Debt will, of course, be the overriding historical benchmark. Young people will find it very hard to believe today’s insane policies. Which country will have fared the worst? Will any country have survived the nuclear holocaust? What will be the future of money? Obamacare spiraling down to its death knell. China’s downturn spells doom for all of us. Some statistics showing the continued decline in the U.S. economy. If nobody is working in one out of every five families, unemployment CANNOT POSSIBLY BE AT 5%!!! No go, folks. You are being lied to. China’s new ultra-sophisticated ballistic missiles tested last week. Monopoly is going cashless. The pension-funding black hole. A brief comment on Saudi Arabia. A brief comment on gold. Britain’s National Health Service going the way of Obamacare.
An investigation into America’s low savings rate. Another casualty of the erstwhile middle class. 40 countries offer greater media freedom than America including Uruguay and Namibia! Mass riot control police exercises all over the country. “Getting ready”. Obama goes on an international lecture tour: lecturing Saudi Arabia on sharing the continent with others and lecturing Britain with threats (no less) about leaving Europe. 47% of Americans could not come up with $400 for an emergency. The government is trying to withhold an 11,000-document cache of government communications. The racket of daily life in America. Defaults now galloping ahead. The rate of suicide in the U.S. is soaring.
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The wage gap has been widening since 1973. The real disadvantages of being poor transcend by far the economic roots. Other cultural factors are also at play. A financial overview of the economic condition of the US. Why some countries are poor and others wealthy. (Hint: not a matter of resources). Most Americans think things are getting worse. “Being Black Is Bad For Your Heath”. Quick comment on the Russian fighter-bombers which buzzed a U.S. destroyer the other day. Quick comment on ‘negative interest rates’ Corporate buy-backs. Project Fear (designed to keep the U.K. within the E.U.) Why the current bubble will end badly.
An Appraisal Of America Today – 04.18.2016
Banks paying YOU money to hold a mortgage with them! Lunacy personified? Yes! The end of America’s sphere of influence and respect. A history of misdeeds culmination in today’s destiny. The status quo in America is a fraud. Why the nation is rotting from within. The failure of forecasting. Why poor New Yorkers live longer than other poor Americans. Poverty, in general, among older Americans. Some gruesome statistics.
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The workforce versus useless college degrees. The F.B.I. is possibly the most evil public institution in the United States. Plenty of grist for the mill here. Update on the world economic crisis. Excruciating and unthinkable waste at the Pentagon. More on the critical shortfall of the U.S. public pension system. Obama praising Yellen (reminds one of “Heckuva Job Brownie”). Is the man senile or just stupid? Then Biden congratulates the Prime Minister of Ukraine, just resigned after bringing the country to its knees. What is it with these fools? Total failure in the upbringing of the Millennial generation. Goldman Sachs’s $5.1 billion “fine’. The auto sector has finally rolled over.
Americans are dissatisfied. Pitfalls to avoid when it comes to investing. The current state of the stock market. Venezuela designates every Friday a ‘holiday’. Essential information for you to understand as to why you must take your money out of the banks. The horrors of the current degree of corporate debt as a percentage of GDP. Janet Yellen’s grotesque misrepresentation of the unemployment situation. Orders of big rigs continue to collapse. Rail carload declines confirm this trend. Men losing jobs at double the rate of women. U.K manufacturing data continue grim. Stan Druckenmiller (30% gains every year with no losing year) predicts America heading for an economic disaster. Some recent U.S. economic statistics showing continued, serious economic decline.
Britain’s worst peace-time current account deficit ever. IMF predicts it will worsen. Anatomy of a derivatives trade potentially gone horribly wrong. Regulators don’t even understand them! Cost to hire China container ships plunges to historic lows. Worse than 2008. No pending bailouts. No incipient V-shaped recovery. No ‘Official Financial Crisis’. The sad story of Valeant Pharmaceuticals. Even the IMF is now predicting growing risks to the global economy. Veterans who don’t tow the party ‘patriotism’ line are vilified. The sickening story of two vets’ experiences in Afghanistan and Iraq. An economy totally built on debt. Totally unsustainable. Factory orders collapsed in February as did durable orders. Dramatic payroll cuts.
Why NATO needs to go. Why Russia represents no threat to the U.S. whatsoever. How the end of the Cold War (1991) left the U.S. with no enemy of any kind anywhere. Why this was unacceptable to the Warmonger Party in Washington. What they have done to ‘redress the balance’. Personal burnout as Americans work harder than ever to ensure the continuation of their jobs. Terrible Japanese retail sales. A Bill Bonner winner. Many older Japanese men are so desperate, they want to go to jail to ensure their survival. Another scandal. The Pentagon officially announces it’s sending massive amounts of materiel to Eastern European countries along the border with Russia. Fantasy ‘from the other side’.