ECONOMY | WHAT REALLY HAPPENED

ECONOMY

Oct 09 04:59

How An Ever Sanctioning Superpower Is Losing Its Status

The Russian President Vladimir Putin spoke yesterday at the yearly Valdai Discussion Club meeting in Sochi. A video with English translations and excerpts of the transcript are here.

With regards to the global system Putin made an interesting historic comparison:

The U.S. sanctions and sanctions and sanctions but never checked if sanctions work to the intended purpose. The efforts to sanction Russia have surely led to some unintended consequences. They are the reason why the alliance between China and Russia deepens every day. The U.S. has the exorbitant privilege of having its own currency being used as the international reserve. The sanctioning of U.S. dollar transactions is the reason why the U.S. is now losing it:

But the U.S. is not losing its financial or sole superpower status because of what China or Russia or Iran have done or do. It is losing it because its has made too many mistakes.

Oct 08 18:32

UBS Boosts 2020 Gold Forecast Even Higher

Oct 08 14:51

Headlines Dominate Cautious Markets

Oct 08 14:50

Fed's Shadow QE Revealed!

Oct 08 08:30

Watch out for leveraged ETNs

Oct 08 07:58

Sonos is letting customers in Europe rent its pricey speaker systems for just $16 per month in a service that could roll out worldwide

The service offers three distinct tiers of Sonos rentals that start at €15 ($16) per month and ascend in price with a middle-tier package that costs €25 ($27) per month and finally a premium package for €50 ($55) per month.

Each serves a separate function with the more expensive options being geared toward TV's and the cheapest being a versatile 'Evert Room' setup.

Respectively, the speakers included in those packages would cost €229 ($251), €449 ($493), and €799 ($877) if bought outright through the company.

Oct 08 07:13

The Most Miserable Countries in the World

Oct 08 06:50

What's Holding Up the Market?

Oct 07 18:16

Timeline of Lawsuits, Legislation, Opposition, and Warnings Regarding Forced 5G Installation in the U.S. and Worldwide

By B.N. Frank

Activist Post regularly reports about increasing opposition to 5G in the U.S. and around the world. It’s difficult to keep up with it. In February, the telecom industry provided U.S. congressional testimony that they have NO scientific evidence that it’s biologically safe. Many doctors and scientists say it isn’t. Engineers, environmentalists, meteorologists, NASA, NOAA, U.S. Navy, security experts and other credible sources have also described 5G as a recipe for disaster.

It’s ridiculous that 5G is still being forced on so many communities – especially since illness from exposure has already been reported...

Oct 07 15:48

Capital Flight Is Killing The US Shale Boom

Oct 07 15:02

Urban and Home Gardens Could Help Curb Food Insecurity, Health Problems

It’s changed our way of eating a lot’: Participants cited pride in their garden work as a key factor in eating the healthier produce they grew, leading to an increase in healthy eating and physical activity.

Food deserts are an increasingly recognized problem in the United States, but a new study from the Journal of Nutrition Education and Behavior, published by Elsevier, indicates urban and home gardens – combined with nutrition education – could be a path toward correcting that disadvantage...

Oct 07 10:16

The Relentless Road to Recession

Oct 07 10:02

China’s ‘New Silk Road’ Vision Revealed

The Xinhua series promises the clearest look so far at China’s vision for its Silk Road Economic Belt as well as the Maritime Silk Road. One of the most intriguing pieces released Thursday was a map showing China’s ambitious visions for the “New Silk Road” and “New Maritime Silk Road.” It’s the clearest vision to date of the scope of China’s Silk Road plan.

According to the map, the land-based “New Silk Road” will begin in Xi’an in central China before stretching west through Lanzhou (Gansu province), Urumqi (Xinjiang), and Khorgas (Xinjiang), which is near the border with Kazakhstan.

Oct 07 09:16

The Washington Tyranny destroys Democracy - Dr. Paul Craig Roberts, Herland Report TV

Herland Report Podcast: "If there is a war, Europe is going to disappear. The Russians have already said that they will not fight another war on their territory. There are no independent governments in Europe, Washington owns them," states Dr. Paul Craig Roberts.

Oct 07 09:15

Hard Data Gets Put to the Test

Oct 07 09:10

China’s New Silk Road through Syria provokes the US: The Sanctions only help China’s power to grow

A map of the likely final routes of the land and sea trade corridors which China is working to build in cooperation with local nations along the route goes a long way in explaining why the United States is conducting troop exercises, engaging in military conflicts and threatening new military conflicts in key spots along the New Silk Road.

The following map shows the routes of China’s New Silk Road. Each number corresponds to an area where US troops or their allies are either active in a conflict zone or have recently engaged in military exercises.

Oct 07 09:00

A Turning Point for America and The World?

11 days ago the Russian Combat Engineers completed a bridge across the Euphrates, under fire,connecting Western Syria with Eastern Syria,capable of handling 8,000 vehicles a day.
https://theduran.com/syrian-war-update-russia-builds-bridge-across-eup...
https://tass.com/defense/967468

Neither Syria,Russia or Iran are protesting the Turkish invasion as of yet.

Today President Trump announced a pullout of US troops from Northeast Syria in anticipation of a major Turkish incursion into Northeastern Syria.
https://www.rt.com/news/470361-us-syria-tribal-wars/
https://news.antiwar.com/2019/10/06/us-troops-will-withdraw-from-north...
Russia demanded all uninvited foreign troops leave Syria.
https://sana.sy/en/?p=175065

Oct 07 08:23

The Market Begins Pricing In More Rate Cuts

Oct 07 05:17

17% of young homebuyers regret purchase

Oct 06 17:04

Fed Repo Operations: Much Ado About Nothing?

Oct 06 11:44

Worst IPO Since 2007? (SDC)

Oct 06 11:35

These Are The Top American Cities For Starting A Small Business

By Tyler Durden

Friday’s jobs report has helped stoke speculation that the American labor market is finally beginning to cool (though the 136k jobs number was still better than the whisper number, which saw September payrolls sinking below 100k). As the pace of hiring slows, more Americans might be forced to make bold career moves – like deciding to start their own business.

And why not? As Adrian Mak wrote in a recent blog post for AdvisorSmith, new business formation is a critical driver of the American economy, even as large corporations continue to strengthen their grip.

Using data gleaned from a recent study that looked at 353 US cities across all 50 states, AdvisorSmith ranked the best US cities for starting a small business...

Oct 06 10:17

Company Building Hemp Homes Using 3D Printing Technology

By John Vibes

More architects and builders are turning to hemp as a sustainable material to use when building homes, and with 3D-printing technology, hemp is going to become even more of a realistic alternative to traditional materials, which are not environmentally friendly and in very short supply.

An Australian based biotechnology company called Mirreco, has recently unveiled plans for 3D-printed hemp homes. The company cites environmental concerns as some of their primary motivations...

Oct 06 04:56

Trump Cannot Be Anti-Globalist While Working With Global Elites

Early on I posted stories about Trump's bailout by the Rothschilds and Wilbur Ross. I posted stories about his profitable business dealings with George Soros. His connections to Israel and Jeffrey Epstein.
I decried him stuffing his cabinet with Globalist Swamp Critters. He has broken his promise on pulling back from all these wars. He has broken his promises on immigration. Hillary and Bill are still free and not indicted. I could go on and on. Sometimes it doesn't feel good to be right.

During the election it was unclear to me if Donald Trump was a puppet of the elites. He could have simply been a convenient scapegoat for the coming crash. Today, it is obvious that he is indeed controlled opposition.

Oct 05 11:33

Central Bankers Go Green…Why?

Oct 05 09:41

$2B Big Short of the late 2010s

Oct 05 09:02

Shell Oil Corporation Burning Gas For Months Because They Can’t Sell It — Surrounding Communities Affected

By John Vibes

The Shell oil corporation is burning off large volumes of ethane because they can’t sell it to their regular customer, which is a plant on the same property owned by ExxonMobil. The location is officially known as “Mossmorran,” and is used by numerous oil and gas companies. Residents near the property where the ethane is burning are complaining of pollution, light, and noise coming from the site...

Oct 05 07:27

The Federal Reserve Cartel: The Eight Families

The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly over the global economy does not end at the edge of the oil patch.

According to company 10K filings to the SEC, the Four Horsemen of Banking are among the top ten stock holders of virtually every Fortune 500 corporation.[1]

So who then are the stockholders in these money center banks?J. W. McCallister, an oil industry insider with House of Saud connections, wrote in The Grim Reaper that information he acquired from Saudi bankers cited 80% ownership of the New York Federal Reserve Bank- by far the most powerful Fed branch- by just eight families, four of which reside in the US. They are........

Oct 05 07:23

Lebanese Paper Reveals US Plots for Hot Summer in Iraq, Baghdad's Measures to Counter

Just as I suspected. The US is not happy with Iraq over their friendship with Iran.

Security sources told the Arabic-language al-Akhbar newspaper that most people in the recent unrests in Iraq were peacefully shouting their demands while a number of others were after sabotage acts and suspicious plans to turn the scene into violence and chaos.

They added that the US plot to foment chaos in Iraq was disclosed to the intelligence bodies since three months ago, noting that Washington and its allies were due to organize protest rallies under the cover of popular demands and lead it towards unrests and then introduce a popular military commander to lead the so-called salvation government so that the US can strengthen its hegemony over Iraq.

Oct 05 07:19

Does The Market Finally See The Slowdown?

Oct 05 07:13

Good & Evil - A Declaration of War

For many centuries, Evil has waged a covert war against Good.

Evil denies this and calls it a "conspiracy theory."

They slander and smear people who sound the alarm.

Resistance to Evil is classified as "Hate."

They deny with their lips what they do with their hands. "Believe what we say, not what you see." What you see is "fake news."

The hunter is most effective if the prey is unaware of mortal danger.

Oct 05 07:04

Trump Says Big Pharma Might Be Driving Impeachment: Does Daniel Best’s Suspicious “Suicide” Prove He’s Right?

On Thursday, MSNBC printed a hit piece entitled Trump suggests without evidence that pharmaceutical industry could be pushing impeachment probe.

Notice the “without evidence” jab in the title.

Are they right about that?

Maybe, but not entirely.

More on the “strong but circumstantial” evidence in a minute.

First let’s look at what Trump actually said:

Oct 05 06:27

Oregon agricultural exports hit hard by US-China trade war

MARQUAM — Rancher Jerome Rosa sat in his mud-spattered pickup truck, glumly watching some of his cows resting on a grassy slope in Oregon's fertile Willamette Valley.

Rosa, the executive director of the Oregon Cattlemen's Association, told state lawmakers a few days earlier about the disruptions to Oregon's beef exports because of the U.S.-China trade war.

Darren Padget, an Oregon wheat grower and vice chairman of the U.S. Wheat Associates market development group, said he supports Trump's renegotiating of trade agreements and hard stance with China.

Oct 05 05:49

Oil Discoveries Hit 70-Year Low

Oct 04 21:33

China trade war triggers closings, layoffs at US hardwood lumber mills

It is hard times for the U.S. hardwood lumber industry. The trade war with China has caused a steep drop in U.S. exports of the product, and now the industry is cutting jobs.

China used to account for about half of all U.S. hardwood lumber exports, about $2 billion annually. The Trump administration’s 25% tariff cut through that demand.

Oct 04 21:08

Beware Awakening China

By Eric S. Margolis

Special for LewRockwell.com

“China is a sleeping giant. Let her sleep, for when she wakes she will move the world.” Napoleon

France’s future emperor never saw China, but he was wise enough to understand its immense latent strength and future importance. Two centuries after making this prediction, China has proved the Corsican correct.

While Washington fiddles and burns, Chairman Xi Jinping, the new Chinese emperor, is fast making China great again.

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