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Category: Financial, Economy

The Long Death of America’s Middle Class

InternationalMan The Long Death of America’s Middle Class by Nick Giambruno, Senior Editor The American middle class is dying. In 2015, it dipped below 50% of the population for the first time since data collection started on the issue. It’s now an official minority group. Meanwhile, nearly half of Americans don’t have enough money to cover a surprise $400 expense. Many are living paycheck to paycheck, with little to no cushion. And US homes are less affordable than they’ve been in decades—possibly ever. I’ll tell you why this is happening and how to secure your spot among the “haves” in...

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“Sorcha Faal”: Russia-China Move Rapidly To Remake World While America Continues To Self Destruct 

WhatDoesItMeanRussia-China Move Rapidly To Remake World While America Continues To Self Destruct  By: Sorcha Faal, and as reported to her Western Subscribers May 24, 2018 (GC note: As with all “intel” drops, please take care to use discernment) An informative new Security Council (SC) report circulating in the Kremlin today describing the sentiment of the over 15,000 global participants to this years St. Petersburg Economic Forum states that the overriding mood is one of “fearful perplexity” as to why the United States is deliberating destroying itself—but in whose destruction has allowed both Russia and China to make rapid strides in remaking the world into a more equitable place for all humanity—such as Russia just announcing that...

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China Is Winning The “Trade War” Without Firing A Shot

Zerohedge China Is Winning The “Trade War” Without Firing A Shot 05/24/2018 Authored by Lance Roberts via RealInvestmentAdvice.com, This past weekend, the Administration announced a tentative deal with China to temporarily postpone the burgeoning “trade war.” While the details of the deal are yet to be worked out, the concept is fairly simple – China will reduce the existing “trade deficit” by over $200 billion annually with the U.S. by reducing tariffs and allowing more goods to flow into China for purchase. On Monday, the markets reacted positively with industrial and material stocks rising sharply as it is expected these companies will be the...

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Russia Finance Minister: We Are Ready To Ditch The Dollar In Favor Of The Euro

Zerohedge Russia Finance Minister: We Are Ready To Ditch The Dollar In Favor Of The Euro 05/24/2018 In a testament to the success of the latest Trump sanctions against Russia, overnight Russian aluminum giant Rusal announced that its chief executive, Aleksandra Buriko, and half of its managerial board resigned to make sure the firm avoids U.S. sanctions against its founder, billionaire oligarch, Oleg Deripaska. The mass resignations were part of “the efforts that have been made by the management of the group to protect the interests of the company and its shareholders” since the sanctions were imposed last month,...

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X22 Report: There Are No Coincidences, It Has Been Planned From The Beginning [VIDEO]

X22Report There Are No Coincidences, It Has Been Planned From The Beginning – Episode 1575b May 23, 2018 Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rn… Join the X22 Report On Steemit: https://steemit.com/@x22report Get economic collapse news throughout the day visit http://x22report.com Report date: 05.23.2018 The deep state is trouble, Comey, Clapper, Brennan and others are in deep trouble. The deep state has been setting up the surveillance state for a long time. UK allow Yulia to make a scripted speech, Russia would like to speak with their Russian citizen. North Korea invites journalists to watch them...

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Richard Dolan Show – Interview with Catherine Austin Fitts [AUDIO]

RichardDolan Richard Dolan Show May 14, 2018. Interview with Catherine Austin Fitts May 20, 2018 This episode of the Richard Dolan Show aired on KGRA radio May 14, 2018. It is a two-hour interview with black budget expert Catherine Austin Fitts, former Assistant Secretary of Housing and Urban Development from 1989-1993. Included in the discussion is the recent analysis by Catherine and Dr. Mark Skidmore that $21 trillion has been spent by the U.S. government without authorization — and is essentially missing. As Catherine points out, this is enough effectively to cancel the entire debt of the United States,...

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Keiser Report: Lotus of Perpetual Knowledge [VIDEO]

RT-KeiserReport Keiser Report: Lotus of Perpetual Knowledge (E1230) May 22, 2018 Max and Stacy discuss the slow-motion leveraged buyout of America as stock buybacks reduce the available supply of equity for ordinary Americans to own. In the second half, Max interviews of BITT.com about sovereign cryptocurrencies and the future of regulatory measures in the coin space. WATCH all Keiser Report shows here: http://www.youtube.com/playlist?list=… (E1-E200) http://www.youtube.com/playlist?list=… (E201-E400) http://www.youtube.com/playlist?list=… (E401-E600) http://www.youtube.com/playlist?list=… (E601-E800) https://www.youtube.com/playlist?list… (E801-E1000) https://www.youtube.com/playlist?list… (E1001 – 1200) https://www.youtube.com/playlist?list… (E1201 – Current) Check out http://rt.com RT LIVE http://rt.com/on-air Subscribe to RT! http://www.youtube.com/subscription_c… Like us on Facebook http://www.facebook.com/RTnews Follow us on Telegram...

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The U.S. Is Shackled By Historic Debt

Zerohedge The U.S. Is Shackled By Historic Debt 05/21/2018 Authored by Lawrence Thomas via The Gold Telegraph, Do you feel as if you’re drowning in debt? It’s worse than you think The U.S. government reached a new milestone when our country’s debt topped $21 trillion for the first time. The national debt grows by an average of $17,000 every second – more than some people earn in an entire year. That’s only an average, and During the past eight months, the national debt grew by $52,000 per second. And the trend toward bigger and higher spending is only getting worse. The ratio...

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Will Pentagon Audit Lead to Missing Money?

BATRWill Pentagon Audit Lead to Missing Money? Detailing the specifics of waste or even graft that has transpired inside the military-industrial-security complex is a task that could get an investigator killed. The biggest cash cow is wrapped in the flag and exists within a culture where mere scrutiny lays open charges of being unpatriotic. Munitions merchants maintain a special relationship with Generals and Admirals who promote, protect or facilitate the continuous development and deployment of weapon systems. The revolving door of influence rewards compromised legislatures or bureaucrats with executive payoffs when they leave government service. Senator Enzi Seeks Timeline for Ongoing...

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Trump Shuns Xi As US Uninvites China From World’s Largest Naval Exercise

Zerohedge Trump Shuns Xi As US Uninvites China From World’s Largest Naval Exercise 05/23/2018 In the latest sign that contrary to the official rhetoric, tensions between the US and China are in fact escalating as China reaffirms its dominance of contested territory in the South China Sea (see “China Releases Footage Of Bombers Landing On Disputed Island For The First Time“) the US has disinvited China from the Pacific Rim Military Exercises, the Pentagon told AFP. According to Inside Defense, the US military revoked the invitation because of Beijing’s aggressive actions in the South China Sea, which have recently included reports...

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Mnuchin: US-China Trade War “On Hold”, But NAFTA Still “Far Apart”

Zero Hedge In what looks to us like confirmation that the US has officially kicked the can down the road, Treasury Secretary Steven Mnuchin said Sunday that China and the US were putting a trade war “on hold” as the two sides work to hammer out a comprehensive trade agreement that will be acceptable to both sides. Mnuchin, who was in Beijing last week for trade talks with top Chinese officials, emphasized that Trump isn’t giving up on holding China accountable – the process is just taking longer than some had hoped. “Right now Chris we’re going to put...

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Japan plans $400m hit on US goods in response to Trump tariffs

The Guardian Japan is considering slapping tariffs on US imports worth $409m in retaliation against steel and aluminium levies imposed by Donald Trump, public broadcaster NHK said on Thursday. Trump ‘working’ with Xi Jinping to save jobs at Chinese company hit by US ban Read more As the Trump administration prepares to begin talks with China in Washington on Thursday aimed at averting a trade war, Japan said it was preparing to notify the World Trade Organisation of its proposal, the report said. Tokyo’s planned retaliatory tariffs would be the equivalent value to duties imposed by Washington via its tariffs, according to NHK,...

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Bitcoin Is Going To Use As Much Electricity As Austria By The Year’s End

Futurism At this point, mining Bitcoin requires such intensive, specific hardware that the only way for most people to get in on the crypto game is to simply purchase the coin via an exchange. But that doesn’t mean mining has slowed down. Rather, the opposite has been happening, giving environmentalists (and anyone but the most adamant cryptobros) cause for concern. Between cooling fans, manufacturing hardware, and the outrageous, ever-rising energy costs needed to operate a bitcoin mining rig, the world’s Bitcoin network is expected to use as much as 7.67 gigawatts of power by the end of 2018, according...

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April Showers Bring May Flowers, Is It Happening? [VIDEO]

X22Report April Showers Bring May Flowers, Is It Happening? – Episode 1570b May 17, 2018 Check Out The X22 Report Spotlight YouTube Channel – https://www.youtube.com/channel/UC1rn… Join the X22 Report On Steemit: https://steemit.com/@x22report Get economic collapse news throughout the day visit http://x22report.com Report date: 05.17.2018 The IG report is going to be released in May and it looks like it is going to bring May flowers. The Korea story that the corporate media is pushing out is fake and false. The statement made by NK was edited a certain way to make it look like the NK wanted to cancel...

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Calling China A Liar, Kudlow Says Beijing Offered To Reduce Trade Deficit By “At Least $200 Billion”

Zerohedge Calling China A Liar, Kudlow Says Beijing Offered To Reduce Trade Deficit By “At Least $200 Billion” 05/18/2018 Trump’s top economic advisor, Larry Kudlow (it’s still a shock) did not get the memo that Beijing vocally denied last night’s “fake news” report that it was ready to slash the US trade deficit with China, and speaking to reporters at the White House, the former CNBC commentator said China offered to reduce its trade surplus with the U.S. by “at least $200 billion” in talks to head off a possible trade war, according to Bloomberg. As a reminder, this is patently false as...

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Meet Tesla’s New Bondholder: Billionaire George Soros

Zerohedge Meet Tesla’s New Bondholder: Billionaire George Soros 05/16/2018 Amid Elon Musk’s darkest hour in late March – as his stocks and bonds tumbled in price – it seems there was at least one other billionaire willing to buy the ‘blood on the street’. According to the latest 13Fs, George Soros’ investment firm took a $35 million stake in Tesla’s convertible bonds during the first three months of the year One glimpse at the volume in TSLA converts suggests Soros Fund Management piled in as the price plunged at the end of March… As a reminder, convertibles are hybrid securities, either bonds or...

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Keiser Report: Capricious Nature of USD Empire

RT Keiser Report: Capricious Nature of USD Empire (E1228) May 17, 2018 In this special double header episode of the Keiser Report, Max and Stacy discuss the capricious economic and financial policies of the United States that are even leading European allies to consider alternatives to the SWIFT system upon which much global trade currently relies. As the US has increasingly used its authority over the payments system to economically punish competitors, enemies and allies alike, many wonder if a more stable trade system might be found in a more neutral decentralized system. In the second half, Max interviews...

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How Bankers Have Slowly Manipulated the U.S. Government Towards Establishing A Totalitarian State

HumansAreFree How Bankers Have Slowly Manipulated the U.S. Government Towards Establishing A Totalitarian State Why Bankers Manipulate Governments History reveals that wealthy families long ago discovered out how profitable financing wars could be. The Rothschild fortune was established once Nathan Meyer Rothschild managed to build a network of spies so that he could receive early information of war reports which would give him insider info. He used the early news of Wellington’s victory over Napoleon at Waterloo to make a killing in the market and establish his family’s banking fortunes. In our modern era mega corporations, big banking cartels and secret shadow organizations have also discovered that it...

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