Economics

BREAKING: Madoff Whistleblower Harry Markopolos Says U.S. Government Is A Giant Ponzi Scheme, A Full-Blown Panic Is Coming And Journalism Is Dead

Friday, June 23, 2017
By Paul Martin

KingWorldNews.com June 23, 2017 After Harry Markopolos became an international hero for taking down Bernie Madoff’s $65 billion Ponzi scheme in 2009, Markopolos gave King World News an exclusive interview. Markopolos then gave King World News an exclusive in 2011 when he exposed the stunning corruption and theft that was taking place at Bank... »

US PMIs Tumble To 9-Month Lows, Catching Down To Collapse In ‘Hard’ Data

Friday, June 23, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Jun 23, 2017 Following disappointment from China last week, and Europe this morning, US PMIs (both manufacturing and services) dropped and disappointed as it appears the lagged impact of China’s slumping credit impulse are finally hitting the world’s economies. With ‘hard’ data collapsing to 13 month lows, it is not... »

“The Hope Trade” Is Over: BofA Slashes Its 2017 GDP Forecast To Just 2.1%

Friday, June 23, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Jun 23, 2017 First they came for the Trump Trade… then they came for the hope. And, as a result, BofA has thrown in the towel on its economic rebound for this year. As BofA’s Michelle Meyer writes, “Hopes for a big fiscal stimulus have faded, prompting us to revise... »

X22Report: Fed Is Now Preparing for the Next Economic Crisis, Here’s How

Friday, June 23, 2017
By Paul Martin

Sears Canada decided to announce that it will be declaring bankruptcy, approximately 3000 people will lose their jobs. Warren Buffett steps in and purchases Home Capital Group, big surprise since they were on the verge of collapsing. Junk bonds are signalling the great debt binge is now coming to an end. The Fed announced... »

Middle East Dog Fight, Economic Update Not Good, 6 Million Vote Illegally

Friday, June 23, 2017
By Paul Martin

By Greg Hunter USAWatchdog.com June 23, 2017 The Middle East had near dogfight aerial combat in the skies over Syria. The U.S. shot down a Syrian fighter jet and an Iranian drone. Russia immediately halted cooperation with the U.S. in Syria, and warned it would “intercept” any aircraft in areas it controlled. Russia also... »

All Roads Lead to the Bubble-City Danger Zone

Friday, June 23, 2017
By Paul Martin

By Gary Christenson GoldSeek.com Friday, 23 June 2017 Bubbles always pop, whether they exist in stocks, gold, confidence in the media, belief in central bank omnipotence, real estate, or debt. Yes, it could happen anywhere, and based on history, is likely. This time is not different, unless it will be worse… From Jared Dillian:... »

Canary In The Coal Mine: Unfunded Liabilities Have Turned Illinois Into A “Banana Republic” On The Brink Of Bankruptcy

Friday, June 23, 2017
By Paul Martin

Daniel Lang June 22nd, 2017 SHTFplan.com Illinois is the perfect example of what happens when your state is run by fiscally irresponsible dunces for decades. The state is buried debt, and hasn’t passed a budget in over 700 days. 100% of their monthly revenue is being consumed by court ordered payments, and the Illinois... »

Matt Taibbi on JPMorgan Chase’s Worst Nightmare: The $9 Billion Witness

Friday, June 23, 2017
By Paul Martin

SilverDoctors.com June 22, 2017 “In reality, there is nothing surprising in Matt Taibbi’s latest piece since returning to Rolling Stone from the Intercept, as it tells a story everyone is by now is all too familiar with: a former bank employee (in this case Alayne Fleischmann) who was a worker in a bank’s (in... »

BofA: “Central Banks Are Now In A Desperate Dilemma”…”Start Buying Volatility”

Friday, June 23, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Jun 23, 2017 One week after the second biggest weekly inflow to Wall Street on record, the “risk on” rotation ended abruptly in the ensuing five days, when as Bank of America writes overnight, it observed “Inflows to structural “deflation”, outflows from cyclical “inflation”; with oil the “poster child” for... »

Are the World’s Billionaire Investors Actually Buying Gold?

Friday, June 23, 2017
By Paul Martin

By: Ronan Manly GoldSeek.com Friday, 23 June 2017 Infographic website Visual Capitalist recently published an eye-catching infographic on behalf of Sprott Physical Bullion Trusts which featured 4 well-known billionaire investors and their supposed investments in gold. The infographic is titled “Why the World’s Billionaire Investors Buy Precious Metals” and can be seen here. The... »

Support Revolution Radio

For a limited time only, your donation get you a special perk. Every $30.00 donation gets you a fancy "say no to Government Hat". Every $20.00 donation gets you the same, but on a wonderful coffee mug. Just click the button below and give till it hurts...