ECONOMY | WHAT REALLY HAPPENED


ECONOMY

Apr 13 08:54

Whole Foods’ Existential Threat?

Apr 12 19:13

WikiLeaks Bitcoin Donations Soar Following Assange Arrest

By Jeffrey Gogo

WikiLeaks’ bitcoin address has received a deluge of support following founding editor Julian Assange’s arrest. Donations have reached nearly $32,000 on Friday, 60% more than was raised the day before, when Assange was taken into custody...

Apr 12 11:09

Jim Willie: An Armada Of Black Swans

Apr 12 10:59

Freight, Pensions, ECB, Germany

Apr 12 10:27

Check Out Citi's Surprise Indices

Apr 12 08:38

Gold And Silver May Be Setting Up For A Big Move

Gold and silver are historically undervalued relative to the stock and bond markets. The junior mining stocks overall are at their most undervalued relative to the price of gold since 2001. Gold’s relative performance during the quarter, when the stock market had its best quarterly performance in many decades, is evidence of the underlying strength building in the precious metals sector.

Furthermore, the stock market is an accident waiting to happen. By several traditional financial metrics, the current stock market is at its most extreme valuation level in history. This will not end well for those who have not positioned their portfolio in advance of the economic and financial hurricane that is beginning to “move onshore.”

Apr 12 08:29

IPO's: Rewarding Reckless Risk Pricing, Again

Apr 12 07:13

Why Trump Is A Rothschild Tool

In 1987 Donald Trump purchased 93% of Resorts International, a CIA front founded by Crown Agents Allen Dulles and David Rockefeller as the Mary Carter Paint Company in the 1950’s. A year later Trump bought the Atlantic City, NJ Taj Mahal Casino from Resorts International, then began buying up other properties on the Atlantic City boardwalk.

Soon Trump was tapped out and couldn’t make his debt payments.

Enter Wilbur Ross, billionaire bond trader portrayed by the Illuminati financial media as an “independent investor”. In fact, in 1992 Ross was heading Rothschild Inc.’s bankruptcy advising team, which represented bondholders who were threatening to foreclose on Donald’s house of cards.

Apr 11 18:15

The Truth About Unemployment Rate Statistics

Apr 11 13:47

ECUADOR’S GLOBALIST REGIME RECEIVED BILLIONS TO SELL OUT JULIAN ASSANGE

What was Moreno’s price to commit this betrayal? A 4.2 billion loan guarantee from the International Monetary Fund (IMF), it seems.

Apr 11 12:50

Xi Jinping in Italy: It’s the Ports!

To the concern of Germany, France, Holland and other EU countries, Italy’s coalition has just signed a Memorandum of Understanding with China to join China’s Belt Road Initiative, the so-called New Economic Silk Road. Italy is the only industrial G7 country so far to opt in to the BRI. The China dealhas the potential to change the geopolitics of not only the EU but also most of the world. It’s about who controls which major maritime ports of world commerce.

While much attention has focused on the role of high-speed rail infrastructure as the backbone of the ambitious China BRI project, little attention has been so far given to what may be a far more strategic geopolitical development in China’s BRI, namely China’s ability to own or control the most vital ports of Asia, of Africa, major parts of Latin America and now,evidently, of the European Union.

Apr 11 12:48

Wall Street Is Now Buying College Students Like Stocks

Shortly after we wrote about an online software engineering school that was allowing students to pay their tuition by forfeiting 17% of their income after they graduated, it's becoming clearer that the model of selling an "equity stake in yourself" to fund tuition is making its way to the mainstream.

Equitizing students was the topic of an in-depth Bloomberg Businessweek look into the details of what Americans are doing to combat the $1.6 trillion in higher education debt that they owe. Specifically, the article followed the path of 23 year old Amy Wroblewski, who has been literally turning over a set percentage of her salary to investors - and will do so for the 8 1/2 years after graduating college.

Apr 11 11:34

FINANCIAL TYRANNY: AMERICA HAS BECOME A PAY-TO-PLAY EXERCISE IN FASCISM

SOURCE: JOHN WHITEHEAD VIA THE RUTHERFORD INSTITUTE
If you drive a car, I’ll tax the street,
If you try to sit, I’ll tax your seat.
If you get too cold I’ll tax the heat,
If you take a walk, I’ll tax your feet.

Don’t ask me what I want it for
If you don’t want to pay some more
‘Cause I’m the taxman, yeah, I’m the taxman…
And you’re working for no one but me.
— George Harrison, “Taxman

“We the people” have become the new, permanent underclass in America.

We get taxed on how much we earn, taxed on what we eat, taxed on what we buy, taxed on where we go, taxed on what we drive, and taxed on how much is left of our assets when we die, and yet we have no real say in how the government runs, or how our taxpayer funds are used.

Case in point: Lawmakers across the country have been acting as fronts for corporations, sponsoring more than 10,000 model laws written by corporations, industry groups and think tanks such as the American Legislative Exchange Council.

Webmaster's Commentary: 

This transition into Fascism,has become almost painfully complete beyond bearing; what used to be The United States of America, once thought to be "the land of the free and the home of the brave", has rapidly devolved into "The land... of the cowed And the home... of the surveilled."

And I am gently asking, no, begging our readers and listeners to start to preparing themselves, for what looks like a very rocky patch ahead, both for We the People; this country; and our world.

Folks, I don't want to be crowned "Mrs. Chicken Little" of Oahu; and I am absolutely no psychic.

But looking at the world situation, for me, there is one, central, and unvarnished truth; that the more you prepare for a massively bad situation, no matter what that might be, and when, this be cannot possibly be worse than having done no prep whatsoever.

I am seeing a number of hot spots around the world which are on a razor's edge from triggering massive regional conflicts that could quickly become world wars, if allowed to spin out of control.

But the question I have to ask now, is, which conflict zones will be allowed/ abetted in their metastatic melt-down, courtesy of US foreign policy, to become full-on wars, and perhaps,and perpetual, in their duration??

This is something I hope every American citizen (including President Trump; Mike Pompeo, and John Bolton) is thinking about.

The ratcheting up of world tensions by the fractious, hubristic, bellicose, and catastrophically unreasonable demands placed against countries the US government doesn't particularly like, is not doing anything to begin to create the calm, reasonable environment, in which good faith negotiations can grow, and thrive.

Unfortunately, I see the current ratcheting up of international tensions by the US government as a very intense indication that the US government will be going to war against (take your pick:) Syria; Iran; Venezuela; China; and a re-invasion of Iraq, as they are very unhappy with the US troop presence in Iraq.

And even more stunningly important,these countries which the US government is shunning, both economically,and militarily, immediately understood that what they had to do, to get around the US's tariffs.

And that was to create a coalition, where agreements could be made, to buy merchandise and services from each other, but using several software packages which will,most probably, will wind up consolidated.

So what has been brilliantly achieved here, is the introduction of a software platform which is capable of bypassing SWIFT, and allowing merchants, globally, to use their own software packages instead.

Apr 11 10:47

Boeing Is Building A New Jet To Cater To Beijing's 'One Belt, One Road'

Even after China led the global grounding of Boeing's 737 MAX 8 following the March 10 crash of ET302 - the second deadly crash under similar circumstances within five months - and even with Boeing's planes becoming a top target for Beijing in the ongoing trade spat with the US, it's possible that the aerospace company might lead the ranks of American firms seeking to cater to President Xi's "One Belt, One Road" initiative - much to Washington's consternation, we imagine.

According to the South China Morning Post, Boeing sees potential for an aircraft that would make more routes viable between nations involved in the BRI - something that could fly on medium range routes where the 737 is too small to accommodate airlines' needs and the larger 787 are too big and costly to fly.

Apr 11 09:48

No signs of problems?

Apr 11 09:13

Chicago's gang war: a crisis like no other | 60 Minutes Australia

Imagine living in a place where every two hours someone is shot, and every 14 hours someone is murdered. It isn’t Iraq or Afghanistan, but one of the biggest and most sophisticated cities in the world: Chicago. On the city’s south side, which is considered the heart of black America, gang rivalry is tearing its people apart. It has become so brutal that both police and the perpetrators agree this urban warfare is out of control

Apr 11 09:12

IMF approves $4.2bn loan for Ecuador

The International Monetary Fund on Monday approved a $4.2-billion, three-year loan for Ecuador, part of a broader aid package to help support the government's economic reform program.

The Washington-based lender agreed to the terms of the financing late last month, and the final approval of the IMF board on Monday releases the first installment of $652-million.

Webmaster's Commentary: 

The "reward" for turning Assange over.

Apr 11 08:49

Be afraid, be very afraid

Apr 11 08:22

Your Healthcare In Retirement Reality

Apr 11 07:16

Blind Faith vs. the Bottom Line

Apr 10 18:36

Poverty leaves a mark on our genes

Researchers found evidence that poverty can become embedded in nearly 10 percent of human genes. “Our findings suggest that DNA methylation may play an important role. The wide scope of the associations between poverty and DNA methylation is consistent with the wide range of health outcomes we know to be shaped by poverty.” said professor Thomas McDade, director of the Laboratory for Human Biology Research at NWU.

Apr 10 18:12

Oil Rallies Despite Large Crude Build

Apr 10 17:45

The Courage of Consistency

By James Walpole

The older I get, the more I realize how brave it is to show up and do the same thing week after week.

When I was younger, I had the impression that it was the pursuers of novelty and the unknown who were brave, and the “slaves of routine” were the ones who gave in to fear. Of course, this is often true.

But if a routine is challenging and important and worthwhile enough, things get flipped.

It doesn’t require all that much courage to flit to something new...

Apr 10 13:55

Smart Money Is Piling Into Oil

Apr 10 11:52

THE REAL QUESTION ABOUT THE DEBT CEILING!

Our story starts with Benjamin Franklin; self-made man, publisher, author, and inventor, who was world famous for his proof that lightning is just static electricity. He was the star celebrity of the world of his age and doors to the rich and powerful were always open to him, as having the eminent Franklin at ones social soiree was quite prestigious, even for a King! So it was inevitable that as the American colonies started to organize their own government, that Ben Franklin was appointed in 1757 as Pennsylvania ambassador to the Court of Saint James, then presided over by King George III.

Webmaster's Commentary: 

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Apr 10 11:52

Awaken slaves! - How The Private Central Bank Ponzi Scheme Trapped And Destroyed America

Shortly after President Jackson (the only American President to actually pay off the National Debt) ended the Second Bank of the United States, there was an attempted assassination.

But I digress.

Faced with the possibility that a new Amendment to transfer money creation from the US Government to a privately owned bank might fail and fail badly, and with the name "Third Bank of the United States" already leading to opposition to the plan, the plotters did an end run around the Constitution, passing the Federal Reserve act over Christmas vacation when the members of Congress opposed to the bill would be away. The name of the new bank was then changed to "The Federal Reserve." But, it is a private bank, no more "Federal" than Federal Express. From that moment on all currency would enter circulation as a loan at interest.

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Apr 10 11:51

ALL WARS ARE BANKERS' WARS!

"The most hated sort [of moneymaking], and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural use of it. For money was intended to be used in exchange, but not to increase at interest. And this term usury which means the birth of money from money, is applied to the breeding of money, because the offspring resembles the parent. Wherefore of all modes of making money this is the most unnatural." -- Aristotle (384-322 BCE)

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Apr 10 11:51

The Fiction of Government Debt

Government debt is a fiction. The government ought to have sovereignty which includes the right to print a currency. Yet in America and in the modern world with the exception of Singapore the right to create money has been given to the bankers. We have had three Presidents who supported the right of the government to issue Treasury Notes instead of Federal Reserve Notes. Unfortunately for us, all three were killed by "lone assassins."

Let me begin by explaining what money is. Money is a commodity that measures the value of all other commodities and services. Prices are a ratio of money to all other goods for sale. If the ratio remains constant then there is no inflation. For example, if the money supply were one trillion dollars and production increased by 4%, then we could increase the money supply by 4% without fear of inflation.

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Apr 10 11:51

WHO'S RESPONSIBLE FOR THE NATIONAL DEBT?

Let us imagine for a moment that you go to a restaurant, and you place an order for a hamburger. The proprietor of the restaurant tells you the cost is $10 for the hamburger, and you pay $10 for the hamburger. You get your food. No problems. Well worth the money you paid for it. No complaints.
Then when you are done eating, the owner of the restaurant shows up at your table, apologizes profusely, explains that he underestimated the real cost of providing you with the hamburger he agreed to serve you and hands you a bill for an additional sum he had to borrow in order to provide the meal plus interest since the start of your meal. Do you pay it? Of course not. You, the customer, entered into a verbal contract with the proprietor of the restaurant to provide you with your meal at the price agreed to by all parties prior to the transaction.

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Apr 10 11:51

HOW YOU BECAME A SLAVE TO THE BANKERS!

In the good old days, after George Washington and the boys won the war to free us from the bank of England's predatory and impoverishing practices, they set up a "revolutionary" economic system. The government created and issued all the public currency, spending it into circulation to purchase what the government needed, then after the currency circulated through society to fuel commerce, was taxed back to the government to balance the books.

Simple!

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Apr 10 11:22

Run On Aramco Bonds Could Sideline IPO

Apr 10 10:07

Italian Gov’t Moves to Seize Reserves from Central Bank

Italy’s government is pushing ahead with new laws challenging the central bank’s control of the country’s reserves. Rome is calling for public ownership of the nation’s gold.

The ruling coalition of the anti-establishment 5-Star Movement and the League parties proposed two bills that have evoked nationwide controversy over the country’s long-standing financial and monetary system. One draft law may, reportedly, oblige the central bank’s owners to sell their shares to the Italian Treasury at prices from the 1930s, while the second law is set to declare Italian nationals to be the owners of the Bank of Italy’s reserves.

Apr 10 10:02

Icarus Warning

Apr 10 09:28

Gambling Nightmare: Casino Profits Collapse In Atlantic City

Alantic city has been hammered the hardest, with five of the city's 12 casinos closing their doors between 2014-16.

New data Monday from the New Jersey Division of Gaming Enforcement show profits collapsed by 15% in FY18, to $582 million, at a time when the city's gaming industry is contracting as two new casinos reopened, reported AP.

During the 40% reduction of the city's casinos between 2014-16, the market stabilized with less competition. However, the gaming commission made a disastrous mistake last June by allowing Ocean Resort Casino and Hard Rock to open new gaming facilities, which, once again, saturated the market - leading to a decline in gross operating profits for five of the seven casinos.

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