Janet Yellen Says A New Financial Crisis Probably Won’t Happen ‘In Our Lifetimes’ But The BIS Says One Could Soon Hit ‘With A Vengeance’

Federal Reserve Chair Janet Yellen is quite convinced that the United States will not experience another financial crisis for a very long time to come.  In fact, she is publicly saying that she does not believe that another one will happen “in our lifetimes”.  But there are other central bankers that see things very differently.  In fact, a new report that was just released by the Bank for International Settlements is warning that a new financial crisis could soon strike “with a vengeance”.  So who is right? It would be nice if it turned out that Yellen was right.  Nobody […]

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New Normal Could Plunge Economy into Recession

The big news from the Federal Reserve wasn’t the quarter point rate hike (which was expected). The big news was Fed chair Janet Yellen’s announcement of “balance sheet normalization.” Fed Chair Janet Yellen claims the central bankwill soon unwind its balance sheet. In plain English, the Fed claims it will begin selling off assets from its balance sheet, which remains bloated from previous Quantitative Easing programs. If “normalization” does actually proceed at full speed, it would entail $ 50 billion in financial assets per month being dumped into the market. Not even Fed officials know how markets will react to […]

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Central Banks Now Own Stocks And Bonds Worth Trillions – And They Could Crash The Markets By Selling Them

Have you ever wondered why stocks just seem to keep going up no matter what happens?  For years, financial markets have been behaving in ways that seem to defy any rational explanation, but once you understand the role that central banks have been playing everything begins to make sense.  In the aftermath of the great financial crisis of 2008, global central banks began to buy stocks, bonds and other financial assets in very large quantities and they haven’t stopped since.  In fact, as you will see below, global central banks are on pace to buy 3.6 trillion dollars worth of […]

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What You Do On Your Cell Phone Could Come Back To Haunt You

As far as Big Brother is concerned, nothing that you do on your cell phone is ever private.  And if the government really wants to see what is on your cell phone, they are going to get that information one way or another, even if that means resorting to physical violence.   On Monday, NBC News provided us with yet another glaring example of how the United States is being transformed into a Big Brother police state.  On January 1st, Akram Shibly and Kelly McCormick from Buffalo, New York were coming back home from a trip to Toronto, and they didn’t […]

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Why The Melted Fuel Under Fukushima Could Poison Our Planet With Nuclear Radiation For 1000s Of Years

Six years ago, an absolutely devastating tsunami caused a triple meltdown at Japan’s Fukushima nuclear power facility.  It was the worst environmental disaster in all of human history, and even though six years have passed since that time, nobody knows where the three melted cores are.  Just recently, authorities believe that they spotted some melted fuel underneath reactor 2, but even from a distance the level of nuclear radiation that was detected was being described as “unimaginable”.  Essentially what we are talking about are three enormous “dirty bombs” that are continuously emitting tremendous amounts of nuclear radiation into the air, […]

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Job Creation Could Fall off a Cliff in the Months Ahead

Let’s do a quick thought experiment… Imagine you’ve got two people in the workforce. Let’s say one is 40 and the other 65. When both are gainfully employed, the unemployment rate is 0%. We’re enjoying full employment within the labor pool. During the recession, the 40-year-old loses his job. With only two people in the labor pool, that means only half of the working age population that wants a job, has a job. Unemployment is at 50%. Ouch. As the economy recovers, the 40-year-old once again finds work. However, he’s earning less than he was before. Great news, sort of. […]

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10 Ways That Donald Trump Could Try To Reverse The Curse That Obama Has Put On America

When Barack Obama betrayed Israel at the United Nations, that put a curse on our nation.  But that doesn’t mean that we have to stay cursed.  In the coming days, the new Trump administration should immediately start taking steps to reverse the curse that we are under as a result of what Obama has done.  Perhaps if Donald Trump takes strong enough steps to try to undo what Obama has done, instead of being cursed we can once again return to being blessed. One thing that Trump will not be able to undo is UN Security Council Resolution 2334.  It would take another UN Security […]

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China’s Economic Imperialism Could Spell Trouble

In 2007, a Chinese company bought Mount Toromocho in Peru. That’s right. A mountain, in another country. It’s more than half the height of Mount Everest, but aesthetic beauty wasn’t a factor. Beneath the mountain’s surface sits two billion tons of copper, one of the largest reserves in the world. Through a state-owned company, the Chinese government secured access to yet another natural resource overseas. Over the last 20 years, the country has employed a kind of economic imperialism, buying minerals, farms, and water rights in far-flung places around the globe. Now the country is developing the technical know-how of […]

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If Hillary Clinton Is Charged With Obstruction Of Justice She Could Go To Prison For 20 Years

In the world of politics, the cover-up is often worse than the original crime.  It was his role in the Watergate cover-up that took down Richard Nixon, and now Hillary Clinton’s cover-up of her email scandal could send her to prison for a very, very long time.  When news broke that the FBI has renewed its investigation into Hillary Clinton’s emails, it sent shockwaves throughout the political world.  But this time around, we aren’t just talking about an investigation into the mishandling of classified documents.  I haven’t heard anyone talking about this, but if the FBI discovers that Hillary Clinton […]

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World War 3? Barack Obama Could Take A Major Step Toward War With Russia On Friday

Because the mainstream media is devoting almost all of their time and energy to covering the Trump and Clinton campaigns, most Americans don’t realize that the Obama administration is bringing us perilously close to war with Russia.  On Friday, Barack Obama is going to sit down with his foreign policy team and discuss “military options” in Syria.  As you will see below, the options under consideration include direct strikes “on Syrian military bases”.  Russia has already pledged to respond militarily to any direct strikes on Syrian forces, and so the decisions that Barack Obama makes regarding Syria on Friday could […]

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