Category: Economy

Today’s News June 25, 2015

Iconic Dukes of Hazzard Car 'General Lee' Stripped Of Confederate Flag: "This Is A New Level Of P.C. Idiocy" Submitted by Mac Slavo via SHTFPlan.com, They’ve been pushing for it for over 150 years and this year the politically correct anti-Confederate flag movement may have finally achieved its ultimate goal. Following a racially driven shooting spree …

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Alexis Tsipras—-Angel Of Mercy Or “Trusty” Of The Central Bankers’ Debt Prison?

Greece, Europe and the world are being crucified on a cross of Keynesian central banking. The latter’s two-decade long deluge of money printing and ZIRP has generated a fantastic worldwide financial bubble, and one which has accrued to just a tiny slice of mankind. That much is blindingly evident, but there’s more and it’s worse. The present replay of high noon on Greece’s impossible mountain …

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Today’s News June 24, 2015

CNN Goes There: Asks If Thomas Jefferson Memorials Should Be Removed Because He Owned Slaves? As the Confederate Flag hysteria escalates, CNN's Ashleigh Banfield asks fellow CNN mouthpiece Don Lemon if it’s now appropriate for lawmakers to start a future conversation about whether or not the monument of Thomas Jefferson should be removed from the …

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Today’s News June 23, 2015

Chinese Crash Continues After PBOC Cracks Down On Brokerage Liquidity Just when you thought it was safe to buy the 12% collapse (the biggest since Lehman) in Chinese stocks, they re-plunge another 3-4% with no dip-buyers evident. The drivers are twofold: first, China PMI beat expectations modestly (uh oh no more QDII, QE, PSL, etc.); …

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Today’s News June 22, 2015

Is This Complacency, Idiocy, Or Both? Submitted by Mark St.Cyr, If one listens to the financial media mavens give their detailed analysis of late, you would have thought the The Onion™ decided to try its hand at TV and radio. Since last Friday as they anticipated the most recent “jobs” report with bated breath to …

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Today’s News June 21, 2015

Paul Craig Roberts: "Washington Is Impotent To Prevent Armageddon" Submitted by Paul Craig Roberts, Paul Craig Roberts’ address to the Conference on the European/Russian Crisis, Delphi, Greece, June 20-21, 2015 ?Paul Craig Roberts, formerly Assistant Secretary of the US Treasury for Economic Policy, Associate Editor, Wall Street Journal, Senior Research Fellow, Stanford University, William E. …

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Today’s News June 20, 2015

The Last Rebels: 25 Things We Did As Kids That Would Get Someone Arrested Today Submitted by Daisy Luther via The Organic Prepper blog, With all of the ridiculous new regulations, coddling, and societal mores that seem to be the norm these days, it’s a miracle those of us over 30 survived our childhoods. Here’s …

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Today’s News June 19, 2015

California Has Never Experienced A Water Crisis Of This Magnitude – And The Worst Is Yet To Come Submitted by Michael Snyder via The Economic Collapse blog, Things have never been this dry for this long in the recorded history of the state of California, and this has created an unprecedented water crisis.  At this …

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Today’s News June 18, 2015

Artist's Impression Of GOP Presidential Nominee Race That platform is starting to get full… of something…     Source: Townhall.com "Goldbug" Analysts Capitulation Submitted by Leonard Sartoni via GoldBroker.com, The gold market has been in a profound lethargy (at least in dollar terms) for over a year. This is as frustrating for the bulls as …

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Today’s News June 17, 2015

Goldman Asks, Is The Bundesbank "Ominously" Trying To Sabotage The ECB's QE? When the sell-off in German Bunds first got going, it looked like a temporary squeeze, with the largest position in the market – the ECB QE trade – coming under pressure after much weaker-than-expected Q1 GDP on 4/29.   However, as (Draghi mouthpiece) …

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