US Initial Jobless Claims have hit their lowest level since 1969, with consumer confidence reaching its highest in decades. Things are looking pretty good until you start discussing averages, says Mish Shedlock of MishTalk.com. [...]
The latest data from the US Treasury Department shows America’s gross national debt ballooned by $1.2 trillion to a breathtaking $21.52 trillion on September 28, the last day of fiscal year 2018. [...]
There is good reason people are going to real assets. The U.S. government is “missing” $21 trillion between the DOD and HUD. This fact was uncovered by Fitts and economist Dr. Mark Skidmore last year.
What was the government’s answer to this gigantic accounting fraud that is the size of the federal deficit?
Give the government’s budgets basically classified national security status. [...]
International rating agency Fitch has downgraded its 2019 global GDP forecast. The worsening trade conflict between Washington and Beijing is behind the decision, it said. According to Fitch, protectionist US trade policies have now reached the point where they are materially affecting what remains a strong global growth outlook. [...]
The Ruble-traded MOEX stock index is enjoying a bumper week as it reaches all-time highs on an almost-daily basis.The growth is linked to the strengthening Russian currency despite a threat of new US sanctions and high oil prices. [...]
WASHINGTON (Sputnik) - Tariffs imposed by the US government on metals and other imported goods are causing widespread pressures for manufacturers and businesses in the United States, the Federal Reserve said in a report. "All Districts noted fairly widespread input price pressures, particularly for construction materials and freight transportation," the report released on Wednesday said. [...]
The recent growth in the Russian currency has helped the ruble-traded MOEX index reach an all-time high on Tuesday. The index rose to 2,390 points for the first time in history after the ruble strengthened to 67.7 against the dollar and 79.1 against the euro. Earlier in September, the Russian currency had suffered a deep plunge against reserve currencies amid a new US sanctions threat. [...]
WASHINGTON (Sputnik) - More than 90 percent of economists believe tariffs will have a negative effect on the US economy, a poll conducted by the National Association for Business Economics (NABE) showed on Monday. [...]
In this episode of the Keiser Report, Max and Stacy look at the question of “whether or not China has what it takes to be a superpower?” In the second half of the show, Max interviews Dr. Michael Hudson, the author of the soon-to-be-released book, ‘...and forgive them their debts: Lending, Foreclosure and Redemption — From Bronze Age Finance to the Jubilee Year.’ They discuss the new – [...]
The latest trend among European countries of bringing home their gold reserves has been raising concerns in Brussels. RT talked to Claudio Grass of Precious Metal Advisory Switzerland to understand what’s behind that trend. According to Grass, the process means disintegration, which usually comes with instability, unrest, more government intervention and control. [...]
RT’s Boom Bust show presents the second part of a special project that looks into the quality of the US infrastructure. Even President Trump admitted that, when it comes to airports, the US is like a Third World country. Infrastructure is one of the major issues in the US as it affects the lives of millions of people and billions of dollars in the world’s largest economy. [...]
Instead of hitting Russia's energy sector, Washington's sanctions imposed on Moscow since 2014 have finally backfired on major US oil and gas companies, depriving them of lucrative opportunities and forcing them out of Russia. While Russia is boosting oil output following a decision by OPEC and non-OPEC producers to ease extraction cuts, US petroleum companies are reaping the bitter fruits of [...]
On the world’s Grand Chessboard, the US is fighting for control and influence. And there are countries where its ambassadors are perceived more as imperial governors than simple channels of communication. [...]
Investor confidence in Europe has surged in 2017 after three years of decline. Europe has attracted a record level of foreign direct investment (FDI), with Russia making the top five list, according to data from EY. The firm’s report showed that, despite a slowing growth in Europe, investor sentiment is more buoyant with 50 percent of more than 500 investors highlighting confidence. [...]
From the 2017 Vancouver Resource Investment Conference.
Make sure to register for the 2018 event, January 21st & 22nd at the Vancouver Convention Centre West...
The Reason Trump is President - Peter Schiff
Richard Wolff Speech Capitalism Has Failed
America is Morally Bankrupt | Ed Schultz | Oxford Union
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It is an epic paradox that President Donald Trump, like previous US presidents, boasts of America’s military supremacy and its vital role as defender of the nation. The Trump administration in its first year in office boosted the annual military budget to $700 billion, up from an already gargantuan average figure of some $600 billion a year. [...]
The impending economic collapse is hidden from most. People only see a rising stock market, not the negative underlying factors that will cause a dollar collapse and a complete system crash. A dollar collapse is when the value of the U.S. dollar plummets. Anyone who holds dollar-denominated assets will sell them at any cost.
When the dollar collapse occurs, these parties will demand assets deno [...]
US President Donald Trump has demanded that the Organization of Petroleum Exporting Countries do more to stop the surge in global gasoline prices. "The OPEC Monopoly must remember that gas prices are up and they are doing little to help. If anything, they are driving prices higher as the United States defends many of their members for very little $’s. [...]
WASHINGTON (Sputnik) - Half of Americans believe President Donald Trump’s aggressive use of tariffs threatens the country’s economic prosperity and their own personal finances, a Quinnipiac University poll revealed on Monday. "Trump's trade policies are bad for the US economy, voters say 50 — 39 percent and bad for their personal financial situation, voters say 46 — 35 percent," a press re [...]
The most incredible video of the coming Economic Collapse and the next Great Depression. Today, America is nearly 70 trillion dollars in debt, and that debt ...
Economic Collapse Confirmed! $70 Trillion Dollar Dark Cloud Of Debt
The Crash Is Coming! Prepare For Economic Collapse 2018 Stock Market Crash!
Ron Paul: Economic progress under Trump is illusion, crash coming
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The White House's tough trade practices and sanctions policies may finally backfire on the US, prompting holders of US debt to dump American Treasuries. The move could have a serious impact on the decades-long leadership of the US dollar. Russia and China are dumping their US Treasury debt holdings amid Washington's sanctions and tariff spree. [...]
It is an epic paradox that President Donald Trump, like previous US presidents, boasts of America’s military supremacy and its vital role as defender of the nation. The Trump administration in its first year in office boosted the annual military budget to $700 billion, up from an already gargantuan average figure of some $600 billion a year. [...]