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Main street retail has crossed the Rubicon as online shopping is about to put a large portion of the industry out of business

When the world's largest bellweather retailer Walmart announces they are dedicating most of their growth reserves towards their online platform, then you know that we have reached the beginning of the end for Main street retailers.  And as we head towards the most important segment of the retail industry's year, a large portion of brick and mortar stores could be gone by the time we reach February 2017. In ...

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Before It Is Over This Decline Will Engulf Every Country On The Planet

On the heels of yesterday’s KWN viral interview with Gerald Celente This Is The Shocking Truth About How Bad The Economy Really Is In The United States, it appears that an already bad situation for the U.S. and the rest of the world may be about to get a lot worse. What Celente noticed after yesterday’s viral interview about the collapsing restaurant industry in the United States was this note from Stifel, ...

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The Dallas police force recognize in their pension funds what most Americans don’t in their banks

Last month we wrote a story on how the Dallas pension fund suddenly became a microcosm for the entire financial system... by this we meant that once corporate and bank balance sheets were forced to record their assets at mark to market, the world would discover that nearly all of them were completely insolvent.  But unlike many Americans who usually don't keep track of their retirement funds, or bother to m ...

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Co-founder of the Euro predicts the currency will soon implode thanks to central bank policies

Back in 1999 when the Euro currency was launched as the vehicle to tie together the trade partners who made up the continental union, one of its co-founders and chief architects was Otmar Issing.  And now 17 years later, this architect and first chief economist of the European Central Bank is predicting its demise. For many European countries the Euro originally represented a stable currency platform to ass ...

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Besides having little savings Americans now facing growing personal debt defaults

Many have heard about the growing debt defaults for young Americans regarding their burden of student loans, but few have come to realize that a large portion of people in this country are facing their own debt problems as well.  In a new report on Oct. 13, 35% of all Americans have past due loans of over 180 days, and in the City of Detroit alone, two out of three individuals have debts that are now in col ...

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Majority of most Americans have less than $1000 in savings

The ultimate outcome of central bank manipulation on America's monetary system is nearing its completion as a new report out on Oct. 9 shows that the majority of people, at least 70%, have less than $1000 in savings to deal with everyday and emergency expenses. Zero interest rates policies (ZIRP), and a unprecedented expansion of the money supply by the Federal Reserve has created an environment where consu ...

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No one really knows how insolvent EU banks really are since the ECB allowed some to cheat on their ‘stress tests’

Over the past year both the Federal Reserve and the European Central Bank (ECB) conducted a number of 'stress tests' to try to gauge how strong or even insolvent many of their member institutions really are.  In the U.S., the Fed gave a blanket approval to nearly all their major banks, which then led several of them to cash out their emergency reserves and use them to buy back stock in order to boost bonuse ...

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Re-writing trade deals may not be enough to bring back jobs as robotics and automation expected to replace workers

One of Donald Trump's biggest selling points is his claim to renegotiate and re-write horrific trade deals that saw most of America's manufacturing jobs go offshore since NAFTA and GATT were passed by Congress back in the mid-90's.  However just as we are seeing in China, where a large portion of their workers at Foxconn are soon to be replaced by robots and automation, so too is this trend being emphasized ...

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World’s central banks preparing for disaster as the debt bubble implosion nears

In recent days Germany’s Deutsche Bank has made global headlines as it teeters on the edge of solvency and the country’s leader, Chancellor Angela Merkel, debates whether or not she should intervene to save it. But Deutsche is not the only big bank that is in trouble. Like 2007 all over again, other global financial institutions are over-leveraged and vulnerable to collapse in what one major lender called a ...

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Complete List Of Rothschild Owned And Controlled Banks

Image: Vintage Rothschild Chateau By: yournewswire.com   An increasingly number of people are waking up to the fact that 99% of the Earth’s population is controlled by an elite 1% – but did you know that there are theories about one family, the Rothschild, that they rule everything, even that elite 1%? Behind the scenes the Rothschild dynasty is unquestionably the most powerful bloodline on Earth and t ...

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Could the banks insane process of selling derivatives on anything lead to collapse due to Hurricane Matthew?

Following the 2008 credit crisis there was a great deal of talk about killing derivative trades, especially since banks held positions large enough to collapse the entire global financial system.  But as with most politicians all it took were a few campaign donations to not only insure that they would not be scuttled, but to even have them backstopped by the FDIC through the Dodd-Frank Wall Street Reform Ac ...

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EU backtracks on forced bail-in laws and seeks to build a taxpayer funded derivatives clearing house

Last year the European Commission passed a law that forced all EU countries to enact their own bail-in programs in the event of bank insolvencies.  In fact, the EC was so adamant that taxpayers would no longer be allowed to assist in bailing out banks that the Commission took four governments to court leading up to the Dec. 31 deadline. But as with all ideologies, they are quickly discarded when a crisis ta ...

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