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Santa stopped in China this Christmas season to pick up gifts, rather than to drop them off

Politicians and economists love to use generic words that have infinite meanings dependent upon the perspective of the speaker.  One in particular is the concept of 'free trade', whereby its meaning over the past 20 years is for companies to manufacture items anywhere that offers the cheapest labor, then sell the produced items back to the very people who used to produce them to begin with before the advent ...

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Brexit keeps looking better and better for the UK as an EU court just provided veto power on any trade deal for up to 48 bodies

One of the primary reasons why Britain voted to leave the European Union earlier this year was the fact that the European Commission (EC) was usurping more and more political power over coalition nations when their original mandate was simply to exude economic power.  And in the course of the past six months alone since Brexit, the EC has even put to the vote a decree to form its own European military arm t ...

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Facebook’s new ‘fact checker’ for fake news under suspicion for embezzlement and dumping wife to marry a porn star

For years most publishers on the internet and in the alternative media have come to the conclusion that Snopes.com is little more than a propaganda site for the progressive and liberal parties.  In fact, it appears that around the start of this year's election, the website began moving away from the debunking of urban myths and laid its claim as a political 'fact checker'. Now their 'fact checking' crusade ...

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Scotland mulls calling for new independence referendum so they can stay in the EU when Britain exits

A few years ago, Scotland became center stage in world news as they issued a national referendum to decide on whether to stay under the control of Britain, or claim independence as a sovereign state.  And while the vote failed to pass due to the fact that many too people in Scotland are reliant upon British welfare to sustain their lifestyles, the advent of Brexit is leading some political parties to mull o ...

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CoCo bonds, debt for equity swaps, and now Italy’s Monte Dei Paschi bank is having to sell shares to avoid insolvency

As the new market week begins over in Asia and Europe, Italy's insolvent banking system continues to spiral downward.  And where last week the world's oldest bank was trying to convince 2nd tier debt holders to exchange their bonds for equity in the bank, on Dec. 19 Monte Dei Paschi is preparing to push their share price down even further by issuing and selling new shares to try to completely avoid bankrupt ...

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Iran looking to forge even stronger ties with Russia as they finalize a trade agreement with the EEU

With Russia already having strong ties to the Shiite sect of Islam through their military pact with Syria, it is only natural that Iran would also find them a willing ally within the divided Middle East.  And with the work they have already done together in building Iran's nuclear facilities, Tehran is now looking to increase that partnership by forging a trade agreement with the Eurasian Economic Union (EE ...

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Nobel prize winning economist joins Euro architect in declaring the currency a mistake and failure

On Dec. 12, Nobel Prize-winning economist Oliver Hart told European media source Euractiv that the Euro currency, as well as forcing 28 different homogeneous states into a centralized union, was a mistake and that the only real solution was to get rid of the currency and move authority out of Brussels and back to their original sovereigns. The foundation behind Britain's regaining of their sovereign power f ...

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As city mayors fight to protect illegal aliens living in their midst they are also passing laws to vilify American homeless

With the election of Donald Trump as the new President, mayors around the country who have designated their dominions as sanctuary cities are rushing to the media to tell the incoming President-Elect how they will fight to protect their law breaking foreigners.  Yet perhaps what is even more disconcerting is how these same elected officials are now passing laws that make it illegal for people to actually ai ...

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Eat, drink, and be merry for in all things you will be taxed

It is said that the three primary things a government is good for is growing itself, rewarding favored patrons, and taxing its citizens.  And whether it is the European Commission, the state of India, or even the United States, money is the fuel that helps those in leadership accomplish these primary goals. Many people have chuckled at the myriad of ways governments have used tax laws to try to scrounge up ...

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German finance minister Schauble seeks to save EU by demanding Italy and Greece continue austerity or leave EU

Now that the people of Italy have spoken through their rejection of a national referendum to restructure the government on Monday, the rest of the European Union is on high alert for what could be the next Exit event from the coalition.  And while it appears that the European Central Bank (ECB) earlier today followed the Fed's lead in bailing out and backstopping negative markets as was done following the e ...

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Deutsche Bank settles on gold manipulation case which now opens door for investors to sue other banks for fraud

Despite thousands of hours of investigations, and a mountain of evidence compiled by organizations such as GATA, one major bullion bank has finally been convicted of rigging the precious metal markets. On Dec. 2, Germany's Deutsche Bank finally settled on a $60 million agreement to pay investors financially wronged from their actions in manipulating gold prices in the commodity markets.  This settlement com ...

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November jobs report takes fake news to its ultimate end as rate goes down but people without jobs goes up

On Dec. 2 the Bureau of Labor Statistics (BLS) published their second to last jobs report for the Obama administration and the results are something even George Orwell would cringe over.  This is because the modest increase of 178,000 new jobs isn't even the real story within the report,  but rather the fact that the unemployment rate fell a whopping .3% simply because the government erased 446,000 people f ...

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