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It’s Just Starting: Moody’s Warns A Deluge Of Retail Bankruptcies Is Coming
It’s Just Starting: Moody’s Warns A Deluge Of Retail Bankruptcies Is Coming 2017 was a perfect storm for “brick and mortar” retailers who officially lost the war with Amazon, and no less than 30 retail chains filed for bankruptcy in a year in which the CEO of Urban Outfitters said the “retail bubble has now […]
Venezuela’s 4,000% Hyperinflation ‘Breaks’ Cash-Weighing Scales
Venezuela’s 4,000% Hyperinflation ‘Breaks’ Cash-Weighing Scales Mired in a brutal economic collapse, Venezuela refuses to publish basic statistics. So Bloomberg created their own gauge to measure one of the most important of all the missing figures – inflation (or hyperinflation in this case). Bloomberg explains that, as the name would suggest, it tracks just one […]
EU Preparing To Unleash First-Ever Regulations Targeting Search Engines
EU Preparing To Unleash First-Ever Regulations Targeting Search Engines Roughly nine months after Google’s parent company Alphabet was slapped with a 2.4 billion euro fine for “abusing its dominance in search,” Brussels bureaucrats are reportedly preparing to take things a step further and unleash Europe-wide regulations for search engines and other online platforms and apps. […]
Loonie Tests 2018 Lows As Canada Existing Home Sales Crash To 5 Year Lows
Loonie Tests 2018 Lows As Canada Existing Home Sales Crash To 5 Year Lows The Canadian Dollar dropped, testing the lows of 2018, following CREA data showing existing home sales crashed to the lowest since 2013 and price appreciation slowed dramatically. Home sales via Canadian MLS® Systems were down 6.5% in February. This marks the […]
Venezuela’s Inflation Surges to A New High: 7459%
Venezuela’s Inflation Surges to A New High: 7459% After backing off over the past month and a half, Venezuela’s hyperinflation is surging again, making a new high of 7459% yr/yr. The Grim Reaper has taken his scythe to the Venezuelan bolivar. The death of the bolivar is depicted in the following chart. On the black […]
Will the societal collapse cross the border to the USA?
Will the societal collapse cross the border to the USA? “Complicated days are coming, I won’t lie to you. The wave of violence isn’t going to end.” -Jalisco Governor Aristóteles Sandoval I just read three current articles about our Mexican neighbors to the South. I highly recommend that you take the time to do so as […]
Britain To Expel Russian Diplomats, Calls UN Session After Deadline Expires Without Moscow Response
Britain To Expel Russian Diplomats, Calls UN Session After Deadline Expires Without Moscow Response The UK was braced for a showdown with Russia on Wednesday after a midnight deadline set by Prime Minister Theresa May expired without an explanation from Moscow about how a Soviet-era nerve toxin was used to strike down a former Russian […]
“Asteroids, WWIII, Or North Korea” – South Dakotans Transform Military Bunkers Into Survivalist Homes
“Asteroids, WWIII, Or North Korea” – South Dakotans Transform Military Bunkers Into Survivalist Homes The motto “always be prepared” is wise advice, but, as RT reports, one man is taking the mantra to the max. He’s got former military bunkers spanning a space that is three-quarters the size of Manhattan, and is selling them to […]
New Jersey Prepares To Raise Taxes On “Almost Everything” As It Nears Financial Disaster
New Jersey Prepares To Raise Taxes On “Almost Everything” As It Nears Financial Disaster Last week we noted that in what was a radical U-turn to what other public pension funds have been doing in recent years – most notably Calpers – the struggling New Jersey public pension system decided that instead of lowering its […]
Russia Threatens Military Action Against US If Washington Strikes Syria
Russia Threatens Military Action Against US If Washington Strikes Syria While mystery still surrounds the statement by now-former Secretary of State Rex Tillerson who on Monday – when he already knew he was fired – said that Moscow is “clearly” behind the poisoning of Russian double-agent Skripal in the UK and that the Russian action […]
China Accuses US Of Fabricating Trade Data, Warns “Trade War Would Be A Disaster”
China Accuses US Of Fabricating Trade Data, Warns “Trade War Would Be A Disaster” While Canada and Mexico and soon other US “allies” have so far been spared the brunt of the Trump import tariffs on aluminum and steel imports as a result of “indefinite” exemptions for the duration of Nafta negotiations, China – the […]
It’s Official: China Repeals Term Limits, Allowing Xi To Stay In Power Forever
It’s Official: China Repeals Term Limits, Allowing Xi To Stay In Power Forever As expected (and predicted, and propagandized), China’s National People’s Congress overwhelmingly passed a constitutional amendment to eliminate presidential term limits, paving the way for President Xi Jinping to stay in power after his second term ends in 2023. The vote was as […]
Pollution, Invasive Aliens, & Mass Extinction: 20,000 Scientists ‘Warn Humanity’ The End Is Nigh
Pollution, Invasive Aliens, & Mass Extinction: 20,000 Scientists ‘Warn Humanity’ The End Is Nigh A wave of nationalist/populist/anti-globalization, record high debt, nuclear doomsday clock at its highs, soaring financial leverage, and now trade wars. If the world did not have enough to worry about, 20,000 scientists have a few more reasons to believe ‘the end […]
$21 Trillion And Rising: How Central Banks Are LBOing The World In One Stunning Chart
$21 Trillion And Rising: How Central Banks Are LBOing The World In One Stunning Chart Back in late 2016, we showed the unprecedented domination of capital markets by central banks using a chart from Citi, which had put together a fascinating slideshow asking simply “Where is the utility in marginal QE” and specifically pointing out […]
Assange Lashes Out: “Hypocritical Motherf*ckers… Remember How I Exposed Your Secret Deal With The Saudis”
Assange Lashes Out: “Hypocritical Motherf*ckers… Remember How I Exposed Your Secret Deal With The Saudis” Wikileaks founder Julian Assange lashed out at the UK government over Twitter on Friday after Britain’s official UN account (UK Mission to the United Nations) tweeted “A free and independent media fulfils a vital role in holding the powerful to […]
