US Home Purchases by Chinese, Other Foreigners Plunge Below 2012 Level. And the (for me) Chilling “Chinese Reaction” to it from the Largest Chinese Portal for US Homes for Sale

Posted on
US home purchases foreign buyers through 3 2019

“For developers and agents in most parts of the country who rely on foreign buyers, there is really no alternative to buyers from China”: CEO of Juwei.com The puzzle in the US housing market was this: Mortgage rates have dropped since November, and as expected mortgage applications to buy homes have surged, and this was… Read More

Why Aren’t Comey, Mueller, Strzok and McCabe in Prison?

Posted on

Why Aren’t Comey, Mueller, Strzok and McCabe in Prison? https://russia-insider.com/en/politics/fbi-established-steele-dossier-was-bogus-early-2017-used-it-anyway/ri27470  The post Why Aren’t Comey, Mueller, Strzok and McCabe in Prison? appeared first on PaulCraigRoberts.org. Source: paulcraigroberts.org

Russiagate Was an Attempted Political Assassination of President Trump

Posted on

Russiagate Was an Attempted Political Assassination of President Trump It has the identical motive as the physical assassination of President Kennedy. https://ratical.org/ratville/JFK/FalseMystery/ThePainesRoleInHistory.html  The post Russiagate Was an Attempted Political Assassination of President Trump appeared first on PaulCraigRoberts.org. Source: paulcraigroberts.org

The Lie Factory—CNN—Is Collapsing.  Thank God.

Posted on

The Lie Factory—CNN—Is Collapsing.  Thank God. Paul Craig Roberts CNN abandoned journalism and became a propaganda ministry for the Democratic National Committee and the corrupt upper echelons of the CIA and FBI.  After three years of telling the most outrageous lies ever associated with an alleged news organization in an alleged democracy, CNN’s viewership collapsed. … Read More

Thursday’s News Links

Posted on

[Reuters] Global stocks slip as U.S.-China trade war drags on corporate earnings [Reuters] Euro and bond yields fall on report that ECB might amend inflation goal [Reuters] Crude futures steady after fall on U.S. oil products stocks gain [Reuters] Trump wants a weaker dollar. It could be a hard sell [CNBC] Mnuchin: Phone call on trade with China set for… Read More

“I don’t know how I can maintain this face of joy and warmth when I have to go home and forage for food in other people’s garbage”

Posted on
Minnie Mouse Public Domain 540x360

Despite all the bragging that the mainstream media is constantly doing about the U.S. economy, the truth is that most Americans are deeply struggling right now.  59 percent of us are living paycheck to paycheck, and nearly 50 million Americans are living in poverty.  Sadly, most of those that are living in poverty actually come… Read More

London Housing Bust: Prices Fall, Sales Plunge to 2009 Level

Posted on
UK House prices London 2019 05

Most other regions in the UK cling to price gains. Home prices in Greater London – all types of homes combined – dropped 4.4% in May compared to May last year, the biggest 12-month drop since August 2009, to £457,471 ($569,000), the lowest since January 2016, according to the UK government’s Office for National Statistics… Read More

House Democrats Prove That They Are Mentally and Emotionally Incompetent 

Posted on

House Democrats Prove That They Are Mentally and Emotionally Incompetent  https://www.opednews.com/Quicklink/House-votes-to-condemn-Tru-by-Stephen-Fox-Daily-Mail-Uk-Publication_Speaker-Of-The-House-Nancy-Pelosi_Trump-Racism-190717-513.html  The post House Democrats Prove That They Are Mentally and Emotionally Incompetent  appeared first on PaulCraigRoberts.org. Source: paulcraigroberts.org

The Victims of Inflation

Posted on

Inflation gets pitched as something inherently good the Fed is trying to make sure folks gets enough of. But someone’s paying the price. This is the transcript from my podcast, THE WOLF STREET REPORT: OK, this is something new in the already tarnished history of mankind: Governors of the Federal Reserve have been fanning out… Read More

It Appears that Seth Rich Was Source of DNC Leak to WikiLeaks

Posted on

It Appears that Seth Rich Was Source of DNC Leak to WikiLeaks Is this the reason Seth Rich was murdered? Is this also the reason Julian Assange is being driven crazy by torture, so that he can’t reveal the information or is disbelieved if he does? https://theconservativetreehouse.com/2019/07/15/lawsuit-claims-julian-assange-confirmed-dnc-emails-received-from-seth-rich-not-a-russian-hack/#more-166284  The post It Appears that Seth Rich Was… Read More

Free Speech No Longer Exists in US Universities

Posted on

Free Speech No Longer Exists in US Universities Paul Craig Roberts Georgetown University law professor Jonathan Turley notes that the University of California, once a bastion of free speech, now is opposed to it. The university now punishes people for opinions expressed outside the classroom and the university. https://jonathanturley.org/2019/07/15/doctoral-candidate-at-uc-santa-barbara-faces-calls-for-her-termination-after-speaking-out-against-transgender-ideology/  Not that long ago American universities… Read More

Everything’s Fine Until Suddenly it Isn’t: How a “Leveraged Loan” Blows Up

Posted on
US Clover leveraged loan 2019 07 16 bloomberg

Kudos to the private equity firm. These things don’t happen overnight for companies. They happen overnight only for investors. Golden Gate Capital – the private equity firm now infamous for asset-stripping its portfolio company Payless ShoeSource into bankruptcy and liquidation – strikes again with another of its portfolio companies, Clover Technologies, whose $693-million leveraged loan… Read More

Tuesday Afternoon Links

Posted on

[Reuters] Wall Street slips after mixed bank earnings, Trump comments [Reuters] Trump says U.S., China still have a long way to go on trade deal [CNBC] Trade war to drag on as Trump says long way to go and China strikes hard-line tone [Politico] Trump says his friendship with Xi not as good [Reuters] U.S. home builder sentiment inches up… Read More

Finance Trends 2019 Mid-Year Markets Review

Posted on
9d2d2299 db7c 4972 a51a a6ffb1c27505

Email subscribers of the Finance Trends Newsletter receive the first look at new articles and market updates, such as the following piece, sent out to our email list on Sunday (6/14).  Hello and welcome, everyone!If you received our last email notice over the July 4th holiday, you’ll know that this weekend’s newsletter will serve as… Read More

The Mark of the Beast

Posted on

The Mark of the Beast Idiot Swedes Abandon Privacy People without cash are under the total control of the state. https://nypost.com/2019/07/14/swedish-people-are-getting-chip-implants-to-replace-cash-credit-cards/?utm_campaign=iosapp&utm_source=mail_app  The post The Mark of the Beast appeared first on PaulCraigRoberts.org. Source: paulcraigroberts.org

“Transportation Recession” Gets Uglier

Posted on
US Cass freight index shipments yoy 2019 06

After the boom comes the bust. Freight shipments in the US across all modes of transportation – truck, rail, air, and barge – fell 5.3% in June compared to June last year, after having fallen 6.0% in May, the seventh month in a row of year-over-year declines, according to the Cass Freight Index for Shipments.… Read More