70% of U.S. households struggle with either low incomes, insufficient savings, or debt; The typical low-income U.S. household has only 9 days of income saved in the bank or at home.

70% of U.S. households struggle with either low incomes, insufficient savings, or debt http://t.co/BYgEe5rqO8 pic.twitter.com/Dqaz8zWkfF

— Real Time Economics (@WSJecon) February 1, 2015

The typical low-income U.S. household has only 9 days of income saved in the bank or at home.

Some 55% of U.S. households are “savings-limited,” Pew says, which means they don’t have enough liquid cash on hand to replace one month’s income. The typical low-income household has […]

How screwed up is the world when savers have to pay banks to keep their deposits and those same banks turn around and pay debtors on their mortgages? This will end badly.

In Denmark You Are Now Paid To Take Out A Mortgage

With NIRP raging in the Eurozone and over €1.5 trillion in European government bonds trading with negative yields, many were wondering when any of this perverted bond generosity will spill over to other debtors, not just Europe’s insolvent governments (who can only print negative interest debt because of the ECB’s backstop that it will buy any piece of garbage […]

Strong Dollar Squeezes U.S. Firms, Rising Currency Takes a Toll on Sales and Profits; Stocks Drop as Capital Spending Slows, Too

Here’s why the dollar is so strong and what it means for investors http://t.co/wBOkUjlGRK pic.twitter.com/sw2mMurjXT

— Business Insider (@businessinsider) January 31, 2015

The stronger dollar is slicing sales and profits at big American companies, prompting them to put renewed emphasis on cost cutting and cramping the broader U.S. economy. The currency effects are hitting a wide swath of corporate America—from consumer products giant Procter & Gamble  to technology stalwart […]

Fund Manager: PMs Raided to Prevent Feb Delivery Run on COMEX Gold!

http://www.SilverDoctors.com http://www.SDBullion.com

With Silver enduring the largest 1-day smash in 18 months Thursday, PM Fund Manager Dave Kranzler joined the show this week discussing:

1. Gold & silver take-down on options expiration/ First Notice Day- Cartel had to force selling of 3 million oz of Feb gold contracts to prevent a potential run on delivery in Feb gold! 2. With the cartel desperate to prevent a delivery run on […]

New Housing Bubble: Prices Up, Ownership Down, Wall Street a Mega-Landlord: “America is Becoming a Nation of Renters”

Mac Slavo January 31st, 2015 SHTFplan.com

 

Want to own your own home, but stuck, temporarily, renting until you can? You aren’t alone.

Wolf Richter outlined a pretty eery scenario.

The 2008 financial Armageddon was in larger part a result of the housing bubble bursting. Thanks to the subprime mortgage scandal, millions of homeowners were put in homes they couldn’t afford, making the awful game of musical chairs an […]

Is Another “Mortgage Meltdown” on the Way?

Very few observers expect a repeat of the subprime mortgage crisis. But the former chief credit officer of Fannie Mae is sounding the alarm. We have a forecast of our own.

Woman Grabs Mic from Muslim Event “Islam will Never Dominate here in US nor in TX”

http://freedomoutpost.com/2015/01/chr…

Crazy Ass JEN PSAKI SAYS WE DON’T MAKE CONCESSIONS WITH TERRORISTS

Crazy Ass JEN PSAKI SAYS WE DON’T MAKE CONCESSIONS WITH TERRORISTS, WHAT ABOUT Bowe Bergdahl, State Department

https://grabien.com/file.php?id=34706…

There are two economies in the U.S.: One for the very wealthy, and one for everyone else.

There are two economies in the U.S.: One for the very wealthy, and one for everyone else. http://t.co/UswdiwYU9Q pic.twitter.com/HqHWK1g7ni

— Wall Street Journal (@WSJ) February 1, 2015

Say what? USA softens sanctions on Crimea

Say what? USA softens sanctions on Crimea http://t.co/77Hqka2x0N pic.twitter.com/DVLCaQTsTT

— Russian Market (@russian_market) January 31, 2015

Background reading ahead of the U.S. budget, which comes out Monday:

Background reading ahead of the U.S. budget, which comes out Monday: http://t.co/74FUKL3DVA pic.twitter.com/m9brHPZcf7

— Real Time Economics (@WSJecon) February 1, 2015

The rate of children living with married parents getting food stamps has doubled since 2007

The rate of children living with married parents getting food stamps has doubled since 2007 http://t.co/G8BVX9WAsV pic.twitter.com/f8Woy7KYyd

— Real Time Economics (@WSJecon) February 1, 2015

5.3 earthquake, 190km NNW of Sola, Vanuatu. Feb 1 22:41 at epicenter (21m ago, depth 176km).

Event Time 2015-02-01 11:41:46 (UTC) 2015-02-01 06:41:46 (UTC-05:00) in your timezone Times in other timezones Nearby Cities 190km (118mi) NNW of Sola, Vanuatu 354km (220mi) N of Luganville, Vanuatu 619km (385mi) NNW of Port-Vila, Vanuatu 809km (503mi) ESE of Honiara, Solomon Islands 949km (590mi) N of We, New Caledonia

http://earthquake.usgs.gov/earthquakes/eventpage/usc000tkqd#general_summary

February 28 is now Doomsday for Greece; less than 30 days. The clock is ticking.

European Central Bank (ECB) THREATENS Greece: Agree on repayment within 30 days or get all money cut off; collapsing your country

The European Central Bank (ECB) has issued an Ultimatum to the country of Greece! The ECB has told Greece they must come to an agreement to repay the ECB, the International Monetary Fund (IMF) and other nations in the European Union (EU) within 30 days, or all Greek banks […]

TPP Coming Fast: Corporations are going to try to squeeze the Trans-Pacific Partnership “trade deal” through Congress in 30 to 60 days from now.

The Solar Village is the first community in the world to produce 4x more energy than it uses

After architect, Rolf Disch, built the Heliotrope (the first building in the world to capture more energy than it uses) he set his sights higher.

He successfully created a retail, commercial and residential space called Sonnenschiff, translating to “Solar Ship,” that was energy net-positive in 2004. The building was a hit, and over the following years 60 more residential buildings have been constructed surrounding the solar ship, all with energy […]