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WSJ Confirms: Trump-Appointed Venezuela Coup Leader Plans Neoliberal Capitalist Shock Therapy

WSJ Confirms: Trump-Appointed Venezuela Coup Leader Plans Neoliberal Capitalist Shock Therapy Venezuela’s US-appointed coup leader Juan Guaidó plans to privatize state assets and give foreign corporations access to oil, the Wall Street Journal admitted. The Wall Street Journal reported that Venezuela’s US-appointed coup leader Juan Guaidó has already drafted plans for “opening up Venezuela’s vast oil sector […]

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US Electric Grid Hacked: Perpetrators Could Have Shut Down the System

US Electric Grid Hacked: Perpetrators Could Have Shut Down the System Hackers broke into the US electric grid with spearphishing techniques targeting contractors with system access. The Wall Street Journal has a detailed report out today regarding a sophisticated, and successful attack by hackers into the US electric grid. The hackers could have temporarily shut […]

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Fracked Shale Oil Wells Drying Up Faster than Predicted, Wall Street Journal Finds

Fracked Shale Oil Wells Drying Up Faster than Predicted, Wall Street Journal Finds In 2015, Pioneer Natural Resources filed a report with the federal Securities and Exchange Commission, in which the shale drilling and fracking company said that it was “drilling the most productive wells in the Eagle Ford Shale” in Texas. That made the company […]

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How do you Stop the Arms Race? By Starting a New War, for Instance

How do you Stop the Arms Race? By Starting a New War, for Instance Do you see a ghostly Seneca Cliff in this graph? (source) There is a good rule that you should always be careful when extrapolating your data, especially over the long term. And there is an even better rule saying that you […]

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Retailers Rejecting Customers’ Cash As More Ban Paper Money

Retailers Rejecting Customers’ Cash As More Ban Paper Money “Your cash is not wanted here”, a growing number of retailers and restaurants throughout the US and UK are telling customers. But are reasons being given by companies for the new “cashless” approach — speed, efficiency, and the safety of store employees — valid enough to require something as utterly and […]

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Mother of All Sucker Rallies Sends Dow 1,000 Points Higher

Mother of All Sucker Rallies Sends Dow 1,000 Points Higher Following a brutal four days in a brutal month, stocks staged a massive rally. Alas, it won’t last. The Wall Street Journal reports Dow Industrials Leap More Than 1,000 Points. The Dow Jones Industrial Average surged more than 1,000 points for the first time in […]

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“It Tells People: Don’t Worry” – Saudi Stock Market Plunge Protection Team Exposed

“It Tells People: Don’t Worry” – Saudi Stock Market Plunge Protection Team Exposed In politics, “when it gets serious, you have to lie.” In the increasingly intermingled worlds of geopolitics and financials markets, when it get serious, you have to rescue your nation’s stocks… America’s Plunge Protection Team has been a long-standing feature behind the […]

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Yet Another Trillion-Dollar Unfunded Liability: WHY California Is Burning

Yet Another Trillion-Dollar Unfunded Liability: WHY California Is Burning The apocalyptic fires that hit California last month have left observers scratching their heads and wondering how destruction on that scale could be possible – and how much it will cost in the future if the causes aren’t addressed immediately. This morning’s Wall Street Journal concludes […]

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U.S. Aircraft Carrier Heads To Persian Gulf In “Show Of Force” After Iran Ballistic Missile Test

U.S. Aircraft Carrier Heads To Persian Gulf In “Show Of Force” After Iran Ballistic Missile Test Days after Iran unveiled its first stealth destroyer in a televised ceremony on Saturday which saw the warship launched into operation in the Persian Gulf, and after the US condemned Iran’s test firing a medium-range nuclear capable ballistic missile on Sunday, […]

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Pompeo: US/Saudi Partnership ‘Vital’ – American Taxpayers May Disagree!

Pompeo: US/Saudi Partnership ‘Vital’ – American Taxpayers May Disagree! Secretary of State Mike Pompeo has published a bizarre op-ed in the Wall Street Journal claiming that Saudi Arabia has been a guarantor of stability in the Middle East and a bulwark against “expansionist” Iran. Perhaps he forgot about Saudi support for jihadists in Syria and […]

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Why I Think this Sell-Off is Just One Step in Methodical Unwind of Stock Prices

Why I Think this Sell-Off is Just One Step in Methodical Unwind of Stock Prices One after the other, individual stocks are getting crushed. It was an ugly Monday and Tuesday followed by a Wednesday that at first look like a real bounce but ended with the indices giving up their gains. This was followed, […]

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The Empire Keeps Proving Assange Right About Everything

The Empire Keeps Proving Assange Right About Everything WikiLeaks founder Julian Assange has been charged under seal by the Trump administration. This has been revealed by a purportedly accidental copy-paste error in an unrelated court document which used Assange’s name, interestingly not long after it was reported to the Wall Street Journal that federal prosecutors […]

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Just in Time Stimulus: Fed Proposes Looser Rules for Large U.S. Banks

Just in Time Stimulus: Fed Proposes Looser Rules for Large U.S. Banks The Fed’s proposal marks one of the most significant rollbacks of bank regulations since Trump took office. The Wall Street Journal reports Fed Proposes Looser Rules for Large U.S. Banks The Federal Reserve announced one of the most significant rollbacks of bank rules […]

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According to the Wall Street Journal, Inflation Is About to Increase the Prices of EVERYTHING

According to the Wall Street Journal, Inflation Is About to Increase the Prices of EVERYTHING We’ve been pretty lucky over the last ten years in terms of inflation, which has remained at about 2%. However, if the Wall Street Journal is correct, our luck is about to run out. The price of just about everything […]

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Marty Feldstein Warns “Another Recession Looms…” And The Fed’s Out Of Ammo

Marty Feldstein Warns “Another Recession Looms…” And The Fed’s Out Of Ammo Authored by Martin Feldstein, op-ed via The Wall Street Journal, And unlike in the past, the Federal Reserve has little room to encourage growth by reducing rates… Ten years after the Great Recession’s onset, another long, deep downturn may soon roil the U.S. […]

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