Core Durable Goods Orders Extend Longest Non-Recessionary Streak In US History As Business Spending Plunges
The only reason this piece of crap will say he's voting for Trump, is so he's not thrown out of office...Don't let him kid you...he's a self serving tool... that wants to stay in office...
Leaked Memo Exposes Shady Dealings Between Clinton Foundation Donors And Bill's "For-Profit" Activities
Twitter in the Shitter...
Belgium can't even govern itself...
Take it out in Gold and Silver...
As the world now knows, British bank NatWest, part of the Royal Bank of Scotland group, has told Russian media outlet RT that it should take its business elsewhere. Initially it was reported that the bank had “frozen” RT’s accounts, meaning it had impounded the money, but it now says that the accounts have merely been closed, meaning that RT can withdraw its money – provided it then takes it to another bank.
NatWest, and the rest of the Royal Bank of Scotland group, are effectively owned by the British government, which acquired the majority share in 2008 to prevent it collapsing. As RT is also state-owned, it has been inferred that this is another form of sanction. British Foreign Secretary Boris Johnson denies this, but he also denies several of his chidren, several parts of his ancestry and practically everything else he has ever written or been recorded saying.
For much of the second half of the 20th Century, and even into the new millennium, “Globalization” was the dominant theme used to describe the drift of the world economy. It was widely considered both natural and inevitable that the world economy would continue to integrate and that national boundaries would become less constraining to commerce and culture. And with the exception of the eternal “anti-globalization” protesters, who robotically appeared at large gatherings of world leaders, the benefits of globalization were widely lauded by politicians, corporate leaders and rank and file citizens alike. But a casual glance at the world headlines of 2016 suggests that the belief in globalization has crested, and is now in retreat. What are the consequences of this change?
Between 1870 and 1913, the real GDP of the United States — as best they can estimate it — rose from $20 billion to $131 billion (1958$).
That gain of 4.3% per annumcompounded over 43 years is the highest real GDP growth on record for a continuous equivalent period of time. But here’s the wonder of it…
During that golden age of growth and prosperity, the U.S. had no central bank and not even one episode of fiscal stimulus!
The Wall Street Journal broke the story on Sunday night about the connections surfacing between the Democrats and Jill Mcabe’s run for the Senate who is the wife of one of the top FBI investigators into the Hillary emails. According to the Journal, the finance records show Virginia Gov. Terry McAuliffe’s PAC gave $467,500 to Jill McCabe’s 2015 state Senate campaign. Then the Virginia Democratic Party itself spent an additional $207,788 on her campaign. McCabe, who ended up losing to the Republican incumbent, is married to Andrew McCabe, the FBI’s deputy director.
The Money GPS: