JUNE 2018
MAY 2018
 
APRIL 2018
 
 
 
 
 
MARCH 2018
 
 
Retail sales unexpectedly fell again in February. It was the third straight monthly drop and the first time the US economy has seen three straight months of declining retail sales since 2012
 
 
February is traditionally not a good month for the US government income statement: that's when it usually runs a steep monthly deficit as tax returns drain the Treasury's coffers
 
 
After Friday's excited celebration of slowing wage growth spiked 30Y Treasury yields, it appears a weekend of reality-checks has prompted some to see economic growth prospects sliding
 
 
JANUARY 2018
 
The Strange Case Of The Falling Dollar - And What It Means For Gold 
 
Trillions of dollars in uncontrolled central bank stimulus and years of artificially low interest rates have poisoned every aspect of our financial system
 
Walmart, Kroger and Amazon are exploring ways consumers can shop without interacting with a cashier.
Walmart is expanding its "Scan & Go" technology to an additional 100 locations across the U.S. this year.
Kroger's "Scan, Bag, Go" platform will roll out to 400 stores in 2018.
 
Disruption is the most prominent meme in 2018, as evidenced by retail carnage at all levels. Should the Internet also suffer disruption in the future, the retail infrastructure will be found to be missing. In the meantime, jobs will be shed in record numbers.
 

Will Gold Shine When The QE Bubble Bursts?

 
 
 
Washington, D.C. - Never one to shy away from controversy, but often accurate assessments of fact, Ron Paul--who rose to prominence with presidential runs in both 2008 and 2012, running on an anti-war, pro-civil liberties message--made a monument
 

BOOM: RUSSIA HAS ANNOUNCED THE CRYPTO ROUBLE

Due to crippling sanctions imposed by other nations, Putin has commissioned a new crypto currency called the "Cryptorouble" and has assigned Russian programmers to make it happen.

 

 
 
For decades now public pensions have been guided by one universal rule which stipulates that current public employees can not be 'financially injured' by having their future benefits reduced.
 
 
This year saw some 7,000 retail stores shuttered, thanks to online shopping and in particular, Amazon; 2018 could be another banner year for closings, driving many malls to extinction as well
 
DECEMBER 2017 
 
 
"The welfare-warfare state is built on violence and deceit. It is thus inevitable that many of those participating in this immoral system will combine their immoral politics with immoral personal conduct"
Priceless! The full text of what he wrote follows
 
At the same time, according to the Bureau of Labor Statistics, with unemployment at the lowest rate since 2000 (4.1 percent), there were 126,827,000 full-time workers in the United States (including government workers). Yet that equaled only 2.05 full-time workers for each person receiving Social Security benefits.
 
The only question left, as MacroVoices' Erik Townsend puts it, is whether we're in the second inning and there's going to be another hundred years of the dollar serving as the world's global reserve currency? Or whether we're in the bottom of the ninth and it's all about to fall apart? Or maybe somewhere in between.
 
 
NOVEMBER 2017
 
 
 

Goodbye American Dream: The Average U.S. Household Is $137,063 In Debt, And 38.4%...

Once upon a time the United States had the largest and most vibrant middle class in the history of the world, but now the middle class is steadily being eroded.  The middle class became a minority of the population for the first time ever in 2015, and just recently I wrote about a new survey that showed that 78 percent of all full-time workers in the United States live paycheck to paycheck at least part of the time.  But most people still want to live the American Dream, and so they are going into tremendous amounts of debt in a desperate attempt to live that kind of a lifestyle

 
 
 
I read the last item and then look at Trump's Cabinet. No wonder Washington, DC is in a turmoil. Trump's picks are bosses who expect their employees to work. These are Eye Opening Numbers. This is what bothers a lot of people about Trump. He won't accept a ‘can't do’ attitude, or inexperienced, incompetent performance. He will get results; it just might not be smooth or pretty.
 
 
After we first reported last week that US credit card debt once again rose above $1 trillion, despite a recent sharp downward revision to the data, while both student and auto loans rose to a fresh record high...
 
 
 
Over the past year we have provided extensive coverage of what will likely be the biggest, most politically charged, and most significant financial crisis facing the aging U.S. population
 
 
 
Thanks to God’s grace through Harvey Weinstein, we’ve gotten a reminder:
You can pretend that up is down and wrong is right for a while – maybe even a very long while – but eventually the gig is up. Eventually reality crushes any fantasy built on an unbiblical foundation.
That’s just how things work in God’s creation.
Always has been. Always will be.
Whenever I write about our "retail apocalypse", many try to counter my arguments by pointing out the growing dominance of Amazon. And I certainly can't deny that online shopping is on the rise, but it still accounts for less than 10 percent of total U.S. retail sales. No, something bigger is happening in our economy, and it isn't receiving nearly enough attention from the mainstream media.
 
 
 
October 2017
 
Dropping the Dollar:
Venezuela Lists Oil Price in Chinese Yuan
Archive of this story Dropping the Dollar.pdf
 
September 2017
 
Did you know this LABOR DAY history?
To appreciate it, one needs to know the history preceding it.
Archive of this story Labor Day.pdf
 
China Moves on New World Order: Will Buy Oil With Gold-Backed Currency—Bypassing US Petrodollar
In a direct challenge to U.S. imperialism, China's yuan-denominated contracts - backed by gold -will let oil exporting countries bypass using the U.S. petrodollar
 
 
Kentucky Public Employee Retirements Surge As Fears Of Pension Collapse
Slowly but surely it is becoming increasingly clear to public workers in states with massively underfunded pensions that they've been lied to for the past several decades as their states can't possibly afford to pay for the retirement they've all been promised.
 
Facial Recognition to be Used at Singapore Airport
When a new terminal opens at the Singapore Changi Airport later this year, passengers might be able to check-in and board a plane without speaking to another person but they will be scanned using new facial recognition technology
 
Chinese KFC Planning Facial Recognition Payments For Meals
Customers will be able to use a “Smile to Pay” facial recognition system at the tech-heavy, health-focused concept store, part of a drive by Yum China Holdings Inc to lure a younger generation of consumers.
 
March-August 2017
 
The Ugly Truth About the Minimum Wage
The economic ignorance of the “Let’s Raise the Minimum Wage” gang is matched only by their smugness. In their confused, economically-illiterate universe, you either advocate for an increase in the minimum wage or you hate poor people.
Archive of this story The ugly truth.pdf

Electric Car Costs…

At a neighborhood bbq I was talking to a neighbor, a BC Hydro executive. I asked him how that renewable thing was doing. He laughed, then got serious. If you really intend to adopt electric vehicles, he pointed out, you had to face certain realities. For example, a home charging system for a Tesla requires 75 amp service.

Archive of this story 2017_07_07 Electric Car Costs.pdf

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