ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Feb 17 10:47

“Seriously Delinquent” Auto Loans Surge

Bank regulators have been warning, now it’s happen

Feb 17 10:22

THE EU IS FINISHED! WHAT THESE ECONOMISTS PREDICT SPELLS CERTAIN DOOM FOR THE EURO

European Union nations are plummeting further into debt, amid angry protests and calls for reform, but the Union continues to push for the joint monetary union. Now, economists have suggested it is already too late to save the failing monetary union – which will "almost surely fail".

Feb 17 10:02

Is This What They Mean By “Crack-Up Boom”?

In 1980, the US government – along with pretty much all of its peers – began borrowing at an accelerating rate.

Feb 17 09:57

GERMANY REPATRIATES GOLD QUICKER THAN PLANNED - Global Chaos / Economic Collapse Coming?

An official announcement last week that the Bundesbank had pretty much repatriated half its gold reserves ahead of schedule has once again sent the rumor mill into overdrive.

Feb 17 09:57

To Stop Trump Globalists Plan Economic Collapse

The globalists are desperate, Donald Trump undoing everything they've worked for and they're willing to do anything to stop him.

Feb 17 09:35

Why Bubbles In Optimism Can Be Dangerous?

Bubbles in any economy are signals of eventual doom. Bubble signals from optimism have far bigger consequences.

Feb 17 08:57

Russia to clear entire Soviet debt by year-end

Moscow will pay off the balance of the debt inherited from the Soviet Union this year, Izvestia daily reports, quoting sources in the Russian Ministry of Finance.

Feb 17 08:42

Every Citizen Should Own 3.5 Ounces of Gold Bullion – Central Bank

The Governor of the Central bank of Kyrgyzstan has told Bloomberg News in an interview that it is his “dream” for every citizen in his country to own at least 100 grams (3.5 ounces) of gold as a way to protect their savings.

Feb 17 08:08

Are We In For A Stock Market Correction As The Euphoria Is Reaching Its Peak Ahead Of A Market Top

Ever since President Trump has taken oath of the office, investors have been pushing major stock indexes to record highs on the bet that new administration will roll back financial regulations, cut taxes, and increase fiscal spending, all of which could help boost profits in corporate America.

Feb 17 07:48

The Houston Real Estate Market Crisis

Feb 17 07:34

Should You Continue To Invest In Gold

Feb 17 06:41

Strong Indicators That A Great Financial Collapse Is Waiting To Happen

Global economic changes and policy makeovers at home could be signaling turmoil for the US economy.

Feb 16 23:57

Armed Woman Robs Washington Convenience Store With AR-15

She looked like a pro, although police note that "the rifle did not have a magazine in it and it did not have the stock attached."

Feb 16 19:56

A Bloodbath Looms Over Oil Markets

Oil prices have traded reliably in the $50s per barrel since OPEC agreed to cut production last November, but having failed to break through a ceiling in the upper-$50s, crude prices are in danger of falling back again.

Feb 16 19:38

Failing Companies Due to Failed Liberal Politics

(don't forget to include Macys, Sears, T J Maxx, Marshalls, Burlington and Belk to the list of anti-Trump companies - companies that have declared war against a duly elected President, elected by a majority of their potential customers'.)

Recently, the profits of no less than four major, public American companies have been significantly affected by the politics of the firms, which have led to consumer backlash against them, particularly amongst conservative voters.

Kellogg’s, Target, Nordstrom’s and Twitter all have seen profits decrease and in some cases physical locations close because consumers have angrily responded to official company policies and political stances.

Twitter

Feb 16 17:11

Greece To Appoint Rothschild As Debt Adviser

Greece has decided to call in Rothschild, one of the oldest financial firms in the world, to help advise the country on its debts, help end a long-running creditor stand-off and avert default.

Feb 16 15:14

Fed Frets about Commercial Real Estate Bubble & its $2 Trillion in Loans Mostly at “Smaller Banks”

Fear of “waiting too long” or of “having already waited too long?”

Feb 16 14:56

Trump signs repeal of Obama-era coal mining 'stream protection rule'

President Donald Trump has signed his second repeal of Obama-era regulation, this time concerning coal mining near waterways. Republicans voted to overturn the "stream protection rule" earlier this month.

Feb 16 14:45

FLASHBACK: Billionaire George Soros warms up to coal as stock prices hit bottom

Billionaire investor George Soros, who has demonized fossil fuels for years through his think tanks and political contributions, seems to have warmed up to Big Coal now that stocks are dirt cheap.

The left-wing hedge fund legend has raised eyebrows with major purchases of stock in two large coal companies, firms his critics say he helped bring to their knees. While buying low is the hallmark of any shrewd investor, buying coal goes against the political and environmental ideology Soros has long espoused.

Feb 16 13:35

This is What Happens to Inflation when a Currency Gets Unpegged from the Dollar

The “supply shock” in Egypt

Feb 16 12:21

DON’T MESS WITH TRUMP! LOOK WHAT HAPPENED TO MACY’S AFTER THEY ATTACKED TRUMP…

Paris Swade for Liberty Writers reports, Macy’s is falling apart. It’s kind of sad, but not that sad because they made the dumb decision to attack Trump and to go political.

Feb 16 11:35

WIKILEAKS: STRATEGY TO CREATE A NEW GLOBALIST LEGAL AND ECONOMIC SYSTEM – TPP, TTIP, TISA

Many of us breathed a sigh of relief when, within hours of taking office, Donald Trump withdrew the US from the Transpacific Partnership (TPP) by Executive Order, even though the Bill was not expected to pass a vote in Congress. The terms of the agreement were not made public (except for a portion leaked by WikiLeaks) but the general consensus is that it represented a corporate takeover of the member nations’ governments, like a global European Union. There’s actually a name for that. It’s called the New World Order.

While this action was seen by Trump supporters as both a rapid and welcome fulfillment of a campaign promise and an action which should have pleased partisans on both sides of the aisle, the TPP having been a major cause of Progressive groups, like Fight for the Future there are now some people voicing concerns that its replacement, the Trade in Services Agreement (TiSA) is swooping in to replace the TPP.

Feb 16 11:12

Former IHOP Restaurant Repurposed as Clubhouse for Homeless

In this video I show a former IHOP restaurant which until recently was vacant. This IHOP restaurant was closed in April of 2016. It is located in Hudson Florida, the restaurant property sits next to a Kmart parking lot. The restaurant is now being used a clubhouse/hangout for some of the local homeless people....

https://www.youtube.com/watch?v=CYxQN-brWgQ&feature=youtu.be

Feb 16 10:58

Janet Yellen Just Revealed Something Huge But No One Is Listening

Mortgage delinquencies are on the rise. Corporate media reporting that retail are incredible in January, gas prices increased and inflation moved higher. Consumer prices surge at the fastest pace in 5 years.

Feb 16 10:45

United States Economic Freedom Tumbles To Historic Low

After eight years of the regulation-happy Obama administration, the United States has undergone a huge slide into the 17th most economically free country in the world, according to the Heritage Foundation’s 2017 Index of Economic Freedom.

Feb 16 10:38

The TPP Has Been Rewritten, Shrouded In Secrecy & Is Worse Than Before

Euro zone has been revised and the economy is not doing as well as it has been reported. American CEO's have never been more optimistic.

Feb 16 10:28

'We're powerless' EU says it can't make states adopt CETA and Wallonia could sink it AGAIN

BRUSSELS today admitted it cannot force member states to adopt its landmark trade pact with Canada as the tiny Belgian region of Wallonia threatened to try and scupper the deal for a second time.

Eurocrats conceded they “can’t interfere” and attempt to railroad through CETA, which still faces an uncertain future despite being approved by MEPs following a fractious vote in the Strasbourg parliament yesterday.

Europe’s elite reacted with relief yesterday as they squeezed through the pact despite intense opposition from politicians across the continent who fear it will hand big US corporations too much power.

Feb 16 10:22

Gold Continues Its March Higher. Can The Precious Metal Keep The Momentum Going

Hedge funds longs in gold, gold ETFs, gold futures, and the gold miners have suddenly shot up to new all-time highs. If it turns out that the new administration policies do well, inflation will rocket, sending gold through the roof.

Feb 16 09:28

This Is One Of The Big Reasons Why So Many Families Are Feeling Extreme Financial Stress

When the cost of living rises faster than paychecks do year after year, eventually that becomes a very big problem. For quite some time I have been writing about the shrinking middle class, and one of the biggest culprits is inflation.

Feb 16 09:09

Response To My Open-Border Libertarian Friend On Trump's Immigration Raids

First of all I am so glad and happy to hear if Trump is considering "criminal aliens" to be ANY illegal alien who has snuck into the USA. If this is true, it's absolutely great news, not to mention hilarious. Since they all broke the law, and unlike many of our laws it is a 100% valid law, they are indeed all literal criminals. I also tell the story of 'Minuteman' founder Jim Gilchrist's 2004 speech in Garden Grove, Calif., where the host of the event asked if I'd help to serve as ad-hoc security. It was insane, hundreds of reconauista radicals surrounded the place and smashed bricks into the windshield of an old 85-year old couple, a husband and wife, who were simply trying to drive their Cadillac into the parking lot to attend the Gilchrist event. It was horrible. They were attacking peaceful patrons who simply wanted to attend the event.

Feb 16 08:53

George Soros Bought a Huge Stake in Goldman Sachs After Trump’s Election

In addition to Goldman Sachs, Soros bought tens of millions of shares in companies such as Facebook, Time Warner, T Mobile, and Kohls.

Feb 16 08:52

New York Office Sector Not in Collapse But “Gradual” Decline

A few “success stories” overshadow “very anemic activity.”

Feb 16 07:24

Gold Is Undervalued – Leading Money Managers

Gold is undervalued according to a record number of fund managers
Last time gold was considered undervalued, the price surged
BAML surveyed 175 money managers with $543 billion in assets under management
34% of investors believe protectionism is the biggest threat to markets
Gold viewed as the best protectionist investment by a third of investors

Feb 16 03:47

Did The Fed Just Experience A “Margin Call” Moment?

For those not familiar, the reference is attributed to a scene from the movie “Margin Call” (2011, Lionsgate™) where John Tuld (Jeremy Irons) makes the sanguinary argument for dumping its portfolio of toxic holdings immediately against contradictory arguments that it’ll be seen as panicking by others with the line, “It’s not panicking if you’re first.”

That one line in fiction contains volumes as to the reality about how Wall Street, bankers, and more view the world. Which is precisely why when I read the news that Federal Reserve member, and “Regulatory Point Man” Daniel Tarullo resigned unexpectedly I just sat back in my chair thinking, “Of course he did” as that afore-mentioned scene came to mind.

Feb 15 22:08

Italian banks on brink of running DRY: Rome forced to bend EU rules in emergency bailout

ITALY is plotting another multibillion rescue of its beleaguered banking system, as two struggling lenders come dangerously close to running out of money.

Rome wants to inject around £4.2billion (€5bn) into Veneto Banca and Banca Popolare di Vicenza, by bypassing European rules that ban taxpayers' cash from being used to bailout banks.

The two banks are haemorrhaging cash at an alarming rate, according to the Financial Times, sending Italy into panic.

But the new so-called precautionary recapitalisation plan still needs approval from Brussels to go ahead.

Feb 15 20:09

Riding the Bear Market Rally

Everybody’s been obsessed with “Dow 20,000” lately.

The Dow Jones Industrial Average is perhaps the most widely-watched gauge of the U.S. stock market. And “20,000” is a big, fat, impressive-sounding round number. So it’s not surprising the financial media latched onto “Dow 20,000” like a dog to a bone.

Feb 15 17:28

EU Bureaucrats Escalate the War on Cash: Will Precious Metals Be in the Crosshairs?

The global war on cash rolls on. The cabal of bankers seeking more transaction fees, busybody political leaders, and central bankers who want to experiment with negative interest rates recently threw India into turmoil by eliminating the two largest denomination bank notes.

Feb 15 15:45

Soros: Banks Eliminating Cash To Usher In World Government

An insider who worked with billionaire George Soros claims that Soros is orchestrating the elimination of cash in order to usher in a “world government”.

Feb 15 14:33

Biggest EU Banks Embark On The Mother Of All Debt Binges, The Last Time They Rolled Out So Much Debt So Quickly Was In 2007

Spain’s three biggest banks, Banco Santander, BBVA and Caixa Bank, have got off to a flying start this year having issued €8.6 billion in new debt, seven times the amount they sold during the same period of last year.

Feb 15 14:05

Open Border and Sanctuary Lies of the Left!

The Left's Orchestrated Rebellion in America…
Continue

Added by Doc Vega

Feb 15 12:04

WITCH'S BREW: Sentiment UP, Complacency UP - but Uncertainty Also UP (Not DOWN?)

When did the distortion start occurring in the markets when increasing UNCERTAINTY can come with an increase in COMPLACENCY and SENTIMENT?

Feb 15 11:57

The U.S. Government's Official 5-Year Plan For Infrastructure Improvement

The U.S Department of Transportation recently issued an official white paper outlining their 'Five Year Strategic Plan' for improving and funding infrastructure repair. The latest LibertyFight.com research project exposes the highlights of this nearly-200-page report. Transportation and freedom of travel, as well as the quality of of roads and infrastructure is fundamental to our very liberty, freedom of movement, and our very American identity, at least as I understand it. Restrictions on that travel, including violations of privacy, unneeded environmental restrictions, and monetary restrictions or fees that limit our resources and decrease our financial well being, are restrictions on liberty. Unfortunately, all of these things are being openly admitted and planned by our federal government. Fighting 'Climate Change' plays a pivotal role in their plan.

Feb 15 10:13

Undeniable Evidence: “The College Education System Is On The Fast Track To Destruction… An Obvious Sign Of Economic Crisis Waiting To Happen”

Today in America the overburdening debt and shrinking jobs market is exposing the ugly consequences of the reality that mindless attendance to higher education has drastic consequences for millions of students.

College attendance has peaked and now we are witnessing what we will call The College Meltdown… From grants and loans for various degrees across the board with little repayment viability, to the constant propaganda by high schools and the media that everyone should and needs to attend a college or university to be successful in life, the truth is being revealed… Our youth lives in an age of increasingly crushing student loan debt with five consecutive years of declining enrollment numbers.

Feb 15 09:57

World's 2nd Largest Stockpile Of Gold Leaves The United States

Even after the Soviet Union fell, most governments still chose to keep their gold in New York.

It was safe. America was a rich, trusted ally. Why bother moving it?

Fast forward a few decades and the world has clearly changed.

The US government is in debt up to its eyeballs. It has been caught blatantly spying on its own allies. And it’s much less predictable than ever before.

Germany was among the first out the door.

Even as early as 2013, the German government announced that they would bring back at least half of their country’s gold reserves (the second largest in the world) by the end of 2020.

Feb 15 09:36

The Globalists Strike Back With A Major Push Toward A Cashless Society

Their agenda may be on the rocks in the United States at the moment, but that doesn’t mean that the globalists are giving up. In fact, a major push toward a cashless society is being made in the European Union right now.

Feb 15 08:39

Titan Machinery to close 15 stores…

Feb 15 08:29

Corporate America Setting Up "War Rooms" To Prep For Potential Trump Tweets

Since November 8th, several public companies have unsuspectingly fallen into the cross hairs of Trump tweets sending their stocks gyrating violently while adding or erasing millions of dollars worth of market cap in a matter of seconds. Here is just a small sample:

Feb 15 07:30

BREAKING : Nigel Farage - You're In For a Bigger Shock in 2017

Feb 15 07:28

Silver Price To Surge As “Investors and Users Fighting Over Available Physical Supplies”

One of the world’s foremost silver analysts Theodore Butler has elaborated on another “powerful” bullish factor which “screams at us to buy silver”.

Feb 15 07:25

Definite Movement to Take Trump Out, Debt Crisis Builds-Buy Gold -Gerald Celente

Top Trends researcher Gerald Celente says that Trump is inheriting a U.S. and global economy that is bullish for gold prices. Celente explains, “The debt crisis continues to build.

Feb 15 03:30

2017 the Beginning Of the End: “U.S. Economy About To Get Slammed By A Major Recession”

Trump is not out to get you he is here to save the country from total globalism. Alex mentions Ron Paul saying that Trump is doing great with the economy but it is too late to do much to change it.

Feb 14 17:44

Truckers armed despite legal questions, carrier policies

New Overdrive research shows large concerns over threats to personal safety. Though varying state convealed-carry laws make it difficult to cross state lines and remain in compliance, many truckers stick to their guns.

Feb 14 16:10

This Is Why You Don’t Own A Lot Of Stocks

Feb 14 15:52

Oroville dam evacuation order lifted, warning remains

MAY!!!

California officials lifted the evacuation orders for residents downstream of Oroville Dam, saying the dam may hold up to upcoming storms.

Feb 14 13:42

Hong Kong Housing Crisis Sees Citizens Living In ‘Coffin Homes’

Millions of residents in Hong Kong are being forced to live in inhumane conditions, with some of them living in tiny ‘coffin homes’ as the housing crisis in the city worsens.

Feb 14 11:51

Rio's Olympic venues, six months on – in pictures

Six months after hosting South America’s first-ever Olympic and Paralympic Games, the Rio de Janeiro venues – some of which have been looted – sit mainly idle and already in disrepair, raising questions about a legacy that organisers promised would benefit the Brazilian city and its residents

Webmaster's Commentary: 

Every government that hosts the Olympics promises their people the games will be a benefit to their nation. But it rarely, if ever, works out that way!

Feb 14 11:35

Peter Spina: Political and Market Uncertainty Is Driving The Rush For Gold

Peter explains the recent market action and how gold stocks have historically lead the spot price. There is considerable support near $1100, and long term resistance at $1275. This level may well translate into resistance to the upside, once through it though, expect $1475 to $1500. He is seeing growing Wall Street and Chinese speculation in the market, there seems to be a general rush for gold.

Feb 14 11:31

ALERT: Nickel deficit imminent!

Nickel has been one of the weaker performing metals in the past few years.

Feb 14 11:19

GREECE COULD DITCH EU CURRENCY FOR US DOLLAR

Feb 14 10:09

Why a NYMEX Veteran is Getting Nervous about Oil

Being long oil is a very “crowded trade,” but who’s on the other side of that trade, and what do they know that speculators don’t?

Feb 14 09:37

Toshiba boss quits over massive losses in nuclear power projects

According to Associated Press, Toshiba announced it is on track to report a net loss of $3.4 billion (390 billion yen) in the current fiscal year that ends in March 2017. It also warned the estimated loss may change "by a wide margin," projecting a $6.3 billion (712.5 billion yen) loss for its nuclear business. That was related to the acquisition of a nuclear construction firm by its Westinghouse unit.

Feb 14 09:23

Germany growth SLOWS: Merkel facing dire economy news as EU uncertainty over Trump grows

GERMANY'S economy grew at a disappointingly slow pace in the final three months last year - and at a far lower rate than Britain - data showed today.

The eurozone's powerhouse expanded by only 0.4 per cent in the fourth quarter of 2016, behind expectations of 0.5 per cent, according to initial estimates from the Federal Statistics Office.

In another blow, the GDP for the third quarter was revised lower to just 0.1 per cent.

In comparison, Britain grew by a bumper 0.6 per cent in the three months to December, as the economy continued to boom following the vote to leave the European Union (EU).

Feb 14 08:09

Bond traders fear Janet Yellen is planning a ‘St. Valentine’s Day Massacre’

Is Federal Reserve Chairwoman Janet Yellen capable of conducting a bond-market bloodbath? That’s what some on Wall Street are wondering.

Albert Edwards, market strategist at Société Générale and noted permabear, expects Yellen, who is set to deliver semiannual testimony to the Senate Banking Committee on Tuesday, will trigger a steep bond selloff by talking up the possibility that the central bank will raise interest rates in March.

Feb 14 07:51

Trump To Unveil "Passive-Aggressive" Currency War With China

While one of Trump's most sincere desires, both during his campaign, and ideologically from his life prior to politics, has been to publicly declare China a currency manipulator - something he promised he would do on day one of his administration - and crack down on the "undervalued" Yuan (even though over the past 18 months, China has been scrambling to prevent further devaluation of the Yuan in light of over $1 trillion in capital outflows in recent years), lately Trump appears to have gotten second thoughts, and after backing off on his intent to negotiate the "One China" policy, now Trump is looking for a way out of engaging China directly in currency war.

Feb 14 07:50

Someone Will Make A $100 Million Profit If Le Pen Wins

A payout of more than 100 million euros ($106 million) may be beckoning for options investors if the German 10-year yield drops to zero in the aftermath of France’s elections.

Feb 13 20:33

EURO HUMILIATION: Germany ‘freaked out’ as Greece 'could ditch EU currency for US DOLLAR'

GREECE could be poised to humiliate Brussels by ditching the euro and instead choosing to be tied to the US dollar, Donald Trump’s reported pick as EU ambassador has sensationally claimed.

Professor Ted Malloch revealed that senior Greek economists have enquired about the possibility of adopting the greenback if the country crashes out of the single currency.

He asserted that Athens is so desperate it is prepared to tie itself to the dollar on the same terms as the likes of Puerto Rico if it means being able to quit the eurozone.

Feb 13 18:02

Kamikaze Economics with Slow-Motion Debt Crash

Wee bit of Contagion? Catalonian default will be seen as Spanish default: Moody’s

Feb 13 16:53

De Blasio to Have Donors Pay Legal Fees for His Corruption Probe

Ethics experts decry the NYC mayor's plan

Feb 13 15:57

Global Shipping Meltdown Mauls German Banks, Retail Investors, Taxpayers

Germany holds 25% of global shipping loans as industry collapses.

Feb 13 13:37

Royal Bank of Scotland to cut 15,000 jobs?

Feb 13 13:22

Federal Immigration and Nationality Act Section 8 USC 1324(a)(1)(A)(iv)(b)(iii)

Meet my little friend RICO!

Time for a US Citizens Class Action Suit against these AG's and NGO's who are aiding and abetting illegal aliens. Jeff Sessions needs to convene Grand Juries and Indict these folks also. A little American pressure from above and pressure from below

Private persons and entities may initiate civil suits to obtain injunctions and treble damages against enterprises that conspire to or actually violate federal alien smuggling, harboring, or document fraud statutes, under the Racketeer-Influenced and Corrupt Organizations (RICO). The pattern of racketeering activity is defined as commission of two or more of the listed crimes. A RICO enterprise can be any individual legal entity, or a group of individuals who are not a legal entity but are associated in fact, AND CAN INCLUDE NONPROFIT ASSOCIATIONS.

Feb 13 12:24

50% Correction Is Impossible! Really?

Feb 13 11:52

What Form Will The Great Confiscation Take — And How Can We Prepare?

For what seems like decades, people have been warning that the next time some over-leveraged corner of the financial system implodes, bank and brokerage accounts will be either confiscated by desperate governments or lost during the resulting chaos.

Feb 13 09:26

FEDS COLLECT RECORD TAXES

Feb 13 08:49

In Setback For Government, Swiss Voters Reject Plan To End Low Taxes For Multinational Corporations

In a setback for government efforts to abolish low tax rates for thousands of multinational firms while encouraging them to stay, the Swiss voted overwhelmingly against an overhaul the country's corporate tax system. Swiss broadcaster SRF said voters rejected the tax plans by about 60% to 40%. As Reuters notes, Switzerland has been in the European Union's firing line for years because Swiss cantons have a special tax status for foreign companies that means some pay virtually no tax other than an effective federal tax of 7.8%, an incentive to incorporate and stay on Swiss soil.

Feb 13 08:36

Trump Announces Japanese Telecom Co. Will Invest $50 Billion to Create 50,000 Jobs in U.S.

In the wake of reports that SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son was set to meet with Donald Trump in New York, the President-elect announced that the Japanese telecommunications company will invest up to $50 billion in the U.S. which includes plans to create 50,000 new jobs here.

Feb 13 08:31

Moving at the Speed of Trump

Love him or hate him, the undeniable fact is that President Donald Trump has quickly begun to sanction policies in order to actualize his vision of America’s future. True to his word, Trump is acting quickly on campaign promises and converting them into policies. In his first three weeks as president, Trump has signed a total of 22 executive orders and memorandums. These actions include things like building a border wall, restricting immigration, fighting terrorism, addressing infrastructure needs, reducing regulation, updating trade agreements, and revamping our tax structure.

The net result of his actions is that in his first three weeks, he has set into motion major changes in the way Washington does business. These actions have had an absolutely profound impact on the financial markets as a whole, moving both risk-on and risk-off asset classes to higher pricing.

Feb 13 08:25

Why Donald Trump Needs The Next Recession To Start As Quickly As Possible

If the next recession were to officially start during the first quarter of 2017, it would be very easy for Trump to blame it on Obama, and then he could portray himself as the one that pulled the U.S. economy out of recession in time for the 2020 election.

Feb 13 08:18

The clock is ticking for Spotify

But if it waits too long before floating, it could face a serious cash crisis.

In March last year, the firm raised $1bn from investors at an interest rate of 5% a year, plus a discount of 20% on shares once the initial public offering (IPO) of shares takes place.

However, under the terms of the agreement, the interest rate goes up by one percentage point and the discount by 2.5 percentage points every six months until the IPO happens.

So as time goes on, Spotify must pay ever larger sums to its creditors just to settle the interest on its loan, while the amount of money it can raise from its IPO is trimmed by an ever greater amount.

Unless Mr Ek can get the better of this brutal arithmetic, the future looks tough for Spotify.

Feb 13 08:07

TPP is Not Dead: It’s Now Called the Trade In Services Agreement

Think the ideas behind the Trans-Pacific Partnership or the so-called “free trade” regime are buried? Sadly, no. Definitely, no. Some of the countries involved in negotiating the TPP seeking to find ways to resurrect it in some new form — but that isn’t the most distressing news. What’s worse is the TPP remains alive in a new form with even worse rules. Meet the Trade In Services Agreement, even more secret than the Trans-Pacific Partnership. And more dangerous.

Feb 13 08:06

A List Of Economic Flaws That Are Too Big Not To Fail

While I haven’t had the privilege of divine revelation, I do try to look at the forces that are in play that have the power to move nations economically. Two dominant countervailing forces right now are those who have George Soros nearly in tears — who make up the anti-global revolution — and then all the globalists like Soros who are panicking that their new world order is being shredded accompanied by all the raging anarchists that Soros can sponsor as his mercenaries.

Feb 13 08:03

California Governor Jerry Brown Asks President Trump for Help

On Friday, California Governor Jerry Brown sought federal help from President Trump by asking the Federal Emergency Management Agency (FEMA) to declare “a major disaster” in California in light of the damage done by recent storms.

Webmaster's Commentary: 

Gee, what a shame you spent all the California taxpayers' money on free stuff for illegal immigrants!

And I guess that secession idea is on hold!

Feb 13 06:53

A New Report Projects The West Will Become The New 'Third World'

Greece lashes out at the IMF. Midwest farm bubble is getting ready to pop, American farms are in decline. Student loan bubble is worse than ever and its getting ready to pop.

Feb 12 14:19

What the jobs report DIDN’T tell you last week

Ever since the gold report was published, the gold price moved up. This caught several investors by surprise, as some of them even continued to dump gold, scared by what appeared to be a good jobs report.

Feb 12 11:30

Trump Taking On Corruption & Lawlessness, Empire Strikes Back on Trump-Catherine Austin Fitts

How does Donald Trump win against the evil trying to stop his Administration? Financial expert Catherine Austin Fitts contends, “Trump wins by staying focused on the real issues.

Feb 12 09:40

Rothschild Bank Now Under Criminal Investigation Over Missing $4 Billion in Global Corruption Probe

Last year the veil of invincibility seemingly came off the secretive Rothschild banking empire, as Baron David de Rothschild and his company the Rothschild Financial Services Group were indicted by French prosecutors for allegedly defrauding British pensioners in a scheme that saw large sums of money embezzled.

Only two months ago, we reported on the Swiss branch of the Edmond de Rothschild Group announcing that they were the target of a French criminal probe “regarding a business relationship managed by a former employee.”

Now, the Luxembourg unit of Rothschild banking empire is being investigated by the Luxembourg state prosecutors office — alleged to have sent hundreds of millions of dollars to an account at a bank in Luxembourg that originated from 1Malaysia Development Berhad

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA