

MICROSOFT CO-FOUNDER BUILT THE WORLD’S LARGEST PLANE TO LAUNCH ROCKETS INTO SPACE

Microsoft co-founder Paul Allen has spent the last six years working on a giant aircraft capable of launching rockets to space. Today, his company Stratolaunch Systems literally rolled that plane out of its hangar in the Mojave Desert for the first time ever.

Jun 01 09:09

Trump-Phuc rekindle US-Vietnam warming trend

WTF! Sorry I had to put this one up just to see the Headline!

The Vietnamese government had much to celebrate after Prime Minister Nguyen Xuan Phuc met on Wednesday with US President Donald Trump in the White House. Business deals were signed and America appeared to offer Vietnam new strategic support in its defense against a perceived as expansionist China.

“The relationship between Vietnam and the United States has undergone significant upheavals in history, but today we have been able to become comprehensive partners,” Phuc said after his meeting with Trump.

Jun 01 07:20

US EYES $1.1 TRILLION NATIONAL SECURITY BUDGET FOR 2018

The most recent figures related to President Trump’s proposed increases in Pentagon spending, along with cuts at the State Department, show the general national security budget of the United States rising once again, with the 2018 proposal in the ballpark of $1.1 trillion. Needless to say, that’s the biggest military budget on the planet by a far measure. As the figures are broken down into their component parts, however, it becomes particularly shocking just how money is disappearing not just into the general war-fighting budget, but into related costs of having such a massive military for so long.

Jun 01 07:17

Russia confirms commitment to Paris climate change agreement amid fears of US pullout

If Putin believes in so called climate change,then he is just another NWO hack!

Russia sees no alternative to the 2015 Paris agreement on climate change, the Kremlin said amid expectations that the US may withdraw from the key emission-reduction accord.

“President Vladimir Putin signed this convention when he was in Paris. Russia attaches great significance to it,” Kremlin spokesman Dmitry Peskov told the media on Thursday. “At the same time, it goes without saying that the effectiveness of this convention is likely to be reduced without its key participants.”

He added that at the moment “there is no alternative to” the Paris convention.

May 31 14:31

Consumer credit scores to exclude some debts, liens starting July 1

Here's potentially good news for consumers: The nation's three largest credit-reporting agencies will soon exclude tax liens and some civil debts from their reports.

May 31 13:53

Study points to another advantage of the 1%: They're great at evading taxes

In his story “The Snows of Kilimanjaro,” Ernest Hemingway wrote a snappy retort to F. Scott Fitzgerald’s line about how “the very rich are different from you and me.” Yes, Hemingway’s character replies, “they have more money.”

Economist Gabriel Zucman of UC Berkeley and two colleagues add a gloss to this exchange in a new paper. The very rich also are vastly better than you and me at evading taxes, they conclude — so much better that global statistics may understate the scale of wealth inequality by as much as 25%.

“Tax evasion is really concentrated at the top of the income distribution,” Zucman told me.

May 31 12:51

Are Markets Ready for an Aggressive Agenda from the Fed?

Newly released minutes from this month’s Fed meeting outline an aggressive agenda from our nation’s central bank that could upset markets in the months to come. Officials insist the plan is cautious, and stocks rallied initially on the news. But how safe should Americans feel long-term?

May 31 12:31

Forget about Fake News... Let’s Talk about Fake Markets

The U.S. and other nations with “free market” economies got credit for defeating the communists in Russia. That is ironic, because it is now more clear than ever that western leadership actually shares the Soviet inclination for central planning, and they have been increasingly intervening in our markets since the collapse of the USSR.

May 31 11:19

Michael Kors plans to shutter 100 to 125 stores

May 31 11:16

Why an Australian Fund Manager Decided to Sell Everything

Spooked by a “housing calamity,” banks, overvalued stocks, and China.

May 31 10:00

What Are the Best Cannabis Strains for Pain?

One of the most common applications for medical marijuana is pain, whether it’s inflammation, headaches, neuropathic pain, muscle soreness, spinal injury, fibromyalgia, or cramps. Patients have seen varying degrees of success with cannabis in treating various pain-related ailments, depending on the type of pain, the intensity, and the individual’s own physiology.

This guide is informed both by user-submitted strain reviews and chemical profile data, as certain cannabinoids and terpenes are known to have areas of specialization such as pain.

May 31 09:35

Fed official says U.S. immigration crackdown could hit economy

The Trump administration's crackdown on illegal immigrants will likely weaken overall U.S. consumer spending and economic growth as those targeted for arrest increasingly choose to stay home and save more, a Federal Reserve policymaker said on Wednesday.

Millions of immigrants "are not going out and shopping, they are staying home, they are afraid if they go out they are not coming home," Dallas Fed President Robert Kaplan said when asked about U.S. President Donald Trump's months old directive.

Webmaster's Commentary: 

What a load of nonsense!

May 31 08:16

Document forgery in financial industry more common than you'd think, past employees say

Employees in Canada's financial industry are speaking out about falsifying documents, telling Go Public that potentially criminal acts — like forging and photocopying customer signatures, adding initials to blank documents and using Wite-Out to conceal information — are more common than most people would think.

"It was easily 85 per cent of the back sales team doing it," says a former CIBC financial services representative, who worked in several bank branches and noted that forging signatures on documents occurred at all her workplaces. CBC has agreed to conceal her identity.

May 31 08:16

BT considers scrapping 'gold-plated' pensions in bid to plug £14bn deficit

Former state monopoly BT is considering shutting its "gold-plated" defined-benefit pension scheme in an attempt to close its looming deficit.

BT's pension scheme deficit in 2016 is thought to be in the region £14bn, up from £10bn in 2015. Next month the telecoms giant will enter negotiations with pension trustees about the future funding of the scheme.

May 30 16:51

What next for the world of negative interest-rates?

There were supposed to be two main general economic issues for 2017. The first was the return of inflation as the price of crude oil stopped being a strong disinflationary force.

May 30 16:00

Book and video rental stores show the coming singularity. Let’s prepare now.

Summary: A new industrial revolution has begun. Here are two small examples to illustrate what it will be like. Extrapolate these a thousand fold. Then do so again. That’s what will happen in the next 70 years. Let’s start to prepare now.

May 30 15:51

House Of Cards: Netflix Is One Of The Poster Children For Tech Bubble 2.0

How can a company that is going to generate $2,000,000,000 in negative free cash flow in 2017 be worth 70 billion dollars? Netflix has soared in popularity in recent years, but so have their financial losses.

May 30 15:37

Banco Popular’s Co-Co Bonds Plunge as Balance Sheet Chaos Revealed in Potential Forced Sale

“This sales process is atypical, as the seller itself cannot at this point make a rough calculation of what the value of the entity is, and if they can’t, neither can we.”

May 30 15:24

Credit Scores Hit Record High As Recession Wounds Heal

Credit scores for U.S. consumers reached a record high this spring while the share of Americans deemed to be some of the riskiest borrowers hit a record low—a potential boon for lending and economic activity.

May 30 15:20

TheTinyDot

May 30 14:30

The Top 10 Nations Exporting Oil To The U.S.

U.S. has brought crude oil from 80 nations into its refineries

May 30 14:10

S. Korean President Intends to ‘Make Breakthrough’ in Cooperation With Russia

South Korea is making nice with Russia. Looks like they are sick of the US.

MOSCOW (Sputnik) — South Korean President Moon Jae-in is aware of the importance of relations with Russia and plans to make a breakthrough in cooperation between the two countries, South Korea’s ambassador to Russia Park Ro-byug said Tuesday.

Earlier in the day, Park and Russia's Deputy Culture Minister Alexander Zhuravsky signed a memorandum of understanding and cooperation, according to which the two countries would hold a number of cultural festivals from 2017 to 2020.

May 30 13:20

Roads & Pensions Swept Up In Puerto Rico’s $123bn Bankruptcy

Puerto Rico’s bankruptcy process has spread to the territory’s pension system and highway authority, bringing the amount involved to over $120 billion and far exceeding the previous municipal bankruptcy record.

May 30 12:35

“All Hell Will Break Loose” Warns Legendary Hedge Fund Manager

It took Paul Singer’s Elliott Management less than 24 hours to raise $5 billion earlier this month, however it is safe to say he won’t be using any of that cash to buy stocks at current prices, or even BTFD. Instead, as he writes in his Q1 letter to investors, the legendary hedge fund manager thinks “that it is a good time to build a significant amount of dry powder,”

The reason for that is if, or rather when, Trump’s pro-growth agenda fails to be implemented, “all hell will break loose” and that a recession looms as the artificial crutches propping up risk assets are pulled out:

May 30 12:34

Budget chief say debt ceiling may need to be raised soon

White House budget director Mick Mulvaney says the administration is likely to tell lawmakers they'll need to act earlier than expected to increase the government's borrowing cap.

May 30 12:06

Beware the Muni Bond Bubble

Municipal Bonds are in trouble in Europe as well as the United States. The local level cannot print money, nor are they ever capable of managing their economies. The general view is when short, just raise taxes.

May 30 11:32

5 HIGHLY RESPECTED FINANCIAL EXPERTS THAT ARE WARNING THAT A MARKET CRASH IS IMMINENT

If everything is going to be “just fine”, why are so many big names in the financial community warning about an imminent meltdown? I don’t think that I have seen so many simultaneous warnings about a market crash since just before the great financial crisis of 2008. And at this point, you would have to be quite blind not to see that stocks are absurdly overvalued and that a correction is going to happen at some point. And when stocks do start crashing, lots of fingers are going to start pointing at President Trump, but it won’t be his fault. The Federal Reserve and other central banks are primarily responsible for creating this bubble, and they should definitely get the blame for what is about to happen to global financial markets.

Webmaster's Commentary: 

As we regularly state at WRH, please don't panic; plan.

Make sure you have just enough money in the bank to pay the bills; make sure that other financial resources are under your own control.

The Federal Reserve and other central banks are not the friends of individual depositors, as this story demonstrates.

FDIC Plots a Bank Heist Involving YOUR Accounts

The article goes on to state:

"Those laws altogether say your money in your bank account in your name is not your money. Those laws say the bank owns your deposited money, not you."


Wait...what?

Court cases have upheld for decades that putting your money in savings, a CD, or other banking products means you've become an “unsecured creditor.”

Your deposit is actually an unsecured loan to the bank with all the problems of counterparty risk! Instead of being presented with collateral, you get an IOU that pays a pittance in interest, or in many cases nothing.

A busted bank doesn't have to return your principal deposits. Unlike when YOU are the borrower and THE BANK is the lender, the bank didn’t tender you a lawyered up promissory note or offer you a lien on its assets. Legally speaking, you may as well have handed your money to a stranger in the alley.

“Unsecured creditor” means just what it says: "no security."

May 30 11:06

Rural America Is the New ‘Inner City’

May 30 10:58

TRUMP PLANS TO REVERSE OBAMA’S CUBA POLICIES

New reports out of the Daily Caller suggest that President Trump is planning to soon make an announcement that he is reversing all of President Obama’s moves to reopen US-Cuba relations, which saw a reestablishment of diplomatic ties, a slight loosening of business restrictions, and even talked about permission to allow Americans to visit the island nation.

President Trump has been of two minds on this issue, as in 2015 he said he saw nothing wrong with the US opening Cuba, but during last year’s campaign he repeatedly threatened to terminate all of Obama’s deals on the island, claiming he was as hostile to Cuba trade as Sen. Marco Rubio (R – FL).

And it appears Rubio, along with some other politicians who have made their career at least in part on being anti-Cuba, who have gotten Trump’s ear on the matter, and under heavy pressure from them Trump appear to be planning to knuckle under and close down contact with the island.

Webmaster's Commentary: 

President Trump, a word please; I would like to remind you that the US, which had once been at war with Vietnam, is now one of its trading partners.

The US government has never technically been at war with Cuba; it just could't forgive or forget that Cuba threw out its puppet, Batista, when Castro took power.

Perhaps, now might be the time to forgive and forget, and institute a policy of peace, trade, and travel?!? That...would be both logical, and very presidential, sir.

May 30 10:44

The Hard Reality Is That The Economy Is Deteriorating At An Accelerating Pace

Millennials have less than $1000 dollars saved to purchase a home. Many have low paying jobs or no jobs at all and are dealing with student loan debt. Connecticut is in real trouble, tax receipts are declining and the states credit is about to be downgraded.

May 30 10:43

Target announces layoffs at headquarters

May 30 10:35

The Truth About the Trump Budget

The Democrats are up in arms about the Trump budget. Cruel, Barbaric, Mean are some of the nicest words they have used to describe it and it just goes downhill from there.

May 30 10:31

Bitcoin moves into “pump and dump” phase as heavy Bitcoin holders push greed-driven mania in hopes of attracting new wave of suckers

After yesterday’s massive Bitcoin correction, which saw the crypto currency plunge nearly $500 — over 10% — in a matter of hours, the Bitcoin propagandists took to their microphones to denounce anyone who rationally warns people about the volatility risk and increasingly “Ponzi” structure of Bitcoin.

May 30 10:23

Russia And Iran Sign Oil-For-Goods Barter Deal; Escape Petrodollar

Iran signed an agreement with Russia under which it has broken free from the petrodollar, and will "sell", or rather barter crude oil to Russia in exchange for products. The announcement was made by Iran’s Oil Minister Bijan Zanganeh, as reported by Russia’s RIA and TASS news agencies.

"The deal has been concluded. We are just waiting for the implementation from the Russian side. We have no difficulties; we signed the contract, everything is coordinated between the parties. We are waiting for Russian oil companies to send tankers,” he said, as quoted by Russian news agencies. While sanctions against Iran have been lifted, restrictions on trade in US dollars for the country's banks remain, making it difficult to sell oil on the open market.

May 30 09:54

Time To Add Housing To The Bubble List?

Housing is hot again, but lately it’s been overshadowed by flashier bubbles in government debt, tech stocks and possibly cryptocurrencies.

May 30 09:52

German Economy Thrives at the Expense of Other EU States - National Front Member

A right-wing National Front (FN) party memeber said in an interview with Sputnik on Friday that Germany is developing its economy at the expense of the other sates in the European Union, hindering the recovery of the bloc from the crisis.

May 30 09:44

Irrational Exuberance During Trump Rally Exceeded All Records! We’re Sailing Into A Massive Stock Market Crash.

If I can show you that economists, central bankers and stock analysts are blind in the area of their expertise to the most obvious setup for disaster ever, then you’ll realize we are perfectly poised for potentially the greatest stock market crash in history.

May 30 09:40

Google censors Tulsi Gabbard! Her new video “Break Up the Big Banks” shows up as top result on every other search engine. But you will not find it on Google

I checked 10 results pages before giving up

May 30 09:36

Will Europe Finally Rethink NATO’s Costs?

President Donald Trump’s politically incorrect behavior at the gathering of NATO leaders in Brussels on Thursday could, in its own circuitous way, spotlight an existential threat to the alliance. Yes, that threat is Russia, but not in the customary sense in which Westerners have been taught to fear the Russian bear. It is a Russia too clever to rise to the bait – a Russia patient enough to wait for the Brussels bureaucrats and generals to fall of their own weight, pushed by financial exigencies in many NATO countries.

May 30 08:14

Why Sharia Gold and Bitcoin Point to a Change in Views

As part of the celebrations, a new gold-backed currency has been launched, here in Dubai. It is a new currency known as OneGram (OGC) backed by one gram of gold and can be used for digital payments. There is a fixed number of OGCs and digital transaction fees (minus admin costs) will be reinvested to buy more gold. According to the managers, “the amount of gold backing each OGC will increase with time.”

OneGram has been launched by a private company of the same name. The company claims to offer a proof-of-stake blockchain that is ‘’further anonymized’ than Bitcoin. Reports state that ‘developers employ zero-knowledge dual-key stealth addresses and ring signature protocols toward ‘instant, untraceable, unlinkable, trustless transactions.’

May 30 07:39

Exclusive: Wall Street Funds Hold Hundreds of Millions in Sanctioned Russian Bank Subject to Kushner Probe

Reuters reported on Saturday that “FBI investigators are examining whether Russians suggested to Kushner or other Trump aides that relaxing economic sanctions would allow Russian banks to offer financing to people with ties to Trump, said the current U.S. law enforcement official.”

Financial dealings with a Russian bank that remains under U.S. sanctions can result in serious penalties – or not. Wall Street On Parade conducted research into filings made at the Securities and Exchange Commission for fixed income securities issued by Vnesheconombank and found that some of the biggest names in Wall Street banking and mutual funds in the U.S. hold, cumulatively, hundreds of millions of dollars in notes and bonds issued by the Russian bank.

May 29 16:57

5 Highly Respected Financial Experts That Are Warning That A Market Crash Is Imminent

If everything is going to be “just fine”, why are so many big names in the financial community warning about an imminent meltdown? I don’t think that I have seen so many simultaneous warnings about a market crash since just before the great financial crisis of 2008. And at this point, you would have to be quite blind not to see that stocks are absurdly overvalued and that a correction is going to happen at some point.

May 29 16:31

THE GREAT U.S. ENERGY DEBT WALL: It’s Going To Get Very Ugly….

While the U.S. oil and gas industry struggles to stay alive as it produces energy at low prices, there’s another huge problem just waiting around the corner. Yes, it’s true… the worst is yet to come for an industry that was supposed to make the United States, energy independent. So, grab your popcorn and watch as the U.S. oil and gas industry gets ready to hit the GREAT ENERGY DEBT WALL.

May 29 12:51

Jim Rickards: This is who is manipulating the gold market

Is there gold price manipulation going on? Absolutely. There’s no question about it. That’s not just an opinion…

There is statistical evidence piling up to make the case, in addition to anecdotal evidence and forensic evidence. The evidence is very clear, in fact.

May 29 11:51

A Cataclysm Awaits Us: Experts Warn Of “Worst Case Scenarios” Unfolding With “Danger Zone” From Summer Through November

Nearly 1 out of every 4 American adults are unable to pay their monthly bills in full, with 25% of adults skipping medical treatments due to their expense while 28% of US adults have no retirement savings or pensions at all. Reporting also that 44% of American adults would be unable to pay an unexpected expense of $400 such as a car repair and would either have to borrow more money and go further into debt or sell something in order to meet such an expense, we take a look within this story at the very real human cost of the financial cataclysm that awaits humanity.

May 29 10:39

Why used cars are about to get cheaper

May 29 09:26

Retirement Crisis: Experts say global retirement shortfall will top $400 TRILLION

No wonder politicians are now fine with getting rid of the estate tax. Not many people have an estate anymore. Today as Americans age, it’s not about planning who gets what and how much tax must be paid. Seniors are barely able to scrape together enough to simply live out their lives. In fact they’re short… about $400 trillion short.

May 29 08:26

They're Killing Small Business: The Number Of Self-Employed Americans Is Lower Than It Was In 1990

Once upon a time, America was the best place in the world for those that wanted to work for themselves. Our free market capitalist system created an environment in which entrepreneurs and small businesses greatly thrived, but today they are being absolutely eviscerated by the control freak bureaucrats that dominate our political system. As a result, the number of self-employed Americans is now lower than it was in 1990…

May 29 05:06

The Next Stock Market Crash Will Be Blamed On Donald Trump But It Will Be The Federal Reserve’s Fault Instead

A stock market crash is coming, and the Democrats and the mainstream media are going to blame Donald Trump for it even though it won’t be his fault.

May 28 16:23

Getting High At $1,000 Per Share

Amazon and Google are both in the red in today's pre-market trading, suggesting that the raging robo-machines may be taking a day off. But they probably are not quite done.

After all, Amazon did hit $993.38 per share yesterday---so its hard to imagine the robo-traders can't muster another 0.7% gain in order to tag the magic mountain of $1,000 per share.

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