For Every Education Level, Real Wages Have Gone Down So Far This Year
If Consumers Are So Confident, Then Why Aren’t They Spending?
Labor force participation—the percentage of the working-age population that has a job or is looking for one—hovers at a 36-year low.
The Fed will continue to be the biggest holder of U.S. debt purchased solely from money printing.
EU prepared to threaten Russia with new sanctions over Ukraine.
Steve Meyers, The Money Morning , Released on 8/27/14
“When I use the phrase 25 year depression, it sounds extreme but it’s not. We had a 30 year depression in the United States from about 1870 to 1900…The Great Depression lasted from about 1929 to 1940. The U.S. is in a depression today.”
“The Fed doesn’t know what they’re doing – don’t ever think that they know what [...]
10,000 hand grenades, 16,000 rifles, 240 rocket-propelled grenades: Germany sends military equipment for 4000 Kurdish fighters in northern Iraq. This was decided by the Federal Government on Sunday evening.
Berlin – The fight against the jihadists of the ” Islamic State “(IS) will theKurds in northern Iraq, among other anti-tank missiles “Milan” and bazookas from Germany. The’ve Federal Foreign Minister Frank-Walter Steinmeier and Defense Minister Ursula von der Leyen said. It previously with a ministerial meeting headed by Chancellor had Merkel in Berlin agreed.
Germany sends [...]
Ukraine, Putin’s blackmail on the European summit: ‘If I want to take Kiev in two weeks “
He says that when he asked about the military boundless in Ukraine, the Russian leader went to the threats: “The problem is this – it’s the answer told by Tsar Barroso – but what if I want to take Kiev in two weeks.” As if to say, do not provoke me [...]
by Dave Hodges
According to the Department of Homeland Security (DHS), ISIS, nor any other foreign terrorist group poses no specific threat to the United States in the immediate future. The FBI, in a report released on August 13, 2014, echoed the same sentiment despite the fact that last year’s Boston Marathon bombing and the 2009 Fort Hood shooting were both carried out by radical Muslim extremists.
The British Are Telling a Different Story
Sept. 1 (Bloomberg) — Otilia Dhand, analyst and vice president at Teneo Intelligence, discusses the outlook for further sanctions against Russia and the prospect of NATO involvement in the Ukraine conflict. She speaks with Guy Johnson on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
Palladium Breaks Multi-Year High Over $900; Russian SWIFT Payment Ban Proposed By UK
The palladium price made a new 13 year high today and reached $909/oz, its highest since February 2001. Markets fear that the global supply of palladium could be impacted by the threat of further sanctions against Russia.
Palladium in U.S. Dollars – 20 Years (Thomson Reuters)
The Russian mining industry has not been the target of sanctions so far, [...]
John Williams of Shadowstats.com is forecasting a possible dollar sell-off by the end of 2014. Williams predicts this will trigger the beginning of hyperinflation. Are we on track for this prediction? Williams contends, “Everything the Fed has been doing to pump this extraordinary amount of liquidity into the system, since the panic of 2008, has been aimed at propping up the banks. . . . The banks are still in [...]
By using plain and simple math, along with data charts, scientists at the New England Complex Systems Institute have come to a clear-cut conclusion that when food prices rise, as much as they are in the US, then people start rioting.
Did you know right now in the US, 49 million Americans are already dealing with food insecurity. One in seven Americans rely on food banks.
One quarter of the American military [...]
A new study says that California’s drought is so severe it’s causing the ground to rise. Angela Fritz of The Washington Post reported scientists estimate 63 trillion gallons of water have been lost in the past 18 months.
What happens when 63 trillion gallons of water disappear? “As it turns out, 63 trillion gallons of water is pretty heavy,” Fritz wrote. ” … That incredible water deficit weighs nearly 240 billion [...]
Hospitals throughout Southern California are preparing for potential Ebola cases, even as they seek to reassure patients and health care workers that the risk is very low.Earlier this month, the Centers for Disease Control and Prevention issued infection control recommendations for hospitals to implement in case the Ebola virus were to reach American soil. Two American missionaries who became infected in West Africa were successfully treated and released in Atlanta [...]
Jeff Nielson of www.BullionbullsCanada.com joins me to discuss the state of the US and Global Economy
August 2014 – AFRICA – The Sudanese authorities have prohibited local media from covering any news related to the Ebola virus. Press sources who asked not to be mentioned for security reasons confirmed to APA on Saturday that the security authorities have circulated warning to all media outlets not to publish any news or articles related to the transmission of the Ebola virus in Sudan. The prohibition came after local media reported on [...]
China Clears Local Bond Sales to Cut Debt
Sept. 1 (Bloomberg) –- Bloomberg’s John Dawson reports on China allowing local governments to raise money through bond sales designed to cut high-risk debt levels. He speaks to Rishaad Salamat on “On The Move.” (Source: Bloomberg)
China Developers’ Debt Risk Builds Up
China’s PMI Data Pointing to Slowdown
China’s Imbalances Seen More Vital Than Data
Jim Willie joined TFMetalsReport this weekend for a special holiday podcast. In this excellent report from the Hat Trick Letter editor, Willie discusses:
This week’s announcement by Gazprom that they will begin accepting payment in rubles and yuan
The escalation of US and EU sanctions against Russia and how they are failing/backfiring
Willie explains the US’ motives for provoking Russia via Ukraine: To entice Russia to prematurely move to place the [...]
Henry Kissinger on the Assembly of a New World Order
A world order of states affirming individual dignity and participatory governance, and cooperating internationally in accordance with agreed-upon rules,
“Part of people’s concern is just the sense that around the world the old order isn’t holding and we’re not quite yet to where we need to be in terms of a new order that’s based on a different set of principles, that’s [...]
False Flag Alert of September 11, 2014:
As the US Government and it’s criminal Representatives in Congress and the mockingbird media set up ISIS as the new “all-powerful” Boogeyman to be feared, Lt. General McInerney says, “We May Not Have Seen the Last of Flight 370″ and that we should go to DEFCON 1. Astoundingly, he claims we might see MH370 re-emerge on 9/11/2014! Meanwhile, Mike Honda, [...]
BY JOHN WARD
The revelations in Rotherham allow me to plough a familiar furrow, albeit in a different context. But the lesson remains as clear as ever: beware of those who believe.
To those who’ve been on the ground in places like Stafford, Plymouth, Wrexham, Chester and Manchester, the Rotherham scandal reveals nothing new at all. It is of course a change to see the MSM admitting that yet [...]
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter
Home flippers are hardy folks who dive head-first into housing markets to buy homes at a discount from estimated market value, rehab them if they have to, trim the trees and cut the weeds out front, and flip the unit in less than a year, hopefully at a premium over estimated market value. If all works out, they’re rewarded with fat returns on investment.
The US Government is pushing the economic recovery very hard at this point. Chicago PMI bounced back, GDP, consumer confidence, stock market all up. The only problem is that the people are not spending, housing is down, people can’t find jobs. So the manipulated stats are losing credibility. FBI issued a report that the number one threat is domestic terrorists. Japan increases defense budget to purchase more military assets. UN [...]
The group emerged in the ashes of the U.S.-led invasion to oust Saddam Hussein as al-Qaeda in Iraq (AQI)
The self-proclaimed caliphate stretches from the newly conquered towns along the Syrian-Turkish border, through its de-facto capital of Raqqa, in northern Syria, across the obliterated Iraqi border into Mosul, Tikrit, and Falluja, down to the farming towns south of Baghdad—roughly a third of the territory of both [Iraq and Syria].
Netanyahu Warns U.S. [...]
The Food and Drug Administration has posted a Web page with quick facts about the Ebola virus and the outbreak in West Africa in order to fight misconceptions about the disease permeating the general public.“Currently, there are no FDA-approved vaccines or drugs to prevent or treat Ebola,” the FDA says on its page. “Ebola does not pose a significant risk to the U.S. public.”Read more:
Funeral Ignites Ebola Spread as New [...]
By PAUL B. FARRELL
“Men are losing their grip,” wrote Jennifer Homans in her New York Times review of “The End of Men and Rise of Women,” Hanna Rosin’s bestseller. “Patriarchy is crumbling. We are reaching ‘the end of 200,000 years of human history and the beginning of a new era’ in which women, and womanly skills and traits, are on the rise.” Warning guys, this is the last gasp of [...]
UKRAINE: Russia invading…
KIEV, Ukraine — Fighting between the Ukrainian military and what Ukrainian and Western officials say are Russian troops worsened early Thursday, prompting fears in Ukraine that a Russian invasion of their territory has begun.
Ukrainian officials say Ukrainian troops are continuing to battle combined Russian and separatist forces on a new southern front around the border town of Novoazovsk, east of Crimea on the Sea of Azov. A military spokesman [...]
By Michael Snyder
Has there ever been an administration that has had more disdain for the U.S. military than the Obama administration? The way that this administration treats our veterans and the way that this administration is gutting our armed forces is absolutely shameful. As you will read about below, Obama and his minions have been purging the military of officers that do not agree with their agenda, they [...]
UK shocked as manufacturing growth has ended. Germany’s GDP has fallen by 0.2%. Europe is suffering from a decline in factory orders. Ecuador looking to replace the dollar with a digital currency. Facebook posts could get you on the US Government terrorists watch list. Ebola breakouts seems to coincide with new oil discoveries in West Africa. Dutch government will not release the voice recording. The Islamic State might have the [...]
Japan Rolls Out Campaign to Stockpile Toilet Paper