QUESTION: I have followed you for many years and read you daily. To the point, I was looking at the riots in LA 1n 1965 and then the riots in 1992, that being 27 years so I divided that by 8.6 and got 3.14, so I backtested 27 years and found more race-related riots etc. Does this mean we will see riots in 2019?
Economy
Major Currencies All Over The World Are In “Complete Meltdown” As The $63 Trillion EM Debt Bubble Implodes
(Michael Synder) The wait for the next global financial crisis is over. Major currencies all over the planet are in a “death spiral”, many global stock markets are crashing, and economic activity is beginning to decline at a stunning rate in quite a few nations. Over the past 16 years, the emerging market debt bubble has grown from 9 trillion dollars to 63 trillion dollars. Yes, you read that correctly.
Bankrupt America: Bankruptcy Soars As The Country Grapples With An Unprecedented Debt Problem
(Michael Snyder) America, you officially have a debt problem, and I am not just talking about the national debt. Consumer bankruptcies are surging, corporate debt has doubled since the last financial crisis, state and local government debt loads have never been higher, and the federal government has been adding more than a trillion dollars a year to the federal debt ever since Barack Obama entered the White House.
It Begins: Russia Officially Announces ‘Time Has Come…To Get Rid of the Dollar’
(Matt Agorist) In a retaliatory move to the growing list of sanctions placed on Russia by the U.S., the country has announced it will “get rid of the dollar.”
The Number Of Americans Living In Their Vehicles “Explodes” As The Middle Class Continues To Disappear
(Michael Snyder) If the U.S. economy is really doing so well, then why is homelessness rising so rapidly? As the gap between the rich and the poor continues to increase, the middle class is steadily eroding. In fact, I recently gave my readers 15 signs that the middle class in America is being systematically destroyed.
Trump’s Tweets End the Myth of Fed Independence
(Ron Paul) President Trump’s recent Tweets expressing displeasure with the Federal Reserve’s (minor) interest rate increases led to accusations that President Trump is undermining the Federal Reserve’s independence. But, the critics ignore the fact that Federal Reserve “independence” is one of the great myths of American politics.
Lord Jacob Rothschild Issues Warning: The New World Order is in Jeopardy
(Zero Hedge) Over the past three years, an unexpected voice of caution has emerged from one of the most legendary families in finance: Lord Jacob Rothschild.
Beware – The Last 7 Times The Yield Curve Inverted The U.S. Economy Was Hit By A Recession
(Michael Snyder) Seven times since the 1960s we have seen the yield curve invert, and in each of those seven instances an economic recession in the United States has followed. Will this time be any different? Today, the yield curve is the flattest that it has been in 11 years, and many analysts believe that we will see an inversion before the end of 2018.
The Bankruptcy of America – 1933
(Judge Dale) Hint: A Lot More Happened than Just the Confiscation of the People’s Gold!
The EU Just Surrendered To Trump, Handing Americans A Huge Win – MSM Left With Jaws In Hand
(David Cohen) Moments ago President Donald Trump strode into the Rose Garden with Jean-Claude Juncker President of the European Commission where, together, they announced the elimination of tariffs on industrialized goods.
Why CONFIDENCE is the Backbone of the New Monetary System
QUESTION: Mr. Armstrong; I found your recent article on inflation and contagions fascinating. Am I correct in summing it up that today because currencies are not commodity based, they rise and fall on anticipation of political events whereas under precious metals contagions took place by one country debasing compared to another?
Russia Dumps Massive Amount of U.S. Treasury Holdings—Becomes World’s Largest Holder of Gold
(Jay Syrmopoulos) Russia’s holdings of United States Treasury bonds is currently at its lowest point in 11 years as the country opts to invest in gold instead.
Trump Poised to Take Control of the Federal Reserve
(Richard X. Bove) President Donald Trump has multiple reasons as to why he should take control of the Federal Reserve. He will do so both because he can and because his broader policies argue that he should do so. The president is anti-overregulating American industry. The Fed is a leader in pushing stringent regulation on the nation. By raising interest rates and stopping the growth in the money supply it stands in the way of further growth in the American economy.
Rewriting History with Coins — Historians Refuse to Change Their Story… what else are they hidding?
(Martin Armstrong) QUESTION: Dear Martin,
I have been researching facts about history and there is strong evidence that what we were taught in school doesn’t fit with the reality.
Critical Mass: 17 States Now Disobeying Feds, Will Grow Hemp Despite It Being Illegal
(Rachel Blevins) While the federal government has spent years claiming hemp is a dangerous drug, farmers in 17 states are using it to create a variety of useful products.