Economics

Kentucky Republicans Cave On Pension Reform; Stick It To Taxpayers With “Kick The Can” Approach Instead

Friday, October 20, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Oct 19, 2017 After months of planning and cogitating over how to address the failing public pension systems in their state, which are somewhere between $40 and $80 billion under water, Governor Matt Bevin and the leaders of the General Assembly’s Republican majorities released their plan earlier today and it... »

Bank Run Imminent: Catalan Separatists Urge Supporters To Pull Cash From ATMs On Friday Morning

Friday, October 20, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Oct 19, 2017 As tensions escalate in Spain, Catalan Separatists are potentially about to do some real damage and hit Madrid where it really hurts. In a tweeted message to their 270,000 followers, Assemblea Nacional urged supporters to pull cash from CaixaBank and Banco Sabadell branches between 8 am and... »

Fund Manager Picks Apart The Goldman Sachs ‘Gold Is Better Than Bitcoin’ Article…”All the pro/con-Bitcoin noise aside, without question the Bitcoin chart reflects “bubble-mania.”

Thursday, October 19, 2017
By Paul Martin

SilverDoctors.com October 19, 2017 Dave Kranzler asks if everybody is “all-in” on the cryptos, who will be there to buy when the selling starts? Dave shows how gold is better than Bitcoin… by Dave Kranzler of Investment Research Dynamics Goldman Sachs Says Gold Is Better Than Bitcoin “Precious metals remain a relevant asset class... »

The World’s Largest ICO Is Imploding After Just 3 Months

Thursday, October 19, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Oct 19, 2017 Earlier this summer, Tezos smashed existing sales records in the white-hot IPO market after the company’s pitch to build a better blockchain for cryptocurrencies made it one of the buzziest ICOs in the world. As we noted at the time, the company capitalized on that buzz by... »

ROGER GOODELL Paid $212 Million Since 2006 – More than Any NFL Player – And He’s Destroying the League

Thursday, October 19, 2017
By Paul Martin

by Jim Hoft TheGatewayPundit.com October 19, 2017 NFL Commissioner Roger Goodell has made over $212 million in salary since 2006. Goodell is the highest paid person in the NFL. And he’s destroying the league. Goodell makes more than Tom Brady, Eli Manning or any other player in the league. CNN reported: “NFL commissioner Roger... »

5 Days Before The Financial Collapse (Having seen that you are now in the last 5 days before the collapse, what actions should you take?)

Thursday, October 19, 2017
By Paul Martin

by AMY S. PrepperFortress.com OCTOBER 19, 2017 Here is the scenario. “Government agencies are having difficulty making their payments. State governments are issuing vouchers to pay their bills. US Social Security is late in issuing its payments to retirees and the disabled. Many banks are issuing warnings about liquidity. The prices of food are... »

Looming Catastrophe Hanging Over Our Heads – Paul Craig Roberts…” this looming catastrophe is produced by central banks. They are perpetuating it because they don’t know how to get out of it.”

Thursday, October 19, 2017
By Paul Martin

By Greg Hunter USAWatchdog.com October 18, 2017 Former Assistant Treasury Secretary in the Reagan Administration, Dr. Paul Craig Roberts, says the record highs you see in the stock markets are based on “phony profits” that come from global central banks “propping up” the financial system. Roberts says, “Any of these central banks are really... »

Robert Shiller: A Stock Market Panic Like 1987 Could Happen Again

Thursday, October 19, 2017
By Paul Martin

By Robert Shiller, first published in the NYT ZeroHedge.com Oct 19, 2017 Oct. 19, 1987, was one of the worst days in stock market history. Thirty years later, it would be comforting to believe it couldn’t happen again. Yet that’s true only in the narrowest sense: Regulatory and technological change has made an exact... »

BofA Lists 10 Triggers For The Next Crash: “It’s Coming Between Thanksgiving And Valentine’s Day”

Thursday, October 19, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Oct 19, 2017 Back in mid-July, BofA’s chief investment strategist Michael Hartnett predicted that the “most dangerous moment for market will come in 3 or 4 months.” Well, we are now “between 3 and 4” months since that particular forecast was made, and the “most dangerous moment” we have experienced... »

Global Markets Shaken By Sudden Equity Sell-Off: Hong Kong Crashes, VIX Surges

Thursday, October 19, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Oct 19, 2017 Has the market’s “melt-up” levitation finally ended? Of course, it could be much worse: as Bloomberg’s Paul Jarvis recalls, thirty years ago on this day traders around the globe were staring at their screens in disbelief as stock markets turned to a sea of red: the Dow,... »

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