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Illinois’ financial decay spreads to cities across the state
Illinois’ financial decay spreads to cities across the state Illinois’ finances aren’t just decaying at the top, they’re falling apart everywhere. The state’s one-size-fits-all pension laws and overly generous benefits have left many cities suffocating under impossible pension debts as their populations shrink, tax burdens jump and resident incomes stagnate. Without an amendment to the Illinois Constitution’s pension protection clause – and subsequent pension reforms – […]
Measured Move
Measured Move Having fun with the endless chop that started in early August? Markets are consolidating inside a well defined price range. 2945 on the top end and 2822 on the bottom end of the range for $SPX. That range was established on August 2 and August 5th. Since then markets have been bouncing inside […]
Ron Paul: The Fed Is In The Stock Market And They Don’t Want Us To Know The Details
Ron Paul: The Fed Is In The Stock Market And They Don’t Want Us To Know The Details On Tuesday September 3, 2019, former Texas congressman Ron Paul appeared on an episode of the Quoth the Raven podcast to weigh in on the state of equity markets, the media’s role in indoctrinating the masses with Keynesian theory, […]
Peter Schiff: The Fed is ‘Unable to Delay’ a Recession Any Longer
PETER SCHIFF: THE FED IS ‘UNABLE TO DELAY’ A RECESSION ANY LONGER According to Peter Schiff, the chief global strategist at Euro Pacific Capital, it was a “huge mistake” for the Federal Reserve to cut interest rates last month. Schiff says there is no way for the Federal Reserve to stops the United States from […]
Chinese Currency Manipulation–Trump’s Petard
CHINESE CURRENCY MANIPULATION – TRUMP’S PETARD The risk that the Sino-US trade war morphs into an international currency war has risen The US$ Index is up since 2010 but its only back to the middle of it range since 2000 The Chinese Yuan will weaken if the Trump administration pushes for higher tariffs Escalation of […]
View from the Lake: Deflation & Debt
View from the Lake: Deflation & Debt Grand Lake Stream | The conversations over the Labor Day weekend at Leen’s Lodge ranged from negative interest rates to the efficacy of a bubble gum colored wacky worm vs live bait in late season bass fishing. We’ve mostly decided that a large mouth bass raised in Maine […]
Weekly Commentary: Dudley Sticks His Neck Out
Weekly Commentary: Dudley Sticks His Neck Out What a fascinating environment; each week bringing something extraordinary. Yet there is this dreadful feeling that things are advancing toward some type of cataclysm. “U.S. President Donald Trump’s trade war with China keeps undermining the confidence of businesses and consumers, worsening the economic outlook. This manufactured disaster-in-the-making presents […]
Demoralized, Depressed, Detached & Defiant
Demoralized, Depressed, Detached & Defiant I’ve now been running The Burning Platform blog for over ten years. It’s been over eleven years since I wrote my first article – Why We Need Ron Paul – in May 2008 during the Republican primaries. I really thought I could change enough minds through my writing to influence […]
28 Signs Of Economic Doom As The Pivotal Month Of September Begins
28 Signs Of Economic Doom As The Pivotal Month Of September Begins Since the end of the last recession, the outlook for the U.S. economy has never been as dire as it is right now. Everywhere you look, economic red flags are popping up, and the mainstream media is suddenly full of stories about “the […]
“A Murderer’s Row”: Oil And Gas Bankruptcies To Accelerate As $137 Billion Debt Matures Over Next Two Years
“A Murderer’s Row”: Oil And Gas Bankruptcies To Accelerate As $137 Billion Debt Matures Over Next Two Years Oil and gas companies are facing an onslaught of bankruptcies as the “shale revolution” appears to be coming to an unceremonious end, at least on Wall Street, according to the Wall Street Journal. Companies like Sanchez Energy Corp., Halcon Resources […]
The Guide To Real History
The Guide To Real History In the last two centuries, all wars have been machinations orchestrated by bankers pursuing two very simple objectives: profit and a world domination that bears a name: the New World Order. Education and medias are the main culprits to blame for keeping the important role of bankers in the dark […]
Focus Is Increasingly On How Similar Conditions Are To The Lead Up To WW2: Rabobank
Focus Is Increasingly On How Similar Conditions Are To The Lead Up To WW2: Rabobank Back with a bang As mentioned on Friday, welcome to both La Grande rentrée and weltschmerz: and combining the two, this week we are ‘back with a bang’. That seems appropriate given yesterday marked 80 years since the start of WW2, which one […]
The Surrender of Liberty in the Name of Security
The Surrender of Liberty in the Name of Security QUESTION: It seems that as we get closer to a change-over of economic systems that as a society we are more willing to give up our rights to the State. Is that part of a pattern during these types of events? Was it seen as Britain, Rome, […]
Argentina Imposes Currency Controls
Argentina Imposes Currency Controls Late on Friday, when we noted that according to Argentina’s next president, Alberto Fernandez, the country’s upcoming bond default, its 9th since declaring Independence, was the IMF’s fault as much as that of outgoing president Mauricio Macri, we pointed out that Buenos Aires has a more pressing problem: running out of money. Specifically, we […]
Falling From Grace
Falling From Grace Years ago, Doug Casey mentioned in a correspondence to me, “Empires fall from grace with alarming speed.” Every now and then, you receive a comment that, although it may have been stated casually, has a lasting effect, as it offers uncommon insight. For me, this was one of those and it’s one […]
