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The Worst Economic Crisis Anyone Has Ever Seen
We have been watching, with disbelief and bemusement, how the “recovery-narrative” has been touted in the financial media and among some economists and analysts. Categorically, an economic recovery is a period of expansion, where we eventually exceed the previous peak in employment and output. There’s no such thing coming (anytime soon). It is very human…
Read MoreNasdaq Futures Tumble, Stocks Slide As SoftBank Unwinds, Dollar Jumps
If SoftBank’s presence in the public markets was enough to send global markets to 9 consecutive all time highs while stretching tech valuations to unprecedented levels, then it is to be expected that SoftBank’s unwind of its notorious “Nasdaq Whale” trade as we reported yesterday, would send risk tumbling and sure enough Nasdaq futures plunged over…
Read MoreUSDA Crop Report Shocker Sends Corn Futures Surging
Chicago corn futures surged 8% in the last two sessions after a massive reduction to the U.S. government’s acreage estimate reported Reuters. The U.S. Department of Agriculture’s (USDA) crop report on Tuesday showed farmers planted 92 million acres of corn in 1H20, which was a huge miss in expectations and 5 million acres below the USDA’s March forecast of 97 million acres.…
Read MoreThree Men Arrested In NJ For Running Alleged $722 Million Crypto Ponzi Scheme
United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part of the alleged crypto Ponzi scheme BitClub Network, per a Dec. 10 announcement from the Department of Justice. The accusations against BitClub Network According to the press release, BitClub Network promised massive…
Read MoreChina Braces For December D-Day: The “Unprecedented” Default Of A Massive State-Owned Enterprise
The identity and actions of these world powers are described primarily in Daniel, Ezekiel, and Revelation. The king of the west is the Antichrist who will lead the ‘revised’ Roman Empire [the seventh kingdom] and its western allies. The ‘revised’ Roman Empire today is the European Union in transition. The king of the south is Egypt and its southern Islamic allies. The…
Read MoreGoldman Banker On Trial Had $24,000 Hidden In His Sunglasses Case
The very good criminal has their secret stash of cash that they are either hiding from the government or using for illicit “working capital” purposes. Usually, this cash is held in safes, briefcases or good old fashioned sacks with dollar signs on them. Which is why it has piqued the interest of many that a Goldman…
Read MoreThe Federal Reserve Works for the Foreign Bank$Ters [Central Banks]…
as the Principal Creditors in the Receivership of the USA Bankruptcy. The Bankster’s hate bad press (lucky for them they own most of the mainstream media), so the situation was quickly rectified. This is but one of countless untold stories of a similar nature, and they all have one common thread among them. To the…
Read MoreIncentives (And Sociopaths) Rule The World
Ryan Murphy, an economist at Southern Methodist University, recently published a working paper in which he ranked each of the states by the predominance of—there’s no nice way to put it—psychopaths. The winner? Washington in a walk. In fact, the capital scored higher on Murphy’s scale than the next two runners-up combined. “I had previously written on…
Read More11 Reasons Why So Many Experts Believe That A US Economic Crisis Is Imminent
With all of that said, let me make it clear, I believe the Bible gives us the freedom to spend reasonable amounts of money on entertainment/fun. If all other financial responsibilities are being fully and properly managed, there is nothing wrong with “wasting” a little money on a little frivolity. Could this frivolity include spending…
Read MoreRickards Warns: Robo-Trading Will End In Disaster
We are tempted by our “own evil desire” first (James 1:14). That’s not to say every unbeliever is blatantly and spitefully turning from what is known to be true. But the unbeliever’s desire for self-satisfaction makes Satan’s deception all the more potent. Today, stock markets and other markets such as bonds and currencies can best…
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