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Why There Is Trump

It’s over! The entire model our societies have been based on for at least as long as we ourselves have lived, is over! That’s why there’s Trump.

Global Trade To Grow At Slowest Pace Since Financial Crisis

According to the latest WTO forecast, global trade is set to grow at the slowest pace since the financial crisis: the WTO now expects world trade will again grow more slowly than expected in 2016, expanding by just 1.7%, well below the April forecast of 2.8%. This means that 2016 will be the first time in 15 years that the ratio between trade growth and world GDP has fallen below 1:1. 

Dangerous Bubbles In Plain Sight

Relative to disposable income, the value of household financial assets now far exceeds the last two bubble peaks. And that has happened in an economic environment which suggests just the opposite. To wit, valuation multiples and cap rates should be falling owing the fact that the productivity and growth capacity of the US economy has been heading south ever since the turn of the century. So here’s the danger...

"Foot-In-Mouth" Trump Vs. "Frog-In-Throat" Clinton: First Presidential Debate Begins - Live Feed

The day has finally arrived. The two most disliked presidential candidates in the history of America face off mano a (wo)mano in a 90-minute, pee-break-barred grudge match of the politically-correct corrupt establishmentarian against the deplorable status-quo-wrecker. With the polls tied up, there's everything to play for as a record audience tunes in to see who will screw up first...

The 2016 Presidential Election Comes Down To Only One Thing...

As we inch closer and closer to November 8th, one thing has become increasingly clear: This election will be viewed by voters as a referendum on the status quo itself. While it’ll definitely be a referendum on Obama specifically, it’s much bigger than that. It’ll be about whether the American people want to continue along the path we’ve been on for decades, or if they’re willing to try something entirely different.

Why The Deep State Is Dumping Hillary

The governed are ready for a period of retrenchment, consolidation and diplomatic solutions to unwinnable conflicts, as imperfect as the peace might be to hawks. For these reasons, the more adept elements of the Deep State have no choice but to dump Hillary. Empires fall not just from defeat in war with external enemies, but from the abandonment of expansionist Imperial burdens by the domestic populace. Put another way: drones and proxies don't pay taxes.

Dr. Lisa Bardack’s Faustian Bargain

When Dr. Lisa Bardack was asked to become Hillary Clinton’s personal physician in 2001, it had to have been a crowning moment in the career of the Mt. Kisco internist. Dr. Bardack could have anticipated little downside... Unfortunately, Hillary Clinton corrupts everyone who serves her.

Chinese Contagion Risks Surge: Banks' Reliance On Each Other For Funding Hits All Time High

China’s smaller banks have never been more reliant on each other for funding, prompting rating companies to warn of contagion risks in any crisis.  "Contagion risks are definitely rising," according to S&P: "The pace of the development is concerning. If this isn’t stopped in time, the central bank will lose some control and flexibility of its monetary policy."

Knave Dave's picture

Trump's corporate tax cut is the largest in US history, but it's another giveaway to the top 10%, including himself. It comes with no constraints so it will be spent on more stock buybacks and bigger bonuses. If you want a place at the table, you're going to have to fight for it; otherwise, you can stay below with the rest of the dying middle class and lick up the crumbs.

Chicago's Plight: Why Do Blacks Perpetually Vote For Politicians Who Make Their Lives Worse?

Chicago suffered through its worst summer of violence in decades. In August, over 400 people were shot and 80 killed. Activists and public unions blame income inequality. Income inequality is rising, but very few understand who is to blame. And the tax hikes and pay hikes that unions seek exacerbate the problems and cause white flight. Many claim education is the answer, but the Chicago public school system is not only financially bankrupt, it is morally bankrupt.