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New Gallup Poll shows most Americans feel China a more powerful economy than the U.S.

There is a reason why Presidential candidates like Donald Trump and Bernie Sanders are making powerful strides in the 2016 election cycle, and it is something that the mainstream fails to recognize.  And despite all the rhetoric and false data used over and over to tell the American people how good and strong their economy is, average citizens are rejecting this propaganda and making their views known in ma ...

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New Monopoly game may be signalling bankers ‘ultimate’ goal

Is it on purpose, or just simple coincidence that the newest version of the classic game Monopoly comes out at a time when academics and central bankers are calling in unison for the end of cash?  Because the new Monopoly: Ultimate Banking version is one that is played without cash, and is completely electronic where property, wealth, and taxation is controlled from a central point using a form of debit car ...

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Canadians are losing confidence in all sectors of their financial system

Consumer spending and affordability of products and services are just one component of a domestic economic system that alone it is not enough to bring a complete lack of confidence to a nation's financial system.  But when you add in a growing decline in confidence for that nation's currency, retirement programs, and investing structures, you have the ingredients for a rebellion that leads to collapse. Hype ...

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Japan’s NIRP paradox: Consumer spending drops in Q4

Perhaps it was insider knowledge that consumer spending for the 4th quarter of 2015 would be much worse than analysts expected that drove Japan's central bank head Haruhiko Kuroda to out of nowhere implement a new negative interest rate policy (NIRP), but nevertheless, this data which was reported on Feb. 15 puts the 3rd largest economy in a difficult paradox. NIRP is an interest rate program normally used ...

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People around the world buying gold in droves as analysts see loss of confidence in paper currencies

Seven years, 637 rate cuts, and $12.3 trillion in 'quantitative easing' has accomplished little more than to grow the world's debt bubble to extraordinary proportions.  And now that Japan, Switzerland, most of Europe, and even the U.S. are either into negative rates, or seriously contemplating them, the straw seems to have finally broken the camel's back, and confidence in paper fiat currencies is coming to ...

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JP Morgan can’t imagine a more ‘ugly morning’ as global markets imploding

Just one day after Federal Reserve Chairman Janet Yellen spoke before Congress to answer questions on the state of the economy, global markets continued their acceleration downward as stocks, currencies, oil, and banks not only show signs of capitulation, but in the words of JP Morgan's Adam Crisafulli, he can't imagine a more 'ugly morning'. S&P 500 futures down 1.8% to 1814 Stoxx 600 down 3.4% to 304 ...

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Former Wall Street insider and head of the OMB calls out bank ceo’s as liars and untrustworthy

Almost eight years ago, the former CEO of Bear Stearns appeared on CNBC to say that they were fully capitalized, and had $26 billion in liquidity.  Three days later, the 85 year old institution was gone forever. Subsequently, other long-standing banks would also fail during that tumultuous year, with executives and business news analysts lying to investors who lost everything by not getting out while their ...

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Major retail chains shutting down thousands of stores; are you prepared and self-reliant?

(NaturalNews) There is chatter across the web about dozens of major retail chains that are expected to permanently shutter a large number of their store locations this year. Popular names like Abercrombie & Fitch, Barnes & Noble, Chico's, Children's Place, Coach, Fresh & Easy, Gymboree, JCPenney, Macy's, Office Depot, Pier One, Pep Boys, and many others are named as soon-to-be casualties in what ...

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Foreign bartender hires take unemployment rate below 5%

As usual, today's new job report from the Bureau of Labor Statistics isn't what it seems, and proves once again that government reporting is simply a political tool for the state's benefit rather than as a true barometer of the economy.  And all one simply has to do is look at how the Feb. 5 number came in far below analyst projections, yet the unemployment rate fell below 5% and to its lowest level in eigh ...

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Retail closures scream recession

First it was Macy's, who within days of the start of the new year announced store closures and layoffs, and was quickly followed by bell wealth company Walmart, who doubled down and reported the closure of hundreds of stores.  And now we can include at least six more major retailers who are shuttering down their low revenue outlets as economic conditions scream recession a little more than a month into 2016 ...

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January ends with U.S. debt crossing over $19 trillion

A new report came out on Feb. 1 showing that the national debt has now crossed over $19 trillion, making it extremely likely that the U.S. will end Obama's term in office with a debt obligation of over $20 trillion.  And with Congress simply abrogating their duties and giving the government carte blanche authority to borrow and spend as much as they want, whomever wins the Presidency this November will auto ...

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Peter Schiff: Recession and NIRP in the cards for U.S. before November election

What should make everyone feel differently this time about the state of the economy is how custom and tradition were thrown out the window back in December when the Federal Reserve intervened in the financial system within 12 months of a presidential election.  These actions are almost unheard of because the central bank always feared being labeled a political entity since their moves would in the end benef ...

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