Archive

June 29th, 2016

Imports Collapse At East Coast Ports

"The peak season has disappeared. Carriers have already taken out capacity, and if there was a strong peak season coming, they wouldn't do that. It's partly overall trade declining, but it's also that importers simply bought too much."

Rotten To The Core

Brexit and financial markets’ subsequent reactions expose the corruption at the heart of the world’s socio-political systems...

June 29th

"The British Woke Up!" Paul Craig Roberts Asks "Can The Americans?"

If no one knows or respects truth, the world is lost. But it only takes a few to change the world. The cultural anthopologist Margaret Mead said: “Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has.” Change can be for better or worse...Americans need to decide that they, like the British, do not appreciate being led backward to worse times.

Brexit Aftermath - Here's What Will Happen Next

The great weakness among economic analysts and many independent analysts is their refusal to examine the long game of the elites. The Brexit is part of a globalist long game that is designed to finally and completely demonize sovereignty movements. Think about it for a moment — what better way to remove the only obstacle in their path? The globalists create an economic crisis and then foster conditions by which their primary opponents (liberty activists) get BLAMED for it.  They then swoop in as the heroes of their little cinema after the damage is already done and offer their solution: complete globalization.  With enough people destitute from a global financial calamity, they may very well be begging the elites for help.

Teachers Unions Vs Hedge Funds: The Battle Over Billions

Randi Weingarten is the president of the American Federation of Teachers, and is a name Wall Street is beginning to know quite well. Since the beginnging of her reign in 2013, having sifted through the personal charitable donations of hedge fund managers, focusing on those who want to end defined benefit pensions, and entities backing charter schools and the overhauling of public schools, she implemented a 'suggestion' to Teachers' pension fund adminstrators that if asset managers don't support unions, the unions won't invest with the funds. Some hedge fund managers - with exceptional return records - did not take kindly to her 'influence'.

Revenge Of The Rubes - Why The Days Of The Financial Elite's Rule Are Numbered

The truth is, it is the “European Project” which represents the darker impulses -  it is a tyranny based on a muddled brew of globalism, statism, financialization and the cult of central banking. It’s days are numbered because even the rubes can see that it doesn’t work, and that its massive internal contradictions are heading for a spectacular implosion. The British voters have decided to get out of harms’ way. Hopefully, there will soon be many other cases of the rubes in revolt.

"You Want To Own Gold" Marc Faber Warns "Brexit Is The Excuse For QE4"

“If Brexit is used as an excuse, the central banks will print more money, QE4 in the U.S. is on the way and the depreciation in the purchasing power of currencies will continue,” warned a vociferous Marc Faber said in a Bloomberg TV interview today from Hong Kong. "In that situation, you want to own some gold..."

Paul Singer: "Donald Trump Will Cause A Widespread Global Depression"

It was not unti today, one day after Trump revealed the full extent of his trade program, that Singer lashed out and revealed the full extent of his loathing for Trump. During a discussion at the Aspen Ideas Festival in Colorado, Singer told CNBC that "the most impactful of the economic policies that I recall him coming out for are these anti-trade policies," Singer said "And I think if he actually stuck to those policies and gets elected president, it's close to a guarantee of a global depression, widespread global depression."