Author: Tyler Durden

Dr. Pippa Malmgren, a US policy analyst and former member of the Working Group on Financial Markets, a government entity better known by its nickname, the “Plunge Protection Team,” appeared on Erik Townsend’s MacroVoices podcast to discuss bitcoin and the European refugee crisis, while also offering some clues about how the PPT, famous for its secrecy, operates. On The Financial Implications of Europe’s Refugee Crisis Townsend started the interview by asking Malmgren, who also served as a special assistant to the president during the Obama administration, her thoughts about the thousands of refugees who continue to pour into Europe. Surprisingly, despite her … Continue reading →

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The global dollar-based monetary system is in serious jeopardy, according to former Texas Congressman Ron Paul. And contrary to Fed Chairwoman Janet Yellen’s assurances that there won’t be another major crisis in our lifetime, the next economy-cratering fiat-currency crash could happen as soon as next month, Paul said during an interview with Josh Sigurdson of World Alternative media. Paul and Sigurdson also discussed false flag attacks, the dawn of a cashless society and the dangers of monetizing national debt. Paul started by saying Yellen’s attitude scares him because “central bankers are always wrong – especially before a bust.” “There is a subjective … Continue reading →

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We have written frequently on the topic of migrant crime in Sweden over the past several months.  From attacks on journalists and cops, to the development of so-called “no-go zones” where basic police and postal services have been suspended due to soaring crime levels, parts of the otherwise quite Nordic country have been literally transformed by an influx of migrants over the past several years. So, what’s attracting the droves of migrants to the frozen tundra of northern Europe.  Well, luckily U.S. News & World Report has an official ranking to help answer that question and turns out it’s not just the allure of Swedish soccer or … Continue reading →

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Amid a growing ‘swarm’ of over earthquakes (now over 1000), and Montana’s largest quake ever, scientists are growing increasingly concerned that the so-called ‘super-volcano’ at the heart of Yellowstone National Park could be building towards a Category 7 eruption. So what is a ‘super-volcano’ and what does its explosion mean for life on earth? NatGeo explains… As National Geographic details… Think of Yellowstone as a gigantic pressure cooker, fueled by a massive supervolcano. Water from rain and snowmelt, much of it centuries-old, percolates through cracks in the Earth’s crust until heated by molten rock reservoirs deep below. The water then filters upward, eventually finding release in … Continue reading →

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A series of fake news articles (see here, here and here), blackmail of anonymous Reddit users who had the audacity to poke fun at them and a couple of undercover videos from Project Veritas revealing CNN producers admitting their own news is “mostly bullshit,” seems to be taking a toll on CNN’s ratings. As The Federalist notes in the table below, for the week of June 26th – July 2nd, CNN’s primetime shows (Anderson Cooper and Don Lemon) managed to draw about 6% fewer viewers than multi-decade old re-runs of “Yogi Bear,” “Full House,” and “Friends” which air in the same time slots on Nick-At-Nite. Time to buy old US gold … Continue reading →

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Following a swarm of over 1100 earthquakes recorded in the Yellowstone caldera over the past month, prompting scientists to voice concerns about a dormant Yellowstone “Supervolcano” slowly waking up, overnight these concerns escalated after a strong M5.8 earthquake hit western Montana early on Thursday morning – the strongest quake to hit the area in the past 20 years – the U.S. Geological Survey reported, with Reuters adding that the tremor was felt hundreds of miles away, from Missoula to Billings and some surrounding states. The quake appears to be the largest to hit Montana since a slightly weaker M5.6 struck outside of Dillon a dozen years … Continue reading →

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While publicly polarizing average-joe America at every opportunity, it appears the ‘elites’ are having a blast ‘together’ behind the scenes… As Politico reports… OUT AND ABOUT IN THE HAMPTONS — Lally Weymouth held her annual summer party last night at her house in Southampton. There was a long gold carpet entrance from where the parking was to a big tent next to her house. She served champagne, rare filet, fried chicken, cornbread, a big chocolate cake, ice cream and cookies decorated as American flags. Brother Don Graham did a big tribute to toast Lally (whose birthday is tomorrow) and shouted … Continue reading →

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We’ve written quite a bit over the past couple of months about the pending financial crisis in Illinois which will inevitability result in the state’s debt being downgraded to “junk” at some point in the near future (here is our latest from just this morning: “From Horrific To Catastrophic”: Court Ruling Sends Illinois Into Financial Abyss). Unfortunately, the state of Illinois doesn’t have a monopoly on ignorant politicians…they’re everywhere.  And, since the end of World War II, those ignorant politicians have been promising American Baby Boomers more and more entitlements while never collecting nearly enough money to cover them all…it’s … Continue reading →

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With Illinois facing a Friday night deadline by which it has to come up with its first fiscal budget in three years or face a downgrade to junk resulting in what a policymaker called a “death spiral“, another mini drama is taking place in Connecticut, which is also facing big budget problems as wealthy residents, hedge funds and major corporations flee the state’s high taxes and its fiscal future gets murkier by the day. Just today, we reported that Aetna, the insurance giant founded in Hartford where it has been for the past 164 years, announced it would move its … Continue reading →

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A day after a Russian fighter allegedly flew within 5 feet of a US reconnaissance plane traveling over the Baltic Sea, Reuters reports that a NATO F-16 fighter jet returned the favor when it tried to improperly approach a plane carrying the Russian defense minister. The plane was traveling to the city of Kaliningrad, a Russian enclave along the Baltic coast, where Defense Minister Sergey Shoigu was scheduled to discuss security issues with defense officials on Wednesday. The NATO aircraft was warded off by a Russian Su-27 jet, according to RT. In an accounting of the incident, Reuters notes that … Continue reading →

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We’ve spent a fair amount of time over the past several years writing about the ‘participation trophy generation’ (a.k.a. “millennials) and, more specifically, how their inflated sense of entitlement and self-worth, irrespective of work effort and/or innate talent, would not serve them well in the real world. You see Millennials, despite what your enabling handlers (a.k.a. “educators”) have told you your whole life, people here in the real world couldn’t care any less about your feelings, think your ‘Gender Studies’ degree was a complete waste of your parents’ money, will not promote you just because anything less would be a … Continue reading →

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Not long into Trump’s presidency, he announced his plans to increase the country’s defense budget in 2018 by 54 billion dollars. The extra money is seen as necessary in order to “rebuild the depleted military of the United States of America at a time we most need it”. Whether justified or not, this extra outlay will take the U.S. even further ahead of the rest of the world in terms of outright military spending. The infographic below shows how the current budget compares to the world’s other top spenders. Time to buy old US gold coins You will find more statistics at … Continue reading →

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Viruses, violent conflicts and a host of other regional calamities helped revive peoples’ desire to migrate permanently to another country between the years 2013 and 2016 as the number of potential migrants climbed to 710 million, according to a Gallup poll. Globally, 14% of the world’s adults wish to migrate, with the highest rates seen in sub-Saharan Africa (30%) and areas of Europe outside the European Union (21%), followed by Latin America and the Caribbean (18%), the Middle East and North Africa (19%), the European Union (20%), Commonwealth of Independent States (15%), Australia, New Zealand, Oceania (9%) and North America … Continue reading →

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We’ve noted several times in recent months that, despite the ‘economic recovery’, a record number of young ‘adults’ are moving back home with mom and dad after college and staying there well into their 30’s. Now, as confirmed by a recent study conducted by Fidelity and the Stanford Center on Longevity, the added stress of caring for all those ‘adult’ children is putting a severe emotional and financial strain on Baby Boomers with over 75% saying their adult children are cutting into their budgets and over 50% saying they’re generally less happy about life.  Per Fidelity: Adult children who move … Continue reading →

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College enrollment has been surging over the past 4 years with 67.4% of high school men enrolling directly in college after high school in 2016 versus only 61.3% in 2012. Ask any economics professor at an Ivy League school what is driving the trend of higher college enrollments and you’ll get a quick response that implies that our young 18-year-old snowflakes are simply hedging their future employment opportunities against the devastating consequences of globalization and a deteriorating manufacturing base in the United States. And while their complex econometric models prove their point well beyond a shadow of a doubt (even … Continue reading →

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