Economics

Peter Schiff: Time Is Running Out, “Crisis Worse Than 2008 Coming”

Friday, July 29, 2016
By Paul Martin

Mac Slavo July 28th, 2016 SHTFplan.com We are headed for disaster, and the only question is how long the economy can dodge a bullet. The illusory bubble on Wall Street claims to be at record highs, but the reality, the underbelly, is dark indeed. Economic expert Peter Schiff speaks on not only the safe... »

Italian Banks are CRASHING – Is Europe Collapsing into Chaos?

Friday, July 29, 2016
By Paul Martin

SilverDoctors.com July 29, 2016 The Money GPS breaks down the Italian Banking Crisis – Has the Next Financial Contagion Begun? Share on Facebook »

Trump, Clinton, “Ugliest” Election Coming – Gold’s “Summer Doldrums” Prior To Resumption of Bull Market

Friday, July 29, 2016
By Paul Martin

GoldSeek.com Friday, 29 July 2016 The Trump and Clinton election is set to be one of the “ugliest” and “messiest” U.S. elections ever, astute gold analyst Frank Holmes warned this week. He believes this is a reason to own gold and will be one of the factors that will see a resumption of gold’s... »

‘Sanctions are coming’ European Union bureaucrat threatens to FREEZE job offers for men

Friday, July 29, 2016
By Paul Martin

THE European Union will “freeze” job offers for men if gender targets are not reached, a top Eurocrat has warned. By CHARLIE BAYLISS Express.co.uk Fri, Jul 29, 2016 The Commission’s budget and human resources chief said the freeze would come if institutions did not hire more women. Kristalina Georgieva set the target of making... »

US Admits It “Found A Problem” In Calculation Of GDP

Friday, July 29, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jul 29, 2016 For years we have complained against both the BLS’ and the BEA’s comical seasonal adjustments, which “serve” just one purpose: to goalseek the data to a desired, politically-mandated outcome, and which culminated last May when the Department of Commerce announced it would seasonally adjust last year’s woeful... »

ExxonMobil Tumbles To 2-Month Lows After Earnings Miss Worst Analyst Expectation

Friday, July 29, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jul 29, 2016 But, but, but the dividend yield, the oil recovery? ExxonMobil is down almost 3% in the pre-market to 2-month lows as it misses earnings expectations drastically (+41c vs 64c exp.. below the lowest expectation of +55c). Production levels also missed expectations as it appears the oil glut... »

IMF Studies Sovereign Debt Restructurings, Admits Its Policy Was Responsible For Greek Depression

Friday, July 29, 2016
By Paul Martin

by Tyler Durden ZeroHedge.com Jul 29, 2016 In a paper published this month, the IMF seeks to study the relationship between GDP and sovereign debt restructuring using data from 1970-2010. Its main conclusion may be shocking: “the central finding of this paper is that sovereign debt restructurings with external private creditors can affect per... »

IT’S ALL COMING APART AT THE SEAMS — Jason Burack

Thursday, July 28, 2016
By Paul Martin

SGT Report.com July 28th, 2016 Thanks to Wikileaks, we now have smoking gun proof that the corrupt Democratic National Committee and the corrupt mockingbird mainstream media have been colluding to prop up Rothschild’s pick for U.S. President, ultra-corrupt Hillary “I really do belong in prison” Clinton. Never before have the crimes of the establishment... »

Bye Bye Middle Class: The Rate Of Homeownership In The United States Has Hit The Lowest Level Ever

Thursday, July 28, 2016
By Paul Martin

By Michael Snyder TheEconomicCollapseBlog.com July 28th, 2016 The percentage of Americans that own a home has fallen to the lowest level ever recorded. During the second quarter of 2016, the non-seasonally adjusted homeownership rate fell to just 62.9 percent, which was exactly where it was at when the U.S. Census began publishing this measurement... »

Gold’s Surge Has the Bad Guys on the Run

Thursday, July 28, 2016
By Paul Martin

By: Rick Ackerman, Rick’s Picks GoldSeek.com Thursday, 28 July 2016 Fueled by idle threats from the Fed, gold futures launched sharply higher from well above the 1306.00 pivot where we’d hoped to do some bottom-fishing. The rally exceeded no fewer than four peaks on the 120-minute chart, two of them ‘external’, so bulls will... »

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