Reality

3 Things: Recession Risks, Coming Corrections, & GDP Guesses

“But we clearly aren’t in a recession.” True, but that is only because we have not yet gotten the annual revisions to the economic data. Given the weakness in profits and revenues, a reflection of real economic activity, those revisions will likely be negative.

5 Ways George Orwell's 1984 Has Come True Since It Was Published 67 Years Ago

It’s debatable whether George Orwell surmised the ominous threat of totalitarianism that inspired him to pen the dystopic vision, 1984, would extend worldwide and resurface nearly seven decades after its publication. But the novel’s apt description of a world on end has undoubtedly come to pass. Innumerable examples evidence how 1984 would better be described as a dark portent than a fascinating read, but one thing - the political language dubbed Newspeak, employed by the ruling government, Ingsoc - seems to have served as an instruction manual for the American empire.

Deutsche Bank's Shocking ECB Rant: Warns Of Social Unrest And Another Great Depression

"In the 1920s the Reichsbank thought it could have 2,000 printing presses running day and night to finance government spending without creating inflation. Around the same time the Federal Reserve allowed more than a third of US deposits to be destroyed via bank failures, in the belief that banking crises where self-correcting. The Great Depression followed.... Today the behaviour of the European Central Bank suggests that it too has gone awry."

No Fly No Buy: Obama's Last Ditch Effort To Cripple The Second Amendment

There’s one thing that all gun grabbing politicians have in common. They are all quite adamant that they don’t want to take your guns. At a recent Town Hall meeting, Obama was put on the spot by gun store owner, who asked him why he wants to restrict gun use for law-abiding citizens. “First of all, the notion that I or Hillary or Democrats or whoever you want to choose are hell-bent on taking away folks’ guns is just not true,” he claims “And I don’t care how many times the NRA says it.” Obama then goes on to make the case for restricting gun ownership for people who find themselves on the no fly list, and cites an example of someone who has been visiting ISIS websites but is still allowed to buy firearms.

The Federal Reserve's Strange Behavior Makes Perfect Sense

If you think the Federal Reserve’s goal is to maintain or repair the U.S. economy, then you will never understand why they do the things they do or why the economy evolves the way that it does. The Fed’s job is not to protect the U.S. economy. The Fed’s job is to DESTROY the U.S. economy to make way for a truly global system.

The Alternative Viewpoint: The 5 Scenarios Of Donald Trump

The rise of Trump has captivated all (contrast with the rise of Hillary which seemed a forgone conclusion from the word go, even when reality threatened to intervene). We're not alone however, in suspecting that The Donald, is not really the “anti-establishment” loose-canon candidate he is being made out to be. Trump could very well be playing a well defined role within the usual backdrop of manipulation of the masses and ensuring that any choice Americans face in November is purely illusory and ceremonial.

Trump Gives Up On $1 Billion Fund Goal After Mark Cuban Says He Will "Grovel For Money"

Donald Trump distanced himself from his own fundraising estimate of $1 billion, refusing to commit to collecting even half that amount, and saying his campaign didn't need much money to win the White House. Instead Trump said he would rely instead more on his own star power as a former reality-TV personality to earn free media, and has no specific goals for how much money his campaign needs. All this happened just as Marc Cuban to to twitter to taunt Trump that he would "grovel for that cash and will."

"The Whole Shebang Is Broke" - The Only Thing That's Growing Is Debt

Despite what the media try to tell you, as do the close to 100% manipulated economic data emanating from various -tightly controlled- sources, the economy is not growing, and it hasn’t for years; the only thing that grows is debt. And you can’t borrow growth. The single best thing to do for all of us not in positions of politico/economic power is to recognize the irreversible collapse of the system. Simply put, the whole shebang is broke.

Why 'Robbing Peter' To 'Pay Paul Something-For-Nothing' Doesn't Work

Yes, the voters are a nuisance. Still, it pays to let the masses think they are in charge; you can get more out of them that way and the welfare state only really worked as long as people got something for nothing. Nothing-for-something will not be attractive to the voters.

How Central Banks Created "Trumpism"

Trump is only a symptom of a far larger problem. The economic conditions that have paved the way for “Trumpism” are really a result of decades of monetary disorder brought to us by central banks. In the 18th century, British economist John Stuart Mill wrote “most of the time the machinery of money is unimportant but when it gets out of control it becomes the monkey wrench in all the other machinery of the economy.” There should have been a second sentence about how the dysfunction of the invisible hands attributable to the monetary disorder endangers political liberalism.

Dennis Gartman Mocks Bill Ackman's "Demise"; Tries To Understand Bitcoin, Fails

"This is an enormous tragedy of huge proportions being played out here before our eyes. Mr. Ackman’s investors did not deserve this fate, but they are being forced to live it nonetheless. How truly sad. He averaged down… again… and again…and again… and again. His eventual demise is a lesson to us all. Would that we learn from it: This is Greek tragedy of the saddest kind. No one deserves this fate"

The New "Hope"

What you think about the market doesn’t matter. What everyone thinks about the market (the consensus) doesn’t matter. What matters is what everyone thinks that everyone thinks about the market, and the way you get ahead of this game is to track the “Missionary statements” of politicians, pundits, and bankers made through the four media microphones where the Common Knowledge of markets is created: The Wall Street Journal, The Financial Times, Bloomberg, and CNBC. Today the investment hope that has crystalized into an investment theme is the notion that soon, just around the corner now, perhaps as a result of the next mystery-shrouded meeting of the world’s central bankers, perhaps as a result of the U.S. election this November, we will enjoy a coordinated global infrastructure spending boom.