Category: Money Watch

June 26th, 2017 by Miasnow


London Independent
June 26, 2017

A new financial crisis is brewing in the emerging economies and it could hit “with a vengeance”, an influential group of central bankers has warned.

Emerging markets such as China are showing the same signs that their economies are overheating as the US and the UK demonstrated before the financial crisis of 2007-08, according to the annual report of the Bank for International Settlements (BIS).

Claudio Borio, the head of the BIS monetary and economic department, said a new recession could come “with a vengeance” and “the end may come to resemble Find Out More…

Posted in Money Watch, Uncategorized

June 26th, 2017 by Miasnow


Zero Hedge
June 26, 2017

One minute after 4am EDT, as the European market was warming up for trading, Gold suddenly plunged $12, or 1%, to $1,242 an ounce, on a surge in volume with 18k contracts, or just over $2 billion notional, trading in a one-minute window; as of 9:20am London, volumes running around 150% of recent averages. As so often happens, the gold plunge dragged silver down with it as well. 

A better chart of the move comes courtesy of Nanex which shows how the sudden selling soaked up all the liquidity in the Find Out More…

Posted in Money Watch, Uncategorized

June 22nd, 2017 by Miasnow


Daily Mail
June 22, 2017

President Donald Trump has said he will pursue legislation that would bar immigrants from being eligible for welfare for at least five years. 

At a rally in Cedar Rapids, Iowa, last night he said ‘the time has come’ for ‘new immigration rules’ that would require those seeking admission to the country to be able to support themselves financially and would bar the use of welfare for a period of at least five years.

He said his administration would be ‘putting in legislation to that effect very shortly.’

It is unclear, however, how Trump’s proposal would change Find Out More…

Posted in Money Watch, Uncategorized

June 22nd, 2017 by Miasnow


Mike Shedlock
MishTalk.com

June 22, 2017

When it comes to anti-war pieces and matters of the US government overstepping its bounds in matters of privacy and security, The Intercept is usually spot on.

On matters of social justice, The Intercept puts out some nauseating trash.

Intercept writer Zaid Jilani provides a perfect example with JEREMY CORBYN WANTS TO REQUISITION HOMES OF THE RICH FOR FIRE SURVIVORS — LIKE CHURCHILL DID IN WWII.

BRITISH LABOUR PARTY leader Jeremy Corbyn has a bold proposal to house the survivors of a devastating fire at London’s Grenfell Tower apartment complex in empty luxury homes.

YouGov polling found that Corbyn’s idea is Find Out More…

Posted in Money Watch, Uncategorized

June 22nd, 2017 by Miasnow


The Daily Sheeple
June 22, 2017

Times have certainly changed since 1982.

In this video, Joe Joseph takes a look back what things cost compared to what they cost today, the quality of life, and what it means to be a child of the 1980s.

This article was posted: Thursday, June 22, 2017 at 6:59 am




Posted in Money Watch, Uncategorized

June 22nd, 2017 by Miasnow


RT
June 22, 2017

Up to three-quarters of refugees in Germany will still be unemployed in five years’ time, according to the country’s commissioner for refugee integration Aydan Ozoguz.

She told the Financial Times that Germany faces challenges in integrating its enormous migrant population.

According to Ozoguz, only a quarter to a third of the newcomers would enter the labor market over the next five years, and “for many others, we will need up to ten.”

Initially the influx of many working-age, highly-motivated immigrants spurred optimism that they would mitigate Germany’s acute skills shortage. The CEO of Find Out More…

Posted in Money Watch, Uncategorized

June 21st, 2017 by Miasnow


Zero Hedge
June 21, 2017

A day after Brexit negotiations officially began, and seemingly unable to get over the result of democracy, George Soros is once again rattling his op-ed sabre, proclaiming the ignorance of British ‘brexit’ voters is about to get its come-uppance…

Economic reality is beginning to catch up with the false hopes of many Britons. 

One year ago, when a slim majority voted for the United Kingdom’s withdrawal from the European Union, they believed the promises of the popular press, and of the politicians who backed the Leave campaign, that Brexit would not reduce Find Out More…

Posted in Money Watch, Uncategorized

June 21st, 2017 by Miasnow


Daniel Lang
SHTFplan.com
June 21, 2017

It’s always funny to debate socialists on the merits of their ideology. If you point to a country like Venezuela, and say “See! This is what socialism leads to,” they’ll no doubt claim that it isn’t a real example of socialism. But if you went back in time by just a few years, you’d find that their perception of Venezuela was quite different.

Celebrities like Sean Penn, Oliver Stone, and Danny Glover praised the regime not too long ago, as did intellectuals like Noam Chomsky. Six years ago, Bernie Sanders claimed that “the American Find Out More…

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June 21st, 2017 by Miasnow


Michael Snyder
Economic Collapse
June 21, 2017

Do you have an emergency fund?  If you even have one penny in emergency savings, you are already ahead of about one-fourth of the country. 

I write about this stuff all the time, but it always astounds me how many Americans are literally living on the edge financially.  Back in 2008 when the economy tanked and millions of people lost their jobs, large numbers of Americans suddenly couldn’t pay their bills because they were living paycheck to paycheck.  Now the stage is set for it to happen Find Out More…

Posted in Money Watch, Uncategorized

June 20th, 2017 by Miasnow


Moneyish
June 20, 2017

You can take this to the bank: Americans are messed up about money.

A slew of new surveys and data have come out revealing that we don’t save enough, we spend money we don’t have, we have our financial priorities backwards — and more. Here are five new stats that prove Americans are backwards about money.

  1. About 1 in 4 literally have no emergency savings. A survey released Tuesday by Bankrate.com found that 24% don’t have even a single dollar saved for an emergency. And that’s just one of many surveys showing how little Find Out More…

Posted in Money Watch, Uncategorized